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Friday,
Sep 03rd
    Yom Shishi, 24 Elul 5770

Dollars & Sense

Denver day schools strategize on coping with the economic squeeze

Denver day schools strategize on coping with the economic squeeze

FOR the past 16 months or so, a perfect economic storm has been raging, affecting governments, businesses, individuals and non-profit organizations in an utterly non-discriminatory hurricane.

In its still-churning wake, the storm is leaving shattered plans, busted budgets, depleted portfolios and dashed hopes. Corporations and institutions have been left crippled, or left for dead, and their leaders left wondering when it will all end.

An economic environment, surely, to test the mettle of virtually anyone or anything that deals in money.

Taking this global storm down to the microcosmic level of local community, it’s not difficult to see evidence of the damage.

In the Denver Jewish community specifically, ambitious plans for a federation-led capital improvement campaign have been placed indefinitely on hold; community-run social service programs have cut back hours and benefits; staffers of Jewish community organizations have been laid off or seen their hours reduced.

Last Updated ( Thursday, 28 January 2010 12:32 )

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Guide for the financially perplexed

Guide for the financially perplexed

On Dec. 1, 2008, the National Bureau of Economic Research officially declared that America had been in the grips of a recession since December, 2007.

The headline-making news did not faze the majority of Americans who already knew something was terribly wrong.

Approximately 2.6 million jobs were eliminated in 2008. The housing market, which cracked under a slew of subprime mortgages, sank dangerously close to Depression-era lows.

Venerable financial institutions either shut their doors or merged with other companies in a last ditch attempt to stay afloat. The government extended a hand but received more slaps than applause.

At one point, gas prices soared to over $4.50 a gallon, which took an extra slice out of already shrinking paychecks. The cost of food jumped so sharply and suddenly that shoppers reeled from sticker shock.

Dilemmas formally limited to the elderly –– whether to forgo their monthly Lipitor in favor of fresh vegetables –– suddenly became daily concerns for people on the lower end of the age scale.

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JTA News

Abbas to Netanyahu: Freeze settlements or talks off

2 September 2010, 8:30 pm Palestinian Authority President Mahmoud Abbas told Israeli Prime Minister Benjamin Netanyahu that peace talks are off unless Israel extends a partial moratorium on settlement building.... [Link]

Debra Berger, founder of Project Interchange, dies

2 September 2010, 7:41 pm Debra Berger, the founder of Project Interchange that sent influential leaders to Israel, has died.... [Link]

Non-koshered meat banned from Israeli chains

2 September 2010, 5:56 pm Israel's chief rabbi has banned the sale of non-koshered meat to Israeli supermarket chains.... [Link]

Mormons, Jewish group sign pact on baptisms

2 September 2010, 5:39 pm The Mormon Church and Jewish leaders have resolved a dispute over the church's posthumous baptisms by proxy of Jewish victims of the Holocaust.... [Link]

American Jews remain attached to Israel, study shows

2 September 2010, 5:22 pm American Jewish attachment to Israel is holding steady, a new study shows.... [Link]

French Jewish leaders decry Shoah comparisons

2 September 2010, 5:03 pm The French Jewish umbrella group spoke out against recurring comparisons between Nazi treatment of Jews and France’s current policy to rapidly expel Roma migrants.... [Link]

Abbas, Netanyahu to meet every two weeks

2 September 2010, 4:47 pm Israeli and Palestinian leaders will meet every two weeks to advance peace talks.... [Link]

Abbas: Security is key

2 September 2010, 3:55 pm Mahmoud Abbas agreed with Benjamin Netanyahu that securing Israelis and Palestinians was the key to advancing peace.... [Link]

Shabbat Times


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