AltWeeklies Wire

State Budget Cuts Could Change Baltimore's Cultural Landscape Forevernew

Development directors at orchestras, museums, and theaters across Baltimore are worried that in a year of tough choices, Maryland may be making a $6 million choice it can never take back.
Baltimore City Paper  |  John Barry  |  03-31-2009  |  Economy

Silence of the Cranes: The Sound of Recessionnew

It is not every day that you can walk out on the streets of this bustling port town and comment on how quiet it is. Enough so that in the middle of the Port of Los Angeles' executive meeting this week, the silence of the cranes slipped into the room and begged the obvious question, "Is this the sound of the great recession of 2009?"
Random Lengths News  |  James Preston Allen  |  03-25-2009  |  Economy

Why We Hate Banks

For years, banks and insurance companies have insulted, exploited and gouged their customers. Now they want us to bail them out?
Maui Time  |  Ted Rall  |  03-24-2009  |  Economy

Houston's Working Class Gets Bumped into Homelessness and Poverty by the Crashing Economynew

An already strained system struggles to accommodate a new breed of homeless.
Houston Press  |  Mike Giglio  |  03-24-2009  |  Economy

Did the Push to Save Philadelphia's Libraries Backfire?new

The decision not to close any of Philly's libraries may come at a cost. Because while all branches remained open this fall, the libraries did suffer from the first round of budget cuts: Free Library Director Siobhan Reardon now faces the prospect of running all 49 branches with significantly fewer resources per library.
Philadelphia City Paper  |  Isaiah Thompson  |  03-24-2009  |  Economy

County Budget Bloodbathnew

A frightening look at what could happen if the County of Santa Barbara is forced to cut ten percent.
Santa Barbara Independent  |  Chris Meagher  |  03-16-2009  |  Economy

Tennessee Republicans Think $2.13 an Hour Is Adequate Paynew

State House Democrats are attacking Republicans for opposing an increase in the minimum wage for hardworking waitresses.
Nashville Scene  |  Jeff Woods  |  03-13-2009  |  Economy

How Federal Home Loan Banks Exacerbated the Banking Meltdownnew

There are plenty of bad guys in the current banking collapse, but I want to introduce you to some unsung villains: the executives running little-known, federally chartered bankers' cooperatives called Federal Home Loan Banks.
SF Weekly  |  Matt Smith  |  03-13-2009  |  Economy

Why Do We Bail Out Wall Street Bankers?new

Ben Bernanke's Federal Reserve and Timothy Geithner's Treasury Department continue to sink billions of dollars into the black hole of Wall Street, but those billions have not prevented the US economy’s nosedive toward a crash and burn ending. And what is Bernanke's solution? More of the same.
Artvoice  |  Ted P. Schmidt  |  03-13-2009  |  Economy

On the Hunt for Empty Housesnew

Some real estate speculators see foreclosed houses as golden opportunities, even as many of their colleagues lose everything.
The Inlander  |  Daniel Walters  |  03-12-2009  |  Economy

Why a Texas County Is So Eager to Get Dumped Onnew

Waste Control Specialists LLC has spent the last 20 years pulling political, business, and regulatory strings to do what no other company in the nation has been able to do in three decades: license and build a new radioactive waste dump.
The Texas Observer  |  Forrest Wilder  |  03-12-2009  |  Economy

Bobby Jindal and the Stimulus Plannew

Louisiana Gov. Bobby Jindal's decision to refuse part of President Barack Obama's stimulus package is supported by the business community and opposed by Democratic lawmakers.
Gambit  |  Jeremy Alford  |  03-11-2009  |  Economy

When Down is Up: Ten Jobs That Are Doing Well Because You're Notnew

From arms dealer to repo man to private eye, here are some professions that are not only recession-proof, but actually seem to benefit from an economic downturn.
The Inlander  |  Joel Smith, Nicholas Deshais, Daniel Walters, Derek Casanovas and Jordy Byrd  |  03-05-2009  |  Economy

In a Time of Growing Need, NYC's Homeless Are Running Out of Optionsnew

This winter, Mayor Michael Bloomberg's administration quietly declared a two-front campaign against the shelter system that was developed to assist with the persistent homelessness problem.
New York Press  |  Matt Harvey  |  03-05-2009  |  Economy

An Investigator Re-Encounters an Old Rival in the Latest Banking Crisisnew

Richard Newsom is campaigning against what he sees as corruption among overseers of America's savings and loan industry. He is perennially, and profanely, annoyed: Regulators today "lack both the stones and the expertise" to rein in rogue bankers, he claims.
SF Weekly  |  Matt Smith  |  03-04-2009  |  Economy

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