Did you hear what ESPN magazine did to an article they commissioned? A writer wrote a piece on Michael Vick, the ESPN editors changed the title to: “What if Michael Vick were white?” And, further, photo-shopped a picture of Vick to make him look white. The writer is outraged at the changes, and ESPN editors […]
Month: August 2011
LCCCA Article #2: Consequences of Hotel Room Rental Tax on industry
The sponsors of the Convention Center anticipated an annual increase in the Hotel Room Rental Tax that had been imposed to subsidize the problem. In fact, revenue from the tax has remained flat over the past few years, despite the addition of hotel rooms including the approximately 300 room downtown Marriott Hotel.
Hurricane Irene to lose strength throughout day
From the ASSOCIATED PRESS: (6:00 AM, Saturday) … Hurricane Irene will make landfall over eastern North Carolina on Saturday, at Category 1 strength with winds between 74 and 95 mph. Hurricane warnings and watches have been issued for most of the East Coast…
Libyan War Goes a Long Way to Improve the Pentagon’s View of France as an Ally
NEW YORK TIMES: For now, the French are eager to highlight their contributions to the war, which over all are third behind the Americans and the British. According to the French military, France has flown about 4,500 flights, or sorties, in the five-month war, compared to more than 5,300 American sorties in roughly the same […]
As Hotels Outsource Jobs, Workers Lose Hold On Living Wage
HUFF POST: INDIANAPOLIS — Maria Fajardo has been working as a housekeeper and janitor in Indianapolis hotels since 1987. The job has changed a lot in 24 years, but not for the better. The work is much more difficult than it used to be, and the pay comparatively much less… The jobs don’t go offshore […]
When will LNP give true coverage?
So…….how much of a ‘boon’ has the White Elephant been for Lancaster City and Lancaster County? How many events have been scheduled at the Convention Center vs. being held at the Marriot? What has been the occupance rate at the Mariott? How many new businesses have opened in downtown Lancaster since the inception of this […]
Obesity Continues to Balloon in U.S. and U.K.
HEALTH DAY NEWS: The number of obese people in the United States will increase from 99 million in 2008 to 164 million by 2030, and the number of obese people in the United Kingdom will increase from 15 million to 26 million, a new study predicts. Obesity-related diseases and health care costs will soar as […]
Where America’s Children Are Going Hungry
Hunger is not discriminatory, and it’s everywhere. That’s the message of a new study that shows children are struggling with hunger in every county and congressional district in America… The implications are huge. “Hunger can fundamentally alter the trajectory of a child’s life,” says Vicki Escarra, president and CEO of Feeding America. “Research shows that […]
Elizabeth Warren Receives Major Union Endorsement Before Launching Senate Candidacy
HUFF POST: Even before formally entering the Massachusetts Senate race, consumer advocate and Harvard professor Elizabeth Warren has picked up a major union endorsement. The former Obama administration official who spearheaded the creation of the Consumer Financial Protection Bureau, received the unsolicited backing of the Massachusetts Nurses Association (MNA) on Tuesday. The endorsement came before […]
Taxpayers left with no alternatives
It would appear that the debt used to build the convention center is considered by financial institutions to be so much of a risk that taxpayers are left with almost no alternatives.
Mexico casino attack leaves at least 53 dead
WASHINGTON POST: At least 53 people were killed Thursday, officials said, when a northern Mexico casino was attacked by men who fired off guns and ignited drapes, rugs and furniture. Some witnesses reported that the attackers threw grenades into the Casino Royale in Monterrey, while others said gasoline bombs started the fire. The flames trapped […]
Hurricane Irene could wreak havoc on insurance premiums
USA TODAY: East Coast homeowners in the path of Hurricane Irene could be on the hook for thousands of dollars in damages that aren’t covered by their insurance policies, experts say… •Exclusions for wind damage. While most standard homeowners policies cover hurricane damage, homes in some coastal areas need a separate policy to cover wind […]
INTELLIGENCER NEW ERA
The concluding paragraph in “Convention center authority votes to refinance debt” states:
“Since it was proposed, supporters have said the center would not be financially self-supporting, but they said it would be a boon for the county due to spending of conventioneers and others who would come to center events.”
Buffett extracts a handsome price from BofA
Many value investors who profess to follow in the footsteps of the Sage of Omaha prefer to avoid financial companies altogether, as the complexities of their accounts can make it hard to know what exactly what might be lying beneath the surface… Mr Buffett, the billionaire investor behind Berkshire Hathaway, has again stepped in to […]