From Jan. 1 to April 30 of this year, nearly $7 million was spent lobbying Kentucky's lawmakers, according to the Kentucky Legislative Ethics Commission. In its monthly report, "Ethics Reporter," KLEC reports more than $6.1 million was spent as compensation to 630 lobbyists during the first four months of 2011. Reports filed by employers and legislative agents are compiled at the Legislative Ethics Commission’s website at: http://klec.ky.gov/reports/employersagents.htm.
U.S. home prices fell to new, post-bubble lows in March, according to the latest Case-Shiller home price numbers. And with the wave of foreclosures continuing, it's hard to see an end to the housing bust.
Foreclosures and short sales are a key driver of falling home prices. They contribute to the glut of houses on the market, and tend to sell at discounted prices.