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Dec 21

2012

The Bills lease by the numbers

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Some perspective on the Bills lease signed Friday. In terms of sheer public dollars, state and local government are getting off relatively cheap, although you’ve got to keep in mind that the improvements are intended as a 10-year stop gap at the aging Ralph Wilson Stadium. New York State and Erie County are on the hook for $95 million. Compare that with Kansas City, where taxpayers spent $250 million to renovate Arrowhead Stadium. Or the $160 million spent by taxpayers to renovate Lambeau Field, home of the Green Bay Packers. Or the $548 million Minnesota taxpayers will pay for a[...]

Posted 12 years ago

Dec 20

2012

The Great Lakes are stressing out

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This map shows a sea of red off of Buffalo and many other Rust Belt cities where environmental stressors are harming the nation’s largest fresh water source, the Great Lakes. People can heed the data and maps as a warning — the red doesn’t mean death, but it helps point people to where the focus needs to be to reverse the impacts of these environmental stressors, said the chief researcher for the project,  J. David Allen, a professor of aquatic sciences at the University of Michigan’s School of Natural Resources and Environment. Other Great Lakes experts might argue that the places[...]

Posted 12 years ago

Dec 20

2012

Job claims inflated for Billion To Buffalo project

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Governor Andrew Cuomo summoned hundreds of muckety-mucks to the Buffalo Niagara Convention Center two weeks ago to make the kind of announcement that politicians live for: government aid to bring jobs to an economically struggling region. In this instance, Cuomo told the assembled that the first $50 million of his $1 billion in promised state economic development funds had leveraged a commitment from Albany Molecular Research Inc. to bring 250 jobs and up to $250 million in private investment to the Buffalo Niagara Medical Campus. Reads the headline on the governor’s press release: “Governor and (Western New York Regional Economic[...]

Posted 12 years ago

Dec 17

2012

The HSBC plea bargain

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Rolling Stone reporter Matt Taibbi, founder of the Buffalo Beast, talks about the federal government’s deal with the banking giant that allows executives to avoid prosecution for laundering billions for terrorists and drug cartels. A report from Democracy Now!

Posted 12 years ago
Investigative Post