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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Oct 10, 2008
Page
14
The Chronicle lists Arthur D. Hudnutt as publisher and Kyle D. Kondik as editorial page editor in its era spanning 1970 through 1991. The document records staff roles tied to the paper's leadership and opinion pages during that period.
Elyria advances Route 57 bypass with protests over traffic slows and a Broad Street widening planned. Lorain braces for lengthy Ford Road bridge repairs and a delayed Charles Berry Bascule Bridge reopening, while businesses suffer and a license plate fee is floated to fund fixes.
The Washington Post reports Senator McCain presented the American Homeownership Resurgence Plan during a debate with Senator Obama. The plan would cost about 300 billion dollars, use Treasury authority to buy mortgages at face value and replace them with government guaranteed loans, aiming to stabilize prices and clear bad debt but facing concerns over effectiveness and cost. The piece notes existing Hope for Homeowners as a contrast and questions whether the plan justifies the expense.
Expressions of remembrance for fallen soldiers from the community. Letters discuss sacrifices overseas, calls for silence, and gratitude to the Medders family. Local resident comments on a Ward 4 meeting, taxes, school levy, and city issues in Elyria and Midview.
Stewart Cox argues the housing crisis stems from predatory lenders and greedy investors but also a culture encouraging debt and rapid buying. He notes rising loan qualifiers, foreclosures among both rich and poor, and self blame for imaginations outpacing income.
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