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Monday, April 19, 2010

For better? or worse?

[I didn't finish this edition. Too busy the last 2 weeks of tax season. Furthermore, after careful consideration and deliberation, I have decided to discontinue Rio Grande Report. After several attempts to interest local public figures, and to recruit contributors and volunteers, it seems there is little interest in establishing a street paper here in SLC. I have not abandoned those efforts which will see our city have such a paper in print. I have decided that trying to elicit interest through the blog has been fruitless, and no longer can spare the time and effort as a staff of one.]

your ed.

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I can't decide whether things are getting better or worse. There's been good new from financial sectors and on Wall Street. So I guess the fat cats will be richer again one day soon.

But how does that affect homeless people and others living in poverty? It seems the second the graphs go into the red, State and Federal governments start to cut services that help the truly needy. the poor suffer more during a recession than anyone else. They are suffering every day. If they have anything at all, is it very little.

Do you think it's right that the poorest people lose what little support they are entitled to while tens of bilions of dollars bailed out financial institutions and rewarded incompetence with huge executive bonuses?

Utah

Utah unemployment rate rises to 7.2 percent from msn.com and Associated Press

Nation

This article was reported by Alain Sherter for MarketWatch. It's Part 1 of a two-part series. To read Part 2, click here.

Home seizures by banks set record by Melinda Fulmer of MSN Real Estate msn.com

Homeless man lives on rewards points by Karen Datko msn.com

From homeless drug user to millionaire from Inc.com

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