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Opinion: Who wants to invest in Ferguson now?
Market Watch ^ | August 27, 2014 | David Weidner

Posted on 08/27/2014 3:49:44 AM PDT by 2ndDivisionVet

Shellena Eskridge: ‘We need role models. We need an entire change for the better. We need economic change.’

FERGUSON, Mo. — This town is already cleaning up. The streets are litter-free. The windows are being repaired.

Now the question is, can this small community be able to draw new business, and will anyone stay?

And it’s a question not just for Ferguson but for St. Louis as a whole. Negative attention from more than two weeks of protests over the death of Michael Brown brought the region’s deep-seated racial, economic and social problems into the national spotlight. And not in a good way.

“We’ve been on the front page,” said Denny Coleman, chief executive of the St. Louis Economic Council, which seeks investment in the region. “We’ve been portrayed in the national and international press in an unfavorable light.”

Looting. Violence. Racial discord. Poverty. Is this a place where anyone would want to open a business, build a factory or warehouse or launch a startup?

“There are long-term thinkers and short-term thinkers,” said Charlie Davis, owner of the Ferguson Burger Bar & More, a restaurant at the center of the protests. To Davis, the short-term thinkers are the looters and protestors who seem willing to do anything to get immediate results. Long-term thinkers know the potential of the area.

“Do I think we’re going to lose business?” Davis said. “No. The long-term thinkers know this is a good place. People are going to spend money here.”

Others are less optimistic. Coleman believes Ferguson and St. Louis will have to first quell the violence and confrontation that marked the early protests. Then the community needs to take a hard look at the underlying issues, repair the skill gap that exists in the workforce...

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; US: Missouri
KEYWORDS: economy; ferguson; missouri; riots
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1 posted on 08/27/2014 3:49:45 AM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Well......bye.


2 posted on 08/27/2014 3:52:55 AM PDT by EQAndyBuzz (Manchuria Called. They want their Candidate Back!)
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To: 2ndDivisionVet

“Our Youth Need Help” No they don’t. They need to learn about manners, courtesy, sharing, a good work ethic and positive thinking.


3 posted on 08/27/2014 3:53:10 AM PDT by ransacked
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To: 2ndDivisionVet

underlying issues?....we all know what they are but we can’t say it out loud....


4 posted on 08/27/2014 3:55:02 AM PDT by cherry
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To: 2ndDivisionVet
There's a very big factor at work in 2014 that's going to make any "recovery" in Ferguson very problematic: the mobility of labor and capital.

Nowadays, a business can locate almost anywhere ... and an area that can't present itself as a great place to do business won't even be considered for a new start-up or a relocation.

Locate my business in Ferguson? LOL. I'd just as soon invest in a grain farm in Zimbabwe.

5 posted on 08/27/2014 3:56:29 AM PDT by Alberta's Child ("What in the wide, wide world of sports is goin' on here?")
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To: 2ndDivisionVet

Too late now... y’all just voted with your support of lawlessness.

You can beg in the streets because your only hope now is the dole ... into perpetuity.

Who on earth wants to come to YOUR community and invest, work, live?????

You are NOW the property of the United States of America welfare system. Good luck!

BYE!


6 posted on 08/27/2014 4:00:52 AM PDT by SMARTY ("When you blame others, you give up your power to change." Robert Anthony)
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To: cherry

If I were a businessman, I would take my insurance money and close the doors.


7 posted on 08/27/2014 4:03:32 AM PDT by healy61
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To: 2ndDivisionVet

Recovery from the blight after a riot usually takes a generation if it ever happens.


8 posted on 08/27/2014 4:03:46 AM PDT by frithguild (The warmth and goodness of Gaia is a nuclear reactor in the Earth's core that burns Thorium)
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One-by-one, every town and city invaded by irresponsible, wild animals will turn into Detroit. The animals will continue to blame Bush and never look in the mirror, so the solution has no chance of ever coming about. Half the problem is solved once there is recognition of the cause.


9 posted on 08/27/2014 4:04:57 AM PDT by USCG SimTech (Honored to serve since '71)
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To: 2ndDivisionVet

Paths to Successful Futures = Acting White

Nobody’s blocking anyone, honey; except yourselves.


10 posted on 08/27/2014 4:06:24 AM PDT by Arm_Bears (Rope. Tree. Politician. Some assembly required.)
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To: 2ndDivisionVet

[...can this small community be able to draw new business...]

Why would any one open up businesses there at his point. Cut them off and send a clear message that rioting-stealing-looting will not be tolerated.

Like those businesses had anything to do what so ever with the shooting. Easy targets for those wanting to get over on everyone else and blame their problems or “paths” as indicated in the above photo on everyone else instead of taking personal responsibility.

I would shut down everything - no pop stores - no cigarettes - no clothes - nothing...let them sit there in the comfort of that sewer and think about the damage they did over a thug!


11 posted on 08/27/2014 4:06:36 AM PDT by BCW (ARMIS EXPOSCERE PACEM)
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To: BCW

Davis said. “No. The long-term thinkers know this is a good place. People are going to spend money here.”

Who’s money - tax payers money??? Those idiots without a job - any skills what so ever to be self-employed - or employed at all - school drop outs...

What money do they earn that is legal where they need to spend it!

I’m sure no insurance company would even go near this place again...if so, it will cost a fortune!


12 posted on 08/27/2014 4:09:27 AM PDT by BCW (ARMIS EXPOSCERE PACEM)
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bump


13 posted on 08/27/2014 4:12:58 AM PDT by deport
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To: 2ndDivisionVet

“Looting. Violence. Racial discord. Poverty. Is this a place where anyone would want to open a business, build a factory or warehouse or launch a startup?”

Ladies and Gentleman, I give you Newark and Detroit; after July 1967.


14 posted on 08/27/2014 4:13:05 AM PDT by Artie (We are surrounded by MORONS)
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To: frithguild

Especially when they are proud of their looting, like it is some great accomplishment. What a spectacle. Nobody in their right mind would open up a business in Ferguson now, and those that are still there might want to consider someplace else.

Stupidity has consequences.


15 posted on 08/27/2014 4:18:07 AM PDT by HerrBlucher (Praise to the Lord the Almighty the King of Creation)
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To: 2ndDivisionVet

As a St. Louis resident, the problems recently seen are much much more systematic. Sports franchises are only life downtown. Compounded by problem of idiotic law limiting geographic borders of the city.


16 posted on 08/27/2014 4:27:35 AM PDT by Dryman (Define Natural Born Citizen)
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Comment #17 Removed by Moderator

To: 2ndDivisionVet

Who would want to be among so many registered Democrats, filled with hubris, pre-conceived notions, anti-American propaganda, arrogance and a seething hatred for anything American implanted by Progressive masters?

Answer: Only other registered Democrats who look in the mirror and admire a brilliant, intellectual, really-really smart Progressive genius who has all the answers and hates knuckle-dragging, gun-loving, bible-thumping Christian morons from flyover country.

(Is that a place where a “capitalist pig” enterprise could exist in peace?)

IMHO


18 posted on 08/27/2014 4:43:53 AM PDT by ripley
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To: Dryman
Compounded by problem of idiotic law limiting geographic borders of the city.

I'd bet that the majority of the people living on the out skirts of the city don't think the laws are "idiotic".

19 posted on 08/27/2014 4:45:19 AM PDT by Graybeard58 (Fear God, and keep his commandments: for this is the whole duty of man.)
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To: 2ndDivisionVet

If I were a business owner Ferguson would be down near the bottom of my list. Somewhere around California, Detroit, Gaza, and Afghanistan.


20 posted on 08/27/2014 4:45:55 AM PDT by ThunderSleeps (Stop obarma now! Stop the hussein - insane agenda!)
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