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Lunch Links

A shot in the arm (economically speaking)

Nearly 70,000 people are expected to converge on the Queen City this weekend as the National Rifle Association begins its three-day stay in Charlotte. The Charlotte Observer reports both Gov. Bev Perdue and U.S. Sen. Richard Burr will be in attendance. And yes, you can even watch Sarah Palin’s address live on WRAL.com this afternoon around 2:45pm.

Regardless of your feelings about the organization, it’s good for the state’s economy. The convention is expected to pump $20 million into the Charlotte-area.

In the Triangle, the economy gets a boost this weekend with graduation ceremonies at NC State University and Duke University.

If at first you don’t succeed…

BP is trying yet another technique to end the oil spill in the Gulf of Mexico. But reports are emerging that the amount of oil that has already escaped is far larger than first thought.

National Public Radio had experts analyze a new video of oil flowing out of a pipe on the seafloor and they believe BP could be losing 70,000 barrels a day.

Meanwhile, the Republican governors of Mississippi and Louisiana are offering very different views about how damaging the oil spill is to our environment.

Taxing the Sin…and perhaps the Downward Facing Dog?

Several Senate committees were meeting this morning over at the NC General Assembly – no doubt working on how to close the budget gap and find additional revenue.

“Sin taxes” –on cigarettes and alcohol-  are often an easier sell with constituents in tough economic times. But in Washington, D.C., the city council is considering going after those who want to get in better shape. Council members are toying with a 6 to 8 percent sales tax on yoga classes and gym memberships. The Fiscal Times reports:

…. the average yogi is wealthier than the average American. A 2008 Yoga Journal study found that about 44 percent of yogis have incomes of more than $75,000 a year. Currently, the only other state or city in the U.S. that taxes yoga is Missouri, which approved a 4 percent sales tax in November 2009.

If they sell it, will someone buy?

The world-famous “Field of Dreams” is for sale. The asking price is $5.4 million for the 193-acre tract near Dyersville, Iowa. The sale includes the baseball diamond and farmhouse used in the 1989 movie, several farm buildings and two souvenir stands.


Knead a reason to start the weekend early?

And finally, today (May 14th) is National Buttermilk Biscuit Day. The one thing we can certainly all agree on is that Southerners love their biscuits!

If you’re feeling adventurous this weekend, roll-up your sleeves and try your hand at these chive and cheddar biscuits.

Enjoy your weekend!

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