20th Bank Just Taken Over By Feds - Community Bank of Georgia
Well it's another Friday night and just like clock work the Feds have moved-in to Georgia again and closed down Community Bank - making this the 20th Bank seizure this year. The latest fatality cost the FDIC between 200 and 240 million dollars.
http://money.cnn.com/2008/11/21/news/companies/bank_failure/index.htm?postversion=2008112118
The saga continues over the weekend as Citicorp -(21st fatality) - is expected to be bought and merged with yet another financial institution.
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Friday, November 21, 2008
Remember, Tomorrow Is A Special Day For Posts
The #1 reason to visit Salisbury News on Saturday is, HISTORICAL MOMENTS BY GEORGE CHEVALLIER.
#2, Classified Ads
#3, Tomorrow will be a very special day as we will introduce 10 very special animals available from the Wicomico Humane Society. Wait till you see this group!!!!!
#2, Classified Ads
#3, Tomorrow will be a very special day as we will introduce 10 very special animals available from the Wicomico Humane Society. Wait till you see this group!!!!!
7.5 Acres, $1,200.00 A Year In Property Taxes
Yeah, life is good in Delmar, DE! Swallow that one Barrie Tilghman.
John Robinson, Dean Of Students?
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Today I was informed that John Robinson was made the Dean of Students at Bennett Middle School. I checked two sources at first, one of them from the Daily Times and wouldn't you know it, both people said they had been informed by Mr. Robinson that he started work as Dean this past Monday.
That being said, I contacted the Board of Education and they flat out denied John held this position and in fact stated someone else holds that position. Moral of this story, never believe a word this guy tells you. While Mr. Robinson likes to attempt to impress others, you have to take what he tells you with a grain of salt.
So to those of you who were concerned this might be true, relax. You need more than just a BS Degree to get a position like this.
Citigroup Barely Hanging In There
Citigroup Stock closed around $5.00 a share and is now hovering around $4.00 a share at this moment.
Consumers lose all confidence in stocks that drop this low and Citigroup is looking at an option to sell the company TODAY.
Gannett should take note as their Stock has been dropping at a record pace too.
Consumers lose all confidence in stocks that drop this low and Citigroup is looking at an option to sell the company TODAY.
Gannett should take note as their Stock has been dropping at a record pace too.
Help Wanted 11/22/08
CLICK HERE for the today's posting of our Help Wanted Ads.
If you would like to place a FREE ad, please email SunnyInOC at atlanticjw@aol.com with your information. Please type "Help Wanted" in the subject of your email.
If you would like to place a FREE ad, please email SunnyInOC at atlanticjw@aol.com with your information. Please type "Help Wanted" in the subject of your email.
Holiday Warnings By Wicomico County Sheriff's Office
The Wicomico County Sheriff’s Office Reminds Everyone to Drive with Caution as the Holiday Season Begins
The Wicomico County Sheriff’s Office wants to remind everyone to Drive with Caution as the Holiday Season Begins. The heavily-traveled Thanksgiving weekend* is one of the most dangerous and deadliest times of the year on America’s roadways due to low seat belt use. Deputies will be making an extra effort to look for travelers that are not buckled.
The Holiday Season also can bring on Aggressive Driving as people shop and prepare for activities. The Sheriff’s Office in conjunction with Salisbury Police Department will be watching for Speeding, Tailgating, Running Red Lights, and Making frequent lane changes in heavily traveled shopping areas.
The Holidays are also the time for parties and drinking. The Sheriff’s Office and Salisbury Police will be patrolling all over Wicomico County and the City of Salisbury looking for Impaired Drivers. There will be Sobriety Checkpoints and Saturation Patrols throughout the Holiday Season.
In support of the enforcement efforts:
*A Public Service Announcement with Sheriff Lewis and Santa will be airing on Comcast Cable Channels reminding people to take a Cab or use a Designated Driver.
*Gordy Tiger Mart will be giving out Aggressive Driver Tip cards to remind drivers to be safe.
*State Highway and the Chamber of Commerce will be posting safety messages in heavily traveled roadways as well.
*Eastern Shore Distributing will be placing posters with a Designated Driver message in stores, bars and Restaurants that serve Budweiser products.
So please, Buckle Up, Slow Down and Be Alert so that you arrive to your destination safely, and Never Ever Drink and Drive.
*According to data from NHTSA
Releasing Authority: Lt Babe Wilson Date: November 21, 2008
The Wicomico County Sheriff’s Office wants to remind everyone to Drive with Caution as the Holiday Season Begins. The heavily-traveled Thanksgiving weekend* is one of the most dangerous and deadliest times of the year on America’s roadways due to low seat belt use. Deputies will be making an extra effort to look for travelers that are not buckled.
The Holiday Season also can bring on Aggressive Driving as people shop and prepare for activities. The Sheriff’s Office in conjunction with Salisbury Police Department will be watching for Speeding, Tailgating, Running Red Lights, and Making frequent lane changes in heavily traveled shopping areas.
The Holidays are also the time for parties and drinking. The Sheriff’s Office and Salisbury Police will be patrolling all over Wicomico County and the City of Salisbury looking for Impaired Drivers. There will be Sobriety Checkpoints and Saturation Patrols throughout the Holiday Season.
In support of the enforcement efforts:
*A Public Service Announcement with Sheriff Lewis and Santa will be airing on Comcast Cable Channels reminding people to take a Cab or use a Designated Driver.
*Gordy Tiger Mart will be giving out Aggressive Driver Tip cards to remind drivers to be safe.
*State Highway and the Chamber of Commerce will be posting safety messages in heavily traveled roadways as well.
*Eastern Shore Distributing will be placing posters with a Designated Driver message in stores, bars and Restaurants that serve Budweiser products.
So please, Buckle Up, Slow Down and Be Alert so that you arrive to your destination safely, and Never Ever Drink and Drive.
*According to data from NHTSA
Releasing Authority: Lt Babe Wilson Date: November 21, 2008
Christmas Tree Lighting Ceremony In Salisbury
Last night some 200 people showed up to watch the lights switched on for the first time this season. It was cold and it seemed like it took forever for them to flip the switch but as always it was a beautiful sight and everyone can enjoy it each night until January. That is, if the City can afford the electric bill after the recent bad news of how broke the City actualy is.
The Mayor seemed overly joyous and excited saying this was her very favorite time of the year.
America, The Party Is Over!
FINALLY, someone in the Media gets it. MSNBC announced this morning a warning to Americans they must get out of debt now. I have been saying this for years as I watched a false economy suck people into Credit Card debt and refinance their homes to buy down the debt they had.
Credit Card Companies are pulling cards from customers all over the country and as one panelist said, she knew of perhaps 10 people, (and she travels the entire country speaking to thousands of people) who are not affected but that the rest of them could go bankrupt in no time at all.
The Stock Market is expected to lose in a massive way today proving the Bailout did NOTHING and when financial people get on television and warn everyone of a crash, it's over. The World economy is crashing along with America and like I said in the past, put your seat belts on Folks, things are about to get really bad.
Now don't come back here saying, oh, its MSNBC, who can believe them anyway. Look, all you have to do is use your head and watch what's going on and you can clearly see we're crashing. Too many Americans get a paycheck and simply think they're always going to have that paycheck, WRONG!
America isn't manufacturing any more and I just don't know where the new jobs are going to come from. After the scene with Congress yesterday with the three Auto Makers, they, (Congress) simply crushed them. Thank God, finally, Congress grew a pair and stood up to these Idiots who flew into Washington on their own private jets. Just don't expect your job or your partners job to be there in the next few months.
So what can you do to prepare for a Depression? PAY DOWN YOUR DEBT! Start preparing for the worst! STOP using Credit Cards, PERIOD! If you can't afford it with cash, DON'T BUY IT! The more you suck money from Credit Cards, the worse you're going to make it on the rest of Americans. That means you're going to make it tougher on your Mother, your children, your friends and family members. If you don't care, have at it.
I just can't understand why everyone didn't see this coming! Sadly, there's going to be a lot of spoiled brats out there who never went without. Some of us who have lived through the worst of times stayed conservative and have enough to survive. When I start hearing complaints because some woman can't go out and get her nails done, I'm going to freak out. DO IT YOUR DAMN SELF!
You've been warned on this Blog for years this was going to happen. Well, we're there. Watch what happens on the Stock Market today and you'll see just how bad our FALSE economy is and how bad it screwed us right into the ground. Oh, don't forget as well. Congress allowed interest rates to drop as low as they did, that's NOT an economy. Auto Makers offered 0% Interest Rates, that's NOT an economy. Credit Card Companies also offered 0% Interest Rates, that's NOT an economy. It's a SCAM to help people believe they can afford anything they want while purchasing things to keep manufacturers going and anyone with good sense knew this was coming. Good Luck to all of you because things are about to get really horrible in America.
I should add, look at our Post yesterday about the financial situation the City of Salisbury is now in. If you didn't see it, GO HERE. I don't know what it's going to take to wake some of you up but the facts are right in front of you. Open your eyes NOW and start being more responsible with your money, or what's left of it.
Credit Card Companies are pulling cards from customers all over the country and as one panelist said, she knew of perhaps 10 people, (and she travels the entire country speaking to thousands of people) who are not affected but that the rest of them could go bankrupt in no time at all.
The Stock Market is expected to lose in a massive way today proving the Bailout did NOTHING and when financial people get on television and warn everyone of a crash, it's over. The World economy is crashing along with America and like I said in the past, put your seat belts on Folks, things are about to get really bad.
Now don't come back here saying, oh, its MSNBC, who can believe them anyway. Look, all you have to do is use your head and watch what's going on and you can clearly see we're crashing. Too many Americans get a paycheck and simply think they're always going to have that paycheck, WRONG!
America isn't manufacturing any more and I just don't know where the new jobs are going to come from. After the scene with Congress yesterday with the three Auto Makers, they, (Congress) simply crushed them. Thank God, finally, Congress grew a pair and stood up to these Idiots who flew into Washington on their own private jets. Just don't expect your job or your partners job to be there in the next few months.
So what can you do to prepare for a Depression? PAY DOWN YOUR DEBT! Start preparing for the worst! STOP using Credit Cards, PERIOD! If you can't afford it with cash, DON'T BUY IT! The more you suck money from Credit Cards, the worse you're going to make it on the rest of Americans. That means you're going to make it tougher on your Mother, your children, your friends and family members. If you don't care, have at it.
I just can't understand why everyone didn't see this coming! Sadly, there's going to be a lot of spoiled brats out there who never went without. Some of us who have lived through the worst of times stayed conservative and have enough to survive. When I start hearing complaints because some woman can't go out and get her nails done, I'm going to freak out. DO IT YOUR DAMN SELF!
You've been warned on this Blog for years this was going to happen. Well, we're there. Watch what happens on the Stock Market today and you'll see just how bad our FALSE economy is and how bad it screwed us right into the ground. Oh, don't forget as well. Congress allowed interest rates to drop as low as they did, that's NOT an economy. Auto Makers offered 0% Interest Rates, that's NOT an economy. Credit Card Companies also offered 0% Interest Rates, that's NOT an economy. It's a SCAM to help people believe they can afford anything they want while purchasing things to keep manufacturers going and anyone with good sense knew this was coming. Good Luck to all of you because things are about to get really horrible in America.
I should add, look at our Post yesterday about the financial situation the City of Salisbury is now in. If you didn't see it, GO HERE. I don't know what it's going to take to wake some of you up but the facts are right in front of you. Open your eyes NOW and start being more responsible with your money, or what's left of it.
BLUE LIGHTS IN GOVERNMENT OFFICE BUILDING WINDOWS HONOR FALLEN POLICE OFFICERS
Wicomico County Executive Richard M. Pollitt, Jr. and Salisbury Mayor Barrie P. Tilghman have ordered a single blue light candles placed in Government Office Building windows during the holiday season. These replaced the traditional white light candles. In a joint statement, they said, “Project Blue Light’ has grown steadily across America as a way of remembering departed law enforcement officers. It began in 1988, when the mother-in-law of a Philadelphia police officer killed in the line of duty told COPS (Concerns of Police Survivors) members that she would place a blue light in her window over the holidays in memory of her son-in-law.”
Pollitt and Tilghman added that, “The blue lights also honor those who serve us in law enforcement. In our terms of office, we have become acutely aware of the hazards of this dangerous profession. We should all have great appreciation for what they do for us.”
The Thrift Travel Inn Gets Hit Again
Late last night Salisbury's Code & Compliance hit the Thrift Travel Inn again at 10:00 PM sharp.
The Salisbury Police Department and the Salisbury Fire Department joined them in support while they went room to room inspecting the facility to assure each and every customer their room was up to code.
You will NOT see this in the Daily Times, they're in bed by 7:30 PM. I wonder if Mayor Tilghman will be as pissed off this time as she was the last time I just happened to be passing by and found the exact same situation?
Nevertheless, it's election time Folks and any proactive work like this during that special time will help keep crime down, like prostitution and so forth. It's to early to tell if the Motel knew two weeks in advance that this inspection would be happening. I will say this though. During the time I was there I didn't see any violations. Hmmmmmmm?
The Misery Ends 5 Months From Today!
Mayor Barrie Tilghman has five months left in Office until the Citizens finally get a refreshing relief of new leadership. Well, that is, unless the Citizens are stupid enough to vote Gary Comegys into Office as Mayor?
If you were to vote today, would you vote for Jim Ireton or Gary Comegys?
A Considerate Husband
My considerate, loving husband invited me to go hunting with him,
And being the generous, thoughtful man that he is,
He even gave me an 'opening day' present.
I'm so lucky to be married to him---
I never thought I'd find a husband so unselfish and willing to share his 'guy time.'
And being the generous, thoughtful man that he is,
He even gave me an 'opening day' present.
I'm so lucky to be married to him---
I never thought I'd find a husband so unselfish and willing to share his 'guy time.'
Bobby Kenedy's Future?
Here’s what to expect if Bobby Kennedy is appointed the head of EPA by Pres. Obama, and becomes O’Malley’s go-to guy on the environment.
The operative part of the attached manifesto is "Forcing the poultry industry to be accountable to the public for the waste it is currently dumping on the shores of the Chesapeake Bay."
MARDELA SPRINGS VOL FIRE CO SHRIMP & CHICKEN DINNER
Mardela Springs Volunteer Fire Co.
Chicken & Shrimp Dinner
Saturday December 6, 2008
Cost $20 per person
All you can eat
Sides, Beverage and Beer included in Ticket
At the Firehouse
Time 6 pm to 8 pm
All proceeds benefit
Mardela Springs Volunteer Fire Co.
For Tickets call
Wallace 410-749-5820
Jim 410-546-9769
Phil 410-546-4951
Or the Firehouse
410-749-5997
SALISBURY’S REVENUE IS FALLING FASTER THAN THE TEMPERATURE
Yesterday the Tilghman Administration posted the City’s fiscal data for the 1st quarter of FY2009, which ended on September 30, 2008. Before proceeding any further, please sit down and take some deep breaths. You've been warned.
Total General Fund receipts were about $5.2 Million, or 17% of that fund’s budget for the year – down markedly from the same quarter in the preceding budget year, FY2008, in which total receipts were almost $14.6 Million, or 49% of the General Fund budget for that year. And it was significantly lower than in the same quarter of FY2007 ($10.2 Million, or 38%).
Although the City’s revenue was down in each budget category, the largest drop was in real estate taxes, which were $1.7 Million (12% of the budgeted total) compared to $9.1 Million (70%) in FY2008 and $7.2 Million (68%) in FY2007, which was prior to the double digit tax rate increase that Barrie and Bubba Comegys pulled off last year.
Salisbury no longer receives most of its property tax revenue early in each fiscal year. Although the revenue may be received in greater shares during the remainder of FY2009, it is not certain whether it will accrue in the budgeted amount, and less interest income will accrue on City funds being held pending expenditure later in the fiscal year.
The City’s perilous situation was anticipated by Councilwoman Campbell, whose plea to revisit and reduce the current year’s budget has been disregarded by Barrie Tilghman and her puppets on the City Council – Comegys, Shields and Smith.
Total General Fund receipts were about $5.2 Million, or 17% of that fund’s budget for the year – down markedly from the same quarter in the preceding budget year, FY2008, in which total receipts were almost $14.6 Million, or 49% of the General Fund budget for that year. And it was significantly lower than in the same quarter of FY2007 ($10.2 Million, or 38%).
Although the City’s revenue was down in each budget category, the largest drop was in real estate taxes, which were $1.7 Million (12% of the budgeted total) compared to $9.1 Million (70%) in FY2008 and $7.2 Million (68%) in FY2007, which was prior to the double digit tax rate increase that Barrie and Bubba Comegys pulled off last year.
Salisbury no longer receives most of its property tax revenue early in each fiscal year. Although the revenue may be received in greater shares during the remainder of FY2009, it is not certain whether it will accrue in the budgeted amount, and less interest income will accrue on City funds being held pending expenditure later in the fiscal year.
The City’s perilous situation was anticipated by Councilwoman Campbell, whose plea to revisit and reduce the current year’s budget has been disregarded by Barrie Tilghman and her puppets on the City Council – Comegys, Shields and Smith.