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PROGRAMMING NOTE

The 2014 dawn of 'Politispeak' is nearly upon us

Updated: Thursday, April 17, 2014
The 2014 dawn of

KALAMAZOO, Mich. (NEWSCHANNEL 3) - Over the next two-and-a-half years, there will be two major elections in this country.

This fall we've got Governor's races, Congressional contests, local races and issues, and then in 2016, we pick a new president.

Tonight in Tom's Corner, our Tom Van Howe says it's an exciting period not only because we see who who manages to win, but because of all the new "political speak" that comes along with it.

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I know it's a little early--for me, anyway--to start talking election politics so early in the game.

But these days, even while still on the on-ramp, we've got be be paying attention to notice the newly invented cute  little words, phrases, and terms that are designed to  give new meanings to old political positions.

Here are some examples:

For those who advocate drilling for oil in never-touched areas of Alaska--no longer say "oil drilling," say "energy exploration." One term conjures up a messy, dirty, spill-plagued, and environmentally destructive undertaking. The other a calm, rational, lab coat-and clip board operation that keeps everything spiffy clean.

But they mean the same thing.

The law that got passed during President Obama's first term--one that Republicans have fought every step of the way--is called the Affordable Health Care Act. But detractors have come to call it "Obamacare," or a "government takeover." The pejorative does seem to work wonders.

My personal favorite? "Job creator." A term that came out of nowhere just a couple of years ago. You still hear it mostly on FOX News and from the likes of Limbaugh and Hannity. It refers to the rich and their corporations, who, of course, are people, too--who don't care so much about you as they do about their bottom lines.

So instead of referring to them as "soulless and greedy multinational giants," it gets softened by calling them "job creators."

Forget that they haven't been creating that many new jobs.  But  by calling them job creators, we place  them in league with philanthropists. How nice.

We soften the worries of "global warming" with "climate change."

For the record, all the examples used so far are from one guy: the super-smart Republican pollster and consultant Frank Luntz.

He writes 'em, they make a talking points list, and presto.

So now we're heading into a huge 30-month election and campaign period. More money will be spent for and against candidates and issues than ever before. And we are certain to hear and buzz words and phrases--all designed to confuse reality--along the way.

The key is to recognize them for what they are.

In fact, the whole process could become a parlor game, making up your own as time goes by.

Here are a few I came up with over the past couple of days:

When referring to women who still don't make as much money as men while doing the identical jobs...let's romanticize the struggle by calling them "workplace pioneers." Gives you kind of an easy, peaceful feeling.

To the fraction of one percent of us who will be spending untold sums of money on the coming elections, we could simply call them "free speech enablers." That way we won't be reminded that they can buy free speech  in ways we can't compete with.

And for those who continue waging war against "gay marriage" and "marriage equality," we can refer to them with a much more acceptable label of "gay agenda activists."

Instead of talking about the desperate avoidance of giant potholes, just call it "selective motoring."

It really doesn't take much to make something more negative or more positive. Give a try.

Send me your best, and we'll air the best of those right here, sometime in October.

Let's call it "Politispeak." Let the games begin.

In this corner...I'm Tom Van Howe.

Business News

Last Update on September 02, 2014 17:28 GMT

ECONOMY-MANUFACTURING

WASHINGTON (AP) -- U.S. manufacturing grew in August at the strongest pace in more than three years as factories cranked out more goods and new orders rose.

The Institute for Supply Management, a trade group of purchasing managers, says its manufacturing index rose to 59 from 57.1 in July. Anything above 50 signals that manufacturing is growing.

A gauge of production rose to the highest level in four years, and a measure of new orders jumped to its highest in 10 years. That suggests that the sector should continue to grow in the coming months.

CONSTRUCTION SPENDING

WASHINGTON (AP) -- U.S. construction spending staged a strong rebound in July, rising by the largest amount in more than two years. All major categories of construction showed gains in an encouraging sign that spending on building projects will help boost the economy in the second half of this year.

The Commerce Department says construction spending rose 1.8 percent in July, the biggest one-month gain since May 2012. It followed a 0.9 percent decline in June, the largest setback in a year. That decline had been blamed in part on soggy weather which depressed construction activity in many parts of the country.

The July rebound pushed total construction to a seasonally adjusted annual rate of $981.3 billion, the highest level since December 2008. Spending on housing, non-residential and government projects all increased.

HOME PRICES

WASHINGTON (AP) -- U.S. home prices rose in July but at a slower rate compared with earlier this year.

Real estate data provider CoreLogic says prices rose 7.4 percent in July from July 2013. That was slightly below June's year-over-year increase of 7.5 percent.

Prices rose 1.2 percent in July from June.

The smaller price gains should make homes more affordable and support sales. The average 30-year fixed mortgage rate was 4.1 percent last week, the lowest in a year. And the number of available homes rose 3.5 percent in July to the most in nearly two years. A greater supply tends to limit the bidding wars that inflate prices.

UKRAINE-ECONOMY

BRUSSELS (AP) -- The International Monetary Fund says Ukraine will need billions of dollars in additional support if the fighting between the military and Russian-backed separatists in the country's east persists.

In its first in-depth assessment since granting the country a $17 billion bailout program in March, the IMF said Tuesday "risks loom large" for the country's economy.

It says the bailout program already faces a $3.5-billion funding shortfall through 2015, with the economy forecast to shrink by 6.5 percent this year. Analysts say Ukraine's gross domestic product might tumble even more.

It says if the fighting in the eastern region -- representing about 16 percent of Ukraine's GDP -- were to persist through next year, Kiev would likely need additional support worth $19 billion only to shore up its central bank reserves.

NEW NATURAL GAS PIPELINE

NEW YORK (AP) -- Dominion Resources, Duke Energy and other partners have proposed building a $5 billion natural gas pipeline to connect the Southeast with the prodigious supplies of natural gas being produced in Pennsylvania, Ohio and West Virginia.

Gas is being relied upon to generate more of the nation's electricity in recent years because the enormous new domestic supplies have drastically lowered its price and it burns cleaner than the nation's other most important fuel for electric power, coal.

The 550-mile project will begin in Harrison County, West Virginia and stretch to Robeson County, North Carolina, in the southern part of the state.

The partners, which included Piedmont Natural Gas and AGL Resources, expect to receive regulatory approval by mid-2016 and to start operating the pipeline in 2018.

HALLIBURTON-SPILL SETTLEMENT

HOUSTON (AP) -- Halliburton says it has agreed to pay $1.1 billion to settle a substantial portion of plaintiff claims arising from the 2010 Gulf of Mexico oil spill.

The settlement, which is subject to court approval, will be paid into a trust until appeals are resolved over the next two years.

Halliburton was BP PLC's cement contractor on the drilling rig that exploded in the Gulf in April 2010, killing 11 workers and triggering the largest offshore oil spill in U.S. history.

The deal will settle claims assigned to Halliburton as a result of BP's settlement in 2012 and punitive damages from the loss of property or commercial fishing activity resulting from the oil spill.

DOLLAR GENERAL-FAMILY DOLLAR

GOODLETTSVILLE, Tenn. (AP) -- Dollar General is boosting its bid for rival Family Dollar to approximately $9.1 billion and says it's now willing to more than double the number of stores it would shed to avoid trouble with regulators.

The newest bid from Dollar General is worth $80 per share, up from $78.50. Dollar General's previous bid, worth nearly $9 billion, was rejected by Family Dollar in favor of an offer of about $8.5 billion from Dollar Tree Inc.

Dollar General Corp. says it will now divest 1,500 stores to steer clear of antitrust issues. It previously said it would divest up to 700 stores. The Goodlettsville, Tennessee company has also agreed to pay a $500 million reverse break-up fee to Family Dollar Stores Inc. if the deal runs into antitrust roadblocks.

COMPUWARE-TAKEOVER

UNDATED (AP) -- Private equity firm Thoma Bravo is spending about $2.5 billion to buy Compuware and take the software developer private.

The companies say Compuware stock owners will receive about $10.92 for each share they own. That price includes mostly cash and some stock from Compuware spin-off Covisint.

It represents a premium of about 17 percent to the Detroit company's Friday closing price.

Compuware says its board unanimously approved the deal and recommends shareholders vote for it as well. Activist investor Elliott Management has already agreed to vote in favor of the deal. Elliott holds more than a 9 percent stake in Compuware Corp. and tried to acquire the company last year.

Thoma Bravo and Compuware expect the deal to close early next year.

Shares of Compuware are soaring in morning trading.

NORWEGIAN CRUISE LINE-PRESTIGE-ACQUISITION

NEW YORK (AP) -- Norwegian Cruise Line is getting into the luxury cruise business by acquiring Prestige Cruises International in a deal worth about $3 billion.

Prestige operates high-end cruise lines Oceania Cruises and Regent Seven Seas Cruises.

Norwegian Cruise Line Holdings Ltd., based in Miami, values the deal at $3.025 billion, when debt is included. Its shares are up more than 10 percent today.

Prestige is owned by the private equity firm Apollo Global management LLC, which also owns a large stake in Norwegian.

The deal is expected to close in the fourth quarter.

1-800-FLOWERS-HARRY & DAVID

1-800-FLOWERS buying Harry & David for $142.5M

CARLE PLACE, N.Y. (AP) -- 1-800-FLOWERS.COM Inc. is buying Harry & David for $142.5 million to help broaden the assortment of foods that its customers can choose as gifts.

The deal includes Harry & David Holdings Inc.'s brands, websites, 47 retail stores, some plants, orchards and its headquarters in Medford, Oregon.

Harry & David's fruit, food and other gifts are housed under brands including Wolferman's, Cushman's and its namesake. Products include Royal Riviera pears, Wolferman's specialty English muffins and Cushman's HoneyBells citrus gifts.

1-800-FLOWERS' brands already include Fannie May, Cheryl's and The Popcorn Factory.

The transaction is expected to close in October.

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