Take Out The Trash Day

Friday has traditionally been known as "take out the trash day" when it comes to bad news, the thinking being that since people pay less attention to news on Friday, it's a great day to dump all the real news and have it ignored by the general public, while still being able to say "we told them". So, in the spirit of delivering the goods, The Valley Report has hand-picked a few stories of note that have just come off the wires to grab your attention. To wit:

- Aegon, the insurance and retirement investment giant, is laying off 40 people in Louisville due to bad economic conditions. This news comes as the mayor continually cites health care as a growth opportunity in Louisville. It also proves my point to the mayor that as people lose jobs, they also lose health insurance. That makes his assertion on health care as a positive growth industry for Louisville a false one. The CJ has the article HERE.

- The Courier-Journal is also reporting on the infamous, Baltimore-based Cordish Co. today, saying in an article that the Fourth Street Live developer and Louisville land barons have abandoned a lease for 20,000 feet of space in the Starks Building that was supposed to house an expansion of the entertainment complex. The company was also $50,000 behind on rent payments.

- Does Metro Councilman and local historian Tom Owen read The Valley Report? He was quoted as saying, “Opinion Radio is not what we need in a time of emergency.”, echoing my sentiments exactly in his comments during a Transportation and Public Works Committee meeting while speaking on the city's storm response. My blog post on the subject can be seen HERE and HERE. Hat tip to The Ville Voice. And thanks to Councilman Owen.

So that is all ye know and all ye need to know. See you tomorrow, and thanks for making The Valley Report a part of your day.