Economic troubles push Bend plans back
By Erin Golden / The Bulletin
Published: November 17. 2008 4:00AM PST
From new roundabouts to sewer treatment upgrades and accessibility improvements, the ongoing economic slowdown is forcing the city of Bend to revise or hold off on plans for many large infrastructure projects.
Over the past year, as revenues from development-related permits plummeted, the city went through three rounds of budget cuts, laying off 44 workers and leaving another 55 positions unfilled. Officials have slashed costs across the board by reducing employee overtime and using more energy-efficient computer systems and vehicles, among other changes. The city has even dipped heavily into reserve funds to keep services running.
But for some projects, especially those with multimillion-dollar price tags, the cuts haven’t been enough.
The city is required by law to keep up with some work, including accessibility improvements and sewer system expansions, but it says other plans for wider roads, updated intersections and even a new City Hall are simply going to have to wait.
“As a result of revenue from the state going down, and on top of that, what our general fund is going through, we’re having to go through some reprioritization exercises,” said City Manager Eric King.
Water and sewer
After years of rapid growth across the city, many systems, from sewer to water to roads, are in need of upgrades and expansions. In some cases, the work is required so the city can stay in compliance with a variety of state and federal regulations.
Public Works Director Paul Rheault said his department recently completed work on one major mandated improvement — an $8 million headworks facility, where sewage is filtered before it reaches the city’s wastewater treatment plant. The city is required to increase the system’s capacity as the population grows.
Construction of the headworks project was supported in part by increased sewer rates, which went up by 14.5 percent in July.
Though Rheault said the new facility will help reduce the stress on the wastewater system, it’s not the only upgrade the city will need over the next few decades. Officials are currently working on a sewer master plan that calls for about $100 million in major pipeline projects that would allow more areas of the city to connect to the existing system. Rheault said the city will probably have to spend another $52 million to update and expand the treatment plant between now and 2030.
Though officials never planned to complete the work in the next few years, they say the budget cuts have pushed the time line even further. Now, City Engineer Michael Magee said the city will probably have to do the work in small sections. He said a project in southeast Bend to build an interceptor, or trunk line, will focus on the most problematic areas, one at a time.
“Typically, if you had the money, you would start at one end of the project to the other and work in phases, start at one end and work your way south to hook people up with the sewer interceptor as you go,” Magee said. “But with limited resources, we have to go at it differently, and look at the bottlenecks.”
The city is also working on a water master plan that would include about $100 million in upgrades to piping and treatment systems. Magee said plans for that work haven’t been narrowed down yet, but like the sewer projects, officials are looking at how to complete the upgrades in phases, rather than all at once.
Rheault said some smaller stormwater system upgrades are still on track, including a plan that would reroute water from flood-prone underpasses to a state-owned drainage area near the Colorado Avenue interchange with U.S. Highway 97. That project is still in the planning phase, and officials have estimated that it could cost around $500,000, money that will come from stormwater fees charged to residents.
Street upgrades and repairs
The building slowdown has created a dramatic drop in revenues generated by transportation system development charges — money that is used to fund a variety of large street projects. Transportation Engineering Manager Nick Arnis said the city expected to bring in between $4 million and $5 million in transportation SDCs this year, but has only received about $550,000 since the fiscal year started in July.
As a result, it might be awhile before a handful of major SDC-funded street improvements can get under way. Among the projects: a $20 million expansion and upgrade of Reed Market Road, which would include a roundabout at Reed Market and Southeast 15th Street, and $14 million in work along Empire Avenue, including a roundabout at Empire and Northeast 18th Street.
Arnis said the city is looking to start with small parts of the projects, some with the help of developers who agreed to chip in as part of their development agreements with the city. He said some of those partnerships have already been formalized for the Reed Market work, which was supposed to have been finished last year but was delayed because of the tight budget.
“I think taking the projects (and) phasing them is going to be really important; finding the partnerships with the state or private developers is going to be really important,” he said.
Arnis said engineers are currently working to get the plans for the Reed Market and Empire projects and others, including a fix for the congested intersection of Cooley Road and U.S. Highway 97 in north Bend, ready so they won’t have to wait to start building when the money becomes available. Arnis said the city is working hard to look for additional grants and private funding options, but it isn’t yet clear how long it will take to find enough funds to complete the majority of the work.
The tight budget situation also means smaller street projects will be tougher to finance.
Street Division Manager Hardy Hanson said his office lost about $50,000 for paving operations in the last round of budget cuts. After three cycles of budget adjustments over the last year, he said the city has about $1 million in its fund for patching and paving roads, down from about $1.5 million before the local economy started to slow down.
The division is funded with money from the city’s general fund, along with state grants and gas taxes. With fewer dollars coming in from all three sources, officials have dipped into the street operations reserve fund, which has dropped from about $1.6 million at the end of the 2006-07 fiscal year to a projected $613,000 at the end of the current fiscal year.
Hanson said those numbers mean the city will only be able to repave most streets once every 36 years. He said the industry standard is to do the work every seven to 10 years — a level the city was working toward before the economic downturn hit and created a hole in the Street Division’s budget. Now, Hanson said the city is spending its limited resources sealing individual cracks and holes in the roads, rather than repaving them altogether for a more lasting fix.
“A lot of what we’re doing is Band-Aids, where before maybe we could do surgical improvements,” Hanson said.
Other projects
Over the next few years, the city must also complete a variety of accessibility improvements.
As a requirement of a settlement with the U.S. Department of Justice, Bend needs to make all sidewalks, curb ramps, parking spaces and government buildings compliant with the Americans with Disabilities Act by 2014. In addition, the city must bring all of its Bend Area Transit bus stops into compliance with federal regulations by 2012 because of a separate settlement with Disability Rights Oregon, formerly called the Oregon Advocacy Center.
The city has made progress on some of the improvements, installing new handicapped parking spaces downtown and updating some bus stops. But there’s still more work to be done; officials have said there could be more than 1,000 ramps around the city that need to be fixed.
The city set aside $1 million for the work, but King said it won’t be enough. He said officials haven’t narrowed down exactly how they’ll pay for the upgrades but said debt financing is one of the options on the table.
“We’re under those settlement requirements, so we have to do our best to comply with those — we can’t not do them,” King said. “That’s something we’re going to have to figure out how to finance.”
Officials said a variety of other large projects up for consideration over the past couple of years — a new City Hall, a permit center, the Heritage Square downtown concept — probably won’t see the light of day for a while. But King said he wants to keep the plans for those projects up to date for a time when finances aren’t so tight.
“We definitely just aren’t able to move forward as quickly as we’d like. ... But that doesn’t mean that we’re completely abandoning those things,” he said. “We’re still trying to put ourselves in a good position so we’re ready when funding becomes available.”
What's amazing is that these people look at a 80-90% drop in SDC's to $550K.... but, by God, they still got their eyes on a $20 MILLION roundabout on Reed Market. And luckily they had the FORESIGHT to "defer" (ie cancel) all builder SDC charges to fight this housing glut.
Then there are the $250+ MILLION infrastructure required fixes. That's around $3,500 for ever person in Bend. And that's just to get sewer & water upgrades & improvements that we MUST HAVE right now!
And of course NO ONE at City Hall will even acknowledge that we're in the Worst Slowdown in a Generation. No, it'll all be alright. We'll return to the Hyper-Growth Bend of the Past 25 Years, cuz that's all I can remember.
Think again dumbshits. Businesses closing (Cessna, etc) and people LEAVING is going to be the DOMINANT THEME for the next decade, and almost certainly longer. These required fixes will probably go to $5,000 per capita at a time when incomes & profits are imploding.
Again, not to rub salt in the wound, but THIS IS WHAT YOU GET FOR BLOWING THE LARGEST SURPLUS WE WILL EVER RECEIVE AS A TOWN, AND DOUBLING DOWN ON REd OVER AND OVER AND OVER AND OVER...!
It should NOT SURPRISE ANYONE that this has happened. This city's infrastructure is IN TATTERS because we spent every fucking cent we got on PR & MARKETING and RE WELFARE, and NOTHING on infrastructure.
"How could anyone have predicted...?"
Right. That's like asking a slot-jockey if they think they'll lose everything. There's a difference between PREDICTION & MYOPIC OPINION OF THE DELUDED. Of course a gambler THINKS they'll win, that's why they're there. And of course, overall, they NEVER DO. THIS is why no one at City Hall could have predicted this slowdown: THEY'RE STUCK IN A GAMBLER MENTALITY. Always THE NEXT HAND is going to BRING ME BACK. The End Game of this mentality is ALWAYS THE SAME: 100% CRACKER ASS CRACKER BROKE.
This is why almost everyone in City Hall is 100% unqualified to hold their position. "Cut SDC Charges" = DOUBLE DOWN on 12. Whn you're flat ass broke sitting at the blackjack tables, PR & MARKETING ain't going to do SHIT.
But that is what we will do. See, they aren't betting THEIR MONEY. They are betting OUR MONEY. They are betting OUR TOWN. They have NOTHING TO LOSE. They'll just lose their jobs. WE WILL LOSE OUR TOWN.
We're going broke. And it's because NO ONE CARES. COAR & COBA bought City Hall.
Don't think they'll push us RIGHT INTO THE ABYSS?
Where's marge? Why is she GONE? Yeah. Free Speech is the sworn ENEMY of the characters who have BOUGHT & PAID FOR our City Councilor WHORES. RE has tapped into a multi-hundred-million dollar kitty... for LESS THAN PENNIES ON THE DOLLAR. They bought their City Councilor WHORES for next to nothing.
They have zero incentive to save this place, and 100% incentive to enrich themselves as much as possible, before BK-ing this place. And when it goes BK, YOU & I will pay. For DECADES. They are lining their pockets, getting dollars for less than a penny, and you & I are supplying the dollars & taking the pennies.
So I apologize to Buster & BEM regarding their optimism that Bend "can be saved". I don't think it can be saved. We've elected THIEVES to office, and their puppeteers DO NOT CARE about anything but lining their pockets. No COCC expansion. No road improvements. No statutorily required sewage improvements.
We're already in hock for 10-20 years. And with our recent elections and the economic implosion, it's going to get worse. We're down to our last $100 (started with $100 million) at the blackjack tables, and we're going to go into PR & MARKETING OVERDRIVE (asking the dealer for money), and we're claiming that "we couldn't have possibly known THIS was going to happen".
Really? Didn't think you were going to lose? Didn't think the dealer would tell you to FUCK OFF? You're surprised?
Yes, this is exactly what we are being told. And most people are swallowing it whole. No questions asked. Kool-Aid mania still running strong.
WE'LL BE BK WITHIN A YEAR, 80-90% REVENUE REDUCTION, AND NO ONE AT CITY HALL ACKNOWLEDGES ANYTHING BUT A TEMPORARY SLOWDOWN.
THIS is why we are doomed. This town is being 100% DESTROYED BY our elected officials. Why? They are WHORES for local development interests who BOUGHT them for pennies on the dollar. WE ARE DOOMED.
360 comments:
«Oldest ‹Older 201 – 360 of 360 Newer› Newest»November 19, 2008
Dear Brokers and Friends;
With the continued challenges facing the real estate market, I wanted to make you aware of upcoming changes for our Bend office.
In 2001, we opened our Bend branch office to accommodate the increased demands of the rapidly growing real estate market. Now, we must adapt to the slowing market in a manner that is sustainable for both the company and its brokers.
Effective November 30, we will consolidate all our operations into our main office in Sunriver. Brokers working from the Bend office located on SW Bond St. will have the opportunity to move to our Sunriver office, where we will provide the tools and resources needed to continue providing our clients with outstanding service.
Along with the consolidation of offices, other changes we are implementing include the continued shift away from traditional print and direct mail marketing to more web, electronic and non-traditional marketing channels. This includes electronic newsletters, enhanced search capabilities on our website, and an electronic version of our High Standard buyer's guide.
For our brokers who would like to remain in a Bend office, we have made arrangements with Coldwell Banker Morris to provide desk space and transfer their current listings.
I do not need to tell you that these are trying times for all of us in the real estate industry. We remain optimistic about the future, and are confident that the changes we are making will allow us to continue to provide the high level of service that has been a hallmark of Sunriver Realty for 40 years.
These changes will not affect the operations of Sunriver Realty's office in Sunriver, which will continue to operate from the existing location we own and occupy in the Sunriver Mall. We are the #1 brokerage company in the Sunriver, Crosswater, Caldera Springs, Vandevert Ranch and Three Rivers South areas, and will work toward increasing our position in these active and growing markets.
I am proud of the work and dedication of our team of brokers in Bend, and the leadership they have received from Carolyn Bostwick. Each member of the team has earned our sincerest thanks and respect for their efforts.
Sincerely,
John Fettig
Principal Broker
Sunriver Realty
>> he's secretly a Bend tycoon, with zillions of wage-slaves groveling below him
A nice idea, but patently untrue......BUT I'll play along.
Now BACK TO WORK MOTHERFUCKERS!!
Exxxcelllennt.....
Al-BUSH-QUEDA Calls the OREO a 'HOUSE NIGGER', ... Malcolm-X rolls in Grave
Qaeda scorns Obama with racial slur, urges attacks
Wed Nov 19, 2008 3:10pm EST
By Randall Mikkelsen
WASHINGTON, Nov 19 (Reuters) - Al Qaeda's deputy leader accused Barack Obama of betraying his race and his father's Muslim heritage on Wednesday and urged more attacks, as the group tried to counter the incoming U.S. president's global popularity.
Osama bin Laden's second-in-command Ayman al Zawahri attacked Obama as a "house Negro," a racially-charged term used by 1960s black American Muslim leader Malcolm X to describe black slaves loyal to white masters.
"You represent the direct opposite of honorable black Americans like ... Malcolm X," Zawahri said in al Qaeda's English translation of his remarks. It was al Qaeda's first high-level commentary on Obama's election on Nov. 4.
Zawahri criticized Obama's support for Israel and plans to send more U.S. troops to Afghanistan, where he said they were destined to fail. He called on Islamist fighters to keep striking a "criminal" United States until it withdraws from Muslim lands.
U.S. officials and analysts, alert for signs of an attack in the period leading up to the transfer of presidential power on Jan. 20, said there was no sign of an imminent threat.
They cast Zawahri's message as an attempt to shift al Qaeda's focus from U.S. President George W. Bush and maintain an enmity against the United States among its supporters.
"They're faced with what is by any accounting a change in this country," said one U.S. counterterrorism official who asked not to be identified.
"The way they're dealing with the change represented by the election of an African American as president of the United States is to insist that nothing has changed," he said.
Obama's transition office declined to comment.
His election was greeted with broad hope in the Middle East, where relations with Arabic countries were deeply strained under Bush.
Daniel Benjamin, a counterterrorism official under former President Bill Clinton, said Obama's election on a platform of breaking with Bush policies was a boost to American "soft power," or nonmilitary international influence.
"I think they (al Qaeda) are deeply threatened by the fact there is a new American president and that he has come to office saying he wants to have a more constructive relationship with the one billion Muslims in the world."
Zawahri, he said, "feels like he has a competitor for the hearts and minds."
Zawahri referred to Obama's father, who was raised Muslim but became an atheist. Obama is a practicing Christian. "You were born to a Muslim father, but you chose to stand in the ranks of the enemies of the Muslims," Zawahri said.
The Malcolm X reference appears to reflect the influence of American-born al Qaeda spokesman Adam Gadahn, believed to be close to Zawahri, said a U.S. terrorism monitor who goes by the pseudonym Laura Mansfield.
Zawahri has employed the "house Negro" insult before, when in 2007 he used the term to label Secretary of State Condoleezza Rice and her predecessor, Colin Powell, who are both black.
"And in you and in Colin Powell, Rice and your likes, the words of Malcolm X ... concerning 'House Negroes' are confirmed," Zawahri said in the message released on Wednesday.
His spoken remarks could also be translated as "house slaves," but the accompanying English translation used "house Negroes." (Additional reporting by Inal Ersan and Firouz Sedarat in Dubai) (Editing by David Storey)
Homer,
Do you think Mr. Burns will give you an xmas bonus?
We really need to purchase a 55gal drum Suterra LBAM-F for my school science project.
Pleeeeeeze dad, pleeeeze.
Bart
Shit. Did we really elect a Muslim? Why did no one mention this before the election? Was his father really Muslim? I can't believe that.
"house slaves," but the accompanying English translation used "house Negroes."
*
Jeebus xmas, we're talking about house-niggers and field-niggers, today in USA United-Slavery-Amalgamated, that be wage-slaves, blue&white collar.
Was his father really Muslim? I can't believe that.
*
OREO had many fathers, as is quite common with a man that was raised by his white grand-ma, in Hawaii.
His longest father was REV Jeremiah Wright, a Black Liberation Theology, who traveled widely with Farrakhan in mecca ( Saudi ).
Wright's brand of 'christianity' is to embrace the baby-jeebus, but talk the talk of malcolm-x, Farrakhan's muslim brother.
The OREO ain't black, cuz he was raised by a white granny.
The closest that the OREO ever got to black people, was by marrying Michelle.
It was the REV Wright the political mentor of the OREO for over 20 years that introduced him to Chicago politics.
For all purposes Wright was Obama's father, until the election, when Obama had to distance himself.
Wright worked closely with the Black Muslim Brotherhood ( US MUSLIM's ), Wright's rhetoric is identical to that of Farrakhan.
That said, I love all of this, it means we're going to hear some real jive in the coming years.
The OREO had no father figure since child-hood, REV wright was the first man that OBAMA ever respected.
For over 20 years Wright was for all effect the father of Obama.
"The closest that the OREO ever got to black people, was by marrying Michelle."
---
That's pretty close. Practically inside.
NEW YORK — Wall Street hit levels not seen since 2003 on Wednesday, with the Dow Jones industrial average plunging below the 8,000 mark amid a dour economic outlook from the Federal Reserve and worries over the fate of Detroit's three automakers.
A cascade of selling occurred in the final minutes of the session as investors yanked money out of the market. For many, the real fear is that the recession might be even more protracted if Capitol Hill is unable to bail out the troubled auto industry.
Investors also scoured economic data that included minutes from the last meeting of the Federal Reserve in which policymakers lowered projections for economic activity this year and next. Economic worries caused across-the-board selling, with financial stocks particularly hard hit.
"I'm comin', Elizabeth, it's the Big One!" -- Redd Foxx
Thanks a whole fucking bunch, Smirky and the rest of you right-wing fucktards. You finally did what you've been trying to do for the last 30 years -- you killed the American economy.
>> Thanks a whole fucking bunch, Smirky and the rest of you right-wing fucktards. You finally did what you've been trying to do for the last 30 years -- you killed the American economy.
Hell YES, soon I won't have to pay that wretched 7.5 FICA for my HOs.
one industry that is thriving right now- guns, ammo, reloading components.Everyone is in a panic for when bama gets in there he will tax it al 500%. ,sportsman warehouse, bimart shelves are getting bare.Nosler must be busy.
SELLING YOUR TIME is a wage-slave, whether you be a lawyer, doc, cpa, ... you selling your time, you be a wage-slave. Your somebody's fucking employee...
Exactly. When I ran my show, I sucked customer cock harder than I do now. Much harder. I was the low bitch on the totem pole.
Again, something of a false dichotomy: I've been an Owner & a Wage Slave... Owner is WAY overrated, and wage slave doesn't require anti-depressants at night. I leave baggage at the door when I walk out.
Locked and well loaded, cleaned out Sportsman's.
Re: Locked and well loaded
What did you get?
These Tikka's are looking better and better to me.
I am not looking at targeting a perfect T-3 shot at 300 yards. The deer are in my yard if I get that hungry. As a matter of fact a young deer got hung up in my nighbors new(too fucking high for the deer fence) tonight. He was flailing against the irrigation pipe on the fence with his foot caught in the top 6 inches and screaming his head off with the herd of 9 sniffing at him wonderiing what to do. Oh shit, I threw my shoes on, put my .22 pistol in my pocket in case it was really badly broken and grabbed my dykes...did the 50 yard dash and fortunately after 6 wire cuts he was free and basically unharmed.
As to the T-3 Tikka, I don't hunt animals or people so no need for the distance of that weapon. My .410 and .20 are good for the home place. The pistols each have a place. Ammo count is high and hidden. Just try it Obama, you won't take mine or find them dog. :)
Thanks a whole fucking bunch, Smirky and the rest of you right-wing fucktards. You finally did what you've been trying to do for the last 30 years -- you killed the American economy.
*
HBM, I'll NOT let this stand, first of all we here at this BLOG, are to the LEFT of you NAZI HOLLERN/CHANDLER SUCKING PARASITES at the SORE&BULL.
We're so far to the left of you that HBM is a fucking right-winger, just like Rush Limbaugh.
To suggest that we are right wing fuck-tards is bullshit, we're fuck-tards, but we're far to the left of you.
We don't suck hollern/chandler cock, and we don't apologize for the BEND kleptocracy, you HBM epitomized what is wrong with BEND, .e.g. people who call themselves progressive, but voted for PALIN/CAIN.
Owner is WAY overrated,
*
field nigger: yes-em, mr homer he got it right
house nigger: yes-em, mr homer he know his place,
plantation owner: listen to homer he knows
field nigger: Yes-em, mr homer he be a massa, for a week, and he get real sick from all da stress, way better to be a nigger in da field
house nigger: Yes-em, mr homer he learned his place,
Owner: Get back to work, and send me up the youngest and prettiest nigger, I got cleaning I need done.
I have a Tikka T3...really hard to beat it for the money. Seems to like Federal ammo more than others. Very accurate right out of the box.
T-3 is great and using common and good Federal ammo is a huge plus as it it so far available. But yesterday was "Buy Ammo day" so it may have cleared the shelves for a bit.
So, on a unwanted aside, the CC spent half-million on software with no comment.
Missed the bus discussion, so we'll have to read it in the BULL tomorrow.
But most interesting is an hour of Exec Session from 6 to 7, and more Exec Session at the end of the night.
Something's up. Us simple taxpayers just are not allowed to know.
City of Bend to designate JR-BURA as 'Bank Holding Company'.
....
Smithers, Let's play the math game, ...
$6M LOC from BofA for JR-BURA in 2008, $2.5M from Suterra, that's $8.5M, and only $4.3M was budgeted for the Suterra SDC. That $4.2M that can be used to pay Knife-River for 'other' JR-BURA services, ...
Remember BURA is 'Urban Renewal', WTF is JR about URBAN?? SO why not use the money for KR snow-plows??
There is NO other choice, and its the only way the city can 'indirectly' borrow money. The city couldn't just get a BofA LOC on its own account to pay the bills, that would be against the city-charter, but JR-BURA can BORROW money for 'INFRASTRUCTURE', its all a fucking racket.
JR-BURA is a CON-GAME using the City of Bend credit rating to BORROW money from BofA to pay Bend Bill's and meet the salary of City-Manager ($300k/yr), and the new lawyer($400k/yr), FUCK everything else, but DEBT will carry Bend to hell.
Once JR-BURA becomes a 'bank holding company' then we can get almost all of the $700B 'bail-out', which will fix all the infrastructure that wasn't done 1990-2008 in order to make Hollern Richer. Perhaps a few Billion of the bail-out money can go to Hollern, and we can have two-fer??
I love spending money we don't have. Let's plan on how Bend can spend the $700B. Water-Slide? Tram-way from Bend to top of MT-B??
Bring it ON!!
WSJ cover this AM on the stock collapse .... HELLO DOW 4000, coming soon,
I bet you HOMER month's ago it would go to 4000, you predicted 6500? I think even 4000, may be too high of a historical, but at least its a P/E 6 support level.
With GM now calling itself a 'bank holding company', the $700B will not even cover US-AUTO.
There is still the case of the missing $2 trillion that Bernanke stole since sep2008, and Bloomberg has a lawsuit.
Good editorial today on OREO in WSJ, He's got a WELFARE-QUEEN cabinet, the whole 9 yards, ... But so far NO picks for Treas&Econ.
Hell YES, soon I won't have to pay that wretched 7.5 FICA for my HOs.
- burns
*
How's that? You laying them all off?
JANET RENO to be 'homeland security' HUNTA for OREO. I thought he was going to get rid of the fucking BUSH Nazi 'FatherLandSecurity'?? Now if we can just find some Branch Davidian children to incinerate this 'change' can be complete.
[ Well this bitch is as fucking dog-ass ugly as Reno ]
Name:Gov. Janet Napolitano
Resume:Arizona Governor
Possible post: Homeland Security (MATT YORK/AP / August 20, 2003)
WASHINGTON - Democratic officials say that Arizona Gov. Janet Napolitano is a leading contender for the job of secretary of homeland security in President-elect Barack Obama's administration.
The critical things about JANET-RENO bitch II, running HOMELAND is that HOLDER, the very GUY who kept RENO out of prison for burning the children alive, is also the fucking guy that lobbied to have AIPAC Marc Rich pardoned.
The OREO change, is DEJA, I feel like its 1992 all over againg.
***
But it was during his tenure as the number two at DOJ that the department, helmed by Attorney General Janet Reno, stirred up considerable controversy. Some incidents could haunt a Holder confirmation hearing, though sources tell ABC News that signs are favorable that Holder would be confirmed.
The city's $400k software system is a child porn retrieval system.
It is assumed that city staff and city hall for that matter will be working overtime. 'Learning' the new system.
But most interesting is an hour of Exec Session from 6 to 7, and more Exec Session at the end of the night.
Of course I didn't question the exec session I just sat quiet and smiled a lot, they like that in a man. I learned this from Trudi.
Something's up. Us simple taxpayers just are not allowed to know.
Of course you and me don't really want to know what they do or talk about in those Executive Session's I never ask. We have an official "Don't Ask Don't Tell" policy. I don't ask, and they don't tell.
Something is always up, but you'll never learn it from me. Because I don't know, and I don't care.
I don't even know why I go to these meetings.
I do know that 'simple taxpaying' people aren't capable of understanding what goes on in these meetings, and thus all of you wouldn't understand, even if I understood.
But most interesting is an hour of Exec Session from 6 to 7, and more Exec Session at the end of the night.
Of course I didn't question the exec session I just sat quiet and smiled a lot, they like that in a man. I learned this from Trudi.
Something's up. Us simple taxpayers just are not allowed to know.
Of course you and me don't really want to know what they do or talk about in those Executive Session's I never ask. We have an official "Don't Ask Don't Tell" policy. I don't ask, and they don't tell.
Something is always up, but you'll never learn it from me. Because I don't know, and I don't care.
I don't even know why I go to these meetings.
I do know that 'simple taxpaying' people aren't capable of understanding what goes on in these meetings, and thus all of you wouldn't understand, even if I understood.
Thanks a whole fucking bunch, Smirky and the rest of you right-wing fucktards. You finally did what you've been trying to do for the last 30 years -- you killed the American economy.
-hbm
We be fuck-tard's if 'fuck' means INDEPENDENT.
HBM you be a DEM-TARD, a shit eating parasite that consumes every turd that OREO tosses your way.
Your solution to all issues is to delete. Your incapable of debate. Why not crawl back to the SORE, there may be something on the SORE-WEBSITE that has been posted for you to delete.
A DEM-TARD just approves whatever the OREO gives him.
Remember HBM we here be FUCK-TARD's, but we all INDY, we despise the DEM&PUG.
FBI declare's that 'eco-tourism', #1 terrorist group in BEND-OR.
It's official BEND-OR is again #1.
FBI boosts reward for Central Oregon eco-terrorists
KTVZ, OR - 9 hours ago
Overaker in particular was named in court documents as part of the toppling of the BPA high-voltage power line east of Bend. "All four of these fugitives ...
I bet you HOMER month's ago it would go to 4000, you predicted 6500? I think even 4000, may be too high of a historical, but at least its a P/E 6 support level.
No, I said the 5's would be Good Buying. From that post:
The Good News? We will probably hit nominal lows soon. That lower band stands at DJIA 5,190 today. I will state right now, that I would go all in at that point. That would mark an almost incomparable nominal low buying point in our lifetimes.
Yeah, this wk the yield on the 30yr US Gubmint (or 10 yr?) went BELOW the yield on the S&P500.... first time in 50 years.
The bad news? That the Nikkei yields 2X what Jap Gubmints yield.
When the dam busts, weird shit can happen...
Shit, GE, the go-go industrial of the dot-com bubble, YIELDS 10%!!! Supposedly one of the safest names in US Corporate History, this thing will probably be forced to cut it's dividend soon.
Seems like JNJ & Wal Mart are the new vanguards...
And this crack below 8,000 is starting to look like another quick leg down, instead of a S/T double bottom...
Shit, even Citicorp is starting to look like a possible BK candidate.
Get nervous at $5, PULL OUT YOUR MONEY at $2.
That fucker hit $5.02 this morning....
I was gonna post a link to a chart to WaMu, to illustate what happens once they hit $5....
'Course WaMu is GONE.
Speaking of TROUBLED BANKS IN THE $5's...
Good Old Cracker Ass Cracker Broke went into the $5's yesterday. Gotta go back to the Dark Days right after 9/11 to find those sorts of CACB stock prices....
Brings the TOTAL RETURN on CACB over the past 10 years to...
MINUS 10 PERCENT!!!
$6.30 ten years ago, today $5.60. Good going MossCo!
Did you notice on the Sunriver Realty story about them closing their doors, that KTVZ repeated over & over that NO JOBS WILL BE LOST?
Really? Is it because NONE OF THE AGENTS INVOLVED ARE EMPLOYEES? Is it because you've OFFERED to pack them in like firewood down in Sunriver and YOU KNOW many won't do it. You also "offered" them to start paying desk fees to Coldwell banker, who may well tell you to F OFF since they know damn well you're keeping the wheat & sending them THE CHAFF?
What a load of shit. These 22 agents have pretty much lost their jobs. Maybe the top 4-5 will be in RE in 90 days. That's All.
But according to KTVZ, the REAL STORY is the EXPANSION of the SUNRIVER OFFICE! Yeah! RE IS FINALLY COMING BACK!!! WE'VE HIT BOTTOM!!!!
Even Brother Buffett has got to be hurting... Berkshire has been cut in half in 2 months!
That is brutal.
Citi stake isn't what it used to be
Commentary: Saudi Prince Alwaleed isn't betting much on Citi
By MarketWatch
NEW YORK (MarketWatch) -- Back in 2006, Saudi Arabian investor Prince Alwaleed bin Talal bin Abdulaziz Al Saud was on top of the world.
His stake in Citigroup Inc. was worth $13 billion, maybe more, and the U.S. financial services conglomerate was on its way to another year of profits in excess of $21 billion. His biggest concern with the investment was another Prince: Charles Prince, Citigroup's CEO at the time, who was under fire for not maximizing the bottom line.
But times have changed. The man Time Magazine has called the Arabian Warren Buffett has watched his stake in Citigroup shrink. He now holds less than 4% after dilutive capital injections from several investors, including a $7.5 billlion investment from the Abu Dhabi Investment Authority announced 11 months ago.
In a bid to support the company and perhaps boost his dwindling fortune, Alwaleed said he will increase his stake in the company to 5%. See full story.
Based on Citi's recent share price -- shares fell $1.41 or 22% in morning trading to $5.17 -- a 5% stake in Citi is now worth $1.4 billion. Alwaleed will only need to buy a little more than $280 million in Citigroup stock to raise his stake to that level.
That's not to say that the support of a long-time Citigroup investor isn't important. But investors don't seem to be blown away by that kind of cash infusion in a company with a balance sheet of about $2 trillion in assets.
The prince is finding out the hard way that investing in Citigroup isn't what it used to be.
Damn. I guess I don't feel so bad... some of the richest people on Earth are losing REAL MONEY.
Buffett, Gates, Alwahleed... those sonsa bitches were REALLY RICH.
They're still rich.... but DAMN. Alwaleed's Citi stake is down 90% from 2007 highs. MSFT has been killed over the past 10 years. Buffett's probably lost $25 billion faster than any human alive... not that there's a big pool of candidates.
Re: Bring it ON!!
###
Buster, you're up early--how long did that second Exec Session last?
I'm going to ask Dave Adams what the hell they were talking about for so long. I suspect the quality of Suterra's financing.
Re: The city's $400k software system is a child porn retrieval system.
It is assumed that city staff and city hall for that matter will be working overtime. 'Learning' the new system.
###
Wow, somebody got the bright idea of impersonating me. That's a new one.
As for not asking, where were you?
Even Brother Buffett has got to be hurting... Berkshire has been cut in half in 2 months!
That is brutal.
*
No HOMEE, its a 'holding company', and BUFFET is now finally being subject to the laws of his alleged mentor 'graham', which was "Never fuck with a holding company, you'll lose all your money".
No accident today that Bernanke will only hand-out bail-out from the $700B to a 'bank holding company'.
Note TODAY GM, is now calling itself a 'bank holding company'.
A 'holding company' is just another word for 'toxic pool' of toxic-stocks.
Did you notice on the Sunriver Realty story about them closing their doors, that KTVZ repeated over & over that NO JOBS WILL BE LOST?
Really? Is it because NONE OF THE AGENTS INVOLVED ARE EMPLOYEES? I
*
No its TRUE, I have been writing forever here on this SUBJECT, all these RE-HO KUNTS were paying $1k/mo for a 10by10 office cubical.
The real question, is what took the 2,000 RE-HO's so long to move back home with their parents.
"NO JOBS were lost in BEND".
HOMER YOU MUST understand that the real BEND REHO gold rush, was getting 2,000 realtors to fork over $1k/mo, that be $2M a month that a few commercial leasing companys bought.
Now the good news!! All of BENDs commercial will now be empty.
NO JOBS WERE LOST!!!!!!!!!!
Actually, the Exec Session was to "discuss real estate and other matters".
Another sign the the end of the world as we know it:
Baseball Will Freeze Spending Next Season as Economy Falters
The Good News? We will probably hit nominal lows soon. That lower band stands at DJIA 5,190 today. I will state right now, that I would go all in at that point. That would mark an almost incomparable nominal low buying point in our lifetimes.
*
Do it HOMEE, and I'll be reminding you when its below 4000, cuz its coming.
There is NO choice, this thing has to unwind, and that means selling EVERYTHING.
Hey BITCHES, good news, ...
BEND has got the vote of HIGH confidence.
CACB is down 27% in two days, right now hovering @ $5.
There you go HOMEE the buy of a lifetime.
Marge, Buy SPAM, its the only stock that is going UP.
PROTOCOLS FOR ECONOMIC COLLAPSE IN AMERICA
by
Al Martin
And this is how the U.S. Treasury would handle an economic collapse.
It's called the 6900 series of protocols. It would start with
declaring a force majeure, which would immediately be interpreted by
the marketplaces as a de facto repudiation of debt. Then the SEC and
the various regulatory exchanges would anticipate the market's
decline, hour by hour -- when Japan's markets opened the next day,
what would happen when the European markets, and all the inter-
linkages of the global markets. On the second day, US Special Forces
would be dropped in by parachute in the cities where the twelve
Federal Reserve district banks are located.
The origin of these protocols comes from the Department of Defense.
This is contingency planning for a variety of post-collapse scenarios.
Those scenarios would include, obviously, military collapse, World War
III, in other words, and its aftermath. What we're talking about now
is aftermath -- how the aftermath would be handled.
One does not necessarily know how the events would transpire that
would cause the collapse, whether it's military collapse or economic
collapse. In World War III, it would become obvious -- when the
mushroom cloud started to appear over cities.
Economic collapse scenarios were always premised on the basis of a US
declaration of force majeure on debt service. It's a very extensive
scenario. The scenarios are all together, i.e., military, economic,
political and social complete destabilization leading to collapse.
Then they break down individual scenarios. In the economic collapse
scenario, the starting point would be the United States Treasury
declaring a force majeure on debt service, which is de facto
repudiation, and that's how it would be interpreted by the world's
capital marketplaces. Then the scenario goes on from there. The US
Treasury would obviously declare a force majeure sometime after the
European markets had settled down. In other words, they had gone out
on the day, which means 11:38 a.m. EDT, our time. They'd wait until
the European markets closed, and the US markets had been open for a
couple of hours. That's when they'd determine how to begin the process
of unwinding or controlling the collapse to the best extent possible,
mainly because they know that the greatest hedge pressure would be
people seeking to use other markets to hedge their long exposure in
the United States and that the US would be the biggest seller in all
the rest of the world's markets. Therefore you would want to declare
the force majeure when the rest of the world's markets closed. The
declaration of force majeure would be precipitated by the declaration
that the United States is no longer able to service its debt. That's
pretty simple. Who makes that decision? The Treasury Department. The
President does not make that decision. The Secretary of the Treasury
does. He has that authority.
You might ask -- wouldn't he have his arm twisted not to do that?
The answer is that if there isn't any money left to service the debt,
it doesn't make any difference what the current regime might want to
do.
The day of reckoning is now coming. What has happened in the interim,
from 2001 to present, is dynamic, global economic deterioration. The
economic deterioration visited upon the United States by Bushonomics
is not a localized event. It is, in fact, global. We have a planet now
that is sinking into a sea of red ink.
The United States is consuming 80% of the planet's savings rate to
finance its debt. The central banks of Germany, Japan and Saudi Arabia
are no longer the powerhouses they used to be. Their reserves have now
been substantially depleted. They can, therefore, no longer hide the
fact that they own a certain number, likely in the trillions of
dollars, of U.S. Treasury debt that isn't being serviced, because they
can't hide it through bookkeeping tricks anymore because their
reserves are so depleted.
Therefore somebody has covertly been putting demands on the Bush-
Cheney regime for payment. Why do you think 2900 metric tons of gold
is depleted from U.S. inventory since March of `01?
Why do you think that $2 billion in currency seized from Iraq last May
is now unaccounted for?
Someone is putting demands on the Bush-Cheney regime. Someone is
saying to the Bushonian Cabal that -- You've got to start servicing
this debt because we, foreign central banks, are in nations - European
and Asian - whose reserves are now nearly exhausted.
Who could be putting that kind of pressure on them?
It has to be coming from whoever is organizing this thing at the very
top, which I would tend to think has got to be most likely a cabal of
people that would involve Henry Kissinger, James Baker, George
Schultz, possibly William Simon. It would be somebody at the very top
that is familiar with how to do this. It would have to be someone
familiar with finances.
So would this be one faction of a cabal blackmailing or forcing
another faction? No, it's not really blackmailing. It's being done out
of desperation. The German, Japanese and Saudi central banks are
saying to the Bushonian cabal, You've got to start servicing this debt
because we don't have the reserves to cover you anymore. We can no
longer make it appear that the debt is being serviced because our own
reserves are so substantively depleted. Therefore you must begin to
cover this debt. If you don't, then, at some point, we will have to
publicly admit in order to save our own necks -- that we were the end
buyers of a lot of stealth debt, a lot of debt that your Treasury
issued illegally and has never serviced. That would then expose the
whole cabal.
The Kissinger-Baker faction are at the top of how this was done on the
economic side of the equation. They were not the original insiders so
much, but the managers of the conspiracy from the U.S. Treasury, to
wit, the U.S. Treasury and Federal Reserve role-play the part.
Take Henry Kissinger. It may not have occurred to anyone why in the
last 3 years Henry Kissinger has been back in Washington more than he
has in the last 30 years. And why are all these quiet meetings in
Washington with alleged senior Bush-Cheney regime officials, as
foreign news services endlessly put it. It's because Kissinger is the
point man. He's the one that is telling them the disposition of other
foreign central banks.
Kissinger would probably also be involved in transfer or hypothecation
of any assets from the cabal. In other words, they're being stolen
from the American people by the Bush-Cheney regime and the Bushonian
Cabal, and they are being used to hypothecate, transfer, service, or
otherwise carry this debt held by certain foreign central banks.
The process of unraveling has already begun because of ever-spiraling
Bushonian budget deficits. The Bush-Cheney regime, even in its overt
policies (now they're overt political, economic, social and military
policies) is generating $600-billion-plus deficit per year, which is
consuming 80% of the planet's net savings rate.
It doesn't have the slack. In other words, it can't refinance stealth
debt by issuing more stealth debt anymore. Nor can they bleed money
out of the system like they could in the 1980s by hiding it when the
overt policies of the Bush-Cheney regime are already producing a
budget deficit of 6% of Gross Domestic Product. There is no other
mechanism that they could use anymore to hide expansion of debt that
could be used to service said stealth debt, and they are, frankly,
running out of assets that they can steal from the American people.
So the proverbial day of reckoning is coming. The Bush-Cheney regime
(and I give them credit for this) are telling the American people
what's coming, knowing the American people are too stupid to
understand. They are telling the American people about the re-
institution of the Gold Confiscation Act and the sudden scrapping of
the Treasury's emergency post-collapse gold note scheme to maintain
domestic liquidity.
David Walker, US Comptroller General and chief of the GAO has said
that should the Bush-Cheney regime be re-ensconced into power and,
hence, the scourge of Bushonomics persist, that the United States
could no longer service its debt beyond 2009. They're not hiding it
from anybody anymore. They are telling you what's happening. Now, what
does that mean? The key is in what Walker is saying when he says the
debt can no longer be serviced. I've been asked this on the radio
shows. People have noticed what Walker said because he's out in the
news more often than he used to be. It's unusual for the Comptroller
General of the United States, which is a rather arcane position, to be
out in the news so much.
It simply means that when he says the United States will no longer be
able to sustain Bushonian budget deficits, he means that by 2009, if
Bush-Cheney have a second term in office, the United States will be
consuming 100% of the planet's savings rate to finance Bushonian
budget deficits.
Therefore, if the planet can no longer generate any more liquidity to
lend to the United States, one of three things have to happen: A)
There has to be a sudden and dramatic reduction in federal spending.
There are only two places that can come from. There would have to be
an immediate $100-billion cut in defense spending, which would end any
hopes the Republicans had of getting into office for years to come
because it would destroy any confidence the NFWCs (Naïve Flag Waving
Crowd) had in them. Or you would have to scrap the multi-trillion-
dollar Bushonian tax cuts for the Republican rich, something that's
equally unpalatable.
The other option, B, as Paul O'Neill mentioned, is a dramatic increase
in the rate of federal income taxation from the current nominal rate
of 28% to 65%, which is what the Treasury Department estimated would
be required post-2009 to provide the U.S. Treasury with sufficient
revenues to continue to service debt.
The third option, or C, becomes the declaration of a force majeure on
credit service of U.S. Treasury debt by the United States Treasury,
which is tantamount and would be accurately construed as de facto debt
repudiation by the United States of America.
There are other signs to look for. They're not going to happen now,
but if Bush-Cheney is re-elected, you'll begin to see more signs that
the end is coming. I know a lot of people may disagree, but you wait
and see. If Bush-Cheney has a second term, see if they do not
institute some currency expatriation control. See if that doesn't come
in the way Nixon tried it in May-June of 1971.
In the second term, there will be some sort of currency expatriation
control in the United States, but there will also be loopholes that
will allow the large money to escape. The restrictions will apply to
the 10- and 20-thousand-dollar people. It ain't going to apply to the
10- and 20-million-dollar people. It would be self-defeating to do
that.
When that day comes, in other words, when the U.S. Treasury declares a
force majeure on debt, it wouldn't be broad-cast on mainstream media.
There's no sense because the American people don't even understand
what it means. But the announcement would actually be put on the
Federal Reserve wire system, which would, of course, immediately be
picked up by all media outlets anyway.
The U.S. Treasury would declare a force majeure on debt after the
Asian and European markets closed, probably at 12:30 p.m. EDT. The
reason why that hour was always selected is because Asian and European
markets close. It's also the lunch hour for the markets. It's when
you're going to have the fewest people on the floor of the exchanges.
That would be the ideal time to make such an announcement.
A few seconds after that announcement was made, all United States
markets, both equities debt and commodities i.e., stock, bonds,
commodities, that have trading collars or permissible daily limits
would all be limit-offered with pools. Limit-offered means that there
are more sellers at the limit i.e., limit down, than there are buyers.
So-called 'pools' would immediately begin to form, probably a thousand
contracts every few minutes. 'Limit-offered with pools' - this is
trader language. Pools to sell 2,000 lots, 3,000 lots. That means, the
number of sellers over and above the available buyers at the limit-
offered price. That would begin to build.
By 1:00, the news would begin to sink in because it would take awhile
before panic selling would arise from the public. This news is being
released at lunch hour.
A lot of the American people initially would not even understand the
temerity of the news. You would see professional selling first, and as
that professional selling intensified over the afternoon, the SEC, the
CFTC, NASDAQ, and various market regulatory authorities would begin to
institute certain emergency market protocols. This would be the
installation of the so-called 'declaration of fast market conditions,'
for instance; the declaration of 'no more stop orders,' the
declaration of 'fill at any price,' etc. in a desperate bid to
maintain liquidity.
That first day, the Dow Jones Industrial Average and related indices
on a percentage basis would lose about 20% of their value by the close
of business that day. The real impact would come overnight when the
American people found out what this was all about and when it was
explained to them.
At 7:30 a.m. EDT, the Tokyo markets would open, and no price would be
affixed for probably three or four hours into the session due to the
avalanche of selling. Once prices were established, the government of
Japan would close all of its financial markets. Europe would not even
open. All European governments would close all capital exchanges the
next day.
The United States would, in order to accommodate global electronic
trading, attempt to open the market on the second day, which they
would do, regardless of price, just to maintain some liquidity. At the
end of Day Two, the Dow Jones and related indices, would have lost two
thirds of their value, and prices would be set accordingly.
On Day Three, the New York Stock Exchange, the SEC and other related
agencies would recommend to the United States Treasury and the Federal
Reserve that all markets be closed. That would be on the morning of
Day Three. Eleven a.m., the Federal Reserve would then order all
domestic banks closed. All of the twelve Federal Reserve district
banks would (30 minutes later) have special U.S. forces parachuted in
and around them to secure whatever gold bullion reserves they had
left.
Day Three, 9:00 p.m., the President of the United States would declare
a state of martial law. All financial transactions would come to an
end. The Treasury would act to formally de-monetize the U.S. dollar
and declare it worthless.
This would be totally unprecedented. In the past, collapses have been
temporary and have been brought back up. But what we're talking about
now is the end.
These protocols that I'm referring to aren't even all that secret.
They were publicly available all through the Clinton era. These are
Treasury protocols that were instituted mostly in the late 1970s when
the Treasury and Federal Reserve began to feel that it was important
to have an emergency-collapse protocol in place.
What precipitated the timing of this was the inflationary spiral of
the late 1970s. The U.S. Treasury and the Federal Reserve were both
concerned that this inflationary spiral, which was occurring not only
domestically but globally, might lead to a global, uncontrollable
hyper-inflation that the Federal Reserve or major central banks could
not stop by traditional means, i.e., by raising interest rates and
contracting money supply.
There was also the recognition, of course, that global central reserve
bank bullion inventories had been so depleted over the previous 30
years that any re-institution of a species currency, even on a
temporary basis, and even within a regional or individual nation-state
basis, was no longer possible.
This is an analogy. In a military scenario, it's like the President of
the United States pushing the final red button -- the commit button.
The Treasury Secretary of the United States has a similar mechanism.
It's called the yellow button, the commit button. The Secretary of
Defense has the same system. This is what happens. Computer program
starts to institute these protocols. Imagine the complexity of trying
the manage all this. I think it's going to happen all simultaneously.
There are hundreds of different agencies involved, both domestically
and internationally. In order to maintain liquidity for as long as
possible, it has to be extremely well-coordinated, and there must be
existing collapse protocols that can be used.
The reason I was familiar with them was because I used to see the U.S.
Treasury 6900 Series Collapse Protocol, 6903, 6904 there'll be A, B,
and so on which keyed in to the Department of Defense to be
incorporated within the Department of Defense's own World War III
scenario and various types of military/ political/ social instability/
war/ pestilence, chaos, etc. scenarios.
All federal agencies had individual collapse protocols that ultimately
got coordinated through the Department of Defense. Obviously, the
Department of Defense would be the ultimate coordinator because it
would need to have special forces available, on a stand-by basis,
ready, that could quickly parachute into areas all over the country,
into the cities particularly, to secure federal properties and assets.
And that's literally how it would begin. By the end of the third day,
it would be all over -- a state of martial law. We're not talking
about war, now; this is just economic collapse.
There's no military implication here, no political, no social
implication or policy directive thereunto. This is strictly economic
collapse. By the end of Day Three, effectively, all banks in the world
will be shut down, all paper currencies will become valueless. Martial
law would be declared. There would be no continuing transactions, at
least for a period of time, of commodities. All providers of fuels and
foods would be shut down automatically.
They have this in great detail too. U.S. Department of Defense Special
117th Assault Unit would parachute in to seize control of the cattle
yards in Oklahoma City. This is how well it's planned. In other words,
economic collapse would automatically involve expansive military
action and control.
By the end of the third day, when you no longer have a domestic medium
of exchange, you have to have secured food and fuel stocks. You've got
to have troops that have secured distribution points where there is
food and fuel stocks, warehouses, tanks, etc. Otherwise people are
just going to go get them, and the people have to know that if they
try to go break into that store and steal that loaf of bread, they're
going to be shot.
Protocols for environmental disasters are called 'scaling-circle
scenarios.' 'Scaling circles' is a Department of Defense euphemism.
It's also used in FEMA, OEM and other emergency management services.
In environmental catastrophes, which are going to become national or
global, it's got to start someplace. It's going to start in one very
small, specific area. Therefore what happens is that the immediate
force containment is the greatest in the first circle, to try to
contain the spread of the disaster and keep it within that circle.
The environmental problem, to whatever extent it's possible, before it
spreads, will be neutralized or mitigated, in order to keep that
catastrophe within that circle, or, if it is likely that it is to
escape that circle, to attack whatever it is in such a fashion as to
mitigate its strength and its ability to contaminate or otherwise
affect other areas.
In the case of earthquakes, for instance, affecting the west coast,
beginning at Mt. Rainier and moving southward -- that's a different
type of scenario. That does not include as much Department of Defense
involvement. It includes separate protocols, wherein mostly FEMA and
OEM act as the senior coordinating agencies between municipal, county
and state disaster and containment, which is called Disaster and
Containment Units. Federal troops would only be brought in for the
purposes of maintaining control.
In a military or economic collapse situation, National Guard units
would provide any spare help they could in combating whatever the
problem is. Federal troops would be used in order to have the specific
authority simply to shoot anyone. There are plans for all sorts of
scenarios. The economic-disaster scenario is the one I always found
the most intriguing because it is the one that is least understood by
the American people.
Military control would be necessary when lines begin to form at the
banks, people trying to access their money. But that wasn't even
anticipated as a big problem. Lines would form at the banks, but it
was not even envisioned until sometime on Day Three because the
American people wouldn't get it. It would be announced that the stock
markets are down 2000 or 3000 points, and since we've always been
taught they'll come back, the people would still be buying stocks.
You could count on everybody remaining in ignorance all the way down
because the American people have never been taught Economics 101. The
American people wouldn't realize the full extent of it until the
markets were closed on the third day, or until the time when they went
down to cash a check and the bank was closed with soldiers out in
front. Then they would go down and see the gas station's closed. They
see the local supermarket has been shuttered, and there's federal
troops in front of it. Then they might begin to catch on. And remember
-- it's not just federal troops. In emergency-collapse protocols, even
before the declaration of a formal state of emergency or a state of
martial law, the local military authorities within any given county or
jurisdiction have the ability to essentially militarize anyone, that
is, any civilian. This would be more than just deputizing civilians.
It's federal. In other words, they would have the ability to
militarize and give military authority to a civilian force. This would
include not only police and the sheriffs and state police, but all
local law enforcement that exists below the state level would be
immediately militarized. They wouldn't take just anybody like they did
in Iraq. It would be like the military when they call for volunteers.
Then they'd have everybody and their brother-in-law volunteering,
waving around the American flag and so on.
You've got a lot of pickup-driving guys in this country with the gun
racks in the back and the Confederate flag flying. So you start waving
the American flag in front of their face and say, Hey, you're going to
get your chance you always wanted -- to fit your potbelly inside an
army uniform and carry a gun and shoot people. How appealing would
that be?
And besides, if you do this, then you're going to get to eat.
In other words, this is how it would unfold over three days, but, in
fact, very few Americans would know what to do about it or how to take
any precautions. They wouldn't have a clue because they don't
understand enough about economics to know what is happening. So that's
what it is -- Economic Armageddon. If the Bush-Cheney regime is re-
installed into power, that is effectively what Comptroller General
David Walker is saying.
In conclusion, since there is very little the people of the United
States can do to protect themselves. We're not going to make any
suggestions of how to protect yourselves because there's very little
you can do.
We could tell you to go out and buy gold coins and bury them in the
coffee can in the back yard and go to your nearest survivalist store,
but, frankly, that's useless. In the last analysis, it's a lot of
hype. There is very little the average US citizen could do.
The only thing that can prevent this, as the Comptroller alluded to
when he was asked by Barbara Walters, How do we prevent reaching the
problem by 2009? He said simply, "A change of regimes."
So how do you prevent it? Don't vote for Bush and Cheney -- and hope
that Bush does not use his emergency powers to cancel or postpone the
election by edict, powers which you, the flag-waving citizens, have
given him.
All flag-waving citizens, be warned. If you want to vote for Bush-
Cheney again, make sure you got plenty of Spam on hand.
Here's an interesting and humorous aside. A couple of days ago, Hormel
Foods, which makes Spam, announced that in the last six months there
have been record sales of Spam in the United States the survivalists'
food of choice. After all, they pride themselves on the fact, as the
spokesman for Hormel said, "It is the only food product you can buy
with an expiration that's 50 years."
When everything goes to hell, when all that man has created has turned
to dust again, the final legacy is going to be Spam. It will be the
last surviving item -- when the anthropologists of 20 thousand years
from now are digging sites and they see these enormous mountains of
unopened cans of Spam They'll have monuments to the past out of Spam.
So if Bush-Cheney has a second term in office, there will be some sort
of currency restriction, like Nixon did in 1971. On April 13, 2004,
Deputy Assistant Treasury Secretary John Boine talked about potential
currency restrictions. He used the word that's going to fuel the
flames of the survivalist and gloom-and-doom collapse people.
It's very, very telling that the U.S. Treasury may institute a
restriction on the amount of U.S. dollars that can be converted into
gold.
Furthermore, he intimated (and I suspected that this was coming,
although this wouldn't actually become law until Bush-Cheney was in
office for second term one way or another) that the Bush-Cheney regime
determines that the Gold Confiscation Act gives to Treasury the power
for so-called forced disclosure of gold holdings.
I'm not quite sure of the language of the Gold Confiscation Act from
1933. It just says, "compelled", as in citizens are lawfully compelled
to redeem gold for script. I don't think there was any such provision,
which he was inferring that there is. That was FDR's "Raw Deal" of
1934, when people were coerced into giving up their gold. But nowhere
in this act does it specifically authorize the Treasury to mandate
citizens to report their gold holdings. So if this gets any press at
all, particularly within the circles of gold bugs and so on, watch
out.
Furthermore, on Washington Journal they were talking about how FEMA
has recommended to the Office of Homeland Security to have increased
restrictions regarding citizen hoarding of long-term food and fuel
supplies. That's pretty sinister too.
What they're talking about is the purchase of long-term so-called
stores of survival food. FEMA was talking about some sort of
restriction preventing people from accumulating food stores; putting
it simply, that's what it means. The second point was to increase
restrictions that already exist.
FEMA was recommending even tighter restrictions on citizens building
their own private property underground storage tanks for the purposes
of long-term storage of fuel. The real intent of this is is threefold:
a) to restrict citizens' ability to hoard food; b) restrict citizens'
ability to hoard long-term storage of fuel; c) the forced
identification of citizens to reveal food and fuel stocks they may be
hoarding.
And that, in my opinion, is the real essence. The Bush-Cheney regime
was scared of having the FEMA angle put into the equation because they
knew what it means and how people would interpret it.
They have tried to use environmental legislation to restrict people's
ability to build fuel storage facilities on their own property -- to
get around what the true intent of that was.
But the bigger picture is that if you start to limit citizens' ability
to hoard fuel and food and shake them up by potential forced
identification of gold holdings or forced redemption.
In other words, what you don't want is citizens who have the ability
to store a lot of food and fuel and to own gold because they would be
able to resist state control in the future.
You've got to have every citizen on a rationing card to control the
civilian population. You can't have citizens out there hoarding food
and fuel because then people can say to government,"I ain't taking a
rationing card, baby, with my national ID card. I don't have to. You
can't control me through food and fuel and ever-worthless paper
currency."
I used to make fun of these people. But now, things have come full
circle on this debate. The Bush-Cheney regime is making it
increasingly clear through their small changes in policy. Not a lot of
people monitor these decisions, but I do. And the pattern is becoming
increasingly clear.
In fact, I would believe that those of the survivalist mentality (the
food, fuel, the gold coins in the coffee can in the back yard) people
who think that way will be ultimately vindicated - if George Bush has
a second term in office.
People should quit making fun of them because they would be vindicated
- even though they were all burned out, twenty-dollared to death,
buying books and tapes, and discredited by mainstream media. It may
sound like a hollow victory, but it won't be a hollow victory for them
- them that's got the Spam...
I suspect the quality of Suterra's financing.
*
Suterra is only as 'good' as the next cali spraying.
Now that BUSH is out, there is NOT a chance in HELL in the $500M order for LBAM-F to be completed, we were only year-two into a ten-year project.
With BUSH/CHENEY gone, this project is terminated.
In summary, Suterra is ALL dressed up with NOBODY to fuck, I mean sell their Zyklon-B to, that said, there must be a dictatorship somewhere rolling in cash? I don't think so, bad timing to be BUILDING a new tower of BABEL in BEND ORYGUN.
'Scaling circles' is a Department of Defense euphemism.
It's also used in FEMA, OEM and other emergency management services.
In environmental catastrophes, which are going to become national or
global, it's got to start someplace. It's going to start in one very
small, specific area.
*
Everybody keep in touch with relatives, and tell everyone else when you start seeing these circles, they're coming, and most likely you'll see them in Flint,MI where those MOFU's will be pissed, when they find out there ain't no cargo coming.
This shit will be kept quiet.
It's going to be word-of-mouth to spread the rumors of where the crack down first.
With BUSH out and 'IF' Resnick loses the $500M contract with USDA, then he'll sell Suterra. This WHOLE fucking BUY, was always about this play.
If this 'investment' collapses, then Suterra becomes a company that makes Pheromones for insect control, what a novel idea.
Given that small market, compared to the 'poisoning the cali', their current home is just fine.
That said, the OREO will do whatever FEMA tells him to do, and dont' forget that Resnick is the #1 DEMOCRATIC CAMPAIGN CONTRIBUTOR in CALI, what the 500LB gorilla wants he gets, the show down should be interesting.
This is how well it's planned. In other words,
economic collapse would automatically involve expansive military
action and control.
*
Marge there are now six new military units operating within the US on standby. Now that BUSH removed posse-comitatus from the law.
My prediction all along was that it was essential to have an OREO in US power during the 'times'.
Remember its going to be the niggers that get it the worse, Bend will be a fucking paradise.
The mexicans, blacks, the big-city's are all going to become prisons, and fuel allocations will drop the exit to NIL.
National ID cards will be required to use public transportation.
Good time to live off the grid, and grow your own food.
FEMA
has recommended to the Office of Homeland Security to have increased
restrictions regarding citizen hoarding of long-term food and fuel
supplies. That's pretty sinister too.
*
It's all about control, if they control your food & fuel, then they control you.
If you have your own food & fuel, then you can tell them to fuck off.
Sadly, most people will be confined to begging for 'food & fuel' tokens, on their National ID card.
I think the 'energy crisis' will be used to justify the new 'change' that OREO brings.
Also now that WAXMAN owns transportation, watch out, cuz the national ownership of cars has now become a privilege for the rich.
I knew about the extra Brigades that have been assigned to American soil. Check out how they are setting up portable prison cells aroung the country.
http://tinyurl.com/6d7fke
M.
Dunc ( ned flanders ) wakes up from his twenty year nap, and discover's that Bend ain't what it used to be ... Imagine that!!!
Dunc,
Why in the HELL do you think they want the BUS SYSTEM, have you ever heard of METRO in PDX, all three county's, METRO is its own government, they have the INFAMOUS self-employment tax.
Why in the HELL do you think that BEND just made it a $500 fine for EVERYBODY in the city that had a biz at home or any kind of BIZ to register?
Don't you see this coming? I do, it will be BEND-AREA-METRO, that will be Jeff,Crook,Desch Co; and every farmer, cattle-man, will get clipped 1.5% of HIS GROSS even if he can't spell BUS.
Boy people around this area, just don't know what's coming.
Employment payroll tax is easy, as you as an employer already know, we have quarterly forms that MUST be filled out, and the State collects METRO & EUGENE taxes for the countys, BEND area will be the same.
The real trick is the self-employment tax, where everybody in the tri-county pays 1.5% of GROSS, as some businesses don't even make this much in profit, it means that many people go out of business, or MOVE from the area.
This is what the BUS thing is all about.
Dunc,
I'll say one other thing about today, as you might have missed it.
But today 'GM' of General Motors change their status to a 'bank holding company', per the WSJ today.
Now this means, that they now qualify for the $700B bail-out fund.
Imagine that you as a comic-book store owner, need only change your classification to 'bank holding company' and you too could live under the tree that drops golden fruit.
How long before JR-BURA ( BEND FRAUD ACCOUNTING ) classify's themselves as a 'bank holding company'?
Like I mentioned weeks ago when you folks were debating auto. Back in the 1980's ALL the auto's switched over to FINANCE as GM-ACCEPTANCE could only make 5% ROI on auto's, but over 20% ROI on credit-card debt, and thus what has happened to ALL US industry 25 years later is that today the ENTIRE US house of cards is collapsing.
Get with the program people classify yourself as a 'bank holding company' before its too late!!!
Check out how they are setting up portable prison cells aroung the country.
http://tinyurl.com/6d7fke
*
They look an awful bit like Smithers outhouse. Too close for comfort.
But most interesting is an hour of Exec Session from 6 to 7, and more Exec Session at the end of the night.
Of course I didn't question the exec session I just sat quiet and smiled a lot, they like that in a man. I learned this from Trudi.
Something's up. Us simple taxpayers just are not allowed to know.
Of course you and me don't really want to know what they do or talk about in those Executive Session's I never ask. We have an official "Don't Ask Don't Tell" policy. I don't ask, and they don't tell.
Something is always up, but you'll never learn it from me. Because I don't know, and I don't care.
I don't even know why I go to these meetings.
I do know that 'simple taxpaying' people aren't capable of understanding what goes on in these meetings, and thus all of you wouldn't understand, even if I understood.
But most interesting is an hour of Exec Session from 6 to 7, and more Exec Session at the end of the night.
Of course I didn't question the exec session I just sat quiet and smiled a lot, they like that in a man. I learned this from Trudi.
Something's up. Us simple taxpayers just are not allowed to know.
Of course you and me don't really want to know what they do or talk about in those Executive Session's I never ask. We have an official "Don't Ask Don't Tell" policy. I don't ask, and they don't tell.
Something is always up, but you'll never learn it from me. Because I don't know, and I don't care.
I don't even know why I go to these meetings.
I do know that 'simple taxpaying' people aren't capable of understanding what goes on in these meetings, and thus all of you wouldn't understand, even if I understood.
It's common for local governments to subsidize businesses. Look at what the southern states have done for years to attract automakers (Mississippi, Alabama and Tennessee). They directly subsidize foreign makers via abatements and giveaways for years.
Tennessee just landed a VW factory? Well look at HOW MUCH their TAXPAYERS are spending for this 'blessing.'
"Long List Of Sweeteners Helped Lure Volkswagen To Chattanooga"
November 19, 2008
A 49-page Memorandum of Understanding outlines a long list of sweeteners that helped lure the $1 billion Volkswagen plant to Chattanooga.
VW has an eight-year option to pay $1,000 for the 1,200 acres at the expansion site. Local governments will continue to work to gain environmental clearances on the expansion site.
A full-time local development project coordinator and a part-time environmental coordinator will be provided.
VW will also have available experts from the state Department of Workforce Development, a tax coordinator, a local workforce development coordinator, a public policy advocacy coordinator and a public relations and communications coordinator.
Officials agreed to use their best efforts to obtain all needed permits for the project within 30 days from the request - or 60 days if a public hearing is required. All permitting fees are waived.
Local governments will spend up to $100,000 to cover the cost of insuring that the site is within a Foreign Trade Zone. The local governments will also pay up to $24,000 per year for four years for annual FTZ fees.
There is a 30-year abatement of real and personal property taxes for Volkswagen.
Officials agreed to waive taxes on inventory as well as sales and use taxes.
A number of jobs tax credits will be made available to the automaker.
The state pledged to VW that it will receive at least $40 million through the refundable Relocation Expense Credits.
The governments are covering the cost of preparing the huge site and building new roads and other infrastructure to it.
The city is to build a fire station near the auto plant.
On job training assistance, the state is committing $24 million.
For on-the-job training, it will spend $3.4 million.
The state and local governments will spend $40 million on a worker training facility and equipment near the plant. It is "for use by the company and their suppliers at the park in accordance with the requirements and standards of the company."
The state will issue bonds to finance the training center sold through the Hamilton County Health, Education and Welfare Board
Chattanooga State is to operate the training center, while receiving $2 million per year for eight years from the state.
State officials said they will seek legislation so that all company vehicles will be exempt from taxes.
VW is to be paid $25,000 per business day lost as a result of construction delays in getting the site ready.
Volkswagen is being provided office space in the nearby Eastside Utility Office Building until Jan. 1, 2013.
The governments will match the company dollar for dollar up to $6 million to build a "green" welcome center off I-75. The governments will pay all operating costs for the portion of the center dedicated to emphasizing the adjacent passive park and recreational area. Each acre used for the welcome center will be offset by adding another acre to the park.
VW may take ownership of the welcome center if it so chooses. Officials said VW can use the facility to highlight its products to the 55 million travelers who pass by there each year.
The welcome center is to be LEED certified.
The county schools are to integrate a German curriculum into its system by January 2009.
An ambassadors program is to be created to welcome company employees and help integrate them into the community.
The Chamber of Commerce has identified 10 hotels in the immediate vicinity of the project site who are prepared to offer 25 to 50 rooms for a 90-day period at $50 to $70 per room, it was stated.
Company officials will be allowed to name the roads at the plant site.
The state is providing $2 million for marketing and public relations for the project and the company.
A $35 million environmental insurance policy is provided for the site through AIG.
*
Point is: It's the same everywhere! Taxpayers subsidize development.
Is this "good"? Probably not. But it's the way the game is played.
FULL OF FUCKING SHIT on Taxpayer Subsidy of BIZ
IN both cases of Suterrra & Les Schwab, it was a NET-ZERO gain of jobs
The ONLY fucking benefit is that of Suterra & Les Schwab, and $24M cost to the taxpayer, ... but keep it UP FUCKING HBM, and maybe even you will believe your lies.
$24M is the JR-BURA debt to date, all the money went to Knife-River/Hollern, & Co. Les-Schwab&Suterra get nice new campussy, with no infrastructure cost, ... benefit to the tax payer?? ZERO.
JOB gain for region. ZERO
It's common for local governments to subsidize businesses. Look at what the southern states have done for years to attract automakers (Mississippi, Alabama and Tennessee).
*
It's common for Southern States to use convict labor in factory's owned by the boss-hoggs, how long before Garzini's Prison at JR becomes a reality, and then convicts can flip tires, and stir pots of Zyklon-B for Suterra.
The best part is the IG-Farben the Nazi factory that made the gas (Zyklon-B) that killed 6M Jews was also a joint tire/pesticide outfit.
Bend is my favorite neo-nazi city in the USA.
Paulson concedes that Hedge-Funds, and Derivatives should be 'regulated', Wants OREO to confirm him for Treas-Sec for Life!! Who would have guessed.
....
Treasury secretary calls for hedge fund oversight
MarketWatch - 30 minutes ago
By Ronald D. Orol, MarketWatch WASHINGTON (MarketWatch)--Treasury Secretary Henry Paulson on Thursday said he wants to
Dear Paulson KUNT,
Your GS stock, is now at its lowest point in history. Keep up the good work.
sincerly,
http://dotconnectoruk.blogspot.com/2008/09/usa-prison-cell-portable-building.html
I still say it looks like the Smithers 'his & her's' joint urinal.
MarketWatch :
30 reasons for Great Depression 2 by 2011
November 20, 2008
Wall Street Journal’s Marketwatch is predicting a full fledged Great Depression part 2 by 2011. They are not using the word “recession” they are using the word “depression”. So of course we went looking for an appropriate photograph to accompany this article, when we found the one below we want you to take a close look at the sign the guy is carrying. The one facing the camera. It’s titled “fight against foreclosure of small homes”
Why does that sound painfully familiar to our current situation several generations later.
Great Depression Part 2
http://www.tribbleagency.com/?p=3232
If you look at the photo (it’s our guess its taken in London due to some of the other signs) as the e-mail to us didn’t have a source (if you know where this photo should be attributed to please let us know). — EDIT: Thanks for the photo source tip
It’s going to get ugly out there people, really ugly.
30 Reason's Why the USA will be in Great Depression 2.0 by 2011 - The Wall Street Journal
1.
America's credit rating may soon be downgraded below AAA
2.
Fed refusal to disclose $2 trillion loans, now the new "shadow banking system"
3.
Congress has no oversight of $700 billion, and Paulson's Wall Street Trojan Horse
4.
King Henry Paulson flip-flops on plan to buy toxic bank assets, confusing markets
5.
Goldman, Morgan lost tens of billions, but planning over $13 billion in bonuses this year
6.
AIG bails big banks out of $150 billion in credit swaps, protects shareholders before taxpayers
7.
American Express joins Goldman, Morgan as bank holding firms, looking for Fed money
8.
Treasury sneaks corporate tax credits into bailout giveaway, shifts costs to states
9.
State revenues down, taxes and debt up; hiring, spending, borrowing add even more debt
10.
State, municipal, corporate pensions lost hundreds of billions on derivative swaps
11.
Hedge funds: 610 in 1990, almost 10,000 now. Returns down 15%, liquidations up
12.
Consumer debt way up, now at $2.5 trillion; next area for credit meltdowns
13.
Fed also plans to provide billions to $3.6 trillion money-market fund industry
14.
Freddie Mac and Fannie Mae are bleeding cash, want to tap taxpayer dollars
15.
Washington manipulating data: War not $600 billion but estimates actually $3 trillion
16.
Hidden costs of $700 billion bailout are likely $5 trillion; plus $1 trillion Street write-offs
17.
Commodities down, resource exporters and currencies dropping, triggering a global meltdown
18.
Big three automakers near bankruptcy; unions, workers, retirees will suffer
19.
Corporate bond market, both junk and top-rated, slumps more than 25%
20.
Retailers bankrupt: Circuit City, Sharper Image, Mervyns; mall sales in free fall
21.
Unemployment heading toward 8% plus; more 1930's photos of soup lines
22.
Government policy is dictated by 42,000 myopic, highly paid, greedy lobbyists
23.
China's sees GDP growth drop, crates $586 billion stimulus; deflation is now global, hitting even Dubai
24.
Despite global recession, U.S. trade deficit continues, now at $650 billion
25.
The 800-pound gorillas: Social Security, Medicare with $60 trillion in unfunded liabilities
26.
Now 46 million uninsured as medical, drug costs explode
27.
New-New Deal: U.S. planning billions for infrastructure, adding to unsustainable debt
28.
Outgoing leaders handicapping new administration with huge liabilities
29.
The "antitaxes" message is a new bubble, a new version of the American dream offering a free lunch, no sacrifices, exposing us to more false promises
RDC,
Anytime you want to debate the economy let's do so at BEBB, trouble is anytime anybody posts anything truthful you delete the thread in a nano-second. Thus you are one of the number ONE pond-scums in Bend. A number one reason Bend is going to become a shit-hole is because people like you defend the crimes taking place in our city hall. We cannot stop what's happening on a national level, but we can take back our City. The current bunch running our city have already bankrupted the town. We the taxpayers will get the bill, all the while the people who created the mess will get $300K/yr salarys to fix the mess they created Eric King, city manager, and now the City has its own $400k/yr attorney just to protect city-hall from the taxpayer.
The Wall Street Journal, pretty much sum's up what I have been saying for years here today, and NOTE I have read the WSJ everyday for the past 40+ years.
30 Reason's Why the USA will be in Great Depression 2.0 by 2011 - The Wall Street Journal
1.
America's credit rating may soon be downgraded below AAA
2.
Fed refusal to disclose $2 trillion loans, now the new "shadow banking system"
3.
Congress has no oversight of $700 billion, and Paulson's Wall Street Trojan Horse
4.
King Henry Paulson flip-flops on plan to buy toxic bank assets, confusing markets
5.
Goldman, Morgan lost tens of billions, but planning over $13 billion in bonuses this year
6.
AIG bails big banks out of $150 billion in credit swaps, protects shareholders before taxpayers
7.
American Express joins Goldman, Morgan as bank holding firms, looking for Fed money
8.
Treasury sneaks corporate tax credits into bailout giveaway, shifts costs to states
9.
State revenues down, taxes and debt up; hiring, spending, borrowing add even more debt
10.
State, municipal, corporate pensions lost hundreds of billions on derivative swaps
11.
Hedge funds: 610 in 1990, almost 10,000 now. Returns down 15%, liquidations up
12.
Consumer debt way up, now at $2.5 trillion; next area for credit meltdowns
13.
Fed also plans to provide billions to $3.6 trillion money-market fund industry
14.
Freddie Mac and Fannie Mae are bleeding cash, want to tap taxpayer dollars
15.
Washington manipulating data: War not $600 billion but estimates actually $3 trillion
16.
Hidden costs of $700 billion bailout are likely $5 trillion; plus $1 trillion Street write-offs
17.
Commodities down, resource exporters and currencies dropping, triggering a global meltdown
18.
Big three automakers near bankruptcy; unions, workers, retirees will suffer
19.
Corporate bond market, both junk and top-rated, slumps more than 25%
20.
Retailers bankrupt: Circuit City, Sharper Image, Mervyns; mall sales in free fall
21.
Unemployment heading toward 8% plus; more 1930's photos of soup lines
22.
Government policy is dictated by 42,000 myopic, highly paid, greedy lobbyists
23.
China's sees GDP growth drop, crates $586 billion stimulus; deflation is now global, hitting even Dubai
24.
Despite global recession, U.S. trade deficit continues, now at $650 billion
25.
The 800-pound gorillas: Social Security, Medicare with $60 trillion in unfunded liabilities
26.
Now 46 million uninsured as medical, drug costs explode
27.
New-New Deal: U.S. planning billions for infrastructure, adding to unsustainable debt
28.
Outgoing leaders handicapping new administration with huge liabilities
29.
The "antitaxes" message is a new bubble, a new version of the American dream offering a free lunch, no sacrifices, exposing us to more false promises
Pesticide maker owned by political donor
Matthew Yi, Chronicle Sacramento Bureau
November 20, 2008
(11-08) 14:00 PST Sacramento --
The company that makes one of the pesticides state officials are considering spraying over the Bay Area to fight the light brown apple moth is owned by a wealthy California agribusinessman who has been a generous contributor to Gov. Arnold Schwarzenegger and other state officials.
According to federal and state agriculture departments, the moth's larvae could threaten more than 200 crops in California and could potentially put a significant dent in the state's $32 billion agriculture industry.
Among the business owners whose agricultural operations in California could be affected by the insect is Stewart Resnick of Los Angeles, who owns nut and citrus tracts in the Central Valley.
His Roll International Corp. owns Paramount Farms, the world's largest grower of almonds and pistachios, and Paramount Citrus, one of the biggest citrus fruit producers in the United States.
Roll International's holdings also include Suterra LLC, a fledgling pesticide company in Bend, Ore., that makes CheckMate, a pheromone pesticide that is one of four chemicals being considered for aerial spraying by officials at the U.S. Department of Agriculture and the California Department of Food and Agriculture.
The chemical was sprayed over Santa Cruz and Monterey counties in the fall in an attempt to disrupt the moth's mating.
Resnick has been a longtime donor to politicians, giving hundreds of thousands of dollars to the Democratic Party and its candidates for state and federal offices. In recent years, he's also given nearly $150,000 to Schwarzenegger's campaign, records show.
Although the governor supports the aerial spraying, that decision has no bearing on Resnick's political donations, said Aaron McLear, a Schwarzenegger spokesman.
"The governor leads by what he believes is in the best interest of California and doesn't take those types of things into consideration," the spokesman said.
Rob Six, a spokesman for Roll International, said "there's no quid pro quo" and added that Resnick and his wife and business partner, Lynda Resnick, generally make a lot of political contributions. Six agreed that the moth could have an adverse impact on Roll International's farming business.
While the extent of damage the moth's larvae could cause is under debate, the pest is already affecting California growers' ability to export because other countries have begun placing restrictions on fruits, vegetables and nuts that are grown in areas affected by the moth.
"This is a very bad threat for a lot of growers," Six said. "And one of the biggest threats is on quarantines on our exports. ... There are many countries that have a blacklist for fruit or nut products if apple moth is found on them."
The nine Bay Area counties have been placed on the quarantine list by the U.S. Department of Agriculture, which is recognized by many nations that import California's produce.
Mexico last week added Los Angeles, Santa Barbara and Napa counties to that list, said Rayne Thompson, director of national affairs for the California Farm Bureau. Federal officials need to contain and eradicate the pest before it becomes widespread in the Central Valley, the heart of California's agricultural industry, she said.
"Other countries recognize the apple moth as a huge problem," Thompson said, adding that California exports about $9 billion worth of produce each year. Restrictions could range from more stringent testing for the pest, which would cost more, to not importing the products, she said.
But debate continues to rage over how destructive the pest's larvae are and whether aerial spraying would work.
Larry Hawkins, a spokesman for the federal agricultural agency, said that there is no guarantee CheckMate would be chosen and that his department could also later change its decision about aerial spraying. The Environmental Protection Agency must give its approval, followed by a program to inform the public, he said.
But many people are concerned about the health effects of the pesticide. Last fall, hundreds of residents in Monterey and Santa Cruz counties complained of health symptoms including shortness of breath, muscle aches and sore throats after an aerial spraying of pheromone pesticides.
State officials have said they are examining the complaints but have not found evidence that the chemical is harmful.
Momentum to stop the spraying has been building in recent weeks, with thousands of Bay Area residents signing petitions to stop the spraying. Lawmakers have introduced five bills to control aerial application over urban areas, and four city councils in the region have voted to oppose the spraying.
Wall Street Journal’s Marketwatch is predicting a full fledged Great Depression part 2 by 2011.
Good for them. Now will they have the balls to acknowledge that it has been brought on by 30 years of bullshit right-wing economic policies that their editorial page enthusiastically supported -- and still does?
Great Depression II, like Great Depression I, is being brought about by an excessive disparity in wealth and incomes. The middle class is the foundation of any healthy economy and our middle class has been eaten away by decades of globalization, union-busting, and tax policies that redistribute the wealth UPWARDS.
Progressives have been warning for YEARS that the yawning chasm of incomes and wealth in this country would lead to disaster. Right-wingers have scoffed.
Looks like we have the last laugh, but it's a bitter one.
This little TIDBIT is the biggest NEWS of today, with DINGELL out, its means the DETROIT is NO longer in power for anything, it means that Detroit either produce auto's that people want, or they DIE. This is BIG.
***
Waxman's Win Paves Path For Obama Goals
Dingell's Ouster Sets The Stage For Legislation On Energy, The Environment And Health Care
by Richard E. Cohen and Brian Friel
Thursday, Nov. 20, 2008
With his dramatic capture of the House Energy and Commerce Committee chairmanship, Rep. Henry Waxman, D-Calif., has reinforced the liberal intentions of the Democratic-controlled Congress. That, in turn, could provide a major boost for the prospective Obama administration as it proceeds on key domestic issues in the panel's domain.
In the House Democrats' first ouster of a committee chairman since 1985, the Democratic caucus this morning voted 137-122 for Waxman to replace John Dingell, D-Mich., who has been the top Democrat on that panel since 1981 and chairman for 16 of those years. Waxman has been a member of the panel since he was first elected to the House in 1974 and has been a prolific lawmaker on health and environment issues. Since 1997, he has also chaired the Oversight and Government Reform Committee.
Speaking to reporters following the momentous vote, Waxman said that "the prevailing view in the caucus [was] we needed a change to get important initiatives passed" in Energy and Commerce's domain of health care, energy and environment. With the election of Barack Obama as president, Waxman added, "We are at a unique moment that comes only once in a generation." (And Waxman's longtime chief of staff, Phil Schiliro, will in a unique position to take advantage of that moment as Obama's chief congressional liaison.)
During the two-week contest, Waxman and his allies had little public comment on his intentions other than to emphasize that his goal for the committee was "to play the essential role of leadership on health and energy issues" on behalf of President-elect Obama.
Waxman allies reinforced his theme that Democrats have limited time to act. "The memory of 1993 and 1994 is seared in a lot of our minds," said Rep. Howard Berman, D-Calif., a close Waxman ally since they built a political machine in Los Angeles nearly 40 years ago. "We have to pass the program -- energy, global warming, universal health insurance. In the end, how that best could be done was what most led to this. A lot of feelings, a lot of pressures, a lot of emotions, but basically in the end it was distanced from the individuals and it was more about not letting this be a repeat of those two years."
Although Pelosi did not publicly endorse Waxman, members on both sides of the bitter contest acknowledged her implicit support.
Rep. Hilda Solis, D-Calif., a more junior ally, added after the caucus vote, "I think it's about something that Henry said in the room, it's like picking a football team. You want the very best person who's going to run, who's going to be able to start right away and make that touchdown. To me, we don't have time. We don't have time. We only have two years."
A key element in Waxman's winning coalition was his strong support from the new freshman class, who echoed Obama's message on the need to change Washington. "We got elected on a change mandate and I think Mr. Waxman's message fell on more fertile ground with the freshman class," said incoming Rep. Gerry Connolly, D-Va. "Whether it's fair or not, there was a perception that Mr. Dingell was obstructing getting things done in two critical areas, the environment and energy. That and the fact that he has protected the automotive industry.... The problem is, it's now melting down, and I think there's a reassessment going on about whether those particular policies were the right ones."
Waxman also had strong backing from his interest-group allies, especially consumers and environmentalists, who have long clashed with Dingell. "In recent years, Mr. Dingell supported legislation preempting state food safety and labeling laws that exceeded federal standards; Mr. Waxman did not," said Bruce Silverglade, director of legal affairs at the Center for Science in the Public Interest, who added that Waxman's priorities are more in line with those of House Speaker Nancy Pelosi, D-Calif., and Obama.
Dingell's allies, for their part, depicted him as the centrist alternative. Rep. Stephanie Herseth Sandlin, D-S.D., a new co-chairman of the self-styled fiscal conservative Blue Dogs, said that Dingell had "a proven track record of [meeting] the needs of different sections of the country" and she criticized Waxman's "divisive and unproductive challenge." Following the caucus vote, she said there was "no reason" to deny Dingell the chairmanship.
But at 82 and wheelchair-bound following recent knee surgery, Dingell found it difficult to fit the image of fierce defender of the prerogatives of his committee and its wide-ranging jurisdiction. Rep. Jackie Speier, D-Calif., cautioned, "Whether you are a Blue Dog or a liberal, the American people spoke during the election. They hunger for change."
The outcome also was a big win for Pelosi, who has clashed repeatedly with Dingell both before and since the Democratic takeover of Congress two years ago. She also has sought to limit the influence of House committee chairmen and the automatic rule of the seniority system. Waxman did not directly challenge the old regime, though he pointedly told reporters that seniority "should not be a grant of property rights for three decades or more."
Although Pelosi did not publicly endorse Waxman, members on both sides of the bitter contest acknowledged her implicit support. It was evident, for example, in the public backing of Waxman by loyal Pelosi ally George Miller, D-Calif., who chairs the Education and Labor Committee. Another signal of the Speaker's leanings was Waxman's 25-22 victory Wednesday in his initial round with Dingell in the House Democratic Steering and Policy Committee, where Pelosi appointed 14 of the 51 members.
Ironically, Pelosi has spent much time since the election emphasizing the need for a centrist approach when Democrats take complete control of Washington in January. "We must govern from the middle -- reaching across the aisle to work in a bipartisan way and build consensus," she said Monday at a dinner in the Capitol for new House members from both parties. And Waxman likely will emphasize those themes as he takes control of the panel.
But Waxman's longstanding criticism of the auto industry could foreshadow significant setbacks for Detroit just days after the Senate failed to act on proposals to bail out the Big Three automakers. "It may very well be that Waxman is the person to deliver the bad news to the auto industry that if they want federal help, they need to change the way they do business," said Linda Fowler, a government professor at Dartmouth College.
The prospect that business will face a tougher time in dealing with the Waxman-led panel was echoed by an attorney who has represented corporate clients before both the Energy and Commerce and Oversight panels. Waxman's approach to oversight will be tougher on business interests than Dingell's has been, he said. As Oversight Committee chairman, Waxman's "hearings are more ideologically focused," he said. "He comes in with an agenda and a less balanced approach."
Dingell and his oversight subcommittee chairman, Michigan Rep. Bart Stupak, have used oversight rather than legislation to force industries to change practices, the attorney added. For Waxman, "clearly, his focus will be on legislation," he said. "He'll use oversight toward that end."
That should make for a busy time for Energy and Commerce, and likely will yield productive results for the new Obama administration.
Good for them. Now will they have the balls to acknowledge that it has been brought on by 30 years of bullshit right-wing economic policies that their editorial page enthusiastically supported -- and still does?
*
Thirty YEARS of DEM/PUG, and NOTE 100% of the WORSE-SHIT was enacted by CLINTON, the BEST PUG THE PUG's EVER HAD. Of course HBM he love to suck the DEM cock as much as the CHANDLER/HOLLERN COCK.
NOTE the BULL/SORE simply just play's OMERTA, while CITY-HALL robs the taxpayers.
At least WSJ has the balls of editorial to stand out and cheer for TEAM-THEFT.
THE BULL/SORE simple plays OSTRICH, and everyday says "Who would have known?", 'who would have guessed?', 'Why us?'
THINK GLOBAL, ACT LOCAL
The biggest CROOKS in the USA are right here in BEND ORYGUN running the town.
Instead of Great Depression II, I am going to call it the Great Transformation. GP I was different. People already knew how to be poor because they were. They also knew how to survive and had gardens and limited electricity. Not many cars around either.
The Great Transformation will be a time of huge change in the way we spend, use electricity, water, we may actually commune like they did in the old days. Can you imagine a few neighbors sharing one lawn mower for their postage stamp lawns? God forbid! I share a mower and rototiller with 4 neighbors, as well as a fertilizer spreader. But my neighbors are some smart folks from the old days. Next spring I will turn most of my lawn into more vegetable garden space.
Things will change or many will starve.
This blog is about the survival of Bend, right?
How are you going to change to come out the otherside of this?
The roaring twenty's were in many ways more exciting than now. Telephone was new, 'technology' was of the day, radio was new, auto's were affordable to all at $500.
Everybody was buying stock, in many ways more people participated in the 1920's, than in 2000's.
The great shock of the depression was that it effected wall st, in 1929, and main street in 1933, and dragged on until 1942, when WWII began.
I think its wrong to assume that people weren't sophisticated and spoiled. People didn't think about food, they bought gadgets, like the iPod now, in the 1920's it was the phono, radio, auto, ... endless electric contraptions, all with an electric motor on a pallet.
Then along came the great depression, which even by 1938 was still denied. Then in 1938 the stock market went really down, and it had been ten long years ... Depression set in,...
This thing I agree, will change, people will not have money for fuel, people will move back to their family's, people will be smart how they heat a home, a small home.
Historically people shared with 'family'. Except perhaps for Mormons, I don't see a lot of sharing. Certainly people will take turns feeding those who are hungry in their hood, as they have always done.
All long depressions are transformation's, the great depression changed the psych of the AmeriKKKan population for decades. I think we have already agreed this is all a good thing. The waste could not have lasted, even had the government tried, nobody can put humpty-dumpty back on the wall.
The limitations of Government will return.
I 100% agree with the last post. I would like to hear more from the gallery though.
>> Next spring I will turn most of my lawn into more vegetable garden space.
Your shit will freeze and die for sure. Take a look into hydroponics if you're trying to grow food east of the cascades. It can freeze any month of the year here.
American Hydroponics
BUSH AG MUKASEY CHOKED ON PAULSON COCK TONIGHT AND DIED - THE BUSH WORLD IS IMPLODING
The Wall Street Journal
Nov. 20, 2008
Attorney General Michael Mukasey collapsed while giving a speech on national security to a prominent Republican lawyers' organization.
Mr. Mukasey appeared to slur about 20 minutes into his speech at the Federalist Society's annual dinner, held in a Washington hotel. Federal Bureau of Investigation agents, who provide security for the attorney general, rushed to his aid before he fell to the floor of the podium. District of Columbia Fire Department medics arrived and began efforts to provide medical attention. The state of his health is unknown.
30 Reason's Why the USA will be in Great Depression 2.0 by 2011...
That list is truly scary... even if 1/10th true.
And it's sure as hell closer to 100-110% true than 10%.
Wow... after a quick pop on the open, Citi has already dropped 25% this morning.
The Bigger They Are.....
Homer,
That list is 110% TRUE, and what's very interesting is the ACTUAL under the table of FED money handed out in secret is closer to $5TRILLION than $2TRILLION. This $750B is just chump change ICON, that everyone is begging for.
Behind the curtains, everyone is getting ALL the CASH they want. But who they are will remain a mystery.
Today's word from our sponsor, Kunstler of Kluster-Fuck'd BEND
In the Reality Lounge
The G-20 came to Washington for the weekend and sucked all the air out of the city before announcing that they were really serious about patching all the leaks in the foundering ship of globalism. Well, they have to at least pretend that they are doing something. Meanwhile, the former bit player known as reality has taken center stage in the ship's main lounge. It is putting on an act even gnarlier than the Kit Kat Klub show in Cabaret.
This reality show is sending some clear signals to the denizens of the real and really crowded world. The main signal is that the trade and financing rackets of recent decades are over. The extravaganza of economic hypergrowth based on cheap resources is over. The promiscuous swapping around of risk and rewards is over. There is no global institutional framework for managing the impairment left in the wake of this binge. It will be up to the individual nations now to figure out their national lives and livings.
Alas, the financial impairment is still on-going world-wide and has quite a ways to run before it's finished working its hoodoo on the so-called advanced economies. The lame duck US economic posse so far has done everything possible except the two things that really matter: allow the fraudulent securities at the heart of the problem to be exposed to the light of day to determine their actual value; and allow those companies who trafficked in them to suffer the full consequences by going out-of-business. For the moment, they're content to shovel cash into the truck-bed of every enterprise in America that shows up at the Treasury loading dock. This can only have the effect of eventually destroying the value of that cash.
President-elect Obama's cagey appearance on 60-Minutes showed that he's hardly in a position to say anything of substance about this country's predicament as long as the old posse holds the levers of the economic machinery -- and retains the ability to run it into the ground before January 20, 2009. So many tribulations are now underway in our Republic that it is hard to fathom what the head of the federal government might do besides act as a kind of psychological counselor-in-chief to a land full of people in distress.
The world has changed faster than anyone realizes. One big question is how long the American people will stumble around in a daze before we get back to work doing constructive things in this country -- and by that I mean activities scaled to the resource realities of the years just ahead. More specifically, I mean how we are going to grow the food we eat without massive quantities of diesel fuel and petroleum-based "inputs" and also how we are going to make any of the useful products we need in an energy scarcer time.
Perhaps Mr. Obama knows that we're not going back to anything even close to the business-as-usual that shaped our lives for the generations born after 1945. I would advise him to begin thinking about this by dividing the problem into two parts. The first part is how his government might handle the sheer emotional fallout of a people whose standard-of-living will be pulled out from under them. For a while, perhaps the first year or so, the public is apt to be trusting and generous, especially regarding a president who has had some acquaintance with being short of cash himself, and who can speak English both clearly and empathetically. Mr. Obama stands a good chance at playing that role successfully, at least for a while.
The second part, though, is the more difficult operational and administrative matter of promoting the necessary downscaling of all the essential activities of daily life. This is especially difficult given the current trend of the government suddenly taking ownership of everything, from the banking system perhaps to certain areas of heavy industry (if Detroit gets its way). The Obama government will have to resist the temptation to prevent enterprises from failing. These failing things have to get out of the way before new activities can get underway. It will also require government leaders to tell the public the hard truth that it can't do everything we would like it to do.
The fiasco of medical care is certainly a product of connivance between greedy and heartless insurance companies, profit-driven hospitals, and avaricious drug-makers. But the public itself is responsible for its own suicidal diet of double cheez burritos and Dr. Pepper. How about a national health-care system with one basic requirement: to qualify, participants must be within ten pounds of their appropriate weight. Pretty harsh, huh? Maybe. But times are harsh too, and bound to get harsher. This system would have the great advantage of being absolutely clear. Let the United Way and other charities devote their resources to educating the recklessly obese about diet and exercise so they can eventually qualify.
The transportation quandary suggests that we have to move away from the private automobile and commercial trucking, and that the airline industry is certain to contract dramatically. When are we going to start the discussion about rebuilding a US public transit system that was once the envy of the world? It no longer matters how much Americans love their cars, or even how much investment we've made in car infrastructure. At some point, we just have to face the fact that democratic mass motoring is no longer on the program. Nor is a commercial economy based on incessant motoring. One other implication of this is the necessity to use our waterways for moving things and people again. Has anybody noticed, for instance, that the once-bustling New York City Harbor, possibly the biggest and best sheltered deepwater harbor in the world, has next-to-zero operating docks left along its massive perimeter? While you're at it, have a look at the waterfronts of Louisville, Cincinnati, Kansas City and a score of other inland port cities on great navigable rivers. What you'll see are condo sites, festival marketplaces, picnic grounds, and plain old empty lots -- everything but the infrastructure for commerce. We can't afford this anymore. We have to put these places back to work.
The G-20 leaders in Washington last week made a lot of noise about ramping up domestic spending. In the decades to come, this will not happen without import replacement -- which is just what it sounds like: instead of importing things you need, you make them at home, and people get paid a living wage to do it. Import replacement, by the way, is exactly how the United States rose in the 19th century to become the world's preeminent manufacturing nation. It doesn't foreclose trade with other countries, but it self-evidently changes the terms of that trade, and it would spell the end of the kind of predatory "globalism" that has led to the current state of gross imbalance and reckless destruction.
I believe this will happen whether we like it or not, because these things occur in cycles and the current cycle is obviously ending with a thundering crash of economies, modes of operation, habits and practices, and expectations. For better or worse, we have to move on to new ways of doing things.
I regard the most dangerous fantasy in America right now to be the wish that we can keep running things just the way they are now (my recurring synecdoche of WalMart, Walt Disney World, and the interstate highway system) by replacing oil and gas with "alternative fuels." This just ain't gonna happen. We're going to use every kind of alt.energy there is and they will still require us to live very differently than we did the past sixty years. The public just doesn't get this. I don't know whether President-elect Obama gets this. I hope he does, and I hope part of his new mission will be to clarify this state of affairs for the public in clear and effective speech. It's going to tick off a lot of them, but it's the theme music playing in the reality lounge right now, and Mr. Obama would be advised to take up the tune.
In many way's what 'Kunstler' writes about the USA is like our Bend.
While many know something is wrong, the city-hall is literally shoveling cash by the minute out to HOLLERN & Knife-River.
To date using the JR-BURA 'money tree' the city has created $24M in DEBT, with a net result in a ZERO-GAIN regional job gain.
Who is the enemy of Bend? It is the media; The SORE, BULL, TV; all that coddles the boss hogg's that are robbing the city blind.
Like GM, it would have been better to let Knife-River, Compass, or Brook Resources simply go bankrupt, rather than indirectly borrowing $24M in the city's good name.
There is no way in hell the city can continue to borrow, even BofA will soon pull the plug, as the city credit rating plummets.
When will the apologists the Bend robber barron's like HBM&COSTA realize that they'll be tarred & feathered when the final end of the tunnel is seen in 2016 or latter.
From 2006 to present the city has managed to squander $24M for NADA, today this collapse in Brooks & Compass will continue for years. They're going to BK, and no amount of crooked 'Friedman-ian Accounting' can save them.
Currently it appears the 'plan' is run the city into the ground, and then create a Bend Sales tax, a Bend business tax, and to privatize everything. Like RahmBO (OREO-ENFORCER) say's "Never let a good crisis be wasted".
There has never been a better time for BROOKS-RESOURCES to privatize every fucking service in BEND, from water, to police, to fire, ... and then Brooks can pull any number they want out of their ass.
The BULL&SORE will support anything their master demands.
WE'LL BE BK WITHIN A YEAR, 80-90% REVENUE REDUCTION, AND NO ONE AT CITY HALL ACKNOWLEDGES ANYTHING BUT A TEMPORARY SLOWDOWN.
*
We'll blame Friedman, he's dead. Its a perfect strategy.
The Theme of 2009 will be "Who would have known", "Who could have guessed".
Bush destroys economy, which increases recruitment for his frivolous war:
The lure of the military career
As the job picture worsens and violence in Iraq declines, the region’s recruiters are finding more receptive ears
By Zack Hall / The Bulletin
Published: November 21. 2008 4:00AM PST
The military recruiting station near the Bend River Promenade should not be confused with the hustle and bustle of a department store on Black Friday.
But the U.S. Army, which is the largest branch of the armed forces, is seeing more traffic at its office these days than when the economy was humming and violence in Iraq was peaking.
Helped by declining violence in Iraq and an economic downturn that has driven up the Central Oregon jobless rate, Army recruiters appear now to be ahead of their recruitment goals.
“We had a hard time throughout Oregon and California” before the downturn, says Charles Glenn, a civilian advertising and public affairs specialist for the Army’s Portland Recruiting Battalion.
“Command as a whole has been making their (recruiting quotas) pretty regularly. But it was certainly much more difficult a year or two ago than it is now.”
Bend recruiters have signed up 17 Central Oregonians to the regular Army or Army Reserves during the last two months, meeting their quotas each month, Glenn says.
And the Portland Battalion will likely meet its quarterly recruitment goals well before the quarter ends, Glenn adds.
It should not be a surprise. The military historically has had an easier time recruiting in times of recession.
“Things have been improving gradually since last summer,” Glenn says. “There are two schools of thought about that, but generally the one that seems to be the most accurate, year in and year out, is that the economy really is the driving force behind it. We generally do better in times when ... the economy is in this kind of state. The more options people have, the more chance that they are going to do something else.”
(excerpt)
More rose-colored reporting from the BULL:
Business leaders point to upsides of downturn
The economy is in recession, and it will likely last through 2009, three local business leaders said Thursday at the City Club of Central Oregon’s monthly luncheon.
But the three stressed that recessions are a normal part of any business cycle and are generally followed by longer periods of growth.
“There are relatively long terms of expansion after downturns, but it’s a question of when does it start and how long do you have to hold on until then?” said Roger Lee, the executive director of Economic Development for Central Oregon.
A recession is defined as two consecutive quarters of negative growth in the nation’s gross domestic product. The nation has yet to record two straight down quarters, but it is widely expected the definition will be reached when the nation’s fourth-quarter GDP is released in January. Third-quarter GDP was negative 0.3 percent.
Lee, along with Jeff Savage, the senior vice president and senior director of investments at Wells Fargo Private Bank in Portland, and Wes Wright, a vice president and private client adviser at Wells Fargo Private Bank in Bend, spoke to roughly 100 City Club members meeting at St. Charles Bend.
Savage, who spoke first, discussed market conditions and investment strategies. For investors concerned about the market, he implored them to keep their portfolios diversified and warned that if they need to have cash on hand within the next five years, they should avoid stocks.
However, Savage believes the stock market is nearing a bottom. Underscoring the current market’s volatility, when he uttered the remark before noon, the Dow Jones Industrial Average was down 120 points. When the meeting ended at 1:15 p.m., Savage announced the Dow had dipped nearly 450 points to close just above 7,500.
Despite the downward pressures on the stock market caused by what he said were consumers and the global financial system “de-leveraging,” Savage was optimistic investors can tune out “the media hysteria” surrounding the world’s financial markets and find opportunities as stock valuations reach historic lows.
“What we’re going through today isn’t new, this has happened before, so if you can put emotion aside ... the market is screaming to buy stocks now, if you’re unafraid to do it,” Savage said.
Savage also was optimistic about some economic fundamentals, including housing prices that have dropped to more affordable levels for more people, declining inflationary pressure (“though it’s still on our doorstep,” he said), strong exports due to the weak dollar and a massive government response to the current financial crisis.
Savage also said people and businesses should take advantage of interest rates at historic lows to purchase capital items because he believes the Federal Reserve will increase interest rates rapidly to fight off inflation as the recovery kicks in.
Following Savage, Walker forecast national unemployment will likely rise through 2009 to a target rate of 8.5 percent. As of October, the nation’s jobless rate was 6.5 percent. Oregon’s was 7.3 percent.
Walker also presented a slide of historical data showing the peak unemployment rate occurs an average of 4.7 months after the end of a recession and that the low mark for unemployment, on average, occurs 7.4 months before the start of a recession. The nation’s most recent low in the unemployment rate was 4.4 percent in March 2007.
“We keep hearing about life as we know it is ending, but that’s not the case,” said Lee, who was the last to speak. Lee said Central Oregon, while it has lost jobs recently, still shows a net job gain since 2007. The region’s population growth, the fastest in Oregon, helped propel the job growth, he said.
“It’s important to understand how far we’ve come and not just look at what is lost,” Lee added.
Going forward, Lee sees more pain for the local wood products, real estate, construction, retail and financial services sectors, but he’s bullish on health care, education, tourism, alternative energy, software and other nonconsumer technologies.
Lee said the downturn, while painful, has some benefits. More affordable housing is one, along with more public-policy support for economic development, more opportunities to prepare infrastructure for growth and greater abilities for employers to hire quality employees.
Afterward, City Club member Marilynn Hogrefe said she wasn’t surprised by the speakers’ remarks because she follows economic news.
“There wasn’t any new information for me ... but at least it was consistent,” she said, adding that she’s not going to take her money out of stocks.
I especially like that commment about how "What we’re going through today isn’t new, this has happened before..."
We've spent trillions bailing out banks before?
After Mr. Savage spoke a Mr. Goebbels from City of Bend spoke about the extermination of Jews. They reported that everything was going according to plan.
As the job picture worsens and violence in Iraq declines, the region’s recruiters are finding more receptive ears
*
Yes, except that the war of the future is in Aghan, and Iraqi's are closet queers compared to Afghan fighters.
Read the book 'Charlies Wilson's War', about how Russia got their ass kicked in Afghan.
A favorite trick was to lure Russian soldiers in homes with young girls, and then cut their dicks off and release them.
In Russia entire regiments can come from one village, unlike the US which mixes troops. In some Russian villages the majority of all veterans has been castrated. These are the reasons that Russia fell, you can lie about individual cases, but you can't lie about a village of dick-less men.
In summary, the BULL may brighten hope of a wonderful life at war, but the future is Afghanistan, Pakistan, Syria, ... Iraq has been a US Nazi Colony since the 1950's, Saddam was OUR CIA boy. The Iraq's were never real fighters.
$400k/YEAR for one LEGAL KUNT, but WILL SHE SAVE CITY HALL FROM THE 'simple people??'
There might be a new day dawning for the City--two weeks they hired Mary Winters as in house counsel, and fired their contract lawyers Forbes and Schannauer, the dynamic duo that for the last ten years has led them into endless legal fiascoes including the Juniper Utility condemnation, the mobile home park ordinances, and the lawsuit against the used bus company.
Apparently sensing they were going to have a tough time finding other clients who didn't mind getting stuck with multimillion dollar judgments, Forbes and Schannauer closed their office and dissolved their partnership.
Schannauer, who came here after he got fired from the City of Prineville, has put his house up for sale and is looking for for another City to "help".
Wonder what kind of a letter of recommendation he'll get from COB?
"In some Russian villages the majority of all veterans has been castrated. These are the reasons that Russia fell, you can lie about individual cases, but you can't lie about a village of dick-less men."
castrating is cutting off the balls, not the dick
>>Business leaders point to upsides of downturn
I saw that headline this morning. The Bull is becoming a caricature of itself, if that's possible.
>>We've spent trillions bailing out banks before?
Of course we haven't. They were "savings & loans."
"As the job picture worsens and violence in Iraq declines, the region’s recruiters are finding more receptive ears"
Yes, military will become more profitable. Some of those "tuition waiver" enticements will likely disappear.
More kids are heading back to college too, for graduate degree or whatever. Hope there's a job waiting for them when they're finally forced out of there.
Otherwise you end up living at home with Mom.
Hey, it's kind of like the 1930s, when extended family all lived together.
A lot more on those stackable prison cells: http://cafr1.com/Legos.html
BushCo's Homeland Security is up to something.
Business leaders point to upsides of downturn
LMAO! I bet we'll never hear about the downsides of an upturn.
Everything is "upside" to The Bullshittin. Relentless happy-talk "news" 365 mornings a year. Babbitt-like boosterism at its most egregious. Sinclair Lewis woulda loved it.
It's really a shame that we don't have any other newspaper -- or any other news outlet, really -- with the inclination and the resources to counteract The Bull's smiley-face propaganda.
The military recruiting station near the Bend River Promenade should not be confused with the hustle and bustle of a department store on Black Friday.
But the U.S. Army, which is the largest branch of the armed forces, is seeing more traffic at its office these days than when the economy was humming and violence in Iraq was peaking.
Here's the deal, kid -- you can stay at home and starve or "volunteer" for the military and come home in a box, or with parts of you missing.
What a country. Truly the land of opportunity.
HBM>> Here's the deal, kid -- you can stay at home and starve or "volunteer" for the military and come home in a box, or with parts of you missing.
LOL!
For YOU KUNTS who pay NO FUCKING ATTENTION TO THIS BLOG ... 2-3 WEEKS ago I said that Giethner would be Treasury, well its NOW FUCKING official. THIS KUNT is the guy at NY-FED that gave out the $2M that will not say to WHOM, this is the arch behind the $750B paulson bailout. This guy Geithner was sucking KISSINGERS's cock as a CHILD. This GUY Giethner is #1 in the world of AIPAC finance.
GAME-OVER ... OREO WON.
The Wall Street Journal
Nov. 21, 2008
New York Federal Reserve Bank President Timothy J. Geithner will be nominated to be President-elect Barack Obama's Treasury secretary, according to a person close to the transition process. The FBI began calling Geithner confidantes this week, starting a vetting process of getting the economist and Fed veteran in place almost as soon as Obama is inaugurated.
Obama plans to introduce his entire economic team early next week, hoping to sooth the roiling financial markets and answer rising pressure on the president-elect to become more involved.
BP,
I have had a change of HEART, don't know what's come over me, maybe its just looking at your PUSS every council meeting.
From now on your Krusty, because you look like Krusty with the missing front teeth and bald head, and your fucking all over the map opportunist like Krusty.
From NOW on HBM is Smithers.
Smithers is that fucking KUNT that works for the owner of BEND, and he snivels around like a hunchback doing the good work of the Boss-Hogg's. Until BP finds a PATRON, I cannot in my heart classify BP as a 'smithers'. All the while HBM still brown-noses A.switzer,Costa,Hollern;
Note QUIM of course is our Mr. Burns cuz he is the biggest boss in Bend, but we all know that HBM is on the BULL (HOLLERN) payroll.
HBM,
I have to admit you FUCKERS at the SORE have hit the Juniper-Ridge hard this week.
Why the fuck did you wait until after the election to find your balls??
"In some Russian villages the majority of all veterans has been castrated. These are the reasons that Russia fell, you can lie about individual cases, but you can't lie about a village of dick-less men."
castrating is cutting off the balls, not the dick
*
The afghan principal is on the biblical 'solomon' method of late 'circumcision', where you remove the tip of the penis from the ball's forward, castration? Yes, but the penis goes as well,
For Muslims circumcising and/or castrating Christians is an old ritual.
Perhaps a Rabbi might remove the foreskin, but hell you got a huge fucking knife and the idiot is moving all over, its hard not to cut off the whole shebang.
I love Proverbs in the Bible Solomon used to order his men to go out and circumcise the enemy, and believe me they didn't bother measuring the foreskin, or worry about the testicals getting in the way of the knife.
Grown me have a nasty habit of not going along with forced circumcision and/or castration.
Hell the entire program of BUSH/CHENEY since 911, has been crushing the testicals of Arab children in front of the parents to gain info, and Gonzales ruled this was OK because it did not permanent harm to the internal organs, our definition of torture.
MARY WINTERS .. WINS BEND $400k/yr lottery for life ... BEND IS GREAT
There might be a new day dawning for the City--two weeks they hired Mary Winters as in house counsel, and fired their contract lawyers Forbes and Schannauer, the dynamic duo that for the last ten years has led them into endless legal fiascoes including the Juniper Utility condemnation, the mobile home park ordinances, and the lawsuit against the used bus company.
Apparently sensing they were going to have a tough time finding other clients who didn't mind getting stuck with multimillion dollar judgments, Forbes and Schannauer closed their office and dissolved their partnership.
Schannauer, who came here after he got fired from the City of Prineville, has put his house up for sale and is looking for for another City to "help".
Wonder what kind of a letter of recommendation he'll get from COB?
>>Why the fuck did you wait until after the election to find your balls??
Their testicles were shoved up into their abdomen so they could scream like little girls for Barack Obama, Rock Star. He's the black Elvis, you know.
Hell the entire program of BUSH/CHENEY since 911, has been crushing the testicals of Arab children in front of the parents to gain info, and Gonzales ruled this was OK because it did not permanent harm to the internal organs, our definition of torture.
*
Just remember that, when kids come back years from now from war in OREO's Afghan with the 'Jewels' missing, don't call it 'torture', cuz ...
"NO INTERNAL ORGAN DAMAGE WAS INVOLVED.' - GONZALES
Re: From now on your Krusty, because you look like Krusty with the missing front teeth and bald head, and your fucking all over the map opportunist like Krusty.
Jeebus, Mike, I was going to nominate your for Krusty.
You should come to the JRMB meetings. Ain't much for public at those. Next one is Monday at noon.
PS, I think you are mistaking the all over the map BS with the ability to see all sides of an issue.
Although I will always lean progressive, i.e. government dollars need to be effective if spent, and people can do pretty much what they want behind closed doors, as long as it's not coercive.
Sorry..."your ass"
Re:
The afghan principal is on the biblical 'solomon' method of late 'circumcision', where you remove the tip of the penis from the ball's forward, castration? Yes, but the penis goes as well,
For Muslims circumcising and/or castrating Christians is an old ritual.
###
Hell, it's not just a Muslim thing.
Our Central American allies were into it as well.
please take a break people listen up we are all scared. scared ok get a grip you are all getting out of hand. Stop who wants to have a bonfire? remember those days? Lets do it name the place wiciup? davis creek campground
>>please take a break people listen up we are all scared. scared ok get a grip you are all getting out of hand. Stop who wants to have a bonfire? remember those days? Lets do it name the place wiciup? davis creek campground
Scared people and fire are a dangerous combination.
only if you think it is a dangerous God tim where were you in the 80's I had so many partys and would like to meet all you in person
Where was I in the 80s?
I think I was still tracking down the last pairs of Levi's bell-bottoms as they drifted out of style.
Funny thing, Tru has had several people buy stuff off Craigslist lately that have said "I'll have my mover come pick it up..."
Check the latest budget numbers and the garbage collection franchise fee is less than last year.
More people are leaving than coming. When will those in charge admit it?
WSJ:
Santa to lay off 3500 elves, 2/3rds of his staff, and shuttering 90% of his toy making operations. The remaining staff is mostly administrative, to manage the shut down.
When asked why he was doing this, he replied "F**k this economy. No TARP, and FED won't let me become a bank holding company. It's always cold up here. Do you know what the energy bills were like when Goldman Sucks cornered that oil market! You can't run a proper nuclear power plant on ice you know. Then they won't roll my CP before Thanksgiving. Screw 'em."
We talked to several elves about to go unemployed. Adam Dollmaker:
"What are we supposed to do now? Go to Elfis's Eskimo Casino and become dealers? Who's going to play? Beancounters?"
July Dressmaker:
"I always thought if things got tough I could go back to Iceland. Yeah, that's gonna happen, now. I'm checking on jobs for cleaning dog doors in Sweeden right now."
Tough time, indeed. But is Santa hopeful about the future?
"Hell no. The Easter Bunny is having trouble getting money for the Easter egg runnup at his ranch, and the Tooth Fairy's Tooth Backed Securities have CDS rates at like 10000 bps. This thing is going into a hole. I might have to eat Donner this winter."
So things are looking a bit grim.
Re: the 80's bonfires.
We did that back in the early 70's. Once when we got raided out in the woods, and the cops took the half-barrel, I went and retrieved it from the cop shop the next day. I had bought it with my DL that was modified to read '56 rather than '58. There was like a $50 deposit, plus the tap, big money to us.
I was 17. And they gave it to me, no questions asked.
Far different days.
>>>listen up we are all scared.
Scared? Why scared? I've been preparing for this shit for years now. At this point I think it's been way easier than I thought. Kinda of a slow put the frog in the pot and turn on the heat type thing. Most fuckers I know still expect it all to bounce back. Me, I've been hoarding and offshoring cash, and even been dipping into the glod.
Wickiup? It's a bit cold. These days we just head to pals backyards and bonfire. In the old days we'd goto Tallahatchie pumice pits which now is called the 11th hole at Broken Top. Far easier to drive home.
but god you guys have developed into so paranoid? people are so bad? Get a life? Come on lets gET TOGETHER. we could really have a good time?I guerenntee you if you met me you would feel at ease and would feel totalee at ease with me and my wife.
http://www.youtube.com/watch?v=nJtz3PPrnGQ&feature=related
I Hate to burst your bubble but I am a native of decendent of a homsteadter of 1876 of walla walla wa would you like to go back in time? And this is no bullshit I really am. 1930 milton-freewater or
My mother? I'll tell you about my mother.
Be afraid, very afraid.
Funny times here tonight. Natives, etc. The lady that sits next to me on the Grand Jury is from a family that homesteaded here in 1911 IIRC.
And their neighbors, the Torkelson's, have had several extended family members indicted. But "Most of them are good folks". Which I'm sure they are.
Those goddamn haters of freedom bitching about the only democracy in the Middle East:
AMY GOODMAN: Israel’s tightened blockade of a million and a half Palestinians in the Gaza Strip is now entering its third week. Tel Aviv rebuffed calls Thursday from United Nations Secretary-General Ban Ki-moon to reopen the crossings into Gaza for humanitarian aid. Israeli government officials cited continuing Palestinian rocket fire as the reason for closing the crossings.
Residents of Gaza are running out of essentials, like food, medicines and fuel, as a result of the almost continuous blockade imposed November 4th.
Meanwhile, the fifteen Palestinian fishermen seized by the Israeli navy off the coast of Gaza were released on Wednesday. The three international volunteers accompanying the fishermen, however, remain in a prison near Tel Aviv.
American Darlene Wallach, Italian Vittorio Arrigoni, and Scottish Andrew Muncie had arrived by boat into Gaza in late August as part of the first Free Gaza delegation. They remained in Gaza working with the International Solidarity Movement alongside Palestinian fishermen, documenting any harassment by the Israeli navy.
The three internationals are reportedly beginning a hunger strike today to protest their detention. They are also demanding the Israeli navy release the Palestinian fishing boats they confiscated this week.
US citizen in detention, Darlene Wallach, joins me now from a phone inside the prison near Tel Aviv. Welcome to Democracy Now!, Darlene.
DARLENE WALLACH: Thank you very much. Thanks for calling me.
AMY GOODMAN: Where exactly are you being held?
DARLENE WALLACH: I’m in a—it’s in a men’s prison, but inside the men’s prison there’s a compound for women. And the compound is for people who are illegally in Israel because their visa, work visas ran out. So my question is, why am I here? I was kidnapped at gunpoint by the fourth largest military in the world, and I was on a Palestinian fishing boat in Palestinian fishing waters. So it doesn’t make any sense why I’m here, why I’m being held.
AMY GOODMAN: Explain exactly what you were doing and the scene when you were arrested.
DARLENE WALLACH: I was on a Palestinian fishing boat that I’ve been on numerous times. And we accompany the Palestinian fishing boats in their waters, where they have the international right to fish, so that the Israeli navy won’t shoot and kill or arrest the Palestinian fishermen.
So what made it different this time is, it seemed to me they were specifically targeting the internationals, because they released the Palestinian fishermen to their homes. And they also confiscated the fishing boats. And the way that they arrested us was very different than how they normally arrest the fishermen. So, normally, they force the fishermen to strip to their underwear, jump in the water and swim to the Israeli navy boats. And this time they brought Zodiac boats, and the frogmen boarded each Palestinian fishing boat. And the first person taken was Andrew. I saw him being taken. And then they took the fishermen off of that boat. Then they came to the boat I was on and took me off the boat.
And so, I don’t know—I didn’t know what happened to the fishermen. I was very concerned about their safety and what Israel might do to them. And I’m very, very concerned about the fishing boats, because in the past what Israel does is they sink the boats or they damage the boats, like taking the engines off, or steal all the equipment. So I’m very concerned about what’s going to happen to the fishing boats. That’s their livelihood. I mean, they said fifteen fishermen. Well, there’s more than just those fifteen that work on each boat. So the livelihood of all those people now has been destroyed. That’s how many families now? And the families tend to be large. How many families now have no income, and there’s no employment, because they have no fishing boats to go out on? It’s really just disgusting, despicable, deplorable. And I want the world to speak out and tell Israel to stop.
AMY GOODMAN: Now, those fifteen fishermen have been released. Why haven’t you been released?
DARLENE WALLACH: I guess the plans are to deport us. And my understanding is, when they deport you, they deport you to where you came from. Since I came from Gaza, I want to be released to Gaza. It sounds like they have no plans on doing that. I don’t know why they’re holding me. It seems like they violated international law in many different ways. And so, I don’t know. I can’t answer that. But then, if you try to talk to Israel, it doesn’t necessarily mean you’re going to get the truth from them.
AMY GOODMAN: How did you get into Gaza, Darlene Wallach?
DARLENE WALLACH: How did I get to Gaza?
AMY GOODMAN: Yes.
DARLENE WALLACH: I was on the Liberty, one of the two boats that—one of the first two boats that went to Gaza from Cyprus. And I actually was with the Liberty on the way to Cyprus. And so, it was a wonderful trip. It was a wonderful boat. It was an amazing, amazing experience.
The welcome that we got in Gaza, it was just overwhelming. My emotions come up, because it was thousands of people just so happy to see, at least token-wise, symbolically, the siege broken. It was the first time in forty-one years that, from Cyprus, a stamp on a piece of paper said a boat was leaving Cyprus for Gaza. And it was like an amazing trip. And it’s been amazing to be in Gaza to work in solidarity with the Palestinians. They’re amazing, kind, warm, loving people. And I—for me, just being out on the fishing boats and the stress, I don’t understand how they can go out there day after day with the stress, knowing at any time they could be killed, that any time their boats could be taken, at any time they could be arrested or shot.
AMY GOODMAN: Darlene Wallach, I wanted to remind our listeners and viewers about these boats, that the one—one of them you describe, the Liberty, that’s challenging the blockade. We were able to reach people on the boat in the first trip that was coming over. We spoke to the former prime minister of Britain’s sister-in-law, Tony Blair’s sister-in-law. We spoke to Jeff Halper, the Jewish Israeli who is challenging housing demolition. Mairead Maguire was on one of the trips; she is the Nobel Peace Prize-winner from Ireland. These are the boats that you’re describing that—not to be confused with the fishing boats, but are challenging the blockade.
DARLENE WALLACH: That’s correct. That’s correct.
So, I want to make sure that people understand, when they talk about the ceasefire, Israel has violated the ceasefire from day one; before it even was created, they were violating it. The ceasefire supposedly was going to lift the blockade and allow goods and services and food and fuel and that kind of thing, and Israel has never lifted that blockade.
Israel has violated the ceasefire every day by, when the fishermen go out to fish, Israel navy comes and shoots at the boats. They use high-pressure water power; they have a water cannon that they shoot at the boats that damages the boats, injures people. They’ve cut the cables. The fishermen have lost their fishing nets.
On a daily basis, the farmers who try to go out and farm their fields get attacked. So, Israel created this buffer zone, 300- to 500-meters wide, along the whole length of the Gaza Strip. And that was done around May 1st. And that was a desert area, that whole area, where they demolished all kinds of crops, homes, wells. And in the crops, it was like citrus, dates, olives. Any kind of crop they had, it was all demolished. And farmers now are trying to go back out and start, you know, planting their fields and being able to harvest their fields. And we’ve been accompanying them.
And even just standing out there in the fields, where it’s just farmers, obviously knowing with any kind of military—no militants, just farmers, just people trying to tend their fields—the Israeli military comes by in their jeeps and gets out and starts shooting. So we’re a presence to be witness to that. We’re a presence to make sure that people aren’t killed. And when they start shooting, we’re standing out in the fields with our florescent vests on, some of us. And we stand there until the Israeli military leaves. We don’t back off. When they start shooting, we stand in the fields and having the bullets, you know, come around us, over our heads or by our feet.
AMY GOODMAN: Darlene Wallach, are you beginning a hunger strike today at the jail?
DARLENE WALLACH: I actually started a hunger strike last night. I didn’t eat dinner. And for me, they had someone talk with me yesterday, and saying that they are not going to allow me to die. So I don’t know what that means. For me, I’m still in the prison, and I still have my cell phone. Andrew Muncie was taken into isolation today, and his phone was taken from him.
AMY GOODMAN: I want to thank you, Darlene Wallach, for joining us, speaking to us—the name of the prison you’re in near Tel Aviv?
DARLENE WALLACH: I always forget the name of it. It starts with an “M.” And it’s a new prison. It’s a men’s prison, but within the men’s compound, they have a compound for women.
And I just want to make sure people know that this blockade on Gaza, this siege, is really, really horrendous, what it’s doing. I mean, the flour mills are having to shut—the last flour mill shut down, because there’s no fuel. I mean, if people can’t buy bread, what are they going to eat? This is very, very, very serious. There’s 500 students with scholarship that can’t get out to go continue their university education. And there’s 3,000 students that are accepted to universities, that they’re losing their administrative entrance into the universities, because Israel will not allow them out. And 258 people have died, because Israel refuses to let them out to get medical care. And this is [inaudible].
AMY GOODMAN: Darlene Wallach, I want to thank you for being with us. We’re going to turn next to the South African Archbishop Desmond Tutu, who speaks about the blockade of Gaza. Darlene Wallach is speaking to us from the Masiyahu Prison near Tel Aviv. Again, executives from the Associated Press, Reuters, New York Times, BBC, CNN and other news organizations have signed a letter criticizing the Israeli government’s decision to ban journalists from entering Gaza.
Those fucking Blazers, what they're doing to Palestine is exactly what they're going to do to Bend.
Nobody is 'scared'. Anybody that has been on this blog for 2+ years know's that everything is going according to plan.
For most of us old timers back in early 1980's when most of Bend downtown was boarded up with plywood, that being the best of times.
Most of us old timers were here forty years ago to escape the US city's for the same reason as now.
Hell yes, we can heat our small homes with wood, and go hiking,biking,x-c-ski',everyday for free. Life is good.
Marge, TJ's has some killer deals on canned food right now.
'Scared' I don't think anybody is scared.
Last night I made the most amazing discovery. On craigslist comparing Portland & Bend for 'erotic' Services, PDX 'girlz' are getting 2X of BEND!!!!!!!! NOW that is some fucking heavy shit, its about $120/hr right now in Bend, and over $200/hr in PDX. I'm talking about in-home delivery of Spitzer Quality Pie.
Last night I made the most amazing discovery. On craigslist comparing Portland & Bend for 'erotic' Services, PDX 'girlz' are getting 2X of BEND!!!!!!!! NOW that is some fucking heavy shit, its about $120/hr right now in Bend, and over $200/hr in PDX. I'm talking about in-home delivery of Spitzer Quality Pie.
MARY WINTERS .. WINS BEND $400k/yr lottery for life ... BEND IS GREAT
NEW CITY OF BEND ATTORNEY TO BE DELIVERED $400k check by Bend's Krusty the Clown (BP).
There might be a new day dawning for the City--two weeks they hired Mary Winters as in house counsel, and fired their contract lawyers Forbes and Schannauer, the dynamic duo that for the last ten years has led them into endless legal fiascoes including the Juniper Utility condemnation, the mobile home park ordinances, and the lawsuit against the used bus company.
Apparently sensing they were going to have a tough time finding other clients who didn't mind getting stuck with multimillion dollar judgments, Forbes and Schannauer closed their office and dissolved their partnership.
Schannauer, who came here after he got fired from the City of Prineville, has put his house up for sale and is looking for for another City to "help".
Wonder what kind of a letter of recommendation he'll get from COB?
EVIL FUCKING HILLARY-BITCH ACCEPTS SEX-of-State - UGLIEST MEANEST BITCH SINCE MADAME HALFBRIGHT
Clinton Expected to Accept Secretary of State Post
HBMNews - 2 hours ago
Nov. 21, 2008: Hillary Clinton, speaking during a memorial ceremony in Harrisburg, Pa., has accepted President-elect Obama's offer of the job of secretary of stat
They're called the 'black widows' in Afghanistan, but when their men die, they always get revenge in the End. Its the long history of Afghanistan.
...
Afghan women castrated all the male captives before they killed them with knives.
Rudyard Kipling had this to say about Afghanistan:
‘When you’re wounded and left on Afghanistan’s plains, and the women come out to cut up what remains, jest roll to your rifle and blow out your brains, and go to your Gawd like a soldier!’
After this humiliating defeat the British curbed their ambitions in Afghanistan.
Below is an interesting question regarding OREO's AFGHAN WAR, the difference now is that many of OREO's cabinet have spent time in Israel's Army. The evil now begins.
...
American Geo-strategy imperatives seem to advocate a new version of’ ‘The Great Game’ and look at the current difficulties Coalition forces are experiencing fighting the Taliban and Al Quaeda.
If History does Repeat Itself ... bigger casualty figures may yet be on the way... And there is another thing... karmic payback... because there really is something of the ignorant, facistic, nasty, "bully boy" about Bush's policies...
Bush and his administration of "non-combatants" have a lot to answer for... in the words of John Lennon... "how do you sleep?"
‘Although all of them are the right age, not one of Bushes cabinet members served in Vietnam.
So why do Vets and combat troops support an administration of combat cowards?’ R.D. Carey. disabled UNSMC Vietnam Veteran.
What the hell?
Is it "Cat On A Hot Tin Roof" week here at BendBubble2?
Interesting that Al-queda means 'the base' in Persian, and of course Usama-Bin-Laden was Bushes money man during the proxy war for Afghan during RAYGUN (BUSH CIA DIRECTOR), two days before Al-Queda(CIA/BUSH) does 911, they take out Afghan leaders. After 911, al-queda is blamed, and bush invades afghan.
...
They also speak with great respect of the tactical skills of the Afghans particularly Ahmad Shah Massoud who was a prominent Mujahideen military commander who fought the Soviets to a standstill in the 1980s. Only to be assassinated by Al Qaeda on September 9, 2001 when they took over control .
Massoud became the greatest Mujahideen resistance fighter in the successful guerrilla war against the Soviet's Red Army. And is credited with having achieved control of terrain known to be difficult to defend militarily whilst under constant attack from the Soviet-Afghan Army.
They called him the Lion of Panjshir or Amer Sahib (Commander) expressing both affection and respect.
One of the most notable of Massoud's military tactics in the Panjshir was his tendency to perform ‘shocking’ manoeuvres against the Red Army.
Whilst the Red Army always outnumbered Massoud's men, they could never inflict enough damage on his forces or establish a prolonged presence in his territory.
The Russians believe it is impossible to win a war on Afghan soil.
What the hell?
Is it "Cat On A Hot Tin Roof" week here at BendBubble2?
*
No its 'reshuffle the deck chairs on the titanic'.
Team Bush is out, and Team OREO is in, and the chairs are being shuffled. Is that really 'cat on a hot tin roof?"
Don't worry we're a target, it will be over quickly for BEND-OR, given that we're the world leader for bio-encapulated bio-warfare delivery systems.
PSU numbers in. Big growth from July 2007-July 2008 in Bend.
Bend 81,640
That just seems high. I was looking at the budget numbers, and the garbage franchise fees have actually declined. Which would mean there are fewer people paying for garbage service.
From the accompanying news release:
Bend is estimated to have added the greatest number of persons from July 1, 2007, to June 30, 2008, followed by Salem; population increased by 3,860 and 2,130, respectively.
I as checking out the Best Places to Raise Your Kids article, where Bend is #1 in Oregon, and lo and behold, my hometown in Wisconsin is #1 there. http://images.businessweek.com/ss/08/11/1110_best_places_for_kids/50.htm
When I was back for a wedding this summer, I put about 60 miles on my Dad's cruiser, riding around checking things out. It's really gotten much nicer, and has nowhere near the traffic problems we do. Huge trail system, extending for tens of miles along the rivers outside of town. Lots of 10-25 acre parcels with actual companies on them in some industrial areas. New baseball stadium. Nice to see how it grew up in a good way.
And get this--the median home price is just over TWICE median income, at $125K. Unlike here, where it is 4.5 times median income at $280K.
No way can our medians be sustained. They are going to drop to at least $180K.
Only problem is winter is really cold. But with global warming, who knows?
"Lots of 10-25 acre parcels with actual companies on them in some industrial areas"
Yes, I'm from Illinois originally, and amazed by how much land you can get there for so little. A "regular" person with a decent job can buy 40 acres of woods near a stream for recreation - in addition to your own house.
And it's actually usuable land, too, since there is 40 inches of rain spread over 12 months of the year.
But the climate sucks. Winter is TOO cold and windy. Summer is TOO humid. And if you don't buy into the religion, you're considered a weirdo. Best not to mention it.
Thank you, Oregon.
"Only problem is winter is really cold."
You think Central Oregon winters are warm???
Actually they're not THAT cold, but they go on for eight months. And then there's four months of summer, and then eight months of winter again.
Does your little town in Wisconsin have that weird thing they call "spring"?
"UGLIEST MEANEST BITCH SINCE MADAME HALFBRIGHT"
Come on, be fair. She's just as mean, but not nearly as ugly. Albright's face would frighten the Crypt Keeper.
As a former midwesterner myself, I'm going to say, yeah, Bend's winters are not cold. I can take a 20-minute brisk walk on the coldest day of the winter in Bend and not suffer frostbite.
"I can take a 20-minute brisk walk on the coldest day of the winter in Bend and not suffer frostbite."
Either you were wearing a fur-lined hooded parka and heavy gloves or you have not been here very long and have never really experienced "the coldest day of the winter." Below-zero days in winter are not frequent, but they're not rare. In fact we can get inversions during winter during which the temperature doesn't rise above zero for several days and everything is covered with hoarfrost (frozen fog).
Shit back in the 1980's we used to have fires in the cinder pits, eat raw deer, and fuck poodle's and pitbull's.
Them days are coming back.
"According to the USDA Plant Hardiness Zone Map, the average annual minimum temperature in Bend is −5 °F (−20.6 °C) to −10 °F (−23.3 °C)."
Whatever. I can walk for 20 minutes at 10 below and not get frostbite. No problem.
In parts of the Midwest the number is -30 to -40 below. You obviously don't know "cold." I got frostbite as a kid once in 5 minutes digging my stack of newspapers to deliver out of the snow. Couldn't even breathe. This was with layers.
On cold days here you can still walk around the block in a sweater.
Now, granted, gain some altitude and I'm shiver as much as the next guy, but not in any part of the city.
Re: Does your little town in Wisconsin have that weird thing they call "spring"?
Yeah, it's almost as awesome as fall.
The biggest difference is the daily temp swings. Here on the High Desert, they are much larger.
Re: Below-zero days in winter are not frequent, but they're not rare.
In Eau Claire, it was below zero F for a week or more. The U had most student housing and some facilities in the west side of the river, and everything else on the east side. Walking the footbridge in the morning dark, when the river was basically a north wind tunnel, was brutal.
But the age of drinking was 18, so pretty much everyone medicated themselves as needed on Water St., on a regular basis. Not much for drugs, other than pot.
In E'Claire is where I met my first hair pie, creamy white on the inside.
Fluffy on outside.
"In Eau Claire, it was below zero F for a week or more."
I've experienced that in Bend. You will too if you stick around long enough.
"The biggest difference is the daily temp swings. Here on the High Desert, they are much larger."
Yeah, that's why nothing grows here naturally except juniper, sagebrush and rocks.
30 Reason's Why the USA will be in Great Depression 2.0 by 2011 - The Wall Street Journal
1.
America's credit rating may soon be downgraded below AAA
2.
Fed refusal to disclose $2 trillion loans, now the new "shadow banking system"
3.
Congress has no oversight of $700 billion, and Paulson's Wall Street Trojan Horse
4.
King Henry Paulson flip-flops on plan to buy toxic bank assets, confusing markets
5.
Goldman, Morgan lost tens of billions, but planning over $13 billion in bonuses this year
6.
AIG bails big banks out of $150 billion in credit swaps, protects shareholders before taxpayers
7.
American Express joins Goldman, Morgan as bank holding firms, looking for Fed money
8.
Treasury sneaks corporate tax credits into bailout giveaway, shifts costs to states
9.
State revenues down, taxes and debt up; hiring, spending, borrowing add even more debt
10.
State, municipal, corporate pensions lost hundreds of billions on derivative swaps
11.
Hedge funds: 610 in 1990, almost 10,000 now. Returns down 15%, liquidations up
12.
Consumer debt way up, now at $2.5 trillion; next area for credit meltdowns
13.
Fed also plans to provide billions to $3.6 trillion money-market fund industry
14.
Freddie Mac and Fannie Mae are bleeding cash, want to tap taxpayer dollars
15.
Washington manipulating data: War not $600 billion but estimates actually $3 trillion
16.
Hidden costs of $700 billion bailout are likely $5 trillion; plus $1 trillion Street write-offs
17.
Commodities down, resource exporters and currencies dropping, triggering a global meltdown
18.
Big three automakers near bankruptcy; unions, workers, retirees will suffer
19.
Corporate bond market, both junk and top-rated, slumps more than 25%
20.
Retailers bankrupt: Circuit City, Sharper Image, Mervyns; mall sales in free fall
21.
Unemployment heading toward 8% plus; more 1930's photos of soup lines
22.
Government policy is dictated by 42,000 myopic, highly paid, greedy lobbyists
23.
China's sees GDP growth drop, crates $586 billion stimulus; deflation is now global, hitting even Dubai
24.
Despite global recession, U.S. trade deficit continues, now at $650 billion
25.
The 800-pound gorillas: Social Security, Medicare with $60 trillion in unfunded liabilities
26.
Now 46 million uninsured as medical, drug costs explode
27.
New-New Deal: U.S. planning billions for infrastructure, adding to unsustainable debt
28.
Outgoing leaders handicapping new administration with huge liabilities
29.
The "antitaxes" message is a new bubble, a new version of the American dream offering a free lunch, no sacrifices, exposing us to more false promises
Re: I've experienced that in Bend. You will too if you stick around long enough.
I mean every year. Some years 3-4 weeks.
Check this out, Unemployment by Metro Area:
http://www.bls.gov/web/laummtrk.htm
Interesting. UT is looking good, as are several heartland areas and oil/gas areas.
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