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Council Speaker Quinn is OK With Changing Term Limit Law

Thursday, October 02, 2008

Mayor Bloomberg is introducing a bill in the City Council to extend term limits for another four years. He announced his intentions during a packed news conference in the City Hall Blue Room today.

If passed, the measure would also extend the terms of city council ...

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Mayor Bloomberg Ready for Third Term

Thursday, October 02, 2008

In announcing his push for a third term, a somber Mayor Michael Bloomberg said he is motivated by a looming global financial meltdown that could have dire consequences for New York City.

He said the pending 700 billion dollar Wall Street bailout bill was no silver ...

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WTC Redevelopment Moves Forward

Thursday, October 02, 2008

The Port Authority will be announcing a new timetable this morning for the construction they're responsible for at the World Trade Center site. At the helm is the agency's Executive Director Chris Ward. Appointed by Governor Paterson, he's been tasked to revise and create a ...

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Bailout Plan: From Wall Street to Main Street

Thursday, October 02, 2008

As Congress continues to debate a $700 billion financial industry bailout, a fundamental question that's been raised is how the plan will save businesses and consumers on Main Street and not just bail out Wall Street firms. Some analysts believe the Bush administration has failed ...

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Mayor Bloomberg Says He's Best Suited to Lead City Through Fiscal Crisis

Thursday, October 02, 2008

Michael Bloomberg would like the opportunity to run for re-election for a third, four year term, citing his past Wall Street experience and his business acumen.

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Subway Cars Covered in Advertising... Literally

Thursday, October 02, 2008

One shuttle on the 42nd street line has been covered from top to bottom in ads for a show on the History Channel. Ads will also start appearing on turnstiles, stairs and inside train tunnels.

MTA Chief Elliot Sander says it's a way to help fill ...

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Artists Talk Funding Alternatives

Wednesday, October 01, 2008

While lawmakers try to find a solution for Wall Street's financial crisis,local artists are bracing for a dip in the corporate dollars that support some of their work.

REPORTER: The non-profit arts advocacy group The Field hosted close to 100 local artists at Joe's Pub for ...

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Bloomberg Expected to Seek a Third Term

Wednesday, October 01, 2008

In a move that promises to alter the city's political landscape, Mayor Bloomberg is expected to go for a third term. After dangling the possibility before the media for months now, people who've been briefed by the mayor say he'll make his intentions known tomorrow. ...

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Financial History vs. Reality

Wednesday, October 01, 2008

Wall Street zigzagged through a relatively calm session, closing with modest losses as financial markets uneasily awaited a Senate vote on the government's banking sector bailout.

Columbia University's Professor Sharyn O'Halloran is a political economist. She explains how today's situation is NOT like the Great Depression.

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Young People Going Back to the Farm

Wednesday, October 01, 2008

Kaycee Wimbish discovered her love of farming when she moved to New York City.

WIMBISH: I got increasingly interested in food and where the food was coming from....loved the green markets, shopped at the farmer's markets all the time, joined a CSA for the first time.

REPORTER: ...

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VP Debate Night Schedule

Wednesday, October 01, 2008

8PM on AM 820 and 93.9 FM Election Reset with Brian Lehrer

9PM on AM 820 and 93.9 FM Vice Presidential Debate moderated by Gwen Ifill

11PM on AM 820 NPR Debate Special

11PM on 93.9 FM New Sounds

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A New Approach for Dealing with Teenage Prostitutes

Wednesday, October 01, 2008

New York is taking a new approach to dealing with teenage prostitutes. Governor Paterson has signed a bill that requires them to be treated as sexually exploited youths rather than criminals.

The new law goes into effect in 2010. It requires law enforcement officials to offer ...

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Financial Rescue Plan: Bailout or Investment?

Wednesday, October 01, 2008

The Bush administration is searching for a new way to sell its financial rescue plan after acknowledging some blunders and missteps in presenting it the first time around. One big change: insist it's not a Wall Street "bailout."

The focus has switched away from financial institutions, ...

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Local Politicians Weigh in on Term Limits

Wednesday, October 01, 2008

Mayor Bloomberg's reported plans to extend term limits and run again are getting mixed reviews from the people hoping to take his place. Queens Councilman Tony Avella calls the idea shameful. Brooklyn Borough President Marty Markowitz says he may step out of the mayor's race ...

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GAO Says FAA Can't Auction Flight Slots

Wednesday, October 01, 2008

Congressional investigators say federal aviation officials have no legal authority to auction off flight slots, a scheme the government devised to try to cut crippling traffic jams at major airports including Kennedy, LaGuardia and Newark.

The report from the Government Accountability Office comes amid a legal ...

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How Relevant Is The Stock Market During Financial Crisis

Wednesday, October 01, 2008

Many of us are probably watching the stock market to track the financial crisis. But economists often look at more obscure numbers - to assess the confidence among banks and investors.

WNYC's Lisa Chow reports.

There's the interest rates on US Treasuries which have been near zero. ...

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NJ Governor Corzine Questions Proposed Toll Hikes

Wednesday, October 01, 2008

Governor Corzine says he doesn't want potential toll hikes to be as high as what's been proposed.

Corzine says he's open to approving toll increases to fund transportation improvements, but he is ordering the Turnpike Authority to first pare down its $480 million operating budget.

The governor ...

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New Bike Racks on Astor Place

Wednesday, October 01, 2008

Bike riders have a new place to park in the city. On Astor Place, officials have installed 10 colorful and geometric bike racks to encourage more cycling. Paul Steely White from Transportation Alternatives praised the effort.

STEELY WHITE: These new racks, particularly if they're installed in ...

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Paterson Calls for Privatizion of State Assets

Wednesday, October 01, 2008

Governor Paterson wants proposals for private contractors to lease state assets like highways, bridges and the lottery. He says it could trim costs and generate revenue.

Carol Kellerman, president of the citizens budget commission, says it's a good plan, especially if it works like the city's ...

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Bloomberg Wants Cigarette Tax Enforced

Tuesday, September 30, 2008

The city is suing to stop the illegal sale of tax-free cigarettes by members of Native American tribes in New York. The city's top lawyer says Indian-owned businesses on Long Island have been selling millions of packs a year to non-tribe customers, who are not ...

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