The partnership will aid small businesses and startups through crowd funding, which connects multiple potential lenders so no single investor, including the city government, is carrying the a bulk of the burden. Since crowd funding gets more investors involved, it can also raise more money for promising startups and small businesses.
Businesses will be picked through SoMoLend’s typical application process, which emphasizes startups and small businesses. Successful applicants usually have 15 or fewer employees, meet a few standards regarding business and personal finances and prove they actually need a commercial loan. In the past, businesses have raised as much as $1 million in loans with SoMoLend.
Applicants will also have to go through the city’s application process. The city government will look at how many jobs are created, what’s the capital investment involved, how much the city will give relative to private lenders and other similar metrics.
Even as the economy recovers, small businesses and startups are having a tough time getting loans in comparison to bigger businesses. So the focus on small businesses and startups is in part to bring beneficial fairness to the system, says Meg Olberding, city spokesperson. “Access to capital at all levels has to happen. And the city government feels like small businesses are key to growth in our local economy.”
The partnership’s focus on startups is economically sound. Governments and politicians love to herald small businesses as the drivers of economic growth, but studies suggest startups are more deserving of the praise. A paper from the National Bureau of Economic Research found that young small businesses, or startups, are the key drivers to economic and job growth.
As for why SoMoLend was picked over other platforms, Olberding says location and history played a role: “It’s a local small business, so it’s … demonstrating what we’re talking about. It’s also a demonstrated success in terms of bringing viable businesses to the market.”
The partnership is part of an ongoing effort to spur small businesses and startups in Cincinnati. SBAC was created in 2012 to pave a clearer, better path that encourages such businesses in the city. SBAC reviewed, gave feedback and approved the new partnership earlier today.
Councilwoman Yvette Simpson, head of SBAC, praised the partnership in a statement: “I am excited that the SBAC approved the city’s new partnership with SoMoLend today. By making city lending more efficient and expanding the network of small businesses receiving city assistance, this new partnership fits well into the SBAC’s goal of making Cincinnati a better place for small business.”
Several groups are teaming up to sponsor a forum on Friday for candidates running for Cincinnati City Council.
So far, seven candidates — including one incumbent — have indicated they will attend the session. They are Councilman Wendell Young, a Democrat; Nicholas Hollan, Jason Riveiro, Chris Seelbach and P.G. Sittenfeld, also Democrats; and Kevin Flynn and Yvette Simpson, who are Charterites.
When CityBeat profiled the American Legislative Exchange Council (ALEC) in May, just after the conservative organization held a private meeting in Cincinnati, some of its members downplayed conspiracy theories about the group and its love of secrecy.
Fueled by corporate donations, ALEC is credited with working quietly behind the scenes to draft legislation that can then be introduced by elected state lawmakers. Among its efforts, ALEC spearheaded the push in Ohio, Wisconsin and elsewhere to introduce bills that limited or abolished collective bargaining rights for public-sector labor unions.
The membership list that contains the names of the roughly 2,000 state legislators and about 300 private-sector supporters who belong to ALEC is kept confidential.
State Sen. Bill Seitz (R-Green Township), who sits on ALEC's board of directors, noted in the CityBeat article that the identity of its sponsors aren't kept secret. They include the American Petroleum Institute, R.J. Reynolds Tobacco Co., Coors and the National Rifle Association.
Now with the help of Aliya Rahman, an activist based at Miami University in Oxford who organized the Cincinnati protest, The Nation magazine has obtained more than 800 documents representing decades of ALEC's model legislation. The treasure trove of materials is featured in The Nation's Aug. 1-8 issue, which currently is on sale.
[UPDATE: Read more about Rahman's path to unearthing the documents here.]
In conjunction with the Center for Media and Democracy, The Nation asked policy experts to analyze this never-before-seen archive.
As The Nation's John Nichols writes, “Inspired by Milton Friedman’s call for conservatives to 'develop alternatives to existing policies (and) keep them alive and available,' ALEC’s model legislation reflects long-term goals: downsizing government, removing regulations on corporations and making it harder to hold the economically and politically powerful to account. Corporate donors retain veto power over the language, which is developed by the secretive task forces.”
A full archive of the exposed ALEC legislation is available here.
“Dealing in this state, for example, you think so much about
the painful days in the deep South — the overt schemes to deny the right to
vote,” Jackson said on Tuesday, the last day to register to vote in Ohio.
“We saw Ohio as a kind of beacon of light, the beacon of hope once we ran across the river coming north. This year we’ve seen Ohio and Pennsylvania take the lead in trying to purge voters and suppress the vote to determine the outcome.”
Jackson’s comments came on the same day Ohio Secretary of State Jon Husted appealed to the U.S. Supreme Court the Six Circuit Court of Appeals’ decision to allow early in-person voting on the three days before Election Day.
The three days had previously only applied to military personnel and their families.
Republicans like Husted have cited cost as the reason to not allow in-person voting on the three days before the election. But in an Aug. 19 email to The Columbus Dispatch, Franklin County Republican Party chairman Doug Preisse said “I guess I really actually feel we shouldn’t contort the voting process to accommodate the urban — read African-American — voter-turnout machine.”
Pennsylvania, meanwhile, tried to require voters take a photo ID with them into the polls. A state judge blocked the law from going into effect for the 2012 election.
Jackson said restrictions as to who can vote when and where undermine the purpose of democracy.
“Open access, free, transparent voting makes democracy real,” he said.
Flanked by a tapestry portraying President Barack Obama, Jackson touted the president’s accomplishments in his first term and urged those assembled to give him a second.
Jackson was in Toledo Oct. 5 pushing early voting. He said he was in Cincinnati because “Ohio matters” and he saw it as a way to penetrate Appalachia because “poverty is not just a black problem.”
The Ohio Democratic Party has filed a lawsuit against Gov. John Kasich — who they claim is improperly using his office to campaign for presumptive GOP presidential nominee Mitt Romney — to get the governor to release his schedule of public events.
The ODP’s lawsuit, filed Tuesday in the Franklin County Court of Common Pleas, contends that Kasich’s office either ignored or only partially fulfilled the request.
“It’s unfortunate that this Governor is so opposed to transparency and public disclosure that we have to ask the Court to force him to follow the law,” ODP Chairman Chris Redfern said in a statement.
“Serious questions remain regarding whether the Governor has improperly used his office for the benefit of Mitt Romney, and it’s deeply disappointing Kasich is so secretive he won’t even tell the public what he’s done or where he’s gone.”
Kasich press secretary Rob Nichols said the administration doesn’t comment on litigation, but dismissed the Ohio Democratic Party’s allegations.
“We release public records in accordance with the law, and in fact have already publicly released the governor’s schedule six times, including a schedule request to the ODP,” Nichols said.
“This is predictable election year politics from the same people who were just rebuked for using public records demands to interfere with the Auditor of State’s investigation into possible data manipulation in some school districts.”
Ohio Democratic Party spokesman Jerid Kurtz said Kasich’s office did respond to one of the seven requests for the schedule, but some of the information in the records was redacted — including an entire week that was blacked out with no explanation.
“Ohio law is very clear, and it states you have to give a specific excuse when you redact something,” Kurtz said.
According to the lawsuit and court documents, the ODP requested on July 2 Kasich’s public schedule from that date through Aug. 27.
According to a letter to the Ohio Democratic Party from Mehek M. Cook — assistant chief counsel to Kasich — the information about the governor's future plans was blacked out because that information could put him at risk.
“The governor and his office receive threats on any given day and the release of his whereabouts increases security issues surrounding the governor’s safety,” Cook wrote.
Cook wrote that any information in the records used by the Executive Protection Unit assigned to guard Kasich constitutes a security record and was redacted.
He also wrote that some information that would reveal confidential business meetings and trade secrets that would harm Ohio efforts to court businesses was blacked out. Additionally, information not relevant to the request was redacted.
Kurtz said it’s important that the public have access those schedules because voters have a right to know what their governor is doing on the public dime.
The schedules include where the governor is and with whom he meets, but they also show scheduled phone calls and media interviews.
The Ohio Democratic Party worries that Kasich is improperly campaigning for Romney while receiving a taxpayer-funded paycheck, or using public money to have his staff do so.
The concerns stem from statements made by Kasich both in public and on his Twitter account either praising the presumed Republican presidential nominee or slamming President Obama.
For instance, The Plain Dealer in Cleveland reported that when Obama visited Ohio on Aug. 1 the governor tweeted “On the occasion of the President's latest visit to Ohio, we have a question for him,” with a link to a graphic asking “If the President's policies are behind Ohio's success, why is the rest of the country trailing us?”
Democrats claim that Ohio’s success relative to the rest of the country are due to efforts by President Obama, while Republicans say Governor Kasich is behind Ohio’s faster-than-average recovery.
While the Ohio Democratic Party is suing to have Kasich release his public schedule (Kurtz says Attorney General Mike DeWine and Auditor Dave Yost complied with similar requests in a timely manner) the state Republican Party has also submitted similar requests to Democrats throughout Ohio.
Kurtz characterized the GOP requests as being sent by Kasich’s “hand-picked lieutenants in the Ohio Republican Party,” though Nichols told The Plain Dealer that the governor had no involvement.
Ohio GOP executive director Matt Borges told the newspaper that the requests were routine.
Still, Kurtz called Kasich’s refusal to release his own schedule “hypocritical.”
“He’s a bully and the only way you can deal with a bully is fighting back.”
Hold onto your hats, kiddies! Those trying to repeal “Don’t Ask, Don’t Tell” have a new supporter on their side. And it’s not at all who you would expect.
It’s former Vice President Dick Cheney! That’s right, the Dick Cheney. In a shocking twist on the debate of whether or not gays and lesbians should be allowed to serve openly in the military, Dick Cheney came out on Sunday with an answer more surprising than a gunshot to the face.
He said yes!
His direct quote as seen on ABC’s This Week in regards to whether it was time to let gays and lesbians serve openly in the military is as follows, “Well, I think the society has moved on. I think it’s partly a generational question. I say I’m reluctant to second-guess the military in this regard because they’re the ones who have got to make the judgment about how these policies affect the military capability of our, of our units. And that first requirement that you have to look at all the time is whether they’re still capable of achieving their mission and does the policy change i.e. putting gays in the force, affect their ability to perform their mission. When the chiefs come forward and say we think we can do it, then it strikes me that it’s time to reconsider the policy. And I think Admiral Mullen’s said that.”
Now while this doesn’t exactly mean Cheney will be out there with his daughter in June wearing his Pride shirt through Northside, it is a surprising glimmer of hope from a very unlikely source. Considering his opposition just last year to a federal amendment to allow gay marriage, rather than going with state by state decision, his position on DADT seems a fraction bolder than the Cheney we are used to. But then again, we have heard this sort of vague support of what our military leaders deem the right course of action before.
On October 18, 2006, Senator John McCain appeared on MSNBC and was quoted as saying that if the military’s leadership thought it time to change the current policy, then he would have to “consider seriously changing it.” Not exactly a strong stance on the issue one way or the other, but significantly different to his current position. For despite Joint Chiefs of Staff Chairman Mike Mullen’s support of the repeal, stating in his testimony to Congress on February 2 of this year that, “allowing gays and lesbians to serve openly would be the right thing to do,” John McCain stands in firm opposition.
“Don’t Ask, Don’t Tell has been an imperfect, but effective policy,” McCain said to Congress, in response to the efforts to repeal. “And at this moment, when we’re asking more of our military than at any time in recent memory, we should not repeal this law.” Hmm… Funny McCain should bring up memory, since his seems to have a three year expiration.
Whether or not Cheney will offer any real support to the issue of repealing “Don’t Ask, Don’t Tell,” that remains to be seen. But for now, he has earned himself a slightly more progressive title than Senator John McCain. That’s kind of like cringing a little less than the guy he’s watching Brokeback Mountain with. But hey, it’s one more “in favor” than we had before.
A ruling that resulted in a temporary halt in Ohio executions last week means there are 148 inmates on Ohio's death row with uncertain futures. Ohio's death penalty is currently under scrutiny, largely due to opposition that's been raised from documented failures to follow protocol in state executions.
In January, Federal District Court Judge Gregory Frost of Newark, Ohio halted condemned murderer Charles Lorraine's Ohio execution because Ohio has allegedly demonstrated problems over the last several months upholding the execution protocol the state put in place itself in 1981. On Feb. 8, the U.S. Supreme Court upheld Frost's decision, saying that because Ohio had been proven to stray from its own execution policies, it couldn't be trusted to carry out Lorraine's execution or any other death sentences. The next execution in Ohio is scheduled for April.
Frost is one of several advocating for the abandonment on Ohio's death penalty. "For close to eight years, the Court has dealt with inmate challenges to the constitutionality of Ohio’s execution protocol. During that time, the litigation has morphed from focusing primarily on allegations of cruel and unusual punishment to allegations of equal protection violations. Ohio has been in a dubious cycle of defending often indefensible conduct, subsequently reforming its protocol when called on that conduct, and then failing to follow through on its own reforms," said Frost in his written opinion.
He goes on to describe instances in which state agents lied to the Court concerning state executions, expressing frustration about the state's lack of commitment to constitutional execution. "No judge is a micro-manager of executions and no judge wants to find himself mired in the ongoing litigation in which he must continually babysit the parties," said Frost.
That's just a piece of it; there are other judicial bigwigs hoping to have Ohio's death penalty overturned, including Senior Associate Justice for the Ohio Supreme Court Paul Pfiefer, who helped write Ohio's death penalty law when he was a state senator more than 30 years ago. According to Pfeifer, he's changed his mind because he sees the option of life without the possibility of parole more moral and socially beneficial.
Evidently, most of the deviations from the execution regulations were minor paperwork technicalities. Huffington Post reports the errors included switching the official whose job it was to announce the start and finish times of the lethal injection and not properly documenting that the inmate's medical records were reviewed.
Those in support of the hold, however, make another point. Controlling life and death is the most important power the state of Ohio holds; if it can't follow minor rules that it set for itself, who's to say there won't be larger, more detrimental errors in the future?
It's difficult to tell whether or not Ohio will just get a slap on the wrist for its slip-ups or if reform will be seriously considered. The death penalty has almost always been a part of Ohio's history, since it became a state in 1803. Ohio ranked third in the U.S. for executions among the 34 states that have the death penalty in 2011.
Listen to Paul Pfeifer and hear more about the controversy on The Sound of Ideas radio program below.
Occupy Cincinnati has changed the location of its first-scheduled occupation, which will take place 11 a.m. Saturday at Lytle Park rather than Sawyer Point, due to a previously scheduled event. (The Revolutionaries are respectful of other organizations' fundraising walks.) The occupation has no scheduled end time. Several unions in New York City have endorsed the protest and plan to join it today. Here's a live stream of Day 19 in NYC.
Republican presidential candidate Mitt Romney on Saturday laid out five steps that he said would have America “roaring back” during his first campaign stop since formally accepting the Republican nomination.
At Cincinnati's Union Terminal, Romney was joined on stage by his wife Anne, who spoke briefly, echoing her convention speech meant to humanize her husband.
He said his plan involved encouraging development in oil and coal, implementing a trade policy that favored American companies and not “cheaters” like China, making sure workers and students had skills to succeed in the coming century, reducing the deficit and encouraging small business growth.
“America is going to come roaring back,” Romney told the crowd of thousands packed inside Union Terminal.
Not everyone was so impressed with the GOP nominee’s promises.
About an hour after the Romney campaign event, Cincinnati Democratic leaders held a news conference to rebut the Republican’s speech.
“Much of his (Romney’s) speech was like his speech in Tampa, which is where Romney gave Cincinnatians nothing more than vague platitudes, false and misleading attacks without one single tangible idea on how to move forward,” said Democratic/Charterite Cincinnati City Councilwoman Yvette Simpson.
Simpson, along with Democratic Councilman Cecil Thomas and Bishop Bobby Hilton, attacked the tax plan put forward by Romney and his running mate, Wisconsin Rep. Paul Ryan. They said it would cut taxes for the richest Americans while raising taxes on the middle class by about $2,000 per household, citing an analysis from the nonpartisan Tax Policy Center.
“Mitt Romney’s plan would take Ohio and Cincinnati backwards, and we don’t have time to go backwards,” Hilton said.
Hilton credited Cincinnati’s revitalization and urban development in part on federal money obtained from Obama’s stimulus plan.
“We deserve better than this. We deserve better than Romney/Ryan,” he said.
Romney would have disagreed with Hilton’s assessment of Cincinnati’s growth. During his speech he praised Ohio Gov. John Kasich, crediting him with bringing jobs and businesses to the state.
Romney also took time to attack President Barack Obama’s record in office. The GOP nominee said in preparation for his convention speech he read many past convention speeches — including Obama’s.
“He was not one of the ones that I wanted to draw from, except I could not resist a couple of things he said, because he made a lot of promises,” Romney said. “And I noted that he didn't keep a lot of promises.”
Romney also criticized what he called the bitterness and divisiveness of Obama’s campaign, saying as president he would bring the country together. He mentioned the “patriotism and courage” of the late Neil Armstrong, who was honored in a private service in Cincinnati on Friday.
“I will do everything in my power to bring us together, because, united, America built the strongest economy in the history of the earth. United, we put Neil Armstrong on the moon. United, we faced down unspeakable darkness,” Romney said.
“United, our men and women in uniform continue to defend freedom today. I love those people who serve our great nation. This is a time for us to come together as a nation.”
The candidate’s remarks ignited the crowd of thousands, many of whom wore shirts with slogans like “Mr. President, I did build my business,” in response to a remark made by Obama about businesses being helped to grow by government contracts and infrastructure, and “Mitt 2012: At least he never ate dog meat,” referring to a passage in Obama’s 2008 memoir during which he recalls being fed dog meat as a boy in Indonesia.
Steve Heckman, a 62-year-old environmental consultant from Springfield, Ohio, said he voted for Obama in 2008 but will likely vote for Romney in this election.
He said he’d written “some pretty ugly stuff” about Romney in the past but felt jobs was the No. 1 issue and thought the Obama administration’s policies were sending them out of the country.
“The EPA (Environmental Protection Agency) has, to me, become a little too almost like a fringe group, putting so much pressure on businesses that they are moving to Canada,” Heckman said. “Things like air permits, the EPA is taking too long to issue them. It’s not just power plants they’re affecting, but all manufacturing.”
Heckman said he didn’t blame the president personally but thinks whoever he put in charge of the agency is being too strict.
“I grew up when the EPA was first put in place in the '70s, and they were, in my opinion, doing God’s work,” he said, citing the cleaning up of rivers such as the Cuyahoga near Cleveland, which famously caught fire because of pollution in 1969.
“I support the EPA, but it’s driving businesses out of here.”
Speaking ahead of Romney were U.S. House Speaker John Boehner, Sen. Rob Portman, U.S. Rep. Steve Chabot, Ohio treasurer and GOP senatorial candidate Josh Mandel and Republican U.S. House candidate for Ohio’s 2nd District, Brad Wenstrup.
“This election is all about changing Washington,” Mandel said. “The only way to change Washington is to change the people we send there.”