Noontime News is a snapshot of our RSS feeds from the noon (Eastern time) hour.

Political Gridlock Rises, And The Debt Ceiling Doesn’t

“Why Democrats charge Republicans with wanting the economy to fail, why President Obama is running out of options, and an economist who says voters — not just politicians — bear the blame.”

Read More: How The Debt Debate Might Play Out: Mark Zandi

VIDEO: Constituents Confront Rep. Charlie Dent (R-PA) For Holding Debt Negotiations Hostage Over Tax Cuts For Rich

“At a recent town hall meeting, Rep. Charlie Dent (R-PA) spoke to constituents about a host of issues. Many in the audience expressed their frustration that Dent and his party are holding the nation’s economy hostage over tax cuts for the very wealthy.

At one point during the meeting, several constituents challenged Dent to explain why he won’t budge on raising taxes for the wealthy back to Clinton-era levels, while Democrats have made trillions in concessions on vital programs.”

PA Gov. Corbett Slashes Education and Health Care, Refuses To Tax Natural Gas Drilling

“Pennsylvania Gov. Tom Corbett (R) signed a disastrous state budget last night that favors the natural gas industry at the expense of the state’s children and least fortunate citizens. The $27.15 billion budget does not raise taxes, but cuts health care for more than 100,000 of the state’s poorest residents. It did this by slashing Medicaid contributions by $280 million, which will result in a $425 million loss in matching federal funds. State universities and community colleges have announced the largest tuition hikes in state history as education funding took a heavy, $863-million hit.”

Read More: Layoffs Loom After Conn. Workers’ ‘No’ Vote

Minnesota Shutdown Hits Vulnerable First

“Minnesota’s second shutdown in six years took state parks and rest stops offline, closed horse tracks and made it impossible to get a fishing license. That’s a headache for many this holiday weekend, but a real hardship for others — some of whom can’t hold on for long.”

Read More: BPI Campus covers the Minnesota Showdown

Shell Game: 2,000 Firms Based In One Simple House

“There’s an address in Cheyenne, Wyo. — 2710 Thomes Ave. — where 2,000 companies are based. But it’s not a skyscraper. Or even an office complex.

It’s a basic, 1,700-square-foot brick house.

And it’s the subject of an investigative report by Reuters called “A Little House of Secrets on the Great Plains.”

GOP 2012 Presidential Candidates
Bachmann Fails Economics 101: ‘A Dollar In 2011 Should Be The Same As A Dollar In 1911′
Perry’s red-meat Texas agenda boosts a possible race for president

Cost Of Georgia’s Immigration Laws Passed To Farms

“A handful of states are set to enact tough immigration laws, similar to Arizona’s controversial legislation. In Georgia, a crackdown on illegal immigrants has resulted in a severe shortage of farm labor. Host Scott Simon talks with Bryan Tolar, president of the Georgia Agribusiness Council.”

Read More: Thousands Rally In Atlanta Against Immigration Law
Read More: Immigrant hangs hopes on ‘Dream Team’ to avoid deportation

Thaksin party wins Thai election by a landslide: polls

“BANGKOK (Reuters) – The sister of former Thai prime minister Thaksin Shinawatra led her party in a landslide election win on Sunday, exit polls showed, a victory for red-shirt protesters who clashed with the army last year.”

Global economic recovery slips into lower gear as industrial activity dips

“Slowdown in industrial activity poses a dilemma for central bankers poised to raise interest rates to curb inflation “

Ratings agencies could wreck Greek rescue by declaring it a default

“Markets braced for renewed turmoil amid growing doubts about bailout as Europe’s insurers assess exposure of up to €15bn of losses from Greek crisis “

Good News: Illinois’ Death Row Shuts Down

“After spending years at the center of heated national debate over capital punishment, Illinois’ death row officially died Friday when a state law abolishing the death penalty quietly took effect.”

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