Wednesday was a difficult day for The American Independent News Network, which is the larger entity that operates The Iowa Independent. Our chief executive and founder announced two of our sister sites would close and their content would be moved to The American Independent.
A recently introduced bill could have far-reaching impact on the U.S. sugar industry, including American Crystal Sugar, a farmer-owned cooperative that locked out 1,300 Midwest workers on Aug. 1.
The chairman for Herman Cain’s Iowa effort says the campaign “relied more on the word of farmers than Washington regulators” in deciding to run an ad containing claims the Environmental Protection Agency says are false.
The Iowa Senate will remain under the control of a slim 26-25 Democratic majority when it reconvenes in January 2012.
Barack Obama is maintaining his lead over Hillary Clinton in Iowa Electronic Market (IEM) trading on the eve of the Pennsylvania Democratic primary.
As of 9:00 Monday morning, Obama shares were trading at 75 cents, meaning traders give the Illinois senator a 75 percent chance of becoming the Democratic nominee. Clinton shares were going for 21 cents. Obama has held the lead since Super Tuesday on Feb. 5.
In the University of Iowa business school project, traders buy and sell contracts on political candidates using their own, real money. Nomination markets are winner-take-all; winning shares pay a dollar and losing shares are worthless.
The winner-take-all general election market has the Democratic nominee, once there is one, leading presumptive Republican nominee John McCain, 54 cents to 45.5 cents.
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