Tuesday, January 31, 2012

The Fleecing of America--How we got here cont.

I was in the mortgage broker business for twenty something years, fifteen of those in Park City, Utah.  Park City is a small mountain resort town north east of Salt Lake City, or referred to as the Wasatch Back.  It was originally discovered around 1860 because of silver.  The Ontario Mine would be purchased by George Hurst of San Francisco in 1872 and become known as the largest silver mine in the world.  Coming from California I found it fascinating that it was George Hurst, the father of William Randolph Hurst, of Hurst Castle fame, that really put my little town on the map.  I visited Hurst Castle as a teenager and at the time only knew that William made his money in the newspaper publishing business.  A somewhat favorably skewed start as his father gave him the San Francisco Examiner at his graduation.  The mining boom brought diverse religion and ethnic traditions to a state that was dominated by Mormons.  Park City became known as the sin city of Utah to which it proudly holds its title today.

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