According to this report by Greenberg Quinlan Rosner research, the American public is restive for "bold change." One of the key findings of the report is that: "Voters are looking for dramatic action. Just 35 percent of voters say we can solve America’s problems with minor changes, while nearly two-thirds believe it will take 'major changes' to bring about solutions." And these respondents look more favorably upon the political legacy of FDR, rather than Reagan, to affect that change. read more »
The Chicago Tribune reported recently on the state of the finance industry in the Chicago area. Reports indicate smaller, more nimble finance companies in Chicago are tapping an exodus of traders, bankers and investment managers: read more »
This recent article in the San Francisco Chronicle discusses how politicians in the city are trying to stem the flight of blacks from the city - who now only make up 6.5 percent of the city's population (it was 13.4 percent in 1970). read more »
With 36 Chicago Public School children murdered in the last 12 months, the Chicago Sun-Times reports that getting shot has become the number one fear of children in the city's violent neighborhoods.
The fear seems most pervasive among fifth to eighth graders.
The Financial Times recently made note of the biggest drop in commodity prices in 28 years. This, of course, is a fall from record highs and some analysts are continuing bullish forecasts. The Reuters/Jeffries CRB index has continued its decline the past few days read more »
Yesterday, an article appeared in the SF Chronicle by C.W. Nevius about an Internet salesman who lives in a tent in Golden Gate Park because housing costs are too high. He works by day at a cafe and pitches his tent at night getting up before dawn when the police do raids to evict illegal campers. read more »
Mayor Daley said this week that the economy in Chicago is the worst that he's seen since becoming mayor.
You'd never guess this judging by the article about "demographic inversion" published in the New Republic by Alan Ehrenhalt . The author prints a lot of anecdotal evidence about on-going gentrification he witnesses in his hometown but unfortunately offers precious few statistics about job growth. read more »
Over half of the nation lives in metropolitan areas of more than 1 million people, but bizjournals.com suggests many may indicate another preference:
Yet a substantial number of these residents of big cities and inner-ring suburbs don't have their hearts in it. They would prefer to live on the suburban fringe or in small-town America, as repeatedly shown by surveys during the past decade. read more »
Colin McEnroe's piece in the Hartford Courant is a frightening tale about the indifference of the police to crime when it becomes so commonplace. A two hour wait for a call about a burglary. "I live in Gotham City, but there's no Batman."
In Boston, 65 parishes have been shuttered since 2004 and 30 have been sold - some to developers. And now, these former neighborhood institutions are becoming something truly unholy - high-priced condominiums. This article in the Boston Globe chronicles the trend. But hey, at least the priests are offering their blessings to these buildings' new uses at the developer's behest.