July 29, 2012
Re "A tale of two cities," Opinion, July 25 Harold Meyerson blames banks and big business for the collapse of our economy, especially for the bankruptcies of California cities hit hard by the bursting of the housing bubble. Rather, the federal government encouraged the irresponsible lending to increase homeownership. Banks would never have been successful in making so many subprime loans if Freddie Mac and Fannie Mae weren't buying them. Wall Street also bought these toxic loans and rated them as AAA securities.
December 20, 2013 |
Two Canadian cities, Vancouver and Montreal , have the world's best public library systems, according to a new survey by German researchers . Library mavens at the Heinrich Heine University in Dusseldorf studied libraries in 31 major world cities, from London and Los Angeles, and from Shanghai to Sao Paulo, Brazil. Los Angeles finished in the middle of the pack in the ranking (16th), which took into account the wide array of services that libraries provide to their readers, including availability of printed books and digital information.
August 3, 2012
If communities in California have the desire and the tax base to make it on their own as independent cities, without increasing the resource burdens on their county governments or their neighbors or the state, then as a rule of thumb they ought to be able to give it a go. Self-governance and home rule are integral parts of American liberty. But in their first few years after incorporation, cities are likely to need a financial boost from the rest of us, and right now, well - sorry, Jurupa Valley, Menifee, Wildomar and Eastvale, but we can't afford you. With three much more established cities already in bankruptcy (Stockton, San Bernardino and Mammoth Lakes)
April 30, 1988 |
The United States Olympic Committee's executive board voted Friday for Atlanta over Minneapolis-St. Paul as the country's bid city for the 1996 Summer Olympics. The USOC would not reveal the count of the secret balloting, but reliable sources who were present for the vote at the Washington Hilton Hotel said it was 65-42 in favor of Atlanta. "The work just starts now," Atlanta Mayor Andrew Young said.
January 30, 2014 |
The California Air Resources Board thinks a little friendly competition might inspire Californians to scale back their driving, cut electricity use and take other steps to reduce carbon emissions. The agency on Thursday announced a second round of the CoolCalifornia City Challenge , where cities compete to see how much they can cut their emissions of greenhouse gases that are causing climate change. On the line is $100,000 in prize money that will go to cities based on how many people they sign up and how many points they earn in an online tracking system.
February 3, 2012 |
Asia - most notably Beijing - is experiencing a boom in office rents fueled by rising demand and increasingly limited supply, a real estate brokerage said. Rents for prime office space in Beijing rose 75% last year to $130 per square foot per year, the highest increase of any city in the world in 2011, according to Cushman & Wakefield. Hong Kong remains the most expensive city for office space in terms of total occupancy costs at $244 per square foot, followed by London's West End at $239 a square foot and Tokyo at $197 a square foot.
June 29, 2011 |
In terms of sedentary lifestyle, Lexington, Ky., has some explaining to do, or perhaps, some light jogging and yard work. It topped the online list of “least active” cities by Men’s Health. The city joins Indianapolis; Jackson, Miss.; and Charleston, W.Va., as the nation’s top couch potato cities. In the ranking of 100 U.S. cities, the most active one was Seattle, followed by San Francisco and Oakland. Washington was fourth, with Western cities Salt Lake City and Reno right behind.
February 10, 2012 |
Here's your fortunate-son Friday roundup of consumer news from around the Web: --Are there better cities for singles? Our friends at Kiplinger's Personal Finance crunched the numbers and found that there are, based on such stats as how many households are single versus married, whether those households are affluent enough to date, and just what a date might cost. The top city in the country to be single turns out to be Ann Arbor, Mich. More than half of the city's population is single, thanks in part to proximity to the University of Michigan.
January 6, 1995
Each month, companies across California send sales tax revenue to the state. The state then rebates 1% of the funds back to the cities where the companies are based. The money is then channeled to local governments.
June 28, 2012 |
WASHINGTON - Since the advent of the automobile in the 1920s, America's suburbs have been growing faster than cities as people fled urban life for quieter, less-crowded expanses. But new Census Bureau data indicate that, in general, cities last year grew faster than suburbs, reflecting an urban renaissance accelerated by the Great Recession. For all 51 metro areas with a million or more people, cities as a whole grew by 1.1% from 2010 to 2011, while suburbs increased 0.9%.