Tag Archives: economy

How Not To Run A Newspaper

As the recession continues without a real, job-filled end in sight, here is some interesting news about that other victim of the profit-motive, the newspaper industry. Specifically, the case of The Washington Times, a newspaper owned by the church of Rev. Sun Myung Moon, which is insane in its own right. In fact, every facet [...]

Easy Rider

Kentucky may become the new home of a Harley-Davidson manufacturing plant. According to The Courier-Journal, the flailing chopper-maker is considering relocating a 2,500 employee Pennsylvania facility to the greener, cheaper pastures of the Commonwealth.
Like many manufacturers, Harley-Davidson is consolidating in the wake of declining sales and is exploring how to cut costs with its largest [...]

Will Work For Swine Flu

In what amounts to a sound argument for taking better care of our service economy’s indentured servants, The New York Times reports that alarming numbers of H1N1-infected wage slaves are reporting to work sick because, well, they can’t really afford to miss a day’s pay in this economy.
When Latisha Carter caught H1N1 from her 6-year-old [...]

Bring Out Your Dead

If you’d like a good barometer to discern just how badly cash-strapped local and state governments are fairing across this gilded land of ‘Merica, take a peek at this:
Inside the Wayne County morgue in midtown Detroit, 67 bodies are piled up, unclaimed, in the freezing temperatures. Neither the families nor the county can afford to [...]

The Bailout: A Dramatization

Those wonks over at The Nation have rendered our government’s ongoing corporate welfare scheme, known colloquially as “Carpetbaggers 2: The Return,” in terms that the average Kentuckian can understand. (sorry: No explosions or tits!) Although their allegory, which personifies the failing financial institutions in the fictitious guise of “Joe & Katie Hazzard,” is at times [...]

Grim Unemployment News Actually Much Grimmer, If You Think About It

Yesterday the Kentucky Education and Workforce Development Cabinet (KEWDC) released some typically bleak data regarding the Commonwealth’s unemployment levels that, while legitimately bleak, don’t even come close to painting the actual, “face-of-death bleak” picture that is more in tune with reality.

YouthBuild Receives Grant, Hope

The U.S. Department of Labor has awarded a nearly $700,000 grant to YouthBuild Louisville, an organization that aids unemployed, undereducated and generally disadvantaged teens and twenty-somethings in the River City.
The grant will allow the organization, which provides job training and high school education to disadvantaged 16- to 24-year-olds, to operate for another two years.
YouthBuild Louisville [...]

Nightmare on Bardstown Road

Speaking of the economy, did you know that it’s the reason you’ve been having those terrible nightmares lately? You know: the ones in which your nuclear family is starving to death in front of your eyes because swine flu destroyed all of the world’s crops? And Johnny Depp is killed by his mattress? No?
Well, WHAS [...]

Kentucky Fried China

Earlier today we discovered that the Kentucky economy isn’t as bleak as we had assumed, and now we learn that Yum! Brands’ stock surged nearly 8% because CEO David Novak said the magic word “China” and PRESTO! another day-trader refrains from suicide. [The Courier-Journal]

Novak said Yum’s business in China, where the company has just over [...]

Metro: Banks > Mattresses

As one of eight cities participating in the National League of Cities’ ‘Bank on Cities’ program, Louisville Metro will be “encouraging” the approximately 29,000 area households without bank accounts to get one.
Although the program is modeled off one that started in Pelositown San Francisco, its basic tenets are at once tangible and morally sound: To [...]