Word: houstons
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...been a tempestuous few years for the voters of Texas' 22nd Congressional District, the once solid conservative home of the much loved/much reviled (take your pick) former Republican Majority Leader Tom DeLay. After years of bringing home the bacon for voters in bow tie-shaped district south of Houston, DeLay, under a cloud of ethics allegations and still-unresolved criminal charges, abandoned his seat mid-election in 2006, leading to a Republican succession battle that resembled a circular firing squad. Out from the smoke came Nick Lampson, a moderate Democrat who had been drawn out of his old neighboring congressional...
Carrying the united Republican banner is Pete Olson, a Navy veteran, native of Houston and former chief of staff to former Texas Senator Phil Gramm and current Texas Senator John Cornyn. Republican heavyweights including President George W. Bush, Gov. Mitt Romney and popular conservative Louisiana Gov. Bobby Jindal have stood shoulder to shoulder with Olson at campaign appearances and fundraisers as he rails against Lampson as a closet liberal out of step with the district's conservative voters. Meanwhile, the Democrats have poured money into Lampson re-election efforts-the latest numbers from the Federal Election Commission showed him with...
...becomes a much longer term issue with long-term demand destruction." In the short term, there's simple math. The average driver goes about 12,000 miles a year at 20 miles per gallon, says Ken Medlock, an Energy Fellow at the Baker Institute at Rice University in Houston, Texas. If gasoline drops $1.50 the $900 that Joe Average Driver saves would amount to a big stimulus package. According to Ed Leamer, director of the UCLA's Anderson Forecast, the current price slide could drop another $200-to-$250 billion into consumers' pockets, given that as of the second quarter...
Openings. Doubletree opens in Milan...St. Regis Houston completes a refurbishment and updating of all 232 rooms and suites...W Scottsdale Hotel & Residence opens with 224 rooms...Sheraton opens in the Northbrook, Ill., near O'Hare Airport...
...onto the field. Because of worries about the U.S. economy, the NBA is eliminating about 80 jobs, or 9% of the league's workforce, and it shuttered its Los Angeles office. Commissioner David Stern has predicted a "modest" decline in season-ticket sales, though sales in some markets, like Houston, are strong. "I will say that corporate sponsors are a bit later than usual coming to the party," says Houston Rockets CEO Tad Brown. "That's the one area where we've had to be more attentive and where we've seen delays in funding...