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NEWS
March 4, 2016
DEAR ABBY: I am a community college sophomore (age 20) in an international honor society, double-majoring in biotechnology and biological sciences. My dream is to become a cardiologist. I have worked hard and excelled at my studies, as well as in my friendships and sports. However, my brothers have not. My older brother, "Aaron," barely graduated from community college, and my younger brother, "Greg," dropped out after his first semester. I know it's not healthy for me to think this way, but I am afraid I am going to be the one who has to support them.
NEWS
March 2, 2016
ISSUE | CITY PENSIONS Money-saving moves The story about the Philadelphia Pension Board's approval of $7.7 million in bonuses next year downplayed and omitted important steps taken to help the pension fund's long-term health ("Anemic pension fund OKs bonuses, Saturday). The board's vote to lower its assumed earnings rate from 7.8 percent to 7.75 percent was not mentioned until the last sentence. Lowering that rate has many positive impacts, including requiring the city to contribute more.
NEWS
March 2, 2016
By Mark Krikorian Sanctuary cities are a menace to public safety. A recent move in the House of Representatives to cut their funding is long overdue. There are more than 300 sanctuary jurisdictions nationwide, including cities like New York, counties like Chicago's Cook County, and even whole states like California. These jurisdictions refuse to cooperate with immigration authorities and release deportable criminals back onto the streets. In 2014, more than 9,000 criminals who entered the country illegally and whom the Department of Homeland Security wanted to deport were released instead because of local sanctuary policies, according to the department's records.
NEWS
March 2, 2016
By Don Kusler Fear is among our strongest motivators and is, at its core, a survival instinct millions of years in the making. And while fear can indeed provide an awareness essential to survival, it can also be reactionary and crippling. Consequently, fear-mongering is common in political communication. Just take stock in the rhetoric coming out of the numerous debates and campaign advertisements related to the upcoming presidential election. One of the most disturbing uses of fear is playing out as candidates and elected officials prey on the reactionary fears that many Americans have about immigrants, particularly immigrants in the country illegally.
NEWS
March 2, 2016
TODAY IS Super Tuesday, and, by day's end, we could know the respective presidential nominees from each major party. But for Philadelphians, that news pales in comparison with Mayor Kenney's intention to embark on a $600 million plan to remake the city's parks and recreation centers. All politics, after all, are local. And here's our local political reality. The largely white Electrical Workers Union and its equally white counterpart, the Carpenters Union, have dominated taxpayer-funded construction work for years.
NEWS
March 2, 2016
By David L. Cohen Mayor Kenney will deliver his first budget address Thursday. If his remarks to the Greater Philadelphia Chamber of Commerce were any indication, he will propose many different investments that will be strongly supported by the business community, including strong economic development programs and a powerful commitment to education. Most importantly, one of the centerpieces of the mayor's address will almost certainly be a bold call for a major investment in pre-K programs in Philadelphia.
NEWS
March 2, 2016 | By Julia Terruso, Tricia L. Nadolny, and Claudia Vargas, STAFF WRITERS
Mayor Kenney's proposed sugary-drinks tax could be hard to swallow. At three cents per ounce, it is three times the only existing soda tax in the country. And it is certain to face the withering opposition from drink manufacturers and unions that killed two similar efforts here in the past. But Kenney is promoting what the tax could achieve - universal pre-K, jobs, and development projects to the tune of $400 million over five years. Several members of Council said Monday that the broad benefits could make the proposal more palatable this time around.
BUSINESS
March 1, 2016
When the Philadelphia Board of Pensions and Retirement hired Apollo Global Management to invest tens of millions of dollars in junk bonds in 2013, the fund's overseers said they were making a careful bet. Sure, the bond issuers were risky-looking private companies. But the city could collect interest they paid as cash each year, unlike with most hedge funds and "alternative assets. " Apollo's founders include Josh Harris , lead owner of the NBA's woeful 76ers . Which inspired the inevitable cracks about the woefully underfunded pension system needing a rebuilding year.
NEWS
February 29, 2016
William Green is a member of Philadelphia's School Reform Commission Calls for a return to local control of the School District of Philadelphia, in many cases prompted by the recent Pennsylvania Supreme Court decision on the School Reform Commission's powers, are based on a misdiagnosis of what ails the city's public schools. There can be no question that sufficient, predictable, recurring funding is desperately needed to provide our students with the educational opportunities they deserve.
BUSINESS
February 26, 2016 | By Jacob Adelman, Staff Writer
The revamped Gallery at Market East shopping mall "won't be as dramatic" as currently planned if the project is completed without $30 million in requested state aid, one of its developers said Wednesday. Pennsylvania Real Estate Investment Trust's chief executive officer, Joseph Coradino, said that the company remains optimistic the money will become available, but that it could downscale the project if it does not. PREIT's $325 million-plus plan to remake the dilapidated Gallery into a high-end outlet mall is among the dozens of Philadelphia projects awaiting aid from Pennsylvania's Redevelopment Assistance Capital Program, which has been put on hold because of the state's long-running budget stalemate.
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