Wednesday, October 21, 2009

WashPost on the QC: 'Bust in Boomtown'

The Washington Post's Binyamin Appelbaum – whom you might remember as a business-staff reporter at the Observer until 2007 – weighs in today in the Post with a look at Charlotte: "The Bust Hits the Boomtown that Banks Built."

He writes that the opening of the cultural campus uptown "may be a last hurrah."

An excerpt:

"Few American cities prospered more over the past two decades than Charlotte, its growth propelled and gilded by Wachovia and its crosstown rival, Bank of America. Executives shoehorned gaudy mansions into old neighborhoods around downtown. Workers poured into vast subdivisions on the city's ever-expanding periphery. With coffers overflowing, giddy public officials spent tax dollars on a manmade river for whitewater rafting.

"Now Charlotte is suffering. Unemployment has spiked to 12 percent, well above the national average."

Appelbaum was one of the key investigators in the Observer's lengthy, multi-year look at mortgage fraud, foreclosures and Beazer Homes. Read the "Sold a Nightmare" series here.

180 comments:

shawn said...
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Anonymous said...

This is so stupid. Although they are major employers in the area, not everyone in Charlotte (who makes good money) works for a freaking bank!

Anonymous said...

DC is WAAYYY better than Charlotte...Well except for people who don't want to see people "not of their kind"

Anonymous said...

we need a major company to relocate to charlotte.

Anonymous said...

Charlotte is a fake big city. Mostly, because the people here are a bunch of yokels. Too bad. It has some potential...

Larry said...

Charlotte grew because it was a great place to raise your family. Had low crime, reasonable taxes and great schools which had people rushing to get into the Charlotte area.

We should hit bottom in the next couple of years and can start getting our schools, crime and taxes back in shape.

Anonymous said...

It is a litte scary to read this and have reality hit you in the face. But then I sat and thought about it harder and what town, what city, what state hasn't been affected by the economic conditons of the past year? I think Charlotte is posed to make a great come back when everything begins to rebound...I'd rather be in Charlotte right now than DC, LA or New York that's for sure.

Anonymous said...

What happened to the big boom that was to follow on the light rail corridor?
Has it just slowed because of the economy or is it booming instead?

Haven't been down South Blvd. since July 2008.

Anonymous said...

well if we continue to invest in making this city attractive to blue bellies we should actually be able to come out of this alright. That means investment in our urban core!

Anonymous said...

I read the article and I thought he had a fair take on things. I also noticed that the article ended on a somewhat hopeful note.

I can't decide yet whether I think Charlotte is just regrouping for the next boom or is on its way to becoming the next Winston-Salem (a city which in fact has some things, like Wake Forest, that we would love to have.)

Stay tuned. I'd love to hear either candidate for mayor really address this Charlotte-at-a- crossroads question.

Anonymous said...

If you want Charlotte to MOVE FORWARD, vote for Anthony Foxx.

Anonymous said...

yeah, read this before lunch - glad someone IN CHARLOTTE posted the article. Thanks Mary.

It's a good, juicy story....and that's it - it's a story.

Just as sure as we can't force a 'culture' on a new city - we can't force a new industry either. These things take time. I whole heartedly believe that we need to get our schools from good to great, get our taxes BACK in line, and offer more incentives for business' to WANT to move here. If we Attract harder, server better and 'wow' whenever possible - Charlotte's culture will be born....over time.

Have we been lead down the path of overdevelopment? You bet. Has the city unwisely chosen to side with the folks who promised a broader tax base - and perhaps turned a blind eye to everyone who has been screaming warnings from the sideline - you bet. Have a few benefited from the many? Clearly.

Until we gain control of OUR city back from the corporations that built Charlotte - there will be more of the same. It's only a matter of time before even the greatest of powers fail....

Charlotte as a city, will come out on top. Just takes time.

Anonymous said...

Have you been in a traffic jam in DC. OMG! I would consider it a great demotion if my company transfered me to DC. I would have to buy a house half my current size in a yard 1/4 my current size, & teach my dog how to shoot a gun.

Anonymous said...

I agree with the article, the last 20 years have been great until 2 years ago for me. I moved here in 82 with $1000 and a beat up 1970 duster. Started a contracting business had a rental house and a beautiful home I built off Providence Road. I lost all that and only wish I had that 1970 Duster to sell now. lol!

Anonymous said...

Shouldn't this article/blog be tied into the previous one about developers in the pockets of local politicians, "shoehorned" there by the banks?

Look at all the empty condo projects; not just downtown but in Souhtpark ( corner of Fairview & Park ) and also whatever that monstrosity is at Providence and Sharon Amity.

Vision for the city must include knowing how much is too much...

Anonymous said...

This is total BS. I hope it's considered an opinion piece. The article is filled with half truths (ie. most of the teachers fired have already been re-hired). Things are bad here - but no worse than other big cities - and much better than many.

Anonymous said...

How about this Charlotte: stop IGNORING the creative class!

Anonymous said...

As much as I HATE Charlotte, I don't want to see it fail. A lot of things mentioned in the article are true, but it has a very negative outlook on its future, which I think is BS.

Anonymous said...

yea right elect anthony foxx, just another tax and spend lib democrat. what's his big plan, revitailze the thug infested eastland mall hood. Good luck

Anonymous said...

This is a crucial time for the city of Charlotte. Really - it's a terrible time for Mayor McCrory to be stepping down, b/c this is when we need him most. He has been a huge advocate for the city and is responsible for a lot of the growth we've seen. The only possible way to avoid the city crumbling is to make sure that John Lassiter is elected Mayor. He is the only one with the experience and drive to run this city like a business, and ensure companies come here - stay here - and employee our citizens.

Anonymous said...

Wonder how Duke Energy, the second largest electric utility system in the US and currently a leader on energy policy, feels about being called "a regional power company [unnamed]"?

Anonymous said...

Ouch.

Anonymous said...

Wake up folks! This is retribution for Charlotte taking the #1 banking position in terms of assets on deposits from New York. Washington and Wall Street are cohorts in ensuring that the balance of financial power is restored on Wall Street. And that "balance" comes at Charlotte's expense.

Anonymous said...

I love how conservatives complain about "tax and spend libs" when Republicans do a pretty good job at that themselves (Bush Administration, Pat McCrory anyone???)

Ken Lewis said...

Where there is smoke. There could be fire !

Anonymous said...

The story misses two marks. It talks about thousands of teachers being laid off but never mentions that most of them got rehired. Then it seems to say Charlotte is the only city hurting now. Almost like we’re Detroit or something. Last time I checked there were several other places just as bad. Atlanta being one. Seems like the writer has an axe to grind with Charlotte.

Anonymous said...

Someone mentioned DC's traffic.
It has more traffic than Charlotte because it has more jobs than Charlotte. A more diverse employer-base and a recession-proof industry called...the Federal Government, which all of us are making that way.

Wachovia and Bank of America are struggling. Reality 101
And laying off or have done so.

Has the federal gov laid off?
Nope

Anonymous said...

Atlanta is no where near as bad as Charlotte. The point is that Charlotte's unemployment is way up there with places like Detroit. Atlanta is not.

TheFirstResume.com said...

The Washington Post a liberal news source, therefore unreliable and inaccurate. The hec with them.

Anonymous said...

replying to the genius above who referenced Bush & McCrory... have you seen your new president's spending plan? Give me a break.

Anonymous said...

To the poster at 2:55 Atlantas unemployment rate is over 10%. Charlottes is just over 11%. Both are terribly high.

Anonymous said...

The writer was certainly happy making his money here while he worked at the Observer. If Charlotte is such a horrible place, then I doubt his job writing stories at the little paper here would have propelled him to earn a job at the Washington Post. It may not be great here right now, but a little balanced journalism might help the cause!

Anonymous said...

To the poster at 2:54... the banks are actually hiring - at a very fast pace. Check your facts... It's not March anymore. There are a ton of opportunities at both Wells Fargo and Bank of America at the moment for folks that weren't part of the "fat trimming" that was needed anyway.

Anonymous said...

And lets not forget that the Gloria Pace King fiasco at United Way put the skids on our charitible donations long before we were feeling this recession. I don't think that piece of his equation is accurately represented in any way.

Anonymous said...

Detroit's unemployment rate is 29% btw. The hyperbole here knows no bounds.

Dr. Horrible said...

Anonymous said...
How about this Charlotte: stop IGNORING the creative class!

=====

Get a job and a bath, hippie.

Anonymous said...

"replying to the genius above who referenced Bush & McCrory... have you seen your new president's spending plan? Give me a break."

The point is that REPUBLICANS raise taxes (on a different class of people) and spend a lot of money too.

Forde said...

This reads more like a spiteful condescending slap than a real, informed article. CLT is in the same boat as everyone else & the banking situation is not nearly as dire as painted. Applebaum just reinforces the national assumption: that Wachovia's sale=doom for the Queen City...far from it.

Anonymous said...

so what IS happening along the light rail corridor?

Anonymous said...
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DWright1 said...

I really don't care if the "Creative Class" gets a bath OR a job. But you certainly do sound like a 4-year-old who wants a cookie.

DWright1 said...

Anonymous 3:54--

See, another voice from the Creative Class checks in.

Anonymous said...

Charlotte was a very good city until it became a cess pool for every Yankee City that was falling apart. how manny people ever move to the north????

Anonymous said...

lets all pack and and invade a northern city and bug them until their economy falls apart than leave town!!

Anonymous said...
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Anonymous said...

General Sherman came back to the North after "visiting" the South.

Where did this article start the North/South debate?

The South still has the least educated states, lowest salaries, and voted for McCain/Palin - who lost. Many years after it had slavery and lost a war in 1865.

Anonymous said...

What a bunch of immature losers posting on here lately.

As for the article, IMO, it was a sympathy piece by the Post for one of their favorite cities. Yes, some people REALLY DO like Charlotte and they have seen it as an excellent alternative to NYC, Boston, Buffalo, DC, Baltimore, Philadelphia and whereever else they find themselves in the overpriced, cold, congested streets of America. Every city Charlotte's size or bigger is full of creative/skilled transplants and they aren't just welcome, they REALLY WANTED. So come on down and get a piece of the good times that are coming to the Queen City. Have you seen our shiny new museums and light rail lately?!

Anonymous said...

Although there are a few good Yankees that now live down here, it is true that Charlotte has lost its Southern Hospitality charm that it had 10-15 years ago. I am 46 years old, born & raised here, and have seen a lot of change during that time. Not necessarily for the better.

Anonymous said...

If NYC & DC were of half the value they claim to be, why didn't they bail out their own mess. According to every published record of what really happened, BOA was the only Bank in this country that could save America from falling into a worse depression than what we have now. It is becoming very clear that Charlotte was Ground 0 for Wallstreets collapse. Merril Lynch is alot of the blame for our Charlotte's unemployment

Anonymous said...

Ouch.

Anonymous said...

The word "coffers" does not work here at all, sorry.

Anonymous said...

If so many of you who live here post such negative comments about Charlotte, are you such losers that you can't afford to move? Stick out your thumb and take the first ride out of town.

Anonymous said...

Sheesh! This is hardly Detroit or Flint. Seems like we're getting bashed around b/c of the banks but they're not really shinking or anything although it would be nice to have some other major industry call this home. So... um... does DC have a streetcar?

Anonymous said...

No streetcar, no nothing except govt. jobs courtsey of all us taxpayers. Small govt is on the way out, next 5 years get ready for more yanks.

Anonymous said...

I like Charlotte. Great city to raise a family.

I think the article laments having one industry dominatethe culture of a city ( as mentioned by others ) and the rammifications of that industry taking a hard hit.
Textiles were string here years ago; now all but gone.

Who's to say banking won't be gone in 10 years?

Anonymous said...

"textiles were strong"

sorry for the quick typing

Anonymous said...

Someone said
"Have you seen our shiny new museums and light rail lately?!"

You mean the Nascar Museum and the "Light" Rail system that goes in one direction, which hardly is useable to the masses?

You should get out more and see NYC, DC, Chicago's rail system.

And I'll asure you that the Whitewater Center and Nascar Museum doesn't add up to national tourist attractions found in NYC, DC, Chicago.

Face it, Charlotte is Atlanta JR. Far from NYC and is still a town - just a larger town than it used to be.

Anonymous said...

Charlotte will rise again!

Anonymous said...

Anonymous 05:02:00 PM said...
"I like Charlotte. Great city to raise a family."

What if you don't have a family?
What if you don't need "more house for your money?"
What if you don't need shiny SUV to complete your identity?
What if you don't like sitting in traffic?
What if your idea of a nice weekend is doing something besides mowing the grass and grilling out with the same dozen people?
What if you like to hear some great live music, and socialize with people from another culture? What if you like to live in a city that's a player on the world stage?(--sorry, that ain't the QC)

Anonymous said...

5:16 hitthe nail on the head.
Charlotte is nice, especially to raise a family. But it is NOT hardly a player on the world stage...or even national stage.

Atlanta is. Charlotte has tried hard to be Atlanta Jr.
Not hardly there.
Not a WORLD player.
Still a CAROLINA player or ACC player.

Anonymous said...

Why is a writer that worked at the Charlotte Observer and decided to move on by taking a job with the Washington Post still focused on the "Queen City"? Not to mention writing an article about Charlotte in the Washington Post. I am sure Washingtonians could give a flip about Charlotte. Do you want to get your old job back at the Observer? Just something that makes you go Hmmmmmm.

Anonymous said...

to "what if"

Charlotte is a great city if you're single too. All the things you listed are doable...I was doing them before I got married and still doing them.
You have to look harder.
There are incredibly diverse international people here in Charlotte. I would say probably close to 40-50 countries represented.
There is nothing wrong with an SUV or large house if you can afford it. If you don't like traffic, ride your bike or walk ( or take the train if you live close enough to walk to it ).

My idea of a great weekend is either enjoying time with my family in the backyard, going to the mountains, going to the beach or having friends over for a cookout.

Throw in the odd triathlon and that's pretty good!

Anonymous said...
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Anonymous said...

Actually, Mary, the author of the Wash Post article wrote that the opening of the GANTT center may be the city's last hurrah.

Big difference than saying that the opening of the entire cultural campus.

That the author neglects the NC Dance, Becthler, Mint and NASCAR show how little he researched his article

Anonymous said...

To all the scum bags that are comparing Charlotte to Atlanta. There is no comparison. Charlotte has more class than Atlanta ever will. Atlanta likes to pick on the Queen city because it is jeleous that Charlotte is smaller and gets more press. Atlanta is no New York and never will be. Charlotte is happy with who it is. We are not trying to be something we are not hint, hint:)

Anonymous said...

Charlotte is what it is. It is not Atlanta, or DC, or NY, or Chicago. It's just Charlotte. If you don't like it, go somewhere else, or stay and do something to change your bad attitude.

Anonymous said...

If this is bust, then I'll take it because things haven't been THAT bad in Charlotte, relative to many other cities.

Anonymous said...

I love Charlotte.

Anonymous said...

5:16...

What if you're too stupid not to move to a place that suits your taste? I guess it's easier to complain on a blog then actually do something about it...Hmmm

Anonymous said...

4:35...

Can you get any more irrelavant? going back 300yrs? Really?

Common sense tells you that people will move to improve their situation. Hence, the large migration from the North to the South. Care to respond?

Anonymous said...

Charlotte is a great town, but I LOVE Atlanta!

Anonymous said...

Truth is Charlotte exists in a state where the capital is actually competition. What other city faces that type of opposition but still remains progressive? So, with that being said I think as long as Raleigh can suck money from us we will always struggle one way or the other. As for Atlanta, there isn't a comparison. I have heard so many wanna be rappers, thugs, hoodlums, and bad news girls, (bad circle of friends huh?) say they're tired of Charlotte and want to move to Atlanta.... shoot, I say all we have to do is wait it out! North Carolina as a whole is special. I can't think of too many states that can offer multiple cities to choose from, every type of environment except a desert, and people who actually care how we're viewed. To me, Charlotte is the biggest city here for a reason, I don't kno the reason, but I'm sure its a good one. We're gonna bounce back.

Anonymous said...

AHAHAHAHHAHAA. Charlotte has more class than Atlanta??? AHAHAHAHHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHHAHAA. I don't think so.

Anonymous said...

"5:16...

What if you're too stupid not to move to a place that suits your taste? I guess it's easier to complain on a blog then actually do something about it...Hmmm"

Not complaining. Simply contrasting. And I did move. But I still own a condo in Charlotte. Wanna buy it? Since Charlotte so awesome, I'm sure it will be a great investment.

...and it's so appropriate that my little code I have to type in to post this is "mullyt." hahaha...

Anonymous said...
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Anonymous said...

Charlotte is hick central. You just can't escape them! :-(

Anonymous said...

I know more people who don't like it here than do. Maybe it's because Charlotte sucks?

Anonymous said...
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Anonymous said...

The narcissistic people leaving comments on this blog need to learn the difference between an opinion and fact. Just because you say something or believe something doesn't mean it is factual.

Anonymous said...
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Anonymous said...

Who cares about Atlanta? I just spent 2 weeks there for work and it blows! What can I do there I can't do here? Watch the Atlanta Braves? I'll pass, I can see AAA baseball right here.

Anonymous said...

i hate southern people.

Anonymous said...

I love that you hate southern people. We hate you too, so leave.

Anonymous said...

"Who cares about Atlanta? I just spent 2 weeks there for work and it blows! What can I do there I can't do here? Watch the Atlanta Braves? I'll pass, I can see AAA baseball right here."

Good! Because I'm moving TO Atlanta. Don't want people like you living there anyways. You can stay right here in WONDERFUL Charlotte!

Anonymous said...

do southern people ever bathe? why are they so fat? why do they love jesus so much? so many questions, so little answers.

Anonymous said...
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Anonymous said...

HEY Y'ALL I'M OPENIN' UP A NEW STORE. IT'S GUNNA SELL CAMO GEAR! GET YUR CAMO HATS AND SHIRTS AND JACKETS! IT'S THE NEWEST FASHION STATEMENT Y'ALL. WE LOOK SO COOL IN OUR CAMO, HUNTING GEAR. YEAH Y'ALL.

Anonymous said...

Why do all northerners all have 80's haircuts and big noses?

Anonymous said...

Can keep the 12 year olds off the blog? Like the one that is posting at 8:03, 8:04, and 8:05?

Anonymous said...
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Anonymous said...

Y'ALL

Anonymous said...

Its funny that all you northerners suddenly become SO tough on the internet. I would be willing to bet you don't have such a big mouth when your bagging my groceries or pumping my gas. You're second class citizens from second class cities who are beneath us so just leave.

Anonymous said...

Why do we always compare ourselves to Atlanta. They are two different cities. You can like them both. NC is home, but man Atlanta is great, has everything, and is actually more southern (and interesting) than Charlotte.

Anonymous said...

Second class cities? Except for Atlanta, I'm pretty sure that's the rest of the South. Let me check... yep, it is.

Anonymous said...

OH NO!! NOT AN EGG...REALLY? WHAT WILL I DO? I GUESS I BETTER QUIT POSTING SINCE YOU ARE SO SERIOUS. Give me a break Poindexter, let me know when you're leaving so I can give you a nice going away gift.

Anonymous said...

"Why do we always compare ourselves to Atlanta. They are two different cities. You can like them both. NC is home, but man Atlanta is great, has everything, and is actually more southern (and interesting) than Charlotte."

I agree. Atlanta is more Southern than Charlotte, but in a GOOD way.

Anonymous said...

I do not think that there is anyone in Atlanta, Georgia posting blogs comparing their city to the "QC".

Anonymous said...

Charlotte isn't a second class city because it's not even a city. It's a town, with some big buildings. Keep telling yourself that Bubba. Whatever helps you sleep at night...

Anonymous said...

Second class cities? Except for Atlanta, I'm pretty sure that's the rest of the South. Let me check... yep, it is.


Then why are YOU here?

Anonymous said...

Ah Charlotte
Second within itsown state to Raleigh, which has:

Better rated schools, lower crime and annual murders, a better and more diverse economy, more jobs, is now dependent on one/two industries, more colleges, and a more central location.

So to all comparing Charlotte with real cities, put the rum down. It's expanded the past decade by claiming more county land. People 5 minutes from SC and Concord Mills has "Charlotte" addresses.
Misleading size as a result...

Anonymous said...

"I do not think that there is anyone in Atlanta, Georgia posting blogs comparing their city to the "QC"."

Yeah, because they have better things to do than the yokels here who think they live in the "big city" and they so much "classier". HAHA.

Anonymous said...

I have a new slogan for the city!!!

"Charlotte: Even it's name is boring."

Anonymous said...

Gotta go
Time to go shop in downtown Charlotte for a new suit, dress, groceries...

Oooops, its after 6pm and everyone is gone from the town (railroad tracks still stop cars like Mayberry) and guess what...there is no where to buy what I listed above - even at noon on any day.
Cause its still a (larger) town...

Anonymous said...

Ah Charlotte
Second within itsown state to Raleigh, which has:

Better rated schools, lower crime and annual murders, a better and more diverse economy, more jobs, is now dependent on one/two industries, more colleges, and a more central location.

So to all comparing Charlotte with real cities, put the rum down. It's expanded the past decade by claiming more county land. People 5 minutes from SC and Concord Mills has "Charlotte" addresses.
Misleading size as a result...

Raleigh? What? People from other parts of the country don't even know what state Raleigh is in. Your city sucks and so does that pathetic Wolfpack football team.

Anonymous said...

I mean:

"Charlotte: Even its name is boring."

(just wanted to correct the typo because the bigots here will resort to telling me I can't spell or I don't know English)

Anonymous said...
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Anonymous said...
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Anonymous said...
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Anonymous said...

Someone wrote
"Raleigh? What? People from other parts of the country don't even know what state Raleigh is in. Your city sucks and so does that pathetic Wolfpack football team."

I don't reside in Raleigh, but since you mentioned Raleigh. Notice who the Washington Post accurately wrote about today. Wasn't Raleigh, that has state jobs and more profitable companies by far than Charlotte does. Speaking of college football teams, since you mentioned it, how is UNCC's doing? And where is your downtown shopping that big cities have?

Anonymous said...

Well I am glad you have found a place that makes you happy! I already know where that place is for me, and it's not Charlotte. You're whole "we don't want you here either" thing doesn't bother me. I don't care about you or what you think! In the meantime, I hope me being here continues to piss you off.

Anonymous said...

I don't reside in Raleigh, but since you mentioned Raleigh. Notice who the Washington Post accurately wrote about today. Wasn't Raleigh, that has state jobs and more profitable companies by far than Charlotte does. Speaking of college football teams, since you mentioned it, how is UNCC's doing? And where is your downtown shopping that big cities have?

WHAT? You don't live IN Raleigh? Well then how do you benefit from all these great schools and benefits of living in Raleigh? Just face it, you're little brother, and by the way UNCC is still undefeated last time I checked. As far as shopping, I could care less, I don't sit around with MY buddies asking if they've seen the NEW Abercrombie line. Halloween is upon us so I hope you and YOUR buddies have a nice tickle fight.

Anonymous said...

Most people in Atlanta have never have traveled outside of Atlanta. Kuntry with a capital K. Trust me the secret is out. Atlantans can't drive. Atlantans are backwards. Everybody has a red "G" on their truck (HA, HA, HA)and never went to the college. Housewives of Atlanta embarassing (OMG)! Ignorant people thant can't talk. Peachtree road other than that it is off the beatin path (Kuntry). There is nothing about Atlanta that says world class city. What is the point of having transit if people don't use it (suburbia). Atlantans have no style pretenders. The food sucks compared to the "QC". Bland, Bland, Bland! If you like drugs, strip clubs, tramps, traffic, killings live in the ATL ehh, ehh ehh isn't that what you guys say down der (stupid).

Anonymous said...
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Anonymous said...

Actually, I am here because my parents job relocated us here. My parents are doing great and do not live above their means. They like it, because it's great for people their age. For me, not so much. Once I graduate from UNCC in December I'm getting the hell out of this hicktown.

Anonymous said...

Charlotte's "economy" died years ago.
I recession went to depression and no one will tell the truth about it.
Same all over the US.

Anonymous said...

Shawn, you're an idiot. Let's see, 5.5 million people in Atlanta compared to 1.7 million in Charlotte and Atlanta is "kuntry"? OOOOKK. The population of Fulton and Dekalb Counties equals the metro area of Charlotte! Gwinnett County, a suburban county, has almost as many people as Mecklenburg! Atlanta is far from "kuntry".

Also, Atlanta is known as the DINING and SHOPPING CAPITAL of the SOUTHEAST. And what Real Housewives show is not embarrassing???

Are you that *dumb*???

Anonymous said...

"Once I graduate from UNCC in December I'm getting the hell out of this hicktown".

Forget graduation get out now! Go to the ATL and get a real Kuntry edumacation.

Anonymous said...

Let's compare Raleigh and Charlotte where it matters most - IMPACT. Charlotte has (or HAD) banking impact per today's article. But Raleigh has controlled Charlotte since the 1800's and will always control you. In Charlotte, Pat McCrory is a demi-God. In Raleigh, where he's failed to get to (cause that's where the STATE IMPACT is made), he's another failed Charlotte politician that couldn't have statewide IMPACT. Notice that Jesse Helms had to leave Charlotte to have greater IMPACT. And Raleigh controls your $. Notice your 485 is not finished but Raleigh's outer Beltline is?

Anonymous said...

FYI, MARTA rail transit may not be as good as say, DC's rail transit, but it's ridership is in the top 10 nationally. I wouldn't say "nobody uses it".

Anonymous said...
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Anonymous said...

Shawn says "Forget graduation get out now! Go to the ATL and get a real Kuntry edumacation."

Do you really want to compare the caliber (do you know what that word means?) of colleges in the Atlanta area to Charlotte? Hmm, let's see, UNCC, Johnson C. Smith, Johnson and Wales, Belmont Abbey to Georgia Tech, Emory, Georgia State, Oglethorpe University, Spelman, Clark Atlanta, Morehouse, SCAD Atlanta, University of Georgia. You can get a better education in Atlanta and that's why more companies move there! DUH. Same with Raleigh-Durham.

Anonymous said...

Let's compare Raleigh and Charlotte where it matters most - IMPACT. Charlotte has (or HAD) banking impact per today's article. But Raleigh has controlled Charlotte since the 1800's and will always control you. In Charlotte, Pat McCrory is a demi-God. In Raleigh, where he's failed to get to (cause that's where the STATE IMPACT is made), he's another failed Charlotte politician that couldn't have statewide IMPACT. Notice that Jesse Helms had to leave Charlotte to have greater IMPACT. And Raleigh controls your $. Notice your 485 is not finished but Raleigh's outer Beltline is?

So I guess the NFL, NBA and the largest banks in the country chose Charlotte over Raleigh because of Raleighs impact? PLEASE, somebody has apparently brainwashed you, but lets be honest, it didn't take much. You're only industry worth its salt is medical research because they know they can use all you rednecks as lab rats. Congrats on the Hurricanes though...slow clap.

Anonymous said...

"As long as you stay on Peachtree Rd you are in the city. The moment you take a left or right you are in the Kuntry. If that is what you call a city that makes you Kuntry like I said."

Riiiiight. So tell me, where in Charlotte is it more city-like and how is Charlotte less "kuntry". The 7 blocks and 20 buildings that make Uptown Charlotte? Haha.

Anonymous said...

FYI, MARTA rail transit may not be as good as say, DC's rail transit, but it's ridership is in the top 10 nationally. I wouldn't say "nobody uses it".

I don't think that is correct. People may want to use it but Atlantans alwyas seem to miss the train as a result of trying to avoid talking to your drug infested bums always begging for money all over atlanta. The truth hurts!

Anonymous said...

My bad
Who said nobody uses the "light" rail system that's real light and named right. Going in one direction and back like a Carowinds ride with like 2-3 attached cars. Not exactly a big city or even city model. After 7pm, its as dead as Charlotte's big city downtown...

Anonymous said...

Wow. Why all the hate for Charlotte? No, this is not Atlanta. There is good and bad in both places. I love living in Charlotte. I have to agree...if you don't like it here then there is a huge world of places you can go. One thing though. nice as Atlanta is, it can't hold a candle to Miami when it comes to nightlife, shopping, diversity, etc.. Raleigh? I've lived there too and I did not like it at all, but it's a great place to live for many. Yes, if you like Atlanta then I agree you should just move there and not look back. Take your hate with you too, please.

Anonymous said...

Riiiiight. So tell me, where in Charlotte is it more city-like and how is Charlotte less "kuntry". The 7 blocks and 20 buildings that make Uptown Charlotte? Haha.


It's called smart controlled growth but if you are from Atlanta you would not understand that.

Anonymous said...
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Anonymous said...

Oh so Charlotte is a big city because it has major pro sports.
LOL
LOL

Name another city that lost an NFL or NBA team within a decade.
Drumroll
Charlotte
Isn't Hornets from 'Hornet's Nest', a Charlotte myth to be proud of? Then why are they in a real US city like New Orleans?

Last I checked, Raleigh has a pro title. Charlotte has a forgotten Super Bowl visit (loss)...

Anonymous said...

"It's called smart controlled growth but if you are from Atlanta you would not understand that."

WHERE IS THIS SMART CONTROLLED GROWTH? Charlotte is just as spread out, it's just not filled in like Atlanta! Don't be so naive. I feel sorry for you, I really do. You still didn't answer my question. How and where is Charlotte more city like and less "kuntry" than Atlanta. I want examples. Wait, you can't give any, because you have no idea what you're talking about.

Anonymous said...
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Anonymous said...

Hey man I call it like I see it. Unlike some of my fellow Charlotteans who have never lived in Atlanta I made the stupid decision to move there from Charlotte in the pursuit of luv. I wised up real quickly and cut my losses. So yes I do know what I am talking about. My tour was 7 years. What a nightmare.

Anonymous said...
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Anonymous said...

Shawn, it was a nightmare because you're "kuntry". "Kuntry" people can't survive outside of the "kuntry". That's why you moved back to Charlotte, because it's "kuntry" enough for you.

Anonymous said...

Who gives a rats a$$ about a light rail or subway system? Lets be honest, it was designed primarily to take the less fortunate (like you) to your $8 dollar an hour job. The people who matter don't need it and don't take it, but in the meantime enjoy being part of the "ridership."


Hey readers this is what I am talking about. What major city do you know does not have an efficient mass transit system? (just Atlanta) Let's not talk about pollution. Yea I have a nice car but I am also eco friendy. Do you know what that is Mr. Atlanta?

Anonymous said...

Oh so Charlotte is a big city because it has major pro sports.
LOL
LOL

Name another city that lost an NFL or NBA team within a decade.
Drumroll
Charlotte
Isn't Hornets from 'Hornet's Nest', a Charlotte myth to be proud of? Then why are they in a real US city like New Orleans?

Last I checked, Raleigh has a pro title. Charlotte has a forgotten Super Bowl visit (loss)...

HAHAHAHAHA...I knew it! I knew you were gonna bring up your "pro title!" Give me a break, how many Raleigh natives are on that team? How many americans on on the team for that matter? When they get a player with less than 12 letters in his last name let me know. Yeah, the Hornets left, BUT guess what the NBA decided it HAD to have a team in Charlotte not Raleigh. Granted, the Bobcats suck. New Orleans, a real american city? Really? Their mayor says it is a chocolate city and I would love to see the numbers on that dump!

Anonymous said...

"Hey readers this is what I am talking about. What major city do you know does not have an efficient mass transit system? (just Atlanta) Let's not talk about pollution. Yea I have a nice car but I am also eco friendy. Do you know what that is Mr. Atlanta?"

Los Angeles? Houston? Miami? I KNOW there are more people in Atlanta who are eco-friendly than in Charlotte. Charlotte is a conservative, pick-up driving town.

Anonymous said...

Shawn, it was a nightmare because you're "kuntry". "Kuntry" people can't survive outside of the "kuntry". That's why you moved back to Charlotte, because it's "kuntry" enough for you.

I am actually communicating with you from Toronto Canada. But I just love Charlotte! I had some great times there unlike Atlanta. People from Atlanta are so insecure. Before I left Atlanta I told people I was moving to Toronto they didn't even know where that was, do you?

Anonymous said...

Hey readers this is what I am talking about. What major city do you know does not have an efficient mass transit system? (just Atlanta) Let's not talk about pollution. Yea I have a nice car but I am also eco friendy. Do you know what that is Mr. Atlanta?

If you wanna ride a bus or take a train Prius Boy then go somewhere where you deem the city to have the appropriate accommodations for you. Better yet, Eco Boy, ride your bike that was completely made from hemp to work and you will be doing the world a huge favor....thanks.

Anonymous said...

And Atlanta has more efficient mass transit than Los Angeles, Houston, Miami with higher ridership. You obviously hate Atlanta because you were too "kuntry" make it there. That's not Atlanta's fault.

Anonymous said...
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Anonymous said...

If you wanna ride a bus or take a train Prius Boy then go somewhere where you deem the city to have the appropriate accommodations for you. Better yet, Eco Boy, ride your bike that was completely made from hemp to work and you will be doing the world a huge favor....thanks.


I put my money where my mouth is, I did! I got out of dodge. Even though Charlotte has lost some banks read your Atlanta Business Journal I swear companies are overlooking Atlanta and choosing Charlotte to re-locate. How is that? A mega city like the ATL is loosing business to little ol Charlotte. Well let's talk about infrastructure, crime, schools (Clayton County you know what I am referring too), traffic. I can go on and on and on etc...

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Anonymous said...

NOOO, I am so *stupid*. I have NO IDEA where Toronto is!! Didn't you just say it's in Canada? Wait, where is Canada? Gosh, I'm so DUMB because I'm from Atlanta!!

Okay, I will give the benefit of the doubt since I told you:)

Anonymous said...

I put my money where my mouth is, I did! I got out of dodge. Even though Charlotte has lost some banks read your Atlanta Business Journal I swear companies are overlooking Atlanta and choosing Charlotte to re-locate. How is that? A mega city like the ATL is loosing business to little ol Charlotte. Well let's talk about infrastructure, crime, schools (Clayton County you know what I am referring too), traffic. I can go on and on and on etc...

Hey retard, I'm from Charlotte, what are crying about?

Anonymous said...

Hey retard, I'm from Charlotte, what are crying about?


u r not from Charlotte because Charlotteans are not ignorant!

Anonymous said...

Not talking to you Shawn, I've been a big fan of your posts on here tonight. I'm glad you showed up, I was outnumbered for awhile.

Anonymous said...

Atlanta losing jobs to Charlotte? Not really. I guess you are not aware of NCR's world headquarters move from its home of 125 years to the Atlanta area. This relocation is expected to bring up to 1250 jobs to the area. NCR is a F500 company. NCR's relocation to the Atlanta area bolsters Atlanta's importance in the technology field. Another Fortune 500 company, FirstData, is also relocating it's headquarters to Atlanta. Also, Doosan Infracore Inernational will move its North American corporate offices to Atlanta. Hartsfield-Jackson International Airport as well as Atlanta's large Korean population was sited as reason for the move. I'm pretty sure Charlotte lost out on Doosan to Atlanta! This isn't all of it either. Hmm, it seems like you haven't been reading the Atlanta Business Journal......

Anonymous said...

Good night my little ATleans it's time for me to go out in a real city. Toronto and Charlotte rock!

Anonymous said...

Isn't Charlotte losing jobs to York County, SC? Yeah...

Anonymous said...

"u r not from Charlotte because Charlotteans are not ignorant!"

It's obvious you have never lived here. For a city of this size, people here are extremely ignorant.

Anonymous said...

Yeah, its getting quiet on here. I guess all the poor little transplants are in bed so they can get up and hit the job hunting trail tomorrow. Enjoy.

Anonymous said...

What "major city" has railroad tracks to cross like Mayberry RFD?
Thus not a major city at all, but a large town with pro sports like Orlando and Nashville and Memphis.
Having pro sports doesnt make you a major, national and worldwide player. Sorry to tell you that. Impact and influence does.

Raleigh is the most infliential city in NC, which is why McCrory and Gantt and others have tried to get there. They only have LOCAL impact in Charlotte. Bev Purdue IN RALEIGH has STATE IMPACT. In DC and NYC, WORLDWIDE IMPACT. Charlotte isn't that major city you dream it is///

Anonymous said...

The large town of Charlotte has fewer Fortune 500 companies headquartered in Charlotte than Durham does. Less than 10 I read.
Can no longer count Wachovia, which is now headquartered in Cali.
Today's articile, which started all of this with its reality by the ex Charlotte Observer guy, explained this in great detail.

Anonymous said...
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Anonymous said...

HEY SHAWN. Since you live in Toronto, have you ever heard of or driven on Highway 401: the busiest and WIDEST freeway in North America? You know what that means? It means a lot of people drive there! Although Toronto may be denser and more walkable than the city of Atlanta, there is just as much if not more sprawl and suburbia in the Toronto area. Enough to have North America's busiest and widest freeway!

David I said...

lol. When did this blog turn in to a school yard playground? The majority of comments here are just plain immature and have little to do with the actual article.

For all the people that like living in CLT, glad you're here.

For all the people who don't like living in CLT, sorry. You can always leave. Unless of course you don't have the means to. If that is the case, too bad. Suck it up until you do. But no one likes to hear people complain all the time.

I am actually from here and do like living here. I'd never stay in a place I didn't like.

Granted I've also lived in South Fla., NYC, L.A., & Dallas, TX. But I've never even had the urge to compare one place to another. Why? Because it's pointless. No two cities are the same. That's the point.

Anonymous said...

Ever notice how nearly every picture of downtown, yes I said Downtown, Charlotte run by the CO manages to exclude any image of First Union(aka..., aka...) buildings? Unless the article is specifically about FU, there is no sign of it in the pictures. The composition and backlighting make for a very nice picture for this article. Just seems odd that the other bank's buildings seem to be ignored.

Anonymous said...

Nothing ever gets accomplished by arguing over what city is coolest.

If you want better (schools, roads, police etc.) get involved. Call your elected officials. Run for office. Write letters. Attend council meetings. DO SOMETHING. Yapping on the internet sure doesn't help.

If you want a (bigger city, smaller city, warmer climate, colder climate, different demographic) then go find it. These things are different everywhere.

Don't make excuses for yourself, or others. Recognize the things you need and do what it takes to make it happen.

Anonymous said...

Someone said Raleigh can't afford pro sports. Where did the Hornet's go? Were they afforded? Maybe for 5 minutes. What about the arena they played in? Wasted property. The Whitewater Center? More wasted $ as the article pointed out. Re-read the article today from today. All built by banking, wasted by banking and lost due to banking.

Again, today's article is about Charlotte - not Raleigh, Atlanta, DC, NYC, other cities. CHARLOTTE

Anonymous said...

Please, can someone point me to another city in this country that has such a love hate relationship among people that live there.

Charlotte stirs up more hatred than any other city in the country, and for GOOD reason.

The Charlotte realtors/sellers even showed up to the WashPost website, with the "come and see for yourself" quotes.

Wait, look at us we have the Epimall, and a new art museum, Soon a pro sports hall of fame, not to mention a 50 story residential tower. Truly World class huh, but Charlotte has the worst and most useless people in the world, totally full of themselves for no reason.

Anonymous said...

OH yeah, I was poster 11:15 and I grew up in Charlotte 30 years ago.

Anonymous said...
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Eman said...

Who cares what this guy Appelbaum writes? These types are always critics and never creators. He was obviously just a neo-carpetbagger, a rootless cosmopolitan nomad with no true connections to this city who ended up skipping town once the overall economy in the area started to slow down. We don't need or want his kind here.

Anonymous said...

Wachovia was bought out by FU, but FU kept the name. What does FU stand for?

Anonymous said...

CLT is an interesting place. I'm a 'yankee" who went to college & grad school in the RTP and have lived in various parts of the US [Boston, NYC, DC, KC], and London.I had visited Charlotte several times while living in the RTP and then spent a year there planning to stay. People are friendly and the city/town is beautiful. I enjoy the museums and theater in CLT, but think it is overall limited and a rather boring city. It might lack traffic, but it is one of the most confusing cities to get around in.

Anonymous said...

Anon:"Raleigh is the most infliential city in NC..."

I agree because Raleigh is the seat of NC's government, but Raleigh is less of a city and much more of a HUGE suburb. A great model of 'Sprawlsville USA,' MUCH more than Charlotte and other cities. Also, I'm pretty sure the non-natives outnumber the native North Carolinians in Wake County now. The main advantage that Raleigh has over Charlotte is the large numbers of universities and colleges in the area. Charlotte definitely needs to expand its local colleges and universities BIG TIME.

You must also understand that Charlotte is not only the biggest city in NC, but also in SC as well. Charlotte is right on the border with SC, its city limits stretching to the state line. Thus Charlotte is also one of the most important cities of SC too; Charlotte is the main city which links both of the Carolinas.

Anonymous said...

i agree that Raleigh is a suburb- I always refer to it as a glorified suburb. It lacks the cosmopolitan/metropolitan flair. It does have a more liberal attitude, with impressive diversity, and world class universities. The lack of "city" and even the lack of access to a city always bothered me when I lived in the RTP although it's a great place- nice people, great climate.
However, as much as Charlotte has a skyline, major airport, and a light rail, it is otherwise as much of a suburban-type city with CLT expanding into areas that are a far cry from a metropolitan city.
The bottom line- there is somewhere for everyone. We make our own happiness. CLT has so many pros- great weather, good cost of living, access to mtns and beach... but it's otherwise small and limiting. No where is really perfect- I've lived lots of places!

Anonymous said...

That is the problem with Charlotte ....North South wanna be atlanta wanna be NY wanna be whatever .... why dont everybody who complains make the city you live in better?? what did YOU do to make it better??

Anonymous said...

As I said in the last post, Charlotte REALLY needs to expand its presence in higher education, which is one of NC's major overall strong points. The NC Upstate obviously has us beat big time in this respect. For such a large city, Charlotte has a huge deficiency of colleges and universities.

The City of Charlotte should either try to (1) found one or more new private smaller elitish liberal arts similar to Davidson located directly in downtown and/or just majorly expand and 'elitize' Queens; (2) perk up the state, regional, and national reputation of the already existing local colleges/universities like UNCC, Queens, JC Smith, etc; (3) petition the state government to build another public college/university here directly in downtown, especially something which focuses on professional schooling (medicine, law, business, engineering, etc) -- it would be called something like 'UNC Professional College' or something like that, similar to the UNC School of the Arts. Funnel the best of the best from NC in to this new professional college instead of having them all funnel in to UNC Chapel Hill, Wake Forest, NC State, Duke, etc...those colleges and unis have all been mostly taken over by out-of-staters already anyhow.

And after all that, the University of NC at Charlotte (UNCC) should then promptly be renamed to the University of NC at Concord. ;)

Charlotte should also seek to cultivate MUCH closer ties with the city of Winston-Salem -- both cities are similar in many ways, and very close to each other...during good traffic, a person can drive from Charlotte to Winston-Salem in only about 1 hour. Perhaps a twice daily quick train-line could be built between Charlotte and Winston to facilitate more close contact and commerce between the two cities?

Anonymous said...

Not just linking up with Winston actually, but the entire I-85 corridor.

As many others have, I envision a high-speed rail line stretching from Charlotte up through Winston/Greensboro/HP and then on to Raleigh/Durham/CH. From there, high speed passenger rail can link up parallel to I-95 then on up to DC/Baltimore and thus Philly, NYC, Boston, etc.

Looking south, the rail-line in Charlotte can then head I-85 south through upstate SC (linking to Greenville) and then on to Atlanta. What is needed is a linkage of all these major cities that has more efficient and quicker ways of transporting people aside from cars. This would link up the entire East Coast by passenger rail all the way from Boston to Atlanta, or even further south to Miami.

Building this rail line would be a major job-creator for years to come.

On the West Coast, a similar high speed passenger rail-line should be built from San Diego all the way up to Seattle.

Pseudothyrum said...

I wouldn't want to be in Atlanta once the water supply runs out down there. That actually almost happened back in 2007 during that horrible drought the entire South had. That historic drought was probably caused by all of the trees we have cut down in the last 10-20 years here in this part of the Southeast due to the new invasion of Yanks and others, mostly immigrants following the Yanks in...believe it or not, the trees and other natural vegetation of a region actually 'interacts' with the atmosphere to produce rain and humidity. Thus, when you cut down most of the trees and clear the land for houses, parking lots, shopping centers, skyscrapers, etc, the land eventually becomes a desert or semi-desert. Did you know that lower Italy, Spain, and North Africa used to be heavily forested back in ancient Greek/Roman times? Now desertification has occurred there since they cut down all the trees and thus all the rain has went away as a result, and the incessant winds have blown away the topsoil.

Who cares about being a 'world-class' city? The rampant growth of cities and 'urbanism' is a major sign of cultural and civilizational degeneration. Haven't you ever read Spengler?

"Writing in the early twentieth century, Oswald Spengler described the character of world cities as follows: 'Spirit is non-existent in these cities. They are land in petrified form.' Cities play a particularly tragic role in Spengler's Doomsday scenario entitled The Decline of the West. For Spengler, cities were places where life ossified because the bodies, souls, and spirits of their inhabitants grew barren there. For this philosopher of history, the rise of the city heralded the start of the decline, not only of the West, but of all civilisations.

Spengler gave two reasons for his belief that the proliferation and growth of cities is an indication of the impending downfall of society. Firstly, he believed that by settling in cities, societies would enfeeble themselves both spiritually and culturally. He considered cities to be petrified, static structures in which social life could not flourish nor cultural renewal take place, let alone that they could be a source from which spiritual greatness could emanate." - http://www.goethe.de/ges/phi/prj/ffs/the/sta/en3042692.htm

"What makes the man of the world-cities incapable of living on any but this artificial footing is that the cosmic beat in his being is every decreasing, while the tensions of his waking- consciousness become more and more dangerous...this then, is the conclusion of the city's history; growing from primitive barter-centre to Culture-city and at last to world-city, it sacrifices first the blood and soul of its creators to the needs of its majestic evolution, and then the first flower of that growth to the spirit of civilization--and so, doomed, moves on to final self-destruction." - http://www.duke.edu/~aparks/SPENGO.html

Anonymous said...

i might be alone on this - but does anyone agree that the media, who only reports the bad, is partially responsible for the fear that they've driven into the "headline" readers? you wouldn't believe how many people i've talked to who had no idea the DOW was above 10,000 points. or had no clue how are home prices have stabilized. Where's the accountability? Where's the optimism? We live in fast, dynamic environment and our recovery will not take as long as it may have back in other comparable recessions.

Ray said...

I moved to Charlotte from Chicago five years ago. It's a decent city, but has nowhere near the level of sophistication that it's natives thinks it has. The public schools here are an unfortunate joke, and this does not bode well for future competitiveness. The majority of the IT talent that is used in the financial institutions comes from H1B Indians or 'Yankees' recruited from the northern states because they have a better education and work ethic. If it weren't for the weather, I'd move to a more educated city in a heartbeat.

Anonymous said...

agreed.... i lived in charlotte briefly and originally thought i'd live there long-term or indefinitely. the weather is great. it's a beautiful city... but the city is a lot smaller than i thought after living there. after all the hype CLT has recently rec'd such as "best city to live in..." I was surprised to find such high crime, poor public schools, low diversity, etc. not the worst place by far-- every city has its charm and CLT has some for sure. I'm a big fan of the state of NC in general.... lots of pros. but perhaps CLT wasn't the dream city I was hoping for.

Anonymous said...

For ALL YOU QC Haters out there I have a message for you: Amtrak is waiting.

Rodney King

Anonymous said...

For All you QC Haters out there I have a message for you: Amtrak is waiting.

Rodney King

Anonymous said...

I love the haters on here touting Raleigh. Raleigh vs. Charlotte, no comparison and I'm from the eastern part of the state. When I'm driving back east, the only thing I stop in Raleigh for is to use the bathroom. Fact, Charlotte has everything that Raleigh/Durham/Triangle/RTP ( whatever the name of the day) has and then some. The only exception is in Colleges, which is only natural b/c for some reason Raleigh is the so-called state capitol. Fact is, Charlotte has influence in NC and SC. Most Charlotteans would vote to be removed from NC in a heartbeat, due to poor and corrupt state government in Raleigh. The state government in Raleigh is a joke, the state legislature in Raleigh has always shorted and hated Charlotte and therefore has always kept state money in Raleigh. This is history and a fact. That's why Raleigh has new highways everywhere, but yet it is still very boring, Raleigh's downtown is a joke, the sports teams suck, Hurricanes? are you serious? What is that? Sorry, I can't find them on national tv. Your arena is in a cow-field, next to the state fairgrounds, yes, very world-class of you Raleigh. The people who are hating on Charlotte are lying. I've lived here for 15 years and I love it. I stand up for my city b/c I make good money here, I live in a nice home, I can go to an NFL or NBA game, I can go to NoDA, Plaza/Midwood, SouthPark, Ballentyne, LAKE WYLIE or LAKE NORMAN, EPICENTER too many beautiful places to name. There is diversity in Charlotte, I should know, because I'm a minority and if there was no diversity in Charlotte then I wouldn't stay here, hence the exact reason why I don't live in Raleigh/RTP/Triangle whatever and its lack of overall diversity. All the diversity in that area is in Durham, no thanks. Downtown Charlotte is alive every weekend, traffic jams late night on Tryon and College streets. For people to come on here and say Charlotte's downtown is dead, then they are just straight up lying. I actually spend alot of time downtown and its certainly not dead, its growing, yes it does need more retail and in time those things will come as has everything else that has shown up downtown recently in the ever changing and ever evolving Charlotte. Due to my work I travel often, I've been to all major US cities and no Charlotte is not New York and it is not even Atlanta or Miami, but it is not a "big-town" either and for people to come on this board and call Charlotte a "big-town" is just plain laughable. Charlotte has among the top 10 busiest ariports in the US and its a "big-town"? Growth and development is still strong in Charlotte and has only been slowed like everywhere else by the economy. Even with the loss of Wachovia, Charlotte still has more Fortune 500 companies headquartered here than anywhere else in the Southeast except for Atlanta. This brilliant article never mentions the companies that have since relocated here including GMAC and Wells Fargo has kept almost 95% of the Wachovia workforce. He never mentions the grand opening of the new Nascar HOF next year, the planned extension of the light-rail system all things that will happen in the future as it always has in Charlotte. The biggest proble Charlotte has is with its public school system, which is now second largest in the state behind good-ole wholesome Raleigh-Wake county due to people in Charlotte choosing private schools. CMS gets only bad press in the local newspaper for some reason and has many probles to resolve. I moved to Charlotte, I've lived and visited other cities and have chosen to stay here. It's not perfect, its not utopia, there is no utopic city in the US. In the long run, Charlotte despite Raleigh state government, will be fine.

Anonymous said...

Nail squarely on the head with the "gaudy mansions" quip. Too many developers trying to turn a quick buck carelessly throwing up square footage with total disregard for the neighborhood. Too many nouveau riche willing to buy a cheaply built monstrosity wedged on an otherwise beautiful tree-lined street of historic homes. In some ways, the slowdown has been a relief.

Anonymous said...

"Wonder how Duke Energy, the second largest electric utility system in the US and currently a leader on energy policy, feels about being called "a regional power company [unnamed]"?"

I work there so I can answer that question... That's exactly what Duke is. There are no "national" power companies. Duke has projects all over the country (serving NC, SC, OH, IN, and a little of KY electricity, wind power projects in TX and Wyoming, selling that electricity to local utilities), but no one is really concerned with being labled a "regoinal power company" in a newspaper.

As for Charlotte itself, Charlotte is WAY too preoccupied with what other cities think of it (see all the Raleigh/NY/ATL/DC comparisons on this blog), and by and large, the people of Charlotte are WAY too preoccupied with what other people think of them. We really need to get over that.

And on the political front, all Deomocrats want to raise taxes to spend more money. All Republicans want to borrow more money to spend more money. When voting, you just have to decide if you want higher taxes or more local, state and national debt.