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by 01.07.2011
 
 

Goodbye, Summertime Fun

With all the last-minute deal-making and back and forth among Cincinnati officials, some residents remain confused about details of the city's operating budget for this year. At least, that's the impression CityBeat gets based on its feedback.

Among the most asked-about items is exactly which city-owned swimming pools are affected by budget cuts to help reduce Cincinnati's $54.7 million deficit. In all, 19 of its 33 pools won't open next summer.

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by 12.03.2009
Posted In: Media, Financial Crisis, Business at 04:17 PM | Permalink | Comments (1)
 
 

More Enquirer Furloughs on the Way

2010 already is beginning to look a lot like 2009 at The Cincinnati Enquirer.

In a memo issued Dec. 1, an executive with The Gannett Co., The Enquirer’s Virginia-based owner, wrote that newspaper employees must take another five-day, unpaid furlough within the first quarter of the year. Bob Dickey, Gannett’s U.S. community publishing president, blamed the continuing weak economy.

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by 10.16.2008
Posted In: 2008 Election, Bailout, Financial Crisis at 02:53 PM | Permalink | Comments (2)
 
 

‘Truth Squading’ in OH-1

This week’s issue of CityBeat profiles three of the candidates in the hotly contested race for Ohio’s 1st Congressional District seat. Not surprisingly, two of the candidates are claiming that the other misrepresented or distorted his views.

The campaign of Republican incumbent Steve Chabot took umbrage at a paraphrased statement from his Democratic challenger, Steve Driehaus, that pertained to housing issues. It read, “Worse, Chabot hasn’t proposed any legislation that would help the wave of foreclosures and resulting blight that has swept the West Side over the past few years.”

Katie Fox, Chabot’s spokeswoman, noted the congressman addressed the foreclosure and mortgage crisis by passing a bill in December in a compromise with U.S. Rep. John Conyers (D-Mich.) that gave bankruptcy judges the discretion to modify the value of a mortgage to the true market price and to adjust the interest rate. It applied only to debtors who file for Chapter 13 bankruptcy and lack the income to pay their expenses, according to The Hill newspaper.

The Driehaus campaign responded by pointing out the statement referred to Chabot’s entire 14-year period in office, and specifically stated that the mortgage crisis was causing blight on Cincinnati’s West Side for years before Chabot acted.

Meanwhile, Driehaus also is criticizing TV commercials that Chabot and the national Republican Party are airing that allege Driehaus hasn’t taken a stance on the $850 billion Wall Street bailout plan approved recently by Congress. Chabot opposed the plan.

Driehaus says he’s made it clear he would’ve reluctantly voted for the plan had he been in Congress. “We had to do something, but I think it’s ridiculous that pork spending was put into this bill,” he said. “It would be irresponsible for Congress to allow the financial markets to fail.”

Further, Driehaus criticizes local republicans for waging a whisper campaign alleging that he doesn’t support Barack Obama, the Democratic Party’s presidential nominee. Some West Side residents perceive Obama as too liberal for their tastes. Driehaus has appeared at events with Obama, and his Web site features a photograph of him with the Illinois senator.

Not everyone’s convinced of Driehaus’ sincerity, though. Democrat Eric Wilson, an outspoken Obama supporter who’s running for the seat as an independent write-in candidate, said, “I know the political games. You go to the West Side of town and don’t mention Obama’s name at appearances.”

— Kevin Osborne

 
 
by 03.17.2009
Posted In: News, Financial Crisis, Community at 12:25 PM | Permalink | Comments (4)
 
 

Yes, They Paid

This week’s issue of CityBeat, which hits the streets Wednesday, features a Porkopolis column about the “Cincinnati Tea Party” rally held last weekend on Fountain Square.

As is often the case, space constraints prevented us from including all the information gathered for the column. One bit that didn’t make the cut answered a common question we received from skeptical callers about the event: Did organizers pay to use the square, and did they have the required insurance?

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by Kevin Osborne 09.21.2011
 
 
seal_of_cincinnati,_ohio

Candidates On: Balancing the City's Budget

As CityBeat did in the 2007 and 2009 election cycles, we’ve once again sent a questionnaire to the non-incumbent Cincinnati City Council candidates to get their reactions on a broad range of issues.

Nine of the 14 non-incumbents chose to answer our questions. Others either didn’t respond or couldn’t meet the deadline.

During the next few weeks, we will print the responses from the non-incumbents to a different topic each time.

Today’s question is, “With the city facing a potential $33 million deficit next year, what specific cuts and/or revenue enhancements would you propose or support to eliminate the shortfall?”

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by 12.20.2010
 
 

Note to City Council: Just Say No

Two far-reaching ideas by Cincinnati's fly-by-the-seats-of-their-pants City Council is being sharply criticized by people with extensive experience in policing issues.

As City Council acts surprised about a $58 million deficit that's loomed on the horizon for months, an amount that's only fluctuated slightly due to changing revenues, members last week proposed abolishing the Cincinnati Police Department's patrol bureau and contracting those services to the Hamilton County Sheriff's Office.

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by Kevin Osborne 12.02.2011
 
 
steve_chabot,_official_109th_congress_photo

Mr. Chabot, Meet Mr. Will

As far as conservatives go, I can tolerate columnist George Will and often enjoy reading his work. Unlike most of what passes as conservatism today, Will tends to base his arguments on logic and fact, not emotion and rhetoric.

Making him even more of an anomaly in Republican circles, Will acknowledges and corrects his errors, when he makes them. As an added bonus, he's also a deft wordsmith.

Despite his many years in office, Congressman Steve Chabot (R-Westwood) could stand to take a few pointers from Will. Chabot, chairman of the House Foreign Affairs Subcommittee on the Middle East and South Asia, spoke during a hearing Wednesday about his concerns with a total withdrawal of U.S. troops from Iraq by year's end.

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by 01.05.2011
Posted In: Media, Financial Crisis, Business, Community at 10:40 AM | Permalink | Comments (0)
 
 

More Furloughs at The Enquirer

The new year already is looking a lot like the old one for employees at The Enquirer.

Workers at Cincinnati's only remaining daily newspaper got some bad news Wednesday: They can expect to take another five-day furlough during the first quarter of 2011. Robert J. Dickey,  who is U.S. newspaper division president at The Gannett Co., The Enquirer's parent firm, announced the latest round of furloughs in a memo sent to workers.

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by Kevin Osborne 04.03.2012
Posted In: News, Media, Business, Courts, Financial Crisis at 04:52 PM | Permalink | Comments (1)
 
 
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Media Companies Face Rough Times

Clear Channel has layoffs, while magazine owner seeks court's help

It’s a tumultuous time in Greater Cincinnati’s media scene. In addition to The Enquirer’s ongoing staff shakeups, troubles abound at Clear Channel Communications and at the firm that owns Cincinnati Magazine.

This all occurs just a month after the recent sale of CityBeat to Nashville-based SouthComm, Inc.

Clear Channel, which owns the most radio stations in the local market, laid off several employees last week.

Among the people who were let go were Tony Bender, the program director for WKRC (550 AM) and WCKY (1530 AM); Sherry Rowland, promotions director for WLW (700 AM); Mark Bianchi, digital sales manager; and traffic reporter Brian Pitts. The staffers reportedly were laid off due to budget cuts.

Based in San Antonio, Texas, Clear Channel owns 850 radio stations across the United States, making it the nation’s largest radio station group owner both by stations and revenue. Locally, the media giant owns the previously mentioned WKRC, WCKY and WLW, along with WEBN (102.7 FM), WKFS (107.1 FM) and WSAI (1360 AM).

If you're in the media and need a job, you might want to consider applying to become The Enquirer's new sports editor. The last editor, Barry Forbis, recently quit to work for Fox Sports in Los Angeles. Here are the requirements for the job.

Meanwhile, Emmis Communications Corp. — which owns Cincinnati Magazine — is struggling to keep its stock listed on the NASDAQ exchange while the firm’s owner is being roundly criticized for asking an Indiana court to approve a plan to vote so-called “dead shares” of the company.

Indianapolis-based Emmis is seeking to vote the shares of preferred stock that the company had bought from shareholders at a sizeable discount. Typically, such shares are considered “extinguished” and no longer viable under tax and accounting rules. But Emmis executives said the shares weren’t actually bought, they merely were part of a “total return swap.”

If a judge agrees, Emmis will be able to vote those shares and convert its remaining preferred stock into common stock, so it doesn’t have to ante up the cash for unpaid dividends.

To deal with its financial problems, Emmis has borrowed a total of $31.9 million from controversial businessman Sam Zell, chairman of Equity Group Investments, to help keep the firm afloat.

Besides Cincinnati Magazine, Emmis owns similar publications in Atlanta, Indianapolis, Los Angeles, Austin, Texas and elsewhere. Also, it owns radio stations in New York, Los Angeles, St. Louis and Terre Haute, Ind., as well as in Bulgaria and Slovakia.

 
 
by 02.25.2009
Posted In: Government, Financial Crisis, Bailout at 10:56 PM | Permalink | Comments (0)
 
 

Driehaus Pissed at Partying Bank Getting Federal Funds

U.S. Rep. Steve Driehaus, about two months into his new job representing Ohio's 1st District, is one of 18 Democratic members of the House Financial Services Committee to send a letter to the CEO of Northern Trust in Chicago warning him to stop spending federal TARP bank bailout money on golf tournaments, parties and posh hotels. Committee Chairman Barney Frank initiated the letter to "insist" that the CEO "immediately return to the federal government the equivalent of what Northern Trust frittered away on these lavish events."

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