CALIFORNIA | LOCAL
April 26, 2013 |
Dave Gold launched his 99 Cents Only Stores empire in Los Angeles at age 50 after mulling over the idea for over a decade. The thrifty entrepreneur took the dollar store concept and introduced it to middle-class and upscale neighborhoods. In the process, he created a chain that has become a mainstay for families squeezed during hard times or those who simply love a good bargain. Gold died Monday at his Mid-Wilshire home from an apparent heart attack, said his son, Jeff Gold. He was 80. Long before dollar stores dotted many street corners, Gold opened the first 99 Cents Only store in Los Angeles in 1982.
March 21, 2013
Re "Remodeling the world's moral map," Opinion, March 17 Shame on Richard Rodriguez. Drug addiction is not immoral, and neither is what he terms "depleted biological energy. " He writes that "as religious belief declines, so does the biological dynamism of a nation. " With increased education comes more enlightened and intentional decision making. Rodriguez's caricatured white European isn't so much choosing "between a Volvo and a Saab" as much as choosing between a single college-educated child enjoying the same standard of living in the middle class of his parents and three ill-prepared children struggling in the lower class.
March 13, 2013 |
Both Republicans and Democrats say concern about the middle class is at the heart of the ongoing, vituperative debate over taxes, entitlements and fiscal discipline, but the political spat never seems to honestly address the gaping and growing class divide in the United States. As politicians in Washington slam one another over competing budget priorities, most avoid facing up to the disturbing question behind all the numbers: Is the American Dream temporarily stalled or permanently kaput?
February 19, 2013
Re "Home seekers edged out in Inland market," Feb. 17 On the one hand, it is truly heartbreaking to read that the efforts of qualified young professionals to buy homes are being thwarted by investors offering all cash, "some backed by Wall Street war chests. " On the other, it is absolutely revolting that greedy investors are so anxious to flip properties and make even more money that they are cheating the next generation of what they themselves are so lucky to enjoy: homeownership.
February 13, 2013 |
ASHEVILLE, N.C. - From a factory floor at a recently reopened vehicle parts plant, President Obama on Wednesday set out to sell the economic proposals he unveiled in his State of the Union address, while Republicans in Washington objected to his ideas. "Our job as Americans is to restore that basic bargain that says if you work hard, if you're willing to meet your responsibilities, you can get ahead," Obama told factory workers, repeating a key theme of his Tuesday night speech. The president's stop in North Carolina was the first on his three-day tour to promote his priorities.
February 13, 2013 |
ASHEVILLE, N.C. -- President Obama on Wednesday called on Congress to help create "global centers" of high-tech jobs across the nation as part of a larger economic plan he says will spur American manufacturing and expand the middle class. After touring the Linamar auto parts factory here, Obama told a crowd of workers and customers that the Canadian company's decision to open the facility is part of a migration of jobs to the U.S. that the federal government should try to support.
February 12, 2013 |
WASHINGTON - In the first State of the Union address of his second term, President Obama tried to breathe new life into his economic agenda, offering measures to spur growth and urging Congress to revive stalled talks over deficit reduction. Entering his fifth year presiding over a flagging economy, the president declared the restoration of a strong middle class "our unfinished task" and called on a deeply divided Congress to find "reasonable compromise" to solve the nation's lingering fiscal ills.
February 8, 2013 |
In my Wednesday column , I argued that the federal tax deduction for home mortgage interest should be trimmed -- because instead of helping first-time homeowners, a worthy public policy goal, it mostly subsidizes big mortgages. I wasn't surprised to learn that a lot of readers disagreed. Angry emails flooded in. Many of the objections were well reasoned, although one reader just called me a Marxist. He must not have noticed that Mitt Romney, who's not a Marxist, also proposed capping the mortgage deduction -- actually, all itemized deductions -- during his presidential campaign.
February 2, 2013 |
RIO DE JANEIRO - A beautiful young woman who returns to her hometown to take revenge on her evil stepmother. Dark love triangles, fiery obsession and the casual sensuality of a free-spirited young woman. A murder mystery. Intrigue. An underdog soccer team. Nothing else captures the attention of Brazil like its telenovelas, massively popular nighttime soap operas. Except perhaps for the World Cup, there is nothing else that brings the country together like the carefully polished big-budget dramas.
January 20, 2013 |
ATHENS - Two security guards were injured in a bomb blast at a shopping center a few miles north of the Greek capital Sunday, stoking new fears of escalating violence and extremism in the economically stumbling nation. The attack on a state bank branch in a massive shopping mall came less than a week after masked men opened fire with an AK-47 and a revolver on the headquarters of the governing New Democracy party, targeting the office of its leader, Prime Minister Antonis Samaras.