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February 4, 2011     Post-Gazette
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February 4, 2011
 

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T @ (Formerly LA GAZZETTA del MASSACHUSETTS) VOL. 115 - NO. 5 WHERE WERE YOU ... BOSTON, MASSACHUSETTS, FEBRUARY 4, 2011 [ During the Blizzard of &apos;78? 2 by Sal Giarratani .... Consalvo Aims for More Affordable Housing Boston City Councilor Rob Consalvo has just been re-appointed to the city's Neighborhood Housing Trust. The trust is responsible for allo- cating the city's linkage monies to organizations and groups seeking assistance in building af- fordable housing. The trust works to increase the supply of such housing. Consalvo has been a trust member since 2002. Said Consalvo, "In this role, I will be able to continue the working partnership with many worthy organizations as we attempt to provide more affordable housing opportunities in our City." Since its inception, the trust fund has helped create or preserve over 6,000 affordable hous- ing units. Housing is a priority issue for Consalvo who also was just reappointed as the chair of the City Council's Housing Committee. As Consalvo concludes, providing safe, quality, af- fordable housing is one of the key issues to making our city a great city. To be able to work on that is one thing I love. Connecting Those Make-believe Dots As I read Charles Babington's AP commentary (Tucson rampage casts light on toxic political tone, Banner, January 13) connecting non- existent or suspected dots between Sarah Palin and the Tucson shooting, I remained amazed on how many in the media shoot (pardon the gun-related metaphor) from the hip with little if any real evidence. Bottom line, the gunman's motives are still not really known. Nor do we know if he even listened to the so-called right- wing radio. (Continued on Page 10) ! iJ i ii!J !!ii ! !i II i;! !2CI !!i!iiiiii!i!i;!iiii!i!iiii!iiiiiiiiiiiiiiiiiiii!iii!iii;i!!!iiii!i $.30 A COPY The Real State of the Union ... By the Numbers by Herman Cain Now that the mainstream media is hopefully done swooning over President Obama's State of the Union Speech, some of us are more concerned about the real State of the Union, by the numbers. It's not what he said or did not say, nor is it how he said it. It should be about our national secu- rity and our national eco- nomic health. The day after the president's State of the Union speech, an appliance installation and repair man was installing some new ap- pliances in our home. Unso- licited, he said he had a hard time sleeping last night af- ter hearing the president's speech. When I asked why, he said he did not hear any- thing in the speech that made him feel that America is safer as a nation, nor did he hear anything that would really help grow the economy. No wonder the man doesn't sleep. I told him I agreed with him, and that he expressed the feelings of probably most of us who are not intoxicated by the president's words and his delivery. Many people are, but most of us are not. Maybe there are some pro- visions in the START Treaty that regular folk like the re- pair man and I don't know about. But it appears as if the Russians got a better deal by limiting our ability to deploy missile defense sys- tems in other parts of the world, where a lot of our en- emies are located. For ex- ample, cancellation of the missile defense system be- ing built in Turkey does not seem like a good idea. The world is not safer! And we have reduced our ability to help keep it safe. Man3r of the most compel- ling facts about the real state of our economy were missing from the president's speech. Gross Domestic Product did grow year over year in 2010 by 2.6 percent. But China's economy grew by around 10 percent, which means, at those comparable rates, China's economy will surpass us 15 to 20 years from now. Since China holds the largest percentage of our foreign-held debt, I consider that a national security threat as well as a threal to our financial stability. In fact, the total amount of U.S. Treasury Securities held by foreign countries in- creased 18.5 percent in 2010 (Treasury.gov). That's not a comforting sign. Total bankruptcy filings were nearly 14 percent higher in 20 i0, on top of the 1.4 million fillings in 2009. It should be no surprise that the unemployment rate re- mained between 9.4 and 9.8 percent throughout 2010, and that the weekly new job- less claims were around 400,000 per week nearly ev- ery week. The small num- ber of "new" private sector jobs has simply not been enough to offset that pace of joblessness. A year ago, in the president's State of the Union s16eech, he said that creating jobs would be a top priority. In early 2009, he said that the nearly $1 tril- lion in stimulus spending would keep unemployment under 8 percent and grow the economy. The unemployment rate has not been below 9 percent since the stimulus bill was passed, and I guess it de- (Continued on Page 13) East Boston Students Preparing for Sicily by Nicola Orichuia Shown in photo are East Boston High School students with Italian students from Sicily, Italy, who took part in the Student Exchange Program. In March students from East Boston High will be particpating in the Exchange Program by traveling to Italy. (Continued on Page 5) THE POST-GAZETTE SATELLITE OFFICE IS NOW OPEN AT 35 BENNINGTON STREET, EAST BOSTON This office is open on Tuesdays from 10:(X) AM to 3.'00 PM and Thursdays from I1:00 AM to 2.<)0 PM, for the convenience of our East Boston and North Shore clients and contributors Call 617-227-8929 for more information ]