The Senate Monday night approved a ban on Internet sweepstakes cafes in North Carolina. It does not prohibit sweepstakes used for products sold in stores. The measure passed ... Keep Reading
Economics
State Senate committee passes video poker and sweepstakes ban
The Senate took a bill that came over from the House, gutted it and substituted language that would ban video poker and Internet sweepstakes cafes. House bill 80 was approved by ... Keep Reading
Civitas Senior Legislative Analyst Chris Hayes Discusses Budget
What will the final budget conference report contain or cut? ... Keep Reading
The Myth of Consumer Spending
In virtually every news report about the economy, we hear reports on consumer spending - whether it be up or down. Consumer spending constitutes 70 percent of the economy, we are ... Keep Reading
Stimulus Backers: Still Denying Reality
This morning WRAL.com ran an article by an AP Economics writer Chris Rugaber, on September's jobless rate: 9.8 percent. After pointing out 7.2 million jobs have been eliminated ... Keep Reading
Cash for Refrigerators?
Looks like the next in the line of government economic engineering and payoff for labor unions will come in the form of a "Cash for Appliances" program set to launch this ... Keep Reading
Free Market: 1, Chicken Poop Power: 0
Just as predicted (and ridiculed) it seems North Carolina’s electricity providers will be unable to meet the first deadline set by the General Assembly in Senate Bill 3 mandating ... Keep Reading
Not Transit Time
The News & Observer pens an editorial today telling Triangle residents that now is the time for transit to get going and for all you folks out there in Wake, Durham and Orange ... Keep Reading
The Nine Million Dollar Stimulus Tracker
The nice folks here at Red Clay want you to know that we are looking out for you. The fact that $787 billion of your money is being spent by 537 people who have probably ... Keep Reading
Mo’ Money
Here's another "dog bites man" story out of DC. More folks in DC think that even more government spending will lead us out the recession. White House economists are ... Keep Reading