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Government Policy and Law

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FHA defends ‘dual-track’ mortgage system

The regulator for Fannie Mae and Freddie Mac on Tuesday said lenders should continue pursuing foreclosures on individual borrowers even while trying to rework loan terms, despite calls from lawmakers and state investigators to end …

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Obama proposes pay freeze for federal workers

President Barack Obama proposed a two-year freeze on the pay of federal workers on Monday.

The White House estimates that the pay freeze would save about $2 billion in the current fiscal year, and $28 …

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Durham named to head economic development position

Gov.-elect Terry Branstad named Debi Durham as head of economic development during a news conference today.

Durham currently heads the Siouxland Chamber of Commerce and in Sioux City, and was a Republican nominee for lieutenant …

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Farrell’s no longer exercised by fitness competitor

Farrell’s eXtreme Bodyshaping Inc. has dropped a federal trademark infringement lawsuit against the owners of the Kosama fitness centers.

The lawsuit alleged that Kosama directed viewers to its websites by using Internet search keywords associated …

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Partnership to release its legislative agenda

The Greater Des Moines Partnership will unveil its 2011 state legislative agenda at a luncheon from 11:30 a.m. to 1 p.m. Dec. 8 at the Renaissance Savery Hotel. Democratic and Republican legislative leaders will provide …

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New meters slash city’s replacement costs


A new type of parking meter could save Des Moines money by replacing old meters.

The city began installation of more than 30 “double space” parking meters in the last two weeks on High Street, …

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Across the country, more states are yelling ‘cut!’


Iowa ran into expensive and embarrassing problems in its efforts to support movie production, but it isn’t alone – other states also have seen the glamour fall away.

Incentives for Hollywood have been scaled back …

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It’s no time for raising state pay


Are we trying to cut the state budget or not? Gov. Chet Culver’s decision to go ahead and approve $100 million in pay increases to state employees might mollify union members and keep them in …

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Disaster recovery task force makes recommendations


How can state government better assist businesses following a natural disaster? Last week a task force addressing that topic issued its recommendations to the Rebuild Iowa Coordinating Council.

Among the recommendations of the Business Disaster …

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IDED awards benefit local companies

Gov. Chet Culver announced yesterday that 17 companies plan to add a total of 300 new jobs across Iowa after receiving awards from the Iowa Department of Economic Development. Four Greater Des Moines companies — …