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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (504696)8/14/2009 10:21:46 AM
From: tejek  Read Replies (1) | Respond to of 1579701
 
Down 3% from last month. This is why Obama is having such trouble......

U. Of M. Consumer Sentiment (August) 63.2

22 minutes ago

(RTTNews) - U. Of M. Consumer Sentiment (August) 63.2

For comments and feedback: contact editorial@rttnews.com



To: Road Walker who wrote (504696)8/14/2009 1:09:36 PM
From: Brumar89  Read Replies (5) | Respond to of 1579701
 
Democrats destroy cities.



To: Road Walker who wrote (504696)8/14/2009 2:02:22 PM
From: tejek  Read Replies (1) | Respond to of 1579701
 
Residents such as Barbara Anderson in the blighted neighborhood of Slavic Village have formed clubs to save their communities. Anderson's "Bring Back the '70s Street Club" has planted a garden on four empty lots and patrols the area.

"We've come a long way, but we're not done yet," she said.

GOING GREEN

Rokakis said Cleveland will issue bonds for $50 million over the next few months and start buying up and demolishing derelict homes in the first phase of the city's redevelopment.

Local groups want to revitalize that empty land.


There can be some backstopping with this approach but really......its no where near good enough for the long term.

This is what I think.......cities like Cleveland, Buffalo, Detroit et al have lost there best and brightest to places like Florida, AZ and CA. And with that loss has gone the flight of capital. The people who are left have become very demoralized and lack the skills to turn things around.

Not everyone of course.....I posted an article recently about some guy who was buying up historic properties in inner city Cleveland, renovating them and then creating hip commmercial and residential neighborhoods that have become very popular. That's the kind of stuff that happens everywhere in places like Seattle, Portland, LA and San Diego and has been ongoing for decades, but in Cleveland, its seen as very unique.

What I suggest is that a committees or committees be set up by Obama...made up of captains of industry, planners, economists, business people etc. These people would work pro bono and go about evaluating the Clevelands and Detroits, determine their strengths and weaknesses and then decide what is the best approach to take for economic revival. Not every city can be a hi tech center or a biotech incubator. For an example, it may be determined that Cleveland is best as a warehousing center; Detroit light manufacturing.

Capital can be raised to provide financing, the amassing of land, the building of startup buildings and the advertising of each city's virtues. One huge advantage is the low cost of housing and lower labor costs because the markets are depressed. They will have to start small and then build on it. And each city has to be evaluated independently.......it can't be a formula thing.....it won't work that way.

And they may have to write off some of these cities.....deciding they will continue to decline. Develop a green belt around them in order to contain them like Portland, OR has done for different reasons. Part of the problem is that there are too many of these cities clustered together. Couple that with the harsh climate and that makes it difficult to keep them all populated.

Having said that, the goal should be to stop the decline of these cities and then stabilize them. And who knows.....eventually, they may be able to return to some kind of growth. I have been impressed with the turnaround of Omaha and Lincoln, Fargo, Bismark, and Rapid City [fueled in part by oil discoveries] and the ongoing success of cold climate MPLS and Madison. They can be models for the Clevelands and Detroits. FWIW.