Word: iowa
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...disclose all financial ties to Harvard Medical School faculty on Tuesday, citing a recent New York Times report that 149 of the school’s faculty members have ties to the company. In a letter addressed to the Pfizer CEO, Grassley—a Republican from Iowa who has been an outspoken critic of conflicts of interest in medical research—gave the company until March 10 to produce a “detailed account” of payments to Medical School faculty since the beginning of 2007. Ray Kerins, a Pfizer spokesperson, told The Crimson yesterday that...
...Franklin, Texas, or $75,000 for a Totally Teen Zone in Albany, Georgia. McCain has twittered snide comments about $2.1 million for the Center for Grape Genetics ("quick peel me a grape"), $209,000 to improve blueberry production and efficiency in Georgia, $1.7 million for pig odor research in Iowa. But those earmarks sound porky because they sound wasteful, not because they were earmarked; if a Department of Education bureaucrat had approved that $332,500 expenditure, it would still sound like a lot of money for a sidewalk. The pig odor would still stink if it wasn't technically "pork...
...Another trend: a creeping problem in the Midwest. It's true that property markets never went wild in Des Moines, Iowa, or Omaha, Neb., the way they did in Merced, Calif., and Fort Myers, Fla., but this means even modest declines in home values can erase equity, especially for recent buyers who have less of a cushion against falling prices. In Iowa, 18.6% of homeowners have negative equity; in Nebraska the figure is 16.6% (both jumped more than three percentage points from September). (See pictures of struggling Cleveland...
...measures, such unlikely spots are in even more danger than California, which is suffering a brutal real estate slump after years of speculative excess. That's because Midwesterners owe more on their properties than left coasters. The average loan-to-value ratio in California is 70%, while Nebraska and Iowa clock in at 75% and 76%, respectively. As the recession deepens and home prices continue to slide, there are fewer and fewer places to hide...
...Baucus is also putting effort into building a working relationship with Iowa Senator Chuck Grassley, the ranking Republican on Finance. The two have had weekly lunches for years, he said, "almost to the point where, if you were a fly on the wall, you'd think it was one office." Although the lack of Republican support for the stimulus bill was widely seen as a bad omen for bipartisanship in the bigger endeavors ahead, Baucus said that Grassley has assured him that Republicans are anxious to work with Democrats on health-care reform. "The real effort is to keep this...