Category: Politics (Page 5 of 7)

      Richard Cordray nominated to head Consumer Protection Bureau

      July 18, 2011 /
      President Barack Obama (L) Elizabeth Warren (C), Special Advisor on the Consumer Financial Protection Bureau, and Richard Cordray, Obama’s nominee to be the Director of the Consumer Financial Protection Bureau, walk into the Rose Garden where Obama introduced him as him nominee, in Washington on July 18, 2011. UPI/Kevin Dietsch

      Richard Cordray gets a big job:

      President Obama nominated Richard Cordray, the former attorney general of Ohio, to officially have your back. If and when Cordray is confirmed, he’ll run the Consumer Financial Protection Bureau, the agency created last summer to defend consumers against abusive practices by banks and other financial institutions.

      The article goes on to analyze why Cordray was selected. Many expect him to run for governor of Ohio in 2014, so this can be a big stepping stone for him.

      Business, News, Policy, Politics

      Sherrod Brown looking good for 2012

      June 3, 2011 /
      President Barack Obama salutes while walking down the steps of Air Force One as he arrives in Youngstown Ohio to attend a roundtable event with auto workers at the GM Lordstown Assembly Plant, Sept. 15, 2009. Following the President are Sen. Sherrod Brown, Rep. Tim Ryan, Rep. Betty Sutton (obscured) and Rep. Charlie Wilson. (Pete Souza/White House/Pinnacle Images)

      The polling has been great for Sherrod Brown for 2012.

      Back in December of last year, shortly after Ohio was pretty much ground zero for the Democratic wipeout in the 2010 midterm, Sherrod Brown was looking like he was in dire shape, polling in the low 40s. A funny thing happened since then, though: people got to see what it’s like again to have Republicans in charge (in Ohio’s case, with John Kasich in charge as governor, who at this point would lose to Ted Strickland by 25 points in a PPP hypothetical-rematch poll). The overall shift in the direction of the political winds — particularly pronounced in Ohio — has taken what initially looked like a Tossup, given a decent GOP challenger, and it turned it into what’s looking like a snooze instead, with Brown racking up leads in the vicinity of 20 and hovering around the magic ’50’ mark.

      Kasich is a complete disaster for the GOP in Ohio. President Obama should be feeling better as well.

      Politics

      Casino wants Gateway parking garage

      May 5, 2011 /

      Cleveland.com is reporting that the developer of the downtown Cleveland casino is looking to acquire a parking garage from the city:

      The developer of a casino in Cleveland’s historic Higbee building has offered the city $21 million for the nearby Gateway North parking garage.

      It’s a proposal that officials said Wednesday would benefit both sides by helping the cash-strapped city get out from under a garage that is described as seldom used while putting the developer a giant step closer to having a parking plan that could accommodate up to 5 million annual visitors.

      Officials at Rock Ohio Caesars say that the casino-goers’ experience begins when they park their car. And Rock Ohio Caesars wants to wow them. But officials add that having a seamless parking plan is important for securing financing for the $350 million project.

      This seems to make a ton of sense. It won’t matter for high rollers arriving in a limousine, but for visitors parking their cars, the experience needs to be positive from the beginning.

      Also, let’s hope the casino operators don’t make the same mistakes that were made in Pittsburgh. The parking needs to be affordable!

      Business, News, Politics, Real Estate

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