One bright spot in the gloom of a struggling economy is that my e-mail inbox seems to be full of advice about how best to weather the storm. The latest self-help salvo came from the National Endowment for Financial Education and touted “Five Things to Resist Doing in a Turbulent Economy.” And even though the list of “don’ts” seems fairly commonsense-esque after reading through them, a little positive (or would it be negative?) reinforcement never hurts.
ST. LOUIS, Mo. – Changes to federal bankruptcy laws are making an impact. It is difficult to tell who has benefited from the tightened regulations. The one certainty is that it has not been lawyers or families attempting to make financial ends meet. According to a report issued earlier this month by the National Bankruptcy Research Center and banking analysts Lundquist Consulting Inc., first quarter bankruptcy filings for 2006 plunged 73 percent when compared to the first quarter of 2005. The reduction, from 381,743 cases to 102,949 cases, is directly attributed to changes in the law that took effect late last year with passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.
Got some good news from my friends at Challenger, Gray & Christmas this week. Apparently, despite the need to cut costs during these challenging economic times, a majority of companies are working diligently to preserve employee perks, and many are still planning to hand out year-end bonus checks. (I’m keeping my fingers crossed that Colorado Publishing Co. and Dolan Media are not among the companies in the minority.)
<em>The camera don’t lie You’re coming back down and you really don’t mind You had a bad day You had a bad day — Daniel Powter</em> We’ll make that two bad days. In a row. Back to back. It started last Friday. With an e-mail. That got to my inbox at 5:57 a.m. So it was waiting for me when I logged on to my work computer at the crack of 7. The subject line: Mr SOMEONE YOU CALL YOUR FRIEND, WANTS YOU DEAD.
While the economy is dominating the headlines, concerns about health care aren’t far behind. For businesses and individuals, the two are inextricably linked: the U.S. employer-based health insurance market still provides coverage to nearly two-thirds of the population under 65.
A fire or other emergency at your business facility can pose unique problems for management, staff and the responding emergency crews. Preparation is the key to minimizing the potential for harm during an emergency situation.
How bad does our local economic situation have to get before the city, county and Pikes Peak Rural Transportation Authority decide that about $30 million of taxpayers’ money, money that would otherwise be consumed to construct one interchange at Woodmen Road and Academy Boulevard, could be used to solve a multitude of local critical health, safety and security problems — problems that are only becoming worse every day.
I constantly get into loud, energetic conversations with my gasoholic friends. Gas is too expensive, they say. I think gas is too cheap. Until it costs so much that people are forced to use public transportation, they won’t do it, I argue — cars are just too convenient. But, my friends say, American cities are not like Munich or Paris or Prague. They’re spread out. But, I say, for public transportation to work, we have to do our part, too, and actually use it.
I’m not a very big fan of unions. Never have been, despite the fact that the majority of the folks who lived in the small Texas town where I grew up worked at chemical manufacturing plants or refineries and were card-carrying union members. In their early days, I do think that unions served a purpose and actually helped the common workers by providing them with an organized voice. However, today I see unions as organizations more concerned about themselves and their administrators and officers and their pet projects or causes. (And let’s be honest, there are enough ambulance-chasing lawyers out there looking for work that most companies try to do the right thing just to avoid frivolous lawsuits.)
It should be an interesting year in local politics, particularly at the multiple intersections of business and politics. I’ve learned from sad experience not to make specific predictions, unless you make so many of ’em that no one remembers the bad ones! So here are some guesses about 2019,...
After a few weeks off the helpful hints for surviving a turbulent economy wagon, I thought it was probably time to jump back on and pass along some additional pointers. The following advice comes from Edward A. Testa, vice president of sales at Greystone equipment lending and leasing in Burlington, Mass. What grabbed my attention was how he described the current environment.
Proponents of a city-owned downtown convention center, unable to sell their cockamamie scheme on its merits, are now trying to persuade citizens they shouldn't have the right to vote on such a project. Tom James writes in the March 16 CSBJ that Issue 200 will hamstring Colorado...