Bolling in town to present $770K CDBG check

Contributors

Lt. Gov. Bill Bolling is no stranger to Downtown Waynesboro. “I have waded this trout steam many times,” said Bolling, an avid fly fisherman, at a Thursday-morning ceremony on the banks of the South River to formally mark the award by the Virginia Department of Housing and Community Development of a $770,000 grant to Waynesboro…

Robert Hurt: Protecting taxpayers

Robert Hurt

This past week the Department of Labor released a very disappointing jobs report for the month of June. Our national unemployment rate rose to an unacceptable 9.2 percent and only 18,000 jobs were created. The report makes it abundantly clear that the economic uncertainty caused by out of control government spending, excessive regulation, and the…

Downtown Waynesboro project gets CDBG funds

Contributors

A Downtown Waynesboro revitalization project is among 12 in Virginia to receive Community Development Block Grant funding, Gov. Bob McDonnell announced today. The Waynesboro Downtown Revitalization Project will receive $770,000 in CDBG funds. The project includes an economic restructuring plan and revitalization strategy for the downtown business district. The effort includes as partners Waynesboro Downtown…

Gas prices stabilizing

Chris Graham

Recent gas price declines, following near record-setting highs last month, were welcome news for motorists looking to kick off the official start of the summer driving season last weekend. While slight declines continued this week, gas prices stabilized in most areas in response to continued volatility in the crude oil market. “Gas prices continue to…

Recent financial crisis rooted in politics of creditworthiness, new UVa. study contends

Contributors

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…

Cadence to invest $15.9 million in Staunton operations, adding 65 new jobs

Contributors

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…

Chase Community Giving and the Wildlife Center of Virginia

Contributors

Chase Community Giving is a philanthropic effort held by JPMorgan Chase in which charity projects will receive money in accordance to votes by the public on Facebook. The staff at the Wildlife Center of Virginia in Waynesboro is encouraging friends, community members, and supporters to cast a vote for the Wildlife Center. Voting is now…