What, Me Worry?
That the Times-Standard missed the boat on this humongous story became clear on Sunday when the paper finally ran a story on the Washington Mutual takeover. It turned out that on Friday, while I was busy turning pages looking for the story, people were rushing over to WaMu’s Eureka branch in a panic. They filled the parking lot and some withdrew every dollar they had deposited there, despite FDIC guarantees.
Perhaps some wouldn’t have panicked as much, had there been a story on the safety of those deposits and on what FDIC insurance protects. That’s why people subscribe to a local paper.
At least the Times-Standard had a story on the banking crisis. If you relied on the Eureka Reporter (and since it is free, there are people who rely on it) you live in an even rosier world.
So editors: Please don’t make people in Humboldt County buy two newspapers just to get a handle on what’s happening in the world around them. Save the story on the albino jay for another day. Right now there are people out there so worried about losing their homes they are afraid to step outside. It is your responsibility to give them information that can help them get through this crisis and the ones that will hit us in the future.
And readers: Please register to vote. The deadline in California is Oct. 20.
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on the cover
Railroad!
Proposed lines ‘set rich blood a-tingling’ in early 1900s
Some Other Proposed North Coast Railroads
Choo-choo Fantasies
Exposing this east-west rail nonsense
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Undeterred Will
Will chides Andrew for lack of attention to detail and makes plans for his inevitable victory.
Recent media maven
May 17
If You Tweet in a Forest
April 5
Not in My Court Yard
March 1
Take the Money and Run With It
Today
44th Annual Kinetic Grand Championship Race
STAFF PICK / events, art, outdoors, sports, for kids, free / 9 a.m.-6 p.m. A 3-day, 42-mile kinetic sculpture race over land, sand, mud and water! LeMans start at the Noon Whistle on the Arcata Plaza. Follow the race through Manila, Eureka and into Ferndale on Memorial Day for the Glorious Finish. kineticgrandchampionship.com. 889-3024.
Flow 2012 Fashion Show
STAFF PICK / events / 8 p.m. Arcata Theatre Lounge, 1036 G St. Student designed and produced clothing. Fundraiser for Arcata Arts Institute. $35/$25 students. artsinstitute.net. 822-1220.
Woodside Preschool's Rummage/Bake Sale
events / 8 a.m.-noon. Woodside Preschool, 900 Hodgson St, Eureka. www.woodsidepreschool.com. 445-9132.
Lanphere Dunes Restoration
STAFF PICK / outdoors / 9:30 a.m.-12:30 p.m. Meet at Pacific Union School. Help remove non-native invasives at the Lanphere Dunes Unit of the Humboldt Bay National Wildlife Refuge. Tools and gloves provided, wear work clothes and bring water. Carpool to the protected site. 444-1397.
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ONE Comments
Comment / By Phan Shalkrises / Oct. 2, 2008, 1:31 p.m.
if people were rushing to the bank, they found out about it somehow, right?