Top stories for November 3, 2009: 'Alcohol-related' tied to about half of Autzen USC-game ejections, reports the Register-Guard; Mail Tribune story says Ruhl left his mark on Medford and journalism; private sector needs to step up to sustain its own growth, UO economist Mark Thoma says in Wall Street Journal; Oregon Shakespeare Festival predicted doom but draws record in ticket sales, reports the Albany Democrat with a comment from Thoma; the Industry Standard cites a UO Library study on the distracted lives of folks under age 21; and separate stories on the economy by the Coos Bay World and Statesman Journal include quotes by UO economists Tim Duy and Thoma
(While thousands of spectators participated in an organized "darkout" Saturday at Autzen Stadium, at least 118 others simply got kicked out of the Ducks' big win over the University of Southern California. Preliminary ejection numbers issued Monday by University of Oregon officials show that Eugene police and UO Department of Public Safety officers stayed plenty busy at the game attended by a record crowd of 59,592.Many people in the stands wore black clothing for the Halloween match-up. The vast majority followed the rules and left Autzen when they wanted to.)
Ruhl left mark on Medford and on journalism--Mail Tribune (His name was Robert W. Ruhl and he had a profound influence on the lives of Rogue Valley residents for decades, taking the lead in the local newspaper field and going on to win journalism's greatest honor. Ruhl's leadership of the Mail Tribune as editor and publisher began in 1911 and spanned more than four decades, during which time he earned a reputation as an outspoken writer willing to take on some powerful forces.... The book "History of Oregon Newspapers," published in 1939 by George S. Turnbull, professor of journalism at the University of Oregon, relates some of Ruhl's early newspaper experience. He worked for the New York Globe and Commercial Advertiser from 1904 to 1906, then was on the staff of the Republican in his native Rockford, 1907-09. He next spent two years with the Spokane Spokesman-Review before deciding he was ready to step out on his own.)
Secondary Sources: Mother of All Bubbles, Health Care, Growth-- The Wall Street Journal (Where does this leave the economy? Not in a pleasant state. Once the tax credit runs out, it's hard to imagine that the economy will continue to grow, let alone increase at a 3.5% clip. "At some point the private sector will have to sustain growth on its own," University of Oregon economics professor Mark Thoma opines at NYT's Room for Debate blog. Still no evidence proving we're getting there.")
Slings? Arrows? Nay: Bard thrives in Oregon--Albany Democrat herald (With the recession cutting back travel and entertainment spending, the Oregon Shakespeare Festival was anticipating a tough 2009 season so much so it cut the budget by $1 million and actors tripled-up on roles.) But the repertory theater Monday reported record attendance of 410,034 _ 89 percent of capacity for the three theaters and revenues of $17,098,115.... University of Oregon economics professor Mark Thoma noted that sales of movie tickets are also up in the recession.)
Lifestyle Hackers--The Industry Standard (The insider threat, the bane of computer security and a topic of worried conversation among CSOs, is undergoing significant change. Over the years, the majority of insider threats have carried out attacks in order to line their pockets, punish their colleagues, spy for the enemy or wreak havoc from within. Today's insider threats may have something much less insidious in mind--multitasking and social networking to get their jobs done....The University of Oregon Library published a study that showed that the average Net Gen'er, by the age of 21, has been exposed to:* 200,000 e-mails* 20,000 hours of TV* 10,000 hours of cell phone conversation* Less than 5,000 hours reading books. Some demographers bifurcate the Net Generation into Generation X and Y, but for the purposes of understanding the lifestyle hacker, Net Gen says it all)
Reports: Federal stimulus sends $1.8B to Oregon--Coos Bay World (Oregon has received about $1.8 billion in the first eight months of the federal stimulus program credited with saving or creating nearly 10,000 jobs in the state. Reports released Friday showed the largest number of jobs saved by the spending, both nationally and in Oregon, was for teachers.... Tim Duy, a University of Oregon economist, said there's no question that spending federal money will put some people to work. But he warned the unemployment numbers are so high they continue to threaten hopes for a solid recovery.)
4. Financial firms promoted use of pension bonds and profited from arbitrage plays in state--Statesman Journal (Editor's note: The Statesman Journal's report on the investment strategy with the state pension system began in Sunday's paper. Readers may better understand the strategy and its possible effects by first reading the initial article. When Oregon's pension system was having a financial crisis at the beginning of the decade, Wall Street came running. Some of the biggest financial companies — including Goldman Sachs, Seattle-Northwest Securities and the now-defunct Bear, Stearns & Co. — helped create, sell or put into place an investment strategy that attempted to lower an agency's pension costs... "The people moving the papers around, the intermediate players, made a lot of money on these financial deals," said Mark Thoma, professor of economics at the University of Oregon. "They weren't really assuming any of the risk, but they were making a lot of profit just by setting it up.")


