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Michael Fitzgerald
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Monthly Archives: December 2007
Our latest monicker: "City of Debt."
“Securitization.” “SIVs.” “Complex financial engineering.”
BBC News explains the financial instruments, and shenanigans, through which banks skirted lending laws and went overboard in lending during the housing boom. Stockton is the stating point for this excellent analysis, of course.
Get used to it. The mortgage meltdown has branded this city’s identity through at least 2008.
As much [...]
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Remembering a Native American elder
memanny writes:
“A local Native American elder, who appeared several times over the years in The Record, interviewed during the Pow-Wows, in Stockton and Manteca, has crossed-over. His name is Harry Jack.
“I remember him well, having known him many years. He was a Navajo Elder, a spiritual leader, and the Prayer Man for the Black Wolf [...]
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Luxe dining down; does that hurt Events Center?
This year I took an interest in Stockton’s restaurant industry. It’s a bellweather for Stockton’s economy, or the upper half of it, at least. Restaurants — specifically Paragary’s and the three unbuilt restaurants going in to the Events Center — are also indicators of the success of downtown’s comeback.
As to why those three restaurants [...]
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Hats off to a colleague who tells it like it is
Her name is Lois Henry, she writes for the Bakersfield Californian, and she writes a perfect column about the federal government’s immoral do-nothing policy toward bad Valley air.
Read it here.
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Sing Bach and the sky won’t fall
There are times I feel sorry for the Council.
Take the Dec. 4 meeting. According to the agenda, the second person to take the podium during the public comment period was To Can Nguyen, the nutty street woman who takes every opportunity to harangue elected officials.
Stoically the minutes report:
“Ms. Nguyen continued her complaints about crimes [...]
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A fiasco in words and pictures
Do you really understand the mortgage meltdown? The Beeb has the clearest explanation yet here.
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The view — kerchoo! — from above
A satellite photographs The Valley from space. Put on your oxygen mask and see it here. Not because there’s no breathable air in space — because there’s none within 200 miles of Bakersfield.
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Stuff happens
Here’s “The Story of Stuff.” It’s only 20 minutes long, but it may take a few moments to load.
And here’s Another Way.
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Classy Stockton piano man passes on
Alicia Hugg writes:
“I wonder if you would do me and the Stockton community a big favor: Rudy Tenio, a fantastic Filipino jazz pianist who played locally and at upscale Bay Area lounges, passed on December 10. … He was a great local historian, having personally known Flip Wilson (who got his professional start in Stockton as well!). [...]
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Reader touts new downtown restaurant