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To: patron_anejo_por_favor who wrote (85725)3/26/2001 5:38:30 PM
From: Archie Meeties  Respond to of 436258
 
The Washington aluminum industry is also choking on some expensive joules...

Response from the metals market has been just to laugh it off, just like PD's announcement 2 Cu mine closures in the SW produced a selloff in Cu.



To: patron_anejo_por_favor who wrote (85725)3/26/2001 7:00:10 PM
From: RocketMan  Read Replies (1) | Respond to of 436258
 
At least Seattle is used to tough love. Remember the 80's Boeing bust, or was it the 70's Boeing bust, when the slogan was "would the last person out of Seattle please turn out the lights?" Maybe they can stop the boom-bust cycle, just do the bust from now on -g-

The gloom has already begun:

seattlep-i.nwsource.com

Wish all cities were this realistic:

We had all the money, all the fame, all the answers. We'd perfected the modern version of alchemy, turning financial dross into pure gold by selling stock in companies with no revenues, no profits, no clue. We took a mundane, truck-stop and diner beverage, made it tony and persuaded the world to pay several bucks for a cup of it. Our civic leaders, having completely and permanently solved all of Seattle's problems, felt at leisure to lecture the rest of the world on their ills and how to fix them, like telling Eastern Washington to tear down those nasty Snake River dams.



To: patron_anejo_por_favor who wrote (85725)3/26/2001 7:40:24 PM
From: starhawke  Read Replies (1) | Respond to of 436258
 
"...the Seattle metro area is Ground Zero for housing market Tough Love (and EV to follow, natch)..." - You said it.

Quite suddenly, there is a modicum of fear. Where none existed before.

S



To: patron_anejo_por_favor who wrote (85725)3/26/2001 7:48:08 PM
From: Andy Thomas  Read Replies (2) | Respond to of 436258
 
/*I'd say, based on Boeing's announced departure, that the Seattle metro area is Ground Zero for housing market Tough Love (and EV to follow, natch).... */

i just couldn't stay away...

when they announced the hq move it wasn't 'too big a deal.'

then days later they announced movement of 757 production to witchita... now those two together are a 'big deal.'

art bell wonders aloud whether the boeing execs know something the rest of us don't...

it could just be that the anti-business politicians on the king county council and the governor of the state (gary locke) drove boeing away through 'too high taxes.'

andy