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Recession might have permanent, albeit small, impact on consumer attitudes American consumers were gleefully snapping up HDTVs, designer shoes and sport sedans — then the recession hit. Economists and consumers for the doom-and-gloom team have called it the next Great Depression. Optimists see the 19-month recession, the longest since World War II, as something the… Continue Reading Good ol’ American spending likely to return

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Faster than the speed of law

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Internet, technology out-pacing rules, regulations The Internet has become a cyber version of the Wild West, where few rules exist to curb an enthusiastic fight about ownership and ideas. The ease of communicating and marketing via the Internet has brought about a pitched struggle for copyrights, trademarks and other money-making endeavors. “It’s just that the… Continue Reading Faster than the speed of law

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It’s time to check the pulse of Colorado’s economy — either that or there was a dearth of local financial seminars this week. Go figure. It’s July and half the city, it would seem, is on vacation. Notwithstanding, yours truly still remembers the good old days, say, last summer, when she interviewed economists who said… Continue Reading Believe it: There is a light at end of recession tunnel

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According to the National Federation of Independent Businesses, the current health care reform bill being considered by Congress (House Bill 3200) will hurt small business owners as they strive to provide health coverage for their employees. From mandating that small businesses carry insurance for their employees, to creating an all powerful health czar who would… Continue Reading Owners want affordable health care, not gov’t mandates

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Homes: differing surveys, differing views

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The national news has a way of trickling down to local markets — and sometimes the news appears better closer to home. For example, while U.S. home sales grew by 11 percent, year over year, based on Commerce Department and Census Bureau data released this week, industry experts cited lower home prices for the improvement.… Continue Reading Homes: differing surveys, differing views

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One Colorado Springs man believes he has the solution to the health care crisis — and it isn’t more government programs, subsidies or taxes. In fact, Steve Hyde believes free markets can address the issues with costs and access. His idea, outlined in the book, “Cured,” is to give people the money to buy their… Continue Reading Is there a free market solution to health care crisis?

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People on the Move – July 31, 2009

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David Csintyan has been selected to participate in the Ford Foundation Fellowship for Regional Sustainable Development. He is CEO of the Greater Colorado Springs Chamber of Commerce. Chris Fullen has been named director of relocation and business development for The Platinum Group. She has 16 years of relocation experience, including 14 with the Prudential network.… Continue Reading People on the Move – July 31, 2009

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The city has apparently forgotten to turn in homework on time. It has failed to meet the July 24 deadline to submit notice for participation in the November election as required by state statute. So, whether Colorado Springs issues will be included on the ballot depends on whether County Clerk and Recorder Bob Balink will… Continue Reading City misses county election deadline

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Despite El Paso County’s ongoing financial woes, County Commissioners won’t be asking the voters to approve any new taxes. “I think we need to make it clear that we won’t be going to the voters and asking for a tax increase,” said Board Chair Jim Bensberg, after the commission had received a grim overview of… Continue Reading County commissioners decide against tax increases

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Lottery defies downturn

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Despite the poor economy, the Colorado Lottery managed to post its second best sales performance during fiscal year 2009. Sales totaled $493.4 million for the year ended June 30. The Lottery also returned $119.6 million to the state, the third best year in terms of proceeds. “I think we’ve weathered the storm well,” said Colorado Lottery Director Jack Boehm.… Continue Reading Lottery defies downturn

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