June 7, 2014 |
Tom Wolf visited Philadelphia City Council Thursday, landing squarely in the midst of a school budget crisis that many members have blamed on the state's Republican leadership. The Democratic gubernatorial nominee was escorted past pupils from three city elementary schools displaying a quilt advocating for arts funding. Wolf then headed into a closed-door meeting in Council President Darrell L. Clarke's office. Afterward, Wolf spoke in the caucus room to Council, staff, lobbyists and reporters, saying he was "a fan of this great city.
April 23, 2014 |
Legal fees incurred by Gov. Christie's reelection campaign, apparently in connection with investigations into the lane closures at the George Washington Bridge, have surpassed the amount of cash in the campaign's coffers, according to a filing with state election law officials. Christie's campaign owes $264,000 in legal and documentation fees, compared with an account balance of $156,587, according to a quarterly report filed April 15 with the state Election Law Enforcement Commission (ELEC)
April 17, 2014 |
TRENTON - State Sen. Donald Norcross raised $379,000 in the first quarter of 2014 for his First District congressional bid, which led campaign-finance filings disclosed Tuesday for South Jersey candidates for Congress. Fund-raising reports by the five other candidates for the First District seat were not available on the Federal Election Commission's website by Tuesday evening. The seat was vacated in February when U.S. Rep. Robert E. Andrews resigned to take a job with a Philadelphia law firm.
April 11, 2014 |
HARRISBURG - The state Senate unanimously approved a bill Wednesday that would ban lawmakers from accepting cash gifts from lobbyists or others seeking to "influence the legislative process. " "Senate approval of this legislation gives hope that an ugly problem is about to yield a responsible solution," said Sen. Lisa Baker (R., Luzerne), sponsor of the bill. "It sets basic ground rules everyone can grasp. " The 49-0 vote followed an unusually quick path for a piece of legislation, and came just weeks after The Inquirer first reported that four Philadelphia lawmakers had been caught on tape taking money from a lobbyist.
April 9, 2014 |
HARRISBURG A Senate committee on Monday unanimously approved a bill to ban cash gifts to lawmakers, the latest reform measure to emerge since the disclosure that four Philadelphia legislators were caught on tape taking money from a lobbyist. "This is a very important first step, a fundamental principal that I think should be in law," said the bill's sponsor, Sen. Lisa Baker (R., Luzerne). The bill, which could be voted on by the full Senate as early as Wednesday, would institute an "absolute ban on legislators accepting cash gifts from lobbyists, principals, consultants, and others who seek to influence the legislative process.
April 7, 2014 |
HARRISBURG - On the last day of the workweek before legislators returned to their districts, four Philadelphia Democrats who reportedly took envelopes of cash from a lobbyist were on the job, doing the people's business. Rep. Michelle Brownlee, who sources say got $2,000, stepped to her usual seat on the House floor. Rep. Vanessa Brown, who accepted $4,000, according to investigative documents, stood smiling and chatting with colleagues, her arm on their backs. Rep. Ronald Waters, who collected multiple payments totaling $7,650, according to sources, strode through the Rotunda.
April 4, 2014 |
HARRISBURG - Democratic and Republican leaders in the state House moved swiftly Wednesday to ban lawmakers in the chamber from accepting cash gifts from lobbyists and others with an interest in state government. The new ethics rule follows stories in The Inquirer that a now-shuttered sting investigation by the state Attorney General's Office had captured five Philadelphia Democrats, including four House members, on recordings accepting money or gifts. In imposing the ban, House leaders said its members, as well as its employees, cannot accept a gift unless it is from a spouse, relative, or friend.
April 1, 2014 |
If you're a fan of buying low and selling high, then some (but not all) markets outside the U.S. might represent value for your portfolio. We interviewed Mebane Faber (his first name is Scottish, pronounced "meb-bin"), a portfolio manager running about $350 million in assets. His firm recently launched a new exchange-traded fund called the Cambria Global Value ETF (GVAL). This fund invests in roughly 100 stocks in the world's most undervalued markets, and Faber says those are - brace yourselves - Greece, Russia, Hungary, Ireland, Spain, Czech Republic, Italy, and Portugal.
March 28, 2014 |
HARRISBURG - Republicans and Democrats in the state House of Representatives have joined in calling for legislation banning lawmakers from accepting money from lobbyists and others with a stake in state business. On Wednesday, the Republican and Democratic chairs of the House State Government Committee said they would introduce legislation to prohibit public officials and employees from accepting cash gifts from individuals, including lobbyists and the principals they represent.