Money in a Minute: Headlines for Feb. 18, 2011

In today's roundup: Sarah Palin says a government shutdown might be a good idea, state government workers protest to keep their pay, one in 10 U.S. Internet users are missing out, home prices are more affordable than ever, and Honda issues a massive recall.

Money in a Minute: Headlines for Feb. 18, 2011

POLITICS: Palin: America ‘on a road to ruin’

Sarah Palin seemed to support a federal government shutdown during a luncheon in New York. “Let it be for a week or two,” Palin was quoted in USA Today. That would send a message “to our politicians who are so tone deaf to what the people of America are saying.”

GOVERNMENT WORKERS: Public employee protests spread from Wisconsin to Ohio

Government employees have started picketing against efforts to cut their pay. “Demonstrations against bills to restrict public employees’ collective-bargaining rights spilled from Wisconsin into Ohio in what union leaders said was becoming a national fight,” Bloomberg reports. One Ohio protest brought out 3,800 people.

TECH: Broadband map shows up to 10 percent in U.S. lack good Internet

While 68 percent of Americans subscribe to broadband, one in 10 have such shoddy connections they can’t watch online video or, in some cases, view photos. In addition, “two thirds of schools have broadband connections that are too slow to meet their needs,” reports USA Today.

HOMES: Most (and least) affordable cities to buy a house

CNN crunched some numbers and learned a startling fact: “Home affordability hit a record high in the last quarter of 2010.” Most affordable place to buy? Indianapolis. Least? New York.

CARS: Honda recalling nearly 700,000 vehicles worldwide

An international recall affects 122,000 Honda compacts in the United States. The problem is “a defective spring part that may cause the engine to stall,” MSNBC reports. Thankfully, “no accidents have been reported related to the problem.”

Michael Koretzky
Michael Koretzky @koretzky
Journalism is a profession of highs and lows. I've covered the 1988 Democratic and Republican national conventions, two space shuttle launches and one landing, and a jazz festival in Istanbul. Then again, ... More


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