tag:blogger.com,1999:blog-529575095156315075.post5963379153049882093..comments2024-02-09T12:12:37.636-08:00Comments on best minimum wage job a middle aged guy ever had: BulletinologistDuncan McGearyhttp://www.blogger.com/profile/02857388833850939721noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-529575095156315075.post-32641713877969086992008-07-21T20:58:00.000-07:002008-07-21T20:58:00.000-07:00This post may be a partial repeat. I posted a com...This post may be a partial repeat. I posted a comment earlier today but it has not shown up. I am not sure if it did not process or if Duncan has not gotten around to it yet. But just in case it was lost.<BR/><BR/>If one looks at the events leading to the S&L crisis they all occured prior to the 1st Prsident Bush taking office in 1988. The only thing of major importance that occured in 1988 or later was a final cleanup activity. There is a good synopsis of the major events on the FDIC web site.RDChttps://www.blogger.com/profile/13033979029490801023noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-2383911356457023562008-07-21T09:45:00.000-07:002008-07-21T09:45:00.000-07:00"To put this into perspective during the S&am..."To put this into perspective during the S&L crisis in the late 80's we had over 1400 banks fail as well as 1500 S&Ls."<BR/><BR/>Ah yes -- Bush Senior was president then, wasn't he? These sorts of collapses seem to be a Bush family specialty.H. Bruce Millerhttps://www.blogger.com/profile/14613347512240617956noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-40128457383358363362008-07-21T08:11:00.000-07:002008-07-21T08:11:00.000-07:00To put this into perspective during the S&L cr...To put this into perspective during the S&L crisis in the late 80's we had over 1400 banks fail as well as 1500 S&Ls. To date in the current crises we have had very few fail and have a pretty small number of the troubled list.RDChttps://www.blogger.com/profile/13033979029490801023noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-7273723959546636622008-07-21T08:07:00.000-07:002008-07-21T08:07:00.000-07:00Just to be clear.Nationally this is a normal downt...Just to be clear.<BR/><BR/>Nationally this is a normal downturn. It is not the end of civilization as we know it. It is not anything different then the US has experienced in the past.<BR/><BR/>Now the impact upon each local area is dependent upon that charateristics of each area. Bend is substantially over price as far as real estate is concerned, it is too dependent upon too few business, and has a city council that seems to like acting like they are big fish in a big pond instead of realizing that they are in a pretty small pond and if they do not use those resources wisely they will be flapping around in a dry pond.<BR/><BR/>Now in either case what one feels about the current state of the economy ad how it fits into historical context, a newspaper is still obligated to report factual information. An obligation that the Bulletin seems to be skirting in how it presents the information.<BR/><BR/>Of course it would not benefit anyone for it to adapt a chicken little point of presentation.RDChttps://www.blogger.com/profile/13033979029490801023noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-38136198064361202952008-07-20T14:28:00.000-07:002008-07-20T14:28:00.000-07:00"I'm in the minority among bubble bloggers in that..."I'm in the minority among bubble bloggers in that I think the Bulletin is a pretty good paper"<BR/><BR/>In terms of appearance, it's certainly a more impressive looking paper than those of other towns in Oregon of similar size. Lots more local articles, too. But will this still be the case 5 years from now?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-85670687370481610592008-07-20T11:06:00.000-07:002008-07-20T11:06:00.000-07:00"Fine, I can hear you now, Dmitri... Clear and pla..."Fine, I can hear you now, Dmitri... Clear and plain and coming through fine... I'm coming through fine, too, eh?... Good, then... well, then, as you say, we're both coming through fine... Good... Well, it's good that you're fine and... and I'm fine... I agree with you, it's great to be fine."<BR/><BR/>My favorite line in Costa's drivel was this: "In the rush that was too good to be true, someone camouflaged the fundamentals."<BR/><BR/>At least one "someone" doing the camouflaging locally was Costa and his merry band of bubble boosters.H. Bruce Millerhttps://www.blogger.com/profile/14613347512240617956noreply@blogger.com