The mayor of six North Shore cities, joined by Danvers Town Manager Wayne Marquis gathered at the Danversport Yacht Club this morning to talk about the state of the region. All of them are facing another very tough fiscal year given the uncertain state of the economy and the expected drop in state aid.
Perhaps the frankest assessment came from veteran Lynn Mayor Edward “Chip” Clancy, who explained that it’s all about “tectonics.”
Normally a geological term relating to the folding and dividing of the Earth’s crust, Clancy used it to describe what happens when the

Chip Clancy
But rather than earthquakes and tidal waves that result when continental plates collide, Clancy noted, the result locally is the “financial tsunami” many communities are experiencing today.