This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Traffic Cameras Bring Tiny Ohio Village To A Stop

Yet despite the critics and complaints, camera use is growing overall. The New York state legislature this month approved installing speed cameras in New York City school zones. Communities with traffic cameras, or automated enforcement, have increased more than fivefold across the country in less than a decade, with red-light cameras in 530 municipalities and speeding cameras in 125, according to the Insurance Institute for Highway Safety.

"There is Zeitgeist in the country right now on privacy concerns, concerns about intrusion; we understand that," said Jonathan Adkins of the Governors Highway Safety Association, which promotes safety nationally through state-level efforts. That group and the Insurance Institute for Highway Safety, an Arlington, Va.-based nonprofit organization funded by auto insurers, say studies show cameras result in a reduction of fatal crashes caused by red light-running, and in reduced speeding in pedestrian-sensitive areas such as school zones.

"What we've seen from the field is red light cameras and safety cameras are both important tools in the safety tool box," Adkins said, adding that they should complement, not replace, law enforcement and should be focused on safety, not boosting budgets.

Holly Calhoun doesn't believe they were about safety in her hardscrabble village.

"Elmwood was just doing it because they needed money," said the manager of Elmwood Quick Mart, which offers phone cards, lottery tickets and Mexican food, and advertises its willingness to accept food stamps.

"People couldn't afford those tickets," Calhoun said. "They can barely afford to pay their bills. It was pretty sad."

Settled by German farmers and laborers who came up from Appalachian Kentucky, Elmwood Place was incorporated in 1890. Like many "inner-ring" American suburbs, it hit its peak many decades ago. Older residents recall bucolic times of moonlit concerts and tire swings hanging from backyard trees.

But outsourcing of blue-collar work made life tougher for many residents, and the village's incomes and housing values fell well below statewide averages. Housing stock deteriorated to the point where you can buy a two-bedroom fixer-upper for less than $60,000.

3 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs