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The Assembly voted unanimously today to cap tax assessments on agricultural land at 2% increases per year. The bill now goes before Governor Andrew Cuomo for his signature. Because farmland is valued by the crops it can produce, and the price of...
Hello! New York State Comptroller Tom DiNapoli is in Watertown today, and as part of his visit (his office is also hosting a conference on leadership in local government) he’s released a new report on that city’s financial...
New York’s Comptroller, Thomas DiNapoli, will be in Watertown tomorrow to release a new report on Watertown’s fiscal health. He’ll release the report as part of a conference, the “Local Government Leadership Institute,”...


Jun 18, 2013 — Amazon ends the contracts of people and businesses that are paid for sending customers to the retailer. The company has taken similar steps in other states that have passed laws like Minnesota's new sales tax legislation.
Jun 18, 2013 — When we get free perks we didn't earn, negative feelings can result, according to researchers. Part of the problem? Fellow customers. It helps if they're not around, a new study says.
Jun 18, 2013 — Six former employees and one contractor say Bank of America's mortgage servicing unit consistently lied to homeowners, fraudulently denied loan modifications and offered bonuses to staff for intentionally pushing people into foreclosure, according to a Salon.com report.

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Toto and Oz
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Grindstone Financial
The Artful Blogger grew up in Lafargeville, made his bones on Wall Street, and returned to the North Country in 2003, settling in Clayton to raise his family and dabble in the markets.
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Senate Considers Acid Rain Legislation

The Adirondack Council will testify today before a U.S. Senate panel considering acid rain legislation introduced at the request of President Bush as his "Clear Skies Initiative". The Adirondack Council says the proposed emissions cuts would be sufficient to stop acid rain by the end of the decade. Martha Foley talks with Adirondack Council spokesman John Sheehan about the "Clear Skies" testimony and about a controversial land deal pending in St. Lawrence County.  Go to full article

Governor Warns Clock Ticking on State Budget

Governor Pataki threatened to run the state on emergency spending measures for the next several months if the legislature does not agree to a new state budget that spends within the Governor's limits. Karen Dewitt reports.  Go to full article

Budget Talks Continue in Albany

Governor Pataki and the New York State legislature ended the week with little progress on a state budget that's late for the 19th year in a row. In fact, discussions over a borrowing plan to help bail the state out of a nearly $12 billion deficit seemed to be sliding backward. Karen Dewitt reports.  Go to full article

NY Medicaid Cuts "Threaten" Nursing Homes: Some May Close

Faced with a massive budget deficit, Governor George Pataki wants to cut hundreds of millions of dollars from the state Medicaid program. Nursing homes in the north country...  Go to full article

Commentary: Tax Cuts and Hope

In Washington, lawmakers continue to wrangle over President Bush's proposed $726 billion in tax cuts. The senate voted to support half that amount as the country is at war...  Go to full article

NASCAR Track Plans Motor Ahead

One of the least populated towns in St. Lawrence County may soon hear the roar of NASCAR races and the cheers of 100,000 fans. Developers are forging ahead on plans for a...  Go to full article

Health Care Workers Rally in Albany

In what may be the largest demonstration ever in Albany over the state budget, at least 25,000 health care workers converged on the Capitol to rally for restoration of $2...  Go to full article

Canada?s Ambassador: A ?Squall? Hits US-Canada Relations

Canada's ambassador to the U-S says "emotional" times have strained relations between the two countries. Speaking Monday at Plattsburgh State University, Ambassador Michael...  Go to full article

Alcoa Talks Continue

State officials will resume talks next week with aluminum giant Alcoa about the future of the company's two plants in Massena. One of them nearly closed last December. 110...  Go to full article

Businesses Worry About Lawmakers Closing Corporate Tax Loopholes

Businesses in New York are worried that the state legislature will make them pay for eduation and health care restorations, by closing off some corporate tax loopholes. ...  Go to full article

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