Somebody who sold his house in a day

We all know the economy here is in the dumps, but I know a guy who sold his house in a day.

Trouble is, the house was in San Diego, not here. My friend and former colleage on The Chronicle business desk for many years, Herb Greenberg, is going to become a senior stock analyst for CNBC starting June 1, so he’s relocating to the East Coast from San Diego.

Good jobs help make the difference, something we’re still not good at here. On the other hand, the “trickle down” effect of selling a home in San Diego in only one day eventually trickles up here. It will, but don’t look for a return to the “go-go” days anytime soon.

I’m glad about that. Like the tortoise, “slow and steady” wins the race, at least it should for this area. The “boom and bust” cycles haven’t served the foothills well, going back to the gold rush.

Citizens Bank has a lot of work ahead of it

The Union has a typically upbeat account of the latest quarterly earnings of Nevada City-based Citizens Bank, but reality is that Citizens still has a lot of work ahead to strengthen its balance sheet and reduce non-performing assets:

•Citizens non-performing assets still increased in the latest quarter — a sign of our grim local economy.
•Citizens still is deferring TARP dividend payments to preserve capital. (The locals who like to bash “government bailouts” ought to know that it kept our hometown bank out of much deeper financial trouble.)
•Citizens needs to turn to a stock offering between late April and July to raise needed capital.
•Its stock is trading at 4, compared with a 52-week high of $9.50 and a 52-week low of $3.25.

The unwinding of Citizens got little local media attention, with this blog and the Bee digging up much of the real information. Let’s hope it gets a brighter spotlight going forward.

To be sure, I’m rooting for Citizens and its new CEO to pull it out and remain independent. But you have to get real.

Tea Partiers try to explain why they’re against Obama

Instead of just disagreeing, some people cyber-stalk you

Most newspapers like to post guidelines for the Internet. At The Union, for example, some of the guidelines are: “Don’t pretend to be someone else, and don’t give out the information or identity of others.” Or “We hope that you will base your opinions on facts and logic. But we can’t certify that anyone does; the only comments we endorse are those we write.” Or “Being part of a community means tolerating differing views, as well as helping keep order. Report comments that are inappropriate, not just those with which you don’t agree.”

But some people struggle with such concepts, so they cyber-stalk you anonymously. Some of it is an attempt at humor, but some is not. Personal details about my family are discussed — like where my wife works or where my son goes to school.

Politics is at the heart of it: “I like that Greg Diaz knows that soldiers abroad wouldn’t want to hold up elections just for their votes to count. Good old common sense” or “Russ Steele calls me the FUE. I call him the Genuinely Eager Nut In Unfortunate Situations. Crap, that spells GENIUS” or “Having a nice, relaxing weekend. Gloria Zane will be here for brunch soon! It feels like she’s already here.” Barry Pruett, Aaron Klein, George Rebane, the Tea Party and Jeff Ackerman also get mentioned a lot.

The culprits went to the trouble of snatching a photo of me that ran in The Union and “photoshopped” a wig on it, so I’d be Gloria Zane.

The campaign gets more serious, though: As it turns out, some people went to the trouble of writing to the management at Swift, contending I am Gloria Zane and making derogatory remarks about people who post comments here. No, I’m not Gloria, and my politics are “middle of the road,” as I’ve said many times before — I always sign my real name on the internet. The “insider” knowledge points to the culprits (plural). Wink, wink.

The internet is providing new territory for communicating, including to “the No. 1 liberal blog in Nevada County.”

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