The Herald, Sharon, Pa.

Local News

September 22, 2008

English, Dahlkemper spar over blame for bailout

MERCER COUNTY — With Wall Street in meltdown mode, U.S. Rep. Phil English has agreed that the $700 billion bailout package for major financial institutions buried under a mountain of bad mortgage debt is crucial.

“On the general bailout, I think it’s imperative that we pass a rescue bill now,” said English, Erie, R-3rd District.

His Democratic opponent, Kathy Dahlkemper, was singing a similar tune but also calling English and Washington Republicans responsible for the mortgage market problems at the root of the financial turmoil.

Mrs. Dahlkemper, also of Erie, accused English and Republicans of causing the crisis by deregulating the mortgage industry. English pinned its cause on poor performance by government oversight agencies and a bipartisan failure of Congress to boost the oversight of the mortgage businesss that went sour.

Mrs. Dahlkemper — a small business owner — called the bailout a necessary evil, and said she also supports a string of Democratic amendments offered so far that would bring some of the relief to Main Street.

English said he supports some of those amendments, which include a cap on payouts to the executives presiding over failing financial institutions and more government scrutiny of the bailout money to prevent abuses.

Democrats are also pushing for a change that would permit judges to adjust the mortgages of some homeowners in danger of losing their homes. Mrs. Dahlkemper also supports that measure, but English was more hesitant.

He said that Congress has passed a real estate market-related bill already. “We need to measure anything else we add . . . against the fact that we’ve already passed a (real estate) bill.”

English added that any vote he makes will depend on how the bill looks when it hits the House floor. Mrs. Dahlkemper said her opinions are only based on what’s been reported on the potential bill and amendments so far.

Text Only
Local News
  • Prison term upheld for sex offender

    A sex offender challenging a 4- to 8-year prison sentence for a probation violation lost an appeal of that sentence.

    April 23, 2014

  • Man, 24, must register as sex offender for life

    The Ohio man who exposed himself to Sharon girls on their way to school last fall must register as a sexual offender for the rest of his life when he gets out of jail.

    April 23, 2014

  • Man deemed predator – for now

    A former Sharon man was sent to the state prison system Tuesday for corrupting the morals of a teenage girl, but the question of whether his penalties under Megan’s Law will stand could be subject to future legal proceedings.

    April 23, 2014

  • Not even waste will be wasted

    Tom Darby admits he wishes the startup of the anaerobic digestion process at the Hermitage Water Pollution Control Plant had moved along much faster.

    April 23, 2014

  • 3rd Earth Fest draws families to Penn State

    Penn State Shenango’s Earth Fest has become a spring tradition for area residents.
    Families poured into downtown Sharon for the campus’ third annual sustainability celebration.

    April 22, 2014

  • Amish clean Shenango River Volunteers protect Shenango River

    Shenango River Watchers has spent more than a decade working to clean up the Shenango and improve recreational access to its water and banks.

    April 22, 2014 1 Photo

  • For many, recycling’s become way of life

    When Pennsylvania mandated curbside recycling for its larger municipalities in 1998 – those with more than 5,000 people – there was grumbling about government interference in the lives of everyday people.

    April 22, 2014

  • Many items can’t be thrown away

    The computer screen in front of you isn’t likely to do you much harm, at least not until it’s tossed in a landfill where the lead-filled components start to leak and eventually find their way into your drinking water, according to Jerry Zona, director of the Lawrence-Mercer County Recycling/Solid Waste department.

    April 22, 2014

  • David Sykes' solar panels Earthworks

    While touring Germany last year, David Sykes spotted solar panels resting in a residential back yard.

    April 22, 2014 1 Photo

  • Burned using Icy Hot, woman claims

    A Grove City woman has sued Chattem Inc. and Rite Aid of Pennsylvania Inc., alleging she suffered a second-degree chemical burn using one of Chattem’s Icy Hot pain relief products.

    April 21, 2014

  • Family outing Family friendly

    “We’re No. 5’’ isn’t a sports cheer you’ll hear any time soon.
    But considering the lumps the greater area has gotten over the years on economic rankings, it’s an outright victory.

    April 21, 2014 1 Photo

  • To demolish or not Tear it down? Fix it up?

    In 2007, Richard D. Givens bought a home at 831 Knobwood Drive in Hermitage for $245,000.
    Today, the city of Hermitage is seeking the demolition of the now-vacant house, arguing the damage from water infiltration makes the structure not worth saving.

    April 20, 2014 1 Photo

  • News briefs from April 19, 2014

    April 19, 2014

  • Man admits having child porn

    A Mercer man accused of soliciting and downloading photographs of nude teenage girls pleaded guilty April 8 to sexual abuse of children for possessing child pornography.

    April 19, 2014

  • Police getting new tool to fight crime

    Sharon police working at crime scenes will be putting a powerful new investigative tool to work as soon as next month.

    April 19, 2014