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FRANKFORT, Ky. -- Republican Gov. Matt Bevin has opposed Kentucky teachers' rallies for pension protection and public education funding since they began, but never quite the way he did on Friday afternoon, when he told a gaggle of reporters that the strike would directly cause children to be injured, poisoned and sexually assaulted. "I guarantee you somewhere in Kentucky today a child was sexually assaulted that was left at home because there was nobody there to watch them," he said. "I guarantee you somewhere today, a child was physically harmed or ingested poison because they were home alone because a single parent didn't have enough money to take care of them."Bevin, who hours later would see his veto of an education-boosting?state budget overriden by state lawmakers, characterized the attitudes of striking teachers as cavalier and flippant about student safety. He asserted their failure to appear would especially endanger the children of single parents who could not afford to miss a day of work.Bevin added he had seen many around the capitol "hanging out, shoes off, hanging out, smoking, hanging out, leaving trash around (and) taking the day off."Friday's teacher rally did result in the closure of at least 30 Kentucky school districts, including Erlanger-Elsemere Schools and Bellevue Independent Schools. However, officials from both Erlanger-Elsemere and Bellevue said Bevin's proposed education cuts -- not the one-day absence of teachers -- would "severely reduce" services that provide forms of childcare before and after school, including kindergarten, preschool and tutoring."If you look back to the governor's original budget, our district would stand to lose million and overall, Northern Kentucky districts would lose about million," Melanie Gleason, a teacher at Erlanger-Elsemere's Tichenor Middle School, said Friday morning.Although the teachers succeeded in protecting pensions for current workers and pressuring legislators into overriding Bevin's veto, Kentucky teachers could still face problems in the future. The pension bill passed by the Kentucky legislature moves new hires onto a hybrid pension plan and would not protect them from future changes to the system.Similar protests have occurred across the nation, with teachers rallying in Oklahoma and Arizona over low funding and pay. The demonstrations were inspired by West Virginia teachers, whose nine-day walkout after many years without raises led to a 5 percent pay hike.WCPO attempted to contact Gov. Bevin's office for clarification Friday night. No one answered the phone; Bevin's voicemail box was full. 2646
Federal Reserve chairman Jerome Powell gave investors reason to cheer on Wednesday when he suggested that the Fed may slow down its interest rate hikes.The Dow surged on the news and closed up 600 points, or more than 2%, in midday trading. The S&P 500 and Nasdaq each rose about 2% as well.Powell reassured investors that the Fed wouldn't risk killing off economic growth by continuing to aggressively raise rates next year."Our gradual pace of raising interest rates has been an exercise in balancing risks," Powell said during a speech at the Economic Club of New York. "We know that moving too fast would risk shortening the expansion. We also know that moving too slowly -- keeping interest rates too low for too long -- could risk other distortions in the form of higher inflation."Powell noted that rates remain relatively low and that they are just below what many economists consider "neutral for the economy -- that is, neither speeding up nor slowing down growth."Investors seemed to interpret Powell's comments as a sign that the Fed, which is widely expected to raise rates again at a meeting next month, may now only hike rates once or maybe twice at most in 2019 as opposed to earlier forecasts of three or four hikes.The Dow's most cyclical stocks were among the biggest gainers. Shares of Boeing (BA), Caterpillar (CAT), Microsoft (MSFT) and Apple (AAPL) helping to lead the rally.In fact, only four Dow stocks -- Verizon (VZ), United Technologies (UTX), DowDupont (DWDP) and Procter & Gamble (PG) -- were trading lower Wednesday afternoon.Matthew Cheslock, a trader at Virtu Financial, told CNNMoney editor-at-large Richard Quest on "Markets Now" Wednesday that the market interpreted Powell's comments as meaning that we are "closer to normal rates. I think that was what really sparked the market to go higher."Cheslock added that some of Powell's remarks about the market not being in a bubble were reassuring as well.Powell's comments may assuage concerns about the Fed possibly going too far with rate increases, a criticism leveled by President Donald Trump.But Tobias Levkovich, Citigroup chief US equity strategist, told Quest that the market may be overreacting."I'm not dancing or partying right at the moment," he said, adding that the Fed has talked about gradual rate hikes "for a very long time." "Maybe [the markets] were just worried it would be worse," Levkovich said.To that end, Trump, who chose Powell to replace former Fed chief Janet Yellen, has often bashed him and the Fed on Twitter and in interviews for the rate hikes.In fact, Trump attacked Powell again in a Washington Post interview Tuesday, saying he was "not even a little bit happy" with Powell and that the Fed was making a mistake with so many rate hikes.Trump even added that sometimes decisions he makes with his "gut" matter more than what other people's brains tell him.Whether or not investors were using their guts or brains when deciding to jump back into stocks Wednesday remains to be seen. But it's clear that the bulls were back in charge on Wednesday."Markets Now" streams live from the New York Stock Exchange every Wednesday at 12:45 p.m. ET. Hosted by Quest and CNNMoney's business correspondents, the 15-minute program features incisive commentary from experts.You can watch "Markets Now" at CNNMoney.com/MarketsNow from your desk or on your phone or tablet. If you can't catch the show live, check out highlights online and through the Markets Now newsletter, delivered to your inbox every afternoon.The-CNN-Wire 3545
Former Republican vice presidential nominee Sarah Palin admitted Friday that it hurt "a bit" to hear Sen. John McCain say he wished he picked Connecticut Sen. Joe Lieberman as his running mate in 2008."I don't lie, so I'll tell you -- a bit. You know, I think I described it earlier as a gut punch," Palin told NBC News in an interview Friday. "But again, I'm going to choose to look back on the good times that we did have together."In his forthcoming memoir, "The Restless Wave," and in a separate documentary, the Arizona Republican said he regrets not choosing Lieberman, a Democrat-turned-independent senator, calling it "another mistake that I made," The New York Times reported. Palin, the former Alaska GOP governor, was ultimately on the 2008 ticket with McCain.Palin's supporters have jumped on McCain's remarks and implied they mean he regrets choosing Palin as his running mate.Palin told NBC News that she hopes McCain, who is battling brain cancer, finds some "positive aspect in decisions that he's made in the past -- even about that campaign.""It is kind of sad to hear that he and or someone speaking for him does have regrets," Palin said. "And I hope that he finds that kind of peace and contentment also to be able to look back on decisions and realize, really, things work out the way that they're supposed to work out."She called McCain a "friend" and said she will "never disparage someone who has served our country and made a lot of sacrifices as a vet.""I always had a lot of respect for his maverick nature," Palin said. "He going rogue -- wish he would have been kind of going rogue more on the common-sense conservative side of some issues. No, I certainly have respect for many of the things that he's accomplished."Palin told The Daily Mail in an interview published Thursday that hearing McCain's admission that he regrets not choosing Lieberman is "like a perpetual gut-punch," but she attributes "a lot of what we're hearing and reading regarding McCain's statements to his ghostwriter or ghostwriters."The-CNN-Wire 2058
FLAGSTAFF, Ariz. (AP) -- Police in Flagstaff say a group of teens killed a 23-year-old man after he allegedly inappropriately touched one of the girls involved in the killing.Flagstaff police said on Friday that Jaron James was found dead on Sept. 7 and that four teens, including two who are underage, have been arrested.Police say James was killed at a motel and that the suspects knew him. They say the group attacked James after he touched one of the suspects, a 16-year-old girl from Flagstaff.Eighteen-year-old Lawrence Sampson-Kahn and 19-year-old Kayson Russell are among the four arrested. The Associated Press does not typically identify underage crime suspects. 686
For too long, I’ve remained silent as the media has attacked me for my Christian beliefs, which are shared by the majority of Americans Let me clear: Gay marriage isn’t marriage Men aren’t women US-funded Tunisian LGBT soap operas aren’t America First— Merritt Corrigan (@MerrittCorrigan) August 3, 2020 311