Recently in Economy Category

September 29, 2008

The Nine

Only nine of 34 Texas U.S. Rep's backed the financial bailout deal today.

The full breakdown:
Democrats -- Cuellar, N; Doggett, N; Edwards, Y; Gonzalez, Y; Green, Al, N; Green, Gene, N; Hinojosa, Y; Jackson-Lee, N; Johnson, E. B., Y; Lampson, N; Ortiz, N; Reyes, Y; Rodriguez, N.

Republicans -- Barton, N; Brady, Y; Burgess, N; Carter, N; Conaway, N; Culberson, N; Gohmert, N; Granger, Y; Hall, N; Hensarling, N; Johnson, Sam, N; Marchant, N; McCaul, N; Neugebauer, N; Paul, N; Poe, N; Sessions, Y; Smith, Y; Thornberry, N.

July 21, 2008

Bush in Texas: Wall Street "Hangover"

My counterpart at the ABC affiliate in Houston, Miya Shay, scored some video of President Bush in Houston for a fundraiser this past weekend. Check it out.

Bush says:

[The economy] is uncertain, there's no question about it. Wall Street got drunk, it got drunk, it's one of the reasons I asked you to turn off your TV cameras. It got drunk and now it's got a hangover. The question is how long will it sober up, and not try to do all these fancy financial instruments.

And now we got a housing issue, not in Houston, and evidently, not in Dallas, because Laura was over there trying to buy a house today. (Laughter)

I like Crawford, unfortunately after eight years of asking her to sacrifice, I'm now no longer the decision maker. She'll be deciding, thanks for the suggestion! I suggest you don't yell it out when she's here. Later, telling her, "Hey honey, we've been on government pay now for 14 years... so go slow!"

It's uh.. caused me to lose my train of thought. Anyway.

May 14, 2008

Ring My Beeeeeell.... Ring My Bell

As Texas Agriculture Commissioner Todd Staples prepares to head to Cuba, Texas Secretary of State Phil Wilson is hanging out with Texas business leaders in The Big Apple. He rang NASDAQ's closing bell.

philwilsonsmall.jpg

When shifting from his position on the Governor's staff to Governor's appointee, Wilson retained his role as an economic development expert/liason for the state. According to Wilson's office, there are over 160 Texas-based companies listed on the NASDAQ exchange with a total market value of nearly $120 billion.

Ag Commissioner Headed to Cuba

...But will he find Scarface?

Texas Agriculture Commissioner Todd Staples is making the first trip to Cuba by a statewide elected official in more than four decades. And he's bringing friends -- an entire delegation of folks from Texas to talk about expanding trade deals with the Caribbean country.

"This is a great opportunity to build long-lasting trade relationships with Cuba," Commissioner Staples said. "We want Texas producers to have access to this growing market and for Cubans to have the chance to enjoy the best agricultural products the world offers: Texas food and fiber."

You may be thinking, wait, we trade with Cuba? Yes, indeed. According to the U.S. Census Bureau, Texas has exported well over $100 million in agricultural products to Cuba since 2000. That's when Congress partially lifted the trade embargo against the island nation (which was enacted under JFK).

April 2, 2008

The Phone! It Won't Stop Ringing!

They're baaaaack. The 3am phone call! The sleeping kids! This time, "something is happening in the world" and it's an economic crisis. John McCain would just let the phone keep ringing, according to Hillary Clinton's latest red phone ad.


Elise Hu is KVUE's Political Reporter and, now, your dedicated blogger.

Email your ideas and feedback to ehu@kvue.com.

Click here to read more about Elise.


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