Word: nationalizes
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...feel-good, it's-worth-paying-more-for-local matter. A number of researchers and organizations are taking a closer look at how money flows, and what they're finding shows the profound economic impact of keeping money in town-and how the fate of many communities around the nation and the world increasingly depend...
...There's also the matter of local/regional resilience. Says Witt: "While now we're largely a service-providing nation, we're still just a generation away from being a nation of producers. The question is: what economic framework will help us reclaim those skills and that potential." Say, for example, the exchange rates change or the price of oil rises (and it has started to creep up, if not at last summer's pace) so that foreign-made goods are no longer cheap to import. We could find ourselves doubly stuck because domestic manufacturing is no longer...
...nation limps through the recession, many towns and cities are hurting. "Buy-local" campaigns can help local economies withstand the downturn. Says Boyle: "For communities, this is a hopeful message in a recession because it's not about how much money you've got, but how much you can keep circulating without letting it leak...
...merger result in lower ticket prices for the public? Phillips said Live Nation has a history of being "aggressive" with pricing. "We walked away from bidding on Fleetwood Mac because we thought the guarantee was too high and what we'd have to charge the public would be too much," he said. Mickelson noted that Live Nation's new ticketing company introduced service fees that were even higher than Ticketmaster's: "A Coldplay ticket at a Ticketmaster building had a $15 service charge, and the same Coldplay ticket at a Live Nation ticketing venue had a $21 service charge...
...1990s. But Ticketmaster has its fans - Smashing Pumpkins' Billy Corgan sent Congress a letter gushing support for the proposed merger. The letter was an about-face for Corgan, who in the past was critical of Ticketmaster's system and opted to use Jam Productions instead of Live Nation for some of his tours. However, Corgan is now a client of Azoff's Front Line artist-management company within Ticketmaster...