Wednesday, July 22, 2009

Daily Briefing, 7/22/2009

Good morning everyone! Your resident blogger is back from vacation and ready to blog once again. Anyway, here is today's Daily Briefing.

In what is potentially huge local news, the Morning Call prints today that Bethlehem Mayor John Callahan will run against Congressman Charlie Dent for the 15th Congressional District. Speaking of Bethlehem, the city announced today that it now has available a $90,000 loan pool directed towards Facade renovations as part of its Elm Street program. Also in Bethlehem, City Council rejected a resolution that would have urged the school district to not demolish Broughal Middle School. At the moment, the demolition is slated to continue. In Allentown, state workers marched against the budget stalemate, which thus far has left them unpaid for 22 days of work. Speaking of work, Saucon Valley will hold a public forum to discuss their offer for a teachers' contract. A contract dispute earlier in the year resulted in a teacher strike. And here's some good news - local developers say that vacancy ratings are decreasing, a possible sign that the economy is starting to pick up.

In state wide news, a Pennsylvania gubernatorial poll for 2010 noted that the race is still wide open - on the Republican side, its Attorney General Tom Corbett at 38%, Congressman Jim Gerlach at 15% and U.S. Attorney Pat Meehan at 9%. On the Democratic side, Allegheny County Executive at and Auditor General Jack Wagner at 16%, with billionare Tom Knox at 13%. Meanwhile, Governor Rendell's approval rating is at its lowest ever, 39%.

In national news, President Obama tonight holds a prime time press conference to discuss a variety of initiatives, including his health care push. In other news, CNNMoney.com notes that failing commercial loans are having many negative effects on big banks.

We have one Chamber event today - the Greater Northern Chamber of Commerce's summer picnic.

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