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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (186199)	2/24/2009 10:47:06 AM
From: coug	Read Replies (2) \| Respond to of 306849

Thanks MD, That looks about like my home town where I just learned one of the largest employers, a sawmill, with about 200-300 workers is going to shut down for two months, this is after smaller but significant layoffs.... It's grim out there, we have to help each other.. But maybe we can FIND, "The brotherhood man and what IT means"

To: MulhollandDrive who wrote (186199)	2/24/2009 11:17:12 AM
From: Smiling Bob	Read Replies (1) \| Respond to of 306849

Where do they breed these solemn monotone narrators? Frontline must have some kind of internship. Those guys can make a kid's birthday party look like a mass murder scene. little johnny repeatedly clawed at the cake, over and over and over and over, while his mother's pleas to stop would fall on deaf ears. every child present that day wore a catatonic face while most reticently whispering the words, happy birthday to you... happy birthday to you.

To: MulhollandDrive who wrote (186199)	2/24/2009 1:23:28 PM
From: John Koligman	Read Replies (1) \| Respond to of 306849

I have some experience with the 'company town' hits that places like this are now seeing. At the peak in the mid 1980's IBM employed over 30k people in the mid Hudson Valley in three large plants (East Fishkill, Poughkeepsie, and Kingston). Mainframe hardware and software were done there, along with chipmaking in EF... A couple years after Lou Gerstner came along in 1992, I think total employment came down to around half of the peak, with the Kingston plant closed down, and massive layoffs at the other two. This was in towns about the size in population of the one in the video. They took a hit, but one saving grace is that there is commuter rail from Poughkeepsie to NYC, and eventually the boom during the 1990's helped overcome the hit from IBM. Unfortunately, I don't think Wilmington has the same advantages. Regards, John