Administration Wants To Bail Out Wall Street Through Massive Subsidy of Fannie Mae, Freddie Mac. But Market Not Buying It

One other thing ego boy. I am not a frequent poster on the reader blogs. Since my profile says 33 posts I'll go with that. Thats probably 1/10th of what you post so I think your idea of "cosntant harping" is somewhat distorted by your own perceived self importance, like most of what you post. I do have to admit though, alot of us get a kick out of you. Sometimes you are just down right hilarious, although I doubt you intend to be.
— July 17, 2008 1:27 a.m.

Administration Wants To Bail Out Wall Street Through Massive Subsidy of Fannie Mae, Freddie Mac. But Market Not Buying It

Response to # 37 Again try paying attention to what is written vegasboy. I didn't say 2000 banks failed in the 1980's. I said " well over 2000 banking companies failed in the 1980's and early 1990's". This came straight from the mouth of an FDIC spokesperson I saw on the news yesterday.That includes commercial banks, savings banks, or savings association as defined by the classification codes assigned by the FDIC. She was referring to the 2943 closings and assistance transactions that occured between Jan. 1 1980 ( BANK OF LAKE HELEN, FL) and July 28, 1995 (PACIFIC HERITAGE BANK in Torrance). Since March of 1996 there have only been 55 failures including Indymac. They are all considered failures by the FDIC. In the vast majority of these failures, the failed institution's charter was terminated and insured deposits plus some assets and other liabilities were transferred to a successor charter. This information comes directly from the FDIC website so take a look for yourself. All of my figures have come from FDIC websites, not pulled out of my @$$ like some of yours appear to be. Oh yeah, one other thing. It's trestles not trussles and I have never posted on vosd, I rarely even look at it.
— July 16, 2008 11:58 p.m.

SDPD dog handlers want pay for after hours

#1. The welfare queen cops just keep fleecing the San Diego taxpayer. By JohnnyVegas 6:09 p.m., Jul 16, 2008 " Though a document used by the City’s own payroll department seemed to support the plaintiff officers, the city attorney’s office rebuffed efforts to settle the case, took it to court, lost, appealed with the help of an expensive outside law firm, and lost again. The decisions to fight and appeal might have cost the City hundreds of thousands of dollars it could ill afford to lose." How about mikey tilting at windmills again???!!!???
— July 16, 2008 7:08 p.m.

San Diego Spends Less Per Capita on Fire Protection Than Orange and Los Angeles Counties

I think anon is referring to a specific group of older people, The parents of the babyboomer generation who sometimes remain in the same community or neighborhood for years, and age as neighbors; a naturally occurring retirement community or NORC Gen Y are basically between their mid teens and late 20's. They tend to be more peer-oriented and seem to experience more family breakdowns than other generations and seem to have more difficult relationnships with their parent and grandparents. Many of then also demonstrate an almost maniacal distrust of the WWII generation, as evident in anons comment "First, GEN Y MUST NEVER TRUST THE NORC GENERATION who sold them out". For some reason they seem to place responsibility for everything gone wrong during their life on the older folks, yet done seem to give them any credit for anything positive that's happened. Of course, I am just guessing. Hopefully anon will enlighten us with his definition.
— July 16, 2008 7:03 p.m.

Lepine Drops Harassment Suit, Receives No Payment. Will Campaign Now Focus on Goldsmith's Domestic Uproars?

Don, Frank Zappa would definately be descibed as avant-garde and while I love his more rock oriented work, Weasels Ripped My Flesh is my favorite, his jazz performances are amazing. I think he was truly an artist who exceled in any arena he chose. I wonder, though how many people realize his earliest influences were classical percussion compositions. He actually joined his first band as a drummer when he was living in San Diego. I would suggest that you perhaps start with some of his works with the London Symphany Orchestra and would recomend the 1995 release of volumes 1 & 2 together. Enjoy
— July 16, 2008 1:04 p.m.

Lepine Drops Harassment Suit, Receives No Payment. Will Campaign Now Focus on Goldsmith's Domestic Uproars?

Contrary to popular belief, The Sherman Oaks Galleria is alive and well. It suffered some damage in the Northridge quake and was closed for a few days but it went down hill in the late 1990's. It was closed in 1999 and spent about 3 years undergoing a pretty major renovation and was reopened in 2002 as an open air center. They have a pretty cool movie theatre there, too. Probably the coolest I've ever been to. The mall interiors for Fast Times were filmed there and the exteriors were filmed over in Santa Monica. The Galleria was also used for the exterior mall scenes in Valley Girl, but the interiors were shot at Del Amo Fasshion Center in Torrance. My ex has lived in Torrance for about 20 yrs and I can still remember her dragging me into the Wet Seal store that they filmed in. They still had this autographed poster from the movie up and it was probably 5 years after the movie came out.I believe they closed that particular store several years ago. It's interesting that Valley Girl was Zappa's only "top 40" song, as if that mattered at all to him. He wrote the song (Moon came up with the Valley Girl lines) to poke fun at the spoiled rich girls living in the San Fernando Valley. He also filed a lawsuit to try and stop production of the movie and kept Bloomingdale's from opening a Valley Girl boutique. I wouldn't really say that Valley Girl put Moon on the music map; More like a one hit wonder, I know she sang on a couple more of Frank's albums and with her brother and maybe a couple of other appearances as a backround singer, but thats's it. I wonder what the San Diego music scene would have been like in the 60's if Zappa had stayed in San Diego a little longer
— July 16, 2008 12:46 p.m.

Administration Wants To Bail Out Wall Street Through Massive Subsidy of Fannie Mae, Freddie Mac. But Market Not Buying It

Don, I was just a young pup in 1984 and didn't start my investment portfolio until about 1987 so I hadn't heard of Chicago's Continental Bank until you mentioned it. I found a pretty interesting piece on it: http://www.fdic.gov/bank/historical/history/235_2…. I like one quote in particular from some bank employees; "[The only] differnce between Continental and the Titanic is the Titanic had a band."
— July 15, 2008 6:34 p.m.

Administration Wants To Bail Out Wall Street Through Massive Subsidy of Fannie Mae, Freddie Mac. But Market Not Buying It

So exactly how is it I am bsing vegas boy? The fact that no consumers knew the bank was overleveraged until the state stepped in makes me a liar? I'm guessing that until Schumers letter spooked so many people, they had no idea either. Fact in point, I agree with you that Schumer's letter helped cause the panic run on Indymac. But also the fact remains that I was there on Monday morning 5 years ago with alot of other people wanting to know how to move my money. So you can believe what you want, but Indymac wasn't the only "run" on a bank since 1929. Regarding upcoming bank failures what you actually said was " And there are several more banks that are going to fail soon.". Since 2000, I believe there have been 37 bank failures with only 8 of those comes since 2004, including the 5 this year. This comes after well over 2000 banking companies failed in the 1980's and early 1990's. So how many is several, and what is soon? You have absolutely know more knowledge of that than I do. Once again, you are just speaking in conjecture, using the same information everyone else has seen or heard ,only you seem to be trying to make yourself sound like an authority on the subject. You make some very astute observations on some occasions, but more often than not, when contradicted such as this, you just come off sounding like someone trying to be a know-it-all @$$ hole. I'm sure you don't care any more about my opinion of you than I do of yours about me. But in this case I was there and you weren't. That's good enough for me. I hope you make more factual arguments than this when you're in court, for your clients sakes. Case Closed
— July 15, 2008 6:16 p.m.

Administration Wants To Bail Out Wall Street Through Massive Subsidy of Fannie Mae, Freddie Mac. But Market Not Buying It

response to post #20: I agree 100 percent with you Don that it would be irresponsible for johnny or anyone else to post this list. But thats kind of my point. How can johnny possibly have this list? It's confidential and the feds refuse to make it public, for good reason. So it sounds to me like johnny is just flapping his mouth, trying to sound like an authority when all he is really doing is regurgitating what he and everyone else has heard on the news.
— July 15, 2008 3:02 p.m.

Administration Wants To Bail Out Wall Street Through Massive Subsidy of Fannie Mae, Freddie Mac. But Market Not Buying It

First of all pay attention johnnyboy. I said 5 or 6 years ago not the 90's. The only bs around this blog is coming from you vegas boy. As always you think your word is the final word and as in most cases you're wrong again. My bank was Southern Pacific Bank and I had an account for my daughter's college account at a branch in Torrance, close to where she was living with her mother at the time. If I recall correctly they had 4 or 5 branches and the FDIC lined up someone to take over pretty quickly. Nobody knew anything until someone called the news and told them that they went to their bank and it had been closed which of course got broacast right away. I found out from my ex as she saw it on the news. I believe that the state had been looking at the bank and brought the feds in.
— July 15, 2008 2:54 p.m.