NEWS
By Peggy Rowe | July 4, 2011
The two seemingly unrelated events took place only a day apart. On the 19th of June, a 22-year-old Northern Irishman waved his putter in triumph on the 18th green of the Congressional Country Club in Bethesda. A day later, at the Park Shore Centre Government Building in Charleston, S.C., a petite, 41-year-old Thai immigrant waved her small American flag and held up her Certificate of Citizenship. The golfer's victory was shared by a gallery of thousands. Millions watched worldwide as the young man broke records and told the press he had realized the dream of his short lifetime.
NEWS
By Ron Smith | May 12, 2011
Uncharacteristically, I want to begin this column with some good news on the economic front, though it will be brief: Across the country, state tax revenues are rising substantially, indicating there is a real recovery going on. For the spendthrift federal government, tax receipts rose by $110 billion, or 9.1 percent, in the first seven months of fiscal 2011. In telling us this, The Wall Street Journal says the bad news is that the federal deficit increased a record $871 billion, a $71 billion dollar bump, because spending went up $181 billion, or 6.4 percent.
BUSINESS
By Maryalice Yakutchik and Maryalice Yakutchik,Special to The Sun | July 24, 1994
If it's for love -- if you can envision raising kids or growing old there -- then by all means, buy a house if you are able, says Mitchell Levy, author of "Home Ownership: The American Myth."But if it's for money, then he advises to think again and consider, of all things, renting."I'm telling people to get back to the old-fashioned idea that a house is a home, and not necessarily an investment," said Mr. Levy, a manager with Sun Microsystems Inc., in Palo Alto, Calif.If owning one's home is tantamount to the American dream, certainly renting is not the financial nightmare many have made it out to be, he says.
NEWS
By Los Angeles Times | July 23, 1992
DALLAS -- Warning that the United States is "on the edge of a severe recession or depression," Ross Perot is urging the nation's leaders to "get started now" on revitalizing the economy, adding that he may soon run television ads to highlight the dangers of not taking tough measures immediately.At the present rate of decline, he declared yesterday, "The American dream is gone."But Mr. Perot also expressed optimism that economic revitalization can be achieved. "We can do it now. And if we do it carefully and do it well, we can avoid an economic catastrophe," he said in the first interview he has given to a newspaper since quitting the race abruptly last Thursday.
FEATURES
By Stephen Franklin and Stephen Franklin,Chicago Tribune | August 31, 1993
How does this lament strike you?Our pay raises are zilch, and our job security is history.Our bank accounts are skimpy. Our debts are hefty, and our dreams of buying a first house or a bigger house or affording the kids' college bills are mirages.We got the right degrees. We worked hard. We played by the rules. But our days are not the sunny ones we or our parents expected.If you are nodding in agreement, then you belong to the generation of disgruntled baby boomers who, according to Katherine Newman, will be the first since the Great Depression not to do better financially than their parents.
NEWS
By Samuel Staley | November 27, 2001
LOS ANGELES -- I was more than a little embarrassed. Owls were desperately trying to deliver Harry Potter's acceptance letter to Hogwart's School of Wizardry and Witchcraft, and I was thinking about -- urban sprawl! Harry's mean-spirited and middle-class adopted family, the Dursleys, live at No. 4 Privet Drive. The Dursleys, however, don't live in the heart of London, or in a middle-class urban neighborhood. Nope, they live in decidedly suburban England, in a townhouse attached to four or five other homes of the same style.