May 14th, 2012
Here’s what you need to know about the controversial Volcker rule and the $2 billion or more dollars that JPMorgan Bank lost recently on a bad bet: the Volcker Rule and proposed regulations as now written may not have prevented the risky gamble and its potential impact on the rest of the industry.
BRISTOL — On May 2, the Bristol Police Department received a report of possible drug activity at a North Street residence. Officers followed up and found there was a high level of traffic going in and out of the apartment.
After obtaining a warrant, police on May 3 went into the dwelling of Winthrop Thompson, 46, and say they found marijuana and a collection of pills. They cited Winthrop and Donald Grace, 50, of Bristol — who the police said was living with Winthrop — with possession of marijuana and a regulated drug.
ADDISON COUNTY — Local lawmakers hailed the 2012 legislative session as one of the most productive in recent memory, producing what they said were some major advances in fortifying the state’s roads and bridges, devising a new search-and-rescue policy and advancing health care reform.
BRISTOL — How do you get a group of teens to discuss and learn about the socially taboo and awkward topic of sex?
Give them $100.
That’s the strategy Jim Lockridge, director of The Hub teen center, and Ryan Krushenick, program coordinator at the Bristol center, are taking to engage young adults in a federally funded sex education program. To encourage local teens to participate in the course, which begins Monday, May 14, at The Hub, Lockridge and Krushenick are earmarking for participants one-third of the $300-per-person funding provided by the feds.
MIDDLEBURY — Gov. Peter Shumlin on Tuesday commended the 2012 Legislature for adopting initiatives he said place the state on a firm foundation for job creation, fiscal solvency and sustainable health care costs — in spite of the crippling effects of Tropical Storm Irene.
VERGENNES — Aldermen moved closer on Tuesday to creating a final policy that will establish a three-member committee to handle, on a year-round basis, applications for displays on the city green — including the popular, decades-old Christian nativity scene.
The committee that is called for in that policy — a final draft of which remains to be written and approved — will consist of City Clerk Joan Devine and one member each of the city’s planning commission and recreation committee.
MIDDLEBURY — Picture this: 12- and 13-year-old boys heading into the Catskill Mountains to tend a fire alone for 24 hours.
It might sound like a rite of passage from an earlier age, a challenge set for boys who might one day live on the animals they trapped or the edible plants they gathered.
This scene, though, takes place in August of 2009 and forms the central narrative of Peter Ferland’s documentary “Tending Fires,” which he will screen at Bridge School in Middlebury this Saturday at 7 p.m.
VERGENNES — Voters in the five Addison Northwest Supervisory Union towns will almost certainly be asked in either November or March to support a $2 million Vergennes Union High School bond that could also, in theory, approach $5 million.
The $2 million, said ANwSU Superintendent Tom O’Brien and business manager Kathy Cannon earlier this week, would pay for a long list of what they called long-term building needs and “health and safety” items.