[MCN] 4 related headlines in July 30 2017 Missoulian online
Lance Olsen
lance at wildrockies.org
Mon Jul 31 08:28:08 EDT 2017
Montana coal production up 1.5M tons <http://missoulian.com/news/state-and-regional/montana-coal-production-up-m-tons/article_6e58b92f-c38e-5b6e-a795-5640e9082884.html>
UPDATED: Liberty fire triples in size, Placid Lake area receives 'evacuation warning' <http://missoulian.com/news/local/updated-liberty-fire-triples-in-size-placid-lake-area-receives/article_29e0bd48-af55-54e3-9829-48b50a2626e5.html>
Fire camps: keeping firefighters fed, clothed, and clean all from the comfort of trailers and tents <http://missoulian.com/news/local/fire-camps-keeping-firefighters-fed-clothed-and-clean-all-from/article_5c4a3ff4-171c-53dd-b253-e14ef728e5ec.html>
Managing bears: Long winter, fast warm-up creates challenges for Mission Valley bears <http://missoulian.com/news/state-and-regional/managing-bears-long-winter-fast-warm-up-creates-challenges-for/article_1d511c14-2aea-50ce-bcea-5c656bffebfd.html>
http://missoulian.com/ <http://missoulian.com/>
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“Real estate speculation must be as old as the land – in the United States, it is certainly as old as the frontier
– and the first bad bank loan was no doubt made around the time of the opening of the first bank."
"Still, the boom of the 1980s was unique. Not only did creditors lend more freely than they had in the past,
but the government intervened more actively than it had ever done before to absorb the inevitable losses."
“By standing behind good banks and bad banks alike, the government in effect removed the oldest franchise
in banking – that is, safekeeping.”
James Grant. Money of the Mind: Borrowing and Lending in America from the Civil War to Micheal Milken.
Farrar Straus Giroux. 1992.
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