The Standard-Examiner carries another Centennial Bank closure story this morning, for the first time explicitly drilling down to the Centennial Bank/Ogden River Project connection. As always, in and around Emerald City, supreme confidence abounds. "There's no news here," the usual claque of municipal movers and shakers admonish us. "Move along," they say, according to The Standard Examiner.
• Spokesman: Closure should not affect Ogden River ProjectWe think that guy flatlander gets it just about right however, with this savvy comment, which we shamelessly rip from beneath today's above-linked SE story:
Confident statements no longer breed confidence....We couldn't have phrased it better ourself.
A spokesman for Ogden Riverfront Development is confident Centennial's collapse will not impede the River Project.
A spokesman for Gadi Lesham is similary confident that the bank's collapse will not adversely affect the River Project.
John "Pureheart" Patterson, Mayor Godfrey's Chief Administrative Officer, is also confident the River Project will not suffer from the bank's collapse.
Of course, the Centennial board was confident the bank would be made sound by a merger right up until the FDIC walked in the door and closed it.
And Mister Patterson was confident in 2002 that the River Project would be largely completed by about 2005 or 2006. It wasn't.
And the Mayor was confident that private donors were ready, willing and eager to fund the downtown year round outdoor ice climbing tower. They weren't.
And the owners of White Star Line were confident the Titanic was unsinkable.
Words are cheap. Whether the bank's collapse will adversely affect the at the moment largely moribund River Project remains to be seen. I hope it will not. Be we'll have to wait and see how it all plays out. [Emphasis added].
In fact, be sure to check our lower comments section, where the real story is already starting to "play out, and unfold."
