Word: mayoring
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Boris Johnson, London's charismatic, mop-haired mayor, takes issue with the notion of overdependence, saying that the city's economy has "a very, very wide base." But he tells TIME: "The strength of the financial sector is obviously pretty important in acting as a flywheel to spin those other wheels. And I'm going to be fighting very hard to make sure that we don't in any way gum up that machine...
...touch" regulation (although bankers and regulators cringe at that phrase; they prefer to call it "appropriate" regulation). In June 2007, just days before he replaced Tony Blair as Prime Minister, Brown gave a rousing speech at the traditional black-tie dinner in Mansion House, the residence of the Lord Mayor of the City, brashly predicting "an era that history will record as the beginning of a new golden age for the City of London...
...shelter. “There’s been no government help. It comes down to the greed of the politicians,” said Murray. “This country first became owned by banks, and now government owns the banks after the bailout.” Cambridge Mayor E. Denise Simmons said she is more optimistic about the future of homelessness. “We direct all homeless people needing assistance to the multi-service center,” said Simmons. “I’m also planning on meeting with clergy and working with...
...city’s reserve, or “free cash,” funds to meet $17 million of Cambridge’s 2009 budgetary needs. The city’s reserve fund, which currently contains $91 million, is the largest in the area, said Vice Mayor Brian P. Murphy ’86-’87. For each of the past three years, Cambridge has taken $9 million of this money to reduce property tax increases. The new tax plan did not meet universal acclaim. Kathy Podgers, who frequently comments at Council meetings and is an advocate...
...front yards filled with piles of wet carpet, soaked clothes, moldy pots and pans, beach chairs and books, all water-laden, useless, even dangerous from soaking in the diseased stew, and hung about with the smell of decay. Perhaps 20,000 households share this circumstance, according to Galveston Mayor Lyda Ann Thomas...