Word: localizes
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...ready availability of free news online; and the limitations of the corporate parent - although Hearst, which owns 16 daily papers and another 16 magazines in the U.S., is one of the sturdier media giants. The P-I's main rival, the Seattle Times, is owned by a local family and is enmeshed with the P-I in a joint operating agreement. It, too, is in dire straits. Seattle, noted Horsey and others, could become the first major U.S. city without a daily newspaper...
...seem extreme until one ponders the attacks in Mumbai two months ago. Ten terrorists killed 173 and paralyzed a city of 13 million for three days, armed with little more than automatic weapons, grenades and cell phones. "Certainly, the Mumbai attacks ought to be understood clearly down to the local level," said Renuart. What got his attention - and that of everyone planning security for Obama's inaugural - is how quickly a band of terrorists could "hold a fairly large city hostage." Banning umbrellas to help keep AK-47s off the Mall, the Secret Service believes, is a worthy trade...
Richardson's group has signed up overseas supporters and planned a series of community dinners and a potluck in honor of the Inauguration. On a recent NFL-playoff Sunday, 11 members gathered in Richardson's brick-lined den to discuss ways to improve local schools. "When we as a group put a package together to send to Barack Obama, what should we ask for?" Richardson posed the question at the start of the meeting. The answers were varied and thoughtful. Why not encourage high school students to get passports to promote foreign travel? Why not sponsor overseas pen-pal programs...
...would be smarter still to throw all that money at things we need to do anyway, which is the goal of Obama's upcoming American Recovery and Reinvestment Plan. It will include a mix of tax cuts, aid to beleaguered state and local governments, and spending to address needs ranging from food stamps to computerized health records to bridge repairs to broadband networks to energy-efficiency retrofits, all designed to save or create 3 million to 4 million jobs by the end of 2010. Obama has said speed is his top priority because the faster Washington injects cash into...
...first element will be giving money to state and local governments to offset their shortfalls and prevent them from raising taxes, slashing services and downsizing public employees. Just about every economist wants this aid approved yesterday because just as public dollars can have a big multiplier effect, public cuts that are imminent in New York, California and Florida can have a negative multiplier effect. "You can't let the safety net unravel just when people need it most," says Len Burman, director of the nonpartisan Tax Policy Center. "A lot of states have been terribly irresponsible, but this probably...