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March 18, 2011     Post-Gazette
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March 18, 2011

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Page14 POST-GAZETTE, MARCH 18, 2011 LO SAPEVATE CHE ... Negli ultimi due anni (2008-2010) la crisi economica ha colpito seriamente gli Stati Uniti ed altri Paesi con economie molto sviluppate. In Europa la crisi non e stata tanto severa come negli Stati Uniti. In Italia le cose sono andate non del tutto male, nonostante la profonda crisi politica che si "e aggravata gradualmente al punto da mettere nei pasticci ramministrazione di Silvio Berlusconi, sempre pit nei guai giu'diziari sin da 'Tangentopoli' di parecchi anni fa. L'Europa sta economicamente risorgendo da una crisi che  stata quasi del tutto superata, soprattutto in Germania la cui economia  rjmbalzata al punto da ridurre la disoccupazione al minimo. II che non pu6 dirsi degli Stati Uniti dove purtroppo reconomia tarda a girare la boa e dove la disoccupazione ancora molto alta. Ma il. mondo sembra essersi spaccato. Alla crisi economica che ha colpito diverse nazioni sia in Europa che nelle Americhe si riscontra, tuttavia, un boom economico di alcune delle nazioni, le cui economie vanno a gonfie vele, come il Brasile, l'India, Taiwan, rlndonesia, il Vietnam, Hong Kong, Singapore, la Norvegia, la Corea del Sud, l'Australia, la Nuova Zelanda, ma soprattutto la Cina la cui economia ha continuato a crescere pifl di ogni altra nazione. Le grandi compagnie multinazionali continuano a realizzare ingenti profitti, in Asia pifl che in Europa o negli Stati Uniti. La stabilit& delle monete, sia cinese che brasiliana, attira l'interesse di investire da parte di compagnie estere, siano esse italiane o anche statunitensi. Ci auguriamo di portarvi migliori notizie economiche che riguardano sia l'Italia che gli Stati Uniti nell'immediato futuro. DID YOU KNOW THAT ... Over the last two years (2008-2010) the economic crisis has seriously affected the United States as well as other countries with advanced economies. The crisis that hit Europe hasn't been as critical as the one that (hit) the United States. Things in Italy haven't been that bad, despite the paralyzing political crisis that has gradually deterio- rated to the point of causing problems to Silvio Berlusconi's government (majority), with the Premier increasingly in judicial troubles, from the days of 'Tangentopoli' investiga- tions (years earlier) mainly on corruption charges. Europe is economically resurging from a crisis that seems increas- ingly a thing of the past, particularly in Germany whose economy has bounced back so much so that unemployment is nearly gone. The same cannot be said of the United States where, sadly, the economy is still struggling while unem- ployment continues to stay high. The world seems to have split. To the economic crisis of a few nations, namely in Europe and in the Americas, we discover an economic boom occurring in a few nations whose economies continue to grow successfully, such as in Brazil, India, Taiwan, Indonesia, Vietnam, Hong Kong, Singapore, Norway, South Korea, Australia, New Zealand, and above all in China where the economy has kept growing a lot more than in any other nation. Multinational corporations are reaping large profits in Asia more than in Europe or in the United States. The monetary stability, both in China and in Brazil, attracts the investing interests of foreign corporations, be they Italian or US. We hope to report better economic news affecting Italy and the United States in the future, On Sale Now! THE NORTH END Where It All Began The Way It Was by Fred Langone SALE PRICE $19.95 Plus Shipping & Handling On Site at The Post-Gazette 5 Prince Street, North End, Boston, MA The time has come, the walrus said, TO TALK OF MANY THINGS of shoes and ships and sealing wax of cabbages and kings by Sal Giarratani NEW RESTAURANTS TO OPEN AT FORMER JIMMY'S HARBORSIDE SITE Jimmy's Harborside Res- taurant served up great New England seafood dishes for nearly 80 years and the place was demolished in 2007 to make way for a new complex called Liberty Square and the first of five new restaurants has opened at the site. That place is Jerry Remy's Sports Bar & Grill. The upscale Mexican eatery Temazcal Tequila Cantina is aiming to open by the end of the month and the others like Del Frisco's Double Eagle Steak House and Legal Sea Food's Harbor- side are both scheduled for April openings. All these new eateries will provide outdoor seating and unbelievable waterfront views. WANT TO LIVE AT THE BIG HOLE IN THE GROUND SITE? Vorando Realty Trust is now reportedly trying to sell the site of the former Filene's store in Downtown Crossing as a housing devel- opment after reportedly re- ceiving low bids as a mixed- use complex. Under the gun from Boston City Hall, the principle owner Vorando Re- alty has seemingly given up any plans for an office, retail, housing and hotel complex because it would have meant selling at a loss. The company now thinks in- creased demands for up- scale rental housing will draw higher bids. Mayor Tom Menino says the owners' failure to sell the property has left an ugly crater in Downtown Cross- ing. Last year, Vorando re- ceived many bids for the property, but all were report- edly below the $100 million Vorando paid for the site back in 2006. Bottom line from Susan Elsbree from the BRA, "It's not Ihe city's fault that Vorando overpaid for the site." STILL REMEMBERING CADDY'S SACRIFICE Recently, the William R. Caddy Detachment, Marine Corps of Quincy remembered the 63 rd anniversary of PFC William R. Caddy, who made the ultimate sacrifice on March 3, 1945 during the Battle for Iwo Jima. Caddy then only 19 years old re- ceived the Congressional Medal of Honor posthu- mously. Quincy always re- members those who served their country and never for- gets them. Whenever I'm over on Wollaston Beach doing my power walk, I always take time to cross the street at that park where the Caddy Memorial is located. I think about him and his sacri- fice. Duty, honor, country and a commitment to some- thing much more than one's self. THE ICE CREAMSMITH CELEBRATES 35 TM ANNIVERSARY The Ice Creamsmith, a well-known ice cream parlor at 2295 Dorchester Avenue on the 'Milton line will be cel- ebrating its 35 th anniversary this year. The shop owned by Dave and Robyn Mabel opened for the season on March I. THE ITALIAN CONNECTION Every Sunday afternoon between 2 pm and 9 pm, you should turn your radio dial to WELH 88.1 FM Providence for "The Italian-American Connection" and some great Italian tunes. MEANWHILE ... Don't forget Ron Della Chiesa with "Strictly Sinatra" Saturdays at 7pm and the "Great American Songbook" Sundays, also, at 7pm on WPIM 99. l FM. Both nights following Ron, you can catch Dick Robinson's "Standards by the Sea" until 2 am. The music at this point of the radio dial can both relax you at home and keep you driving safely on the road. BUMPED INTO ED COLETTA I bumped into East Boston's own Ed Coletta at a recent Eagle Hill Neighborhood Association meeting. We were both: there to hear Anthony Sammarco give a presentation on East Bos- ton's history. Coletta works for the state DEQ agency. It doesn't seem that long ago he was the editor of the now defunct East Boston Sun Transcript. He was surprised that I had finally ended up an Eastie resident. News Briefs (Continued from Page I) remain out of reach for the struggling middle-class. Does this mean that gaso- line powered buses will soon be replaced by streetcars again? If the liberals have their way, America soon will be riding in those Fred Flintstone cars where all that is needed is two strong feet and a good pair of shoes. Is that the ultimate "green" car? By the way, my very first car was a green car, an ugly 1966 green Rambler. Whole Foods and JP If you listened to the crowd at a recent community meeting in Jamaica Plain, you would have thought that the defunct Hi-Lo Supermar- ket was a worship center rather than a large grocery store. One speaker at the meeting stated, "I cannot buy any longer the cheap food. I can no longer see my friends when I go to the su- permarket. Jamaica Plain is for us, not for the rich people." The folks who were behind the meeting fear that the Whole Foods store means increased property values, which would price out poor and working folk. The real enemy isn't Whole Foods but the gentrification of the neighborhood by yuppies. Parts of JP have been yup- pitied for decades. There are really two or more JPs. When I was growing up in Roxbury, we already started calling it Jamaica past 20 years that Jamaica "Spain" has had to share the real estate with urban new- comers with bags of money. You can't stop gentrification because in effect it actually lifts up neighborhoods. Look at Charlestown, South Bos- ton and the South End. Instead of fighting to stop something you can't, it's time to work together to make neighborhoods open and ac- cessible to all. Bottom line, if Hi-Lo was really profitable, do you think it would have closed? Neighborhoods have highs and lows. Neighbor- hoods change. Neighborhoods grow. Big Dig Firm Hired for MBTA Project We all remember Parsons Brinckerhoff. Here in Bos- ton, it is best-known for its terrific role in overseeing the Big Dig Project. You re- member the Big Dig, right? The delays, cost overruns and of course that 2006 ceil- ing collapse that killed a Ja- maica Plain woman? The MBTA has hired this com- pany as a subcontractor on an $8.7 million deal to help the Commonwealth manage its $115 million purchase of 20 new locomotives to be built in Idaho. State Secre- tary of Transportation pushed the T's board of direc- tors to approve the hiring of the company telling them that "PB Americas is one of S pain. the, panies in the United States. It has a long history of ex- cellence. I know that mis- takes were made on the Ar- tery/Tunnel project and it resulted in an extreme un- fortunate incident on Inter- state 90. But I think that BP (has) proven its capabilities time and time again. What mystifies me is why this company still has a le- gal right to bid for the MBTA project. This firm after all agreed to a financial settle- ment to avoid criminal pros- ecution over the Big Dig. However, as the Boston Globe reported this "did not pre- clude it (BP) from bidding on future (public) projects." What does it take to do just that? Anything? Private in WikiLeaks Could Face Firing Squad? The Army private sus- pected of leaking hundreds of thousands of sensitive clas- sified documents to Wiki- Leaks was charged with aid- ing the enemy, which can turn into a death sentence or life in prison. The Army filed 22 new charges against Pvt. 1 st Class Bradley E. Man- ning, including causing in- telligence information to be published on the Internet ... Meanwhile, Steven Spiel- berg looks like its Dream Works Studio will turn this whole WikiLeaks thing into a money-making Hollywood blockbuster. What else is the engine_er_ing corn-_: new,_ .h_uh ? ................. .