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Congratulations to us! We were no fools – instead of saving our money and putting aside $500 a month to buy shares in the bluest of blue chips, the Dow’s anchor and Detroit’s pride, we spent the money on gambling, carousing and riotous living, hoping that everything would work out for the best. And did… Continue Reading Government’s record of salvaging industry not that promising

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On May 29, 2007, Citigroup stock ended the day at $50.28, little changed from the day before. One hundred and three weeks later, on May 22, 2009, Citigroup closed at $3.67, up slightly from its last close. The story of Citigroup’s long fall from international behemoth to beached whale has been told often enough. But… Continue Reading Time to play hard ball, not beg and grovel at altar of the USOC

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Gov. Bill Ritter’s decision to sign a bill forbidding the state to sell land to the Army for the purpose of expanding the Pinon Canon maneuver site was, despite the howls of protest from Springs politicians, utterly predictable. To us in El Paso County, the expansion seems reasonable, even mandatory. This nation is at war… Continue Reading We can all learn something from the battle over Piñon Cañon

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“When a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully.”-Dr. Samuel Johnson Last Monday, the New York Post reported that the Ochs/Sulzberger family, which has controlled the New York Times for more than a century, might be forced to sell. Noting that the Times Co. had recently borrowed… Continue Reading No more monopolies: news and information — they’re everywhere

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It’ll be interesting to watch the forthcoming dustup between The Independent and The Gazette’s new four-day-a-week free publication, which will distribute 10,000 copies of each issue in the city’s core areas. Somewhat to its embarrassment, The Gazette has had to abandon its original name, “Ink” (turns out that name’s taken), and replaced it with FreshInk.… Continue Reading No early line on who’ll win Indy vs. G battle royal

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For those of us who work for the 99.99 percent of American newspapers that are not The New York Times, The Washington Post or The Wall Street Journal, it’s always a source of delight and pride when reporters from small, unheralded papers win a Pulitzer Prize. The big dogs always get their share – this… Continue Reading Decline, debt and the demise of the daily newspapers

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As roads go, Academy Boulevard is a newcomer. As recently as the early 1960s, there was no Academy Boulevard — just a dirt road running through the unpopulated prairie east of the city limits. Growth changed all that, and brought with it the unplanned, unanticipated and eminently unworkable suburban model that would characterize many Sunbelt… Continue Reading It’s not too late to save Academy Boulevard from a slow, linear death

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Walking from the Business Journal’s office on Platte Avenue to meet my geezer homies for coffee last week, I thought about Jane Jacobs. The author of “The Death and Life of Great American Cities,” Jacobs was the first urbanist, as we’ve come to understand the term. Written during 1961, the book is a devastating critique… Continue Reading Zoning plan looking back to ensure the future of downtown

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Economics: the dismal science. Making fun of economists: a respected journalistic subcategory. Pretending to understand economics: our incurable national delusion. And one of the most persistent of our national delusions, one which affects businessmen, politicians, the employed and the unemployed alike, is that of autarky. True believers know how to cure whatever economic ills may… Continue Reading Time to let the air out of the feel-good ‘buy local’ bubble

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Deal — or no deal? USOC — or USnoC? City Council made a deal to keep Their Olympian Majesties in Colorado Springs — and now they have to do some quick repair work to keep everything from falling apart. Unpleasant Reality No. 1: The U.S. Olympic Committee’s first priority is not a new office building… Continue Reading My humble suggestions for how council can salvage USOC deal

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