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Grizzles rally from 20 down to beat Warriors 91-90

  • Posted on January 25, 2012 at 2:40 pm

Memphis Grizzlies small forward Rudy Gay (22) celebrates in front of Golden State Warriors power forward David Lee (10) during the fourth quarter of an NBA basketball game in Oakland, Calif., Monday, Jan. 23, 2012. The Grizzlies won 91-90. (AP Photo/Jeff Chiu)

Memphis Grizzlies small forward Rudy Gay (22) celebrates in front of Golden State Warriors power forward David Lee (10) during the fourth quarter of an NBA basketball game in Oakland, Calif., Monday, Jan. 23, 2012. The Grizzlies won 91-90. (AP Photo/Jeff Chiu)

Memphis Grizzlies point guard Mike Conley (11) dribbles past Golden State Warriors power forward David Lee (10) during the first half of an NBA basketball game in Oakland, Calif., Monday, Jan. 23, 2012. The Grizzlies won 91-90. (AP Photo/Jeff Chiu)

Memphis Grizzlies point guard Mike Conley (11) drives past Golden State Warriors power forward David Lee, rear, and power forward Ekpe Udoh (20) during the first half of an NBA basketball game in Oakland, Calif., Monday, Jan. 23, 2012. The Grizzlies won 91-90. (AP Photo/Jeff Chiu)

Golden State Warriors shooting guard Monta Ellis (8) and shooting guard Brandon Rush (4) walk on the floor during the fourth quarter of an NBA basketball game against the Memphis Grizzlies in Oakland, Calif., Monday, Jan. 23, 2012. The Grizzlies won 91-90. (AP Photo/Jeff Chiu)

Golden State Warriors point guard Stephen Curry (30) walks on the floor during the fourth quarter of an NBA basketball game against the Memphis Grizzlies in Oakland, Calif., Monday, Jan. 23, 2012. The Grizzlies won 91-90. (AP Photo/Jeff Chiu)

OAKLAND, Calif. (AP) ? Rudy Gay scored 23 points, three in the final 23 seconds, and the surging Memphis Grizzlies rallied from 20 points down in the second half to beat the Golden State Warriors 91-90 on Monday night.

Mike Conley had 20 points and nine assists for the Grizzles, who extended their winning streak to seven games with one of the biggest comebacks in franchise history.

Memphis trailed 63-43 with 3:23 left in the third quarter, then pulled within 16 heading into the fourth. The first-place Grizzlies scored 39 points over the final 12 minutes to remain a half-game ahead of San Antonio in the Southwest Division.

Marc Gasol added 15 points and 11 rebounds while Tony Allen had 14 points and eight rebounds for the Grizzlies (10-6).

Monta Ellis had 20 points and five assists for Golden State, which was outscored 11-5 over the final 2:15.

The Grizzlies kicked off their four-game West Coast trip with a win despite getting outplayed for most of the night before breaking loose in the fourth quarter.

Allen had 10 points in the final period, Conley added nine and Marreesse Speights scored all eight of his points to help fuel the comeback.

Conley came up big on both ends of the court. He forced a pair of late turnovers, then scored the go-ahead basket on a driving layup after stealing a pass from Stephen Curry.

Gay, who finished 10 of 21 from the floor, then made a 17-foot fadeaway and later added an insurance free throw.

Golden State, which has dropped its last three, missed a flurry of 3-pointers in the waning moments but pulled within 89-87 on Brandon Rush’s long jumper. After O.J. Mayo sank a pair of free throws for Memphis, Ellis made a 3 with 0.6 seconds left for the final margin.

Curry finished with 18 points in his second game back from an ankle injury. David Lee added 13 points and 12 rebounds, and Rush scored 10 off the bench.

Golden State built a 17-point lead with just more than 4 minutes left in the first half before Memphis closed to 42-33 on a pair of free throws by Gay with 9.4 seconds left.

Gay and Gasol both had 12 points apiece before halftime but Curry, who missed nearly three weeks with that recurring ankle injury, raced down the court and scored on a layup to make it 44-33 at the break.

The Warriors got a big boost from their bench in the second quarter.

Backup guard Nate Robinson had six assists and Klay Thompson added seven points while Ekpe Udoh and Dominic McGuire combined for seven points as part of a 10-2 run.

Memphis, which played only one team with a record above .500 during its winning streak, looked tired playing its third game in four days.

The Grizzlies missed 10 of their first 13 shots, committed 11 turnovers in the first half and allowed the hustling Warriors to dish out 14 assists before intermission.

Ellis kept Golden State rolling with a pair of quick buckets in the third quarter. Curry added a 19-foot jumper and Lee scored on a dunk to give the Warriors a 55-39 advantage.

Rush, who had a 3-pointer during Golden State’s run early in the second, added another dunk later to push the lead to 63-43.

Memphis pulled within 85-84 when Allen stole a pass from Curry and scored on a short jumper with 1:49 remaining in the fourth quarter. The Grizzlies went ahead for good on Conley’s layup.

Notes: Golden State’s current six-game homestand is its longest of the shortened season. … The home team had the won previous seven games in the series. … The Warriors are 0-6 against teams from the Western Conference.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2012-01-24-Grizzlies-Warriors/id-ffc2c757bdd94683a457b2a0792fe5c8

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Boehner: State of Union speech may be `pathetic’ (AP)

  • Posted on January 25, 2012 at 8:15 am

WASHINGTON ? House Speaker John Boehner doesn’t sound like he’s going to have a fun time listening to President Barack Obama’s State of the Union address Tuesday night.

Obama is expected to outline an economic blueprint built around manufacturing, energy and education, and officials have said he’ll propose fresh ideas to try to get the wealthy to pay more in taxes.

Boehner says it sounds to him like “the same old policies” of more spending, taxes and regulations that have hurt the economy.

The Ohio Republicans tells “Fox News Sunday” that if that’s what Obama is going to talk about, then “I think it’s pathetic.”

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_el_pr/us_state_of_the_union_boehner

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Local budgets: The crisis that didn’t happen (yet)

  • Posted on December 21, 2011 at 9:45 pm

State revenues have rebounded, and there was no municipal bond default crisis. But given the furor over public pensions and labor compensation more generally in 2011, the coming year could be one of conflict in state capitols and city halls.

The year?s top story in state and local government was ?hundreds of billions of dollars? in municipal bond defaults.? Oh wait, that didn?t happen.?

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It was ?states coming to Congress as mendicants, seeking relief from the consequences of their choices.?? No, although the Dickensian imagery may fit with the holiday decorations, that didn?t happen either.? To the contrary, governors spent much of the year fretting about federal inaction on the budget and debt limit.

What did happen is that state revenues rebounded.? After falling further and faster than in any recession since the Great Depression, taxes started coming back in early 2010.? They continued growing through the third quarter of 2011.?

However, tax revenues still haven?t regained peak 2008 levels.? The latest data also suggest growth may be moderating, and some states are reporting monthly collections below projections.?

2011 was also the year that local property taxes finally dropped.? The resilience of property tax revenues until now may seem puzzling given 30 plus percent housing price declines.? The explanation is that it typically takes 2 to 3 years for lower prices to show up as lower assessed values and property tax bills.?

In the meantime, some local governments have been able to raise property tax rates to compensate for depressed home values.? Others benefited from lags in adjustment from home prices to tax revenues, just as homeowners benefitted from these delays in boom years.

The other big story of 2011 is state and local government job cuts.? Although the private sector added jobs in 2011, state and local governments have been shedding them since 2008.? Overall, state and local governments have cut 640,000 jobs (3.2 percent of payroll) since August 2008 and they show no signs of hiring again anytime soon.?

What?s next for 2012?? Making New Year?s predictions is a mug?s game, but there are a few trends worth watching.?

First, chickens will come home to roost.? It?s hard to imagine voters will fail to notice cumulative effects of real cuts to state and local government spending per capita in 2009 and 2010.? Tracking government outputs and service quality is always tricky.? However, news reports suggest longer waitlists, uninvestigated crime reports, shorter school years, etc.? If the economy does not pick up steam and voters continue to resist tax increases, we can expect more of the same in 2012.

Of course, there may have been room for efficiency improvements before the recession.? But state and local governments specialize in exactly the kinds of labor-intensive services (education, health care, public safety) that are notoriously resistant to productivity gains.? What?s more, voters tend to reward politicians for more ? not fewer ? teachers in the classroom, cops on the street, and so forth.

Next, there will be more cracks in the edifice of federal-state-local government cooperation.? Governors may not have come begging to Washington in 2011, but they did implore Congress? super committee to leave states alone as it sought to stabilize the federal debt.? Now, although the committee?s failure triggered automatic spending cuts starting in 2013, these cuts will exempt Medicaid and other big ticket items.? Still, communities that depend on federal wages, contracts, or grants will be affected.

Finally, state and local governments will continue attempting to tackle their long run fiscal challenges ? pensions and retiree health costs ? which happen to look a lot like the federal government?s own challenges.? New government accounting standards to be released in June 2012 may accelerate this trend.? Given the furor over public pensions and labor compensation more generally in 2011, this could be another year of conflict in state capitols and city halls.

In other words, fasten your seatbelts, it?s going to be a bumpy 2012.

Originally posted at the Brookings Institution Up Front Blog.

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Source: http://rss.csmonitor.com/~r/feeds/csm/~3/D82vvSll_d4/Local-budgets-The-crisis-that-didn-t-happen-yet

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