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Randam Ron Paulism

It is said we go about the world waging war to promote peace, and yet the price paid is rarely weighed against the failed efforts to make the world a better place. Justifying conscription to promote the cause of liberty is one of the most bizarre notions ever conceived by man! Forced servitude, with the risk of death and serious injury as a price to live free, makes no sense. What right does anyone have to sacrifice the lives of others for some cause of questionable value? Even if well motivated it can’t justify using force on uninterested persons. It’s said that the 18 year old owes it to his country. Hogwash! It just as easily could be argued that a 50 year-old chickenhawk, who promotes war and places the danger on innocent young people, owes a heck of a lot more to the country than the 18 year-old being denied his liberty for a cause that has no justification.”
  —Ron Paul
 Conscription - The Terrible Price of War, November 21, 2003

Federal Reserve sees moderate improvements in regional economy

 Federal Reserve sees moderate improvements in regional economy

The Federal Beige Book was released Wednesday.


 Federal Reserve sees moderate improvements in regional economy






Eigelbach Kevin Federal Reserve sees moderate improvements in regional economy
Kevin Eigelbach
Reporter- Business First

Email

The economy of the Federal Reserve’s 


Eighth District, which includes the Louisville area, continues to expand at a modest pace, the Federal Reserve reports in its most recent Beige Book on economic conditions.

Home sales increased throughout the district on a year-over-year basis. May 2012 year-to-date home sales were up 15 percent in Louisville, 7 percent in Little Rock, 21 percent in Memphis and 19 percent in St. Louis.

Housing permits increased 45 percent in Louisville, 26 percent in Little Rock, 41 percent in Memphis and 25 percent in St. Louis.

Commercial and industrial real estate conditions also improved moderately, with a Louisville contact reporting strong leasing activity for premium office space in the city’s central business district. Office vacancy rates were mixed in other Louisville sub-markets, the report said.

Several manufacturers within the Eighth District reported plans to open plants and expand operations in the near future, especially in the auto, appliance, wall coverings, food, construction machinery, factory components and packaging industries.

Service industries that reported plans to expand and hire new workers included medical transportation, waste management and business support services. Industries in which firms planned to lay off workers included newspaper publishing, telecommunications, educational services and merchant transaction services.

General retailers have reported stronger sales recently and auto dealers have reported year-over-year increases in sales.

For the full report, click here.

Kevin Eigelbach covers these beats: Financial services, residential real estate, property and casualty insurance, construction, unions, engineers, architects, agriculture, South End, Southwest County, Bullitt County.

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