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AMKE: The List 11-30-11

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Recent reports show that home prices across the U.S. have been drifting lower and “back to their quarter of 03 levels.” One of the main reasons for this drop is because of the amount of foreclosed homes.

Plans are set and the U.S. along with more than a dozen other nations are going to remove just about over 40,000 troops from Afghanistan by the end of 2012. The U.S. is pulling out roughly 33,000, which accounts of one third of 100,000 American troops that have been there since June. All of this leaves Afghan forces on the frontlines of the decade-long war.

So far the group collecting signatures to recall Governor Walker says it gathered more than 300,000 signatures in 12 days. But there’s no way of verifying the count because the petitions won’t become public unless they get turned into state election authorities. United Wisconsin launched the recall effort on November 15th and it has until January 17th to get all 540,000 signatures.

The parent companies of American Airlines and its regional affiliate American Eagle are in the process of filing for Chapter 11 bankruptcy protection. Company officials say filing is “in the best interest of the companies and its shareholders.” It’s interesting because American was the only major U.S. Airline that didn’t file for bankruptcy protection after 9/11.

Earlier this week a longtime friend of Herman Cain told a FOX affiliate that they had a 13-year affair; however, Cain denied the allegation during a CNN interview. But now some republicans believe Cain shouldn’t be a nominee of the Republican Party and they worry about the side effects all of this will have on the party at large. They say the sooner he gets out, the better.

If you’re looking to spend your Christmas dollars in Milwaukee, this weekend is a chance to do that. This Sunday the Buy Local Gift Fair will be held at the Lakefront Brewery Palm Garden. It includes over 40 vendors and even a brewery tasting. The event kicks off at noon and is organized by Local First Milwaukee.