Fools gold?

March 26, 2009

Something that I’ve found myself joking about recently with my friends is that we should be selling off everything that we own that is made out of gold, whether it be gold bullion or some sort of family heirloom. That got me thinking, with gold at record prices is now the time to sell it off?

Coincidentally, the St. Louis Beacon just published an article that addresses my questions and others. To read the article click here!


Beacon-omics 101: Nationalizing troubled U.S. banks – should we be worried?

February 24, 2009

In this Mary Delach Leonard – of the St. Louis Beacon – explores what it means for the US Government to nationalize the banking system. To read this article click here or on the picture below.

Nationalizing Banks


Tip of the Day: Go to the Library (2/19/09)

February 19, 2009

Today’s Tip of the Day is about finding free resources in tough economic times. Gerald Brooks – Director of Marketing and Public Relations for St. Louis Public Library – talks about some of the resources that you can find at your local area St. Louis Public Library. Free resources are also available at St. Louis County Library. Also, click here to check out this story – written by the St. Louis Beacon – to learn more about the public library system in the St. Louis area.


St. Louis Beacon: $75 Billion for the Foreclosure Crisis

February 18, 2009

In this St. Louis Beacon article Mary Delach Leonard gets feedback from local experts about what Obama’s new $75 billion homeowner rescue plan means for Missouri. Click on the picture below to read the full article.

Foreclosure Plan


Beacon-omics 101: Jon Stewart’s not-so-crazy ‘trickle-up’ economic stimulus plan

February 16, 2009

In this St. Louis Beacon article, Mary Delach Leonard explores Jon Stewart’s ‘trickle up’ economic stimulus plan with St. Louis Federal Reserve Economist Bill Emmons.  To read this article click here or on the picture below.

Trickle Up


St. Louis Beacon: East-West Gateway to play major role in economic stimulus funds…

February 10, 2009

 The St. Louis Beacon just published a story with good news for East-West Gateway Council of Governments. According to the report they will be the recipients of federal dollars from the economic stimulus package. They will be responsible for distributing these funds to local counties and municipalities for various initiatives. You can read the full article by clicking here.

Stephen Acree, Executive Director and President of the Regional Housing and Community Development Alliance, talks about the uncertainty of the current economic stimulus proposals and what they mean for his organization:

It seems that significant amounts of funding for transportation-related projects will only be available through East West Gateway and there is a very short window of opportunity for applications.  At this time we are uncertain what the timing constraints will be for obligation of funds–the House version says 120 days, while the Senate version says 1 year for local projects, and this will probably not be decided before the EWG applications are due.  We assume, though, that projects that can start faster will likely have a better chance of being funded. 

RHCDA has also received funding from East-West Gateway Council of Governments on other projects:

The streetscape enhancements we are doing for our Crown Square development in Old North St. Louis are being funded in part through a $1.5 million Federal Transportation Enhancement Grant through East-West Gateway that we applied for when we were planning the development.

Organizations looking to apply for this funding should click on this link to get directed to the East-West Gateway application website.


Beacon-omics 101: Is this fair?

February 10, 2009

Click here to read a St. Louis Beacon content on the fairness of the TARP and proposed economic stiumulus package.