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Spurred on by the then-booming economy during 2007, Colorado legislators and liberal interest groups were poised to load the 2008 ballot with revenue-enhancing proposals — or, less politely, new taxes. Interviewed by the Denver Post during October of 2007, then-House Speaker Andrew Romanoff said, “If I had to choose today between providing health care for… Continue Reading Days of red ink reckoning loom for foreseeable future

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Lots of taking but not a whole lot of giving back

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Monday was, in case you hadn’t noticed, one of the most glorious Labor Days in years. Start with perfect weather, balloons galore in the morning, the American Discovery Trail Marathon a little later and ending, as thousands of us did, with beer, wine, backyard cookouts and kids throwing glowsticks in the moonlight. I went for… Continue Reading Lots of taking but not a whole lot of giving back

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The author of the economic impact analysis describes the study as ‘the ultimate downside risk analysis.’
Continue Reading City can’t find data used to justify USOC deal

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Heimlicher resigning

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Colorado Springs City Councilman Jerry Heimlicher announced today that he will resign Sept. 30. Heimlicher has served on council since 2003, representing District 3, the southwest quadrant of the city. Heimlicher, a retired Ford credit executive of 38 years, said he has concerns about whether his executive pension will remain intact, given the auto industry’s… Continue Reading Heimlicher resigning

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Can they pull it off? Can two canny and accomplished women persuade the always skeptical voters of Colorado Springs to approve a property tax hike and rescue the city from the worst fiscal crisis it has experienced since the 1970s? Will Councilwoman Jan Martin and nonprofit leader Mary Ellen McNally enter the mythic pantheon of… Continue Reading Martin and McNally facing long odds with tax proposal

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Company reports more than $1 billion in debt Freedom Communications Inc., owner of more than 30 daily newspapers including The Gazette, filed for Chapter 11 bankruptcy protection in U. S. Bankruptcy Court in Wilmington, Del., this morning. According to Bloomberg News, the company said that it has assets of between $500 million and $1 billion, eclipsed… Continue Reading Freedom bankruptcy official

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The Wall Street Journal reported yesterday that Freedom Communications, parent company of the Colorado Springs Gazette and more than 100 other media properties, will file for bankruptcy this week.

The WSJ said that the chain would be taken over by the banks that hold the company’s debt and that present equity holders would be wiped out.

Continue Reading Freedom on brink of bankruptcy

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Try to remember, last November … when, thanks in part to two unpopular wars and a world financial crisis, Barack Obama swept into office, along with lopsided Democratic congressional majorities. Let’s see, it’s been 10 months since the election, and Obama’s been in office since January, and we’re mad! Mad! Mad! And we’re tired of… Continue Reading GOP could learn a few things from those dreaded Dems

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More than 200 people gathered this morning at the Pioneers Museum to kickoff “A City Worth Fighting For,” a campaign to persuade voters to approve a 10-mill city property tax increase. The campaign is led by councilwoman Jan Martin, who yesterday persuaded her council colleagues to refer the issue to the November ballot. Joining her… Continue Reading 200 gather in support of mill levy increase

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Are we, in fact, the “Best City in America,” as Outside magazine recently claimed? I dunno — I live here, and haven’t lived anywhere else since 1981, so I’m obviously prejudiced. I agree with Outside, but for reasons other than those they cited. Just in case you missed it, here’s what they wrote. “There’s a… Continue Reading The crazy thing is that here, crazy seems to work

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