October 26, 2009 by Stew Stryker
By CLARKE CANFIELD (AP) – 1 hour ago
PORTLAND, Maine — FairPoint Communications Inc. filed for Chapter 11 bankruptcy protection Monday barely 18 months after becoming northern New England’s dominant telecommunications company, fulfilling critics’ predictions that the company wasn’t up to the task.
The company said it voluntarily filed for bankruptcy after agreeing on a deal with key lenders that will help lower its debt by about 62 percent.
[snip]
Hauser said the bankruptcy filing will not affect the company’s day-to-day operations or its efforts to expand its high-speed Internet network in northern New England.
“From a customer point of view, this is a nonevent,” he said.
Complete article…
Emphasis added by me, portions of article snipped. Please follow the link for the full article. I’m just trying to notify folks quickly. I don’t know what it means in the long run but thought people should know. – Stew
Tags: Fairpoint
Posted in Blogroll | Leave a Comment »
October 20, 2009 by rudyh
Rutland Herald
http://www.rutlandherald.com/article/20091020/SPORTS/910200315/1007/SPORTS
Article published Oct 20, 2009
Shrine puts game back in Windsor
STAFF REPORT
WINDSOR — “The Board of Governors of the Shrine Maple Sugar Bowl, at its October meeting, voted to hold the 2010 football game at Windsor High School. It will be the second year in a row that Windsor will be the site for the event and the third time that the game has been played in Vermont. The 57th annual Shrine Maple Sugar Bowl will be played Aug. 7.”
“There were several other towns and schools that extended bids for the 2010 game and the Board of Governors indicated that the cost of putting on the game, while a factor, was not the deciding one. “The bids submitted by the other locations were all very close to Windsor’s” Board President David Lovell. said “What it came down to was location, community support and proven game attendance. Windsor had all three going for it.” Attendance at the 2009 game at Windsor High School was the best seen by the Shrine in five years. The crowd for the pregame parade was estimated to be the largest in over a decade. Donations from the Windsor business community and from the sale of souvenirs was well up over past years. “Altogether, Windsor has earned the right to host the 2010 game and we look forward to going back, Lovell said.” Windsor High School has a limited number of seats for football, but that will again be supplemented by portable bleachers rented from Dartmouth College. “
Posted in Blogroll | Leave a Comment »
September 16, 2009 by larrydougher
Hi Everyone – Below is a letter to the editor I wrote to the Valley News which is in today’s edition:
Watching President Obama’s speech last Wednesday to Congress I was struck by the President’s claim that “reducing the waste and inefficiency in Medicare and Medicaid will pay for most of this plan”. He believes he can find “hundreds of billions of dollars” of fraud and waste inside of Medicare. Am I the only one who sees the clear cognitive dissonance in the fact that the President says he will cut the waste, fraud, and abuse from one government program to pay for – wait for it – another brand new government program?!
Certainly any new government plan with a new government bureaucracy will have its own billions of dollar’s worth of waste, fraud, and abuse. I would not be surprised if the next suggestion for reform of a significant part of our economy from the President will be paid for by the waste, fraud, and abuse of the health care reform he is now proposing.
It seems to me that we can fix the problems in the health insurance industry well short of creating a massive, entrenched, new federal system. It is wrong that paying customers could be dropped or denied coverage for pre-existing conditions, and it should be outlawed. Also, let’s give tax credits to the uninsured so they can buy their own plan out of the 1,300 plans that already exist today across state lines, much like we do already with our car insurance. If the insurance industry does not play ball, then regulate them heavily, like utilities, to make them contribute to real reform.
What concerns me most is the government option along with a proposed fee to mandate insurance for employers and individuals. I could see why many businesses, especially small business, would rather pay the fee instead of continuing to pay for their employee’s health insurance premiums. This would lead to many more millions of Americans being forced into the government plan than the President and the Congress originally anticipated leading to unintended consequences, much higher deficits and national debt, and higher taxes to make up the difference.
Larry J. Dougher Jr
Windsor, VT
Posted in Blogroll, Government | 1 Comment »