Tuesday, September 15, 2009

Daily Briefing, 9/15/2009

Good morning everyone! Here is today's Daily Briefing.

Whitehall Township has sent a letter to the state, saying that they will not accept PennDOT's plan to close the Fifth Street bridge during Route 22 revisions. When it comes to home sales, there is some mixed news - sales are rising while prices are falling, according to the Lehigh Valley Association of Realtors. The home sales are rising largely on the strength of first-time buyers, who are also seeking the $8,000 tax credit. The tax is set to expire on November 30. Meanwhile, in Northampton County, 600 homes may be sold in the very near future, as 2007 real estate taxes must be paid by 2007 in order to avoid being seized by the county.

In state-wide political news, Attorney General Tom Corbett made it official: he is running for Governor. In budget news, legislative leaders met with Governor Rendell yesterday - but produced "no major breakthroughs."

In national news, President Obama gave a speech to Wall Street yesterday on the one-year anniversary of the Lehman Brothers collapse. In the speech, Obama called for tougher financial regulations to prevent future collapses. In Congress, a sanction vote is expected today against Congressman Joe Wilson (R-SC), who shouted "You lie!" at President Obama yesterday. In economic, a report is expected today on the impact of "Cash for Clunkers." The report is expected to show that car sales rose 2%.

Today is a busy day for The Chamber, as we have four events: a Two Rivers Area Chamber of Commerce mixer at Merchants Bank in Forks, a Dale Carnegie training on networking & seeking referrals, a grand opening at Central Pennsylvania College in Bethlehem and a kick-off lunch for the new Forks Business & Commerce Association.

And, Business Matters aired yesterday - the topic was Free Trade in America. The show will be available online later today, and you can also check out the Business Matters blog for more information.

This was a long one today! Hope you enjoyed it. We'll see you all later.

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