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	<title>Michael Gracie &#187; montana</title>
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	<link>http://michaelgracie.com</link>
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	<pubDate>Tue, 02 Dec 2008 19:53:44 +0000</pubDate>
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		<title>It&#8217;s Wednesday. Are you thinking about work, or fishing?</title>
		<link>http://michaelgracie.com/2008/08/06/its-wednesday-are-you-thinking-about-work-or-fishing/</link>
		<comments>http://michaelgracie.com/2008/08/06/its-wednesday-are-you-thinking-about-work-or-fishing/#comments</comments>
		<pubDate>Wed, 06 Aug 2008 19:09:50 +0000</pubDate>
		<dc:creator>Michael Gracie</dc:creator>
		
		<category><![CDATA[Office]]></category>

		<category><![CDATA[carp]]></category>

		<category><![CDATA[fly fishing]]></category>

		<category><![CDATA[fly tying]]></category>

		<category><![CDATA[kids]]></category>

		<category><![CDATA[montana]]></category>

		<category><![CDATA[work]]></category>

		<guid isPermaLink="false">http://michaelgracie.com/?p=2647</guid>
		<description><![CDATA[ For the highly productive worker, obviously concentrating on the latter&#8230;
Fly tying your life away, and breaking the bank while doing it - Singlebarbed explains it in one &#8220;desperate&#8221; pictorial.  I knew there was a reason I bought my flies.
Marshall Estes has been prowling the South Platte, and putting them in the net.  [...]]]></description>
			<content:encoded><![CDATA[<!-- sphereit start --><p><a class="tt-flickr tt-flickr-Thumbnail" href="http://www.flickr.com/photos/michaelgracie/2724546282/"><img class="alignleft" src="http://farm4.static.flickr.com/3032/2724546282_ccbc4196bf_t.jpg" border="0" alt="Morning Cutbow" width="100" height="75" /></a> <em>For the highly productive worker, obviously concentrating on the latter&#8230;</em></p>
<li>Fly tying your life away, and breaking the bank while doing it - <a href="http://singlebarbed.com/2008/08/05/one-of-those-internet-nuggets-i-overuse-with-relish/">Singlebarbed</a> explains it in one &#8220;desperate&#8221; pictorial.  I knew there was a reason I bought my flies.</li>
<li>Marshall Estes has been <a href="http://www.fly-fishing-colorado.com/wordpress/fly-fishing-colorado-conditions-8208/">prowling the South Platte</a>, and putting them in the net.  I applaud his <a href="http://michaelgracie.com/tag/south-platte-river/">choice of waters</a>.</li>
<li>The <a href="http://flyfishchick.com/2008/07/19/take-it-to-the-bank/">Fly Fish Chick</a> was back in Montana, and the fishing was good.  I&#8217;m pissed&#8230;because she&#8217;s much more photogenic than I.</li>
<li>Speaking of Montana, the fly-throwing carp master by the same name <a href="http://carponthefly.blogspot.com/2008/08/i-was-massively-skunked-today.html">got skunked last weekend</a>.  He doesn&#8217;t really care - the <a href="http://carponthefly.blogspot.com/2008/08/hard-to-believe-hes-2-now.html">kids were still cute when he got home</a>.</li>
<li>And while we&#8217;re on the subject of kids&#8230;Jeffrey Prest found a <a href="http://tauntedbywaters.wordpress.com/2008/08/05/learn-to-fish-properly-perish-the-thought/">great tool for teaching them how to fish</a>.</li>
<p>Now I&#8217;ll <a href="http://michaelgracie.com/2008/08/01/figuring-out-the-best-times-to-fish/#comment-12858">say it again</a>&#8230;get back to work.</p>
<p>PS: If you get busted reading this, just tell your boss <a href="http://busterwantstofish.com/?p=1038">corporate fly fishing still sucks</a>!</p>
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		<title>Montana Schools, Cities Pull $247 Million From Investment Fund</title>
		<link>http://michaelgracie.com/2007/12/01/montana-schools-cities-pull-247-million-from-investment-fund/</link>
		<comments>http://michaelgracie.com/2007/12/01/montana-schools-cities-pull-247-million-from-investment-fund/#comments</comments>
		<pubDate>Sat, 01 Dec 2007 16:45:55 +0000</pubDate>
		<dc:creator>Michael Gracie</dc:creator>
		
		<category><![CDATA[Notes]]></category>

		<category><![CDATA[first rule of panic]]></category>

		<category><![CDATA[montana]]></category>

		<category><![CDATA[SIV]]></category>

		<guid isPermaLink="false">http://michaelgracie.com/2007/12/01/montana-schools-cities-pull-247-million-from-investment-fund/</guid>
		<description><![CDATA[The second &#8220;run on a bank&#8221;:
Montana school districts, cities and counties withdrew $247 million from the state&#8217;s $2.4 billion investment fund over the past three days after officials said the rating on one of the pool&#8217;s holdings was lowered to default.
There&#8217;s been some criticism floating around about the actions of some of the early withdrawing [...]]]></description>
			<content:encoded><![CDATA[<!-- sphereit start --><p>The <a href="http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=aD0_OL9trUck&amp;refer=home">second</a> &#8220;run on a bank&#8221;:</p>
<blockquote><p>Montana school districts, cities and counties withdrew $247 million from the state&#8217;s $2.4 billion investment fund over the past three days after officials said the rating on one of the pool&#8217;s holdings was lowered to default.</p></blockquote>
<p>There&#8217;s been some criticism floating around about the actions of some of the early withdrawing municipalities in <a href="http://michaelgracie.com/2007/11/28/first-run-on-a-bank-sighted/">Florida</a>, and I&#8217;m sure some in Montana will hear the same flak.  But you have to consider that &#8220;withdrawees&#8221; may be required to take action once the assets in these pools are downgraded.</p>
<p>Nevertheless, some are probably just following &#8220;The First Rule of Panic,&#8221; which is &#8220;Be the First to Panic!&#8221;</p>
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