04.17.2014

Today’s Morning Buzz celebrates the best finance meme we’ve ever seen – thanks to Tigard Finance Director Toby LaFrance for sharing this gem with us:

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Upcoming

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Trending on ELGL

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Transaction Wire

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High Five

  1. Bell, CA City Offical Leaves Huge Debt for California City A former city official who became a symbol of municipal greed was sentenced Wednesday to 12 years in prison — less than half the time it will take the nearly bankrupt Los Angeles suburb of Bell to dig itself out of the estimated $150 million in debt he left behind.
  2. Glow-in-the-Dark Roads Are Finally Here In 2012, Dutch artist Daan Roosegaarde and civil engineering firm Heijmans promised to install the first glow-in-the-dark road in the Netherlands by mid-2013. Now, well into 2014, the concept has finally come to life in Oss, a city about 60 miles southeast of Amsterdam.
  3. This Concrete-Eating Robot Can Recycle An Entire Building On The Spot Knocking down a concrete building usually takes brute force: Wrecking balls, huge excavators, or explosives rip apart walls while fire hoses spray water to keep the clouds of dust down. It’s an energy-intensive process, and after everything’s been torn apart, the concrete often ends up in a landfill or has to be trucked to a recycling facility. But a new concrete-erasing robot may eventually transform the messy business of demolition.
  4.  This Catchy Anti-Public Defecation PSA Stars a Dancing Pile of Poo According to UNICEF, more than 620 million people in India still defecate in the open everyday. That’s 143 million pounds of feces dumped in public daily, stinking up the place and contaminating the water supply, which in turn makes children more vulnerable to infections, diseases, and malnutrition.
  5. The Psychology of Messiness: How Disorder Can Make You More Creative Kathleen Vohs, a marketing professor at the University of Minnesota with an extensive psychology background, believes that messier office spaces spur creativity. Here’s the evidence.

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ELGL Northwest

Google Fiber reaches preliminary franchise agreement with Portland Google Fiber has hit a major milestone with Portland, inking a tentative franchise agreement for hyper-fast Internet in the city.

Secretary of state ducked when Damascus asked for help: Editorial Let’s say you’re the secretary of state, Oregon’s chief elections officer, and a small city facing a high-stakes vote asks you to shed some light on a pivotal matter of law. Do you act like the alpha dog in the election pack and give the advice requested, or do you curl up in a ball and take a nap because providing guidance in that specific circumstance isn’t your job? We ask because the Secretary of State’s Office, when placed in this position by the city of Damascus last year, hit the snooze button.

Smoking and tobacco ban on city properties to move to Forest Grove City CouncilThe Forest Grove Parks and Recreation Commission unanimously voted Wednesday to recommend a ban on smoking and tobacco use on all city properties.

Teen pees in Oregon reservoir. Millions of gallons of drinking water wasted. Though California needs rain, not all of the American West is struggling with drought. Portland, Ore., will discard 38 million gallons of drinking water after surveillance video showed a 19-year-old man urinating into a reservoir.

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ELGL California

Bell’s Robert Rizzo admits ‘I breached the public’s confidence’ Four years after he became the face of municipal greed, Robert Rizzo broke his long silence Wednesday in a Los Angeles courtroom and asked a judge for mercy.

A Look Through the LAPD’s Stunning Photo Archives An estimated one million images taken by Los Angeles Police Department officers and criminologists since the 1920s sit in storage at the City Records Center in downtown L.A. Later this month, 50 of these photographs will be on exhibit inside a fake police station at Paramount Studios.

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ELGL Midwest

Former TIF chief: Pay pension costs with TIF-expiration money As aldermen and others scurry to find alternatives to a pending big property tax hike for pensions, a veteran city financial officer is floating an innovative but controversial way to raise big money: Use the revenue stream from expiring tax-increment financing districts.

Detroit asks judge today to OK accuracy, completeness of bankruptcy plans Following a series of bankruptcy settlements with several major creditor groups, the City of Detroit today will ask Judge Steven Rhodes to certify its restructuring plan documents as containing sufficient and accurate information, setting the stage for a vote that will determine the plan’s fate.

Michigan lawmakers to debate roadside saliva tests for marijuana use Some advocates of medical marijuana say they’ll attend a hearing Thursday in Lansing to oppose bills that would let police use roadside saliva testing if a driver is suspected of being under the influence of marijuana.

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50 Nifty

Suburbs Try to Prevent an Exodus as Young Adults Move to Cities and Stay It is a well-trod trail: Suburban youngsters enter their early 20s, leave their parents’ comfortable Tudors or colonials for the pizazz of the city, dawdle a few years until they find mates and begin having children and then, seeking more space and good public schools, move back to the suburbs and into their own Tudors or colonials.

The Best Cities For Raising A Family Raleigh, N.C., has built a solid economy around financial services, software and energy, a major retail shipping operation and its renowned Research Triangle.

Get a Peek at Toll-Road Technology Cameras take photos of the front and back of a vehicle, sensors in the ground follow a car that changes lanes so the front and rear photos will match.

How State DOT Math Works Here’s a small gem for you. Remember that $260 million tunnel under the trees in Louisville? It’s part of the boondoggle Ohio River Bridges project. Would you believe the price went up by almost $80 million at the same time Indiana claimed it “saved” $209 million on it through design changes? Of course you would.

Population Growth in Dense U.S. Cities: Short-Term Correction or Long-Term Trend?  Has the housing bubble and bust fundamentally changed where Americans want to live? Today, apartment construction in dense cities is booming, and hyper-urban high-rise neighborhoods have both strong home-price growth and population growth. Furthermore, the most recent Census population estimates tell a striking story of a swing back to big, dense cities.

The first suspected Heartbleed hacker has allegedly struck before The first suspected Heartbleed hacker is a 19-year-old kid with a faint mustache, short black hair, and a disposition that’s so diffident his lawyer often refers to him as “a nerd, a stereotypical computer geek.” But he’s a computer geek, his lawyer says, with a history of hacking.

Why Your Neighbors Will Finance Solar Panels for Your Roof Here’s another reason to be nice to the neighbors: They might just give you a no-money-down, low-cost loan to put solar panels on your roof, and once you pay off that debt you’ll get essentially free electricity as long as you own your home.

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Management & Human Resources

Your brain is over the hill by age 24 24 is the new 40. That’s according to researchers at Canada’s Simon Fraser University, who have foundthat measurable declines in cognitive performance begin to occur at age 24. In terms of brainpower, you’re over the hill by your mid-20s.

U.S. Views of Technology and the Future The American public anticipates that the coming half-century will be a period of profound scientific change, as inventions that were once confined to the realm of science fiction come into common usage. This is among the main findings of a new national survey by The Pew Research Center, which asked Americans about a wide range of potential scientific developments—from near-term advances like robotics and bioengineering, to more “futuristic” possibilities like teleportation or space colonization. In addition to asking them for their predictions about the long-term future of scientific advancement, we also asked them to share their own feelings and attitudes toward some new developments that might become common features of American life in the relatively near future.

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