Tomorrow, Wed. Sept. 18th at noon, Boston City Council is voting on a progressive banking ordinance that requires banks to compete for Boston's more than one billion in deposits by proving they (the bank) are investing back into the local community.
The "Invest in Boston" ordinance will ensure that the City of Boston's money is invested in banks that invest in Boston.
We should not tolerate the City of Boston banking with our tax dollars with institutions that turn around and deny qualified small businesses or city residents financing, or charge high interest (usury) rates while benefiting from our deposits.
Similar programs have been implemented in other large cities such as LA and NY, and it's time for one in Boston. Twenty years ago, Boston was a mecca for banking headquarters that provided the very investment this ordinance encourages. After decades of mergers and deregulation, large banks are based elsewhere and are not committed to strong neighborhoods or main streets.
The Invest in Boston ordinance is a simple, common-sense idea. It will stimulate the local economy by providing incentives for financial institutions to offer affordable loans to qualified home buyers and small businesses to gain the City of Boston's deposits.
When banks invest in Boston, we will see more jobs, a stronger housing market and revitalized small business districts.
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Cnn is reporting Daiichi Nuclear plant is failing and meltdown underway. Also, three randomly tested patients at hospital test positive for radioactive contamination. Sorry this is breaking so not a lot of details. Will update when more info available.
Blitzer just had a Japanese official on and he insists things are still under control. Blitzer and the other CNN journalist seem sceptical, but the chrion has been changed and no longer reads "meltdown underway".
My initial reaction is this official will end up being not up to date on what is going on over there.
Sorry to be brief, but here is a chance for Massachusetts Dailykossers to get a good look at Deval Patrick and his competition.
The debate just started. Its on WBUR (NPR) radio, and on NECN.
Your are on notice. I am a business owner and a long time customer of yours (multiple accounts since 1981). I have stuck by you through your various mergers and name changes, I have time and again renewed your services through 8 moves.
You have one week to publically address today's news that you have been providing (or plan to provide) the government with my phone records. Unless I hear firm, legally sound public statements coming from your company that Verizon will immediately cease providing the government or their agents with this information, I will be terminating all present and future business with your company.
I will be encouraging all my friends, relatives, neighbors and business associates to do the same.
I just noticed this Rasmussen Report from yesterday showing an all time low for Bush: [http://www.rasmussenreports.com
Sunday April 16, 2006--Thirty-nine percent (39%) of American adults approve of the way George W. Bush is performing his role as President. That's the lowest level of approval ever measured by Rasmussen Reports.
Sixty percent (60%) disapprove of Bush's job performance, the highest level ever recorded.
Rasmussen did not update until quite late today. They usually update by noon, but today did not post until sometime after 4:00.
The results? A new low for Bush in this Republican leaning poll.
The details found below:
I can't stand it. These people are pure evil. There is not bottom to the depths of their depravity. Michael Brown, head of FEMA just appeared on tv and actually shook his head and complained that "they were told to evacuate, and I just don't understand why they didn't follow orders" (I am paraphrasing).
There is an interesting and insightful piece by columnist Eileen McNamara in today's Boston Globe
. The column discusses Romney's position on the current stem cell research legislation in Mass, but also touches on a number of related issues: Mitt Romney's attempts to be portrayed as a moderate in Massachusetts while he simultaneously markets himself as a conservative on the national stage, and the political hijacking of ethical debate in this country.
Today there are two very important special elections taking place in Massachusetts. Both are being closely watched in and outside of the state, and should be bellweathers on the current strength of progressives in Massachusetts.
The first is the race for the 12th Suffolk seat (to replace former speaker of the house Thomas Finneran): Progressive candidates are Linda Forry and Stacey Monahan.