It’s a good morning …

A good, stiff cup of Ground Zero Sumatra, a wood fire and reading about the increasing uneasiness emanating from the Norskis.

 

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Just got back “on the grid”

But I think I’m going back off for a few days …

http://www.jsonline.com/business/80180402.html

It was nice being disconnected for a few days over Christmas but also nice catching up this morning. Welcome back to reality.

Credit unions for the most part stayed away from that whole sub prime mortgage mess but were still affected indirectly by some wonderful free-thinkers like Dick Jungen.  He claims he’s not worried about any of the investigations or lawsuits against him because he’s “done nothing illegal.”

I’m sure DJ and his cronies will end up on the right end of what they deserve. But whenever this happens it seems a lot of good people get dragged into the mess through no fault of their own.

Hang in there.

Bird Dog’s Vacation …

Since the Bird Dog’s hunting season was cut short by tangling with car, Uncle Jim (Shurts) invited us to do some “pick and shoot” birds at Magnolia Game Farm.  Other than shooting like the late Jeff Healey and having to indure her perturbed looks, Bird Dog had some fun stretching her legs on pheasants and chuckers we eventually knocked down.

Liberal Group praises impact of state’s small banks – Kurt Bauer says study flawed.

Group praises impact of state’s small banks

The 17 small Wisconsin banks that received TARP money from the federal government increased their lending and have played a valuable role in helping to stabilize the state economy during the recession, a study released Friday by the Institute for Wisconsin’s Future.

The Glendale-based liberal think-tank concluded the study shows “the resilience of Wisconsin’s small banks and their ability to use TARP funds effectively demonstrate that proactive intervention by government is a critical tool for restoring Wisconsin’s prosperity.” The report said the performance of the biggest banks trailed smaller banks in the percentage of loan growth from September 2008 through September 2009.

Kurt Bauer, chief executive of the Wisconsin Bankers Association, said he was glad the Institute for Wisconsin’s Future acknowledges “that Wisconsin banks play a vital role in business and job development, and thus, an economic recovery.” But said the study’s findings on the big state banks that received Troubled Asset Relief Program capital are in dispute. “I think the measurement of total lending is more complicated than IWF recognizes,” Bauer said.

Way to go, buddy. Thanks for the early Christmas present.