SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (272101)2/5/2006 8:50:44 AM
From: combjelly  Respond to of 1576163
 
"In 2005, 65,000 jobs came into Illinois; unemployment held steady at 5.5 percent. This news seems to be good. Why, then, did 24,500 applicants lay siege to a new Wal-Mart last month, looking for 325 jobs?

Could it be that these job-seekers are the same people rendered invisible until events like Hurricane Katrina force them onto rooftops?"

Don't tell Tench. He has managed to convince himself that those people don't exist. He was pretty creative about it, too...



To: Road Walker who wrote (272101)2/5/2006 2:18:34 PM
From: tejek  Read Replies (1) | Respond to of 1576163
 
CHICAGO is once more hunched against the winter, though this winter feels strange. It's cold, but it's not Chicago cold: we keep tottering back into the 40's and 50's. Rain storms in January in place of snow. As happy as we are to escape a deep freeze, strange things are happening. A mysterious rust-colored powder, for example, sifted out of the sky one night and covered parked cars on the street. Chicago police officials on the late news couldn't explain it. They had other things to worry about, like the peculiar shift in the murder patterns in Chicagoland.

The murder rate in the inner city has dropped. The rate of killings has increased, however, in the suburbs. This is attributed to the movement of poverty. Whereas "white flight" was a pattern in the city for decades, Chicago is reaping the benefits of the sly social engineering that has taken place in areas like the South Loop around the University of Illinois. Upscale communities tied to the university have systematically replaced tenements. Farther south, stalwart symbols of urban decay like the Cabrini Green housing project are giving way to brighter, shinier developments. As one of my students noted, "It's awful white up in here, and I don't mean snow."


This movement into the cities I think caught a lot of people by surprise. I keep getting surprised when they build condos in downtown Seattle and they get sold out in a month or so instead of causing a glut on the market. But then, downtown Seattle has always been a viable area to live.

What's blowing me away is that downtown LA is having similar experiences.......one expensive condo building across from the Staples Center sold out in 7 hours. As for Chicago, its downtown population in the past 20 years has become huge.........its pretty much saved State St.

ted