Laramie, Wy – A University of Wyoming professor has been appointed as a lifetime member of the group that awards the Nobel Prize. Professor Jason Shogren from the department of Economics and Finance was in Sweden when he ran into a top official of the Royal Swedish Academy of Sciences. Shogren: And he said, congratulations, and I said, for what?
Gillette, Wy – The Wyoming Supreme Court has overturned sexual assault convictions against Kent Alan Proffit Sr., a Gillette man already spending life in prison for murder. The high court recently upheld Proffit's three sentences of life without parole in the murders of two Gillette teenagers. Tuesday's court ruling says Proffit must get a new trial on eight counts of third-degree sexual assault. A jury last year found him guilty of sexually assaulting 16-year-old Bryce Chavers, his former stepson and one of the murder victims.
Laramie, Wy – While Wyoming Congresswoman Barbara Cubin voted in favor of the financial rescue plan, two candidates hoping to replace her say they would have voted no. Democratic candidate Gary Trauner says he was disappointed with the bill.
Trauner: They talked about it limiting CEO pay but it did not. It talked about limiting golden parachutes, again it did not.
Republican candidate Cynthia Lummis saw another flaw: that the government was only going to buy bundles of bad mortgages but no good ones.
Laramie, Wy – The Wyoming Banking commissioner says that people who have money in state banks have nothing to worry about. Commissioner Jeff Vogel says citizens have a right to be concerned about the health of Wyoming banks but it is his job in keep an eye on banks. He says Wyoming banks are safe.
Vogel: The banks here in Wyoming have had little exposure, did not originate any of the subprime paper and are not holding any of it, as far as I know.
Laramie, Wy – A Wyoming economist says that the national credit crisis could quickly hurt Wyoming's farming and ranching industry. University of Wyoming Finance Professor Walter Werner explains that agriculture is the area where this state might first feel a crunch in credit.
Werner: If a rancher needs a loan, if he's going to buy yearlings, or he's going to anything like that it's going to be tougher and tougher to come by if we don't do something really almost immediately.
Laramie, Wy – Wyoming's inflation in the second quarter of the year rose seven point nine percent the highest increase since the early 1980's. Wyoming Senior Economist Justin Ballard says most things increased, but housing saw the greatest gains, especially in areas that are impacted by the energy boom. Ballard says gas prices helped increase transportation costs by nearly 18 percent. Teton and Sublette counties remain as the most expensive places to live with Platte as the least expensive.
Cheyenne, Wy – Nearly a third of Wyoming's National Guard members are headed to Kuwait and Iraq for a more than yearlong deployment. The 941 soldiers are from the Wyoming Army Guard's 115th Fires Brigade. They will operate a camp in Kuwait that is a stopping point for troops headed into Iraq. They also will provide protection for convoys and other military forces in Kuwait and Iraq. In April, the Guard members will go to Fort Hood, Texas, for 30 to 90 days of pre-deployment training.
Laramie, WY – Mechanics and small-engine manufactures worry the government's mandate to increase ethanol production will damage lawnmowers, chainsaws and boat motors. Small engines are not designed to run on gasoline with more than 10 percent ethanol. Mechanics say the blend can corrode the engine's interior.
Laramie, WY – The long time voice of the Cowboys, Larry Birleffi, died over the weekend. He was 90.
For over 50 years, Birleffi covered the Cowboys as a broadcaster and as a newspaper writer. Former University of Wyoming Athletic Director and Football coach Paul Roach says that Birleffi was the voice of the fan.