I talked yesterday about my feeling a Big Bad is coming.
But lately, it seems like an unending series of Little Bads, all of which make me want to comment, but none of which reach the level of my wanting to write about them.
The Downtowner's fees? I was surprised they could do this, but really....it's such a small amount of money. If Chuck Arnold can swing it, more power to him.
Bend Bus Suit Drop? Not surprised. Just the new council clearing away some deadweight.
G.I. Joes Bankrupt? I think of this as a N.W. company, and they've been in Bend forever. But they kept changing their focus so much, I couldn't figure out what kind of store they were.
Blockbusters looking at possible Bankruptcy? I'm telling you, many of these chains are going that direction, because they were built as Ponzi schemes, and founded on debt.
I could go on and on with the Little Bads.
Fundamentally, things are not sound. Tourism is down, construction has all but disappeared, stores are struggling, unemployment is skyrocketing (I get people in every day, who have either just been laid off, or are looking for work.)
I think this a long haul. No simple answers, and no quick upturn.
2 days ago