Share
A common reading of the recent subprime mortgage crisis pins the blame on bankers and loan brokers who extended mortgages to those who could not afford them, thereby inflating a housing bubble that was destined to burst. While technically correct, that reading ignores the “politics of creditworthiness” that undergirded the rise of subprime mortgages, as…
Share
Gov. Bob McDonnell today signed the second part of his “Opportunity at Work” legislative package at an afternoon event at the Virginia Beach Convention Center. The three measures signed today will help to increase tourism and attract new business to the state. The governor was joined at today’s signing ceremony by Secretary of Commerce and…
Share
Cadence Inc., a Staunton-based manufacturer of cutting and piercing instruments for industrial, medical and life-science applications, will invest $15.9 million to expand its operation in the City of Staunton and create 65 new jobs within three years. Virginia successfully competed against Costa Rica for the project. Gov. Bob McDonnell visited Staunton to announce the news…
Share
When many people think of Virginia, they think of horses. The images in their minds may range from red-coated riders chasing foxes across the fields to thoroughbred races. Personally, I think of Mister, Tommy and Magic, the horses my father-in-law keeps on his farm and the ones my son and daughter ride. From 4-H Pony…
Share
On Saturday, May 14, Campbell Soup Company will again join forces with Valley area letter carriers to Stamp Out Hunger across America, providing assistance to the millions of Americans who are struggling to put food on their tables every day. Now in its 19th year, the Stamp Out Hunger food drive, which is always held…
Share
Gov. Bob McDonnell signed into law on Monday what backers are terming the most significant investment in the Commonwealth’s transportation system in a generation. The legislation, HB2527 and SB1446, sponsored by Speaker Bill Howell (R-Stafford) and State Sens. Chuck Colgan (D-Manassas) and William Wampler (R-Bristol), creates a framework to invest nearly $4 billion into Virginia’s…
Share
What’ya got on? Your mind? I’m not completely certain these days. I know I’m experiencing increasingly large dosages of “senior moments.” The malady manifests itself numerous ways, chief among them – injecting more typographical and inexcusable grammatical errors into my writing, moving body text around and then failing to delete the edited copy, specifying the…
Share
Gov. Bob McDonnell on Thursday ceremonially signed the first part of his Opportunity at Work legislative package, along with other economic development legislation, at a morning event at the Virginia Biotechnology Research Park in Richmond. The 10 measures are designed to help attract new businesses to Virginia and help existing businesses grow and expand. “The…
Share
Former Virginia Gov. Tim Kaine is in the running for the soon-to-be-open U.S. Senate seat currently held by Democrat Jim Webb. “I’m running for the United States Senate because America has big challenges, and I’m convinced that Virginia has answers to help strengthen our nation,” Kaine said in a video released today that announced his…
Share
The Virginia Department of Agriculture and Consumer Services announced today a new study on the Virginia horse industry. A study prepared by the University of Virginia Weldon Cooper Center for Public Service and funded by the Virginia Horse Industry Board found that the horse industry in Virginia has an annual economic impact of $1.2 billion….
Local news is in “serious jeopardy,” according to experts. Pitch in and help AFP continue to deliver news to the Valley, Virginia and beyond.