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The Daily News from Huntingdon, Pennsylvania • Page 7

Publication:
The Daily Newsi
Location:
Huntingdon, Pennsylvania
Issue Date:
Page:
7
Extracted Article Text (OCR)

THE DAILY NEWS, HUNTINGDON, PA. WEDNESDAY, JULY 29, 2009 Real Estate Obama putting more emphasis on restraint Transfers July 10,2009 Matthew A. Eriksen and Michele D. Eriksen, grantors, to Matthew A. Eriksen and Michele D.

Eriksen, property in Henderson Township, $1. John C. Stevens and Lori L. Stevens, grantors, to Christopher J. Rice, property in Huntingdon Borough, $133,200.

Dorothy M. Miller Estate, Margaret A. Thompson, istratrix, Margaret A. Thompson, David Lee Thomas Estate, David L. Thomas Estate, Frances J.

Thomas, executrix, and Frances J. Thomas, grantors, to Rocky Top Enterprises, LLC, property in Warriors Mark Township, $402,000. Robert D. Sipes and Janet L. Sipes, grantors, to Robert D.

Sipes, Janet L. Sipes, Phillip D. Sipes and Douglas Allen Sipes, property in Lincoln Township, $1. Bridlewood Homes, LLC, grantors, to Maheshwor Kafle and Priyanka Sherchan, property in Walker Township, $260,000. July 13,2009 Richard P.

Gallagher and Deborah L. Gallagher, grantors, to Richard W. Himelein and Elizabeth Ann Himelein, property in Penn Township, $47,500. Richard W. Anderson Sr.

and Elizabeth P. Anderson, grantors, to Sean McKenzie and Corissa By TOM RAUM Associated Press Writer WASHINGTON (AP) At a critical moment in his presidency, Barack Obama finds increasing need to talk about taming federal deficits as he struggles with a dour economy. It's not just that Republicans are keeping up a relentless and punishing attack on his health care overhaul and other spending priorities. It's also that Americans are losing confidence in Obama's ability to lead an economic recovery. Increasingly, they are worried about their jobs and the impact of the nation's mushrooming debt on future generations.

An Associated Press-GfK Poll shows public confidence has reversed on whether the president's $787 billion stimulus package, passed by Congress in February, will ly work to improve the economy. In January, 58 percent were confident it would. Now, it's the opposite, with 58 percent saying they doubt the stimulus will bring any significant improvement. Forty-seven percent still think it's too early to pass final judgment on whether the plan is working. But of those who say they are decided, three times as many say the stimulus has harmed the economy than those who say it has helped.

Other polls have shown similar slippage on Obama's economic stewardship, although his overall approval rating remains solid 55 percent in the AP-Gfk poll conducted July 16-20. Still, that's down nine points from April. In contrast to the increasing public gloom, many economists see fledgling signs of an economic recovery and expect the recession to end late this year. But economists also know that, historically, job losses nearly always continue long after a recession has officially ended. The darkening mood comes as Obama tries to rally public support for overhauling the nation's health care system, his top legislative priority, but one expected to cost about $1 trillion over 10 years.

His mission is to convince the public and Congress that his health care plan will benefit Americans as well as strengthen the economy in the long run. It's been a hard sell. Fiscally conservative Democrats are skeptical. And Republicans have seized on the change in public sentiment to pound Obama for failing to create or save the jobs he promised Benedict, property in Miller Township, $118,500. Margaret J.

Cornelius, grantor, to Walter H. Cornelius Jr. and Brenda Cornelius, property in Hopewell Township, $1. July 14, 2009 James Hampton and James L. Hampton, grantors, to Christine Hampton, property in Dublin Township, $1.

Matthew E. Guisler and Jennifer D. Guisler, grantors, to Connie S. Dean, property in Smithfield Township, $83,000. Charies E.

Defibaugh, Alesha S. Defibaugh aka Alesha S. 211S. 10th Street 214 S. Jefferson St Smithfielil Huntingdon 643-2751 Hon.Twt,llllMLTliirt7un.-6(A Sn -9UB.

Mount Union 542-4481 SttSta-Ziut WEcnnn Both Locations Accept EBT Cards Most Mtflor Creiit Cards Hunlingdjon Counlir Fair Tickeli On Sale Qoneless Pork Loins 1.99 lb. Fresh Beel Liver Skinned Deviened I 75 Id. Country Scrappii 1.89 lb Our Own Fresh Buik Sausagel 1.79 lb. DELI SPECIALS American Cheese i 2.99 Id Caroihiacookea Turkeyi Breasr 4.99 lb FROZEN SPECIAL Own Belly Buster Chopped! Beef Steak 4lli.pKii.8|ierpK. 1 pkii.

Claycomb and Alesha S. Claycomb aka Alesha S. Defibaugh, grantors, to Randolph S. Hess and Bethany D. Hess, property in Wood Township, $1.

RTP, LLC, grantor, to Donald L. Rockwell and Linda F. Rockwell, property in Union Township, $39,600. Joann C. Calkins, Joan C.

Calkins, Samuel Calkins, Paul V. McGarvey and Paul McGarvey, grantors, to Edward P. McGarvey, property in Shirleysburg Borough, $1. Thomas John Bruno and Susan Weller Bruno, grantors, to Thomas J. Bruno Trust, Susan W.

Trust- Thomas J. Bruno, Trust-Susan W. Bruno, Thomas J. Bruno, trustee, and Susan W. Bruno, trustee, property in Marklesburg Borough, $1.

Donald L. Hicks and Ann L. Hicks, grantors, to Joshua D. Hicks, property in Huntingdon Borough, $75,700. Bemadine A.

Guyer, grantor, to Barry Lee Guyer, property in Jackson Township, $1. July 15,2009 William E. Lang Estate, Randall E. Lang, executor, and Michael William Lang, executor, grantors, to Randall E. Lang, Carole T.

Lang and Michael William Lang, property in Walker Township, $1. First National Bank of Pennsylvania, grantor, to Karen G. Weimer, property, in Porter Township, $65,000. Charles R. Bard Estate and Donna K.

Bard, executor, grantors, to Donna K. Bard, property in Mapleton Borough, $1. BUY A QUADRA-FIRE WOOD OR PELLET FIREPLACE, INSERT OR STOVE AND GET A GIFT CERTIFICATE $100 with purchase up to $2,500. $200 with purchase over $2,500, See your salesperson for details. NOTHING BUIIN8 tlKE QUAD FIREPLACE CREATIONS 833 Broad Street Duncansville, PA 814-695-4627 tmxam mM MHW M) IS ltd SolMlw In (III in ind wly.

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AUM l-ll ItM MU il pwthiii tvtWMK IglMlmnt. CMIAcili MMuMt ally tn tmm In penw II tn taltiillM STill dulK, No Snw Mtttutt tMpiilai i CwtlllalH Ml ladHMd an tr talm hwan 31, MIO nw will lail vM. OHM not niMM initltinto) HMilli I Hunt TKlmitiln IK Itt CMPinln. divltlm while greatly overburdening the federal budget. South Carolina Republican Sen.

Jim DeMint has predicted the health care legislation could be Obama's "Waterloo moment" and could break his presidency a remark Obama now cites as the kind of partisan politics-as- usual in Washington he is seeking to end, "I think the Republican attack on the deficit is succeeding because it's real," said Rob Shapiro, a former economic adviser to President Bill Clinton, and chairman of Sonecon, an economic-consulting firm. Obama is factual in saying he inherited a trillion-dollar-plus deficit from predecessor George W. Bush, "but he made it worse," Shapiro said. The deficit in the current budget year is now estimated to come in at more than $1.8 trillion, pushed higher by the stimulus spending, bailouts and increasing war costs. Shapiro said he believes White House officials are taking the GOP attacks very seriously.

"They're also concenied about long-term deficits and the impact they could have on the economy and on the ability to act two, three years down the road which of course is moving up to the re-election season," he said. Obama clearly has been putting more emphasis on the importance of getting spending under control even as he tries to prod a recovery. "We have to do what businesses and families do. We've got to cut out the things we don't need to pay for the things we do," Obama said at a town- hall style meeting Thursday in Shaker Heights, Ohio, a suburb of Cleveland. The meeting lowed a prime-lime news conference the nighl before in which Obama sought to rally public support for his health plan.

The AP-Gfk poll showed that 61 percent of those surveyed oppose any additional stimulus package. Nearly half, 49 percent, now say Obama is trying to change things too quickly, up from 32 percent in April. And 80 percent are worried that increasing federal debt will harm the future of their children and grandchildren. The national debt the total of accumulated annual deficits is currently $11.6 trillion. Democratic pollster Mark Mellman said "there's no question that, over time, the chief executive pays a price if things aren't going well in the economy." While Obama's overall approval rating is still strong, "the fact that it's declined makes it a little harder for him to wield the same kind of threat over Congress as he might have some months ago," Mellman said.

Some economists warn that this recession is so deep, it may take much longer than in the past for a rebound even after some economic growth resumes. Job losses have now wiped out all the job gains since the last in 2001, the first time that has happened since the 1930s. Heidi Shierholz, an economist at the Economic Policy Center, a labor-funded think tank, noted that the jobless rate continued to rise for 19 months after the 2001 recession was declared over. "If the unemployment rate is still increasing, people are not going to feel good," Shierholz said. Tired Of Rising Cable Rates? ClldnnelS FOr SWITCH TO DISH NETWORK a month! for 6 months Call Us Today! WESTERN AUTO Downtown Huntingdon I AUTHORIZED RETAIIER niler expires 'l.

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About The Daily News Archive

Pages Available:
106,750
Years Available:
1899-2009