Two ports, two stories - Stockton's thrives; Sacramento's dives


A deeper channel, real estate income generate growth for San Joaquin County's facility.

http://www.sacbee.com/content/news/s...14299393c.html

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http://www.freedomswatch.org/Home/tabid/36/Default.aspx

When religion ruled the world...wasn't that the Dark Ages?

I am not registering for another site!

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Where are we going? And why am I in this handbasket?

I've seen others get corrected by the moderators for posting whole articles, because there were issues about copyright laws. I'm not familiar with all the ins and outs as to what is allowed and what isn't. What do you mean by "registering?" The link is right there for all to see. It only requires a click.

By the way (to everybody), I realize that the Port of Stockton received a huge advantage when they acquired the Navy base. The question still begs to be answered: Who in their right mind would opt for a 30-foot-deep channel, in 1960-something, knowing full well that Stockton's channel was originally dredged to thirty-five feet in 1933, when ships were generally smaller in size and capacity? Would private-sector port commissioners have been that short-sighted? I tend to doubt it.

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http://www.freedomswatch.org/Home/tabid/36/Default.aspx

When religion ruled the world...wasn't that the Dark Ages?

http://www.sacbee.com/content/news/s...14299393c.html

You can get to the article by Googling or after you click on the link, delete the registration part of the address and click GO again. It works.

BTW, It's best to give a few paragraphs and/or a short synopsis of the article.

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Order without liberty and liberty without order are equally destructive. - Theodore Roosevelt

Private sector companies have to make a profit to stay in business. Publicly funded companies do not. It really is that simple.

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Never moon a werewolf.

Private Corpations are generally more shorsighted.
It didn't used to be. But executative pay is based much on short term profit at the expense of long term growth.
Hence the weakness of the global markets and the dot com bubble.

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"Better to die on you feet than live on your knees" - Emilio Zapata

I tested the link one time as soon as I posted it, and it went straight to the story with no problem, so I assumed everything was okay. I've been a basic computer user for ten years, and I can see that I have a lot to learn.

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http://www.freedomswatch.org/Home/tabid/36/Default.aspx

When religion ruled the world...wasn't that the Dark Ages?

The dot com bubble was just the business cycle in action. This has been going on for hundreds of years.

Private companies may be short sighted, but the government is blind. They can't think beyond the next election.

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Never moon a werewolf.

The world market and the dot.com trading place can only get bigger and better, with time. I think you're just a-wishin' and a-hopin'.

I guess you missed what happened with Chrysler Corp. in the 1980's after Lee Iaccoca brought her out of near bankruptcy, with the help of a government loan. They repaid the loan in five years, and some time later I met a man who had invested $1000 in the company when their stocks were on the penny-market. He was a very happy (and much richer) man. And I was asking myself, "Where the hell was I!" Somewhere in Dreamland, I guess.

By the way, Dreamer, it's Emiliano Zapata, not Emilio Zapata. Thought you might like to know.

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http://www.freedomswatch.org/Home/tabid/36/Default.aspx

When religion ruled the world...wasn't that the Dark Ages?

I realise its misspelled, but your only the 3rd person to notice!

As to the dot com bubble and the current market environment I seriously doubt the long term prospects. The rate of managerial pay has increased out of proportion to financial success, its one of the reasons i find this shortnighedness.
Were sacrificing long term liquidity for short term profitablity.

And the market conditions, regulations wise are far closer to the 20's than the 80's. Were not coming from a highly regulated market.

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"Better to die on you feet than live on your knees" - Emilio Zapata