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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 13, 2008
Page
1
After the 2008 floods, about three dozen downtown Cedar Rapids eateries faced rebuilding costs and uncertain customer return. Some reopenings occurred at Victor's Place and Sub City while others like Blend and Zins work toward reopening. Mr Bean's eyed relocation.
After June floods closed multiple downtown coffee spots, Cedar Rapids businesses plan reopenings. The Cedar Rapids Coffee Company aims to resume in November, The Blue Strawberry in roughly six weeks, while Coffee Emporium hopes to reopen Thursday. Locals note resting at Vic tor's Place and Deb's Ice Cream nearby.
The piece notes today’s financial worries echo 1930s patterns such as housing booms and cheap credit but argues the current crisis offers lessons. It cites fear’s crippling effect on decisions, the cost of inaction, and the risk to the broader economy if leaders delay steps.
The National Debt Clock in New York has outgrown its digits, displaying about 10.15 trillion dollars on Saturday afternoon. Installed in 1989 by Seymour Durst, it once paused in the 1990s when debt fell and will be replaced in 2009 with a clock tracking up to one quadrillion dollars.
The national debt clock near Times Square New York shows 10 trillion dollars as the leftmost space switches to a 1 The clock’s digits begin at 0 and now reach the ten trillion milestone highlighting federal debt growth Since the clock is running it marks a landmark in public finance reporting.
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