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More Friday Stuff...

By Al Campbell
Friday, Oct 17 2008, 12:36 PM

I have long enjoyed my copy of a book called The Portable Curmudgeon and use its 'modern' definition in my Blog overview.  The book was compiled by a fellow by the name of Jon Winokur and is published by the New American Library.  Following are some curmudgeonly comments that struck me over the past few days:

On Politics and Politicians:

"Anybody that wants the presidency so much that he'll spend two years organizing and campaigning for it is not to be trusted with the office."     David Broder

"A politician is a person with whose politics you do not agree; if you agree with him he is a statesman."      David Lloyd George

"I once said cynically of a politician, 'He'll double- cross that bridge when he comes to it'."  Oscar Levant

"Being in politics is like being a football coach; you have to be smart enough to understand the game, and dumb enough to think it's important."     Eugene McCarthy

"All politics are based on the indifference of the majority."     James Reston

"Nothing is so admirable in politics as a short memory."    John Kenneth Galbraith

"You can fool too many of the people too much of the time."     James Thurber

"When I was a boy I was told that anybody could become President; I'm beginning to believe it."  Clarence Darrow

~~~~~~~~~~

My family reads quite a bit of fiction and really appreciates the Germantown Library and the folks who provide the service we receive.

One of the things I find I occasionally need is the name of additional authors since I tend to read a whole lot faster than my favorite authors can write.

You may have already found this if you, too, consume books like we do, but here is a great website that provides you with the names of authors most similar to the one you key in for the search.  The closer the name is to the name you've entered (that hovers in the middle of the screen), the more similarities you find in the works of each.

Here is that magic link!


 

NYC Equity Investment Firm & Germantown?

By Al Campbell
Monday, Apr 21 2008, 08:21 AM

It is expected that Corsair Capital, a New York based private equity group will sign a deal with National City today that will affect Germantown.  You've guessed by now, if you're a regular reader, that the effect is to keep our newest bank name, National City Bank, in Germantown, at least for the foreseeable future.  Corsair and some other individual investors will put around $6 billion into National City at a share price of some $5.00.

We earlier traced the evolution from St. Francis Bank to Mid America Bank to National City Bank in the first Blog that discussed the plight of National City.  It's shares closed at $8.33 on Friday and that marked a 52 week decline in value of 78%.

So, it appears that my friendly, efficient bankers in Germantown will continue to be there when I need them.  I'm happy for them and for me and the rest of their customers.  Changing banks is a nuisance.  If there are direct deposits, those must be changed.  If there are automatic withdrawls, those must be changed.  New checks and bank cards must be obtained, and decisions as to which of the numerous accounts offered is the right account need to be made.  If Internet banking is involved, there is another level of change, and if telephone banking is involved, yet another level.

We sometimes are oblivious to the things that happen on Wall Street and the world but many of those distant happenings directly involve us in one or another ways.  This whole subject has been one that most of us has not followed...and yet it has an impact on our nice little village.  Our economy has truly become a global economy whether for the better or not.  IBM sold its laptop computer business to a company in China.  The Jaguar and Range Rover nameplates are now owned by a company in India.  GM is building a new engine plant in Brazil.  Medical x-rays are read off shore.  When the Far East markets hiccup, Wall Street flinches.  The demand for gasoline and diesel fuel in India and China have thrown our prices into a seemingly unending upward spiral.

Perhaps more important, these changes have occurred in a relatively short span of time..in decades rather than centuries.


 
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