Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Public Option: Competition that's as American as apple pie

10/21/09

Heather Graham stars as the Public Option in this funny ad, showing how she'll force the lazy, bloated private insurance companies to get back in the game and compete. After all, competition is as American as apple pie. ...



H/T Mati Senerchia

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Public Service Announcement: Will Ferrell & friends tell us why insurance company executives deserve our support!

9/22/09


"And I'm NOT being sarcastic."

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Cleveland Housing Court calls banks to account for absentee landlordism

6/18/09

Photo: Judge Ray Pianka and his personal bailiff Miriam Ortiz-Rush at a celebration held by ESOP (Empowering and Strengthening Ohio's People),which advocates for homeowners in or on the verge of foreclosure.


I first heard about the Cleveland Municipal Housing Court back in 1992, when the current judge, Ray Pianka, was a Cleveland City Councilman and my husband, now a magistrate in Housing Court, was a Housing Court Prosecutor for the Cleveland Law Department.

The court in those days was much smaller, and the problems more plebian than they are today. His caseload consisted mainly of landlord-tenant disputes, evictions, people who let their grass grow too long or whose garages were collapsing, and "collectors," those puzzling folk who hoard so much stuff their homes become a hazard. Likewise, there were the "cat people," people who had so many cats --30, 40 -- that their homes became giant litter boxes, to their neighbors' dismay.

Once he prosecuted a guy who was keeping a pig in his yard -- and large livestock are forbidden by city codes.

"Why, sir, do you keep a pig?" my husband asked the defendant.
"Something to do," the urban pig farmer replied, shrugging.
Oh, but that was during the reign of Mayor Michael R. White, when Cleveland's neighborhoods were more stable, its housing stock more valuable, and restoration of old houses at its height.

That was before Cleveland became "ground zero" for the national mortgage crisis. Before Judge Ray Pianka, longtime advocate for the city's neighborhoods, became judge and expanded the Housing Courts services. As the Plain Dealer explains,

Judge Raymond Pianka is at the center of the area's mortgage crisis as presiding judge of the Cleveland Municipal Court's Housing Division. He has made the job into a nationally prominent position, whether he's ordering Wells Fargo to stop selling foreclosed homes or fining companies $1,000 a day when they fail to appear in his court on charges of neglecting their properties.
Today's PD offers video of Plain Dealer reporter Sandra Livingston talking with Michael McIntyre about Pianka's actions and the housing crisis. You can watch it here.

In addition to the PD, Pianka and the Housing Court's determined, innovative approaches to the problems brought on by the mortgage crisis have featured prominently in the national press.

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New media presents new opportunities: cardsofchange.com

5/20/09


Cardsofchange.com is sure to be a cheering sight for the recently laid off. It's also a cheering site: a place to share new projects and accomplishments that came into being only because the unthinkable -- unemployment -- happened. The site's founders explain that:
Cardsofchange is a place where the glass is always half-full. A destination where all the bad news of the day takes a back seat to stories of individual success.

Our mission is to collect as many business cards and stories of positive change of people who have recently been laid off and connect them with new opportunities from potential employers, business partners and people who make the effort to look on the bright side of life.
The recently downsized (RIFfed, laid off, terminated) are invited to
Take your old business card and scratch out your old contact info. Then write in your new email address along with 1 positive change that happened in your life as a result of being downsized. Take a landscape photo and upload it here.
The collection of cards is just beginning, but there are quite a few creative entries. Some of my favorites:




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'Insularity and Arrogance' in Northeast Ohio: Has the region's brand gone sour?

4/20/09



"Outside an orbit of about 40 miles from Tower City, no one seriously considers Cleveland+ to be a regional brand. People in Akron and Yongstown joke about it, though."
Maybe I'm the wrong audience, but I've never liked the Cleveland+ brand.

For one thing, it had to be explained to me. No, it's not like HIV+, which is pronounced HIV positive. It's pronounced Cleveland PLUS. Plus what? Apparently plus all those other less important cities that don't bear mentioning ...

The branding is explained at length on the website.
Cleveland+ is an entirely new way to look at Northeast Ohio — as one
united region leveraging all of our strengths.

Focus group testing "in multiple markets and included regular leisure travelers, business site selectors and C-level executives" found that:
  • Cleveland+ works for marketing Northeast Ohio for travel, meetings and conventions, and business. Many of the other names did not.
  • Cleveland+ leverages the most recognized city in the region.
  • Cleveland+ allows for the linking of our other major cities.
  • Cleveland+ provides a memorable icon for marketing materials.
  • Cleveland+ has a positive connotation to it.
And yet ....

The phrase boils Akron, Canton, and Youngstown -- and all the small towns and suburbs in between -- down to a footnote on the main attraction: Cleveland. The implication is that Cleveland will be the epicenter of northeast Ohio's economic future, which directly contradicts the idea of regionalism.

I'm sure it was tough to find a good name for the northeast Ohio brand (although Northeast Ohio isn't that bad, is it?) The problem is that regionalism is a complicated concept, involving countless resources and relationships. How to come up with a brand that indicates the richness of the region? And at a moment when regional connections are still in their infancy?

I don't know the answer, but I'm certain that Cleveland+ is not the solution. The brand reduces the region down to less than the sum of its parts.

And the flawed brand has become an emblem of Clevecentrism: an implicit and unchanging focus on Cleveland as the locus of the area's future.

According to community development guru Ed Morrison, reducing the region to nothing more than Cleveland plus enhancements to be named later is arrogant and insular. And insularity is detrimental to the whole idea of creating a region strong enough to compete in a global economy.

Morrison comes to the topic by way of the R2P: Return to Pittsburgh blog by Jim Miller, who argues that TeamNEO's competitiveness with other rust belt regions (like Pittsburgh) weakens northeast Ohio's ability to recognize and nurture existing regional relationships:
I'm still angry about Team NEO's ignorance of the economic challenges facing Cleveland and other Rust Belt cities. Team NEO is reinforcing the same dysfunctional geography that birthed the obvious gap between Pittsburgh and Cleveland in President Obama's proposed high speed rail initiative. Framing Pittsburgh as competition ultimately hurts other Northeast Ohio communities, particularly Youngstown.

Surprisingly, at least to me, Pittsburgh leadership seems to appreciate Youngstown's plight better than Cleveland does.
Morrison agrees and offers as proof the ever-widening gap in per capita income between Cleveland and Pittsburgh over the last decade. He concludes:
"Insularity and arrogance impose costs. These costs rise as regional and global economies become more inter-connected.

The legacy of this generation of Cleveland’s business leadership is already being written, and the picture is not pretty."

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Ohio's stimulus & unemployment, visualized

4/8/09

The brilliant folks at Mint.com were looking at the map and tables at ProPublica and started wondering "exactly what percentage of each state’s unemployment problem would be hypothetically solved by the total stimulus package."

They came up with this map. (Click on images to go to the full-size version on Mint.com's website.)



They do warn it is difficult to peg down the actual unemployment rates, referring reader to a previous posting, the recent Visual Guide to Unemployment. It's entertaining as well as informative, particularly if you fall into the category of underemployed or discouraged workers.



According to the graph, Ohio stands to recoup 31% of its lost jobs. If, that is, the laid off auto workers and waitresses and lawyers and journalists can be retrained to lay blacktop.

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Marcia Fudge's excellent take on the stimulus bill

2/18/09



















I was happy to hear Congresswoman Marcia Fudge of Ohio's 11th Congressional District talking about the $789 billon dollar stimulus bill on WCPN's The Sound of Ideas this morning.

It was the first time I'd heard her speak at length and I was delighted to find her well-informed, smart, upbeat and politically savvy.

Her counterpoint, Rob Frost, chairman of the Republican Party of Cuyahoga County, was dour, ill-informed, half-baked and yet inexplicably smug for a man who clearly didn't know what he was talking about.

To callers, Marcia Fudge had to repeat in as many ways she could think of, "Yes, we wanted there to be more __________ in the bill, too (fill in the blank with: mortgage help for homeowners; job creation; investment in the infrastructure, etc.) but Senate Republicans wouldn't pass the bill unless we dumped all that and added more tax cuts."

At one point, Frost misstepped by critizing the bill for not providing enough stimulus to do much good (contradictorily, he'd just criticized the bill for heaping debt upon our children and our children's children).

And Fudge's answered back with, of course, "We wanted the bill to be larger, but for some reason Senate Republicans set an arbitrary limit of $789 dollars" (I'm paraphrasing).

Frost managed to stumble back to the faulty party line by saying that what he MEANT was that the stimulus package didn't include enough TAX CUTS, which as far as he was concerned was the only way to stimulate economic growth.

Fudge's rejoinder: We tried tax cuts for the last eight years, and ended up 3 trillion dollars in debt.

At which point moderator Michael McIntyre couldn't resist jumping in to point out that the tax cuts in the approved bill would amount to a little over $7 a week per person.

"How are each of you planning to spend your $7?" he quipped.

"Exactly," said Fudge.

It was lively. (But I'm still missing Dan Moulthrop.)

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Ballad of a Bailout (Bodacious!)

10/21/08

aka The Economic Meltdown Song from Rhett & Link.



Or watch it on YouTube,
(Hattip to Sales Machine.)

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Financial crisis, election alter web traffic patterns

10/20/08

What were people looking at online last month? It's not sexy, but it's true: political and economic news.

As always, search engines topped the list (Google, Yahoo, etc.), but in September 2008 the economy and politics drove internet traffic to news and wiki sites, according to the comScore Media Metrix monthly analysis of US consumer activity at online properties.


As the election draws closer, visits to BarackObama.com and JohnMcCain.com have surged. BarackObama.com, one of the fastest-gaining properties of the month, led the category with 5.4 million visitors (up 37% versus August).

JohnMcCain.com ranked behind BarackObama.com, with only 3 million visitors, but that number indicates a 109% increase from August. The left-leaning HuffingtonPost.com, which has covered the election intensively in the past few weeks, was also among the the top-gaining sites, with 4.5 million visitors (up 38% over August).

As several major banks crumbled in September and Congress raced to pass a $700 billion bailout plan to stabilize the financial markets, visits to business/finance - news/research and online trading sites soared, says the Comcast report.


Yahoo Finance led the category with nearly 20 million visitors, a 30% jump from August. Several other sites experienced particularly strong growth, including Russian financial site RBC.RU (up 155% to 1.2 million visitors), FoxBusiness.com (up 127% to 1.2 million visitors), and Google Finance (up 67% to 1.4 million visitors).


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Great Debate Bingo Card!

10/1/08


MomsRising.org invites you to use their Debate Bingo Card to keep track of positions and buzzwords during the Biden v. Palin debate tomorrow night.

I'm sure you could turn it into a drinking game without too much effort. On second thought, if you were to drink each time one of these buzzwords was mentioned, you would probably stay pretty sober.

I'm shocked by how few of those topics -- topics of paramount importance to anyone raising children -- I expect to be mentioned tomorrow night. No one in this election is talking about:
  • Paid family leave
  • Flexible work options
  • Part-time benefits
  • Improving work-life balance
  • High quality, subsidized early childhood education
  • High quality, subsidized after-school programs
  • Paid sick days
  • Wage gap / Pay equity
  • Living wages


















So if you'd like to get drunk during the debate, you might want to add a few sure-fire key words to your bingo card, like:
  • Bailout
  • Wall Street
  • Main Street
  • Maverick
  • Washington insider
  • Middle-class taxes
  • Foreign policy
  • Alaska
  • Bridge to Nowhere
Good luck (to all of us. Look like we'll need it)!

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Bailout failure yields scariest NYTimes front page since 9/11

9/29/08

Thus sayeth the New York Times:


Checking the #bailout meme during the last few minutes on twitter:
  • jeffjarvis: I come out from my editing cocoon and find the world falling apart. We are so fucked.
  • brownspider: Conspiracy theory #1: Republicans killed bailout deal so that on Thursday people will be talking about the deal and not about the VP debate.
  • Reuters_TopNews: U.S. bailout rejected; fear seizes markets 
  • sgraven: I was totally into twitters #bailout that I didn't realize I was supposed to leave work 11 mins ago.
  • hbeeinc: #bailout folks - this is not a red and blue issue - it's about greed - that doesn't know party lines
  • danielerossi: Why don't they #bailout the homeless?
  • colinjohnston: @ricksanchezcnn if house republicans want to blame pelosi 4 stalled bailout, when 2/3 of their rank & file voted no, what's a citizen 2 do?
  • Moer: Oil plunges $10 as US bailout plan voted down
  • wondermade: Fun fact. The stock market lost $1t in value today, the bailout plan was for $700b.
  • Diva_Ali: They keep calling the bailout the "failed plan". It didn't fail. We didn't institute it. The media needs to get Hooked On Phonics.
  • 3business: Harvard economist says bankruptcy is better than bailout
  • NEWZOF: [Videos] Bailout's main leverage is psychological
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Cleveland's poverty: second only to Detroit

8/26/08


I could resist the temptation to blog about today's Plain Dealer story about Cleveland distinguishing itself as the 2nd poorest major city in the nation.

But what I couldn't resist was the chance to w00t this comment by PD online reader LilGittup, who suggests that the newspaper industry itself might play a role in the ongoing deprecation of Cleveland's economy.

"Does the PD take any credit for inflating our poverty numbers? Keep downsizing and outsourcing, you're really helping the city. In addition to all of the layoffs, the PD went ahead and raised their price by 50%. Great job, great reporting. Well worth it."
LilGittup isn't just being snarky -- locally, the number of lost media jobs is climbing:
"The online Cleveland Leader blogger/writer Roldo Bartimole said his sources expect a cut of 35 pages a week from the PD's news pages and 20 percent reduction of its workforce. Two weeks ago, Sun Newspapers eliminated its circulation department and its route carriers and the 22 editions are now being delivered by PD route drivers.
The Sun editions are being inserted inside the PD on Thursdays to subscribers who also get the PD. The PD is the Cleveland area's only daily newspaper.
In April, eight of Ohio's largest newspapers, including the PD, The Columbus Dispatch, The Cincinnati Enquirer and The Toledo Blade, formed a state-wide partnership, calling themselves the Ohio Newspaper Organization, according to the PD's Ted Diadun.
The papers have been sharing stories and bylines in print and online on their Web sites.
Thursday's alleged cuts follow a 2006 cut of 17 percent of the PD workforce through voluntary buyouts.That buyout was to employees 50 or older with at least 20 years of service and included 2-1/2 years' worth of pay and health-care benefits." Source: WKYC.
Things are tough all over.

The Cleveland Jewish News recently stripped employees of their one free subscription to the paper (home-delivered papers, that is; employees can still take the paper home from the office on Fridays for free).

Now CJN employees must pay for the paper, although they do get a discount (which might make a cynical person wonder whether the staff, knowing exactly what's in the paper, refused to pay full price). I'm sure the massive savings there is just what is needed to solve the paper's snowballing financial problems. I wonder if the Plain Dealer has considered that solution?

Update:

For more on newspaper layoffs, check out the Newspaper Death Watch.

Also, in Adding Up the Newspaper Cutbacks, Mark Potts of recoveringjournalist.com crunches the numbers and finds that:
  • More than 6,300 employees at the 100 largest newspapers have lost jobs through buyouts or layoffs in the past year.
  • More than half of those cutbacks have come since the beginning of June.
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Federation relocation: "The past has a vote, not a veto"

8/11/08


Another perspective on the possible relocation of the Jewish Community Federation of Cleveland:

Cleveland Jewish History webkeeper Arnie Berger takes a look at where, historically, the Federation has been located vis-a-vis the city's Jewish population.
(
Read the Cleveland Jewish History pages about the Federation in their entirety here.)

Since Federation was founded it has made nine decisions about its location. We describe its choices on these pages, noting where the Jewish community and its major institutions were located at the time.
It's worth remembering that even in 1965, when Federation moved into its present location on Euclid Ave., most Jews no longer lived the city proper, and few if any Jewish children were in the Cleveland School System. Their website History page says of their decision to be located in downtown Cleveland:
... In 1965, when the Federation erected its own building, the organization's leaders chose a site downtown at 18th and Euclid to symbolize the Jewish Community Federation's commitment to the greater community.

Cleveland Mayor Ralph Locher told the Cleveland Jewish News that the new Federation building represented "more than bricks and mortar - it is a symbol of humanity and philanthropy in a city that cares."


Since that time, Berger says, Federation's staff has grown 160 percent — from 50 to more than 130.
The organization is now considering relocating. An active discussion is underway, asking if the new home should be in downtown Cleveland, or in a suburban location close to the center of the Jewish population."

Rabbi Mordecai Kaplan wrote 70 years ago "The past has a vote, not a veto." We believe that if these history pages tell of the past, specifically the history of where Federation has done its work over the years and how the current facility came to be, they may help inform the discussion.


If you're interested in hearing about the group advocating that Federation remain downtown, visit their website:
www.KeepJCFinCLE.com


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