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Tuesday,
Mar 16th
    Yom Shlishi, 1 Nisan 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

Chairs thrown at Women of the Wall

16 March 2010, 3:31 pm Two haredi men were arrested after allegedly throwing chairs at women preparing to pray at the Western Wall.... [Link]

Knesset passes civil union bill

16 March 2010, 3:06 pm Israel's Knesset passed a civil union bill, although it is expected to help only a small percentage of Israelis who do not want a religious wedding.... [Link]

German community dedicates new synagogue

16 March 2010, 2:22 pm More than 70 years after its synagogue was destroyed by Nazi rioters, the German town of Herford dedicated a new Jewish house of worship.... [Link]

Swastika discovered at Calif. university dorm

16 March 2010, 2:13 pm A swastika was discovered carved into a hallway bulletin board at a residence hall at the University of California, Davis.... [Link]

MK: We’ll consult with Diaspora Jewry on conversions

16 March 2010, 2:02 pm An Israeli lawmaker told a delegation of American Jewish leaders that he would consult with Diaspora Jewry on issues involving conversion.... [Link]

Bezalel Academy moving to downtown Jerusalem

16 March 2010, 1:18 pm The Bezalel School of Arts and Design plans to build an $80 million campus in downtown Jerusalem.... [Link]

Mitchell postpones visit to Israel

16 March 2010, 12:39 pm U.S. Middle East envoy George Mitchell has put a planned trip to Israel on hold.... [Link]

Israeli defense company awarded Australian contract

16 March 2010, 12:09 pm An Israeli defense company won a $300 million contract to develop a cutting-edge command and communications system for the Australian Defense Force.... [Link]

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