City Hall’s Idea of Investing in the Future: Newspapers!
Why are Philadelphia taxpayers loaning $3 million to the Inquirer?
By David Lipson
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For those of us struggling to reinvent our businesses in this lousy economic climate, I have great news for you: The City of Brotherly Love has your back. As reported in the Philadelphia Business Journal, the Philadelphia Inquirer will receive $3 million in "special loans" from the city to help finance its move to the old Strawbridge's building. This is just weeks after the Inky sold its building for $21 million to Bart Blatstein. What D.C. Has That Philly Doesn’t: Greedy Government
Business is booming in our nation’s capital
By David Lipson
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Last weekend I went to visit my kids at their college in D.C. If you haven't visited lately, the city is quite the vision to behold. The capital of the world's most powerful country should be impressive, and Washington certainly delivers. Over there the White House, just beyond the Washington Monument, over there the U.S. Capitol. We drove down Embassy Row, around DuPont Circle and through Georgetown—magnificent architecture, beautiful shops and bustling restaurants. And luxury hotels abound: Among the chains there is a Mandarin Oriental a Four Seasons and two Ritz Carltons! Also in the mix, office buildings that seem to sprawl for miles. Traffic is a complete nightmare. This town is buzzing!
























