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	<title>ScissorTales &#187; Economy</title>
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	<link>http://blog.newsok.com/scissortales</link>
	<description>Commentary and insight on the issues of the day</description>
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		<title>Keystone kerfuffle</title>
		<link>http://blog.newsok.com/scissortales/2013/04/10/keystone-kerfuffle/</link>
		<comments>http://blog.newsok.com/scissortales/2013/04/10/keystone-kerfuffle/#comments</comments>
		<pubDate>Wed, 10 Apr 2013 19:46:13 +0000</pubDate>
		<dc:creator>Owen Canfield</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Environment]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4631</guid>
		<description><![CDATA[<p>Nancy Zorn, 79, of Warr Acres used a bicycle lock to attach herself this week to a piece of equipment being used to build the southern leg of the Keystone XL pipeline in Hughes County.</p>]]></description>
				<content:encoded><![CDATA[<p>Nancy Zorn, 79, of Warr Acres used a bicycle lock to attach herself this week to a piece of equipment being used to build the southern leg of the Keystone XL pipeline in Hughes County. Zorn was jailed when she refused to leave.</p>
<p>A group that opposes the pipeline quoted the woman as saying she couldn’t sit still while “toxic tar sands are pumped down from Canada into our communities.” Zorn’s hope was that she might inspire others to join the fight.</p>
<p>She shouldn’t hold her breath.</p>
<p>Oklahomans strongly favor construction of the Keystone pipeline. They understand that building the pipeline means jobs, and that worries about pipeline safety are red herrings offered by anti-fossil fuel zealots.</p>
<p>Zorn is left with a story to tell her grandchildren, but not much else. The pipeline is coming, and it should.</p>
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		<title>Not cutting enough?</title>
		<link>http://blog.newsok.com/scissortales/2013/03/06/not-cutting-enough/</link>
		<comments>http://blog.newsok.com/scissortales/2013/03/06/not-cutting-enough/#comments</comments>
		<pubDate>Wed, 06 Mar 2013 22:10:45 +0000</pubDate>
		<dc:creator>Owen Canfield</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal government]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4565</guid>
		<description><![CDATA[<p>As the sequester neared, Reason magazine editor-in-chief Matt Welch was among those arguing that the looming government budget cuts didn&#8217;t go nearly deep enough.</p>]]></description>
				<content:encoded><![CDATA[<div>
<p>As the sequester neared, Reason magazine editor-in-chief Matt Welch was among those arguing that the looming government budget cuts didn&#8217;t go nearly deep enough.</p>
<p>Writing at cnn.com, Welch pointed out that the amount cut would equal “a tiny sliver of the federal budget” and should leave people asking what the country gained from doubling government spending from 2000 to 2010.</p>
<p>“If the bureaucrats can&#8217;t produce an explanation for the price increase of government, then they should not expect their budgets to be rubber-stamped by an already suffering public,” Welch said.</p>
<p>Complaints are coming from “a government money machine having difficulty adapting to a political universe that no longer accepts automatic annual increases,” he said, and those will continue until politicians muster the gumption “to align government expenditures within miles of revenue.” Don&#8217;t hold your breath waiting for that to happen.</p>
</div>
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		<title>What a coincidence!</title>
		<link>http://blog.newsok.com/scissortales/2013/01/11/what-a-coincidence/</link>
		<comments>http://blog.newsok.com/scissortales/2013/01/11/what-a-coincidence/#comments</comments>
		<pubDate>Fri, 11 Jan 2013 20:05:48 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal government]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4439</guid>
		<description><![CDATA[<p>For the eighth consecutive month, Oklahoma City has recorded the lowest jobless rate among the nation&#8217;s 49 largest cities.</p>]]></description>
				<content:encoded><![CDATA[<p>For the eighth consecutive month, Oklahoma City has recorded the lowest jobless rate among the nation&#8217;s 49 largest cities. Our unemployment rate was just 4.5 percent in November.</p>
<p>Gosh, who would have thought the capital city of Oklahoma — reddest state in the nation, dominated by political leaders who expressly reject the “tax and spend” economic philosophy touted by the current occupant of the White House, whose state leaders openly advocate and advance policies actually running the opposite direction — would somehow achieve an unemployment rate far, far below what President Barack Obama claimed was achievable only if lawmakers passed his “stimulus” measure in 2009?</p>
<p>Thanks mostly to people leaving the workforce, Obama was finally able to lower national unemployment below 8 percent. In Oklahoma, we&#8217;ve lowered the rate the old-fashioned way: job creation. Sadly, we doubt Obama will take note.</p>
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		<title>Mixed signals with November tax collections</title>
		<link>http://blog.newsok.com/scissortales/2012/12/13/mixed-signals-with-november-tax-collections/</link>
		<comments>http://blog.newsok.com/scissortales/2012/12/13/mixed-signals-with-november-tax-collections/#comments</comments>
		<pubDate>Thu, 13 Dec 2012 17:30:57 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[State government]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4350</guid>
		<description><![CDATA[<p>Oklahoma’s November tax collections contained both good news and warning signs.</p>]]></description>
				<content:encoded><![CDATA[<p>Oklahoma’s November tax collections contained both good news and warning signs.</p>
<p>Sales tax collections for the month were 8.4 percent higher than the prior year; motor vehicles tax collections were 2.2 percent higher. Both figures are signs of continuing consumer confidence in Oklahoma. On the downside, low energy prices made gross production taxes nonexistent and individual income tax collections were down 5.4 percent.</p>
<p>Secretary of Finance Preston Doerflinger noted total collections for the fiscal year to date are $33 million above the estimate. Still, he warned that if the federal government goes over the “fiscal cliff,” it could have dramatic impact on the state economy.</p>
<p>The governor’s office is drafting a state budget responsibly prepared for federal cuts of $137 million to $200 million. Oklahoma’s economy is faring well, but warning signs are on the horizon, and haphazard federal fiscal policy could easily plunge us back into recession. Stay tuned.</p>
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		<title>She did build that!</title>
		<link>http://blog.newsok.com/scissortales/2012/11/28/she-did-build-that/</link>
		<comments>http://blog.newsok.com/scissortales/2012/11/28/she-did-build-that/#comments</comments>
		<pubDate>Wed, 28 Nov 2012 12:30:41 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4316</guid>
		<description><![CDATA[<p>Here&#8217;s another one for President Barack Obama&#8217;s “you didn&#8217;t build that” file.</p>]]></description>
				<content:encoded><![CDATA[<div>
<p>Here&#8217;s another one for President Barack Obama&#8217;s “you didn&#8217;t build that” file.</p>
<p>As a mother of four, North Carolina native Brandi Tysinger-Temple started sewing clothes for her children and eventually sold extra items on eBay, then on Facebook. Response was strong and the business grew. From its humble origins in a spare bedroom, Lolly Wolly Doodle today fills a 19,000-square-foot facility and employs more than 100 people in Lexington, N.C.</p>
<p>The business has more than 375,000 Facebook fans. In a town with an unemployment rate of 10.7 percent, Lolly Wolly Doodle is creating jobs the old-fashioned way — by identifying a consumer need and meeting it, not through the crony capitalism too often promoted by Obama.</p>
<p>Tysinger-Temple&#8217;s success is an inspiration to those who still believe in the American dream, and a rebuke to government planners who think they know better.</p>
</div>
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		<title>The life of pies</title>
		<link>http://blog.newsok.com/scissortales/2012/11/27/the-life-of-pies/</link>
		<comments>http://blog.newsok.com/scissortales/2012/11/27/the-life-of-pies/#comments</comments>
		<pubDate>Tue, 27 Nov 2012 20:54:26 +0000</pubDate>
		<dc:creator>J.E. McReynolds</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Lifestyle]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4314</guid>
		<description><![CDATA[<p>Hostess is attracting suitors for its signature brands, plants and other assets.</p>]]></description>
				<content:encoded><![CDATA[<p>Hostess is attracting suitors for its signature brands, plants and other assets. When news of Hostess&#8217; pending demise broke last month, thousands of Americans mourned the loss of the Twinkie and other Hostess products. But brands, like factories, can be bought and sold.</p>
<p>The Twinkie may live on with a different baking company. Will it taste the same? Remains to be seen. Other famous brands that are likely to survive under new ownership include the Ding Dong, Donettes, Sno Balls, Ho-Hos, Chocodiles and Zingers.</p>
<p>We&#8217;re worried, though, that another Hostess staple may be too generic to find life after bankruptcy. It&#8217;s those miniature fruit pies that (at least in the minds of mothers who pack school lunch boxes) are healthier than other Hostess offerings. Will someone please pluck the fruit pie from the Hostess tree and plant it in another orchard?</p>
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		<title>Oklahoma liquor store data hurts sales-restriction arguments</title>
		<link>http://blog.newsok.com/scissortales/2012/11/21/oklahoma-liquor-store-data-hurts-sales-restriction-arguments/</link>
		<comments>http://blog.newsok.com/scissortales/2012/11/21/oklahoma-liquor-store-data-hurts-sales-restriction-arguments/#comments</comments>
		<pubDate>Wed, 21 Nov 2012 14:07:19 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4298</guid>
		<description><![CDATA[<p>Recently, there’s been a push to overhaul Oklahoma’s liquor laws and allow grocery stores and similar outlets to sell wine or strong beer.</p>]]></description>
				<content:encoded><![CDATA[<p>Recently, there’s been a push to overhaul Oklahoma’s liquor laws and allow grocery stores and similar outlets to sell wine or strong beer. So far, sellers benefitting from current restrictions have won the day; state regulations have remained intact.</p>
<p>Recent trends suggest many entrepreneurs expect little change in future years.</p>
<p>The number of liquor stores in Oklahoma has reached 666, the highest total in decades. In 2001, there were just 538. Some have suggested wine sales in grocery stores would increase underage drinking, but it would seem the growth of liquor stores would have the same potential impact.</p>
<p>From a free-market perspective, the increased number of outlets should boost competition and keep consumer prices lower, benefiting consumers. But allowing grocery stores to sell wine would do the same.</p>
<p>As a result, the growth of liquor stores is actually undermining arguments for the sales restrictions that benefit them.</p>
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		<slash:comments>2</slash:comments>
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		<title>Eating their own</title>
		<link>http://blog.newsok.com/scissortales/2012/11/16/eating-their-own/</link>
		<comments>http://blog.newsok.com/scissortales/2012/11/16/eating-their-own/#comments</comments>
		<pubDate>Fri, 16 Nov 2012 16:35:31 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Agriculture]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Government]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4293</guid>
		<description><![CDATA[<p>Want a glimpse of what happens to businesses reliant on government regulation to stay viable?</p>]]></description>
				<content:encoded><![CDATA[<p>Want a glimpse of what happens to businesses reliant on government regulation to stay viable? Take a look at California, where cheese makers benefit from a state law governing the price they pay for milk.</p>
<p>The price has been so low that many dairies are now going out of business — an estimated 100 out of roughly 1,600 this year. Dairy owners obviously favor raising the price. Cheese makers argue a milk price increase could drive them out of business given the high cost of operating in California due to its other excessive regulations.</p>
<p>To offset the impact of overreaching government regulations, cheese makers are forced to promote &#8230; other overreaching government regulations. Instead of competing through the marketplace and letting consumers ultimately determine price, California’s dairies and cheese makers must compete in lobbying state lawmakers.</p>
<p>That’s no way to run an economy.</p>
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		<title>Surprise, surprise</title>
		<link>http://blog.newsok.com/scissortales/2012/09/13/surprise-surprise/</link>
		<comments>http://blog.newsok.com/scissortales/2012/09/13/surprise-surprise/#comments</comments>
		<pubDate>Thu, 13 Sep 2012 20:15:40 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal government]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4174</guid>
		<description><![CDATA[<p>President Barack Obama&#8217;s program to allow some illegal immigrants to remain and work legally in the United States isn&#8217;t drawing as many takers as expected.</p>]]></description>
				<content:encoded><![CDATA[<p>President Barack Obama&#8217;s program to allow some illegal immigrants to remain and work legally in the United States isn&#8217;t drawing as many takers as expected.</p>
<p>The program, which applies to those younger than 30 who were typically brought here by their parents when they were children, has drawn just 40,000 applications out of an estimated 1.7 million eligible. It turns out that people who&#8217;ve violated immigration laws are hesitant to provide the government their names and locations without a guarantee they or their relatives won&#8217;t be deported.</p>
<p>Because the program was enacted through an executive order and not an act of Congress, and because a presidential election looms, Obama can&#8217;t make that promise.</p>
<p>We&#8217;ve noted Obama&#8217;s gesture was more about politics than actually resolving long-standing immigration problems. The response of those targeted by Obama&#8217;s program indicates many of them feel the same way.</p>
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		<title>Energy in the spotlight next week in Oklahoma City</title>
		<link>http://blog.newsok.com/scissortales/2012/08/18/energy-in-the-spotlight-next-week-in-oklahoma-city/</link>
		<comments>http://blog.newsok.com/scissortales/2012/08/18/energy-in-the-spotlight-next-week-in-oklahoma-city/#comments</comments>
		<pubDate>Sat, 18 Aug 2012 05:30:03 +0000</pubDate>
		<dc:creator>J.E. McReynolds</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Energy]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4123</guid>
		<description><![CDATA[<p>Oklahomans need few reminders of the importance of the energy industry to the state.</p>]]></description>
				<content:encoded><![CDATA[<p>Oklahomans need few reminders of the importance of the energy industry to the state. They&#8217;ll get more reminders next week as the Oklahoma Council of Public Affairs holds an energy summit on Tuesday and an American Energy Alliance (AEA) bus tour makes a stop here on Friday.</p>
<div>
<p>One in every seven Oklahoma jobs is directly or indirectly tied to energy, according to the AEA. The group&#8217;s bus tour has already logged more than 2,000 miles to spotlight the continued importance of fossil fuels in the age of renewable energy mania. The bus will be at the Oklahoma History Center near the state Capitol at 9 a.m. Friday.</p>
<p>OCPA&#8217;s National Policy Summit on Energy &amp; Federalism is scheduled for the new Devon Energy Center in downtown Oklahoma City. Panel discussions will focus on national security and state and federal regulations.</p>
<p>Energy&#8217;s importance is highlighted monthly in reports on state revenues and demonstrated daily by the thousands of industry employees who live, work and shop in the state. Fossil fuel is still cool here. May it be so for a long time to come.</p>
<p>By the way, those buses that ferry Barack Obama campaigners around the country this fall won&#8217;t be running on solar power.</p>
</div>
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		<title>Jobs, money are tight in Oklahoma</title>
		<link>http://blog.newsok.com/scissortales/2012/08/03/jobs-money-are-tight-in-oklahoma/</link>
		<comments>http://blog.newsok.com/scissortales/2012/08/03/jobs-money-are-tight-in-oklahoma/#comments</comments>
		<pubDate>Fri, 03 Aug 2012 16:41:40 +0000</pubDate>
		<dc:creator>Owen Canfield</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4092</guid>
		<description><![CDATA[<p>Oklahoma City’s unemployment rate in June was 5 percent, the lowest among the nation’s 49 largest metro areas.</p>]]></description>
				<content:encoded><![CDATA[<p>Oklahoma City’s unemployment rate in June was 5 percent, the lowest among the nation’s 49 largest metro areas. That’s good news, even if the rate was up slightly from the 4.5 percent a month earlier. Considering the national unemployment rate continues to be a shade over 8 percent, we’ll take 5 percent.</p>
<p>On the other hand, a new study by the Pew Charitable Trusts shows Oklahoma has the highest known rate of payday borrowing.</p>
<p>Thirteen percent of Oklahomans are using these short-term, high-interest loans to help make ends meet. That’s a higher percentage than any of the other 31 states that had data worth crunching.</p>
<p>A spokesman for the Oklahoma Employment Security Commission noted that the job market here remains very tight. For many Oklahomans, it’s clear that money does, too.</p>
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		<title>Growing Oklahoma</title>
		<link>http://blog.newsok.com/scissortales/2012/08/02/growing-oklahoma/</link>
		<comments>http://blog.newsok.com/scissortales/2012/08/02/growing-oklahoma/#comments</comments>
		<pubDate>Thu, 02 Aug 2012 17:44:48 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4090</guid>
		<description><![CDATA[<p>Tulsa-based Lufthansa Technik Component Services announced this week that it has tripled the number of people employed locally in the past year, and plans to add as many as 90 employees in the next few years.</p>]]></description>
				<content:encoded><![CDATA[<p>Tulsa-based Lufthansa Technik Component Services announced this week that it has tripled the number of people employed locally in the past year, and plans to add as many as 90 employees in the next few years.</p>
<p>This is good news, as was the recent announcement that Belgium-based ASCO Industries will open a production facility in Stillwater, investing up to $100 million and adding as many as 600 jobs by 2015.</p>
<p>While there’s a natural rivalry among Oklahoma communities, economic growth isn’t a zero-sum game. Job growth in Oklahoma City doesn’t come at the expense of Tulsa, and vice-versa. Our state can’t thrive if just one area thrives while most other communities struggle.</p>
<p>The Tulsa Metro Chamber has a goal to create 10,000 primary jobs at an annual salary of $50,000 or greater. The LTCS announcement brings the group that much closer to achieving its goal.</p>
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		<title>A good problem to have</title>
		<link>http://blog.newsok.com/scissortales/2012/07/09/a-good-problem-to-have/</link>
		<comments>http://blog.newsok.com/scissortales/2012/07/09/a-good-problem-to-have/#comments</comments>
		<pubDate>Mon, 09 Jul 2012 20:37:49 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Energy]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4044</guid>
		<description><![CDATA[<p>Prosperity not only brings benefits, but also challenges. That’s become apparent in the oil boom towns of North Dakota.</p>]]></description>
				<content:encoded><![CDATA[<p>Prosperity not only brings benefits, but also challenges. That’s become apparent in the oil boom towns of North Dakota.</p>
<p>The Associated Press reports that Williston, N.D., has seen its population double in the past decade, and the average annual wage has surged from $32,000 to $80,000. Because of that rapid growth, housing is in short supply and the cost of buying or renting is increasing as well. That’s especially challenging for those not directly involved in the oil industry, such as teachers who have starting salaries of $31,500. The town’s school is expected to see student growth of 46 percent this year alone.</p>
<p>So far, though, it appears those challenges aren’t deterring teacher applicants. And the problems of rapid population and wage growth are preferable to dealing with struggling local economies and low wages. We suspect many small communities in Oklahoma would gladly trade places with Williston.</p>
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		<title>Rising from the rubble</title>
		<link>http://blog.newsok.com/scissortales/2012/07/03/rising-from-the-rubble/</link>
		<comments>http://blog.newsok.com/scissortales/2012/07/03/rising-from-the-rubble/#comments</comments>
		<pubDate>Tue, 03 Jul 2012 14:38:44 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Environment]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4019</guid>
		<description><![CDATA[<p>&#160;</p>
<p>When an F5 tornado hit Moore on May 3, 1999, it did $800 million in estimated damage to that community’s neighborhoods.</p>]]></description>
				<content:encoded><![CDATA[<div id="attachment_4030" class="wp-caption alignnone" style="width: 425px"><a href="http://blog.newsok.com/scissortales/2012/07/03/rising-from-the-rubble/tornado/" rel="attachment wp-att-4030"><img class=" wp-image-4030  " title="TORNADO" src="http://blog.newsok.com/scissortales/files/2012/07/mooretornado-532x752.jpg" alt="" width="415" height="586" /></a><p class="wp-caption-text">MAY 3, 1999 TORNADO: Jack Jones looks over tornado damage in Moore off Western and 12th street. Westmoore High School is in the background.</p></div>
<p>&nbsp;</p>
<p>When an F5 tornado hit Moore on May 3, 1999, it did $800 million in estimated damage to that community’s neighborhoods. Today, the city is one of Oklahoma’s fastest-growing. Recently, Census figures ranked Moore among the top 100 cities in the country based on its growth. The community added 1,234 people from 2010 to 2011 (2.2. percent growth). Oklahoma City and surrounding suburbs have all enjoyed growth in recent years. The Census found that Oklahoma City’s population increased by 2.1 percent from 2010 to 2011, while Mustang and Yukon experienced population growth greater than 3 percent. Yet Moore stands out because of its not-so-distant tragic past. Recalling the horror of 1999 and the broad path of rubble the tornado made of buildings and people’s lives, the growth of Moore has been a remarkable achievement, and a testament to the perseverance of Oklahomans.</p>
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		<title>Fiscal fitness</title>
		<link>http://blog.newsok.com/scissortales/2012/06/26/fiscal-fitness/</link>
		<comments>http://blog.newsok.com/scissortales/2012/06/26/fiscal-fitness/#comments</comments>
		<pubDate>Tue, 26 Jun 2012 21:15:27 +0000</pubDate>
		<dc:creator>J.E. McReynolds</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal government]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[State government]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=4001</guid>
		<description><![CDATA[How can some states manage their budgets when the federal government fails to do so?]]></description>
				<content:encoded><![CDATA[<div>How can some states manage their budgets when the federal government fails to do so? Good question. And one that Oklahoma state Treasurer Ken Miller says he was asked this week at the Conference on Budget and Fiscal Coordination in American Countries, held in Mexico. Miller, a Republican, was invited to “discuss best practices for efficient operation of state government.” The trip was not made at state expense. A treasurer&#8217;s office press release said Miller&#8217;s advice was to build a revenue structure that&#8217;s diversified, recurring, stable and “profit-friendly.” Good counsel. As for the question posed above, Miller said the state&#8217;s fiscal condition relative to the federal government&#8217;s “is due in large part to a conservative philosophy, a restrictive constitution, bipartisan political cooperation and a thriving energy industry.” Must Washington travel to Mexico to learn how to get its house in order?</div>
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		<title>Democrats and big banks</title>
		<link>http://blog.newsok.com/scissortales/2012/05/30/democrats-and-big-banks/</link>
		<comments>http://blog.newsok.com/scissortales/2012/05/30/democrats-and-big-banks/#comments</comments>
		<pubDate>Wed, 30 May 2012 20:43:57 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=3748</guid>
		<description><![CDATA[<p>Some political stereotypes survive long past their expiration point.</p>]]></description>
				<content:encoded><![CDATA[<p>Some political stereotypes survive long past their expiration point. For example: Democrats are for the working man and Republicans are shills for evil big business. But The Wall Street Journal notes that J.P. Morgan Chase — of the notorious $2 billion loss — actually gave far more to Democrats than Republicans in 2008. That year, Democrats received $3.6 million compared with $2.3 million for Republicans. This election year, Mitt Romney is the bank&#8217;s biggest recipient with $373,650 so far, but that still pales compared with $807,799 given Barack Obama in 2008. Goldman Sachs, Bank of America and Citigroup also bankrolled Democrats in a big way in 2008 before shifting to Republicans this cycle. Democrats and big business are clearly willing to get in bed together, although this administration&#8217;s economic record is causing the banks to rethink that marriage of convenience.</p>
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		<title>A victory for transparency</title>
		<link>http://blog.newsok.com/scissortales/2012/05/22/a-victory-for-transparency/</link>
		<comments>http://blog.newsok.com/scissortales/2012/05/22/a-victory-for-transparency/#comments</comments>
		<pubDate>Tue, 22 May 2012 19:12:33 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[State government]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=3685</guid>
		<description><![CDATA[<p>Thanks to state Rep. Elise Hall, R-Oklahoma City, and state Sen.</p>]]></description>
				<content:encoded><![CDATA[<p>Thanks to state Rep. Elise Hall, R-Oklahoma City, and state Sen. Josh Brecheen, R-Coalgate, the state bond advisor has added a website allowing citizens to review state bond information (<a href="http://www.ok.gov/bondadvisor/State_Debt/index.html">www.ok.gov/bondadvisor/State_Debt/index.html</a>). We believe this is a victory for transparency that will help inform future debates. We have urged lawmakers to use bond financing for basic government upkeep, such as the dire need for a new medical examiner’s office. What works for private citizens buying a home can work for state government addressing infrastructure needs. Bond opponents using the web site may note that Oklahoma has nearly $1.6 billion in existing net tax-supported debt, while supporters can cite Oklahoma’s healthy bond ratings and low ranking on net tax-supported debt per capita. Either way, the web site will allow for a more informed citizenry and debate. Well done.</p>
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		<title>Down in the dumpouts</title>
		<link>http://blog.newsok.com/scissortales/2012/05/08/down-in-the-dumpouts/</link>
		<comments>http://blog.newsok.com/scissortales/2012/05/08/down-in-the-dumpouts/#comments</comments>
		<pubDate>Tue, 08 May 2012 14:49:09 +0000</pubDate>
		<dc:creator>Ray Carter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Lifestyle]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=3379</guid>
		<description><![CDATA[<p>The age-old problem of families buying a cute puppy only to find the full-grown version unmanageable, and then dumping him in the country, is apparently an issue with horses as well.</p>]]></description>
				<content:encoded><![CDATA[<p>The age-old problem of families buying a cute puppy only to find the full-grown version unmanageable, and then dumping him in the country, is apparently an issue with horses as well. The Wall Street Journal reports that horse “dumpouts” in rural areas have surged due to the tough economy. As a result, “wild” herds are growing unmanageable, leading to calls for reviving horse slaughter plants in several states, including Oklahoma. Animal rights activists are appalled, but those dealing with the animals say there simply aren&#8217;t enough people able to take in abandoned horses, which often struggle to survive in a wild herd. While no one likes the idea of killing a horse in a slaughterhouse, that&#8217;s a far better fate than slow starvation or the painful death that occurs when a horse is struck by a car — another increasing problem thanks to the dumpout trend.</p>
<p style="text-align: center;"><a href="http://blog.newsok.com/scissortales/2012/05/08/down-in-the-dumpouts/horse-rescue/" rel="attachment wp-att-3381"><img class="size-medium wp-image-3381 aligncenter" title="Horse Rescue" src="http://blog.newsok.com/scissortales/files/2012/05/Horse-Rescue.jpg" alt="" width="512" height="339" /></a></p>
<p style="text-align: right;">Photo by Chris Landsberger, The Oklahoman Archives</p>
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		<title>Ceiling the deal</title>
		<link>http://blog.newsok.com/scissortales/2012/04/18/ceiling-the-deal/</link>
		<comments>http://blog.newsok.com/scissortales/2012/04/18/ceiling-the-deal/#comments</comments>
		<pubDate>Wed, 18 Apr 2012 20:30:51 +0000</pubDate>
		<dc:creator>J.E. McReynolds</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=2996</guid>
		<description><![CDATA[<p>Income inequality is one of the favorite canards of the left, an oft-drawn weapon of class warfare.</p>]]></description>
				<content:encoded><![CDATA[<p>Income inequality is one of the favorite canards of the left, an oft-drawn weapon of class warfare. Wall Street Journal columnist Holman W. Jenkins Jr. writes that this is a “strange obsession, at least to the extent the obsessive focus their policy responses on trying to adjust the condition of the top 1 percent rather than improving the opportunities of everyone else.” Perhaps the warfare should shift to the liberal enclaves known as law firms. There, the richest lawyers are getting richer and the rest are struggling. More lawyers are in the $1,000-an-hour club than ever. TyMetrix, a legal software firm, found hourly rate increases for the elite and declines for many other lawyers. This isn&#8217;t the glass ceiling. It&#8217;s the class-action ceiling. Counselors, who ya gonna sue?</p>
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		<title>Pocket change</title>
		<link>http://blog.newsok.com/scissortales/2012/03/30/pocket-change/</link>
		<comments>http://blog.newsok.com/scissortales/2012/03/30/pocket-change/#comments</comments>
		<pubDate>Fri, 30 Mar 2012 21:45:21 +0000</pubDate>
		<dc:creator>Lindsay Walle</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Federal government]]></category>
		<category><![CDATA[Foreign Affairs]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Lifestyle]]></category>

		<guid isPermaLink="false">http://blog.newsok.com/scissortales/?p=2672</guid>
		<description><![CDATA[<p>Canada is literally pinching pennies from its budget. The finance minister announced this week that the Royal Canadian Mint will cease distribution of the coin this fall.</p>]]></description>
				<content:encoded><![CDATA[<p><a href="http://blog.newsok.com/scissortales/2012/03/30/pocket-change/canadian-penny/" rel="attachment wp-att-2673"><img class="alignleft  wp-image-2673" title="Canadian Penny" src="http://blog.newsok.com/scissortales/files/2012/03/Canadian-Penny.jpg" alt="" width="184" height="105" /></a>Canada is literally pinching pennies from its budget. The finance minister announced this week that the Royal Canadian Mint will cease distribution of the coin this fall. Producing a penny costs about 1.6 cents, so the change is expected to save 11 million Canadian dollars annually. As our northern neighbors eliminate a coin deemed a nuisance, our Congress is considering transitioning to a coin many consider inconvenient. Replacing the dollar bill with a dollar coin would supposedly help combat the deficit. The <a href="http://www.americansforgeorge.org/welcome" target="_blank">Americans for George</a> coalition expresses concerns about the financial and practical implications of the change. A public opinion poll shows 97 percent believe the dollar bill is more convenient than carrying coins. The Government Accountability Office estimates over half a billion in net losses to the government during the first decade of the transition, and reports by the Federal Reserve Board and U.S. Treasury raise concerns that the long-term impact may also be negative. In the past 15 years, only one major country phased out a bill in favor of a coin: Russia. A penny for your thoughts?</p>
<p>(AP Photo/The Canadian Press)</p>
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