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To follow up on my last post, here are some of the recommendations from Lewis and David Einhorn on how to get past the current mess: Stop making big regulatory decisions with long-term consequences based on their short-term effect on stock prices . Stock...
One school of thought holds that poverty will always be with us. Perhaps, but that overlooks the fact that government, however flawed, can make an important difference for the better on important issues. Two examples: 1) The federal government, through...
From Governor Carcieri's office: Governor Donald L. Carcieri will discuss the State of Rhode Island's financial situation and outline details of his FY 09 supplemental budget during a live, televised address on Wednesday, January 7, 2009. The...
From NeighborWorks Blackstone River Valley : What: Town Hall Meeting to create a community-based economic stimulus package When: Tuesday December 30, 2008 Event begins at 6:00 pm Where: Chaplin Perez Community Center, 37 Center St. Woonsocket, RI Details...
I recap 2008 in this week's Phoenix: For a good metaphor of the year experienced by Rhode Island in 2008, consider the economic-development summit called by Governor Carcieri in November. On the surface, the notion of seeking fresh thinking about...
Some speculate that Saul Kaplan was asked to give up his job as executive director of the Rhode Island Economic Development Corporation. As we know, Governor Carcieri said via a statement that Kaplan plans to return to the private sector. At minimum,...
I wrote earlier this year about the long-stalled nature of economic development in RI. Now, with this news from the gov's office, the task at the EDC will belong to someone else. Kaplan demonstrated a good understanding of the big picture, and I wish...
An action being staged later this week by Ocean State Action and some other groups: Next Wednesday, Dec. 10 - Join us as we say, "Housing is a human right" Dec. 5, 2008 JOIN THE PEOPLE'S BAILOUT WEEK OF ACTION in PROVIDENCE: While the banks...
Whether you see Rhode Island's glass as half-full (like Tom Sgouros ) or approaching empty (like Ed Achorn ), the folks at RI Nexus have a cool upcoming event: Making it through the Downturn and Emerging Stronger than Ever Where: RIEDC, 315 Iron Horse...
Many social advocates across Rhode Island point to a "perfect storm" of adverse forces -- the fiscal crisis, budget deficits in RI, the foreclosure mess, high unemployment, etc. -- as we move into the holiday season. In this week's Phoenix...
From an op-ed by the senior senator in today's Call of Woonsocket and Times of Pawtucket: The average benefit to Rhode Island job seekers is $309 per week and may usually be collected for up to 26 weeks. Economists agree extending benefits is one...
Speaking of Tim White, he was interested by my short piece this week on Wayne Franklin , so Franklin and Owen Johnson , another of the new wave of entrepreneurs who sometimes gather under the Geek umbrella, joined us for this morning's taping of WPRI...
Rhode Island faces a very difficult balance: deal with the massive fiscal problems at hand, and, at the same time, build on existing strengths without getting dragged down in doom-and-gloom. Yet Wayne Franklin , who I write about in this week's Phoenix...
Answer: Neither can get their fiscal house in order. I'm hardly an expert on the auto industry. But haven't we been hearing for decades about how this industry has to be smarter and more competitive to outflank entries from Japan and elsewhere...
UPDATE: ON SECOND THOUGHT . While it might not look good for Democratic legislators to skip the gov's conference, by and large, it's worth remembering that politics is personal. Governor Carcieri and his lieutenants spent a good part of recent...
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