Issues/Politics
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Two years after economists and policy-makers prescribed massive
emergency injections of taxpayer dollars to stabilize the nation's
banks and a critically ill U.S. economy, a bitter aftertaste has stuck
with pessimistic voters. The discontent and anger over the bailout and economic stimulus have spilled into the political campaigns for U.S. Senate where accusations are tossed back and forth. Neither campaign seems to consider: Did the bailout and stimulus work? What were the alternatives? (illustration from sxc.hu)
Friday's employment news from the U.S. Department of Labor was sobering:Even though the nation's unemployment rate for July remained unchanged at 9.5 percent, the nation gained just 12,000 jobs overall for the month-- a drop in the economic recovery bucket. According to the report, private employers added a net total of 71,000 jobs in July, but that was offset by government cuts at the local, stateand federal levels.
Some St. Louis nonprofits that provide foreclosure counseling say that they have been counseling clients who attended NACA's "Save the Dream Tour'' last year and appear to have fallen through the cracks. Chris Krehmeyer (left) of Beyond Housing estimates that his agency has helped more than 100 such homeowners in the past year. Part 2 of two parts, 
On a miserably hot and steamy weekend last summer, struggling homeowners turned out by the thousands for an event called "Save the Dream," a multi-city foreclosure-prevention tour put on by the Neighborhood Assistance Corporation of America (NACA), a Boston-based nonprofit that touted its "same-day permanent solutions.'' Nearly one year later, it is unclear how many St. Louisans were helped because NACA has declined to share its numbers. (Part 1 of two parts)
BounceBack and Creative Comebacks are designed by the St. Louis Regional Chamber and Growth Association to help the region's displaced science, technology and engineering professionals find new jobs. It's taken months -- and months -- but Jake Callis and Leland Crenshaw are back in the labor force with hard-won advice to share. (Video inside)
The foreclosure crisis continues to drain wealth from the nation's communities of color, both in direct financial loss and in declining property values, warns a new report from a nonprofit research group. The report says that about 11 percent of African-American homeowners and 17 percent of Latino homeowners have either lost their homes to foreclosure or are at imminent risk of doing so -- a disaster that could eclipse Hurricane Katrina.Editors' Picks
- Nation
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Report finds drop in illigal immigrant population in U.S.: After years of growth, the recession and stricter law enforcement led to a decline of almost two-thirds between 2005 and 2009. | Washington Post
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Hostages released at Discovery Channel headquarters in Maryland: The suspect, James Lee, who had issues with the channel's environmental coverage, was shot and killed by police snipers. | Washington Post
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As Hurricane Earl approaches, N. Carolina expands evacuations: Earl weakened to a Category 3 hurricane early Wednesday as it whipped across the Caribbean with winds near 125 mph. | Charlotte Observer
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Murkowski concedes in Alaska GOP senatorial primary: The incumbent was defeated by Joe Miller, has never held elected office but enjoyed the backing of former Gov. Sarah Palin and the Tea Party Express. | Wall Street Journal
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- Region
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Five seek Missouri casino license: Besides two applications for spots near Chain of Rocks, the Gaming Commission got two bids for casinos in Sugar Creek near Kansas City and one for Cape Girardeau. | STLtoday
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Alternative energy group makes offer to buy ex-Chrysler plant in Fenton: The identity of the potential buyer was not released by the St. Louis County Economic Council, which made the offer public. | KWMU
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Judge allows KKK suit against Missouri to proceed: The group said denial of permission to use a pavilion at a state historic site in southern Missouri violated free speech. | AP/KMOX
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Cardinal broadcasts returning to KMOX next season: The station had aired the team's games for 51 years before the action moved to KTRS five years ago. | STLtoday
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- World
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Direct peace talks between Israel and Palestinians to resume in Washington: Issues in the long-stalled negotiations include Israeli settlements and the future status of Jerusalem. | CNN
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Four Israeli settlers, including a pregnant woman, killed in West Bank attack: It was the deadliest attack on Israelis in more than two years, coming on the eve of peace talks with the Palestinians in Washington. | New York Times
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Chilean rescuers begin drilling to reach trapped miners: The government still says it will take three to four months to reach them. | AP
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Five more American killed in Afghanistan: The latest roadside bombs and fire from insurgents raised the death toll to 19 service members since Saturday. | AP
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- Govt.
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U.S. Rep. Maxine Waters offers defense in ethics case: California Democrat is accused of steering bailout money to OneUnited Bank, which had ties to her husband. | FoxNews.com
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Congress passes $600 million bill to fund more U.S.-Mexico border security: President Obama is set to sign measure that would send 1,500 troops to border, despite immigration advocates' concerns. | Los Angeles Times
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Hispanic Republicans criticize Senate Majority Leader Harry Reid for questioning Latinos in GOP: Leaders call Reid's remarks condescending and insulting. | Politico
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Former U.S Rep. Dan Rostenkowski dies at 82: Chicago Democrat represented northwest side of town from 1959 to 1995, was chairman of Ways and Means Committe from 1981-1994. | Chicago Tribune
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- Econ.
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Discounts spur unexpected gain in retail sales in August: The numbers are providing a sliver of hope for the economic recovery, but worries still remain about the critical holiday season. | AP
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New claims for jobless benefits fall slightly, to 472,000: Applications still exceeded the 463,000 average so far this year. | Bloomberg
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A year after cash for clunkers, most automakers report drop in sales: Only Chrysler reported an increase, while GM, Ford, Toyota, Nissan and Honda had losses. | Detroit News
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Manufacturing sector grew faster in August: Rising exports overseas and demand from businesses for capital equipment and supplies have helped propel production in factories for a year. | AP
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- Edu.
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Kirkwood High School's Robert Becker is Missouri's teacher of the year: He has been sharing his love of chemistry with students since 1990. | STLtoday
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New Jersey governor fires state's education chief: He had made a clerical error that led to the state's coming up short in an effort to win $400 million in federal Race to the Top money. | Newark Star-Ledger
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Mizzou football captain suspended indefinitely after allegation of sexual assault: In court documents, a woman in her early 20s alleges Derrick Washington sexually assaulted her in June. | Columbia Missourian
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Washington U. breaks with Target over donation to Minnesota gubernatorial candidate who opposes gay rights: The university won't take part anymore in program where the retailer let students shop after hours. | Student Life
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A bad economy hits home in different ways. In this Beacon series of community profiles, St. Louis area residents share their experiences on Uneasy Street and the fight for economic security in their home towns.
Floods and Kaskaskia
Drew Canning talks with island residents Courtney "Manny" Brown and Dorothy "Dot" Brown, who recall what life used to be like on Kaskaskia Island. To read more about the island and see a larger version of the slideshow, click here .(Photos by Rachel Heidenry | Beacon intern)
Topics
Health Check | Race, Frankly | Facing the Mortgage Crisis | Uneasy Street: Granite City, O'Fallon MO, MaplewoodVoices
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Posted 2:20 pm Wed., 09.01.10
In the NewsPlanning for a trip to Mongolia, even if you already in Dalian, China, must be undertaken with care -- particularly when Woodson Gannaway plans to spend no more than $550.
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Posted 9:42 am Tue., 08.31.10
Beacon ColumnistsKira Hudson Banks asks whether the rally was meant to "reclaim" civil rights or dismiss them?
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Posted 10:57 pm Sun., 08.29.10
In the NewsRep. Todd Akin, Republican incumbent in the 2nd district, discusses specific areas, such as nuclear policy, terrorism and the way in Afghanistan, in which he disagrees with the administration's policies .
Arthur Lieber, Democratic candidate in the 2nd district, focuses on how decisions are made and seven principles, such as no will be deployed without equipment that gives them maximum safety .
Beacon Roundtable
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Posted 12:50 pm Thu., 08.26.10
In this week's Beacon Roundtable, Dick Weiss, Robert Joiner, Dale Singer and Jo Mannies sit down to talk about a setback for stem-cell research, the elected school board of St.…
Read more...
Beacon Blog
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Posted 1:40 pm Wed., 09.01.10
Editor Margaret Wolf Freivogel discusses why combat troups in Iraq and a Muslim cultural center in Manhattan are news that matters for a regional news source.
Read more...
The Lens
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Posted 12:57 pm Wed., 09.01.10
The film studios have to be fatigued from the ups and downs of another cycle of Summer! Movie! Blockbusters! Certainly, filmgoers have had enough of less-than super heroes.
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