Monday, October 20, 2008

It's Guest Post Monday! The Mayor?

I have to apologize for not putting these 2 submissions to bendbubble2@gmail.com up sooner. I am just lame. Anyway, 2 guest posts, 1 from the Mayor, and 1 from an RE dude. First, his highness:

To whom it may concern ... (is this you Bruce?) I was looking at your blog and came across an amazing bit of text. A quote attributed to me that is not only inaccurate, but I never said it.

January 3, 2008 you wrote "Green is not alone as a second-home owner in Deschutes County. These days, two of every three dwellings in Bend, Oregon is a second home, according to Bend, Oregon Mayor Bruce Abernethy, himself a real estate broker."

What??? First of all, I would never say two out of three homes are second homes because it isn't true. Secondly, I am not and never have been a real estate broker. Where do you make this stuff up? I suppose I should give you some credit because you did get the part about me being mayor right.

Bruce Abernethy
383-6030 (w)

Now the RE dude:

General State of the Economy

I am a Real Estate Appraiser. I have worked as a Realtor, Loan Officer and Real Estate Appraiser here in Central Oregon since 1995. While I agree with the majority of your opinions regarding our local real estate industry, I wholeheartedly agree with your comments regarding the "bailout".

Bailout-
I think the term "pissing in the ocean" applies here. There is a reason the administration rushed this legislation through congress. The bailout is the biggest hoax on the American people since Reagan's deregulation. It would have been better to let these financial institutions fail, because the free market has shown that something better and stronger will take it's place. Think of these mortgages as a game of musical chairs... taxpayers are once again out of the game without a chair, but holding all the debt. As you've seen from the stock market the last few days... those in the know are not buying into the bailout as a saviour.

Family Wage Jobs-
The Central Oregon area has some special challenges that occur in other areas of the country (Aspen, Durango, Lake Tahoe come to mind). Unfortunately, we have a number of groups which have formed political alliances to maintain the status quo. The number one priority of our local government should be in obtaining family wage jobs. The status quo group of Realtors, Politicos, Developers and the Bend Bulletin believe that we should be building additional resorts. While tourism brings needed dollars and businesses to our area, the minimum wage jobs these industries spawn does nothing to raise the standard of living for the majority of Central Oregonians. The developing of our land, for resort use, benefits those at the top of our economic food chain with very little dribble down to the majority of Central Oregonians. The time, effort and money wasted by our local government spent in kowtowing to this cartel would be much better spent in wooing businesses to the area with tax breaks and/or other benefits.

The Local Housing Market-
I told my clients at the beginning of this year, that I believed our local housing market was going to get worse. The bad news is that we have not hit bottom yet. This makes the March 2008 prediction of recovery by Dana Bratton, one of our local appraisers, look that much more ridiculous. Home pricing will continue to spiral downward as credit tightens - it's a horrible snowball that is still gaining strength as it rolls down the hill. Check out Kevin Phillips book - Bad money : reckless finance, failed politics, and the global crisis of American capitalism. This gives a glimpse of how short sighted politicians have allowed greed to ruin our economy. Locally, foreclosures are increasing and driving the median home pricing down. This will continue to snowball as local businesses begin to fail and thereby force more pressure on homeowners already struggling to pay their monthly mortgage. This financial pressure has tragically manifested itself through a number of suicides and a rise in divorce filings. The financial strain of our declining real estate market takes a very real toll on the personal lives of all Central Oregonians.

Folks - it's going to get a bit worse before it gets better. There may be a very real up-tick in consumer confidence after the Presidential election. Look for positive signs in the economy after the first of the year. However, if this economic snowball continues, it could turn into an avalanche and take most of the world with it. Most economic experts are predicting a few years of stagflation. The only fix is to pry open the credit markets. This 700 billion dollars would have been much better spent establishing a direct government mortgage system. If consumers know they can once again have access to credit, then home pricing will stabilize and people will start spending again.

Of course, Central Oregon is still a great place to live and work. I am heartened by the citizens of Bend who care deeply about this place. I moved here for the lifestyle and I have not been disappointed, those who moved here to "get rich" in the housing industry can't help but be disappointed.

Thank you for allowing me to post...

David Skelton

374 comments:

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IHateToBurstYourBubble said...

Wow... ballsy post by the Appraiser dude.

IHateToBurstYourBubble said...

And I can tell you Appraiser Dude, you'll get much more respect from the population at large for laying it down straight, instead of doing what Bratton & other RE cheerleaders are doing, trying to talk this thing up.

You'll notice Sept was not that bad sales-wise in Cent OR, and it's because as prices return to normalcy, people will be able to buy again. NOT including foreclosures, short-sales & other low-priced property in an appraisal, actually just extends the problem. I'm not saying YOU do this, but your cohorts do, and have stated such in The Bulletin.

This place is hamburger at $20/lb. Just not going to sell. When things return to AFFORDABLE, people will buy here again. Would you move to Des Moines & pay $600K for a house? sAme thing here. Bend is cool & I like it, but it is NOT XANADU. There are SUBSTITUTES, and people will go elsewhere. We need to stop drinking the Kool-Aid That BEND IS XANADU, and accept that it's a regular place & should be priced NORMALLY. The sooner we recognize this, and stop acting like we're Kings of the World, the sooner this place will bounce back.

Our Superiority Complex is KILLING US.

Anonymous said...

Secondly, I am not and never have been a real estate broker. Where do you make this stuff up? I suppose I should give you some credit because you did get the part about me being mayor right.

*

BULLSHIT - What we said about the mayor is that he has NEVER had a real job since getting his Master's in Admin. To say that he was a RE broker would be to suggest this PUSSY ( yes aber is a pussy ) has ever had a real job.

What we have said since day one here is that ABER has never worked a real job, that his entire working life has been to suck the government tit, thus like most pussy's aber is a kept-man, in this case kept by local government.

We certainly hope in the future that aber goes out into the real world and gets a real job, I don't think he's dumb enough to go into RE.

Perhaps young aber could be given pussy advice from our own resident pussy's on never having to work.

Anonymous said...

The RE appraiser really didn't say anything about Bend, just criticized DUMBYA policy like we do 24/7, and all the others that breath.

Has there been one fucking DUMBYA supporter here ever? I mean even the most 100% PUG's don't support DUMBYA.

I don't think RE appraiser said anything, you can't find anywhere, and nothing Bend wrt the economy.

RE Appraiser should talk about what the city needs to do to fix the fucking mess, and given tens of milions to knife-river, les-schwab, and brooks-resource, ... of city tax payer money.

Anonymous said...

To whom it may concern ... (is this you Bruce?) I was looking at your blog and came across an amazing bit of text. A quote attributed to me that is not only inaccurate, but I never said it.

*

Sounds like pussy-A, has convinced that pussy-D that BB2 is pussy-A's site.

pussy-D thinks that HOMER is the big pussy-a.

Things must be getting real fucking slow and boring if pussy-d ( looking for a real job now ) has the time to peruse these fucking blogs.

Lastly, for the mayor-pussy, to be distancing himself from RE, ... is this the last fucking supper or what???

Anonymous said...

The number one priority of our local government should be in obtaining family wage jobs. The status quo group of Realtors, Politicos, Developers and the Bend Bulletin believe that we should be building additional resorts.

*

This SIMPLY is NOT true, the #1 priority of local government is tens of million of cash to les-schwab, knife-river, and brooks-resources.

All of which have NOT a fucking thing to do with resorts.

By definition 'resorts' are all out of town, and not under jurisdiction of 'local government'.

The 'county' is economically doing fine a few months ago I talked with the financial controller of Deschutes Co, who told me things have never been better, as they have planned for the down turn.

On the other hand there is BEND-CALIF, which city-hall is near BK, which has handed out dozens and dozens of millions to les-schwab, knife-river, and brooks-resources in the last few years.

The newest fiasco of Bend is urban-renewal per Garzini, which allows local city-hall to make specific property's exempt from property-tax ( think hollern land ). Already HOLLERN has a permanent exemption from paying SDC's in the BEND area.

Not a fucking thing to do with resorts.

IHateToBurstYourBubble said...

Lastly, for the mayor-pussy, to be distancing himself from RE...

Yeah, I thought that was pretty funny too.

Anonymous said...

Central Oregon is still a great place to live and work. I am heartened by the citizens of Bend who care deeply about this place. I moved here for the lifestyle and I have not been disappointed, those who moved here to "get rich" in the housing industry can't help but be disappointed.

*I have worked as a Realtor, Loan Officer and Real Estate Appraiser here in Central Oregon since 1995.*

Summary never been a better time to buy a home in Bend, and the few bad apples in local government have squandered all our resources on building Brasada.

Sorry to be a contrarian CUNT's, but this guy is no different than any other COBA,COVA,CORA PR HO we have seen here all along. This KUNT is obviously a newbie he came here recently to do MTG's, only now that its game-over is here for 'lifestyle', a lifestyle of what? Meth? Crime? Certainly his profession is FUCKED, like he said had the $700B gone to MTG, things would have looked up, now its going to be years before his profession gets candy.

Realtors, mtg-loan, and appraiser's are FUCKED, there are too many in Bend. Again, the real fucking issue is "what will this person do, to make a nickel, in Bend-Calif".

Note the numbers are 1995 are perfect for the HOLLERN-HO team, to blame ALL Bend's fucking problems on resorts, like prineville did the other day in Crook County.

Again, Bend's problems have nothing to do with resorts, as there are NONE by defn in Bend, CALIF.

The problem in BEND is HOLLERN in 1995 start putting together the second wave ( lobby for cheap SDC ), which was brought online in 1998 ( smart-growth, nwxc approval, anything goes wild-west development in Bend ), then in 2002 by happen-stance a wave of easy-money hit Bend.

tim said...

http://cliveholloway.net/bend/

Note that inventory under 300k and over 1 million seem to be remaining high while the mid ranks fall.

Why? I don't know.

IHateToBurstYourBubble said...

marge said

I was drivin out towards Alfalfa this AM and saw a sign (not for sale) in front of a house that said NEED WORK CCB # *^^*^**, please call...


I've seen that same sign. The guy needs to put a phone number on there!

IHateToBurstYourBubble said...

Note that inventory under 300k and over 1 million seem to be remaining high while the mid ranks fall.

Why? I don't know.


STD's. East side is FULL OF THEM. It's about 80% vacant STD's on the Eastside, all dropping below $300K as foreclosures overtake the whole area...

Anonymous said...

Perhaps young aber could be given pussy advice from our own resident pussy's on never having to work.

Bruce Pussy and HBM Pussy, where are you, you kept_men Pussys?

A new Pussy needs your advice.

Show 'em how to suck the teat properly, by getting your man_wives to do your work for you.

Anonymous said...

DUI? Not a problem if your a BEND PIG.

*

Pullman police arrest off-duty Bend officer

PULLMAN -- An off duty Bend, Oregon police officer was arrested in Pullman early Saturday morning after he was seen driving the wrong way down Ruby Street.

A Pullman police officer says he was on foot patrol on College Hill when he saw a man driving the wrong way on Ruby Street. The officer says he approached the vehicle and yelled at the man to stop at which time he allegedly sped off.

Patrol cars stopped the driver moments later a few blocks away. Erick Supplee, 32, was arrested and released on the misdemeanor.

Officers also say Supplee smelled of alcohol but noted he did not appear intoxicated. Supplee refused to take both a breathalizer test and a field sobriety test.

Supplee told Pullman officers that he is an officer with the Bend Police Department. Authorities in Bend confirm Supplee is a patrol officer with their department, adding they are aware of his arrest but declined to comment further because it's a personnel issue.

Anonymous said...

PUG BITCH SAID TO WIN OREGON-SENATE SEAT.

***

October 20, 2008 - 11:21am
SD-27: Telfer, Republicans race to reclaim seat
By Britten Chase
Category: LocalTags: Chris Telfer, Maren Lundgren, Ben Westlund, Don Loyd

State Senate Republicans are realistic; they are not planning on grabbing a bunch of seats this election cycle, but they are looking at taking back one seat that had always belonged to them.

State Sen. Ben Westlund (D-Tumalo), was a Republican when he was appointed to the seat, but after a couple of party identity crises, he switched his affiliation and caucused with the Democrats in the most recent legislative session. Now Westlund is vacating the seat to run for State Treasurer, and State Senate candidate Chris Telfer (R-Bend) is poised to take over.

“She’s been a real voice of sanity and reason on the City Council,” Senate Republican spokesman Michael Gay said. “She’s a certified public accountant and she has an eye for dollars and cents. She’s been a watchdog of taxpayer dollars.”

Telfer has a range of experience on the Bend City Council, but it was the limits of city government that made her decide to run for a state government position.

“The state has had a major negative impact on our life over here; I wanted to change that,” Telfer said.

For Telfer, that includes working with ODOT to lift moratoriums on zoning in regards to state highway use. Telfer says that transportation planners have been behind denying zone changes in Central Oregon, which has crippled economic development.

“The state is taking the stance of, ‘No we can’t do this,’” Telfer said. “They don’t understand rural issues.”

If elected, Telfer would be the only CPA in the Oregon legislature; so she’s got financial knowledge that could come in handy. Still, being a freshman senator, and a member of the minority, will limit her influence. But Tefler is not concerned by that.

“You pick your battles,” Telfer said. “I hope to write some legislation that is non-partisan, and I’m going to be collaborating to make legislation even better.”

But before she starts writing bills, Telfer has to get by her Democratic opponent; Maren Lundgren, a public defender specializing in representing children. What Lundgren has lacked in monetary support, she hopes to make up with traditional retail politicking. She also hopes a rising tide of Democratic registration in the Bend area will help too.

“I’ve done a lot of door knocking,” Lundgren said. “I really love it. People get excited to have me knocking on their door.”

If elected, Lundgren hopes to focus on issues for families as well as increasing opportunities in the green tech industry to increase the amount of jobs in Oregon. But she faces an arduous uphill climb in the senate race, where she is far behind Telfer in fundraising.

“I’m doing what I can to make sure people know about me,” Lundgren said, pointing out that the campaign had sent out mailers and would remain heavily involved in canvassing and phone banking.

Telfer says that with 15 days left in the election, she too will be doing a lot of door-knocking. After that, she says she plans on sleeping in on November 5. But only for a little bit; she has two meetings that day.

“I’m solution oriented,” Telfer said. “We all know what the problems are, but I have solutions.”

The District: SD-27 consists almost entirely of Deschutes County, and includes Bend, Redmond, and Sisters.

The Breakdown: When Westlund ran for the seat as a Republican in 2004, he faced nominal competition from Constitution Party candidate Don Loyd, and he won the seat with 82 percent of the vote. But voter registration in Deschutes County has changed the demographics of Bend toward the Democratic side. According to the Secretary of State’s office, there are 30,473 registered Democratic voters, and 28,538 Republicans. Sprawling SD-27 may not be as impacted by voter registration in the Bend area, but the increase in Dems could help Lundgren.

The Intangible: Over 20,000 unaffiliated voters in the district.

The Issues: Telfer’s biggest issues are land use, transportation, and health care. Lundgren said that if elected, she would focus on health care, the environment, and education.

The Money: Telfer has raised $219,985.19 for her campaign, and has received $57,649.85 in in-kind contributions. Lundgren has raised $15,144.00 for her campaign, and received $3,149.00 in in-kind help.

Voter Reach: Telfer has been running campaign commercials on Bend-area television. Lundgren has relied more on mailers and canvassing to get word of her campaign out.

Anonymous said...

Regarding YOUR FUCKING 'appraiser', and my FUCKING 'loan mtg-re HO'.

Marge, How often do you see a KUNT move to BEND, and in 13 years go from REALTY, to LOAN ORIGINATION, and then become an appraiser.

I'm mean that is THREE completely fucking different fields.

OK, granted a loan-originator only has to be BREATHING in order to write loans in Orygun. A realtor, needs to take a few classes to be a broker.

But a fucking appraiser needs to suck cock, and win the RE-APPRAISAL lottery to get into the door of that BITCH.

I'm going to DWELL for some time on this KUNTS proposition that ALL PROBLEMS in 'local BEND-CALIF' are cuz of 'resorts'.

Those FUCKING resorts are in YARROW ( Jefferson Co, Madras ), and they're like Brasada ( Crook County Priny ), ... sure down to BEND you got the original full-meal deal like BLACK-BUTTE (HOLLERN), and SUNRIVER ( JD-GRAY, HOLLERN's MENTOR ).

Today BROOKS RESOURCES is DYING, and almost DEAD, their problem isn't fucking NWXC ( northwest outhouse crossing ), HOLLERNS fucking PROBLEM, is YARROW, BRASADA, and a dozen other fucking SIBERIAN resorts that never sold SHIT, this HOLLERN BITCH is fucking DYING, as his KUNT said a few days ago in the BULL.

NOTE that HOMERS Appraiser, and my BULL-SHITTER HO for HOLLERN ( RE-MTG-APP guy ) say's all the fucking problem is cuz of resorts, well this is true for HOLLERN, but its HIS FUCKING PROBLEM.

NOBODY in BEND MADE HOLLERN BUILD ALL THESE FUCKING SIBERIAN RESORTS in the tri-country area's.

To say that permanent SDC deferral, and urban-renewal ( property tax exemption ) can fix our 'resort' problem, is NONE of BEND's fucking business.

The deal here, is that the ONLY METRO with pockets deep enough to SAVE HOLLERN's fucking ASS is BEND, and thus we'll get the DEAL, this is why RE-MTG-APP is fucking sending love letters to HOMER.

The other BITCH ABERnethyPussy, herein 'AP', he actually thought he was sending his love-letter to BP, the stupid fucking pussy ( baby-Kunt ).

Bewert said...

Re: Show 'em how to suck the teat properly, by getting your man_wives to do your work for you.

I've beaten Bruce A up personally harder than I ever have here.

He does have a job. He writes grants to bring dollars into our school system.

Yes, I know that's not a real job in your eyes, but I could fucking care less. I've done the same type of work for Exerscape, with some success. It's highly competitive and involves dozens of pages of forms, backstory, and professional backup. Believe it or not the government doesn't just give you money for nothing. At least not in my experience. Getting a fundable score, in the top 20%, is a win. Getting actually funded is a triumph. Especially since BushCo has taken the education, health, and basic research monies for tilting at windmills in Iraq.

The Mayor is by no means perfect, and we have had "discussions" about jobs versus Celebration City on several occasions.

The one thing sure to keep pissing me off is implying that I don't have a job.

Neither do you, dumbfuck. You own a bunch of houses built by other people. I own a bunch of IP I created myself. Both make money.

Get over it.

Plus I have multiple side jobs I like. Unlike you.

Still, getting Abernethy to acknowledge reading this flaming pile of truth is a step forward.

Anonymous said...

PUG BITCH SAID TO 'SLIDE' into ORYGUN SEAT, LIKE COCK's 'slide' in BP with maxi-glide. I hope HBM gets off his lazy ass and derails this PUG bitches fantays.

***

October 20, 2008 - 11:21am
SD-27: Telfer, Republicans race to reclaim seat
By Britten Chase


State Senate Republicans are realistic; they are not planning on grabbing a bunch of seats this election cycle, but they are looking at taking back one seat that had always belonged to them.

Anonymous said...

I've beaten Bruce A up personally harder than I ever have here.

He does have a job. He writes grants to bring dollars into our school system.


*

His name is AP ( aber-pussy ),

Yes, I concur he was NEVER mayor, Friedman ALL along has been mayor.

Aber-Pussy with his Masters-in-Admin is/was the perfect fucking grant-writer. Only in BEND-CALIF could you have a poster pussy as acting mayor and have all the other pussy's in town in complete fucking support. While the real mayor all along runs his fucking HOA racket, and cleans Bend-Calif's hide to the fucking bone, like a fucking wolf sucking marrow.

Yes, Pussy's of Bend keep writing grants for the children, as BP loves dim children.

Bewert said...

Buster, for an asshole you are pretty amazing. No one would ever want to put their own name behind such crap.

Which is why no one actually listens to it.

Without outing yourself you are pissing in the wind. Probably upwind, considering how stupid some of your rants are.

Quimby said...

>> The number one priority of our local government should be in obtaining family wage jobs.

What? I thought the number one priority of a municipal government was to ensure ensure law and order, provide some nice parks, and maybe some basic code enforcement, and some K-12 education.

When is it government's job to "promote job growth"? You don't have a job here? It's your fucking responsibility, not local government's. Move and get a job.

See my rant in the comments over on the Nugget Blog on this very issue:

Economic development in Sisters? What’s that?

Anonymous said...

Driving through Sister, I noticed again that the population is only 2000 people. How can they even expect to have an economy?

Anonymous said...

quimby,

I'm afraid I'm 100% against you on the job issue.

I grew up in a middle-sized city that had the premier vacuum cleaner factory on the north and a crucial ball bearings factory on the south. Those corporations actually helped build schools and parks. The money from the jobs supported just about everything going in in town.

Where do you think the money for law enforcement and parks comes from? It comes (usually indirectly) from having a bunch of good jobs in town.

When a city loses its jobs and you see it happen and the ton goes to hell, then you realize that it's certainly in the city's best interest to go after and keep good jobs.

Bewert said...

Quim, nice rant. Small rural towns are forever encumbered with distance issues. Although China seemed to overcome that. At a great cost to their environment, anyway.

Living wage jobs. That is the conundrum. How do we get such that are fully compatible with our own area?

On your private econ dev vs. public econ dev--that just a smokescreen to get the public to fund the private. Many times public funding may be a good idea in the interest of the public good, like roads, bridges, firehouses, police, water, sewer, etc., but in others, especially when focused on a single private development, it's not in the interest of the whole.

Having a great infrastructure, i.e. schools, parks, services, is a more productive way to help private developers market their industrial sites. The executives like having good schools to send their kids to.

Where you are a bit confused is that the city provides all those, at least in Bend. The parks and the schools are totally separate organizations.

Bewert said...

Good article on the culture of greed persising on Wall Street, even as they are taking hundreds of billions more of our money:

Oct. 18, 2008. Financial workers at Wall Street's top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is expected to be paid in discretionary bonuses, for their work so far this year - despite plunging the global financial system into its worst crisis since the 1929 stock market crash, the Guardian has learned.

Staff at six banks including Goldman Sachs and Citigroup are in line to pick up the payouts despite being the beneficiaries of a $700bn bail-out from the US government that has already prompted criticism. The government's cash has been poured in on the condition that excessive executive pay would be curbed.

Pay plans for bankers have been disclosed in recent corporate statements. Pressure on the US firms to review preparations for annual bonuses increased yesterday when Germany's Deutsche Bank said many of its leading traders would join Josef Ackermann, its chief executive, in waiving millions of euros in annual payouts.


More:
Wall Street banks in $70bn staff payout
Pay and bonus deals equivalent to 10% of US government bail-out package


Screaming is allowed, especially if you are still trying to pay off that 20% co-pay from a medical visit where you didn't know or care how much it cost.

Quimby said...

>> When a city loses its jobs and you see it happen and the ton goes to hell, then you realize that it's certainly in the city's best interest to go after and keep good jobs.

Eventually, every bit of pork & plunder from the taxpayer can be rationalized. These companies all wander around with their hands out like they can't continue to exist w/o a public subsidy. 100% bullshit but our municipalities play the game like every other town.

Quimby said...

Either:

A) no-one gets handouts
B) a few powerful get handouts
C) everyone gets in on the game and gets handouts

We are operating in Mode C.

And Buster, no, I'm not talking about transponders.

Do you all notice how most political debate is about how big a slice of gubmint PORK you're going to get from candidate X and how Candidate X's porky handout is so much better than Candidate Y's lean porky handout?

It drives me crazy!!!!!! (well, crazier than I already am I should say)

Quimby said...

>> On your private econ dev vs. public econ dev--that just a smokescreen to get the public to fund the private. Many times public funding may be a good idea in the interest of the public good, like roads, bridges, firehouses, police, water, sewer, etc., but in others, especially when focused on a single private development, it's not in the interest of the whole.


Agreed Bruce.

Anonymous said...

Anon writes:
"Bruce Pussy and HBM Pussy, where are you, you kept_men Pussys?

A new Pussy needs your advice.

Show 'em how to suck the teat properly, by getting your man_wives to do your work for you."



The MasterPussy (BP) replies:

"The one thing sure to keep pissing me off is implying that I don't have a job.

Neither do you, dumbfuck. You own a bunch of houses built by other people. I own a bunch of IP I created myself. Both make money.

Get over it.



*

1) Firstly, not all Anons are the Buster.

2) Secondly, not everybody who starts their posts:
-return
-return
-shift 8
-return

is the Buster. Nor me, for that matter. There are actually many people imitating various Anonymous people here. Some are so good at imitating me, that even I get fooled sometimes.

3) Thirdly, since "The one thing sure to keep pissing me off is implying that I don't have a job." seems to works so well, I think that I will continue what works.

4) Fourthly, you did not yet help out a fellow Pussy in need. "A new Pussy needs your advice." So, BP, you must now teach the new pussy, AP, the rules of PussyDom here at the great rock of 'Butter.

Better hurry though, as the other Great man_wife_kept Pussy, HBMPussy, may help out AP before you get your chance to teach AP your very own Pussy rules of the road.

Bewert said...

Ah, I get it now, Anon-Buster-Some other asshole scared to post under his own name:

You simply wish you had a wife.

Someone to share life with, both good and bad, the struggles and the triumphs.

And are bitterly jealous of us who do.

I feel kind of sorry for you.

Anonymous said...

I feel kind of sorry for you.


*

No need to feel sorry for me, nor my happily married wife.

Buster views you as his wayward, liberal son that he keeps trying (w/o success) to talk some sense in to.

I view you as my little brother whom I can't stop myself from tormenting your every stupid move.

See? You add much value to this rock.

Anonymous said...

"I view you as my little brother whom I can't stop myself from tormenting your every stupid move."

Dude - you remind me of this boy I knew as a kid who tormented his pet cats and dogs for pleasure.

Not exactly something to aspire to, you know...

Bewert said...

Post of the day, pseudo-Buster.

I'm pretty strong-headed, you know. But I am immediately ready to admit being proven factually wrong. I have a few times already.

Glad to see I've added some value. I've gotten a few emails saying so, but very little public acknowledgment.

Kind of funny is that I'm a eldest and only son. Never had a big brother, and any guy who challenged me was vigorously competed with. My best friends were my most fierce competitors over the years. I'm looking forward to going back to Alta this winter for a few more beatings from Bjorn, Rogers, Sam and Max, et al.

This little rock could help save this town that we like to live in.

If Butter would just let Google to track it better...

Anonymous said...

Marge, How often do you see a KUNT move to BEND, and in 13 years go from REALTY, to LOAN ORIGINATION, and then become an appraiser.

My Oh My, I zm lovin todays posts. Ya all had good stuff goin on for Bend.
As far as the RE Guy/APP. I know him and his deal as I see it is he pre jumped the market to safer havens before he made some real dough. I think you call it pre ejac..something. Nice enough guy...but no sticktoitiveness. Just like the markets. Why bail now, it will go up...fuckin someday. I bailed a year ago.
Pussy-Aber needs a lesson in Bend reality. I mean, WTF, like he has nothing more to say than a couple of paragraghs about himself and not Bend?
Where do you make this stuff up? I suppose I should give you some credit because you did get the part about me being mayor right.
WRONG...you are NOT the Mayor of our Bend..you are a cheap imitation of a Mayor...no Balls and you are too bad to call a Kunt or a real Pussy. The pussies here have more balls than you do...CAVER!!!

Anonymous said...
This comment has been removed by the author.
Anonymous said...

Definition of a "caver":
No Balls, no pussy, somehow loves very small dark places (assholes), likes to sleep with head in dark places. Can't seem to see the light...EVER. Gives in to the dark.

Bewert said...

So "cavers" are a lot like Anonymouses.

I mean, you can at least own up to a pseudonym of your own. Anonymouse is like smelly pussy. It's fun, but you don't really want to alert your buds to your accomplishment.

I can't believe how many knobs exist on this blog.

Man up.

Anonymous said...

Animouses are cavers. Too many knobs. Including ABER-caver. He not good enough to call pussy..Pussy.

Anonymous said...

Mirror, Mirror, on the wall is who is Bend's biggest Bruce Pussy of them all??

Anonymous said...

I know him and his deal as I see it is he pre jumped the market to safer havens before he made some real dough. I think you call it pre ejac..something. Nice enough guy...but no sticktoitiveness. Just like the markets. Why bail now, it will go up...fuckin someday.

*

I here ya marge, that's why I asked you the rhetoric, let's look the time-line, ..

Cum to Bend 1995-2000, and to RE and lose, then write loans from 2000-2004, and miss that boat, and then post 2004 do appraisals, just about the time that industry gets a bad rep, hell yes, this loser is LOSER.

I know lots of realtors, and they all stick to it for 20+ and do fine, ... It's quite interesting today that HOMER profiled two fucking losers, and BP comes to rescue both.

I think our RE-MTG-APP should run for mayor, once aber-pussy is gone, and he can run against BP. Bend, Calif deserves no less.

Anonymous said...

Do you all notice how most political debate is about how big a slice of gubmint PORK you're going to get from candidate X and how Candidate X's porky handout is so much better than Candidate Y's lean porky handout?

*

Quim, in BEND, CALIF we call it cargo, Bend-CA is a desert ISL, its a cargo cult, and the inhabitants are awaiting BIG cargo ships, and almost all of BEND pussy's think OR-BOMB-EO will bring the most cargo of all.

Anonymous said...

If Butter would just let Google to track it better...

*

If butter had those kinds of brains, he be rich, and left Bend, Calif long ago, instead he runs a two-bit blog with tracking disabled.

Butter is a predictable loser, like Dunc, how Bend, Calif.

On that note, did all see todays BULL how attorneys all over the country are coming after bloggers?? It seems that COSTA has declared war on blogger's, see todays main BULL section 'A'.

Anonymous said...

Anonymous aberpussy said...

Mirror, Mirror, on the wall is who is Bend's biggest Bruce Pussy of them all??

*

Abernethy you win, ewert is just a cargo cultist, while you the real thing, you have managed to suck the big teat for years, our BP only wishes he could suck the teat like B[A]Pussy.

Anonymous said...

Of course newspapers hate blogs. Bloggers make Newpapermen look like fools.

Sunday, front page left top. What's there? Story about mental health symposium at the Tower. Why? Stress. Suicides.

Perfect opportunity for Costa to introduce his new "I was wrong" campaign.

Bewert said...

It would be nice if you kiddies would bring something other than third-grade name calling to Butter's blog.

Anonymous said...

Mortgage broker is fined $70000, banned from doing business in Oregon

Statesman Journal, OR
- 4 hours ago

NLC had offices in Bend. About 70 loan originators with NLC were approved to make loans in Oregon.

Anonymous said...

Bend Book of 'Bunny Suicides' added to Bulletin's TOP BANNED books in Bend. WTF, ... Bend is exceptional.

***

'Book of Bunny Suicides' divides parents
KTVZ, OR - 9 hours ago
After speaking with library officials from Bend-La Pine Schools and the Bend Public Library, it appears the book can be found in three different libraries .

Anonymous said...

It would be nice if you kiddies would bring something other than third-grade name calling to Butter's blog.

*

BP your the king of non-original name calling.

That's the pot calling the kettle black. BP you have always been the lowest man-twat on this totem-pole. You find another man-twat name aber-pussy, who you convince that you be the lord of Bend-Blogging. Aber-Pussy sends you an exchange, but it goes to Homer who posts the fucking note. Note its clear to all city-hall that BP means three-heads on one twat, there may be more than three bruce-pussy's in Bend, but we know our three are the same.

1.) The Orginal BP ( PUSSY around here ).

2.) H 'BRUCE' M - Pussy

3.) 'Bruce' Aber - Pussy

Lastly, I might add that prior to BP's appearance ( BIG PUSSY ), last August of 2007, there was a higher order of discourse, but for a little over a year now the Pussy's have turned this blog into political pork/cargo whining, rather than debating the Bend economy.

WRT who uses the most stupid name calling, I would give that to the pussy, who posts on his handle of 'bruce', and then comes back and supports himself as anonymous, using nasty third grad insults. We call that shit 'original'.

Anonymous said...

Lastly, I might add that prior to BP's appearance ( BIG PUSSY ), last August of 2007, there was a higher order of discourse, but for a little over a year now the Pussy's have turned this blog into political pork/cargo whining, rather than debating the Bend economy.

Or it could be because up until a year ago we were all watching the start of the collapse, discussing what it meant, convincing newbies, trying to figure out how low it would go... Now it's not that interesting. We all know it's going to get bad. Nobody needs convincing. We just don't know if it's going to $170k medians or $120k medians. That's not all that interesting an argument.

It would probably be better if there were only 20 posts a week that had to do with the local economy, then I wouldn't have nearly the same amount of shit to read to find something relevant.

Anonymous said...

'Book of Bend Developer Suicides' divides parents

'Book of Developer Suicides' stirs debate (10/20) The Bulletin, Bend

Librarians say teens can appreciate dark humor of 'Book of developer Suicides,' but some parents say it shouldn't be on shelves

Librarian defends book as dark, funny

By Kate Paul, Bend Bulletin

A book found in many public and school libraries seems to be creating a bit of controversy lately.

After an Oregon mother refused to return the book titled "The Book of developer Suicides" to her son's high school library in Halsey, it got us wondering if the book could be found locally.

After speaking with library officials from Bend-La Pine Schools and the Bend Public Library, it appears the book can be found in three different libraries in Deschutes County.

The book has raised questions and concerns due to the nature of the comic strips that are found inside.

The pages show cartoon Bend area builders committing (or attempting to commit) suicide over and over, in unusual and creative ways. Such as jumping off a cliff, blowing their brains out, hanging themselves.

"Well, when the book first came out, there are two books in the series now," said April Witeveen of the Bend library. "The first one came out a couple years ago, and I did hear a little bit about it on some library Listservs, some e-mail Listservs, just basically alerting librarians of the fact that this book was coming out."

Despite concerns some raised about the book, the Bend library and two others in the county deemed it appropriate for their teen graphic novel sections - but not their children's section - deciding its content is permissible for the right age group.

"I understand that suicide is not a joking matter, and I understand that it's a really serious issue for our teens and for people of all ages," Witeveen said. "But at the same time, the book is completely dark humor, satire - and it's really funny."

Regardless, some parents who might even recognize the humor say that they would not feel comfortable having it in a library that their children visit.

"Yeah, not at all. I mean they (her kids) ae little now, but in the future I sure wouldn't want them getting ahold of that," said Kindi Vaughn, a mother of two.

Other parents say censoring the book, or removing it from our libraries shouldn't be an issue.

"I wouldn't prefer to have it censored or removed," said Jon Elek. "I would prefer to have the choice. And if it's something the library feels is not appropriate for children, maybe put it in the adults section."

Teresa Leonard, an aunt of two children, said, "I wouldn't have a problem sharing it with them and talking about it and kind of getting their reaction and then getting their point of view."

The book can be found at three of the five Deschutes Public Library branches, but it isn't on any Bend-La Pine school shelves because, officials say, it doesn't support the academic curriculum.

Costa of the Bend Bulletin added that it wasn't necessary to have this book, that his own paper contained detailed information about area developer/builder suicides, he felt the book was redundant to the material found in the Bulletin.

Anonymous said...

We just don't know if it's going to $170k medians or $120k medians.

*

I think that most of us in the 'biz' think it will go to $120k, that is only 1998, and that will be quite easy for an over-correction.

The real issue here is that post August 2008, we have taken on more & more renters, who really don't have a clue about BEND RE.

Then you have folks like the pussy, who just moved here and rent, and their only interest is self promotion for public office.

Given that stabilization is 4X of income, and income in BEND is plummeting. A $30K is highly predictable at this point.

Of course that would be 1998 dollars.

We all know that there will be rampant inflation because of PAULSON, print TRILLIONS of dollars, its predictable that the min-wage will be $20/hr in a few years. Thus we'll see $60k/yr income, and $240k medians once inflation kicks in.

In the interim wages will collapse, and there will be no money to purchase anything, but that will be a short window.

We also know that ALL our renters here are idiots, with fucked credit, and no cash saving's, and besides they're NOT going to lock themselves in BEND, even when the prices do collapse.

For investment purposes of buying low, and seeking a good return, there are many better places than Bend, Calif.

Anonymous said...

It would probably be better if there were only 20 posts a week that had to do with the local economy, then I wouldn't have nearly the same amount of shit to read to find something relevant.

*

'Relevant', 'Economy' are oxymorons on this board, you know the definition of insanity is doing the same thing over and over and expecting different results.

This board is about humor, e.g. a humorous take on the Bend economy.

Nobody here cares about fixing Bend, or making this a better place, that was established long ago.

The self promotion of the pussy's is about their own comfort.

If your looking for something other than a good laugh at 'BEND', you'll not find it here.

Anonymous said...

Some people care about fixing Bend but don't think they'll be an opportunity to do it until it hits its nadir.

Ask Bruce how much change he's effected so far. Nice that he's trying, but is there bang for the buck there?

Anonymous said...

We also know that ALL our renters here are idiots, with fucked credit, and no cash saving's, and besides they're NOT going to lock themselves in BEND, even when the prices do collapse.

Actually we don't know that. Coming from a renter who sold my house in Bend last year, has an 800 credit score, and actually made good cash by selling.

You are just bitter because you didn't sell all your shit last year, taking the cash to run. Just think, you could have had three times the property by buying back low. But that would have been smart.

Anonymous said...

Bruce is a joke, have you ever been to city-hall and seen him in action? He's a gadfly.

Then there is his 'complaint', which was just an extortion racket to sell Capstone Butt-Plugs, which is what brought him here in the first place.

Bend is 100% about ONE THING and that is PROTECTING HOLLERN, and HOLLERN is going down, BROOKS is dying, because the resorts in Jefferson & Crook County are killing his company.

Nobody at city-hall cares about anything but saving Brooks Resources. They'll BK Bend, by using our resources that should be used for fire, cops, and sewer, ... but instead the city budget will be used for city SDC exemption, and property tax exemption ( urban renewal ), so that Brooks can make a nickel in Bend, and use that profit to keep the resorts alive during the Great Depression 2.0.

Yes, lets all ask 'Bruce' how much change he's effected so far, given that this rhetorical question was written by "bruce's" anonymous we all know the answer that Bruce is the man that everyone at city-hall goes to, Bruce is the king-maker of Bend, yea right.

Bruce is a gadfly, that said he's no worse or better than aber-pussy, and thus BP could very much be mayor if he just got off his ass, and put his EWERT on the ballot.

Anonymous said...

Renters don't know shit about Bend RE, by definition.

People who haven't been here for 30+ year don't know shit about BEND RE cycles.

If you haven't been in Bend a long time, and you don't own fucking RE in this town, then your not even in the game.

Virgins who write about sex can do so, but they're still fucking idiots. All these newbies & renters are like reading a guide to Bend Whore-Houses, written by virgins.

The most funny thing is that they're dumb fucking newbies & renters actually think they understand Real-Estate.

If you ain't in the stock-market and playing the game, you can't really understand the game.

If you ain't in the RE racket, and don't have a nickel on the table, then your just a fucking spectator, and spectators don't know shit.

If you haven't been in this town for a long time, then you don't understand that this shit happens every 20 or so years, and the end result is always the same.


The worst part about this town today, is that everybody is a newbie who bought the BEND-IS-ASPEN myth, and is still running in that mode. Like Sisters, they don't understand that there just a trailer-park, like LA-PINES.

Bend is just a BIG-BAR where all the people in the region go drink, and most of the people who work Bend's bars, whore-houses, and saloons, can't afford to live here, and thus places like Tumalo, Sister's, and LA-Pines exist.

Anonymous said...

Just think, you could have had three times the property by buying back low. But that would have been smart.

*

Yeh, real fucking smart, a person could have sold paid for easily rentable homes near drake-park, and put all their cash in SIV's or CMO's and lost it, or better yet bought 1,000's of STD's east of SE-27th towards the Badlands, and watch 1,000's of house deteriorate because there is NOBODY who wants to rent that shit.

See that's the whole fucking problem with idiots, they think RE ( homes ) like stock, like its a commodity. It's not older homes were well built, today they're shit. In renting in BEND, its location, location, location.

During ALL BEND cycles the nice homes don't flip, and the renters don't move-out. It's always the siberian stuff that gets thrashed, and turned. An idiot thinks that all things are equal, that all stock is the same, that all homes are the same.

For instance the cost of flipping homes is HUGE, if a person wants to have MORE fucking houses, then they can dollar cost average on the lows.

Talk to people like Homer-Williams who is second to HOLLERN in RE in ORYGUN, and they'll tell you, "NEVER SELL REAL ESTATE", its like what we were talking about BUFFET a few weeks ago, he pays NO TAXES, cuz he never sells.

Anyways enough trying to edoocate MORON newbie renters in BEND, they came to this town to get rich, and they'll leave broke, what is new?

Anonymous said...

The RE racket is just like the game 'monopoly' which most of you probably never played because your too young? Do people still play that??

Anyways if you BUY all the RE: Homes, Hotels, ... you can in monopoly you'll aways win.

If you sell your shit to sit on cash, you'll always lose.

The winning strategy is always to monopolize a whole stretch or block, so that every time somebody comes through you collect rent. Pretty soon you have all their money.

If you flip, and trade, the transaction costs kill you, and you ain't collecting rent.

The RE racket is just like the monopoly game, you purchase as much property as soon as you can, and as quick as you can, and then just sit back and collect.

Homes can't be traded like stock, it takes years to know the good&bad of each home, and to know the status, if a person were to 'trade' homes then they would be purchasing unknowns, while most likely losing ones they knew well.

Like our SIBERIAN BEND shit, when you deal with SIBERIA your increasing the likelihood of METH-LAB's, which will kill you financially. Stick to as close as you can to the cop-shop, and minimize that problem. Then the problem with Siberian Homes is that they're built to last five years max, and then turn to seed.

HOMER says this site is about debating Bend's economy, not necessarily real-estate. I think that people who have never played monopoly can't really understand the game.

2-3 years ago when this blog started all our renters said they would BUY once things got cheap, well nice shit is now selling short-sale near Newport Market for $180k, that's 1/3 of the high back in 2005.

The time is now, but have any of our renters got off their ass?? Hell no, cuz their 401k is gone, they're living day-to-day, paycheck to paycheck.

Oh yea, BEND is no longer such a nice place, ... HERE's a little truth BOYZ, "BEND NEVER WAS A NICE PLACE".

BEND WAS ALWAYS WHAT IT IS, ... LIKE HOLLERN SAY's "Bend is a town of non-real people, with non-real children, and non-real jobs".

Yea, BEND is a fucking shit-hole. Always been corrupt cops here, and greedy developers, all desert places are this way.

Anonymous said...

CREDIT-SWAP-DEFAULTS: OR-BOMB-EO promises his town will get to monopolize the biz,

***

Chicago can't risk losing swaps trade

David Greising
October 21, 2008

For decades now, civic boosters have positioned Chicago as the "risk management capital of the world."

As catch phrases go, it's not exactly "hog butcher to the world." But with banks facing bailouts or burials and the stock market gyrating like a downed power line, "risk management" is now an easy-to-grasp topic.

For Chicago, risk can be the city's own reward. The new world of global financial risk can create opportunities for those who professionally manage them.

It's not all upside, though. Competitors may move in if the new challenges are not ably met here. Expertise and opportunity could be lost in Chicago.

The newest front in this battle is in a market sector as inscrutable as it is important: Credit default swaps.

"Credit default whats?" you might be asking. Don't worry. It's less important to know the intricacies of such arcana than the potential impact of the battle over them.

While it may dazzle dinner-party guests who hear you explain that these contracts allow companies, bankers, investors and others to buy and sell—"swap"—the risk of default on a corporate IOU, it's best to refrain from such showmanship. Instead, focus on the essential knowledge: that Chicago jobs and the city's standing in the financial world are on the line in the battle over how the swaps will trade.

Two big Chicago outfits, CME Group and hedge fund firm Citadel Investment Group, are banding together to offer to clear the trading of credit default swaps. They would match buyer and seller, guaranteeing that both would have the financial strength to stand behind their trades.

Contesting the CME-led effort is one by The Clearing Corp. in partnership with the IntercontinentalExchange. A European group is also in the fray.

The Clearing Corp. is headquartered in Chicago. But its bid essentially is run by swaps dealers themselves.

Swaps dealers don't want the Chicago futures giant to get a toehold into their lucrative business. Let the CME start with clearing, their thinking goes, and before long CME will begin offering trade execution. Then it will begin designing its own swaps contracts for sale.

When CME bought the Chicago Board of Trade last year, executives did gush about the potential for swaps and other over-the-counter derivatives.

Action did not follow that talk. Indeed, executives who run Chicago's futures exchanges have talked for more than a decade about the potential for the swaps business, but never backed that up with any meaningful action.

Now that everyone recognizes the potential—and the danger—of a credit default swaps market that is made up of contracts with an implied value of $50 trillion, competition will be stiff. Regulators at the Federal Reserve and the Commodity Futures Trading Commission will want a say in where this market goes.

Not enough detail has emerged to say whether the CME Group or its rivals will control this market.

"There's just no way of knowing who will be the Wal-Mart of this business: Who is going to be the most dependable, lowest-cost provider," said Henry Hu, a law professor at the University of Texas who is expert on swaps regulation.

The CME can boast about its ability to run a global marketplace and its record of successfully clearing trades through market breaks such as the 1987 stock-market crash. It can energize a well-oiled lobbying machine in Washington and use Citadel's fresher but still powerful political connections.

Talk is cheap, though. Action and the ability to build a new marketplace ultimately will decide whether Chicago can further advance its role as a risk-management powerhouse.

Anonymous said...

Ok Fuckhead,

Say someone bought around 2003, then sold in 2007, locking in gains and keeping it as cash in a money market, only making 2.5% but not losing anything. They then rent for 2-3 years, buying a nicer house in late 2009 to 2010 for a smaller payment allowing their wife to not work.

Wow. That guy sounds like a MORON.

See fuckhead, that's the problem with old curmudgeons... they can't see how someone who didn't do what they did can be smart and come out ahead in life.

Big fucking deal that I wasn't here 20 years ago. 20 years ago I was still in high school. I moved here in the late 90s to ride my bike a shit ton. I still do. While I was here some people started making money. I made some too. I still have it. I have no debt and save money every month.

My life became better the day I sold my house. And didn't pay taxes. And stopped losing $3k a month in value.

And that's why being a renter makes so much sense in this market.

Anonymous said...

The RE racket is just like the game 'monopoly' which most of you probably never played because your too young? Do people still play that??

Or maybe it's like poker. And everyone in Bend was dealt a royal flush in 2006.

You gotta know when to hold em, know when to fold em. Know when to walk away, know when to run.

And some people realized they weren't going to get dealt that hand again and should get up from the table, cash in the chips, and go to the bar to get laid.

Anonymous said...

>>2-3 years ago when this blog started all our renters said they would BUY once things got cheap, well nice shit is now selling short-sale near Newport Market for $180k, that's 1/3 of the high back in 2005.

The time is now, but have any of our renters got off their ass?? <<

The time isn't now. Sorry. That's a better price than it was, but not as good as it will be. And I've got more money than that so I'll get something nicer. Like the much nicer house by Newport market that will be short selling for $300k.

Quimby said...

Haven't come across the term "Cargo Cult" but Wikipedia'd it and have been laughing my ass off! What an appropriate analogy to our silly rural communities and their starry eyed dreamers/pols/populace. Good work Buster.

Cargo Cult

Anonymous said...

It's always the siberian stuff that gets thrashed, and turned. An idiot thinks that all things are equal, that all stock is the same, that all homes are the same.

Buster thinks he's the only one familiar with the concept of New Urbanism.

http://www.ted.com/index.php/talks/james_howard_kunstler_dissects_suburbia.html

It's a 20 minute video, but a good watch.

Bewert said...

Quim, ever seen The Gods Must Be Crazy? It's hilarious, about a Coke bottle falling out of the sky and being taken as a "very important object".

Here's a torrent: http://torrentportal.com/details/1153012/The+Gods+Must+Be+Crazy.torrent

Interesting article on the CME and the fight to become a clearinghouse for swaps. It's kind of a symbol for what the US has become--trading paper rather than producing goods.

As far as being a cargo cultist myself, I think that if the tax dollars are being doled out somewhere then it's better to get some here than ignore them. What's the use of spending $10 billion a month in Iraq?

To me the real question going forward is what industries are truly compatible with this area? Competitive cost wise, etc.

All things creative and digital, which cost nothing to ship. Perhaps green energy, especially taking advantage of things like the geothermal under Newberry and the huge radar facility with in-place transmission wires out at Christmas Valley. Beer seems to do pretty good. Etc.

What I don't get is this intense interest in getting bigger among some factions. What is the true value of that? Will it ruin some things we like about this place?

LavaBear said...

>>>The time is now, but have any of our renters got off their ass??

It just doesn't feel like the time is now. As I watch the NOD's, I realize the real wave of foreclosures really hasn't hit the market yet. Won't really hit big until spring next year. Seems then we'll have another serious wave down in price/anxiety/shit hitting fan. I might think about it then but a funny thing has happened. Our family has gotten used to where we're at. It's frickin cheap. We're saving cash. Other investments we've got going on (sans 401k) are doing well. We've almost gotten to the point of thinking why bother? There may be a day where I contemplate getting back into the rental game. We'll see if prices get to where it makes sense to me.

I'm also one that looks back and thinks selling our house was the best decision we ever made. The fucker had damn near doubled in price from where we bought it. If you consider the actual cash we spent on the purchase, maintenance, taxes, yadda yadda yadda and net that out to the actual cash that was deposited in our account at close of escrow it was closer to 4x. Tax free to boot. I just don't think we'll see that again in our lifetimes.

I also highly believe that you haven't made a dime in anything until you sell and cash is in your account.

Bewert said...

Been going back and forth with the Econ Dev department about JR and the Management Board. Latest email ends pretty richly:

On a related matter, Councilor Clinton informed me that JRP would not be receiving a six percent fee from any Suterra sale, yet the recent Bend Bulletin article concerning a Council vote on such a sale indicates that JRP will a six percent fee. What is the actual status of this fee on the Suterra sale?

If they will recieve said fee, what is the reasoning for such a payment?

Yes, JRP will be receiving a 6% fee. If you pull up the August 6th Council Meeting Packet and go to Item 8F, you will be able to review the staff report and amended agreement.


Will the Suterra Purchase and Sale Agreement be available for public review before the Wednesday Council meeting?

This document will not be available for public review before the Wednesday Council meeting.


JRP gets double what the Council spent hours talking about in funding the bus system, about $146,000, when the Suterra-initiated land sale goes through.

Fucking sickening. Especially right now when we aren't even hiring cops.

And the sale doc will not be reviewable before it's voted on?

Hmmm.....

Anonymous said...

To me the big question on housing is will there be more inventory next year than there was this year in Bend?

I think there will be. I know more people who want to sell than want to buy.

Anonymous said...

Talking about 'cargo cults', some tourists go south of the USA and find pain by simply being from Bend, Calif.

***

Oregon tourist stabbed in Ecuador is evacuated to U.S.

Britt Leis of Bend, Ore., in critical condition after attack on Ecuador beach; evacuated with fiancé to U.S.

By Associated Press

Related

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QUITO, Ecuador — An Oregon man who was stabbed repeatedly in an attack on a beach in Ecuador was evacuated to the United States in critical condition on Tuesday, officials said.

Britt Leis, 35, and his fiancee, Leah Koehn, 24, were attacked on Thursday by a group of men as they walked on the beach in the city of Esmeraldas on Ecuador's northern coast.

In a post on the couple's blog on Monday, Koehn said that the Bend, Ore., man remained in intensive care following three surgeries.

"I was informed by the head surgeon that there is no certainty he will survive," Koehn wrote on the blog at http://sudamericadventure.blogspot.com/. "That being said, he was conscious and talking last night, and I have continued to be amazed by his strength."

Leis' family members told Portland TV station KGW on Tuesday that the two had sold all their belongings for a yearlong trip to Ecuador during their engagement.

Leis' father, Ronald Leis, said the two were to be flown to Miami and would then be transferred to Loma Linda University Medical Center in California.

Ana Maria Cisneros, the doctor who attended to Leis in Quito, confirmed that he was evacuated to the U.S. early Tuesday.

Hospital officials did not give information on the health of Koehn.

U.S. Embassy information officer Martha Youth confirmed Tuesday that two Americans were attacked and said the embassy has worked with the hospital to ensure quality care.

"We were really shocked, it was a horrible incident," Youth told The Associated Press. "We express our deepest sympathies to the victims and their families."

According to the U.S. State Department Web site, at least 10 Americans have been kidnapped near the Ecuador-Columbia border since 1998.

Anonymous said...

The time isn't now. Sorry. That's a better price than it was, but not as good as it will be. And I've got more money than that so I'll get something nicer. Like the much nicer house by Newport market that will be short selling for $300k.

*

Since day-one I have said that when things hit bottom in BEND, there will be a reason, and that reason is NOBODY from anywhere will give you money to BUY in Bend, CALIF.

The deals have been out there since spring of 2007, and yes by late 2009, and early 2010 there will be deals, but NO FUCKING MONEY.

Anonymous said...

Talking about OR-BOMB-EO, todays WSJ cover has a picture of the OREO giving VOLCKER a blow-job.

I predicted long ago that VOLCKER would be the CFO of OREO-USA.

This means +20% interest rates for loans, ... again get those 5% fixed while you can, cuz next year, its going to be 18% just like the last 1970's.

Anonymous said...

>>During ALL BEND cycles the nice homes don't flip, and the renters don't move-out.

But during the boom cycle many nice houses DID sell, and a good number of those will be lost to foreclosure.

2009 - the summer of foreclosures as 70% of sales.

I'm not looking for a flipper to sell it to me, I'll be fine with the bank.

Anonymous said...

>>The deals have been out there since spring of 2007, and yes by late 2009, and early 2010 there will be deals, but NO FUCKING MONEY.

And we've been saying if there is NO FUCKING MONEY than we can buy for cash, because the banks won't want the properties, and they will have plenty.

Bewert said...

Also from today's WSJ:

Bernanke Endorses Obama

Anonymous said...

JRP gets double what the Council spent hours talking about in funding the bus system, about $146,000, when the Suterra-initiated land sale goes through.

Fucking sickening. Especially right now when we aren't even hiring cops.

*

The PUSSY expects city-hall to NOT give JRP the money and face a lawsuit? A lawsuit that would bankrupt Bend, and force all of BEND's skeletons to go public?

The PUSSY knows the city just budgeted itself $400k for legal representation, they know the lawsuits are coming.

JRP will sue only a matter of time, right now they're getting good cash up front, once BEND goes BK, then JRP will sue to get the flesh off the bone. By then all our current poly-tick-ians will be long gone, and a new batch will be saying "Who would have known??"

In summary BP, JRP is getting HUSH deferral money. Once there is no more 'cargo' for KURATEK, he'll sue for at least $20M, and probably more.


The DUMB-FUCKS ( TO QUOTE BP ), signed a lot of stupid fucking doc's in executive session.

Extortion never ends, and the public officials that signed this secret shit know their asses will fry when this stuff goes to court. The BULL always covered the whole deal up by not reporting.

Again this is the problem when you let one man run a company-town, and you fill city-hall with 'cavers' to quote marge, eventually a new guy a little tougher than hollern with his side-kick garzini, reamed this fucking town, because it had already been reamed for decades.

Anonymous said...

Also from today's WSJ:

Bernanke Endorses Obama

*

Who would have guessed? Another four years of Bernanke.

Anonymous said...

But during the boom cycle many nice houses DID sell, and a good number of those will be lost to foreclosure.


*

Most of the 'boom-cycle' were STD's.

They were always flippers in the first place, and nada anybody ever intended to live in them, not even the Mexicans.

Anonymous said...

Last year a bend-cop was caught speeding 120MPH west of Sisters, and didn't stop for OR state patrol.

This weekend a bend-cop driving the wrong on a one-way in PULLMAN-WA refused to stop, DUI.

The BEND cops have been un-bridled force for years in this company town, and when they're out of dodge think they can get away with murder. Just cuz they can get away with murder in Bend, Calif.

This is what happens when a town is allowed to rot, and only exist to sell Brooks Resource's STD's to tourists.

This is why KURATEK was able to bitch-slap city-hall in executive session, cuz like Marge sez, HOLLERN long ago loaded city-hall with 'cavers'.

Now with HOLLERN aka BROOKS-RESOURCE 'dying' to quote his own Finance mother, the city is without a rudder, and KURATEK is cleaning out the treasury.

Anonymous said...

>>This means +20% interest rates for loans, ... again get those 5% fixed while you can, cuz next year, its going to be 18% just like the last 1970's.

Big deal. Higher interest rates just drive prices down more.

What you fail to understand is supply and demand. Supply is going to be huge due to foreclosures. The harder and more expensive it is to get a loan, the cheaper the properties will be.

If banks own 2000 properties in Bend, they will have to find buyers for 2000 properties.

If the general population can afford X payment, that's all they can afford. A $1500 payment at 6% gets a $250k loan. At 18% it gets a $100k loan. With 60k down that takes the house price down from $310k to $160k.

>Most of the 'boom-cycle' were STD's.

But there was such a huge turnover of property even though MOST were crap there were still hundreds of nice properties sold, including many in the lower West Hills area and plenty between Albany and Ogden.

Anonymous said...

A woman from Little-Rock, immitating a 'PUG' for the O-STONE movie "W", has had her entire beautiful face 'caved-in', a good note to all who fuck with the PUG's, and make fun of them.

***

Arkansas Anchorwoman Bludgeoned
New York Times - 6 hours ago
By STEVE BARNES LITTLE ROCK, Ark., - Aside from its sheer savagery, the crime was all the more startling for its victim and the venue: Joan Pressley, a popular television anchorwoman, bludgeoned almost beyond recognition in her home in the tony Pulaski ...

Anonymous said...

still hundreds of nice properties sold, including many in the lower West Hills area and plenty between Albany and Ogden.

*

Please let this go, yes there were 100's of inner, but there are 1,000's of outer, and ten's of thousands of Siberians in all three county's rotting in the sun.

Bewert said...

The next shoe is dropping:

Credit Cards Follow Mortgages Into Delinquency

he Federal Reserve Bank of New York today released data showing that roughly 73% of U.S. counties had year-over-year increases in their mortgage delinquency rates in the first quarter (the latest period with full data available). A slightly smaller share of counties — about 71% — had higher delinquency rates for credit cards issued by banks than a year earlier....

Cool interactive map of credit card and mortgage delinquency here:

http://data.newyorkfed.org/creditconditionsmap/

Looking at this, we aren't doing bad here in Deschutes County, as incredible as that seems. We are only at a 1.48% 90+ days mortgage delinquency rate. Shannon County, South Dakota is at a stunning 16.67%. Many others are up near 5%.

We're up to 1432 NOD's this year. My 1500 guess is looking pretty weak. Marge's 1800 may well be surpassed. And next year, as a bunch more ARM's reset?

On the credit card side, those were also "securitized" into derivatives. That shit is going to hit the fan real soon.And it's even larger than the sub-prime mess. Nearly a trillion dollars worth.

tim said...

>>We are only at a 1.48% 90+ days mortgage delinquency rate.

Now ask yourself how many loans to buy Bend houses were taken out in Portland and California.

Bewert said...

Good point, Timmy. I wonder how that interactive map is filled with data.

Anonymous said...

Yeah, I have no idea.

I was watching the sdcia board while the California maniacs were buying up houses all over the country. I'm thinking a lot of the loans were done at home.

Bewert said...

OK, not Bend, but this shit just gets richer and richer:

AP INVESTIGATION: Alaska funded Palin kids' travel

...Palin has charged the state $21,012 for her three daughters' 64 one-way and 12 round-trip commercial flights since she took office...tickets from Anchorage to La Guardia Airport for $1,385.11 were billed to the state, records show, and mother and daughter shared a room for four nights at the $707.29-per-night Essex House hotel, which overlooks Central Park....charged the state $2,741.26 to take Bristol and Piper to Philadelphia for a meeting of the National Governors Association. The girls had their own room for five nights at the Ritz-Carlton Hotel for $215.46 a night...The state is already reviewing nearly $17,000 in per diem payments to Palin for more than 300 nights she slept at her own home, 40 miles from her satellite office in Anchorage."

Yepper, she's a real reformer...

(My one and only political post of the day. I can't help myself. Buster, commence the pounding.)

Anonymous said...

Buster, commence the pounding.
How bout a pounding from me BP? Aren't you watching Bill O'Reilly? Iam :)


On the credit card side, those were also "securitized" into derivatives. That shit is going to hit the fan real soon.And it's even larger than the sub-prime mess. Nearly a trillion dollars worth.

Derivatives and credit cards won't be the last hatchet to fall. But they will be really bad. Xmas may be embarrassing when your CC is denied cuz the bank lowered you limit. We don't even know how bad the derivatives are going to our puny asses.
Next? Unless the bailout does a stirring of the witch pot at Holloween to stop ARM's from resetting for the next 3 years we, in Bend will see 2000 foreclosures for the next 3 years and not be able to dig out of this until 2012. Thoughts? Boyz?

Anonymous said...

>in Bend will see 2000 foreclosures for the next 3 years and not be able to dig out of this until 2012. Thoughts? Boyz?

But there won't be any houses people actually want to live in those 2000. Only STDs. Really. I swear. If you don't buy now you won't be able to.

Anonymous said...
This comment has been removed by the author.
Anonymous said...

Can someone help me out here?
I would like a copy of the glee to fear, panic, capitulation graph. I have seen it a million times and can't google it and find it. Thanks in advance.

Anonymous said...

Do you any of folks know what the procedure is for having your house value reassessed for property tax purposes? According to my statement from Deschutes County, my house's total RMV is $384,000. This is a complete load of horseshit. I'd be lucky to sell for 300K if there were any buyers so there is no way the value is that high. I paid only 265K when I bought it 4 years ago. I seriously think this assessment is close to robbery.

Anonymous said...

Here's one:
http://www.irvinehousingblog.com/wp-content/uploads/2008/03/psychological-stages-of-a-bubble.jpg

Here's another:
http://www.irvinehousingblog.com/wp-content/uploads/2007/06/bubble-psychology.jpg

What a hoot.

Anonymous said...

Just out of curiosity I did a county clerk's site search for mortgages taken out since Jan 2003 in the Boulevard subdvision (close in old westside bend).

289 tax lots
442 mortgages taken out in that time.

Many will have a first/second, and some will be refi's, but damn..... that's a lot of mortgages.

Bewert said...

Re: tax assessment

http://www.deschutes.org/go/government/departments/county-clerk/property-tax-appeals

"In Deschutes County petitions to the Board of Property Tax Appeals must be filed with the County Clerk by 5:00 p.m., December 31, 2008. Petitions postmarked December 31, 2008 will be accepted. Mail or deliver your petition to: Deschutes County Clerk, 1300 NW Wall, Suite 202, Bend, Oregon 97701."

Anonymous said...

According to my statement from Deschutes County, my house's total RMV is $384,000.
Jackass, The only important part is the assessed value..which is what your taxes are based on. Your taxes per Measure 5 can only go up about 3% per year based on the area values going up. Believe me the ASSesor never catches up..upside or downside they never have gotten it right in 30+ years that I have been here. Maybe you should visit Bend Eco Board so that their experts can really give the scoop.

Thanks anony for the links!!

Anonymous said...


Bruce Ewert is Mike Hollern's highest paid HO in Bend


Who would have guessed??

Anonymous said...

http://static.seekingalpha.com/uploads/2008/9/10/saupload_vinny_s_last_cycle.png
Found another that is funny also.

Anonymous said...

"Also from today's WSJ:

Bernanke Endorses Obama"

But of course he didn't. He said he could be supportive of another stimulus package. The silly editors at the WSJ decided that statement could be helpful to Obama so they came up with the deceptive headline.

Anonymous said...

Hello, I'm new to Bend.

I'm a retired police officer from Provo, Utah. I'm a mormon, and will be attending LDS near NWXC.

I find the character 'Bruce' here fascinating. Is he a She-Male??

In Utah when a male is referred to as 'she', it usually means a cross dresser?

My police friends here in Bend have shown me pictures of Bruce, and with front missing teeth, and a bald head, I think he, I mean she is one ugly gal.

I'm sort of a Jack Mormon, and was hoping for a wilder lifestyle than I found in Utah.

Is there any meeting place in Bend for Mormon cross dressers??

Please don't worry about discretion, that's why I left Utah.

Mike,

Bewert said...

Wow, the WSJ helpful to a Dem?

How times have changed.

But rest assured, Costa has made sure the BULLshit is still lined up behind Repugs. Two full columns about how great McCain is without ever mentioning the word "Palin".

Fucking amazing how bad our local paper is.

But, hey, they endorsed Jim Clinton. Just for balance.

Anonymous said...

http://static.seekingalpha.com/uploads/2008/9/10/saupload_vinny_s_last_cycle.png


*

Excellent Marge, now put a date timeline on this graph, and show it's recurring cycles from the 1940's all forward to 2040. WRT Bend.

Bewert said...

Re: Mike,

Machine Gun Mike Morey? Marshall of Alta?

How did you ever find this blog?

Remember that night me and Piney and Rogers were shooting in the mine? Or when Max, on his last night as a marshal, was shooting the signs up in the canyon?

Man, those were the days.

Of course, I never knew about the cross dressing thing. I would have suspected Yorgi.

I thought you gave that Mormon thing up years ago. After the first wife...

Anonymous said...


Child Obama Consorted With Child Molester

When Barack Obama was 10, his grandfather would take him over to ole Bruce Ebert's house, where the two older men would drink whisky out of jars and play Scrabble. Sometimes Obama would help the men compose dirty limericks, or listen as Ebert read poetry. This went on until the Democratic presidential nominee was 17, and during that time Davis acted as a mentor, according to Obama's memoir. It later emerged that Ebert pseudonymously wrote a "hard-core pornographic autobiography" detailing his sex with a thirteen-year-old girl. This was all known in August, after a widely-blogged report in Oregon's Bulletin, but the Bend Bulletin is now reporting it as an "Exclusive OBAMA SEX PERV SCANDAL," because Obama should be ashamed of almost being molested, or something:

Obama described being counseled by Bruce often and recalled drinking whiskey with him.

Since Bruce Ebert has been identified as the author of Sex Rebel: Black, Obama has been extremely secretive about the true nature of his experience with the self-admitted deviant.

Unfortunately for Obama, the Enquirer probably sells well among the working-class whites in Utah and the Rust Belt, and it looks like he's in the same issue as Elvis Presley's twin granddaughters. But child Obama should have known this would happen, using the same clairvoyant powers that would have allowed him to know Ebert was a perv years before anyone else knew he was a perv.

For shame! For Bend! For AmeriKKKa!!!

Bewert said...

Dude, you've got some issues.

Bewert said...

Marge, any idea of the total housing units count in Bend? In the county?

Anonymous said...

You are stretching me here. I did the housing thing 5-6 months ago. It will take time
Excellent Marge, now put a date timeline on this graph, and show it's recurring cycles from the 1940's all forward to 2040. WRT Bend. Lot's more time for this one.

Anonymous said...

BP...sounds like you have some prevert on your tail.

Anonymous said...

Great argument in the WSJ why housing prices will continue to fall, and NOT recover until 2020.

WSJ: 10/21/08 page a13

"Boomer Bust: how will the economy rebound without post-war baby's financing cargo"

"Winter is coming, and the US is heading to a slump that will last until 2020"

Who would have guessed!

Anonymous said...

With Volcker to be OR-BOMB-EO's primary economic mentor an interesting question comes up.

Will OR-BOMB-EO be to the 'right' of Raygun???

Me thinks so.

IHateToBurstYourBubble said...

bruce said...
Dude, you've got some issues.


Yeah, election years bring out the kooks. I can't wait till Obama is in office so we can get past the weirdness...

IHateToBurstYourBubble said...

Although I have to say, the DRW Obama supporter who had their sign marked up with "NO NIGGERS", could just as easily been Lib as rePug... Dirty tricks politics is here to stay...

Anonymous said...

Obama supporter who had their sign marked up with "NO NIGGERS", could just as easily been Lib as rePug... Dirty tricks politics is here to stay...

*

Say it ain't so, this is Bend, Calif.

Why is this news?

Bewert said...

Re: I can't wait till Obama is in office so we can get past the weirdness...


The Coming Thugocracy

It may be foolish to put much stock in pre-election polls, but until the balloting has ended, they're all anyone has to go on. If they're correct, Barack Obama will win a squeaker over John McCain, and the United States will have its first socialist president.

Surely your Curmudgeon needn't emphasize how important it is that this be prevented. Esteemed Co-Conspirator Aaron Brenzel has hit all the high points already. The Obama campaigns unconcealed directives to its loyalists to shut down contrary voices, such as those of Stanley Kurtz and David Freddoso, bode ill for the future of free expression under an Obama / Democrat administration. The recent episode with Joe Wurzelbacher, whose brief exchange with Obama has proved so damaging to Obama's candidacy that the Left is doing its damnedest to destroy the defenseless plumber, merely adds to the obvious urgency of preventing an Obama presidency. Yet Americans, nominally a freedom-loving people, appear inclined to put Obama and his henchmen into the Oval Office.

Your Curmudgeon would like to believe better of the American people. He'd like to believe that we're too smart, and too well informed, to elect this man. Unfortunately, our "public" education system, the centers of indoctrination we call universities, and the nakedly partisan mass media are telling strokes against any such supposition.

Thanks to the government-run schools and the universities, we're no longer smart. Thanks to the mass media, we're no longer well informed. Thus, America is odds-on to admit a lying Chicago thug, his hate-filled wife, and their gaggle of terrorist and mob-connected cronies to the highest seat of power in the world come January 20.

This is what comes of allowing a government -- any government -- to control education and the dissemination of news.

Don't kid yourself. Our "public" schools are no longer about education as anyone understands it. They're expressly dedicated to indoctrination, to the inculcation in defenseless young minds of a Marxist and anti-human world view. The universities, thanks to government involvement in higher education, are as bad if not worse. As for the media, hardly one "journalist" in a hundred can even spell "investigative reporting," much less set out upon it; they much prefer government press handouts and reporting on the campaigns of self-serving aspirants to power. That's a lot easier. It relieves them of the need to think, or leave their desks.

Three things doth a people need to remain free: reliable, secure communications; an education grounded in history and basic moral philosophy; and a copious supply of weapons suited to individuals' hands. All of these have been under attack for decades. None of them have managed to hold their ground.

Regardless of the outcome on November 4, these are the strategically crucial points in our society. They must be recaptured. The efforts to retake them must begin at once.

Don't think that a McCain victory would make such efforts unnecessary. If anything, that would increase their urgency -- not because McCain is as bad as Obama, but because a fresh Republican administration would provide increased cover for the underminers of the Republic to continue on.

In the event of an Obama victory, especially should the Senate fall wholly into the hands of the Democrats, a final assault upon freedom of expression and the right to keep and bear arms will begin at once. In that case, we'd have less than three months to prepare ourselves. It would be wise to start now.

Thugs cannot be reasoned with. Thugs can only be bought off temporarily. Thugs are thugs because what they prize is power -- the more, the better -- and the sole token by which they recognize it is your unconditional submission.

A colleague has forecast an Obama administration as "four years of hell." No doubt it would be; it's certainly an excellent reason to get braced. But even if he loses, the destroyers of American civilization, the only Christian-Enlightenment-based society remaining on Earth, will still be at work. It's they who most ardently want the thugs to win -- and they're gaining ground as we speak.

Verbum sat sapienti.


As HST said, "When the going gets weird, the weird turn pro"

Or, as a letter to the BULL states, "Education hurts...I'm voting for Mike Daly...he isn't burdened with a college education."

We have fallen a long way.

PS Front and Center on the BULL web site this morning:

Commenting function is temporarily unavailable

That's funny.

Bend Economy Man said...

if this economic snowball continues, it could turn into an avalanche and take most of the world with it

A question: is this pessimism or wishful thinking? Would we as a country feel better if (1) the downturn ends up affecting the US and Europe and the BRICs are left relatively unscathed or (2) if the US leads the world into a recession?

Anonymous said...

bruce said...

Wow, the WSJ helpful to a Dem?

+++

More like it was mad at Bernanke for apparently helping a Dem:

WSJ

Bernanke Endorses Obama
There was a time when Fed chairmen feared to even seem political.

Ben Bernanke apparently wants four more years as Federal Reserve Chairman. At least that's a reasonable conclusion after Mr. Bernanke all but submitted his job application to Barack Obama yesterday by endorsing the Democratic version of fiscal "stimulus."

While the Fed chief said any stimulus should be "well targeted," even a general endorsement amounts to a political green light. Mr. Bernanke certainly knows that Mr. Obama and Democrats on Capitol Hill are talking about some $300 billion in new "stimulus" spending, while President Bush and Republicans are resisting. And by saying any help should "limit longer-term effects" on the federal deficit, he had to know he was reinforcing Democratic opposition to permanent tax cuts.

Mr. Bernanke could have begged off -- and would have been wiser to do so -- given how much the Fed has already made itself a political lightning rod with its many Wall Street interventions. He might also have thought twice about endorsing one party's policy preferences a mere two weeks before Election Day given his obligation to preserve the Fed's independence. We can remember when tougher Fed chairmen used to refrain from adjusting interest rates close to an election for fear of seeming to be political; they would never have dreamed of meddling in campaign tax and spending debates.

Perhaps Mr. Bernanke's blunderbuss political intrusion will win him more Democrat friends, and maybe even Mr. Obama's goodwill. To the rest of the world, he has harmed the Fed and made himself less credible.

Bend Economy Man said...

I meant "(1) the downturn ends up affecting primarily the US, and Europe and the BRICs are left relatively unscathed"

Bewert said...

BEM, Sarkozy et al are pressing for worldwide regulation of derivashits.

Roubini is offering free access to his whole web site, good reading with daily emails if you want them, here:

http://www.rgemonitor.com/

Today's email--"RGE Monitor - Emerging Markets: Who Is At Risk?"--goes right to the heart of your question. I'll forward it to you if you want. Just email me.

Anonymous said...

BEM,

The PUG's have been planning on try to run this country into the ground as long as I can remember in politics.

The theory is out of the ashes will be a new NO-DEAL new-deal.

Gone with Social, gone with medicare, gone with all socialism, back to a pre 1900's type of USA.

Regarding 'derivates' read the 'chicago' post above, OR-EO has already promised 'chicago' to have the first-right-of-refusal for all 'derivative' contract writing forever, ... At $500 Trillion, just think of the commission on just 1% of these 'policys'.

Ignore the rhetoric about 'derivatives' being controlled or going away, today the real fight is gets to keep and control this MOST profitable enterprise in the world.

Anonymous said...

BP,

The issue isn't about 'bernanke', the issue is that YOUR OR-BOMB-EO is sucking the COCK of VOLCKER on the front page of the WSJ.

VOLCKER is to be the CFO of the OR-EO team, this means a GUY to the RIGHT of RAYGUN will be RUNNING the OREO team.

This means +20% rates for all, soon it will be time to park all your 'cash' in the money market, just like late 1970's and early 1980's.

Anonymous said...

I meant "(1) the downturn ends up affecting primarily the US, and Europe and the BRICs are left relatively unscathed".

*

Brazil is dependent upon China for purchasing IRON, and other resources, so the 'B' can be dropped.

Russia is only doing well with expensive oil, which can be dropped.

That leave India & China, India will always be fucked because of the CASTE system, don't see it changing, and they're simply incapable of democracy.

China where there are one BILLION entrepreneurs will to work 24/7 just to have a gold-watch, ... will kick ass and get all the worlds money. The USA will keep exporting jobs to China as that is where the future market is.

There is more to the USA/EUROPE's baby-boomer end, and the lack of a market for a product, but all saw this coming, I remember back in the 1990's long-term estate planners who look at trust-funds out four or more generations were assuming that post 2006 there would be a generational recession in the US, until the next baby-boom, aka post next war, that right now looks like 2020.

So many will have so many reasons for the USA slowing down, call it depression, call it housing, call it bubbles, call it loss of retirement investing, ...

The boomers got fucked on wall-street, they got fucked on housing,

Much will trickle to BRAZIL as CHINA will buy all their export materials.

The US will be in a malaise for the next 10+ years, all the experts will blame many parts of the 'elephant' be it housing, stock-market, peak-oil, ...

The US would really like to capture the next 'bubble', e.g. energy, but truth be told EUROPE has invested much more along and actually knows the game.

The US is fucked, US taxpayer trillions $$$ will be given to the banks, just to keep the US in the game of world-finance.

VOLCKER under OR-BOMB-EO will bring back 20% t-bills, and all the world will buy US paper just like the end of the 1970's,

Eventually something has to give, this isn't the 1970's the US doesn't have any thing to offer the world other than COAL.

All the 'BEND STYLE' marketing of 'clean coal' still isn't going to bring many buyers of the shit.

UK is more affected by the housing debacle like US, than the rest of EUROPE, most EU housing was already too expensive in the first place. Since post war-world II most europeans have to wait for their parents to die to get the house, there was no easy money in Italy or Spain or France, there was no 'bubble' where morons could flip homes, other than the UK.

THUS Europe is sitting well. Sure the banks played the same games with the US, and the US banks don't payout on the LOSES of the derivatives that may be something interesting.

Most long-term economists knew all along that the US had exported jobs for a reason, and that post baby boom meant no purchasing power, and that todays USA children have ZILCH in terms of buying power. This titanic shift in US consumer spending has been seen for a long time.

Good luck with OR-BOMB-EO bringing lots 'cargo' to BEND, for all our pussy's, cuz it ain't coming.

Bewert said...

Buster, you going to the Joint Meeting at 4? Funny that they don't have a public hearing listed on the agenda for a public land sale.

Anonymous said...

Good day on the stock market, now we're back where we were two weeks ago, and Wall Street wants another bail-out, the shark has tasted blood.

We killed this dead-horse two weeks ago, but until the DOW gets to 4,000 will not even be close to historical P/E in even good times.

For too long Wall-St made the stock market into the only place to park money, today its the one place that you don't want your money.

Deju-Vu, fucking morons who put their money in the 'market', aka handed your cash to wall-st.

Bewert said...

So Pete our CIty Lawyer told me that we don't have a public hearing on a public land sale.

Although I agree with the end product, the process and the financing sucks.

I'll have a copy of the actual sales and purchase agreement tomorrow.

Bewert said...

"Secrecy Surrounds Suterra Land Sale"

New post at http://juniper-ridge-info.blogspot.com/

Anonymous said...

Having now collected more than $605 million altogether, the freshman senator shows no concern over the appearance of buying the presidency. Imagine for a moment the national political conversation that could be going on now if rich Republicans had raked in that much loot for one campaign.

Obama's team is so well-funded and well-organized it has spread its political web into one-time red states, forcing McCain to defend them with his measly $84.1 million in federal funds.

IHateToBurstYourBubble said...

Constructive recruitment

Construction association sets out to debunk negative perceptions, attract younger workers...


We're going into a decade plus long construction DEPRESSION, and this is the Bulletin's lead business story.

GO INTO CONSTRUCTION!!!

Itg's like our local rag WANTS to destroy the lives of its readers.

Anonymous said...

"Secrecy Surrounds Suterra Land Sale"

*

'Secrecy Surrounds the Pussy Complaint, on Secrecy'

All over Bend, well at least in Bend-Blog-Ville they ask "Is the complaint ready? Will the Pussy send it to the Oregon Governor?"

IHateToBurstYourBubble said...

Foreclosures against the law

Foreclosures up 21 percent from year ago
Thu Oct 23, 2008 8:42am EDT

By Ilaina Jonas

NEW YORK (Reuters) - Foreclosure activity in September rose 21 percent from a year earlier but fell by double-digits from the prior month as some state laws slowed the foreclosure process, according to a monthly report by research firm RealtyTrac.

Foreclosure filings -- default notices, auction sale notices and bank repossessions -- fell by 12 percent from August to 265,968 in September, according to RealtyTrac, which records property in various stages of foreclosure.

That means one in every 475 U.S. households received a foreclosure filing in September, the firm said in its report released on Thursday.

"Much of the 12 percent decrease in September can be attributed to changes in state laws that have at least temporarily slowed down the pace at which lenders are moving forward with foreclosures," James Saccacio, RealtyTrac chief executive, said in a statement.

Most significantly, a California law that requires lenders to make contact with borrowers at least 30 days before filing a Notice of Default (NOD) took effect in early September. The state saw a drop 51 percent from the previous month, according to RealtyTrac. That helped drive the national rate down, given that California accounts for close to a third of monthly U.S. foreclosures.

A new law in North Carolina resulted in a 66 percent drop in notices of defaults in September in that state.

However the reprieve may be short-lived. After a Massachusetts law requiring lenders to give homeowners 90-days to become current before initiating foreclosure proceedings took effect in May, the foreclosure rate dropped. But three months later initial foreclosure filings jumped and were back near levels seen a year earlier, RealtyTrac said.

The markets that once lead the housing boom topped the foreclosure list in September.

Nevada posted the highest foreclosure rate in September, with an 11 percent increase from the previous month, according to RealtyTrac. Foreclosure filings rose 137 percent from a year earlier to 13,022 in September translating into one in every 82 housing units -- more than 5 times the national average.

Florida was second with one in every 178 housing units receiving a foreclosure filing in September. Foreclosure filings rose 44 percent from a year earlier to 47,956, according to RealtyTrac

California was third after seeing a 32 decrease from August but a 36 rise from a year earlier to 69,548. One in every 189 homes received a foreclosure filing in September.

Arizona, Georgia, Michigan, Ohio, New Jersey, Indiana and Colorado were among the top ten states with the highest foreclosure rate in September.

For the third quarter, U.S. foreclosure filings rose 3 percent from the prior quarter to 765,558 and were 71 percent higher than the third quarter 2007, RealtyTrac said.

Six states accounted for more than 60 percent of U.S. foreclosure activity in the third quarter. California accounted for more than 27 percent of the nation's foreclosure activity, with 210,845 properties receiving a foreclosure filing during the quarter. That's up 4 percent from the second quarter and more than 122 percent from the third quarter of 2007, according to RealtyTrac.

Florida came in second with 127,306 properties in some type of foreclosure activity in the third quarter, the second highest state total. Arizona was third with 40,419 properties receiving a foreclosure filing.

Ohio, Michigan and Nevada all reported foreclosure filings on more than 30,000 properties during the third quarter. While Ohio and Michigan saw foreclosure activity decline from the second quarter, Nevada saw it rise 22 percent, RealtyTrac said.

Anonymous said...

Construction association sets out to debunk negative perceptions, attract younger workers...

*

Younger people work for less, I'm sure that the older folks want top dollar, or close what they're used to.

Right now it reminds me of DOT-COM 2002, where you had 18 yr olds making $50k/yr or more in 1998 doing websites, with no education, then by 2002 it was gone, you had unemployed 22 year-olds hanging out at coffee-shops.

Today you have people over 25 who have seen their salary go from $60/hr to $5/hr, solution? Bring in a whole bunch of youngsters who only know $5/hr, and when they get $10/hr they'll think they're rich.

This is what the BULL is working to produce.

The oldsters? Like a middle-age high school football player, life is over, and his best days are over.

Lastly, parents must be telling their kids to not go into construction, with making $60/hr OVER for a decade or more, what is the point? Note in BEND we pushed out the Mexicans, and now the white construction people are glad to have their menial low paying jobs.


It all reminds me of our own high-tech SHIT, I always tell kids to go into law, cpa, or medicine, make some real money, and have a career until your 70. Why the fuck go into 'TECH', and be side-lined by 40?

Negative perception of construction? It must be hell now to find people to work for shit, my guess is people that are now working at 1/10X per hour, are now putting in 1/10X of EFFORT. Thus CALL for stupid young kids to fucking work their ass off for peanuts.

Anonymous said...

Itg's like our local rag WANTS to destroy the lives of its readers.

*

HOLLERN OWN's the BULL.

HOLLERN needs cheap, young, labor to finish homes at NWXC, and other inner BEND areas, he's desperate for CASH-FLOW.

Look at it this way HOMER. HOLLERN HAS ..

1.) NO SDC cost now, permanent deferral on building-permits.
2.) NO property tax, thanks to urban renewal. Brooks to be property tax-exempt.

Its only obvious that what he needs now is slavery. "ALL PARENTS MUST SEND THEIR FIRST BORN CHILD TO WORK FOR HOLLERN, TO BUILD CRAP SHACKS IN BEND,PAY WILL BE LOW", "BUT YOU'LL BE SAVING BROOKS RESOURCES FROM BANKRUPTCY".

IHateToBurstYourBubble said...

HOLLERN needs cheap, young, labor to finish homes at NWXC...

yeah, should have seen that...

Anonymous said...

GOOD NEWS job loss rises from 15k to 478k

***

RTT News
Weekly jobless claims rise 15000 to 478000
MarketWatch - 31 minutes ago
By Rex Nutting, MarketWatch WASHINGTON (MarketWatch) -- Jobless claims moved higher last week, pointing the way to an increase in the nation's unemployment rate, economists said Thursday.

Anonymous said...

City of Bend, to pay people to 'golf' in order to support city golf resorts. ( We're almost there! )

***

Rates fall in October at Central Oregon golf courses

Story Updated: Oct 22, 2008 at 8:45 PM PDT
By ZACK HALL The (Bend) Bulletin

BEND, Ore. (AP) - Precious little time is left in the golf season in Central Oregon, especially for those who would rather not play in a parka.

But those willing to endure chilly mornings and generally unpredictable weather will find fall golf a bit more affordable than in the warmer months.

Golf courses all around Central Oregon are dropping their greens fees, one by as much as $55 per 18-hole round.

The cheaper rates can make October a great month for golf, if the weather cooperates.

"It is a great value," says Ron Buerger, director of golf at Redmond's Eagle Crest Resort. "But it is contingent on weather. We can have some of the best weather of the year in October. But in recent memory, three years ago right around Halloween, we had subzero temperatures."

But Central Oregon often offers mild October weather.

Last year, for instance, high temperatures reached 70 degrees as late as Oct. 29.

On area golf courses, the fee discounts can be dramatic.

The Ridge Course at Redmond's Eagle Crest Resort drops to $50 for an 18-hole round in October, and the fee will lower to $35 during the winter. Sisters' Aspen Lakes Golf Course has already dropped its 18-hole rate to $45, down from $75 during the summer.

"October can be one of the best months," says Derek Johnson, head pro at Aspen Lakes. "It just depends. Usually in October, you are going to get 14 great days of golf, and the other ones, who knows?"

Golf courses generally offer discounted fall or winter rates for two reasons: Demand typically slips with the temperature, and courses cannot keep up the same maintenance programs as in the summer.

"We do it, more or less, to justify some of the changes that happen in golf course maintenance when you get to these times of the year," Buerger says. "You have a lot more frost, so there is less prep that you can do."

For most golf courses, that means allowing the greens to grow a little bit higher than normal to protect the putting surface from the colder temperatures.

Those who choose to take advantage of the discounted rates often find a golf course with wide-open play.

Sunriver Resort gets dramatically less play during fall than in summer. So much so that the resort closes its heavily wooded and shady Woodlands course, which is more susceptible to cold conditions than its more open Meadows course.

"That's kind of the reason we close one golf course: We just don't need two of them open," says Tony Blasius, head pro at Sunriver's Meadows and Woodlands courses. "With multiple courses at our facility, there is just not that much demand."

Because of the lighter play, golfers can play at their own pace.

Troy Eckburg, head golf pro at River's Edge Golf Course in Bend, says that fall can be a good time for beginners to learn the game.

Lighter play can ease the pressure on a beginner, who would typically be under the gun during the summer to keep pace with the group ahead.

"Fall time, or even early spring, is a great time (for beginners)," Eckburg says. "You get great weather, and there is less pressure from the folks that are playing. They are spaced out evenly enough through the day."

And most courses, having been kept in peak condition throughout the summer, are still in pretty good shape.

"Historically, (fall is) not as windy," Buerger says. "If we get out of these low-pressure systems and get some high pressure in here like we had through September, it can be fabulous. The courses are in great shape. And it's a great value."

Of course, golfers' ideas of what constitutes good golf weather also changes, Buerger says.

"One of the funniest things is to watch how people will acclimate to the conditions," Buerger says. "We get that first little bit of cold and everybody goes, 'Ooh, it's cold. I'm not going to play.' So we are real slow at the moment.

"But what happens is, when people get used to this, then the warm weather that we'll get behind (the cold weather) will seem really warm to them. Then they will be right back out playing because it is so nice, they have to get out and play. Then you will look out there, and it's 50 degrees, and half the people are out there in shorts."

Anonymous said...

>Foreclosure activity in September rose 21 percent from a year earlier but fell by double-digits from the prior month as some state laws slowed the foreclosure process, according to a monthly report by research firm RealtyTrac.

Wow. they really are SLOWING the process.

It's like when I'm driving to Portland and pull over to take a piss. I lose 4 minutes, but still drive at 73 when i get back in the car. I was stopped for a short bit, but when back on the road I am going just as fast as I was, keeping up with traffic that is going as fast as it was.

Anonymous said...

"The US will be in a malaise for the next 10+ years, all the experts will blame many parts of the 'elephant' be it housing, stock-market, peak-oil, ..."

Good points, I agree.



"the US doesn't have any thing to offer the world other than COAL."

I disagree here . . . all the other countries that you mention are very corrupt.

Yes there many entrepreneurs in China, but if the alternative was starvation, we'd all work hard too.

Here's what I see --> The U.S. has far and away the best universities in the world, and this will never change.

China and India are great out turning out mathematics whizzes, but when it comes to graduate school -- where creativity and freedom matters -- everyone ends up in the USA.

Over the last decade, Singapore -- who is very worried about its position in the world -- has spent 100s of millions to lure the top bio-tech and genetics people to its newly created universities, as do oil-rich Gulf countries.

Yet those countries have such draconian social policies (no gum chewing in Singapore - an unmarried male and female can ever be alone in a room in Saudi Arabia) that the quality of life suffers, and those star researchers eventually move back to a relatively poorly funded in America.

Europe also has also invested gigantic sums to improve their universities [and built the new collider in France/Switzerland] but otherwise are mired in poorly designed incentive systems -- their best people always end up coming here to be around the best. We have a CRITICAL MASS and economies of scale that others fail to duplicate.

America does graduate-level education and research better than any other countries. The new "ideas" and "stuff" originates here -- let others figure out how to make it.

Anonymous said...

Greenspan admits HE was wrong on BUSH ideology, now 100% support OR-EO, Greenspan wants to be part of TEAM-OREO!!!!!!!!!!

WHO WOULD HAVE GUESSED.

Greenspan says was "partially" wrong on CDS regulation
Thu Oct 23, 2008 11:48am EDT


WASHINGTON, Oct 23 (Reuters) - Former Federal Reserve Chairman Alan Greenspan acknowledged he was "partially" wrong in his belief that some trading instruments, specifically credit default swaps, did not need regulation.

Henry Waxman, the Democrat who chairs the U.S. House of Representatives Committee on Oversight and Government Reform, cited a series of public statements by Greenspan saying the market could handle regulation of derivatives without government intervention.

"My question is simple: Were you wrong?" Waxman said.

Greenspan said he was "partially" wrong in the case of credit default swaps, complex trading instruments meant to act as insurance for bond buyers against default.

"I made a mistake in presuming that the self-interest of organizations, specifically banks and others, was such that they were best capable of protecting their own shareholders and the equity," Greenspan said.

When asked by Waxman if his ideology pushed him to make bad decisions, Greenspan said he found a "flaw" in his governing ideology that has led him to reexamine his thinking. (Reporting by Kim Dixon; Editing by Lisa Von Ahn)

Anonymous said...

"the US doesn't have any thing to offer the world other than COAL."

I disagree here . . .

[ The USA has the worlds largest 'dirty coal' reserve. Kosovo has world largest 'clean coal' reserve. ]

all the other countries that you mention are very corrupt.

[ The USA is the MOST corrupt nation on earth. ]

Yes there many entrepreneurs in China, but if the alternative was starvation, we'd all work hard too.

[ BULL FUCKING SHIT, I used to live in CHINA, in the mid 80's, and go there for biz yearly since. The average 'urban chinese' in say Shanghai, has a far better life than the average person in Detroit, or any other big US city. I don't watch TV, but most of you saw the Olympics, CHINA was modernized 20 fucking years ago, get over it, all there shit is new, and everyone has a cell phone. ]

Here's what I see --> The U.S. has far and away the best universities in the world, and this will never change.

[ A long fucking time ago, post 911, kids NO longer want to go to USA for grad-study, the USA is NAZI. ]

China and India are great out turning out mathematics whizzes, but when it comes to graduate school -- where creativity and freedom matters -- everyone ends up in the USA.

[ Math wiz's can be turned out in any country that has paper & pencil, high-tech requires gadgets. The US now has ALL its gadgets made in ASIA. Don't you see where this is going?? Russia has the best physics & math people in the world, cuz all you need is a chalk & board, you don't need technology. ]
Over the last decade, Singapore -- who is very worried about its position in the world -- has spent 100s of millions to lure the top bio-tech and genetics people to its newly created universities, as do oil-rich Gulf countries.

Yet those countries have such draconian social policies (no gum chewing in Singapore - an unmarried male and female can ever be alone in a room in Saudi Arabia) that the quality of life suffers, and those star researchers eventually move back to a relatively poorly funded in America.

Europe also has also invested gigantic sums to improve their universities [and built the new collider in France/Switzerland] but otherwise are mired in poorly designed incentive systems -- their best people always end up coming here to be around the best. We have a CRITICAL MASS and economies of scale that others fail to duplicate.

America does graduate-level education and research better than any other countries. The new "ideas" and "stuff" originates here -- let others figure out how to make it.

Anonymous said...

Yet those countries have such draconian social policies (no gum chewing in Singapore - an unmarried male and female can ever be alone in a room in Saudi Arabia) that the quality of life suffers, and those star researchers eventually move back to a relatively poorly funded in America.


[ Saudi is a US creation, Singapore, like So-Korea is a US creation. Nazi? Yes, just like the USA. ]


Europe also has also invested gigantic sums to improve their universities [and built the new collider in France/Switzerland] but otherwise are mired in poorly designed incentive systems -- their best people always end up coming here to be around the best. We have a CRITICAL MASS and economies of scale that others fail to duplicate.


[ Yes, EU has built the 'collider', when was the last time the USA invested in pure science on that scale?? Like what 40 years, other than the Hubble. The US quit investing after the moon race. ]

America does graduate-level education and research better than any other countries. The new "ideas" and "stuff" originates here -- let others figure out how to make it.

[ Those are very old ideas. The only thing 'new' in the last 10+ years has been google's search algorithm, and that they won only cuz they were first to the market. ]


PURE capitalism can be found far more easy anywhere in CHINA today than in the USA, in CHINA anybody can start a biz, without fucking red-tape, in the USA the permitting process and paper-work, insurance, legal kills all.

Take Shanghai today, its 24/7 blues, rock&roll, Irish Pubs, whatever you want, its like Vegas 24/7 every-where, it never fucking ends. There is NO FUCKING prohibition nanny-ism. People just think that the USA is 'free' cuz they don't travel.



In Bend your free to give all your money to Brooks Resources. That is your only freedom.

Anonymous said...

"The average 'urban chinese' in say Shanghai, has a far better life than the average person in Detroit, or any other big US city."

I don't anyone's saying they want to live in one of those $2,000 houses in Detroit.

I would much rather live like a Hobbitt in Bend, Oregon, simple and poor, with clean air and water, than ANY place in China -- with non-stop soil erosion, ruthless government thugs, benzine spills in river on monthly basis, cigarette smoke constantly in your face, and the joy of melamine, shit, and asbestos mixed into your food.

Yes China is entrepreneurial and has big dams, new highways in Beijing, and tall buildings in Shanghai, but behind this CURTAIN are toxic waste dumps, dead fish in the rivers, and millions of citizens who have been forceably evicted from their homes.

America = Low population + huge unpolluted land + livable climate = nice place to live even if you're poor.

I doubt that any American REALLY knows what it means to be poor in a place like India or China (a living hell).

Anonymous said...

"The average 'urban chinese' in say Shanghai, has a far better life than the average person in Detroit, or any other big US city."

I don't anyone's saying they want to live in one of those $2,000 houses in Detroit.

I would much rather live like a Hobbitt in Bend, Oregon, simple and poor, with clean air and water, than ANY place in China -- with non-stop soil erosion, ruthless government thugs, benzine spills in river on monthly basis, cigarette smoke constantly in your face, and the joy of melamine, shit, and asbestos mixed into your food.

Yes China is entrepreneurial and has big dams, new highways in Beijing, and tall buildings in Shanghai, but behind this CURTAIN are toxic waste dumps, dead fish in the rivers, and millions of citizens who have been forceably evicted from their homes.

America = Low population + huge unpolluted land + livable climate = nice place to live even if you're poor.

I doubt that any American REALLY knows what it means to be poor in a place like India or China (a living hell).

Anonymous said...

BP,

Find the 'Suterra' Sales Agreement. My sources tell me that they got the same deal as Les Schwab, it should be interesting to verify this.

When the Les Schwab sales agreement was signed in secret, they quietly slipped it into the public record. I'm sure they're doing the same thing this time, otherwise you'll have to make a formal request for the document.

Land deals ( real estate ) can be secret, but $10M worth of secret taxpayer expense that all gets tossed at Knife-River, cannot be kept secret.

Also publish the exact location of this lot. Much of the land surrounding JR is owned by HOLLERN, it would be interesting, if they're trying to increase the value of the HOLLERN land.



Mike,

Anonymous said...

America = Low population + huge unpolluted land + livable climate = nice place to live even if you're poor.

*

Jeebus xmas tell that to the niggers in the USA, or the Mexicans.

#1 imprisonment in the world?, the USA.

#1 warmonger in the world? USA

***

Low population + huge unpolluted land + livable climate = nice place to live even if you're poor.

[ YOU HAVE JUST DEFINED AFRICA. ]

Anonymous said...

Yes China is entrepreneurial and has big dams, new highways in Beijing, and tall buildings in Shanghai, but behind this CURTAIN are toxic waste dumps, dead fish in the rivers, and millions of citizens who have been forceably evicted from their homes.


*

"CURTAIN" get off your lazy fucking ass and go travel.

"CURTAIN" that is 1950's talk, your talking about the USA and where its called the fucking "WALL".

THE USA is building a WALL along the NORTH(Canada) &SOUTH(Mexico) border to keep the convicts in.

Anonymous said...

millions of citizens who have been forceably evicted from their homes.


*

Must be talking about the USA, and there foreclosure crisis.

Bewert said...

Re: Suterra deal

City to make do improvements for utilities and access, at an estimated cost of $3.5M. Suterra and it's contractor have had access to the site since Oct. 4. It's located just north of the Les Schwab property, across a soon to be contructed street.

No SDC deal for Suterra like Les Schwab got. Still have to look into that some, as Sonia was talking about LS SDC's in excess of $1M being unpaid from the City to itself. I thought they were cappped at under $500K.

So it is costing us those SDC's for the foreseeable future, a further $200K from the General Fund which will be repaid at some future date, and ongoing interest payments on the $6M line of credit for the foreseeable future.

Talking with Jerry Mitchell last night about cost concerns, he stated the city may try to delay some of the infrastructure, like sidewalks on the west side of the street, until more tenants are signed. Which won't happen until ODOT is happy. Eric King expects to make ODOT happy by spring, 2009. We'll see...

Bewert said...

BTW, Suterra's contractor is Knife River. I'll try to get some pictures of the site and of the LS building this afternoon.

Anonymous said...

The picture in the bulletin shows exactly where suterra is going.

Anonymous said...

"YOU HAVE JUST DEFINED AFRICA"

OK, you got me there.


"get off your lazy fucking ass and go travel."

I have been to Beijing and to other parts of Asia. Once you get beyond the nice areas (what I meant by "behind the curtain") it reminds me of 19th century industrial Britain, a great place to be if you're the boss/entrepreuner who's chummy with local politicans, but NOT so much if you're one of the worker bees breathing in polluted air.

Kind of the world that Charles Dickens describes in Oliver Twist, with poor houses and all?

Yes people are getting rich but it's more that life is about having the latest cell phone, a widescreen TV, and a gold watch to advertise you've made it.

I'm more taken with living closer to the earth and getting along with neighbors -- more like the romantic view espoused by Marge -- although maybe with fewer bullets.

Quimby said...

>> BTW, Suterra's contractor is Knife River

WHO WOULD HAVE GUESSED????

Anonymous said...

In the Les Schwab deal 'city of bend' paid the Knife-River tab, in this 'sale' who is paying the excavation tab?

In the Les Schwab deal, the city got $200k/acre, but paid $800k/acre for excavation. A net loss of $600k/acre, a deal that only profited two people Hap Taylor ( $10M ), and Ray Kuratek ( $2.5M ).

Any situation where the city doesn't pay the $800k/acre for excavation down to datum, who in the fuck would buy land at JR????

Anonymous said...

www.markit.com will post CDS data.

***

First internet access for sovereign CDS

By David Oakley

Published: October 23 2008 22:12 |

Government credit default swaps are to be published on the internet for the first time, in a sign of the increasing importance of these instruments as the economic and financial crisis deepens.

Only a few months ago, the cost of insuring government debt was rarely focused on by investors because most countries were considered stable. This was reflected in their relatively steady CDS prices, which provided little opportunity to make money.

But since the collapse of Lehman Brothers last month and the decision of governments to guarantee financial debt, this has changed. Even the biggest and richest economies, such as the US and UK, have seen sharp swings in their cost of protection.

Markit, the data provider, will provide the prices on its website in the next week, together with the prices of the main CDS indices that track the credit risk of companies in Europe, the US and Asia, which are already published.

Suki Mann, credit strategist at SG CIB, said: “Sovereign credit default swaps have become sexier as the economic health of governments and their economies has become the story. They are much livelier now than they were only a few months ago. More investors are looking at them.”

The CDS prices of the emerging market nations have seen the most dramatic movements of late.

Argentina, for example, saw its CDS price jump to 4,000 basis points – the highest sovereign spread in the world – on Thursday. This means it costs $4m to insure $10m of Argentine debt over five years. It has jumped nearly 1,000bp this week. Other big movers include Russia, which has jumped to 1,000bp; Ukraine, trading at a record 2,800bp; and Pakistan, which saw prices rise to 3,000bp at one point on Thursday.

These countries are all suffering from the dramatic rise in risk aversion and deepening fears over the severity of the global slowdown.

Credit default swaps have grown dramatically in the past five years with the market now valued at $54,000bn in outstanding contracts.

Anonymous said...

No SDC deal for Suterra like Les Schwab got. Still have to look into that some, as Sonia was talking about LS SDC's in excess of $1M being unpaid from the City to itself. I thought they were cappped at under $500K.

*

FIND THE FUCKING SALES agreement, that's all that counts.

Let us fucking read it, and tell you what it says.

Anonymous said...

>> BTW, Suterra's contractor is Knife River

WHO WOULD HAVE GUESSED????

*

Yes, but WHO is paying the fucking tab?? That is the question.

We already know that KNIFE-RIVER gets the first right of refusal for ALL excavation at JR forever into perpetuity, that's as well known as KURATEK gets the first born of all Bend's children.

What we don't know is the actual fucking terms of the sale.

The last time they did this, they slid the sales-agreement into the record the day after the sale.

Anonymous said...

Still have to look into that some, as Sonia was talking about LS SDC's in excess of $1M being unpaid from the City to itself.

*

The terms of the LS-sales agreement were to make the land 'shovel ready'. The city picked up the tab.

LS defined 'shovel ready' as all they would have to do is pave the parking lots, and drop down the building. That the city would pick up all costs other than the pavement for the parking lot and the building.

Now where in the fuck is the 'Suterra' sales agreement??

Does anyone really fucking think that Suterra was dumb enough to NOT demand the Les-Schwab deal???

Anonymous said...

This means it costs $4m to insure $10m of Argentine debt over five years. It has jumped nearly 1,000bp this week. Other big movers include Russia, which has jumped to 1,000bp; Ukraine, trading at a record 2,800bp; and Pakistan, which saw prices rise to 3,000bp at one point on Thursday.

*

Homer get off your ass and put this data on your automatic 'widget' bullshit, so we can watch the whole world implode.

The USA cost to insure 'DUMBYA SALTED PORK' is said to be a very good buy right now.

Anonymous said...

BEND TO BECOME LOVE-CANAL ... YES BEND is ASSPEN.

Here is the REAL REASON the SUTERRA deal is 'secret' because its about pollution and cheap water, cuz in ORYGUN dillution is the solution to POLLUTION. SUTERRA was RAN out of California, Suterra is connected to KURATEK, this is why he's getting the fee.

***

Suterra Plotting To Buy 1500 Acres In Bend, Oregon

Saturday 26 Jul 2008 | LBAM Spray Bay Area

I was alerted by an acquaintance to an article published in an Oregon newspaper, The Bulletin, regarding Suterra’s potential plan to purchase 1500 acres of land in Bend, Oregon to build their new pesticide factory. I’m sorry I can’t link readers to the actual article - apparently you have to have a paid subscription to access it, but here is something I know my readers will wish to understand.

A Suterra representative is quoted as follows in the news article:

“Pheremone based pesticides don’t contaminate ground water or affect other animals or kill crop damaging insects”.

This will come as news to everyone in Santa Cruz and Monterey County who saw their watershed poisoned, their wildlife and pets killed and lost their health after being exposed to aerial applications of Suterra’s pheromone-pesticide, Checkmate, in 2007.

It is simply outrageous that Suterra is making statements like this, and a terrible mistake on the part of The Bulletin for printing this lie, the intent of which on the part of Suterra is clearly to deceive the public into believing Suterra’s presence in the community will not lead to the poisoning of residents, their habitat and their water.

Here in California, we know what Suterra’s products do to us, our wildlife, our domestic animals and our environment, and it is because of this that I am urging you to write to this newspaper and urge them to print a correction. The people of Bend need the true facts. If they are to protect themselves, they need to be up in arms and not permit this corrupt and incredibly dangerous corporation to take root in their innocent town. Just think of the health damage that may be done to them if Suterra is not stopped from turning Bend into their own private pesticide lab.

Please, if you have been physically or psychologically abused by Suterra in connection with the LBAM spray public health crisis, take just a few minutes to write to the author of the article and the newspaper’s editor to share what you know about Suterra and their ’safe’ pesticides.
Peter Sachs
psachs@bendbulletin.com
Tim Doran
tdoran@bendbulletin.com

Urge these men to do their duty as members of the press by printing true, unbiased facts…not simply republishing the marketing pitches of special interest groups. Printing these kinds of statements endangers public health.

Here is my letter to these 2 gentlemen:

Welcoming Suterra To Your Community?

Dear Sirs,
I was extremely concerned when a friend in your community forwarded me an article printed in your paper regarding pesticide manufacturer Suterra’s attempted acquisition of 1500 acres of land in Bend, Oregon.

Of greatest concern to me was the quote you printed from Suterra claiming that pheromone pesticides do not contaminate ground water or pose a health risk to people and wildlife.

Unfortunately, California’s experience with the pheromone-pesticide Checkmate, manufactured by Suterra, has proven just the opposite. Following the aerial spraying of Checkmate on Santa Cruz and Monterey Counties in the autumn of 2007, the following damages were done:

1) The watershed was horrifically fouled with a yellow, foaming substance. This included the coastline, rivers and lakes.

2) More than 600 seabirds, including endangered species, washed up dead on the beaches.

3) Songbirds disappeared from gardens for weeks following the spray. In some areas, they have still not returned after nearly a year from the spraying.

4) Pets including cats, dogs and rabbits died. Fish in landscaping ponds died.

5) Beekeepers reported massive confusion and dieoff in their hives.

6) More than 600 families filled out illness reports after being sprayed. Complaints included respiratory complaints, irritation of eyes and skin, vomiting, diarrhea and the recommencement of menstruation in menopausal women over the age of 65. Upon citizen investigation, it was discovered that each of these symptoms were linked with known effects of the ingredients in Suterra’s Checkmate.

7) 2 formerly-healthy small children were hospitalized and nearly died of respiratory and heart failure after being sprayed with Checkmate. Both children now have chronic asthma and are being kept breathing with medication.

I am listing these basics of exposure to Suterra’s products so that you will understand that they are not, in fact safe, and that the people of Bend, Oregon will be in very real danger if Suterra is allowed to build their pesticide factory in the community.

The fact of the matter is, no studies have ever been done on the chronic (long-term) effects of Suterra’s products on human beings, wildlife, water or habitat. These pesticides were initially used on fruits and vegetables. Now, in California, they are spraying them on human beings with disastrous effects of the kind I have just described above. This is being done without any testing for chronic effects, so it is false to state that pheromone-pesticides are safe. In the absence of proof, that statement is a lie.

In closing, I would like to add that ‘Biotech’ is a marketing euphemism created to replace the term ‘Genetic Modification’ because the public reacted negatively to the idea of being exposed to genetically modified substances. It is up to the people of Bend, Oregon whether the want to allow GMO/pesticide manufacturers to infiltrate their community. My letter is written to you in hopes that you will present them with the true facts regarding Suterra and their products so that your community can make an informed choice.

Thank you for reading my letter.

Sincerely,
& etc.

Saturday 26 Jul 2008 | admin | LBAM Spray Bay Area |
4 Responses to “Suterra Plotting To Buy 1500 Acres In Bend, Oregon”

1.
on 27 Jul 2008 at 4:51 pm Solstice

thank you for writing and explaining the truth. its a shame hat people like this nab the press and tell them untrue things to promote their unsavory ativities.
and, i wonder why they ae planning to occupy so much space in bend, oregon.
i will write also,but wish i was aware of more places in oregon to write. maybe the governors office, but perhaps that person will prove to be like arnold.
2.
on 28 Jul 2008 at 1:52 pm admin

Hi Solstice,
I’ve yet to hear back from The Bulletin’s editors. I’m really hoping I will and that they will, at the very least, write a follow-up piece featuring the truth about Suterra.

1500 acres is a huge piece of land, I agree. Perhaps they intend to use open land to test their products on? A horrifying thought.

It’s so nice to see you here and I’m glad to know that you are writing to the newspaper.

Mim
3.
on 09 Sep 2008 at 11:25 am Christopher Neuschafer

1. There isn’t enough documentable proof behind the symptoms that arose after the aerial spraying to publish them as fact in a journalistic paper. And aluding to them for the point of persuading the public to kick out Suterra is unethical.

2. If you’ve ever been to Bend, you would know that it’s not just a little town of rednecks. It’s a vary diverse and evergrowing community with MANY environmentalists like yourself that would dissaprove of this company moving in without their sketchy background.

The idea of posting a press release on your webpage is to inform the public of what’s happening. The Bend Bulletin, which I read on a very regular occassion, is an incredibly ethical and well documented local publication. They don’t write slam stories based on a few rumors of what happened in another state, so they post what they have and they let the public do the research. People like you help inform the public of what happened in California, and then they will take your information and the information from Suterra and the state departments who defend them and decide for themselves what should be done about it.
4.
on 09 Sep 2008 at 12:11 pm admin

Welcome Christopher,
I appreciate you taking the time to comment, but call into question your statement that the reason The Bend Bulletin wouldn’t print a ’slam story based on rumors’ is because they are ethical about providing well-documented information.

The Bend Bulletin was perfectly willing to print Suterra’s party line about the harmlessness of their chemicals. This is not only un-documented but egregiously false and the fact that the newspaper was willing to print this utterly false claim of Suterra’s can only result in your community being misled about a matter as serious as their health and their lives.

Having watched hundreds of Californians fall ill after being exposed to Suterra’s products, I felt it was my duty to let the Bulletin know about what happened here. We don’t want this to happen in Oregon. But, I’m sorry to say that the editors did not even have the courtesy to respond to my email.

All across this country, the major Genetic Engineering corporations are using the press as their vehicle for delivering totally false marketing messages to the public, and unless journalists have the smarts to see past this, they are being used as little more than marketers for Big Ag, pesticide manufacturers and GMO labs. The tactics these completely odious corporations use to deceive the public are merciless, and if newspapers like The Bend Bulletin don’t defend themselves from being used by these corporations, they are doing their communities a major disservice.

In this battle of public welfare vs. corporate profits, I think Bend has a stand to take, if anyone will be brave enough to let them know what is really at stake.

Thank you again for commenting.
Miriam

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Anonymous said...

All that's missing now is Garzini's prison, so we can have a labor force to make pesticides at Juniper Ridge.

Bewert said...

Suterra sales agreement:
http://juniper-ridge.info/BEND-JR-Suterra-Sale_Agreement.pdf

Searchable PDF. Have at it.

On the excavation question, some excerpts, "...Buyer shall purchase from Seller that certain unimproved real property located in the Juniper Ridge...Seller agrees that if an Interim Lease is entered into with Buyer, it will require Seller to issue the required building permits and to provide all necessary infrastructure and related public improvements required for Buyer to access the Property and to fully build out the Facility...Seller agrees that all of the foregoing Prepaid Rent will be specifically earmarked and used exclusively to fund the infrastructure required to be provided by Seller for this project and for the land use work required to achieve the land division for the Facility so that the Property can be sold to Buyer.


The Property is served by city water and sewer, and hook-up to all utilities, including city sewer and water, electricity and natural gas,is or will be provided to the Property line."

So it doesn't look as sweet as the LS deal, it's unimproved land with utilities at the property line. Pretty standard.

Para 6(b)(2) on Cost Reimbursement if the City can't get it zoned for Suterra is a bit interesting.

Anonymous said...

This is RICH pussy, the same PR firm that helped KURATEK secure his FUCK on BAY-MEADOWS in CALI, that MADE KURATEK FAMOUS FOR BEING AN ASSHOLE, is connected to SUTERRA in CALI as ENEMY#1, nobody in CALI wants SUTERRA so they're moving to BEND. KURATEK/HOLLERN/GARZINI know they had to have stuff secret, this isn't about money this time, its about turning BEND, into an absolute SHIT-HOLE. These folks produce the most powerful neuro-toxic shit on earth, and when there is a leak, and there will be BEND is fucked.

****

Suterra's Legal Moves
by Patricia Matejcek/David Dilworth
Sunday Oct 14th, 2007 12:08 PM

Suterra, manufacturer of the pheromone spray proposed for use in Monterey and Santa Cruz counties, makes legal moves and encounters some roadblocks seeking to suppress info on the composition of the spray.

Aerial Crop Dusting of Peninsula Cities News:

1. Suterra is apparently planning to join HOPE's
suit on Monday in a hostile action to try to
get all the Court papers sealed.

I do not believe they are yet threatening
anyone for spreading the names of secret
toxic ingredients by newsgroup or by email.

So, if the ingredients names have spread
far and wide with email lists and on
newsgroups they may not be able to ever
hide them.

"Immunity for Reposting

"The courts have held that Section 230 of the
Communications Decency Act (47 USC § 230) provides that
users and providers of interactive computer services,
including the Internet, are immune from civil liability
for publishing on the Internet material written by
someone else. This was first established by the
federal Fourth Circuit Court of Appeals in Zeran v. AOL
in 1997. In Barrett v. Rosenthal (November 2006), the
California Supreme Court agreed with this. In Batzel
v. Smith (2002) the federal Ninth Circuit Court of
Appeals (in California) held that an Internet reposter
is immune from liability if a reasonable person would
believe that the reposted material was given to him/her
for republication on the Internet.

http://www.casp.net/cyberslapp.html


2. Suterra is separately threatening to sue
Monterey County Weekly for re-publishing
the secret ingredients and doing investigative
work to reveal that another secret chemical
(tricaprylyl methyl ammonium chloride), is
"very highly toxic to zooplankton."

3. As of 5:00 pm Friday the Herald was not
similarly threatened even though they also
published the name of one secret ingredient.

That would seem to be a good defense for
Monterey County Weekly - since Suttera
can't claim they are stopping all publication
of their toxic trade-secrets.

4. Here is the webpage to report a SLAPP
threat --

http://www.casp.net/feedback.html

Anonymous said...

.Seller agrees that if an Interim Lease is entered into with Buyer, it will require Seller to issue the required building permits and to provide all necessary infrastructure and related public improvements required for Buyer to access the Property and to fully build out the Facility..

*

There you go same, fucking deal, now how many acres did they buy? Multiply that by $800k/acre, and go ask sonia where the money will come from.

$800k/acre is what is costs to make JR 'shovel ready', aka 'access'.

Anonymous said...

Where the FUCK is that BUM HBM, how come he's not covering this SUTERRA 'chemical weapons plant' in the SORE???

Bewert said...

Just went and checked the SDC issue in the LS agreement. LS paid the $7 sq ft price, so the City is on the hook for all the SDC's. LS had the option of paying $6 sq ft, which if it had taken it would have put them on the hook for up to $525,000 in SDC's.

The budget figures in "Detail of Juniper Ridge Costs Through FY07-08" showed them to be $475K, while Sonia is now stating them to be over a million. I'll clear that up with her this week.

Bewert said...

Re: excavation costs

The wording is different from LS agreement:

All of the Property shall be placed by Seller in a "shovel-ready condition" meaning that development of all of the Property by Buyer requires only that Buyer construct its building and related onsite parking and landscape areas and connect utilities to its building. Seller will provide standard utility services to the boundary of Phase 1 of the Property including roads, sanitary sewer and water by December 31, 2007, and use good faith efforts to cause the providers of telecommunications, power and natural gas to provide the same to the Property by such date (the parties acknowledging that Seller cannot guaranty delivery by such providers by any date certain). All offsite and onsite improvements that Seller is obligated to provide (including but not limited to, streets, sewer, private utilities, water, curb, gutter, lighting and traffic control) shall be in place and ready for use by Buyer and its contractors and employees.

The term shovel ready doesn't appear in the Suterra agreement. Neither does the City agree to pay the SDC's.

Bewert said...

Re: The Bend Bulletin, which I read on a very regular occassion, is an incredibly ethical and well documented local publication.

I read comment that in the Vegan blog and started laughing last night. I just posted a comment about the BULL and just how "incredibly ehtical" they are, with links to my JR blog and BB2.

The pesticide angle may be why they are so concerned about zoning. Although if they have been able to operate next to the Bachelor Bus Lot they shouldn't have any problem in JR. They sure kicked up a shitstorm in Cali in 2007, though. Seems like the Checkmate stuff wasn't as safe as promised, especially when applied from an airplane.

Bewert said...

Wiki link to the shitstorm over Suterra pesticides used in spraying moths:

http://en.wikipedia.org/wiki/Light_brown_apple_moth_controversy

Bewert said...

OK, my one comment on national politics for the day--check out this hilarious "Song For Sarah" music video spoof by a couple of Russians:

http://www.youtube.com/watch?v=XR9V_aOCga0

misses palin!
i want to fly into ur Airspase!
misses palin!
i want to reer my little Head!
misses palin!
why wont You reply to my Emails?!!
I made a teliscop for YOU and i luv u so

Anonymous said...

This Suterra thing looks like a nightmare. How do those Les Schwab execs like their new neighbor, I wonder.

Anonymous said...

Now you know WHY the PUSSY does 'palin' and OREO, he doesn't want people to focus on Suterra.

Hey, pussy post the actual content of the Suterra sales agreement so that people here don't get their IP's logged by your mormron employer ( HOLLERN ).

Anonymous said...

PUSSY turns out the active ingredient of their best-selling product is "ISOCYNATE" a favorite world over, note also the below text has been BANNED in CALI by Suterra LAWYER's. I think that KURATEK is brought the DEVIL himself to BEND this time.

Now you know why NOBODY but the PUG BITCH TELFER showed up last night, nobody wants to be close to this 'Isocynate Poisoning' fiasco except dumb PUG bitches running for State Senate.

I really wish the SORE would pick this shit up. Probably WHY its all coming out on Thurs, as the SORE has already been published.

Yes, COSTA @ the BULL is Bends most 'ethical' citizen after HOLLERN.

***

Suterra LLC, a manufacturer of "biorational" pest control products based in Bend, Oregon, has issued a cease and desist letter to Indybay demanding that information about a "secret" ingredient in the CheckMate OLR-F mating disruption pheromone be removed from the site. On September 28th, the Santa Cruz Sentinel published the key ingredients of CheckMate OLR-F, information inadvertently provided to the Sentinel by the United States Environmental Protetion Agency (EPA). The Sentinel was immediately contacted by a lawyer for Suterra and they removed the ingredients from their website.

HOPE (Helping Our Peninsula's Environment), a Monterey County non-profit environmental organization started a lawsuit against the California Department of Food and Agriculture (CDFA). They filed supplemental papers with the Court on October 9th, including mention of the formerly secret "inert" ingredient in the Checkmate pesticide. Also on October 9th, at the Santa Cruz City Council meeting, the City of Santa Cruz voted (4-3) to either join HOPE’s lawsuit or file a separate action to stop spraying planned in Santa Cruz County, including residential areas, to take place November 4th - 9th. On October 10th, Monterey County Judge Robert O'Farrell issued a temporary restraining order of aerial pheromone spraying in Monterey County for Light Brown Apple Moth. After the judge's ruling, the CDFA suspended the Light Brown Apple Moth pheromone application on the Monterey Peninsula "until further notice." The Santa Cruz County Board of Supervisors will hold a public hearing to consider the issue on October 16th.

The identity of this isocyanate compound can now be found in court records and local newspapers, including the Monterey County Herald and the Santa Cruz Sentinel, which has re-published the information since the Judge's ruling.

Aerial spraying took place in Monterey County on four nights, September 9th - 12th. According to safety data on the Suterra website, inhalation of CheckMate OLR-F is "not a likely route of exposure", however if exposure occurs, "remove victim to fresh air... Get medical attention." The website for the National Institutes of Health state, "Isocyanates are irritating to the skin and the mucous membranes, the skin conditions ranging from localized itching to more or less widespread eczema. Eye affections are less common and, although lacrimation is often found, conjunctivitis is rare. The commonest and most serious troubles, however, are those affecting the respiratory systems." HOPE states that there is a remarkable overlap with the symptoms and illnesses reported by 110 Monterey County residents and the symptoms known to be caused by the isocyanate.

Anonymous said...

The wording is different from LS agreement:


*

The wording is different ( different lawfirm wrote the agreement ), the outcome is exactly the same.

Suterra has the meanest fucking lawyers in the country, expect to see tons of 'cease & desist' orders, this may explain why on MONDAY the BULL had that BLOGGER-HIT JOB.

Anonymous said...

yes, little pussy, keep the public focussed on palin, obama, anything but the bio-weapons waste site to be a Juniper Ridge, ... who would have guessed??

Anonymous said...

http://juniper-ridge.info/BEND-JR-Suterra-Sale_Agreement.pdf


Bruce please link this to your Juniper Ridge site.

Bewert said...

Most of us can keep our eyes on more than one thing. We graduated kindergarten.

Bewert said...

It's linked in the docs list on the left, second from the top. I'll do an update with the link soon.

Anonymous said...

PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS
(JUNIPER RIDGE PROPERTy )
THIS PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS (JUNIPER RIDGE
PROPERTy) (this "Agreement"), dated as o f October _ , 2008 ("Effective Date"), are made by and
between SUTERRA LLC, a Delaware limited liability company, or its designee, as buyer (the
"Buyer"), on the one hand, and the CITY OF BEND, an Oregon municipal government, as seller
("Seller"), on the other hand, with respect to the following:
A. Seller is the owner o f the Property (as defined below).
B. Buyer wishes to purchase the Property from Seller, and Seller wishes to sell the Property
to Buyer, each upon the terms and conditions herein.
NOW, THEREFORE, in consideration of the mutual covenants and conditions herein
contained, and for other good and valuable consideration, the receipt and adequacy o f which are hereby
acknowledged, Buyer and Seller agree as follows:
1. Purchase o f the Property. Subject to the terms and conditions o f this Agreement, Seller
shall sell to Buyer and Buyer shall purchase from Seller that certain unimproved real property located
in the Juniper Ridge Development in the City o f Bend, County o f Deschutes, State o f Oregon,
consisting o f approximately 7.99 acres o f land, as more particularly described in Exhibit A attached
hereto, together with all privileges, rights, easements and appurtenances belonging to such real property
(collectively, the "Property").
- 2. Purchase Price. The purchase price for the Property shall be Two Million Four Hundred
Thirty-Six Thousand Three Hundred Ten Dollars ($2,436,310) (7.99 acres times 43,560 square feet
times $7.00 per square foot $2,436,310) (the "Purchase Price"). The parties realize and agree that the
square footage may be adjusted when the legal lot is established through the land use process. The
final Purchase Price will be adjusted to reflect the final lot size and determined using the above
formula. The Purchase Price shall be payable as follows:
(a) Deposit. Upon the execution o f this Agreement by Seller and Buyer, Buyer shall
deposit a copy o f this Agreement into Escrow (as defined below) and will return a copy of it, after it
has been signed by the Escrow Holder, to Seller. Buyer will also deposit into Escrow the sum of
Thirty-Five Thousand Dollars ($35,000) in cash into an interest bearing account (including accrued
interest thereon, the "Deposit"). Upon the Close o f Escrow (as defined below), the Deposit shall be
applied toward the Purchase Price. In the event that: (i) Buyer exercises its option, in its sole
discretion, to terminate this Agreement on or before the end o f the Due Diligence Period (as defined
below) or as otherwise permitted under this Agreement; or (ii) the Close o f Escrow does not occur for
any reason other than a breach of Buyer's obligations under this Agreement, the Escrow Holder (as
defined herein) shall be, and is hereby irrevocably instructed by Seller and Buyer, to immediately pay
to Buyer the full amount of the Deposit without further instructions and without the need for any
additional signed release by Seller. In the event the Close of Escrow does not occur solely as a result
o f Buyer' s breach o f its obligations under this Agreement, then Escrow Holder is instructed to deduct
from the Deposit and pay to Seller as "liquidated damages" an amount equal to the actual costs and
expenses incurred by Seller in relation to the preparation of this Agreement but in no event shall the
{025696.3} 1
amount o f such liquidated damages exceed Twenty-Five Thousand Dollars ($25,000). Escrow Holder
shall immediately pay to Buyer the remaining portion o f the Deposi t held by Escrow Holder after
deducting the liquidated damages as determined in the preceding sentence. SELLER AND BUYER
ACKNOWLEDGE AND AGREE THAT THE· FOREGOING AMOUNT IS REASONABLE AS
LIQUIDATED DAMAGES AND SHALL BE SELLER' S SOLE AND EXCLUSIVE REMEDY IN
LIEU OF ANY OTHER RELIEF, RIGHT, OR REMEDY, AT LAW OR IN EQUITY, TO WHICH
SELLER MIGHT OTHERWISE BE ENTITLED BY REASON OF BUYER' S DEFAULT UNDER
THIS AGREEMENT.
Sel l er ' s Initials Buyer ' s Initials ~
(b) Balance o f Purchase Price. On or before the Close o f Escrow, Buyer shall
deposit the balance o f the Purchase Price into Escrow, in cash or by wire transfer o f good funds.
3. No Assumption o f Liabilities or Obligations. At the Close o f Escrow, Buyer will not
assume any liabilities or obligations o f Seller with respect to, or related to, the Property.
4. Escrow. Promptly upon the full execution and delivery o f this Agreement, Buyer and
Seller shall open an escrow (the "Escrow") with AmeriTitle, Inc., 15 NW Oregon Avenue, Bend, OR
(the "Es cr ow Holder"). This Agreement shall, to the extent practicable, serve as initial escrow
instructions. The parties agree that any additional escrow instructions shall be consistent with this
Agreement, unless both Buyer and Seller agree otherwise. The "Close o f Escrow" shall occur as soon
as practicable after the satisfaction o f all conditions precedent specified in this Agreement, but in any
event no later than ten (10) business days following the later to occur o f (a) the expiration o f the Due
Diligence Period (as defmed below), or (b) the change o f the Propert y' s zoning designation to the Ne w
Zoning (as defined below) and the creation o f a legal lot, and shall be the date on which the Statutory
Warranty Deed (as hereinafter defined) is recorded in the Recor der ' s Office o f the county in which the
Property is located (the "Official Records").
5. Escrow and Other Fees. Seller and Buyer shall each pay one- hal f (1/2) o f Escrow
Hol der ' s fees, including escrow charges and fees. Seller shall pay the costs o f an ALTA Owner ' s
Policy o f Title Insurance with respect to the Property insuring Buyer in the full amount o f the Purchase
Price (the "Ti t l e Policy"), filing fees, recording fees, drawing fee, all taxes, i f any, and any other
charges in connection with clearing title. I f requested by Buyer, Buyer shall be entitled to obtain
extended title insurance coverage and Seller agrees to cooperate so that such extended coverage can be
issued. Buyer shall pay for the costs o f any extended coverage or endorsements to the Title Policy.
6. Zoning Change and Development Issues.
(a) The Property is located within a greater 1,500 acre mixed-use masterplan
development owned by Seller known as Juniper Ridge ("Juniper Ridge"). Seller acknowledges and
agrees that Buyer requires the Property to be zoned "l i ght industrial" (the " Ne w Zoning") in order to
accommodate Buyer ' s intended use o f the Property, which generally consists o f constructing and
operating a high-tech manufacturing facility to include a laboratory, manufacturing space and a
warehouse (the "Facility"), and Seller further acknowledges and agrees that effectiveness o f the New
Zoning is a condition precedent to Buyer ' s obligations to purchase the Property and that Seller and
Buyer shall work together in order to change the zoning o f the Property to the Ne w Zoning (although it
is anticipated by the parties that the change to the Ne w Zoning will not occur until November 2008).
{025696.3} 2
(b) The parties acknowledge and agree that (i) Buyer's purchase and development o f
the Property may occur prior to the establishment o f certain covenants, conditions and restrictions to be
imposed on the Property, including, without limitation, building and design standards and required
property owner association membership (collectively, the "Development Guidelines") and (ii) Buyer
will need to commence development o f the Property upon satisfactory expiration o f the Due Diligence
Period but before the New Zoning is implemented and the Development Guidelines become effective,
and, therefore, Buyer and Seller hereby agree as follows:
(i) Temporary Possession and Use. In order to accommodate Buyer' s
development schedule for the Property, upon the satisfactory expiration o f the Due Diligence Period
where no termination notice has been issued under Section 8(b) below, but prior to the implementation
o f the New Zoning and the satisfaction o f all Buyer' s conditions in Section 15(a) below, Seller, as
lessor, and Buyer, as lessee, have executed a Permit and Right o f Entry to allow Buyer to begin site
work (the "Permit and Right o f Entry Agreement," attached hereto as Exhibit B). No rent o r other fees
will be due from Buyer to Seller under the Permit and Right o f Entry Agreement. The Buyer was
permitted to begin grading and excavation o f the Property prior to the adoption o f the rezoning, but
shall not be permitted to begin construction o f the foundation until the Ne w Zoning has been adopted
by the City.
(ii) Cost Reimbursement. If the New Zoning is not effective by January 15,
2009, Buyer and Seller will attempt to find an acceptable alternative that will allow the Buyer to build
the Facility. In the event, however, that Buyer makes a business determination that there is not an
acceptable alternative to allow Buyer to achieve timely construction o f the Facility under its current
schedule, the Buyer may terminate this Agreement without any liability whatsoever to Seller (except as
provided under the Permit and Right o f Entry), and Seller shall reimburse Buyer for the actual hard
costs o f site preparation and construction o f the foundation incurred by Buyer on the subject Property
through such date. Seller shall reimburse such costs to Buyer within five (5) days o f Seller' s receipt o f
documentation o f such costs.
(iii) Building and Design Standards. I t is anticipated that Seller will not have
finalized the Development Guidelines for Juniper Ridge prior to Buyer' s purchase and development o f
the Property. Buyer and Seller agree to use commercially reasonable efforts to approve the building
and design standards for the Property so that the manufacturing facility to be built by Buyer complies
with the anticipated Development Guidelines to be imposed on Juniper Ridge. In this regard, the
design o f the building shall be approved by the Seller' s architect who will evaluate the proposed
building for consistency with the Les Schwab corporate headquarters. Buyer and Seller agree that so
long as the design and building standards used to build Buyer's manufacturing facility are approved by
Sel l er' s architect, as provided above, Buyer' s manufacturing facility shall be deemed to be in
compliance with the Development Guidelines once such guidelines are imposed on Juniper Ridge. The
parties hereto will direct their consultants (i.e., Seller' s consultant preparing the Development
Guidelines and Buyer' s architect) to coordinate on the building design. It is hereby agreed that as long
as the building design is reasonably consistent with the Les Schwab corporate headquarters located in
Juniper Ridge, as reasonably determined by Seller' s architect on or before November 15, 2008, Buyer' s
design will be approved by Seller.
{025696.3} 3
(iv) Land Division and Interim Lease. I f the New Zoning is approved, a land
division will be required in order for the Property to be sold to Buyer. Because time is o f the essence
for Buyer in constructing the Facility, Seller hereby agrees that as soon as the New Zoning is enacted, i f
it is enacted within the time period described in Section 6(b)(ii) above, Buyer and Seller will enter into
a ground lease ("Interim Lease") which will allow Buyer to immediately apply for and obtain all
building permits required to build and operate its Facility on the Property and to construct the Facility
while the above described land division process is being expeditiously completed by Seller. If the
Master Plan for Juniper Ridge must be completed before the land division for the Property can be
completed, it is anticipated that the Interim Lease could be in effect for approximately six (6) months to
one (1) year and during that period o f time the Facility would be constructed by Buyer on the Property
under the Interim Lease. Seller agrees that i f an Interim Lease is entered into with Buyer, it will require
Seller to issue the required building permits and to provide all necessary infrastructure and related
public improvements required for Buyer to access the Property and to fully build out the Facility, in
accordance with Buyer' s required time table, which will be incorporated into the Interim Lease. The
Interim Lease is anticipated to be a short-term lease but will be structured to allow Buyer to remain on
the Property for as long as it takes for a legal parcel to be created so that the Property can be sold to
Buyer. The Interim Lease will also provide for prepayment o f rent ("Prepaid Rent") as follows in order
to provide funds to Seller in order to build out the infrastructure required in order for Buyer to build its
Facility and complete the land division required for the sale o f the Property: Five Hundred Thousand
Dollars ($500,000) will be paid at Interim Lease signing; an additional Six Hundred Seventy-Nine
Thousand Dollars ($679,000) will be paid by December 31, 2008; an additional Six Hundred
Seventy-Nine Thousand Dollars ($679,000) will be paid by January 31, 2009; and an additional Three
Hundred Ninety-Two Thousand Dollars ($392,000) will be paid by March 31, 2009. Seller agrees that
all o f the foregoing Prepaid Rent will be specifically earmarked and used exclusively to fund the
infrastructure required to be provided by Seller for this project and for the land use work required to
achieve the land division for the Facility so that the Property can be sold to Buyer. All Prepaid Rent
will be converted back to part o f the Purchase Price and will be fully credited to the Purchase Price at
Close o f Escrow. The remaining balance o f the Purchase Price, after credit for all Prepaid Rent and the
Deposit, will be paid at Close o f Escrow. I t is agreed that the Interim Lease is only to be used as a
mechanism to allow construction to move forward during the land division and both Buyer and Seller
intend that this be and remain a contract for the sale o f the Property from Seller to Buyer. No other
rent will be due and payable during the Interim Lease. In addition to payment o f the agreed upon
amount o f Prepaid Rent, at the time o f execution o f the Interim Lease, Buyer will also pay the Traffic
Impact Fee, described in subsection (c) immediately below, to Seller and Seller will place the Traffic
Impact Fee into a dedicated fund for the traffic improvements required for approval o f the Juniper
Ridge Master Plan. Within fifteen (15) days o f completion o f the land division for the Property upon
which the Facility can continue to be legally located and operated, the sale o f the Property will close
and the balance o f the Purchase Price will be paid into escrow, as described below. The Interim Lease
will be negotiated, agreed upon and signed by Buyer and Seller as soon as possible but no later than the
date the New Zoning becomes effective or this Agreement will terminate and Section 6(b)(ii) will
apply.
(c) Traffic Impact Fee and Related Trip Limitation.
(i) Traffic Impact Fee. A one-time traffic impact fee (the "Traffic Impact
Fee") will be imposed by the Oregon Department o f Transportation ("ODOT") on the development o f
Juniper Ridge, including upon the Property, and Buyer' s share o f the Traffic Impact Fee will be based
on the actual number o f peak hour trips generated by Buyer' s use o f the Property. This provision does
{025696.3} 4
not affect the Buyer ' s obligation to pay System Development Charges (SDCs) and is in addition to the
payment o f SDCs. I t is estimated that the Property, once developed by Buyer, will generate
approximately 15 to 17 peak hour trips p'er day through the Cooley/Highway 97 intersection ("Peak
Hour Trips"). The parties agree to rely on the rezoning/site pl an revi ew decision to determine (i) the
exact number o f Peak Hour Trips through the Cooley/Highway 97 intersection generated by Buyer ' s
use o f the Property bet ween 4:30 pm and 6 pm ("Peak Hours"), to be used to calculate Buyer ' s share o f
the Traffic Impact Fee (the "Peak Hour Trips") (it being agreed that such number must be between 15
and 17 Peak Hour Trips), and (ii) the maximum allowable number o f Peak Hour Trips permitted to be
generated by Buyer, subject to future expansion. The parties agree that Buyer' s portion o f the Traffic
Impact Fee shall be limited to Six Thousand Dollars ($6,000) per Peak Hour Trip, and Seller shall pay
any amount o f the Traffic Impact Fee in excess o f Six Thousand Dollars ($6,000) per Peak Hour Trip
(the " Sel l er ' s ODOT Fee").
(ii) Trip Limitation. Buyer understands that the land use approval for the
development o f the Property will contain a trip limitation or cap that is applicable during the Peak
Hours and may include other reasonable transportation demand management (' ' TDM' ' ) provisions. As
long as these TDM measures are reasonable and consistent with the anticipated trip level referenced in
the above sub-paragraph, Buyer agrees to accept and comply wi t h that limitation or cap and other
reasonable transportation demand management measures, subject to Buyer' s right to increase trip levels
up to thirty-five (35) Peale Hour Trips, as more particularly described in sub-paragraph (iii).
(iii) Additional Peak Hour Trips. Buyer will have the right to purchase
additional Peak Hour Tri ps for expansion o f pl ant and/or operations at the Traffic Impact Fee rate in
effect at the time o f any such expansion, up to a total o f 35 Pe a k Hour Trips, including the 15 to 17
Peak Hour Trips referenced in subsection (c)(1) above
(d) Juniper Ridge Maintenance Association. I f the Sel l er ' s Juniper Ridge
development is approved, Seller anticipates the creation o f a Juniper Ridge property owners association
for the maintenance o f the common areas within Juniper Ridge (the "Juniper Ridge Maintenance
Association"). Buyer agrees to participate in and be bound by the Juniper Ridge Maintenance
Association, provided that (i) the terms and conditions o f the declaration creating the Juniper Ridge
Maintenance Association are similar to comparable developments (in Buyer' s reasonable discretion);
(ii) at no time shall Buyer ' s proportional share o f common area fees be based on an occupancy rate for
the area covered by the Juniper Ridge Maintenance Association o f less than ninety-five percent (95%);
and (iii) Buyer is offered a seat on the initial Board o f t h e Juniper Ridge Maintenance Association.
7. Title Matters; Insurance.
(a) Title. Title to the Property shall be conveyed to Buyer free and clear o f all liens,
claims and encumbrances, except as permitted in this Section (the "Permitted Exceptions").
(b) Approval o f Exceptions. Within five (5) business days after Escrow is opened,
Seller shall cause Escr ow Holder to deliver to Buyer a Preliminary Title Report with standard
commi t ment by the Es cr ow Company to issue title insurance with respect to the Property (the "Title
Commitment"), together wi t h copies o f all recorded documents shown as exceptions thereto. Buyer
shall notify Seller within ten (10) business days after receipt o f the Title Commitment and copies o f all
such recorded documents, and within five (5) business days after receipt o f any supplemental title
report wi t h respect to the Property issued prior to the Close o f Escrow, i f Buyer, in its sole and absolute
{025696.3} 5
- - - - - - - - - - - - _ . _ - - - _ . _ - - -
discretion, disapproves o f any o f the exceptions shown on the Title Commitment or supplemental
report, as applicable ("Buyer's Title Objections"). The term "Permitted Exceptions" shall mean (i) the
title exceptions that are not disapproved o f by Buyer in Buyer's Title Objection Notice or (ii) the title
exceptions for which Escrow Holder is irrevocably committed to insure against by the issuance of
endorsements to the Title Policy as set forth in Buyer' s Title Objection Notice. Seller shall notify
Buyer within five (5) days o f receipt o f Buyer's Title Objections whether or not Seller will remove
Buyer' s Title Objections. If Seller does not agree to remove Buyer's Title Objections or fails to
remove a n y o n e or more of such non-approved exceptions prior to the Close o f Escrow, or i f any
additional items come into existence which would show as exceptions to title insurance in the Title
Policy, and Seller fails to remove same prior to the Close of Escrow, Buyer shall have the choice of: (i)
terminating this Agreement and seeking recourse against Seller i f Seller had agreed to the removal and
failed to do so prior to the date scheduled for Close o f Escrow; or (ii) completing the purchase o f the
Property in accordance with the terms of this Agreement.
8. Due Diligence Investigation.
(a) Due Diligence Period. For a period of twenty (20) days after the date o f this
Agreement (the "Due Diligence Period"), Buyer may conduct investigations and reviews of the
Property including, but not limited to, the physical condition or state of the Property; environmental
matters (including, without limitation, Phase I and/or Phase II environmental reports o f the Property);
title matters; zoning matters; building and permitting issues; governmental, regulatory or land use
matters; the adequacy o f utilities servicing the Property; acceptable financing; and any other matters
affecting Buyer or Buyer' s anticipated use and ownership of the Property. Within five (5) business
days after Escrow is opened, Seller shall deliver to Buyer all plans, notices, surveys, environmental
reports, inspection reports, lease agreements or other documents relating to the physical, structural,
geological or environmental condition o f the Property of which Seller has possession and/or control
and shall provide to Buyer any information it may have about the use, presence, release or discharge by
Seller or any third party of Hazardous Materials (as defined below) or other environmental conditions
at, on or under Juniper Ridge (collectively, the "Due Diligence Deliverables"). The Due Diligence
Deliverables shall include, without limitation, any and all notices received by Seller, including during
the Due Diligence Period and any time prior to Close of Escrow, from any federal, state, or local
governmental authority having jurisdiction over the Property regarding, without limitation,
environmental conditions, the presence or absence o f Hazardous Materials, zoning, land use, suitability
for a particular purpose or compliance with law. I f the environmental testing to be conducted on the
Property requires additional time to complete, the Due Diligence Period shall be automatically
extended for an additional forty-five (45) days upon Buyer' s delivery o f written notice to Seller prior to
the end o f the original Due Diligence Period. In the event that the Seller does not provide the
Preliminary Title Report or the above Due Diligence Deliverables within five (5) days o f the execution
o f this Agreement, the Due Diligence Period shall be extended an additional fifteen (15) days for a total
o f thirty-five (35) days.
(b) Disapproval o f Investigation. If Buyer, in its sole and absolute discretion,
disapproves any of the results o f its Due Diligence Period investigation and review, Buyer may
terminate this Agreement without any liability whatsoever by providing written notice thereof to Seller
on or by the termination date of the Due Diligence Period.
(c) Access to Property. Seller shall grant to Buyer, and Buyer's agents and
representatives, immediate access to the Property for the purposes o f conducting Buyer's investigations
{025696.3} 6
and r evi ew during the Due Diligence Period. As part o f Buyer ' s investigations and review, Seller shall
per mi t Buyer to drill, excavate and/ or bore on or t hrough the surface o f the Property.
9. Possession. Possessi on o f the Property has been delivered to Buyer pursuant to the
Permi t a n d Right o f Entry Agreement. Upon the Close o f Escrow, the Permi t a n d Right o f Entry
Agr eement shall terminate and possessi on o f the Property shall be delivered to Buyer as the fee simple
owner.
10. Prorations. All utility costs, current real property taxes, i f any, wat er charges, i f any,
affecting the Property shall be p r o r a t e d a s o f the Close o f Escrow.
11. Real Estate Brokers. Each o f the parties hereto represents a n d warrants to the other
part y t hat all negotiations relative to this Agreement and the transaction herei n provi ded for have been
carri ed out by such party directly wi t h the other party without the intervention o f any person as a result
o f any act o f such party (and so far as known to such party, wi t hout the intervention o f any other
person) in such manner as to give rise to any valid claim against ei t her o f the parties hereto for a
b r o k e r ' s commission, f i nder ' s fee or ot her like payment. Each o f the parties hereto shall indemnify the
ot her part y against and hold it harmless from any and all loss, damage, liability or expense, including
costs and reasonable attorneys' fees, whi ch such other party may i ncur OJ: sustain by reason o f or in
connect i on wi t h any misrepresentation or breach o f warranty by the indemnifying party with respect to
the foregoing.
12. Representations and Warranties o f Seller. Seller represents, warrants and covenants to
Buyer that:
(a) Sel l er ' s Warranty o f Authority. Seller has the full power and authority to execute
and ent er into this Agreement and the authority to consummate the t ransact i on contemplated in this
Agreement.
(b) Enforceability. This Agreement constitutes the val i d and binding agreement o f
Seller, enforceable in accordance wi t h its terms, subject to applicable bankruptcy, insolvency and
cr edi t or s' rights laws generally.
(c) Due Diligence Deliverables. True, correct and complete copies o f all Due
Di l i gence Deliverables in Sel l er ' s possessi on shall be delivered to Buyer in accordance with Section
8(a).
(d) Environmental Condi t i on o f Property. There is not present upon the Property or
any por t i on t he r e of any Hazardous Materials, or any structures, fixtures, equi pment or other objects or
materials containing Hazardous Materials. There are no storage or treatment tanks, gas or oil wells, and
there has been no discharge, dumping, spillage, leakage, disposal, treatment or release o f any
Hazardous Materials on, under, about or adjacent to the Property including, but not limited to, soils and
ground or surface wat er in and around the Property, and the Property has never been used as a dump or
landfill site. There are no asbestos-containing materials on the Property nor is there or has there been
any PCB-containing electrical transformer, fluorescent light fixture wi t h ballasts or other PCB Item, as
defined at 40 C.F.R. Section 761.3, or any PCB-containing fluid on the Property. There are no
conditions present on, at, under or adjacent to the Property or any portion t he r e of that could constitute a
violation o f any Environmental Law. As used in this Agreement, "Hazardous Materials" shall mean
and refer to the following, wi t hout limitation:
{025696.3} 7
(i) Those substances included within the definitions o f hazardous
substances, hazardous waste, hazardous material, toxic substance, solid waste or pollutant or
contaminant in CERCLA, RCRA, FWPCA, TSCA, HMTA or any other Environmental Law (as
hereinafter defined);
(ii) Those substances listed in the United States Department o f
Transportation (DOT) Table [49 CFS 172.101], or by the Environmental Protection Agency (EPA), or
any successor agency, as hazardous substances [40 CFR Part 302];
(iii) Other substances, materials and wastes that are or become regulated or
classified as hazardous or toxic under federal, state or local laws or regulations; and
(iv) Any material, waste or substance that is:
( l ) a petroleum or refined petroleum product,
(2) asbestos,
(3) polychlorinated biphenyl,
(4) designated as a hazardous substance pursuant to 33 USCS § 1321
or listed pursuant to 33 USCS § 1317,
(5) a flammable explosive, or
(6) a radioactive material.
For purposes o f this Agreement, "Environmental Laws" means all federal, state, local
and municipal laws, rules, orders, regulations, statutes, ordinances, codes, decrees and requirements o f
any government authority regulating, relating to or imposing liability or standards o f conduct
concerning any Hazardous Material, or pertaining to occupational health or industrial hygiene or
occupational or environmental conditions on, under, about or adjacent to the Property, as now in effect,
including without limitation, the Comprehensive Environmental Response, Compensation and
Recovery Act o f 1980 (CERCLA) [42 USCS §§ 9601 et seq.]; the Resource Conservation and
Recovery Act o f 1976 (RCRA) [42 USCS §§ 6901 et seq.]; the Clean Water Act, also known as the
Federal Water Pollution Control Act (FWPCA) [33 USCS §§ 1251 et seq.]; the Toxic Substances
Control Act (TSCA) [15 USCS §§ 2601 et seq.]; the Hazardous Materials Transportation Act (HMTA)
[49 USCS §§1801 et seq.]; the Insecticide, Fungicide, Rodenticide Act [7 USCS §§ 136 et seq.]; the
Superfund Amendments and Reauthorization Act [42 USCS §§ 6901 et seq.]; the Clean Air Act [42
USCS §§ 7401 et seq.]; the Safe Drinking Water Act [42 USCS §§ 300f et seq.]; the Solid Waste
Disposal Act [42 USCS §§ 6901 et seq.]; the Surface Mining Control and Reclamation Act [30 USCS
§§ 1201 et seq.]; the Occupational Safety and Health Act [20 USCS §§ 655 and 657]; together with any
amendment o f or regulations promulgated under the statutes cited above and any other federal, state or
local law, statute, ordinance or regulation now in effect or previously existing that pertains to
occupational health or industrial hygiene.
Seller agrees that should Buyer discover any Hazardous Substance on the Property
during its excavation work prior to the Close o f Escrow, such Hazardous Substance removal shall be
deemed to be Seller' s responsibility, unless such Hazardous Substance release can be shown to have
{025696.3} 8
been caused by Buyer ' s activities on the Property. In the event o f the discovery o f such pre-existing
condition, Seller shall either terminate this Agreement and pay Buyer the costs identified in
Section 6(b)(ii) o f this Agreement or shall promptly remediate the Hazardous Substance release or
Buyer shall be entitled to do so and be reimbursed by Seller. Such remediation must occur promptly in
order to minimize any delay in Buyer ' s construction activities.
(e) Leases; Agreements. As o f the date o f this Agreement, Seller is not a party to
any lease agreement with respect to the Property, and as o f the date o f this Agreement there are no
tenants on the Property. As o f the Close o f Escrow, Seller shall not be a party to any Agreement with
respect to the Property, other than the Permit and Right o f Entry Agreement alid any Interim Lease
between Seller and Buyer, and there shall be no tenants on the Property, other than Buyer. From and
after the date o f this Agreement, Seller shall not create any leases or other agreements affecting the
Property without Buyer ' s prior written consent.
(f) Condition o f Property at Close o f Escrow. Subject to the development o f the
Property by Buyer under the Permit and Right o f Entry Agreement and/or the Interim Lease, Seller
shall maintain the Property until the Close o f Escrow in its present condition, construction work by
Buyer as provided hereunder excepted.
(g) Compliance. There is no aspect or condition o f the Property that violates any
applicable federal, state or local laws, rules, regulations or codes, including any Environmental Laws.
(h) Possessory Rights. At the Close o f Escrow, no person or entity will have any
right to possession o f the Property other than Buyer.
(i) Mechanics' Liens. There are no unsatisfied mechanics' or materialmen' s lien
rights concerning the Property.
G) Actions, Suits or Proceedings. There are no actions, suits or proceedings,
pending or threatened, before any commission, board, bureau, agency, arbitrator, court or tribunal
affecting, or that would affect, the Property or the right to occupy or utilize same.
(k) Notice o f Changes. Seller will promptly notify Buyer in writing o f any material
changes to the Property prior to Close o f Escrow.
(1) No Bankruptcy Proceedings. Seller IS not the subject o f any bankruptcy,
insolvency or probate proceeding.
(m) Title. Seller has title to the Property free and clear o f all liens, claims and
encumbrances except for the Permitted Exceptions.
(n) Taxes and Assessments. Seller is tax exempt and there are no taxes, charges and
assessments (special or otherwise) for all years up through and including 2008 required to be paid to
any taxing authority or other association, which, i f unpaid, could in any way constitute a lien against
the Property or any part thereof. Seller has not received any notice from any taxing authority,
governmental agency or other association: (i) asserting that Seller has failed to file or has improperly
filed any tax return or report required to be filed or o f any charges now owing by it which could in any
way now or hereafter constitute a lien or claim against the Property or any part thereof; or (ii) regarding
any pending or contemplated taxes, assessments, charges or fees which affect or will affect the
{025696.3} 9
Propert y ot her t h a n cust omar y propert y t axes/ assessment s, as r ef l ect ed in the Ti t l e Commi t ment . No
act i on or pr oceedi ng is n o w pendi ng by a government al agency or authority or ot her associ at i on for the
assessment or col l ect i on o f any s uc h taxes, charges or assessment s agai nst Seller.
(0) For ei gn Person. Sel l er is not a " f or e i gn per s on" as defi ned in the federal For ei gn
I nvest ment in Real Pr oper t y Ta x Ac t o f 1980 or the 1984 Ta x Re f or m Act, as amended.
(P) Wat er and Ut i l i t y Services. Th e Propert y is ser ved by city wat er and sewer, and
hook- up to all utilities, i ncl udi ng city sewer and wat er, el ect ri ci t y and nat ural g a s , i s or wi l l be pr ovi ded
to the Propert y line.
13.
Sel l er that:
/
Repr esent at i ons and Warrant i es o f Buyer. Buyer her eby represent s a n d warrant s to
(a) Bu y e r ' s Warrant y o f Authority. Buyer has the full p o we r a n d authority to
execut e and ent er into t hi s Agr eement and the authority to cons ummat e the t ransact i on cont empl at ed in
this Agreement .
(b) Enforceability. This Agr eement const i t ut es a val i d and bi ndi ng agr eement o f
Buyer, enforceabl e in accor dance wi t h its terms, subj ect to appl i cabl e bankruptcy, i nsol vency and
cr edi t or s ' rights l aws generally.
(c) Compl i ance wi t h Appl i cabl e Laws. Dur i ng the t e r m o f t h e Per mi t and Ri ght o f
Ent r y Agr eement and/ or the Int eri m Lease, Buyer shall compl y wi t h all state, federal and local laws in
the devel opment o f the Pr oper t y a n d the const ruct i on o f any i mpr ovement s t hereon. Buyer shall fully
i ndemni fy, def end a n d hol d Sel l er har ml ess from any vi ol at i ons or br eaches o f appl i cabl e laws,
appl i cabl e accessi bi l i t y st andards for di sabl ed persons, and cl ai ms ari si ng f r om const ruct i on o f the
i mpr ovement s on t h e Pr oper t y pr i or to the Cl ose o f Escrow. Sel l er acknowl edges t hat such
i ndemni f i cat i on does n o t i ncl ude i ndemni fi cat i on for di mi nut i on in val ue o f the Propert y arising from
the di scovery o f any Hazar dous Mat eri al s on the Propert y dur i ng the t e r m o f the Per mi t and Ri ght o f
Ent r y Agr e e me nt or excavat i on work, as pr ovi ded in Sect i on 12.
14. Survival. All o f the represent at i ons and warrant i es o f Buyer and Sel l er made in
conj unct i on wi t h a n d pur s uant to this Agreement , i ncl udi ng b u t not l i mi t ed to Sect i on 6, shall survive
the Cl os e o f Es c r o w a n d the del i very o f the Statutory War r ant y Deed.
15. Condi t i ons o f Closing.
(a) Bu y e r ' s Conditions. Bu y e r ' s obl i gat i ons to pur chase the Propert y on the Cl ose
o f Es c r ow are expr essl y condi t i oned u p o n e a c h o f the following:
(i) Ti t l e Insurance. Sel l er shall be pr epar ed to convey to Buyer good and
market abl e title to the Propert y subj ect onl y to the Per mi t t ed Except i ons, a n d the Es c r ow Hol der shall
be i rrevocabl y commi t t ed to i ssui ng the Ti t l e Policy, i ncl udi ng ext ended cover age i f r equest ed by and
p a i d for by Buyer. In the event t hat the Ne w Zoni ng is effect i ve b u t a legal par cel has n o t b e e n created,
the par t i es agree t hat the Pr oper t y shall be l eased to Buyer pur s uant to the Int eri m Lease descri bed in
Sect i on 6(b )(ii) unt i l the l egal par cel has be e n cr eat ed by Seller, wi t h Sel l er agreei ng to issue r equi r ed
bui l di ng per mi t s to a l l o w for const ruct i on and oper at i on o f the Faci l i t y under t h e Int eri m Lease and to
{025696.3} 10
proceed with all good faith and expedition to complete the land division required for the sale of the
Property.
(ii) New Zoning. The City of Bend Planning Division has changed the
zoning o f the Property to the New Zoning which allows for Buyer's intended use o f the Property and
contemplated possible expansion of the same.
(iii) State Highway Transportation Entitlement. The Property has been
entitled to place trips on the State Highway pursuant to Section 6(c) above.
(iv) Seller's Payment o f Traffic Impact Fee. Seller shall have delivered to
Escrow sufficient funds to satisfy its obligations pursuant to Section 6(c).
(v) Due Diligence. Buyer has approved o f the results of its investigation and
review o f the Property during the Due Diligence Period.
(vi) Buyer' s Inspection. Subject to the development o f the Property by Buyer
under the Permit and Right o f Entry Agreement and Interim Lease, Buyer' s determination that the
condition of the Property has not materially changed between the end o f the Due Diligence Period and
the Close o f Escrow.
(vii) Closing Warranties. The representations and warranties o f Seller
contained in this Agreement being true, correct and complete on and as o f the Close o f Escrow as if the
same were made on such date.
(viii) Delivery Into Escrow. Seller having delivered to Escrow all items
required by this Agreement and having complied with all other covenants and conditions of this
Agreement to be performed or complied with by Seller.
(b) Seller's Conditions. Seller's obligation to sell the Property on the Close of
Escrow is expressly conditioned upon each of the following:
(i) Closing Warranties. The representations and warranties o f Buyer
contained in this Agreement being true, correct and complete on and as o f the Close o f Escrow as if the
same were made on such date.
(ii) Buyer's Payment of Traffic Impact Fee. Buyer shall have delivered to
Escrow sufficient funds to satisfy its obligations pursuant to Section 6(c).
(iii) Delivery Into Escrow. Buyer shall have delivered to Escrow all items
required by this Agreement, including the Purchase Price, and shall have complied with all other
covenants and conditions o f this Agreement to be performed or complied with by Buyer.
16. Failure o f Conditions. If any o f the conditions specified in this Agreement fail to occur
prior to the Close o f Escrow, the party benefited by such condition shall have the power, exercisable by
giving written notice to the Escrow Holder and to the other party, to waive the condition or to cancel
the Escrow and terminate this Agreement. I f such failure is due to an event o f default by the other
party, then the remedies set forth in Section 18 shall apply.
{025696.3} 11
17. Force Majeure. Except as provided in Section 6(b)(ii), and Section 12(d), in the event
that either party (the "Delayed Party") is delayed or prevented from performing any o f its obligations
under this Agreement by reason o f extraordinary and unanticipated war, natural disaster or other cause
not brought about by the Delayed Party, i.e., land use appeals, and not related to any financial liability
or under the control on the part o f the Delayed Party, the time for performance o f the obligation by both
parties shall be extended by a period o f time equal to the period o f such delay or prevention; provided,
however, under no circumstance shall such delay exceed ninety (90) days. The Delayed Party will give
prompt written notice to the non-delayed party and Escrow Holder o f any event o f force majeure and its
expected length and shall use good faith efforts to minimize the resulting delay. I f the delay exceeds
ninety (90) days, or is reasonably expected to exceed ninety (90) days, then the non-delayed party may
elect to terminate this Agreement and the Escrow by providing the Delayed Party and Escrow Holder
with written notice o f such decision and thereafter, subject to any obligations or liabilities that arise
upon the termination o f this Agreement, the parties shall have no further obligations under this
Agreement.
18. DefaultlFailure to Close.
(a) Default by Seller. In the event Close o f Escrow does not occur as a result o f any
d e f a u l t o f this Agreement by Seller, Buyer shall be entitled to a return o f the Deposit and the Seller
shall pay all Escrow fees. In addition to the foregoing, Buyer shall be entitled to seek any and all
remedies available, both at law and in equity, for breach o f contract, including but not limited to
specific performance o f this Agreement, and for any damages suffered by Buyer as a result o f Seller' s
default.
(b) Default by Buyer. In the event Close o f Escrow does not occur by reason o f any
default o f this Agreement by Buyer, Buyer and Seller agree that Seller shall be entitled to retain that
portion o f the Deposit described in Section 2(a) as liquidated damages, and Buyer shall pay all escrow
fees. In the event o f such default, Seller may direct the Escrow Holder to immediately pay the Deposit,
plus the interest earned thereon, to the Seller upon receipt o f a signed statement from Seller that it has
complied in all respects with the terms o f this Agreement and that Buyer is in default o f this
Agreement. Seller shall serve this same notice to Buyer pursuant to Section 22. I f Buyer does not
dispute Sel l er' s claim within seven (7) days o f receipt o f such notice by notifying Seller and the
Escrow Holder o f its disagreement, then the Escrow Holder is hereby instructed that the Escrow Holder
shall not require Buyer' s written approval as a condition precedent to the disbursement o f the Deposit
to Seller. In the event Buyer does dispute whether a default has occurred, the Escrow Holder shall hold
the Deposit until the dispute is resolved. In the event that this Agreement terminates as a result o f a
breach by Buyer and Seller retains the Deposit as liquidated damages, neither party shall have any
further rights or obligations under this Agreement, except pursuant to the indemnity provisions
contained in Section 19.
(c) Default After Closing. The above sub-paragraphs (a) and (b) apply only to a
default which causes the Close o f Escrow not to occur. Should a default o f this Agreement occur after
Close o f Escrow, then the non-defaulting party shall have available to it, and shall be entitled to pursue
against the defaulting party, all remedies available for breach o f contract, both at law and in equity,
including, but not limited to, money damages or equitable relief, including specific performance and
injunctive relief.
{025696.3} 12
19. Indemnification.
(a) Seller's Indemnification. From and after the Close of Escrow, Seller shall
indemnify, defend, protect and hold harmless Buyer, Buyer's past, present and future parents,
subsidiaries and affiliates, and its and their respective directors, officers, shareholders, partners,
members, managers, trustees, employees, agents, attorneys, representatives, affiliates, predecessors in
interest, successors and assigns (collectively, the "Indemnified Parties"), from and against and in
respect to any and all claims, demands, damages, liabilities, losses, judgments, assessments, costs and
expenses (including reasonable attorneys' fees and costs) of any kind or nature whatsoever which may
be asserted by anyone against any o f the Indemnified Parties based upon or related to a breach o f any
representation, warranty or covenant made by Seller in this Agreement or in any exhibit, document,
statement, schedule or certificate delivered pursuant to this Agreement. Seller's indemnification
includes, without limitation, any claim against the Indemnified Parties alleging that (i) Buyer's
manufacturing facility built on the Property pursuant to Section 6(b) above fails to comply with the
Development Guidelines; (ii) Seller has failed to pay the Seller's ODOT Fee as set forth in Section
6(c); (iii) the consummation o f the transaction contemplated by this Agreement gives rise to any fee
owed to Juniper Ridge Partners; and (iv) any alleged violation o f prevailing wage laws pertaining to
work performed on Seller's property by Buyer, unless Seller has advised Buyer, in writing, that the
project is a public work and prevailing wages must be paid. Seller's obligations of indemnity set forth
in this Section 19 shall survive the Close o f Escrow and shall not be merged with the Statutory
Warranty Deed.
(b) Buyer's Indemnification. From and after the Close of Escrow, Buyer shall
indemnify, defend, protect and hold harmless Seller against and in respect to any and all claims,
demands, damages, liabilities, losses, judgments, assessments, costs and expenses (including
reasonable attorneys' fees and costs) of any kind or nature whatsoever which may be asserted by
anyone against Seller based upon or related to a breach of any representation, warranty, or covenant
made by Buyer in this Agreement or in any exhibit, document, schedule or certificate delivered by
- Buyer to Seller pursuant to this Agreement, as well as any claims arising from construction and
excavation/grading on the Property prior to the Close o f Escrow, subject to Seller's reimbursement
obligation in Section 6(a) above. Except where Buyer and Seller have agreed, in writing, that
prevailing wages are required to be paid on work being performed by Buyer, this indemnity shall not
apply to any claim made for prevailing wages. Seller acknowledges that such indemnification does not
include indemnification for diminution in value o f the Property arising from the discovery of any
Hazardous Materials on the Property during the term o f the Permit and Right o f Entry Agreement or
excavation during the Interim Lease.
20. Items to be Delivered at Close o f Escrow.
(a) Seller shall execute and/or deliver, or cause to be executed and/or delivered, the
following to Escrow Holder for delivery to Buyer on the Close o f Escrow:
(i) A Statutory Warranty Deed in the form attached hereto as Exhibit C (the
"Statutory Warranty Deed"), duly executed and acknowledged by Seller;
(ii) Any documents necessary to remove any exceptions from the Title
Commitment and any supplemental report (other than Permitted Exceptions) in the manner described
in Section 7 hereof;
{025696.3} 13
(iii) Any other documents, instruments or agreements required to be delivered
hereunder to Escrow Hol der or to Buyer in order to consummate the transactions contemplated hereby;
(iv) Sel l er ' s share o f the Traffic Impact Fee;
(v) Sel l er ' s share o f Escr ow Hol de r ' s costs and expenses, as herein
provided; and
(vi) Sel l er ' s payment o f any and all fees due and payable to Juniper Ridge
Partners.
(b) Buyer shall execute and/or deliver the following to the Escrow Holder for
delivery or disbursement to Seller on the Close o f Escrow:
(i) The Purchase Price and Buye r ' s share o f the Traffic Impact Fee;
(ii) Buye r ' s share o f Escrow Hol der ' s costs and expenses, as herein
provided; and
(iii) Any other documents, instruments or agreements requi red to be delivered
her eunder to Escr ow Holder or to Seller in or der to consummate the transactions contemplated hereby.
(c) On the Cl ose o f Escrow, the Escrow Hol der shall:
(i) Record the Statutory Warranty Deed in the Official Records;
(ii) Cause the Title Policy to be i ssued to Buyer wi t hi n five (5) business days
aft er the Close o f Escrow; and
(iii) Disburse the Purchase Price to Seller less (1) Sel l er ' s share o f Escrow
Ho l d e r ' s costs and expenses and other fees described above, (2) the cost o f the Title Policy, and (3) the
amount o f any other closing expense payable by Seller pursuant to the terms o f this Agreement.
21. Best Efforts. Buyer and Seller shall each act in good faith and shall each use its best
efforts to ensure that its obligations hereunder are fully and punctually performed. Buyer and Seller
shall perform any further acts and execute a n d deliver any other documents or instruments that may be
reasonably necessary to carry out the purpose and intent o f this Agreement.
22. Notices. All notices and demands o f any kind that either part y may be required or may
desire to serve upon the other party shall be in writing and shall be served upon such other party by
personal service, by facsimile transmission followed by mail delivery o f the original o f such notice, or
by mai l i ng a copy thereof, certified mail, return receipt requested, postage prepaid, or by overnight
mail, wi t h receipt o f delivery, addressed as follows:
{025696.3} 14
I f to Buyer:
I f to Seller:
Suterra LLC
c/o Roll International Corporation
11444 W. Olympic Boulevard, 10th Floor
Los Angeles, California 90064
Attention: Chi ef Legal Officer
Telephone: (310) 966-5700
Facsimile: (310) 966-5758
City o f Bend
710 NW Wall Street
Bend, OR 97701
Attention: City Manager
Telephone: (541) 382-3917
Facsimile: (541) 385-6676
Service by mail shall be deemed complete on the date o f actual delivery or three (3) business days after
being sent via certified mail. Service by facsimile transmission shall be deemed served upon receipt o f
the facsimile transmission, i f followed by mail delivery o f the original. The addresses to which notices
and demands shall be delivered or sent may be changed from time to time by notice to the other party.
23. Foreign Persons; Tax I.D. Number.
(a) Seller. Seller hereby certifies that it is not a "foreign person" as defined in
Section 1445 o f t h e Internal Revenue Code. Seller' s federal tax I.D. number is 93-6002126.
(b) Buyer. Buyer hereby certifies that it is not a "foreign person" as defined in
Section 1445 o f the Internal Revenue Code. Buyer' s federal tax I.D. number is 95-4723345.
24. Binding Effect. This Agreement shall inure to the benefit o f and be binding upon the
parties hereto and their respective heirs, successors and permitted assigns.
25. Time is o f the Essence. Time is o f the essence in this Agreement.
26. Severability. I f any term, provision, covenant or condition o f this Agreement is held by
a court o f competent jurisdiction to be invalid, void or unenforceable, the remainder o f the provisions
her eof shall remain in full force and effect. However, unless such stricken term, provision, covenant or
condition goes to the essence o f the consideration bargained for by a party, the remaining terms,
provisions, covenants and conditions o f this Agreement shall continue in full force and effect, and to
the extent required, shall be modified to preserve their validity.
27. Entire Agreement. This Agreement constitutes the sole and only agreement between
Buyer and Seller concerning the Property and their rights and duties in connection with the Property.
Any prior or other agreements or representations between Buyer and Seller regarding such matters,
including, without limitation, that certain Offer to Purchase, dated June 13, 2008, by and between
Buyer and Seller, shall be null and void, unless otherwise expressly set forth in this Agreement.
28. Governing Law. This Agreement shall be governed by and construed in accordance
with the.laws o f the State o f Oregon. Any suit brought hereon shall be brought in the state court in
{025696.3} 15
Deschutes County or in federal courts sitting in Oregon, the parties hereby waiving any claim or
defense that such forum is not convenient or proper.
29. Counterparts. This Agreement may be executed and delivered (including by facsimile
transmission) in counterparts and all counterparts so executed shall constitute one agreement binding
on all parties hereto. I t shall not be necessary for each party to execute the same counterpart hereof.
30. Assignment. Except for the below-enumerated specifically-permitted assignments,
Buyer may not assign this Agreement without the written consent o f Seller, exercisable in Sel l er' s sole
discretion. This limitation on assignment is based upon the importance to Seller o f the unique
economic, environmental, and employment aspects o f Buyer ' s manufacturing operation. Buyer may
assign this Agreement and all rights and obligations hereunder without Seller' s consent to any parent,
subsidiary or affiliate o f Buyer, including the Stewart A. Resnick Family Trust o f 1985, as long as the
assignment or exchange does not alter the anticipated use o f the Property as provided in this
Agreement. In addition, each o f Buyer and Seller may assign this Agreement and its rights and
obligations hereunder without the other party' s consent in connection with an Internal Revenue Code
§ 1031 exchange as contemplated by Section 37 below subject to the above limitation on the
anticipated use o f the Property. Except for an Internal Revenue Code § 1031 exchange as contemplated
by Section 37 below, any assignment by Seller o f its rights and obligations under this Agreement shall
be subject to Buyer ' s prior written consent, exercisable in Buyer ' s sole discretion. Any assignment by
Seller shall not relieve it o f any o f its liabilities or obligations under this Agreement.
31. Survival; No Merger. The waivers, covenants, releases, indemnities, representations,
obligations, and warranties contained in this Agreement shall all survive the Close o f Escrow and shall
not merge into the Statutory Warranty Deed and the recordation o f it in the Official Records.
32. Headings. Section headings contained in this Agreement are for reference purposes
only and will not be deemed to be a part o f this Agreement or to affect the meaning or interpretation o f
this Agreement.
33. Exhibits Incorporated by Reference. All Exhibits cited I n this Agreement are
incorporated by reference into this Agreement for all purposes.
34. Defined Terms. Capitalized terms shall have the meaning given them in the text o f t h i s
Agreement.
35. Interpretation. This Agreement is the result o f arms-length negotiations between the
Seller and Buyer. Therefore, any ambiguity subject to interpretation contained herein shall not be
construed against Seller by reason o f its preparation o f this Agreement.
36. Modification. This Agreement may not be modified or amended except by a written
instrument duly executed by the parties.
37. Option To Exchange. Each party (the "Exchanging Party") shall have the right to
consummate the transaction contemplated by this Agreement as part o f a tax deferred exchange under
Internal Revenue Code § 1031, as amended. Each party agrees to execute such additional escrow
instructions, documents, agreements or instruments as may be necessary to effectuate such exchange.
Each party agrees to reasonably cooperate with the Exchanging Party so as to effectuate such tax
{025696.3} 16
deferred exchange so long as there is no additional expense to the other party by reason o f its
cooperation.
[ REMAI NDER OF PAGE I NTENTI ONALLY LEFT BLANK-
SI GNATURE PAGE FOLLOWS]
{025696.3} 17
THE PROPERTY DESCRIBED IN THIS INSTRUMENT MAY NOT BE WITHIN A FIRE
PROTECTION DISTRICT PROTECTING STRUCTURES. THE PROPERTY IS SUBJECT TO
LAND USE LAWS AND REGULATIONS THAT, IN FARM OR FOREST ZONES, MAY NOT
AUTHORIZE CONSTRUCTION OR SITING OF A RESIDENCE AND THAT LIMIT LAWSUITS
AGAINST FARMI NG OR FOREST PRACTICES, AS DEFINED IN ORS 30.930, IN ALL ZONES.
BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE
TITLE SHOULD INQUIRE ABOUT THE PERSON' S RIGHTS, IF ANY, UNDER ORS 195.300,
195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS
2007. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON ACQUIRING
FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE APPROPRIATE CITY OR
COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE UNIT OF LAND BEING
TRANSFERRED IS A LAWFULL Y ESTABLISHED LOT OR PARCEL, AS DEFINED IN ORS
92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, TO VERIFY
THE EXISTENCE OF FIRE PROTECTION FOR STRUCTURES AND TO INQUIRE ABOUT THE
RIGHTS OF NEIGHBORING PROPERTY OWNERS, IF ANY, UNDER ORS 195.300, 195.301
AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as o f the date and year first
above written.
BUYER:
SUTERRA LLC,
a Delaware limited liability company
By: ~
Nam~ C; ; ; C;
Title: Q ~ 5\l~ yer
SELLER:
CITY OF BEND,
an Oregon Municipal Government
By: _
Eric King
City Manager
AGREED AND ACCEPTED BY:
AMERITITLE, INC.
By: _
Its Authorized Signatory
K:\1B5B5B9\00001\1B009_BAJ\1B009A23VA==Purchase Agreement FINAL 10-21..QB.doc
{025696.3} 18
{025696.3}
Exhi bi t A
Exhi bi t B
Exhi bi t C
LIST OF EXHIBITS
Legal Description
For m o f Permi t and Ri ght o f Entry Agreement
For m o f Statutory Warranty Deed
1
{025696.3}
EXHIBIT A
Legal Description
Attached.
1
LEGAL DESCRI PTI ON
SUTERRAPARCEL
A PARCEL OF LAND BEI NG A PORTI ON OF PARCEL 1, AS SHOWN ON PARTI TI ON PLAT NO.
2007-78, OFFI CI AL RECORDS OF DESCHUTES COUNTY, OREGON, LOCATED IN
THE SOUTHWEST QUARTER OF SECTI ON 10, TOWNSHIP 17 SOUTH, RANGE 12 EAST,
WI I LAMETTE MERIDIAN, CI TY OF BEND, DESCHUTES COUNTY, OREGON, BEI NG MORE
PARTI CULARLY DESCRIBED AS FOLLOWS:
BEGI NNI NG AT A POI NT LYI NG SOUTH 8 2 ° 0 0 ' 4 6 " EAST, A DISTANCE OF 1463. 74 FEET FROM
THE QUARTER CORNER COMMON TO SECTIONS 9 & 10, TOWNSHIP 17 SOUTH, RANGE 12
EAST, Wl LLMETTE MERIDIAN, MARKED BY A 3 1/2" DI AMETER ALUMI NUM CAP STAMPED
PROPERTY CORNER, 1/4, T17S Ri 2 E, S9 S10, LS 1081,1993;
THENCE, EAST, A DI STANCE OF 580.00 FEET, TO A POINT;
THENCE, SOUTH, A DI STANCE OF 600. 00 FEET, TO A POINT;
THENCE, WEST, A DI STANCE OF 580. 00 FEEr , TO A POINT;
THENCE, NORTH, A DISTANCE OF 600. 00 FEET, TO THE POI NT OF BEGI NNI NG.
SAID P ARCEL CONTAINING 7.99 ACRES, MORE OR LESS.
BEARI NGS ARE BASED ON P ARTmON PLAT NO. 2007-78, RECORDED AS CS17585 I N THE
DESCHUTES COUNTY SURVEY RECORDS.
REGI STERED
PROFESSI ONAL
LAND SURVEYOR
t
OREGON
JUNE30, 1997
DANIEL E. WOBBE
2 8 2 5
EXPIRES QG, $QL.QJ 0
35682_Suterra....M&B_ Legal.docx PAGE 1 OF2
FOUND PIPE MONUMENT WITH
3 1 / 2 " DIA. ALUM. CAP
[O.C.R.R. NO. 1 2 4 7 ON FILE AT THE
DESCHUTES COUNTY SURVEYORS OFFICE]
CALCULATED CENTER
QUARTER CORNER " "
- - - ; 1 0 1 - - -
b
a
ci
a
10
EAST 580. 00'
SUTERRA
PARCEL
i:!: 7. 99± ACRES
~
z
POINT OF BEGINNING
l?t.~TY C0-B
Q..~O 1 / 4 ~
T17S R12E
9
X\UTES COG,:
!!jG ~.A
¬´;:j T17S R12E ,.J...
1/4 ~ •.!.E..
S 15
1 9 8 7
~ LS 1020 6'
~»VRS oyX"
REGI STERED '
" PROFESSi ONAL "
LAND SURVEYOR
:J::;:;;fJNl .
r OREGON
JUNE SO, 1997
DANIELE, WOOBe
2625 I
EXPIRES 2.'" Soz..o,o 16
-~
-
2624. 00'
LS
~!2!2..
16115
FOUND IRON ROD WITH
3 1 / 4 " DIA. ALUM. CAP
[O.C.R.R. NO. 144 ON FILE AT THE
DESCHUTES COUNTY SURVEYORS OFFICE]
WEST 580. 00'
SW 1/ 4 SECTI ON 10
FOUND 2 1 / 2 " DIA.
BRASS CAP MONUMENT
MONUMENT APPEARS TO BE DISTURBED
(POSITION HELD FROM JUNE 2 9 , 2006 SURVEY
PRIOR TO MONUMENT BEING DISTURBED)
[O.C.R.R. NO. 143 ON FILE AT THE
DESCHUTES COUNTY SURVEYORS OFFICE]
DISTURBED MONUMENT FOUND 0. 43' , S 68' 48' 40" W
FROM ITS ORIGINAL POS/TION ""'--="'!"""-.....,,""".
/l
/
/
/
/
/
/
/ -
/ ---
to _ - - -- - : -
- - - -
ORAWlNG.;;.;;lNFO-=-- II-=.::.::.:.:.c:::..::,-_ _1ISHEET NUMBER
2of 2
EXHIBIT MAP
SUTERRA PARCEL - JUNIPER RIDGE
CITY OF BEND
SUTERRA
35682
1"=500' PLaTDATI! 10f2112OOB HPaCllic
{025696.3}
EXHIBITB
For m o f Permi t and Right o f Entry Agreement
.Attached.
1
PERMI T AND RI GHT OF ENTRY
RECI TALS
A. The City o f Bend, an Oregon municipal government (the "City"), is the owner of
certain real property located in the City of Bend, Oregon, in the area to be known as the Juniper
Ridge Development ("Development").
B. Suterra LLC, a Delaware limited liability company ("Permittee"), intends t o '
enter into a Purchase Agreement with the City in order to purchase approximately 7.99 acres of
undeveloped real property located within the Development, as shown and described on the
attached Exhi bi t A (the " Pr oper t y" ) , in order to construct and operate a new manufacturing
facility (the "Facility").
C. In order to allow for sale o f the Property to Permittee and the construction o f the
Facility, a zone change must first occur. In the meantime, in order to meet its construction
schedule, Permittee requires early access to a portion o f adjacent City property, shown on the
attached Exhi bi t D, for the purpose of rough grading an access way into the Property so that
Permittee may begin grading activities on the Property, pre-closing, which the City hereby agrees
to allow. The City' s adjoining property where the rough grade road work will be done and the
Property are collectively referred to herein as the " Pe r mi t Premises." Permittee has been issued
a grading permit by the City which allows for Permittee to immediately begin all work provided
for under the grading permit including but not limited to site clearing, rock crushing, rough
grading work and filling in the building pad (the " Wo r k " ) .
D. The Work will be conducted in accordance with plans already approved by the
City and with the requirements o f the grading permit.
NOW, THEREFORE, in consideration of the promises and covenants contained in this Permit
and Right of Entry (this "Per mi t ") and other good and valuable consideration, the receipt and
sufficiency o f which are hereby acknowledged, the parties agree as follows:
1. GRANT OF RI GHT TO USE THE PERMI T PREMI SES
The foregoing Recitals are incorporated by reference herein. The City hereby grants Permittee,
and its contractor, Knife River (the "Cont r act or ") , the non-exclusive right to enter upon the
Permit Premises, in accordance with the terms and conditions set forth below. Permittee may
also allow its engineers and other consultants access to the Permit Premises and shall be
responsible for their activities thereon.
2. PERMI TTED USE
This Permit authorizes Permittee and Permittee's Contractor to enter upon the Permit Premises
for the purpose o f conducting the Work described above ( " Per mi t t ed Use"). Permittee shall use
the Permit Premises solely for the purposes set forth in this Permit.
1 - Permit & Right of Entry
3. TERM OF PERMIT
The term o f this Permi t shall commence on October 4, 2008 (the "Commencement Date") and
shall terminate on completion o f the Work. The scope o f the Permitted Use may be expanded by
amendment hereto.
4. DAMAGE TO PROPERTY
Permittee shall be responsible for any damage to people or property caused in connection with
Per mi t t ee' s Permitted Use under this Permit. Provided, however, t hat i f for any reason the sale
o f the Property to Permittee does not close, Permittee shall have no obligation to restore the
Permit Premises to their pre-existing condition and all o f the Work done hereunder shall be
allowed to remai n in place by the City and shall not be considered damage to the Permit
Premises. However, Permittee shall leave the site in a clean, smoothly graded condition, free o f
hazards, debris or other deleterious materials.
5. COMPENSATION TO BE PAID BY PERMITTEE
No permi t fee is required under the terms o f this Permit. Permittee may also remove fill material
from the Exhibit B property in the course o f its rough grading to use on the Property as fill
material free o f charge.
6. TERMINATION
This Permit will terminate upon the closing o f the sale o f the Property to Permittee or the
determination by the City and Permittee that the sale will not occur.
7. NO LI ENS
Permittee agrees to pay, when due, all sums for labor, services, materials, supplies, utilities,
furnishings, machinery, or equipment provided to the Permit Premises. Permittee shall not suffer
or per mi t any liens to attach to all or any part o f the Permit Premises or any interest o f Permittee
in the Permit Premises by reason o f any work, labor, services, or materials done for, or supplied
to, or claimed to have been done for or supplied to, Permittee, Permi t t ee' s Contractor or anyone
occupying or holding an interest o f Permittee in all or any par t o f the Permit Premises through or
under Permittee. I f any lien is filed against the Permit Premises, Permittee shall cause the lien to
be discharged o f record within thirty (30) days after the date o f filing o f the same, by payment,
deposit or bond. In the event that Permittee fails to remove the lien within thirty (30) days, then
the City shall automatically have the right, but not the obligation, to pay the lien o f f wi t h no
notice to Permittee and Permittee shall immediately reimburse the City for any sums so pai d to
remove any such lien.
8. PERMITTEE'S INDEMNITY AND REIMBURSEMENT OBLIGATIONS
Permittee agrees to defend, indemnify, and hol d harmless the City from and against, and
reimburse the City for, any and all claims, damages, expenses, costs, fees (including, but not
limited to, attorney, accountant, paralegal, expert, and escrow fees), fines and/or penalties
(collectively " Cos t s " ) whi ch may be imposed upon or claimed against or incurred by the City and
which arise from any o f the following, unless resulting from the Ci t y' s negligent or willful
misconduct: (a) any negligent act or omission o f Permittee; (b) any breach, violation or
nonperformance o f any o f Permi t t ee' s obligations under this Permit; or (c) any damage caused by
2 - Permit & Ri ght o f Entry
Permittee on or to the Permit Premises or any adjoining property. For purposes o f this Section,
"Permittee" shall be deemed to include Permittee and Permittee's Contractor as well as any o f
Permittee' s assigns and all respective partners, officers, directors, agents, employees, invitees,
licensees and/or consultants. This indemnity shall only apply during the term o f this Permit and
does not apply to Work allowed to be left in place pursuant to Section 4.
9. NO BENEFIT TO TIDRD PARTIES
Nothing in this Permit gives or shall be construed to give or provide any benefit, direct, indirect,
or otherwise, to third parties unless third parties are expressly described as intended to be
beneficiaries o f its terms.
10. INSURANCE
10.1 General
The insurance requirements set forth below do not in any way limit the amount or scope
o f liability o f Permittee under this Permit. The amounts listed indicate only the minimum
amounts o f insurance coverage the City is willing to accept to help insure full performance o f all
terms and conditions o f this Permit. Permittee shall be fully responsible for the actions o f
Permittee' s Contractor on the Premises and nothing contained herein shall be construed to limit
Permittee' s liability therefor. All insurance required by this Permit shall meet the following
minimum requirements:
10.2 Required Insurance
At all times during this Permit, Permittee and its Contractor shall provide and maintain
the following types o f coverage:
10.2.1 General Liability Insurance
Permittee and its Contractor shall maintain an occurrence form commercial
general liability policy insuring Permittee against liability for personal injury, bodily injury,
death, or damage to property, including loss o f use thereof, and occurring on or in any way
related to the Permit Premises or occasioned by reason o f the operations o f Permittee. Such
coverage shall name the City as an additional insured, shall be in an amount o f not less than ONE
MILLION DOLLARS ($1,000,000.00) per occurrence, and shall include coverage for
independent contractors, products-completed operations, and contractual liability (including the
tort liability o f another assumed in a business contract). If subject to an aggregate limit, such
aggregate shall not be less than ONE MILLION DOLLARS ($1,000,000.00) per policy year
applying separately to the Permit Premises or TWO MILLION DOLLARS ($2,000,000.00) per
policy year.
10.2.2 Automobile Liability Insurance
Permittee and its Contractor shall maintain an automobile liability policy insuring
against liability for bodily injury, death, or damage to property, including the loss o f use thereof,
arising from the use, loading and unloading o f Permittee's owned, hired, and non-owned
automobiles on and around the Permit Premises. Coverage shall be in an amount o f not less than
ONE MILLION DOLLARS ($1,000,000.00) per accident.
3 - Permit & Right o f Entry
10.2.3 Workers' Compensation Insurance
Permittee and its Contractor shall maintain in force workers' compensation and
employer's liability insurance coverage for all o f Permittee's and such Contractor's employees in
accordance with all requirements o f Oregon law and employer's liability insurance coverage in
an amount o f not less than FIVE HUNDRED THOUSAND DOLLARS ($500,000.00) per
accident and FIVE HUNDRED THOUSAND DOLLARS ($500,000.00) per employee for
disease. In lieu o f workers' compensation insurance, Permittee and Contractor may maintain a
self-insurance program meeting the requirements o f the State o f Oregon and a policy o f excess
workers' compensation and employer's liability insurance.
11. ASSIGNMENT OR TRANSFER OF INTEREST OR RIGHTS VOID
Permittee shall not, in any manner, directly or indirectly, by operation o f law or otherwise,
sublease, assign, transfer, or encumber any o f Permittee's rights granted by this instrument, and
any such action is void.
12. WARRANTIES/GUARANTEES
The City makes no warranty, guarantee, or averment o f any nature whatsoever concerning the
physical condition of the Permit Premises, and it i s agreed that the City will not be responsible
for, and Permittee hereby releases the City, its commissioners, officers, employees, agents and
contractors from, any loss, damage, or costs which may be incurred by Permittee by reason of
any such physical condition.
13. COMPLIANCE WITH LAW
Permittee shall comply with all applicable state, federal, and local laws, including, but not
limited to, health and safety laws, City o f Bend ordinances and laws, rules, regulations, and
policies concerning equal opportunity, nondiscrimination, workers' compensation, and minimum
wage requirements.
14. NOTICES
All notices required under this Permit shall be deemed properly served i f hand delivered
(including by reputable overnight courier) or sent by certified mail, return receipt requested, to
the last address previously furnished by the parties hereto. Until hereafter changed by the parties
by notice in writing, notices shall be sent to the parties at the addresses set forth below:
Suterra LLC
c/o Roll International Corporation
11444 W. Olympic Boulevard, 10th Floor
Los Angeles, CA 90064
Attention: Chief Legal Officer
Telephone: (310) 966-5700
Facsimile: (310) 966-5758
4 - Permit & Right of Entry
City of Bend
710 NW Wall Street
Bend, OR 97701
Attention: City Manager
Telephone: (541) 382-3917
Facsimile: (541) 385-6676
If'mailed, the notice shall.be deemed received five (5) days atter the date $tich notice isdeposited
,in' a 'post' office of the United States Postal Service, postage prepaid, return, receipt. requested,
certified mail. I f delivered by hand Qr ovemigbrcourier, the notice shall' be ueemed received 'as'
of the date o fdelivery or refusal of delivery.
1$; LIMITATION ON CITY't,iABiLITY'
The City'shall have no liability to Permitteefor, and Permittee herebyreleases t~e City'ir9:1U,any
loss,.. damage or i nj ury "suffered by Permittee :01i account of' fueft..'oi" any act.or omission of-any
thfr4 party. In addition, in all events whether relating to the JQ~goirtg seiJ.t~ce c:fr' otherwise, the
City shall only be liable to Permittee for the City~s :owl1wiliful misconduct or negligence.
i6. GOVERNING LAW
This, Permit shall be governed and, 'construed according, to the laws, of the' State o f Oregon.
without regard to its choice'of law provisions. Venue-sbali be, in,Pesc~u~es, County,
17. WARRANTY OF AUTHORITY
The individuals executing this Permit warrant that't.b;ey have 'full authorityto execute this Permit
on b~ha.lf of the entityfor whom they areacting herein,
18. ENTIRE AGREEMENT ,&- EXECUTION'
This.' Permit represents the entire !tgreem;eri,t between the parties, and supersedes all prior
agreements, written, or oral, with respect' to tQ.~ terms 'of th~s,: P~111+jt Ni:»' ~e.Q~ent to this
Permlt shall be effective unless in writing' and signedbythe.parties hereto: 'This Agreement may
be executed in counterpart•
Dat ed this 3r'd day o f October, 2008.
PERMITTEE:
SUTlfiRRA LLC
By: ~.v\..
Name: '
As Its: ~¬´
5 - Permit & Ri ght of Entry
. c ;
~~G::;za~~::::::::.::,;.~__P; t : ':.:::"",.:.:,'~.k-( 7
~~~~~~'CLL!J.~~'1~
Exhibit A - Permit & Right o f Entry
Ex h i b i t A
Map o f Property
Exhibit B
Map o f Adjacent City Property
Exhibit B Permit & Right o f Entry
(025696.3)
EXHIBITC
For m o f Statutory Warranty De e d
Attached.
1
AFTER RECORDI NG RETURN To :
Barbara A. Jacobson
Kirkpatrick & Lockhart Preston Gates Ellis LLP
222 SW Columbia Street, Suite 1400
Portland, OR 97201
Until a change is requested, all tax statements
shall be sent to the following address:
Suterra LLC
c/o David S. Prall
Associate General Counsel
Roll International Corporation
11444 West Olympic Boulevard
Los Angeles, CA 90064 '
STATUTORY WARRANTY DEED
The City o f Bend, an Oregon municipal government, the Gr a n t o r , owning 100% interest
in the Property, hereby conveys and warrants to Suterra LLC, a Delaware limited liability
company, the Gr a n t e e , the real property legally described on Ex h i b i t A, attached hereto and
incorporated by reference herein, together with any and all improvements located thereon, i f any,
including any air, water and mineral rights, free and clear o f all liens and encumbrances.
The true consideration for this conveyance is TWO MILLION FOUR HUNDRED
THIRTY-SIX THOUSAND THREE HUNDRED TEN DOLLARS ($2,436,310).
BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING
FEE TITLE SHOULD INQUIRE ABOUT THE PERSON'S RIGHTS, IF ANY, UNDER ORS
195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424,
OREGON LAWS 2007. THIS INSTRUMENT DOES NOT ALLOW USE OF THE PROPERTY
DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND USE LAWS
AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE
PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE
APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE
UNIT OF LAND BEING TRANSFERRED IS A LAWFULLY ESTABLISHED LOT' OR
PARCEL, AS DEFINED IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF
THE LOT OR PARCEL, TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST
FARMING OR FOREST PRACTICES, AS DEFINED IN ORS 30.930, AND TO INQUIRE
ABOUT THE RIGHTS OF NEIGHBORING PROPERTY OWNERS, IF ANY, UNDER ORS
195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424,
OREGON LAWS 2007.
[Remainder o fpage intentionally left blank; signatures continue onf ol l owi ngpage ]
Statutory Warranty Deed Page 1 o f 4
DATEDt h i s d a y o f , 2 0 0 8 .
CI TY OF BEND, an Or egon municipal gover nment
By: _
Name:
- - - - - - - - - - - - - - - -
As Its: _
STATE OF OREGON )
) ss.
Counry )
On t hi s day o f , 2008, before me, a Not ar y Public in and for said
state, personal l y appear ed , o f
the City o f Bend, an Or egon muni ci pal gover nment (the "Ci t y") , and stated that he/ she execut ed
the foregoing St at ut ory Warranty De e d and acknowl edged it to be the free and vol unt ary act and
deed o f the Ci t y, for the uses and purposes t herei n mentioned, and on oat h st at ed t hat he/ she is
. aut hori zed to execut e t hi s i nst rument on b e h a l f o f the City,
Not ar y Publ i c for
My commi ssi on expires:
[Signatures continue on f ol l owi ng pageJ
Statutory Warranty Deed Page 2 o f 4
STATE OF _
Co u n t y o f _
SUTERRA LLC, a Del aware limited liability
company
By: _
Name:
- - - - - - - - - - - - - - - - -
As Its: _
)
) ss.
)
On this day o f , 2008, before me, a Not ary Publ i c in and for said
state, personal l y appeared o f
the Sut erra LLC, a Del aware limited liability company ("Suterra"), and stated that he/she
execut ed the foregoing Statutory Warrant y De e d and acknowledged it to be the free and
voluntary act and deed o f Suterra, for the uses and purposes therein mentioned, and on oath
stated t hat he/she is authorized to execute this i nst rument on b e h a l f o f Suterra.
Not ar y Public for
My commi ssi on expires: 

Anonymous said...

Most of us can keep our eyes on more than one thing. We graduated kindergarten.

***

In today's kindergarten keeping your eyes on more than one thing would be considered ADD/HD and require ritalin so that little Johnny can F O C U S on one thing.

Anonymous said...

Most of us can keep our eyes on more than one thing. We graduated kindergarten.

*

Bruce, that was 45+ years ago, why are you still there?

I know its for the children.

Anonymous said...

In today's kindergarten keeping your eyes on more than one thing would be considered ADD/HD and require ritalin so that little Johnny can F O C U S on one thing.

*

That one thing, be TV, god bless AmeriKKKa.

Anonymous said...

Roll International Corporation

*

This private holding-company, that is the legal bagman for Suterra is VERY interesting.

Looks like ole Bend, has finally got herself hooked up with the MOB for real!

Were going to be a seeing a lot more strange deaths. Suttera LLC fights very nasty, and 'ROLL INTL' is a major holding company.

Move up to BEND, CALIF, where you can be close to CALI, but far from those nasty environmental laws. In BEND, a good lawyer can keep city hall in his/her pocket very nice.

Citizens in BEND? Are you out of your fucking mind, the media is controlled by one geriatric senile bitter old PUG.

Anonymous said...

The ROLL CORP, ... Biotech Brigade

**

Madeleine Albright

Trustee


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Prince Bandar bin Abdul Aziz

Trustee


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David Gergen

Trustee


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Stewart Resnick

Roll International Corp and Wife are members/supproters of Aspen. Other Aspen members listed below.


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Richard Armitage

Aspen Strategy Group Member


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Brent Scowcroft

Aspen Strategy Group Member


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Richard Lugar

Aspen Strategy Group Member


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Chuck Hagel

Aspen Strategy Group Member


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John M. Deutch

Member of Strategy Group, full list below as of 2004


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David H. Koch

Board of trustees, David H. Koch, Executive Vice President, Chemical Technology, Koch Industries, Inc. Koch, largest toxic waste crimes in US history. full trustee list below


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Lynda Resnick

Board of Trustees, Lynda Resnick, Co-Owner and Vice Chairman, Roll International Corporation


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Jack D. Furst

Board of Trustees, Jack D. Furst, Partner, Hicks, Muse, Tate & Furst. Their corporate ties are notable.


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Roll International Corporation

Trustee, Lynda Resnick, Co-Owner and Vice Chairman, Roll International Corporation


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Motion Picture Association of America (MPAA)

Trustee, Jack Valenti, Chairman and CEO, Motion Picture Association


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Boeing

Trustee, Thomas R. Pickering, Senior Vice President, Int'l Relations, The Boeing Company


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Saudi Arabia

Trustee, Prince Bandar Bin Sultan, Ambassador of the Kingdom of Saudi Arabia to the United States


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Yale Law School

Trustee, Stephen L. Carter, Professor of Law, Yale University Law School


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Booz Allen Hamilton

Trustee, Paul F. Anderson, Senior Vice President, Booz-Allen & Hamilton Inc.


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Koch Industries

Trustee, America's most toxic polluter, David H. Koch, Executive Vice President, Chemical Technology, Koch Industries, Inc.


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Harvard University

Trustee, David Gergen, Prof/Pol Sci, John F. Kennedy School of Government; Editor-at-Large, US News & World Report


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Hicks Muse Tate & Furst

Trustee, Jack D. Furst, Partner, Hicks, Muse, Tate & Furst now HM Capital partners.


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HM Capital Partners- was Hicks, Muse, Tate & Furst

Trustee, Jack D. Furst, Partner, Hicks, Muse, Tate & Furst now HM Capital partners.


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AOL Time Warner

Trustee, Gerald M. Levin, Retired CEO, AOL Time Warner, Inc.


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Time Magazine

Trustee, Gerald M. Levin, Retired CEO, AOL Time Warner, Inc.


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Morgan Stanley

Trustee, Frederick B. Whittemore, Advisory Director, Morgan Stanley & Co., Inc


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William Donaldson

Trustee, William H. Donaldson, resigned January 2003; nominated chairman of the US Securities and Exchange Commission


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Goldman & Sachs

Trustee, Roderick K. von Lipsey, vice president at Goldman, Sachs & Co., Private Wealth Management, Investment Management Division


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Sam Nunn

Strategy Director


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Michael Eisner

Trustee, Michael Eisner, established/funded the Eisner Foundation, philanthropic organization headed by his wife, Jane.


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US Export-Import Bank

Trustee, Philip Merrill, "leave of absence"; Chairman, Capital-Gazette Communications; appointed head of U.S. Export-Import Bank


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Biotech Brigade

In addition to Roll International taking the water and tree nut markets, the petrochemical and power nexus is here.


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Douglas Bereuter

The Congressman had twice yearly vacations, winter and summer courtesy of Aspen going back to 1995 by my records.


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Alphonso Jackson

Member of the Board of JP Morgan Chase, American Red Cross, Aspen Institute Fellow (1995)


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Ann McLaughlin Korologos

Ann McLaughlin Korologos is chairman emeritus of the Aspen Institute. She is currently a senior advisor at Benedetto and Gartland & Company and a member of the Board of Directors of the Microsoft Cor...


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Sentigen Holding Corp.

Aspen Director Gerald Greenwald is currently a director of Calpine Corporation (power company) and Sentigen Holding Corp. (provides goods and services in the domestic biotechnology and pharmaceutical...


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Richard J. Danzig

Aspen Institute senior mentor.


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Susan Crown

Aspen mentor - Susan Crown is a Vice President at Henry Crown and Company, a family-owned and operated company, which includes diversified manufacturing operations, cellular phone, home furnishings a...


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Gerald M. (Jerry) Levin

Aspen heavyweight, He is a member of the Board of the Council of International Advisers to the Chief Executive of Hong Kong; the Board of the National Cable Television Center and Museum; the Aspen In...


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Aspen Institute

Same entity. Use "The Aspen Institute"

1 vote to keep.

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Henry Kissinger

Lifetime Trustee of The Aspen Institute


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Phillip Zelikow

Zelikow is the deputy director of the Aspen Strategy Group, a program of the Aspen Institute.


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Leonard A. Lauder

Trustee


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IndyMac

Director - Ms. Gabrielle E. Greene is a Henry Crown Fellow of the Aspen Institute.


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Anonymous said...

Roll International Corporation, # 258 on the Forbes richest private companies, a Los Angeles based holding company. Mr. Resnick has developed and owns a number of successful companies including Paramount Agribusiness, the largest farming operation of tree crops in the world, which includes ...
Submitted by fedup 2007-04-03 21:29:31
www.forbes.com/lists/2006/21/biz_06privates_Roll-International_8NHS.html

Stewart Resnick, chairman and owner of Roll International Corporation, Roll International Corporation is a Los Angeles-based holding company.

Mr. Resnick has developed and owns a number of successful companies including Paramount Agribusiness, the largest farming operation of tree crops in the world, which includes Paramount Citrus, Paramount Farming and Paramount Farms, growers, processors and marketers of citrus, almonds and pistachios; POM Wonderful, grower of pomegranates and maker of the all-natural POM Wonderful pomegranate juice; Teleflora, the largest floral wire service in the world; FIJI Water, the second largest imported bottled water in the United States and the newest member of the Roll family of companies; The Franklin Mint, a leader in high-quality collectibles; and Suterra, the largest biorational pest control company in the United States.

Mr. and Mrs. Resnick have been featured in Art & Antiques magazine as two of the nation’s top 100 art collectors. Major galleries have been dedicated in the Resnicks’ name at the Los Angeles County Museum of Art and the Philadelphia Museum of Art.

Mr. Resnick is a member of the Executive Board of The UCLA Medical Sciences; a member of the Board of Trustees of Bard College, Annandale-on-Hudson, NY; and a member of the Board of Conservation International. He is also a member of the Advisory Board of the Anderson School of Management, University of California, Los Angeles.

Mr. Resnick holds a Bachelor of Science degree in business administration from the University of California, Los Angeles (UCLA) and a Juris Doctorate from UCLA Law School.

Anonymous said...

Now it gets 'cute', if you go back to 2006, you find out that Suterra is owned by Resnick ( ROLL ), Suterra is the largest 'pest control' in the world, note that the same neuro-toxins are used in bio-weapons or pesticides.

It gets better also the largest supplier of 'bottled water', sounds like a conflict of interest, spraying poison all over, and then offering clean water to drink, who would have guessed????????


http://www.forbes.com/lists/2006/21/biz_06privates_Roll-International_8NHS.html

Stewart Resnick, chairman and owner of Roll International Corporation, Roll International Corporation is a Los Angeles-based holding company.

Mr. Resnick has developed and owns a number of successful companies including Paramount Agribusiness, the largest farming operation of tree crops in the world, which includes Paramount Citrus, Paramount Farming and Paramount Farms, growers, processors and marketers of citrus, almonds and pistachios; POM Wonderful, grower of pomegranates and maker of the all-natural POM Wonderful pomegranate juice; Teleflora, the largest floral wire service in the world; FIJI Water, the second largest imported bottled water in the United States and the newest member of the Roll family of companies; The Franklin Mint, a leader in high-quality collectibles; and Suterra, the largest biorational pest control company in the United States.

Anonymous said...

Turns out that this guy Resnick, not only owns Suterra, but owns Gov Schwarznegger.

***

Moth-spraying PR deal suspended amid questions
By AARON C. DAVIS Associated Press Writer
Article Launched: 03/13/2008 01:46:32 AM PDT

SACRAMENTO—State officials struggling to convince critics about the safety of aerial spraying to control an invasive moth awarded a $500,000 no-bid contract to a prominent public relations firm with ties to Gov. Arnold Schwarzenegger.

E-mails obtained by the AP revealed a senior state contracting official questioned the arrangement. He said it was difficult to justify a public affairs campaign related to moth spraying as an emergency, which entitled the deal to be exempted from normal contracting rules designed to limit favoritism.

Anonymous said...

http://www.lbamspray.com/index.htm

The new zealand connection in all this is very interesting.

Once again the city of Bend, has managed to go to bed with the MOST EVIL fucking company's on earth.

Anonymous said...

Welcome to Bend, Calif. Official Suterra Country:

Signs and Symptoms of Pesticide Poisoning:
STRANGE TASTE IN YOUR MOUTH
FLU LIKE SYMPTOMS – BUT DON'T HAVE THE FLU
BREATHING DIFFICULTIES OR TIGHTNESS IN CHEST
SKIN, EYE OR THROAT IRRITATIONS
SWOLLEN /ENLARGED LYMPHNODES
HEADACHES
LETHARGY and/or DEPRESSION? BRAIN FOG

Bewert said...

Suterra has pull. According to fedspending.org, they received $543,855 in federal contracts, either under "Competition after exclusion of sources" or "Not competed".

http://www.fedspending.org/fpds/fpds.php?company_name=Suterra&x=1&y=8&reptype=r&database=fpds&fiscal_year=2007&detail=0&mustrn=y&datype=T&sortby=r


Nice little tool Obama and Coburn put together to see this kind of stuff ;)

Anonymous said...

Suterra already has broken ground beside Les Schwab HQ

By Keisha Burns, KTVZ.COM
10/22/08

Juniper Ridge is expanding, and the second deal there could mean more high-paying jobs in Bend.

Suterra, a Bend biotech company, plans to relocate to Juniper Ridge, the area on Bend's north side the city hopes will spur more economic growth.

Suterra officials said they're excited about moving forward, and expressed thanks to the city council, keeping them on their timeline to finish the project by next summer.

The project's first tenant, the new Les Schwab Tires headquarters, will become a neighbor of Suterra, which makes products used around the world for insect control.

"The market for that product we're targeting is any perennial crop such as apples, peaches, almonds, vegetables, pretty much anywhere in the world" said Suterra President Steve Hartmeier.

That includes markets around the U.S, Mexico, Argentina and South Africa, which Hartmeier said will keep growing.

"That market has been growing substantially, which is the reason that we need to expand our facility and move to Juniper Ridge," he said.

City councilors on Wednesday night approved the roughly $2.4 million agreement to sell land at Juniper Ridge to Suterra, allowing the biotech firm to move to a parcel north of the new Les Schwab location.

Councilor Mark Capell said, "They're a high paying company and they have plans for growth. They expect (to add) five to 10 ... high-paid positions out there next year."

City officials say the move will not only create more jobs and growth, but spur the building of more roads and infrastructure at Juniper Ridge, so the land is ready for other companies.

Hartmeier said Suterra has already broken ground on the project.

"We're talking about salaries anywhere from B.S. chemist up through Ph.D chemist and tech," he said. "Most will have a bachelor of science degree."

Capell said there are a lot of other opportunities at Juniper Ridge for more investment in the community, and more jobs. "And that's really the economic growth the council is looking for," he said.

But before the project can go any further, the city will have to finish an agreement with ODOT about how to solve with ODOT about the highway 97 traffic issues, in hopes of moving forward as early as next year.

Anonymous said...

The ten big lies of Suterra, ...

Ten Reasons to Stop the Spray for Light Brown Apple Moth in the Bay Area

Link: 10 Reasons to Oppose the LBAM Spray - San Francisco - Ten Reasons to Stop the Spray for Light Brown Apple Moth in the Bay Area.

I just found 10 great talking points on About.com, about the LBAM madness. Here are the cliff notes:

1. The Light Brown Apple Moth (LBAM) is Not an Emergency - No Crop Damage
2. The Light Brown Apple Moth Has Likely Been in California For Years
3. The Light Brown Apple Moth Can Be Safely Managed
4. Aerial Spraying is an Experiment Without Our Consent
5. It's Not Simply a Pheromone - It's a Chemical Mix
6. The Delivery System: A Tiny Plastic Microcapsule That Can Be Inhaled
7. Long-Term Health, Environmental & Wildlife Effects Are Unknown
8. Years of Aerial Spraying May Damage Local Economy
9. Effects on Other Moths, Butterflies and Bees are Unknown
10. Opposition to the Aerial Spraying is Not an Isolated Group of "Activists"

Anonymous said...

Suterra makes 'checkmate', read the following, and when marketing Bend in the future, add this to your campaign.

***

CHECKMATE: Health Impacts of Moth Eradication Madness

Here's some sobering reading from the Moms of Marin Against the Spray:

MOTHERS OF MARIN AGAINST THE SPRAY (MOMAS)
BACKGROUND INFORMATION

A. HEALTH IMPACTS & TESTING OF SPRAY CHEMICALS

The proposed chemicals have never been sprayed over densely populated area.
Numerous chemicals will be sprayed repeatedly throughout the Bay Area every 30-60 days by low-flying airplanes, over highly populated urban areas near water, for a period of 3-10 years.
The chemicals to be sprayed, which are contained in a formula called CheckMate, were designed to be applied only over unpopulated agricultural areas.
California’s consensus document on the health risk of the spray explicitly states that studies assume “aerial application over agricultural areas rather than aerial application over populated areas.” [Cal. Dept. Pesticide Regulation, Cal OEHHA Oct 31 2007 Consensus statement]

No tests have addressed long-term exposure of the chemicals on humans.
No tests have addressed the impact of breathing these chemicals over a long-term period by varied populations, including pregnant women, children and the elderly.
CheckMate and other similar formulations of pheromone pesticides have undergone only short-term testing on rats and rabbits.
The active ingredient, a synthetic pheromone, has not undergone long-term human toxicity testing. [Testimony of Philip Richard in County of Santa Cruz v CDFA, Superior Court of California, Santa Cruz County, Oct 31, 2007]

The spray contains hazardous chemicals.
The product label, which can be found on the manufacturer’s website (Suterra LLC of Bend, Oregon, www.suterra.com) states “Hazardous to Humans and Domestic Animals. Harmful if absorbed through the skin. Causes moderate eye irritation. Avoid contact with skin, eyes, or clothing. Harmful if inhaled. Avoid breathing vapor or spray mist.”
The State continues to focus on the alleged safety of the pheromones contained in CheckMate. However, the spray contains at least 8 other chemicals.
Material Data Sheets for several of these chemicals state:
“Substance may be toxic to blood, liver, central nervous system.”
”Toxic to lungs and mucous membranes.”
“Very hazardous in case of eye contact.”
“Hazardous in case of skin contact.”
”May cause cancer based on animal studies.”
“Harmful by inhalation.”
”Risk of serious damage to eyes.”
“Material is irritating to mucous membranes and upper respiratory tract.”
“May affect genetic material.”
“May cause adverse reproductive effects and birth defects.”

Anonymous said...

Suterra scouting Juniper Ridge
Local biotechnology company wants construction to begin by November

By Peter Sachs / The Bulletin
July 23, 2008

Suterra, the Bend maker of high-tech pesticides, is the latest firm to shop for land at Bend’s 1,500-acre Juniper Ridge development, according to a document obtained by The Bulletin.

The biotechnology company, a spin-off of pharmaceutical firm Bend Research, focuses on pheromone-based....

Anonymous said...

http://www.ci.bend.or.us/city_hall/meeting_minutes/docs/Letter_to_Suterra.pdf

BP make sure you link this one also.

Anonymous said...

Suterra is a world leader in secret military micro-warfare. Bend Suterra got $3M for dumping their poison in recent months, this could account for the cash to BUY JR.

***

Governor Schwarzenegger Backed Immoral Sex Pheromone Spraying Continues...
Friday, February 08, 2008 by: Rami Nagel (see all articles by this author)

Key concepts: Chemicals, EPA and The EPA


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(NaturalNews) Sometimes bad dreams do come true. My bad dream was that the government issued quarantine, and forced everybody to be vaccinated for some fake disease. In my dream, I took my family, and fled to the hills to avoid being vaccinated.

Now, nine months later, this dream has come true. In an emergency, I relinquished my rental contract and moved my pregnant partner and three and a half year old daughter out of Santa Cruz, CA, to avoid being exposed to potentially deadly chemicals.

The chemicals, known by their trade names as Checkmate OLR-F and Checkmate LBAM-F, have been sprayed via state owned airplanes in September and October in Monterey County California. These same aerial chemicals, despite their known health risks, were sprayed on two nights (11-8, 11-9) over the people of Santa Cruz County. The purpose of this spray is to control the mating/reproductive habits of the light brown apple moth (LBAM). The prevailing belief is that the mating habits of this moth needs to be controlled because the USDA believes that the moth might cause 100 million dollars of damage (Realize that this figure is not a fact, but based on a government guess).

The way Checkmate works is by attempting to disrupt the mating habits of the LBAM, by cluster bombing infested cities with billions of miniature time-release plastic microcapsules filled with synthetic moth sex pheromone. The pheromone gives of a scent, which supposedly confuses the male moths who then cannot find the female moths and instead will attempt to mate with other moth's or anything that gives off that pheromone smell.

Government's Pesticide Experiment Program

The California Department of Food and Agriculture's own doctor acknowledges, in court documents, that the aerial application of this chemical has not been tested. Let me repeat this so you understand, chemicals are being sprayed on young children, nursing mother's, people with asthma, lung problems, heart problems, the elderly, the disabled, the homeless and the chemically sensitive - and this chemical formulation has NEVER been tested on even a piece of dirt, let alone, humans. The newly designed Faroes Statement, the consensus of over 200 scientists, calls for a precautionary approach with respect to exposure of fetuses and children to environmental toxins. The consensus is that exposure of fetuses or children to chemicals can cause increased susceptibility to disease and disability later in life. In addition, the U.S. Environmental Protection Agency (EPA) has specific directives and codes that state that they should not experiment with pesticides on pregnant women, or infants. It is a fact, since this aerial pesticide has not been proven to control the moth's mating habits and has not been proven safe to animals or humans, that this is an experiment.

In Monterey, approximately 100,000 residents were exposed to untested chemicals to control the mating habits of less than 750 moths. In Santa Cruz County, over 100,000 residents will be exposed between 11/06/07 – 11/09/07 to untested chemicals to control the mating habits of less than 9,000 moths. This is not a one time application, but will continue monthly beginning again in February, for nine months, and then repeated for up to a total of three years. Again, this program designed to eradicate the moth at best will only control the moth's mating habits; it will not eliminate the moth. At worst, the program will be ineffective, cost tax payers millions of dollars, and cause permanent disability to residents and their pets. All this harm is over a little moth that has yet to cause even $1.00 of damage in California.

Did you know that each aerial application of Checkmate OLR-F and Checkmate LBAM-F costs approximately $3.5 million and that $3 million is paid directly to the manufacturer Suterra, LLC of Bend, Oregon?

The projected expense of this eradication "attempt" will cost tax payers over $70 million dollars just to spray Monterey and Santa Cruz counties the proposed 9 times. These monthly sprays are already scheduled for next year to begin in March. The California Department of Food and Agriculture has created a map which shows the spray area to grow and encompass various portions of the entire San Francisco Bay Area, click on the Central Coast (www.cdfa.ca.gov/phpps/PDEP/lbam/maps.html) . The United States EPA has authorized an emergency permit which could allow the CDFA to aerially spray the state of California until the year 2010. This Light Brown Apple Moth Eradication could cost California tax payers more than $500 million dollars when all is said and done, which is five times the projected amount of losses to the agricultural industry if the moth were to infest the state. Ridiculous and frivolous spending on untested, unproven and toxic methods of "attempted" pest eradication are unacceptable actions taken by Governor Arnold Schwarzenegger and the California Department of Food and Agriculture. This is not a state plan, but is a plan that is sponsored, endorsed, and largely funded by the EPA and the USDA.

Documented and Undocumented Pesticide Damage to Humans

While the moth may cause an estimated $100 million of crop damage, one cannot put a price tag on the damage that Checkmate's chemicals cause to humans. In Monterey County, the first county in California to be sprayed with Checkmate OLR-F and Checkmate LBAM-F, documented affidavits show that citizens got sick, ill or suffered life threatening reactions to the toxic spray. One infant in the City of Monterey nearly died from inhalation of the experimental biochemical, and now has permanent lung damage. Dozens of women in cities throughout the Monterey Peninsula are reporting problems with their reproductive systems after exposure to the pesticide, including: sudden, severe and irregular menstrual cycles, extreme cases of tender and swollen breasts, and the recurrence of menopause symptoms in older women. Other side effects of both Checkmate OLR-F and Checkmate LBAM-F include: asthma and sudden breathing difficulties, chest pain, vomiting, lethargy, fatigue, and extreme mood swings. Some people have coughed up blood and have gotten bloody noses from Checkmate exposure.

If you are familiar with chemical exposure, then there is something to note which is of great alarm. If you have ever smelled paint, bleach, or something toxic like that, it takes a significant and potent amount of the chemical to make one sick. It is not typical that such small and minute amounts of chemicals can cause such severe damage as described above. The explanation for the severe side effects, is that the chemicals are in miniature balls of volatile plastic called microcapsules; thus chemicals can be introduced deeply into the body through swallowing or inhalation of the micro-sized particles. It is as if this "agricultural" product acted more like a drug on humans, than as a pesticide on moths.

Thousands of residents, including myself, have undocumented pesticide damage. I lived forty miles from the October-Monterey spray zone, and on the last day of aerial spraying, my entire family became ill. My three and a half year old daughter vomited. I had severe intestinal distress and could not eat for several days. I felt nervous and anxious, as if I had the caffeine equivalent of 10 cups of coffee. And for the first time in my life, I had for two days orange/red colored urine (I am now recovered). I did not link these symptoms to pesticide exposure until days later upon talking and hearing about dozens of other Santa Cruz residents who were experiencing the same or similar symptoms, on or near the same day. Their symptoms included severe vomiting and dark yellow/red colored urine. Recently I learned that this exposure may not have been from pesticide drift, but from a rogue plane releasing chemicals where it was not supposed to. Witnesses have recently linked the red color to the Checkmate formulations, seeing small red droplets where the Checkmate has contacted metallic objects.

The questions I ask myself are: What type of chemical, in such small doses, causes such profound harm? Why does a chemical claimed to be harmless to humans by the EPA, the CDFA and Governor Schwarzenegger have a significant and severe effect on the female reproductive system?

Microcapsules = Microwarfare

The aerial application of Checkmate OLR-F and Checkmate LBAM-F are pheremone filled miniature plastic sphere-like particles (microcapsules), generally the same size as the width of a human hair. Each capsule is a biologically "loaded gun" due to its own chemical make-up and that of the pheromones held inside. Research indicates that the capsules are likely made out of a urea-formaldehyde polymer, the industry standard. This is an extremely volatile plastic which, under UV rays, degrades over a time period estimated to be anywhere from 30-90 days. These "agricultural" microcapsules have never been tested safe for humans. Thus, the life of these microcapsules inside our bodies is truly unknown as are the health risks of inhaling or swallowing them. Preliminary research on the microcapsules has revealed that some of them are as small as 10 microns, a size known to be dangerous to humans, with an average capsule size of 25-30 microns. Another investigation suggested that the large capsules may be made up of a cluster of smaller 3-4 micron size capsules.

Many of the chemicals used to make the Checkmate OLR-F and Checkmate LBAM-F products have been deemed harmful for human consumption, like butelated hydroxyl tolune (BHT). For example: on the label for BHT it says (in big letters) "Do not inhale this product. Dangerous to respiratory health." Yet people in the spray zones in California to this day are still being exposed to BHT via the microcapsules. The symptoms documented by Monterey County residents can be directly correlated to the warning labels of BHT, and several other chemicals. BHT, is also known as DBCP, a dangerous pesticide known to cause sterility in men. Recently, Dole Food Company lost a lawsuit in which Nicaraguan Banana farmers were exposed to DBCP. In pending lawsuits, thousands of South American Farmers are claiming that they were harmed by exposure to DBCP.

Within these microcapsules is an endocrine disrupter which attaches itself to estrogen receptors and forces the activation and constant production of estrogen to occur in the human body. This happens for men, women and children. This chemical is called 2 hydroxy 4n octyloxybenzophenone. The warnings surrounding the exposure to this toxic chemical can be directly correlated to the documented symptoms of women living within the spray zone in Monterey County. These are health concerns which CANNOT be overlooked or swept under the carpet. The projected long term effects of exposure to Checkmate OLR-F and Checkmate LBAM-F are unknown, undocumented and until now - not even a thought in the minds of those who are authorizing the spraying, and manufacturing the chemical.

In addition to the horrible documented health effects of coming into contact with Checkmate OLR-F and Checkmate LBAM-F, there is a great chance that it will not even prove to be an effective investment. The EPA's own documents state that such a microcapsule cannot successfully release pheromone, and that "The studies show that only a small proportion of the microcapsules actually release any pheromone or only a portion of the total pheromone loaded into the capsule is capable of ever being released." Science and competent intelligence does not seem to be the methodology of this spray program; in light of such statements made, the technology cannot work.

The EPA masks their "emergency approval" of Checkmate OLR-F and Checkmate LBAM-F behind the assertion that the pheromones in the products are safe. They then make the scientific leap and pronounce the entire pesticide is safe to be sprayed on residential neighborhoods, schools and water ways. This arrogant assertion by the CDFA and the EPA comes, again, without ANY LEGITIMATE TESTING. Under the "emergency exemption" (also known as Section 18), regulations allow the EPA to disregard the important 3% of "inert" ingredients. The "emergency exemption" allows this disregard even though many of those ingredients are not even inert, and are actually part of the "active" ingredients. The EPA then reaches the conclusion, "EPA believes use of these pheromone products, including aerial application over residential areas, presents negligible risks to human health and the environment." Again, these exemption laws are designed for agricultural fields like a field of apple orchards, or grapes, not for cities. This is another case of ridiculous, frivolous and blatant disregard for human health by Governor Schwarzenegger, the CDFA and the EPA.

In addition to the aerial application which focuses on the agriculture industry, microcapsules are used in medical and military technology. In medical technology, microcapsules are used to time-release drugs into the body. The medical capsules are made out of a bio-compatible material that the body can easily absorb. Director of Public Affairs at the CDFA Steve Lyle claims that their capsules are bio-compatible too because they are made largerly from urea. Mr. Lyle contents that this urea is equivelent to the urea our body produces and is thus a "basic biodegradable building block.." The material saftey data sheet for urea (www.jtbaker.com/msds/englishhtml/u4725.htm) clearly shows that "Supersensitive individuals with skin or eye problems, kidney impairment or asthmatic condition should have physician's approval before exposure to urea dust." It further explains how urea is a noxious chemical to humans. In military technology, microcapsules they can be used for chemical shields, or for experimental "non-lethal" weapons (That means the weapon does not cause immediate death). These thoughts do not leave one with a pleasant taste about how these microcapsules are being used in our neighborhoods and communities, especially for just a moth.

The over 30 billion microcapsules sprayed over Monterey County last month are not bio-compatible; and yet children are playing in them, dogs are rolling around in them, and people are inhaling them. And the state plans to continue to spray more communities over and over again begining early in 2008.

Like pollen, the miniature capsules can float in the air and they can stick to surfaces people touch. Imagine hundreds of synthetic microscopic plastic balls floating in the environment and then entering your nose, mouth, eyes and ears. Is this safe? What happens when those minuscule plastic balls are inhaled? We know what happens. They get lodged in your lungs, you cough profusely to expel them, and you go into respiratory distress. Some Monterey County residents report asthma attacks increasing, others report coughing so hard and for such long durations that they cough up blood. One healthy adult male in the sprayed Salinas area, who jogs five miles daily, now has developed asthma since the last two aerial sprays. For the first time in his life, he must use an inhaler to help him breathe. The local doctor he sees is out of inhaler samples because he has given them all away.

These and other serious side effects associated with the aerial application of Checkmate OLR-F and Checkmate LBAM-F are being captured by citizen groups daily. Local doctors are refusing to document that their patients' symptoms have any relation to the aerial spraying. One doctor even told his patient (who was very ill from the spraying) that he would have to consult with this lawyer before discussing the matter further. An attorney representing the CDFA declared to a judge in Monterey County superior court during a hearing where a local environmental organization was suing the CDFA to stop the aerial spraying, that the CDFA has no intention on monitoring or following up on any of the health concerns or complaints that have been or will be filed in association with this aerial application. This is another blatant disregard for the health and well being of citizens. The CDFA can pay $3.5 million dollars to spray the residents of Monterey County, but cannot and will not spend a penny to assure citizens and residents that their health is of consequence to this program. This is repulsive! This is a crime!

Cities Are the Targets!

If you examine the CDFA reports (www.cdfa.ca.gov/phpps/PDEP/lbam/maps.html) you will see the cause for grave alarm. The LBAM aerial spraying program does not target agricultural fields with this agricultural technology, but rather targets mostly residential and urban areas that are great distances from crops and fields.

It does not take a rocket scientist to connect the dots:

1) A biochemical never tested before is being sprayed on cities and not agriculture.

2) The chemical has never been tested on moths, animals, or humans for safety or efficacy.

3) An emergency exemption is used for a moth which is not dangerous to humans; nor does it cause significant crop damage, especially in California's warm climate regions.

4) Minute doses of the chemical causes reproductive effects on women, and likely men.

5) Some of the chemical ingredients have no material safety data sheets regarding human exposure, and samples of the pesticide have never been independently scrutinized except by the EPA.

6) The majority of the funding of this project comes from the USDA and Commodity Credit Corporation funds, these funds are managed by George W. Bush appointees.

7) Plans are being put in place to continue aerial spraying over other populated portions of California, including San Mateo, San Francisco, Oakland, and many regions in Southern California. The moth has a peculiar habit of living in cities.

8) The spray plan does not include all the moth finds, but rather mostly moth finds in cities. For a spray plan to work to control these insects, a buffer zone should be created around all the moths; such that none escape the spray, but this is not what is being done.

9) People who have been sprayed feel significantly impacted, physically and emotionally.

10) People who understand the situation respond to it, as if they are being attacked.

11) Preliminary research shows the microcapsule particles to be of a dangerous size.

12) Microcapsules are used to deliver drugs deep into the human body.

For me, I felt like the airplanes spraying chemicals were attacking my very right to exist and be here. What do you conclude?

Is the Government Negligent, Or Sinister?

The urgent question that I must bring your attention to, is this: Is the government just the biggest, dumbest entity on the planet; where they haphazardly declare an emergency, which this is not one, and then over eagerly dose whole cities with untested chemicals?

Or,

Is what we are experiencing part of a sinister plan to poison (or worse) a large populace, who more and more, is choosing an alternative and chemical free lifestyle? It is unclear how much the government is aware of this plan, but it is clear that the government goes out of their way to deny and hide all serious reported health claims.

These may be scary questions to consider or you may find them amusing and absurd. But if you lived in the spray zone and experienced what we have, you might be asking yourself the same questions too.

It is likely that both of these statements are true, that the government is acting in a negligent, and sinister way.

A Time for Mourning

Even if we do not know for sure the intention of the aerial spray, we must begin to acknowledge the great human tragedy that is now playing out before us.

Over 200,000 fellow residents of California, USA, are being exposed, needlessly, to biologically active time-release chemicals. Pregnant women, infants, and the sick will be the most effected, because we know that even the most minute dose of the chemical can find its way into fetuses and affect them, and can find its way into human breast milk. These residents are being exposed to chemicals against their will. Some of them have had to rush to the emergency room for treatment. Others, like myself, have literally fled to protect their lives. Many businesses are and will be devastated as owners decide to move out if their business is affected. Many children's hopes will be dashed when their parents decide to leave the area and the only homes they've ever known, and many sick and elderly people will be torn from their own homes to avoid becoming gravely ill.

There is a war happening right here, on our own soil; as citizens try desperately to assert their right to survive, to exist, and to do so without this obscene government intrusion.

Today is a day to mourn. A day to mourn the ignorance and the violence perpetuated on our own soil. Today is a day to acknowledge the profound and sad fact that our government seems hell bent on turning this world into a war zone. Today is a day to mourn for the children whose growing bodies are being affected by this spray and for the countless people who were not even informed about what the spray means or when it will take place. Today is a day to mourn the liars in the government, who use our tax money to test chemicals on the public and then use our money, again, to pay lawyers to defend their negligent actions in court case after court case.

Today is not a good day, but a day when we are being called upon to surrender our greater reality that includes all of our feelings and experiences, good ones and bad ones. We must look now on what we have become as a nation, and what we have allowed to happen.

I sincerely believe that only through looking at the outer and inner experience and through accepting our own feelings, can we find a way to both make peace within and to take effectual action in the world to stop this violence once and for all.

The Earth is in mourning. She wants to protect her children from harm so badly.

Recent Checkmate Aerial Spray Research Confirms Its Harm

A recently released study about Checkmate LBAM-F by the Aquatic Toxicology Laboratory at
The University of California, Davis confirms the danger of this aerial application. The authors state on page three that, "the microcapsules ranged in size from approximately 10 microns to 190 microns.."

Microcapsules circa the 10 micron size range fall under the category of "particle pollution" according to the American Lung Association (ALA). On the ALA's website they state, ""Particle pollution, called particulate matter or PM, is a combination of fine solids and aerosols that are suspended in the air we breathe... The ones of most concern are small enough to lodge deep in the lungs where they can do serious damage. They are measured in microns. The largest of concern are 10 microns in diameter."

Particle pollution has well documented short and long term health effects, including: death from respiratory and cardiovascular causes, including strokes; inflammation of lung tissue in young, healthy adults; increased severity of asthma attacks in children; slowed lung function growth in children and teenagers; significant damage to the small airways of the lungs; and increased risk of dying from lung cancer. Children under 18 and adults over the age of 65 will be the ones most harmed by this chemical assault.

A Call to Action

Aerial application of chemicals, whether supposed safe or not, violates the very roots of our democracy and the free will of the people of the United States of America. What choices will residents of this democracy have left if they choose to not be sprayed with potentially deadly chemicals and are then denied that right? If you continue to stand by and let this happen, do you think your city and your county will be immune from the next senseless government incursion? Now there are court cases and legal presidents being set, which our government can use, to justify further hostile actions against its own people.

You cannot continue to sit around and think that you will not be affected by the actions that our government is taking today. You must act because the people here need your help. Every action you take has the potential to help. Your friends and family need you. Your country needs you. This world needs everyone of you to stand up and say loudly and clearly that you have had enough and you will not take this governmental bullying anymore!

Here are suggestions for action:

Call Governor Schwarzenegger who supports the biochemical aerial spraying that harms children and tell his staffers that you order the Governor to immediately halt the spraying.
(916) 445-2841 2841 (press #1, #5, #0)
Fax: (916) 445-4633

See my related story: (www.NaturalNews.com/022158.html)

Call your local senator and congressional representative. And I encourage you to call these California Senators. Federal offices will say that this is a state matter. You tell them that this LBAM eradication plan is funded by the USDA and that this is certainly a federal problem.

(Both California US Government Senators have been sitting on the fence, even though a congressional investigation as to why the USDA and EPA are so eager to spray chemicals on people, in plain violation of their own laws, is called for.)

Senator Diane Feinstein
San Fransisco Office - (415) 393-0707

Senator Barbara Boxer
San Fransisco Office - (415) 403-0100

Democracy Now!
They want to here our stories,
(www.democracynow.org/storyidea.pl)

Send them this link with this article, or post a summary of this article to their e-mail.

The American Civil Liberties Union
The ACLU is a pioneer in human and civil rights, yet they claim that this is an environmental issue. Think again, this is a human rights issue, let them know (www.aclu.org/contact/general/index.html)

The Sierra Club
They should be suing to stop this but rather have laid back in their support, claiming that pheromones are a safer alternatives than insecticides according to the information they are receiving from the EPA. Think Again, pheromones in microcapsules, never tested before on animals or people, could be deadly. The Sierra Club is being intentionally misled into supporting a substance that they know very little about.
Let them know your opinion. National Headquarters 415-977-5500

The National Resources Defense Council (NRDC)
They are a lead environmental organization who usually has a fabulous track record in fighting against such atrocities as spraying chemicals. However, they have been ardent supporters of pheromone use, stating that the pheromone is safe because the EPA says it is better than traditional pesticides. Note that we were also told that they have not done ANY independent research into the toxic side effects of pheromones and do not have the resources to have their own scientists do any testing. Basically they are taking the EPA and USDA's word that it is safe, even though there are no tests available to show that it is safe or effective.

Call them and let them know how you feel. And ask them why they aren't doing their own tests.
National Headquarters Telephone: (212) 727-2700
Or the San Francisco, CA Office: (415) 875-6100

Personal Action
Talk to your friends about this and other government abuses.

If you can provide us legal, scientific, medical or other expert support contact the author of this article immediately.

Write Articles relating to this topic or to human rights in the United States.

Alert national and international media organizations, use your personal contacts to help the cause; spread this article.

Feel your feelings, let your feelings be present.

Pray, Meditate, Dance, Dream, Act for peace.

Boycott Roll International, owner of Suterra the maker's of Checkmate
Companies include: Fiji Water, Paramount Farms, Paramount Citrus, POM Wonderful, The Franklin Mint, and Teleflora

Some of Checkmate's Published Ingredients:

Here are three published Checkmate ingredients, of particular concern, which have been and will continue to be sprayed upon humans and their environment.

Butylated hydroxytoluene

The Material Saftey Data Sheet States:
"Mutagenic for mammalian somatic cells. Mutagenic for bacteria and/or yeast" "The substance may be toxic to blood, liver, central nervous system(CNS). Repeated or prolonged exposure to the substances can produce target organs damage."

Tricaprylmethyammonimum chloride

There is no information or documentation about this substance or how chronic exposure to it can effect human health. That means we cannot be certain that even small doses are safe.

2-hydroxy-4-n-octyloxybenzophenone

This is a Xenochemical that binds to estrogen receptors not just in animals, but in humans. In other words, even in small doses, it signals people's bodies to take a specific biological action. Even small doses could affect hormonal functions by causing the constant production of estrogen. Prolonged exposure to endocrine disrupting chemicals is the cause of breast cancer.

Legal Cases

Helping Our Peninsula's Environment sued for a restraining order to stop aerial spraying in Monterey and lost because the disputed Checkmate ingredient was not in the EPA's documents; even though the pesticide manufacturer, Suterra, reported that they did use the disputed ingredient in the manufacture of Checkmate. The lawsuit included a document by a former EPA chemist showing how such an aerial spray program is dangerous to both humans and the environment. The lawsuit continues. Text of HOPE's lawsuit is at (www.1hope.org/SPRAYTRO.PDF)

The City and County of Santa Cruz voted to sue the California Department of Food and Agriculture, they too lost their request for a restraining order of the spray, even with a rock-solid case which stated that the county could not perform its functions; such as school, police, protect, and administer the city while aerial spraying continued. They too did not get a restraining order, as their case continues. You can read the court case here
(www.santacruzcourt.org/News/lbam.htm)

A group of local residents filed suit in Federal Court and also did not get a restraining order, but did get a November 21st, 2007 Federal Court date to have their case more fully considered. Please consider attending this monumental hearing as citizens will stand and defend their civil liberties and right to a healthy life. Docket #0705587

Conclusion

Telling you this truth, about this atrocity, is my prayer and hope for peace.

I leave you with part of this press release by a strong opponent to the aerial spraying, California State Senator John Laird.

"Of greatest concern to me is the notion that speculative economic impacts may be outweighing the need to protect human health. In Monterey County there are reports of more than 200 health complaints associated with aerial spraying. Yet, to date there is no evidence that reports have been analyzed, and a promised 'white paper' on the toxicological data on the pheromone product and the health complaints taken as a whole has not been released. In fact, in his October 26th letter to me, CDFA Secretary Kawamura indicated there are no plans to either study long term effects of the spraying or conduct an epidemiological analysis of the complaints CDFA has received.

In light of the unresolved health complaints and unanswered scientific questions, the "precautionary principle" should serve as a guide. It has been described as a political and moral principle that says if an action or policy could harm the public or the environment, the burden of proof falls on the proponent of the action -- rather than on the public.

It was determined in Superior Court that the County of Santa Cruz failed to meet the burden of proof required to obtain a temporary restraining order against the state. However, in the court of public opinion, the burden of proof ought to be on CDFA to prove LBAM-F and OLR-F are safe prior to spraying it on residential populations monthly for an open-ended period of time."

Anonymous said...

6) The majority of Suterra funding of this project comes from the USDA and Commodity Credit Corporation funds, these funds are managed by George W. Bush appointees.

*

Bend & BUSH like moth's & death.

Anonymous said...

The essence here, is why doesn't the SUTERRA mother-fucker's live where they're dumping their poison?? Why do they want to make this shit in Bend, but dump it on US large city's???


Cities Are the Targets!

If you examine the CDFA reports (www.cdfa.ca.gov/phpps/PDEP/lbam/maps.html) you will see the cause for grave alarm. The LBAM aerial spraying program does not target agricultural fields with this agricultural technology, but rather targets mostly residential and urban areas that are great distances from crops and fields.

Anonymous said...

Note, under the terms of BURA that means that Suterra is tax exempt forever.

***

New Juniper Ridge Tenant

Posted on Thursday, October 23, 2008 (PST)

The Bend City Council, meeting as the Urban Renewal Agency, has approved an almost $2.4-million dollar sales agreement with biotech manufacturer Suterra. The company makes environmentally friendly pesticides and its officials say they are pleased with the city’s efforts to keep the Juniper Ridge development on schedule. Suterra plans to be in its new facility by next summer.

Anonymous said...

Cities Are the Targets!

If you examine the CDFA reports (www.cdfa.ca.gov/phpps/PDEP/lbam/maps.html) you will see the cause for grave alarm. The LBAM aerial spraying program does not target agricultural fields with this agricultural technology, but rather targets mostly residential and urban areas that are great distances from crops and fields.

It does not take a rocket scientist to connect the dots:

1) A biochemical never tested before is being sprayed on cities and not agriculture.

2) The chemical has never been tested on moths, animals, or humans for safety or efficacy.

3) An emergency exemption is used for a moth which is not dangerous to humans; nor does it cause significant crop damage, especially in California's warm climate regions.

4) Minute doses of the chemical causes reproductive effects on women, and likely men.

5) Some of the chemical ingredients have no material safety data sheets regarding human exposure, and samples of the pesticide have never been independently scrutinized except by the EPA.

6) The majority of the funding of this project comes from the USDA and Commodity Credit Corporation funds, these funds are managed by George W. Bush appointees.

7) Plans are being put in place to continue aerial spraying over other populated portions of California, including San Mateo, San Francisco, Oakland, and many regions in Southern California. The moth has a peculiar habit of living in cities.

8) The spray plan does not include all the moth finds, but rather mostly moth finds in cities. For a spray plan to work to control these insects, a buffer zone should be created around all the moths; such that none escape the spray, but this is not what is being done.

9) People who have been sprayed feel significantly impacted, physically and emotionally.

10) People who understand the situation respond to it, as if they are being attacked.

11) Preliminary research shows the microcapsule particles to be of a dangerous size.

12) Microcapsules are used to deliver drugs deep into the human body.

For me, I felt like the airplanes spraying chemicals were attacking my very right to exist and be here. What do you conclude?

Is the Government Negligent, Or Sinister?

The urgent question that I must bring your attention to, is this: Is the government just the biggest, dumbest entity on the planet; where they haphazardly declare an emergency, which this is not one, and then over eagerly dose whole cities with untested chemicals?

Or,

Is what we are experiencing part of a sinister plan to poison (or worse) a large populace, who more and more, is choosing an alternative and chemical free lifestyle? It is unclear how much the government is aware of this plan, but it is clear that the government goes out of their way to deny and hide all serious reported health claims.

These may be scary questions to consider or you may find them amusing and absurd. But if you lived in the spray zone and experienced what we have, you might be asking yourself the same questions too.

It is likely that both of these statements are true, that the government is acting in a negligent, and sinister way.

Anonymous said...

We have been writing about BEND NAZISM forever, but essentially what does HITLER, HOLLERN, and RESNICK (SUTERRA) have in common?? Eugenics.

***

Eugenics and the Nazis -- the California connection


Sunday, November 9, 2003
Hitler and his henchmen victimized an entire continent and exterminated millions in his quest for a so-called Master Race.
More Opinion

But the concept of a white, blond-haired, blue-eyed master Nordic race didn't originate with Hitler. The idea was created in the United States, and cultivated in California, decades before Hitler came to power. California eugenicists played an important, although little-known, role in the American eugenics movement's campaign for ethnic cleansing.

Eugenics was the pseudoscience aimed at "improving" the human race. In its extreme, racist form, this meant wiping away all human beings deemed "unfit," preserving only those who conformed to a Nordic stereotype. Elements of the philosophy were enshrined as national policy by forced sterilization and segregation laws, as well as marriage restrictions, enacted in 27 states. In 1909, California became the third state to adopt such laws. Ultimately, eugenics practitioners coercively sterilized some 60,000 Americans, barred the marriage of thousands, forcibly segregated thousands in "colonies," and persecuted untold numbers in ways we are just learning. Before World War II, nearly half of coercive sterilizations were done in California, and even after the war, the state accounted for a third of all such surgeries.

California was considered an epicenter of the American eugenics movement. During the 20th century's first decades, California's eugenicists included potent but little-known race scientists, such as Army venereal disease specialist Dr. Paul Popenoe, citrus magnate Paul Gosney, Sacramento banker Charles Goethe, as well as members of the California state Board of Charities and Corrections and the University of California Board of Regents.

Eugenics would have been so much bizarre parlor talk had it not been for extensive financing by corporate philanthropies, specifically the Carnegie Institution, the Rockefeller Foundation and the Harriman railroad fortune. They were all in league with some of America's most respected scientists from such prestigious universities as Stanford, Yale, Harvard and Princeton. These academicians espoused race theory and race science, and then faked and twisted data to serve eugenics' racist aims.

Stanford President David Starr Jordan originated the notion of "race and blood" in his 1902 racial epistle "Blood of a Nation," in which the university scholar declared that human qualities and conditions such as talent and poverty were passed through the blood.

In 1904, the Carnegie Institution established a laboratory complex at Cold Spring Harbor on Long Island that stockpiled millions of index cards on ordinary Americans, as researchers carefully plotted the removal of families, bloodlines and whole peoples. From Cold Spring Harbor, eugenics advocates agitated in the legislatures of America, as well as the nation's social service agencies and associations.

The Harriman railroad fortune paid local charities, such as the New York Bureau of Industries and Immigration, to seek out Jewish, Italian and other immigrants in New York and other crowded cities and subject them to deportation, confinement or forced sterilization.

The Rockefeller Foundation helped found the German eugenics program and even funded the program that Josef Mengele worked in before he went to Auschwitz.

Much of the spiritual guidance and political agitation for the American eugenics movement came from California's quasi-autonomous eugenic societies, such as Pasadena's Human Betterment Foundation and the California branch of the American Eugenics Society, which coordinated much of their activity with the Eugenics Research Society in Long Island. These organizations -- which functioned as part of a closely-knit network -- published racist eugenic newsletters and pseudoscientific journals, such as Eugenical News and Eugenics,

and propagandized for the Nazis.

Eugenics was born as a scientific curiosity in the Victorian age. In 1863,

Sir Francis Galton, a cousin of Charles Darwin, theorized that if talented people married only other talented people, the result would be measurably better offspring. At the turn of the last century, Galton's ideas were imported to the United States just as Gregor Mendel's principles of heredity were rediscovered. American eugenics advocates believed with religious fervor that the same Mendelian concepts determining the color and size of peas, corn and cattle also governed the social and intellectual character of man.

In a United States demographically reeling from immigration upheaval and torn by post-Reconstruction chaos, race conflict was everywhere in the early 20th century. Elitists, utopians and so-called progressives fused their smoldering race fears and class bias with their desire to make a better world. They reinvented Galton's eugenics into a repressive and racist ideology. The intent: Populate the Earth with vastly more of their own socioeconomic and biological kind -- and less or none of everyone else.

The superior species the eugenics movement sought was populated not merely by tall, strong, talented people. Eugenicists craved blond, blue-eyed Nordic types. This group alone, they believed, was fit to inherit the Earth. In the process, the movement intended to subtract emancipated Negroes, immigrant Asian laborers, Indians, Hispanics, East Europeans, Jews, dark- haired hill folk, poor people, the infirm and anyone classified outside the gentrified genetic lines drawn up by American raceologists.

How? By identifying so-called defective family trees and subjecting them to lifelong segregation and sterilization programs to kill their bloodlines. The grand plan was to literally wipe away the reproductive capability of those deemed weak and inferior -- the so-called unfit. The eugenicists hoped to neutralize the viability of 10 percent of the population at a sweep, until none were left except themselves.

Eighteen solutions were explored in a Carnegie-supported 1911 "Preliminary Report of the Committee of the Eugenic Section of the American Breeder's Association to Study and to Report on the Best Practical Means for Cutting Off the Defective Germ-Plasm in the Human Population." Point No. 8 was euthanasia.

The most commonly suggested method of eugenicide in the United States was a "lethal chamber" or public, locally operated gas chambers. In 1918, Popenoe, the Army venereal disease specialist during World War I, co-wrote the widely used textbook, "Applied Eugenics," which argued, "From an historical point of view, the first method which presents itself is execution . . . Its value in keeping up the standard of the race should not be underestimated." "Applied Eugenics" also devoted a chapter to "Lethal Selection," which operated "through the destruction of the individual by some adverse feature of the environment, such as excessive cold, or bacteria, or by bodily deficiency."

Eugenic breeders believed American society was not ready to implement an organized lethal solution. But many mental institutions and doctors practiced improvised medical lethality and passive euthanasia on their own. One institution in Lincoln, Ill., fed its incoming patients milk from tubercular cows believing a eugenically strong individual would be immune. Thirty to 40 percent annual death rates resulted at Lincoln. Some doctors practiced passive eugenicide one newborn infant at a time. Others doctors at mental institutions engaged in lethal neglect.

Nonetheless, with eugenicide marginalized, the main solution for eugenicists was the rapid expansion of forced segregation and sterilization, as well as more marriage restrictions. California led the nation, performing nearly all sterilization procedures with little or no due process. In its first 25 years of eugenics legislation, California sterilized 9,782 individuals, mostly women. Many were classified as "bad girls," diagnosed as "passionate," "oversexed" or "sexually wayward." At the Sonoma State Home, some women were sterilized because of what was deemed an abnormally large clitoris or labia.

In 1933 alone, at least 1,278 coercive sterilizations were performed, 700 on women. The state's two leading sterilization mills in 1933 were Sonoma State Home with 388 operations and Patton State Hospital with 363 operations. Other sterilization centers included Agnews, Mendocino, Napa, Norwalk, Stockton and Pacific Colony state hospitals.

Even the U.S. Supreme Court endorsed aspects of eugenics. In its infamous 1927 decision, Supreme Court Justice Oliver Wendell Holmes wrote, "It is better for all the world, if instead of waiting to execute degenerate offspring for crime, or to let them starve for their imbecility, society can prevent those who are manifestly unfit from continuing their kind . . . Three generations of imbeciles are enough." This decision opened the floodgates for thousands to be coercively sterilized or otherwise persecuted as subhuman. Years later, the Nazis at the Nuremberg trials quoted Holmes' words in their own defense.

Only after eugenics became entrenched in the United States was the campaign transplanted into Germany, in no small measure through the efforts of California eugenicists, who published booklets idealizing sterilization and circulated them to German officials and scientists.

Hitler studied American eugenics laws. He tried to legitimize his anti- Semitism by medicalizing it, and wrapping it in the more palatable pseudoscientific facade of eugenics. Hitler was able to recruit more followers among reasonable Germans by claiming that science was on his side. Hitler's race hatred sprung from his own mind, but the intellectual outlines of the eugenics Hitler adopted in 1924 were made in America.

During the '20s, Carnegie Institution eugenic scientists cultivated deep personal and professional relationships with Germany's fascist eugenicists. In "Mein Kampf," published in 1924, Hitler quoted American eugenic ideology and openly displayed a thorough knowledge of American eugenics. "There is today one state," wrote Hitler, "in which at least weak beginnings toward a better conception (of immigration) are noticeable. Of course, it is not our model German Republic, but the United States."

Hitler proudly told his comrades just how closely he followed the progress of the American eugenics movement. "I have studied with great interest," he told a fellow Nazi, "the laws of several American states concerning prevention of reproduction by people whose progeny would, in all probability, be of no value or be injurious to the racial stock."

Hitler even wrote a fan letter to American eugenics leader Madison Grant, calling his race-based eugenics book, "The Passing of the Great Race," his "bible."

Now, the American term "Nordic" was freely exchanged with "Germanic" or "Aryan." Race science, racial purity and racial dominance became the driving force behind Hitler's Nazism. Nazi eugenics would ultimately dictate who would be persecuted in a Reich-dominated Europe, how people would live, and how they would die. Nazi doctors would become the unseen generals in Hitler's war against the Jews and other Europeans deemed inferior. Doctors would create the science, devise the eugenic formulas, and hand-select the victims for sterilization, euthanasia and mass extermination.

During the Reich's early years, eugenicists across America welcomed Hitler's plans as the logical fulfillment of their own decades of research and effort. California eugenicists republished Nazi propaganda for American consumption. They also arranged for Nazi scientific exhibits, such as an August 1934 display at the L.A. County Museum, for the annual meeting of the American Public Health Association.

In 1934, as Germany's sterilizations were accelerating beyond 5,000 per month, the California eugenics leader C. M. Goethe, upon returning from Germany, ebulliently bragged to a colleague, "You will be interested to know that your work has played a powerful part in shaping the opinions of the group of intellectuals who are behind Hitler in this epoch-making program. Everywhere I sensed that their opinions have been tremendously stimulated by American thought . . . I want you, my dear friend, to carry this thought with you for the rest of your life, that you have really jolted into action a great government of 60 million people."

That same year, 10 years after Virginia passed its sterilization act, Joseph DeJarnette, superintendent of Virginia's Western State Hospital, observed in the Richmond Times-Dispatch, "The Germans are beating us at our own game."

More than just providing the scientific roadmap, America funded Germany's eugenic institutions.

By 1926, Rockefeller had donated some $410,000 -- almost $4 million in today's money -- to hundreds of German researchers. In May 1926, Rockefeller awarded $250,000 toward creation of the Kaiser Wilhelm Institute for Psychiatry. Among the leading psychiatrists at the German Psychiatric Institute was Ernst Rüdin, who became director and eventually an architect of Hitler's systematic medical repression.

Another in the Kaiser Wilhelm Institute's complex of eugenics institutions was the Institute for Brain Research. Since 1915, it had operated out of a single room. Everything changed when Rockefeller money arrived in 1929. A grant of $317,000 allowed the institute to construct a major building and take center stage in German race biology. The institute received additional grants from the Rockefeller Foundation during the next several years. Leading the institute, once again, was Hitler's medical henchman Ernst Rüdin. Rüdin's organization became a prime director and recipient of the murderous experimentation and research conducted on Jews, Gypsies and others.

Beginning in 1940, thousands of Germans taken from old age homes, mental institutions and other custodial facilities were systematically gassed. Between 50,000 and 100,000 were eventually killed.

Leon Whitney, executive secretary of the American Eugenics Society, declared of Nazism, "While we were pussy-footing around ... the Germans were calling a spade a spade."

A special recipient of Rockefeller funding was the Kaiser Wilhelm Institute for Anthropology, Human Heredity and Eugenics in Berlin. For decades,

American eugenicists had craved twins to advance their research into heredity.

The Institute was now prepared to undertake such research on an unprecedented level. On May 13, 1932, the Rockefeller Foundation in New York dispatched a radiogram to its Paris office: JUNE MEETING EXECUTIVE COMMITTEE NINE THOUSAND
DOLLARS OVER THREE YEAR PERIOD TO KWG INSTITUTE ANTHROPOLOGY FOR RESEARCH ON
TWINS AND EFFECTS ON LATER GENERATIONS OF SUBSTANCES TOXIC FOR GERM PLASM.

At the time of Rockefeller's endowment, Otmar Freiherr von Verschuer, a hero in American eugenics circles, functioned as a head of the Institute for Anthropology, Human Heredity and Eugenics. Rockefeller funding of that institute continued both directly and through other research conduits during Verschuer's early tenure. In 1935, Verschuer left the institute to form a rival eugenics facility in Frankfurt that was much heralded in the American eugenics press. Research on twins in the Third Reich exploded, backed by government decrees. Verschuer wrote in Der Erbarzt, a eugenics doctor's journal he edited, that Germany's war would yield a "total solution to the Jewish problem."

Verschuer had a longtime assistant. His name was Josef Mengele.

On May 30, 1943, Mengele arrived at Auschwitz. Verschuer notified the German Research Society, "My assistant, Dr. Josef Mengele (M.D., Ph.D.) joined me in this branch of research. He is presently employed as Hauptsturmführer (captain) and camp physician in the Auschwitz concentration camp. Anthropological testing of the most diverse racial groups in this concentration camp is being carried out with permission of the SS Reichsführer (Himmler)."

Mengele began searching the boxcar arrivals for twins. When he found them,

he performed beastly experiments, scrupulously wrote up the reports and sent the paperwork back to Verschuer's institute for evaluation. Often, cadavers, eyes and other body parts were also dispatched to Berlin's eugenic institutes.

Rockefeller executives never knew of Mengele. With few exceptions, the foundation had ceased all eugenics studies in Nazi-occupied Europe before the war erupted in 1939. But by that time the die had been cast. The talented men Rockefeller and Carnegie financed, the great institutions they helped found, and the science they helped create took on a scientific momentum of their own.

After the war, eugenics was declared a crime against humanity -- an act of genocide. Germans were tried and they cited the California statutes in their defense -- to no avail. They were found guilty.

However, Mengele's boss Verschuer escaped prosecution. Verschuer re- established his connections with California eugenicists who had gone underground and renamed their crusade "human genetics." Typical was an exchange July 25, 1946, when Popenoe wrote Verschuer, "It was indeed a pleasure to hear from you again. I have been very anxious about my colleagues in Germany . . . I suppose sterilization has been discontinued in Germany?" Popenoe offered tidbits about various American eugenics luminaries and then sent various eugenics publications. In a separate package, Popenoe sent some cocoa, coffee and other goodies.

Verschuer wrote back, "Your very friendly letter of 7/25 gave me a great deal of pleasure and you have my heartfelt thanks for it. The letter builds another bridge between your and my scientific work; I hope that this bridge will never again collapse but rather make possible valuable mutual enrichment and stimulation."

Soon, Verschuer again became a respected scientist in Germany and around the world. In 1949, he became a corresponding member of the newly formed American Society of Human Genetics, organized by American eugenicists and geneticists.

In the fall of 1950, the University of Münster offered Verschuer a position at its new Institute of Human Genetics, where he later became a dean. In the early and mid-1950s, Verschuer became an honorary member of numerous prestigious societies, including the Italian Society of Genetics, the Anthropological Society of Vienna, and the Japanese Society for Human Genetics.

Human genetics' genocidal roots in eugenics were ignored by a victorious generation that refused to link itself to the crimes of Nazism and by succeeding generations that never knew the truth of the years leading up to war. Now governors of five states, including California, have issued public apologies to their citizens, past and present, for sterilization and other abuses spawned by the eugenics movement.

Human genetics became an enlightened endeavor in the late 20th century. Hard-working, devoted scientists finally cracked the human code through the Human Genome Project. Now, every individual can be biologically identified and classified by trait and ancestry. Yet even now, some leading voices in the genetic world are calling for a cleansing of the unwanted among us, and even a master human species.

There is understandable wariness about more ordinary forms of abuse, for example, in denying insurance or employment based on genetic tests. On Oct. 14,

the United States' first genetic anti-discrimination legislation passed the Senate by unanimous vote. Yet because genetics research is global, no single nation's law can stop the threats.

Edwin Black is author of the award-winning "IBM and the Holocaust" and the recently released "War Against the Weak" (published by Four Walls Eight Windows), from which this article is adapted.

Anonymous said...

The biotechnology company, a spin-off of pharmaceutical firm Bend Research, focuses on pheromone-based....

*

Yep, always go back to Harry Lonsdale, Bends own Mr Eugenics.

This must have been a BULL Pavlovian slip.

Anonymous said...

Anonymous said...
We have been writing about BEND NAZISM forever, but essentially what does HITLER, HOLLERN, and RESNICK (SUTERRA) have in common?? Eugenics.


That shit was way too fuckin long. I shall call my Silvaculturist, that was poisoned by FS in No. Cal 30 years ago and lives in Bend , she is quite a slueth.
The Hitler shit is really stupid boyz.....or you are realy more paranoid than I. I find that hard to believe.. More later.

Anonymous said...

200ish

Anonymous said...

Suterra contracted by BUSH to develop 'alarm pheromone' chemical weapons that induce fear in large populations.

***

Pentagon Explores 'Human Fear' Chemicals; Scare-Sensors, 'Contagious' Stress in the Works?
By David Hambling EmailJanuary 18, 2008

American military researchers are working to uncover and harness the most terrifying chemical imaginable: that most primal odor, the scent of fear.
Scream
Pheromones are chemicals released by animals as signals to their own kind: for sex, for territorial marking, and more. They're often detected in the olfactory membranes. But there's more to pheromones than attraction. Many animals have an alarm pheromone which is used to signal danger; aphids, for example, use it to cause their fellow lice to flee.

Now, the US Army is trying to track down and harness people's smell of fear. The military has backed a study on the "Identification and Isolation of Human Alarm Pheromones," which "focused on the Preliminary Identification of Steroids of Interest in Human Fear Sweat." The so-called "skydiving protocol" was the researchers' method of choice.

The authors collected sweat, urine, blood, saliva, ECG, respiration, and self-report measures in 20 subjects (n=11 males and n=9 females) before, during, and immediately following their first-time tandem skydive, as well as before, during, and immediately following their running on a treadmill for the same period of time. Measurements between the test (skydive) and control (exercise) conditions were made on consecutive days, each experiment precisely matched to the minute between subjects and between conditions to prevent diurnal confounds. Emotional states were monitored using brief standardized questionnaires. For most of the observed compounds, men showed an increase in the compound emission during acute emotional stress, while women showed either no change or a decrease in emission of the compound.

In a lecture given at a 2007 Congress on Stress, the researchers hint at what their study found:

Our findings indicate that there may be a hidden biological component to human social dynamics, in which emotional stress is, quite literally, “contagious."

This work piggybacks on a 2002 study by the Ludwig-Boltzmann-Institute for Urban Ethology at the University of Vienna. Subjects wore underarm pads while watching a 'terrifying' film -- the horror movie Candyman -- or a 'neutral' documentary. Afterwards subjects were asked to try and distinguish between pads worn by people seeing each film. The results showed that they could -– though subjects thought the smell was aggression rather than fear.

Some have suggested that the human alarm pheromone could lead to chemical fear-sensors. The project Integrated System for Emotional State Recognition for the Enhancement of Human Performance and Detection of Criminal Intent (do they call it ISESREHPDCI for short?) specifically mentions the possibility of monitoring pheromone levels:

Such systems could be used to assess fitness for duty, integrated into closed loop systems regulating user vigilance and workload, or used to detect the sinister intent of individuals and prompt pre-emptive interdictions. These systems could unobtrusively monitor individuals within military operational environments or crowded civilian settings by relying on passive detection.

If they're trying to spot terrorists at an airport, it may not work: I know a number of people whose fear levels when approaching a flight would overload any fear sensor for miles. The suicide bombers are probably way calmer.

But what about offensive use? Pheromones are effective in minute quantities, so a wide area can be blanketed with just a few liters. Given sufficient concentration, would everyone exposed start suffering from an unidentifiable dread? The contagious aspect means that those affected would start churning out fear pheromone as well.

On its own, the alarm pheromone probably would not do much. But given an external trigger, such as a loud noise, it could influence people to start stampeding like spooked cattle. Then again, the bee alarm pheromone triggers attack rather than flight, and the Viennese study suggested something similar may apply to humans -- or are there multiple pheromones involved? Whatever is going on, this research is likely to uncover some novel and powerful ways of manipulating human behavior.

Some in the military research complex have been down this road before. Remember the so-called "Gay Bomb," that would make enemy combatants irresistibly attracted to one another? Speaking of which, all those web sites advertising pheromones to make you irresistible to the opposite sex haven’t actually got many decent studies to back them up, a topic I explored in last month's Fortean Times magazine.

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