What do new faces mean for Bend City Council?
(City Councilor Jim) Clinton said he expects much of the council’s business to carry on as usual but worries the three incoming councilors might have a shared support for particular industries.
In total, Eckman, Eager and Green received more than $38,500 in campaign contributions from Central Oregonians for Affordable Housing, the political action committee run by the Central Oregon Builders Association. The three candidates received a total of $14,050 from the Central Oregon Association of Realtors, the group for which Greene serves as president.
“I think there’s a danger signal that three of the new people were massively, disproportionately supported by the development industry — that’s something to watch for,” Clinton said. “We hope they’ll have a broader perspective beyond that.”
It goes on to have the usual denials from each of these Bought & Paid For Whores. Big Surprise.So, we can pretty much expect More Of The Same. Such as pandering to builders with such great ideas as Attacking Bend's Mega-Glut Of Homes By Eliminating SDC Charges, and other such mindlessness. I guess I shouldn't forget the $4.3MM revenue shortfall at City Hall. And the layoffs.
We don't need policemen, firemen, or roads! We need New Houses! Right?
Yes, yes. Selling out our city to RE interests is just proving to be all kinds of smart. And here we've done it again.
So what else happened during the recent election? Oh right! We elected a black dude!
Like I said in the comments, this thing could go in quite a few directions. The worst is what I call The Jesse Jackson Reverse Lynch Mob route, where black men on meth, driving 120mph through a school zone with their kids in the bed of the pickup, who decide, "Hey, this is because I'm BLACK! I ain't doin' nothing wrong!", and so they start shooting.
Or White Dudes in Cadillacs are pulled over and thrown to the ground & is given a Rodney King, ie "A White Rodney".
This is the lowest, basest, most vile thing on Earth, and it's exhibited by all Black Leaders, and 99.999% of all Liberals: REVERSE RACISM. Like putting the word "Reverse" in there somehow gets rid of the RACISM. No. It doesn't. Just makes it a vicious cycle.
OK, this is where it could go, and if JJ Jackson has his way, this is where we're headed.
OK, read again KNEE JERK, SELF-HATING LIBERALS: I HOPE NOT. OK?
This is where I HOPE & PRAY it goes: I hope Obama serves as a model for blacks. I hope he SAVES them from decades of VICTIM-MENTALITY BULLSHIT that has been spewed by HATERS like Jackson for decades. I hope Obama KILLS the WHITE OPPRESSOR MYTH that bigots like Jesse Pedophile Jackson has spread his WHOLE LIFE for his own personal profit, and nothing else.
THAT is what I hope.
But this guy is up against entrenched forces that have a RACE-FUELED HATE AGENDA, and they see this guy as their "In" to getting WHATEVER they want. And they are going to PUSH, CAJOLE, THREATEN or whatever else they have to do to take over his position & turn him into a puppet. I pray to God Obama doesn't get Lewinskied by these fuckers.
I am pulling for the guy. I want to believe that POSITIVE CHANGE is coming. I AM thrilled there is a black dude replacing the insular, inbred bullshit we've had to put up with for 8 years. OK... 240 years. I just hope this guy can fulfill the promise by taking The High Road, when there is overwhelming pressure to take the Low.
OK, moving on....
I've noticed a trend that's been around quite a while, and I've commented on it several times, but recently I've noticed it's in Almost Every Single Negative Economic Piece in Cent OR media. I have in fact seen it already this morning. Here is the snippet, and see if you can spot the "odd" passage:
GM, Ford woes impact Bend car dealerships
The sputtering economy is clogging the engine that runs this industry. Auto sales are at a 25-year low and still falling.
Dealerships in Bend say sales are down significantly, following the national trend.
"Following the national trend".
"We're just like everywhere else, right? We're not immune. How could we have escaped such an overwhelming force?"
The other fairly obvious statement is along the lines of, "How could we have possibly known this was going to happen?"
The Bulletin runs stories ad nauseum FILLED with these 2 statements by City leaders. You WILL NOT see these sorts of statements in any other self-respecting news organization, anywhere. Why?
Because NO WHERE is local government, local media, and a dominating local industry so incestuously intertwined. RE interests BOUGHT & PAID FOR our local city council, as City Councilor Jim Clinton stated. RE interests donated a multi-million dollar property to the local newspaper. NO WHERE will you find such RIDICULOUSLY biased news reporting as you will find in Bend, Oregon. NO WHERE.
THAT is why you find virtually ALL news pieces FILLED, sometimes very subtley, with odd statements about the BLAMELESSNESS of local government for the current financial debacle. And if you've been out, that debacle is the rapid bankrupting of this town that is 100% INEVITABLE.
We are being conditioned for it. That's what these statements are: They are bracing us for the train wreck they KNOW is coming. We're in Layoff Round #3 at City Hall. They are NOW telling us they KNEW it was coming in September! But after the first 2 rounds, King proclaimed, "This is it, we're done." Of course, a 100% LIE.
Just keep your eye out for this sort of thing:
"We're suffering just like everyone else."
Translation: We have to TELL YOU that we are suffering just like everyone else, because for 10 years we have told you that we WILL NOT SUFFER, EVER, because we Bendites are Gods Chosen People. Plus this statement cushions the inevitable blow of Bankruptcy that WE ALONE have pushed us into.
"How could we have known this was going to happen?"
Translation: We are headed towards bankruptcy, and we MUST find a way to HOLD OURSELVES BLAMELESS for the cataclysmic implosion of city finances that WE ALONE are responsible for.
If you want to see ONE EXAMPLE of the ENLESS BOONDOGGLES we as taxpayers have funded, just go to Bend2030. Here's an excerpt of just what Bend2030 is STRAIGHT from the homepage:
Bend 2030 is a private non-profit 501 (c) 3 organization, independant from the City of Bend.
Ummmm, yes. Yes, Timmy. "independant". They are INDEPENDANT from the city of Bend, as well as a decent spell checker.
Click on the Bend2030 "Action Plan & Progress Report". Their original action plan was published in Dec 2006, and they recently put out a Bend2030 Progress Report. Some excerpts of EXACTLY what has been accomplished with our taxpayer funds over the past 2 years:
With respect to the Modal Connectivity Plan (yes, BIG WORDS & MYSTIFYING TITLES fill this thing):
"...a Recreation Assets Committee... is identifying opportunities for recreation and connection in Central Oregon."
Holy Shit! They've fired up the old RAC and are vigorously IDENTIFYING CONNECTION OPPORTUNITIES! Pardon me Sir! I stand corrected! Bend2030 is on the EVER-INCREASING "CONNECTION" problem we've got going! Whew! What a relief.
Regarding the Mirror Pond Vision (these fuckers do a lot of VISIONING):
"Bend2030 is in discussion with stakeholders about facilitating community forums concerning Mirror Pond."
Ummmm. What? So the sum total of your PROGRESS with respect to the MIRROR POND VISION is that you have... talked.... to..... people.... about.... it. Ah ha.
With respect to The Green Print Plan (no, I do NOT know what The Green Print Plan is, as it is not defined ANYWHERE. But it has the word GREEN in it, so it must be wonderful):
"The need for a Green Print Plan was initially identified in the Bend 2030 Vision. Trust for Public Lands requested support from several partners including Bend2030 to make the plan a reality. TPL is close to raising the funds needed to support the plan."
Seriously, that's all there is. Green Print Plan is 100% undefined. But the fuckers did decide we needed it. And the PROGRESS made by Bend2030 is that SOMEONE ELSE has started asking THEM for money, and the other party has not yet achieved their fund raising goal.
OK, when someone asks me for a progress report of MY LIFE, I don't blow out a story about how the local Girl Scouts have STARTED SELLING ME FUCKING COOKIES, BUT THEY HAVE NOT YET ACHIEVED THEIR GOAL. OK, that is NOT an accomplishment.
OK, but enough soft-hearted BULLSHIT. The Bend2030 is Dead Fucking Serious, and has some MAJOR INVOLVEMENT in Real Community Issues, such as BAT & The Redmond Airport, Gat Damn It!
Regarding BAT Expansion:
"Bend2030 has approved a resolution in support of the November ballot measure."
Holy Shitballs! They've APPROVED A RESOLUTION! I think all readers should know the IMPORTANCE of this SEMINAL EVENT. I also approved a similar RESOLUTION when I was taking crap this morning. Believe me, that shit does not happen every morning. Sometimes I will go a week and only approve 3-4 resolutions when taking a dump.
Regarding Redmond Airport Expansion:
"Bend2030 continues to support construction on the Redmond Airport terminal expansion which is underway, and expected to be completed by 2010."
Whoa! They SUPPORT construction of the Redmond terminal! FUCK ME! So... the construction of the terminal is UNDERWAY. And Bend2030 CONTINUES to support this construction. Which is underway. It's already going.
Ummmm... I'm just curious what sort of "resources" Bend2030 has CONTRIBUTED to this vast effort of SUPPORTING THIS CONSTRUCTION? How many vast LEGIONS of people are TASKED with SUPPORTING this terminal expansion?
Funny, but this DOES NOT sound like PROGRESS to me. It sounds like a bunch of fuckwads patting themselves on the back for doing NOTHING. Here's how they describe themselves:
"Bend 2030 is made up of 18 very passionate and deeply committed volunteer board members who are dedicated community leaders representing a wide-spectrum of backgrounds and neighborhoods from the community."
"Passionate and committed"? Huh. "Wide spectrum of backgrounds and neighborhoods"? Really? OK. Let's name some board members:
Linda Johnson - Bend City Councilor
Peter Gramlich - Bend City Councilor
Erik King - Bend City Manager
Brian Shetterly - City of Bend Planning
Yeah. It's real fucking diverse. Like most of Bend organizations, Bend2030 is a taxpayer funded boondoggle-circle-jerk that does NOTHING except increase the INFLUENCE PEDDLING POWER of BOUGHT & PAID FOR WHORES of the local RE industry. That's all.
Yeah. It's DIVERSE. How many black motherfuckers are on Bend2030's Board? How many EAST SIIIIIEEEEEDERS? How many CITIZENS NOT in City or LOCAL GOVERNMENT? By my count? ONE.
"Diverse" to these fuckers means that they got BOUGHT by COAR AND COBA! Holy SHIT!
"WE LIKE BOTH KINDS OF MUSIC, COUNTRY AND WESTERN!"
And we have spent close to $1,000,000 on this. And what have we got?
Real kick ass FAQ's on VISIONING:
Q: What is community "visioning"?
A: Visioning is a planning process that can help a community create a shared vision for its future.
Q: What is a vision?
A: Think of a vision as a community's preferred "destination" - where it would like to be in the long-term future.
Fuck me. "What is a vision?". We've paid these fuckers a million dollars for answering THAT? We're dead. Here's my FUCKING QUESTION:
"Can you define, or go 2 fucking seconds, WITHOUT USING THE WORD "VISION", "VISIONING", or some derivation of THAT FUCKING WORD?"
So what did our recent election accomplish?
Well, we did manage to Throw The Bums Out. But they were replaced by Newer, More Fucked Up Bums. And these BUMS have, and will continue to work SOLELY for the local RE interests. Think WAIVED SDC CHARGES to "solve" the local "RE PROBLEM". These fuckers are SO MYOPIC, they can't even fathom a solution that does not DIRECTLY BENEFIT their PIMPS (ie HOLLERN).
Go to the Bend2030.com website. And just prepare to be amazed at the WASTE of it all. BIG WORDS. COMPLICATED "VISIONS". Lots' of PROGRESS.
Until you really start reading. And realize they have done NOTHING. Not a single fucking thing. So where is the MILLION DOLLARS? WHERE?
Right. Boondoggle. A bunch of back-slapper, old boy network, bought & paid for WHORES sucking the cock of local Real Estate. All paid for BY US.
671 comments:
«Oldest ‹Older 401 – 600 of 671 Newer› Newest»More offices empty as demand goes soft
Construction glut could take years to work through
By Jeff McDonald / The Bulletin
Published: November 13. 2008 4:00AM PST
The vacancy rate in Bend’s office market more than doubled from third quarter 2007 to third quarter 2008, to 17.1 percent — an amount of space that would take more than four years to lease at the current rental pace, according to a local survey.
The vacancy rate is the highest in at least 15 years, said Darren Powderly, a Bend-based broker for Compass Commercial Real Estate Services, which releases a quarterly survey of retail, office and industrial vacancy rates in Bend and industrial vacancy rates in Redmond.
The third-quarter vacancy rate amounted to 377,535 square feet of space available, according to Compass.
Locally, the spike in demand for office space that occurred during the boom years between 2004 and 2006 resulted in a glut of new office buildings that appeared on the market this year — just as demand levels waned with the economic downturn, Powderly said.
Compass began measuring commercial vacancy rates locally in 1993, Powderly said.
“We’re seeing a perfect storm of three things,” Powderly said. “There is a glut of new construction completed this year that was conceived from 2004 to 2006. There is a lack of available credit to finance growing companies. And there is a decrease in demand for office space due to companies going out of business and layoffs. We’re going to need some pretty serious job growth to absorb all this (office) space.”
Bend’s office market vacancy rose from 13.5 percent in the second quarter, while its industrial market vacancy dipped slightly from 12.1 percent in the second quarter to 12 percent in the third quarter, according to the data.
Vacancy in the city’s retail sector grew from 6.8 percent in the second quarter to 9.7 percent in the third quarter.
In Redmond, the addition of three new industrial buildings to the survey, including the 190,000-square-foot Redmond mill site on Antler Avenue, formerly home of Crown Pacific LP, helped the industrial vacancy rate rise from 23.1 percent in the second quarter to 31.2 percent in the third quarter, according to Compass.
Without the Redmond mill site, the city’s industrial vacancy rate would have been 26.4 percent, Powderly said.
The upside
The good news is very little building is planned for 2009, so vacancy rates are expected to flatten in Redmond and Bend, Powderly said.
“There’s very little reason to build anymore because there is excess capacity with every product type,” he said.
Additionally, higher vacancy rates will result in lower rents and incentives for many Bend and Redmond businesses, Powderly said.
The high office and industrial vacancy rates are an opportunity for some and a challenge for others.
“It is not a good situation for the investor, but for us, when companies are looking for a new community to relocate, 85 percent are looking for existing space,” said Roger Lee, executive director of Economic Development for Central Oregon, which works to recruit new businesses to the region and retain existing ones. “We are at a part of the business cycle where we (may) not reach a low point until 2010. But at the same time, we still have a whole variety of companies doing well.”
EDCO is actively recruiting companies from at least seven industries, including software and alternative energy, that could ultimately fill the glut of vacant office space, Lee said.
G5 Search Marketing, which sells a software platform that helps companies improve their visibility in Internet Web searches, is one company that could benefit from the office space supply. The company is looking for more space because it’s poised to have its strongest gross sales quarter since opening in 2004, and has doubled its number of employees this year, to 30, said CEO Dan Hobin.
“We have been trying to buy (a building) unsuccessfully for a while, and we’re waiting for sellers to get more realistic,” Hobin said. “We do need more space. Prices are coming down, and it is probably going to get worse before it gets better.”
Market risks
Owners are more willing to negotiate than they were in the boom times but still need lease terms to make financial sense, said Jordy Skovborg, managing member of JCIP Simpson LLC, which developed a building on Simpson Avenue in Bend.
Skovborg developed the 11,000-square-foot office building, at 1160 Simpson Ave., for a company that had financial problems and backed out of the lease, he said. A year later, the building stands empty and might stay that way during the economic downturn, he said.
“When you go into a real estate investment, you have to weigh the risks versus the reward and have to be prepared for this sort of thing to happen,” Skovborg said. “There are no guarantees of success.”
There are numerous approaches to entice new tenants, Skovborg said, including offering reduced rent in the short term that can be made up in the end.
“In the end, it has got to be a win-win,” he said.
Another building owner, Walt Ramage, the president of the development company that built Brookswood Meadow Plaza in southwest Bend, also isn’t worried about high vacancy rates.
The 50,000-square-foot building, which will be completed and ready for occupancy in December, has one signed tenant so far. Chanhassen, Minn.-based Snap Fitness, a franchiser of compact, 24/7 fitness centers in Canada and the United States, signed a lease for a 4,000-square-foot space in October, said Ramage, who also is a broker for the DuBois Wicklund Group, based in Bend.
Other prospective tenants include a neighborhood grocery store, dentists and laundromats, Ramage said. Interest has picked up in the past five weeks as businesses are looking to position themselves for when the market recovers and because the shopping center is one of the few commercially zoned properties in the area, he said.
“We’re taking steps right now to make that center successful by putting the right tenants in there,” Ramage said. “Now’s the time for businesses opening a second location to put themselves in the right position for when it starts to upswing again, because it is going to upswing.”
The vacancy rate in Bend’s office market more than doubled from third quarter 2007 to third quarter 2008, to 17.1 percent — an amount of space that would take more than four years to lease at the current rental pace, according to a local survey.
Given the Bulletin's rosy outlook on all things RE, you can bet your tight ass that this is a low-ball estimate.
We'll be at 10 YEARS SUPPLY in no time. Go look at Dunc's blog: There are STILL people drinking the Kool-Aid, losing 150% of their 401K's in Bend retail & office... and even with these lunatics, we've got 4+++ years supply.
The Bulletin FINALLY prints the official tally...
Cessna to cut 165 jobs at Bend factory
Cuts will be made with layoffs, buyouts
By Andrew Moore / The Bulletin
Published: November 13. 2008 4:00AM PST
advertisement:
Cessna Aircraft Co. announced Wednesday it will eliminate 165 jobs at its Bend factory, or more than a third of its work force, through either voluntary buyouts or layoffs. The cuts won’t take effect until January to comply with federal labor law.
I think Cessna will go the path of The City of Bend:
A Slow Bleed, where layoffs are announced month after month after month....
From KTVZ:
Cessna laying off 165 workers at Bend plane factory
Most in the know say by mid to late 2009, things should turn around and production for small planes will slowly pick back up.
Cessna is one of the biggest employers in Central Oregon, and it took an effort from the city to attract them here.
On the one hand, Roger Lee of Economic Development for Central Oregon says he's glad it's a layoff, rather than a closure. But he also stressed Wednesday that we need to bring in more big business to soften the blow.
"Juniper Ridge will play a significant role as will other industrial parks throughout the tri-county are in attracting employers," Lee said. "For Bend, it's very critical that that project gets online."
Oh thank God...
Notice the WHORING OUT OF ETHICS:
Most in the know...
Roger Lee of {EDCO}...
Yeah. That's Bend Media for ya. Roger Lee is "in the know". He's an EXPERT.
OK, no. He's a City Whore who's job is to bring corp's & jobs to Cent OR, that's it. I'm sure he's a great guy, and all that, but he is NOT IN THE KNOW. He's about as biased as they get.
When it's RE implosions, they interview Realtors.
When it's corporate layoffs, they interview EDCO.
If this town were executing Jews, they'd interview The Nazi's. Right? Nazi's are nice & neutral about the Jew Killing, right?
Fucking Bend Media WHORES.
Notice how Lee gets 10 Bend City Council WHORE POINTS for mentioning JR.
Only 25 WHORE POINTS left before he can run for City Council!
...Roger Lee of Economic Development for Central Oregon says he's glad it's a layoff
This is BEND, where it's ALL GOOD.
Fucking layoffs, COCC getting scaled back, doubling of vacancies..
IT'S ALL GOOD IN BEND, OREGON.
"...Adolph Hitler of The Nazi Party say's he glad it's Just Jews being cooked in the ovens..."
Cessna-Bend can't avoid economy's turbulence
Officials with Economic Development for Central Oregon (www.edforco.org) say a year ago, nobody could have predicted the severity of this downturn.
There you go. A 2-fer.
You will NEVER AGAIN read a local Bend Media piece, without getting a DOUBLE SHOT of:
1) "We're suffering just like everyone else."
2) "How could we have known this was going to happen?"
Every fucking piece. We "can't avoid" the national economic roiling.
WHY THE FUCK ARE THEY TELLING US THAT? Oh right, it's because FOR A GENERATION they've told us WE ARE DIFFERENT, WE ARE BETTER, WE ARE BEND.
"Who could have predicted...?"
Jeeez. The answer is, "ANYBODY WITH A FUCKING CLUE WHO ISN'T DROWNING IN THE BEND MEDIA KOOL-AID."
"Who could have predicted...". My God, I've never heard a phrase trotted out more often by local dumbfuck reporters in my life.
You won't find this sort of dumbshit reporting anywhere else ON EARTH. Like they're coddling & reassuring 4 year old MORONS.
But EDCO Business Development Manager Eric Strobel says it'll all bounce back.
"This is just more of a business decision that has to be made to be careful about what's coming up in the economy," Strobel said Tuesday. "After things adjust, I think Cessna and our manufacturing in general will be the first to come out of any type of economic downturn."
EDCO noted that over the past year, Cessna had hired about 100 additional assembly workers.
Oh yeah, this thing will bounce right back.
"First to come out..."? More fucking lies. Why the fuck do they think for 1 second that this will be the FIRST OUT of this depression? Not a single fact or reason given. Take our word for it...
Yeah, note EDCO mentions the VAST HIRING of UPPER MANAGEMENT BILLIONAIRES since Cessna took over....
No, of course not, these are ALL MINIMUM WAGE LIVE WITH YOUR MOMMA SHIT JOBS. Not a single new Cessna job was a living wage job, NOT ONE.
Note that we are taking a 34% employment haircut, while the Textron Mothership is only laying off 5%. Mark my words: Cessna, like Columbia before it, will ultimately be shuttered. It's because the HIGH DESERT IS A SHITTY PLACE FOR MANUFACTURING.
1) INANELY HIGH PRICES
2) TERRIBLE INFRASTRUCTURE
3) NO TRANSPORTATION OR ROADS
4) METH ADDICTED WORKFORCE
5) CITY "CORPORATE COCK-SUCKING" OVER DUE TO IMPENDING BK
Read the editorial page today. Life is great in Tetherow. No problems there, all is well. The Bull almost ruined their reputation of being the best in the world.
Yeah, the FIRST thing people do when a recession eases is go plop down $650K on a carbon fiber Cessna 400.
Most in the know say by mid to late 2009, things should turn around and production for small planes will slowly pick back up.
*
I'm in the 'know', I'm a pilot' The small plane market is around $100k, and those planes are now being made by Cessna in China.
The Columbia that Cessna bought is a mid-range market plane starting at around $500k, that was the market of folks that got $10M bonuses for xmas that said "I think I'll buy a turbo prop composite plane", ... nada the market is gone, and note the whole reason that Cessna (Textron) bought Columbia was to get into this market ( mid-range ), its gone for at least ten years. Composite is booming, but advances in small jet engines is very strong.
A low end plane in the Cessna line is the SkyCatcher for about $109K, made in China using a 1940's engine ( Lycoming IO-230 ), and 1940's technology, albeit with a modern $4k panel for instrumentation.
The average mortal that makes over $100k/yr with a partner might buy a $100K plane, ... Nobody can buy a $500k plane ( Columbia Line ) except small company's that want to have their own airline, or very RICH doctors, ... The columbia line is 2X of the average home.
Cessna may have been smarter to just stick with what they had the low-end ( $100k ) made in China, and the High end personal jet for $2M or more, that 'REAL rich people' BUY, and note there are lots of 'real rich people' out there.
Yes, the market for Planes will pick-up slowly, but NOT in the USA, the trend in the USA is to shut down civilian aviation courtesy of Bush-Cheney.
Yeah, the FIRST thing people do when a recession eases is go plop down $650K on a carbon fiber Cessna 400.
*
Cessna just had to have this market, as there was a void, they wanted the whole line, and when Columbia went BK they snapped.
I feel the same way, hell if your rich, spend a little more and get a personal jet from Cessna, why bother with an antique engine.
Jen-Weld has dozens of private planes, like their own air-force, so does PAPE.
In the last ten years many small company's were buying this stuff and writing it off, now that there is no cash-flow, all these toys got to go. So these small-time commercial pilots all get laid off, and tons of mid-range planes get dumped back on the market for penny's on the dollar.
My understanding is that India has a low-end plane for about $5k cost to manufacture. It's an exciting time with micro-turbine jet engines. With composite carbon-fiber technology I think your going to see India & China come out with some personal 'Jetson' type high-speed low cost aircraft. Most of this US technology is almost a 80 years old.
Then toss in the fact that Bush-Cheney is shutting down airspace everywhere, and don't assume that Obama will open it back up.
Let's be HONEST, I think BEND would be a great place to be on the cutting edge of Composite Micro-Jet planes, you got the guys down in Bakersfield doing this shit and flying into outer space.
On the other hand the best you can say about Bend is that individuals are putting together LANCAIR & EPIC kits for rich individuals which is illegal under the 51% rule. So actual aviation industry that Bend has is in crime.
What we need in Bend is someone like Bert Rutan to come up here, but they know something we don't? Like the fact that down there in Bakersfield, they can fly all year round, and in Bend its less than 1/2 the time. My point is perhaps BEND will NEVER be an aircraft research center!!!
Who would have guessed??
>> My point is perhaps BEND will NEVER be an aircraft research center!!!
Unless you're researching airframe performance known icing conditions ;)
My point is perhaps BEND will NEVER be an aircraft research center!!!
*
This is the essential Kluster-Fuck of Bend. That could probably fill a book.
Textbook wise, the USA or the world for that matter is full of worthless desert land, or Florida swampland.
Yet, how often does a perfect-storm converge to allow it to be SOLD & MARKETED like our BEND? Which became #1 in appreciation 2004->2006 in the nation!!!
What is Bend? It's still what it is, a had been mill-town, where the resources are GONE! What's left is/was people getting by, then post 1960's you had HOLLERN with a Cali MBA PR&MARKET and create with his black-butter ranch, and JD-GRAY with his sunriver gradually the area became a retirement mecca, and a place to take the kids from the valley during the summer.
Ok, fine move to 2008, we're still what we are second homes, and tourism, nada has fucking changed since HOLLERN put it all together in 1968. Forty fucking years and BEND is still what it is,
Last night I was read the cascade business mag, that listed the top high-tech companys in OREGON, curiously 'SUTERRA' not even on the list!!! The average was one-person companys, and nobody that produces anything I would consider interesting.
It's like BEND only attracts the bottom of the high-tech gene-pool, we're a magnet for losers.
Sure the CITY/COUNTY can dump a ton of cash on EDCO, but so what? They can spend money on CORA,COVA,COBA and build a ton of homes for what? The same thing happend in the 1980's in Palmdale, CALIF 1,000's of homes were built, they never came ( only 4 hr commute each way to LA ), and Hollywood ended up buying whole tracts to burn and make movies.
Bend is proof that PR&MARKETING has its limits. After forty years even GOD himself Lord Hollern of all of the tri-county region says "Bend is a town of non-real people, non-real jobs, and non-real children".
Yet, this week business week, nominated Bend as the best place in Oregon to raise a child. Why such a disconnect, why would you want to raise a child in a GIANT Step-ford Community??
After forty years, in spite of Billions of dollars of taxpayer PR&MARKETING BEND cannot keep any kind of jobs, other than PR&MARKETING jobs. Sure you can just keep building, and that in itself brings money. Today we have 5-30 years of housing inventory in tri-county central oregon, and 5-10 years of commercial inventory. Yet, they're going to build more.
The State of Oregon has NO plans to build MORE university's so Bend doesn't have a hope in hell of attracting a world-class university to do basic research, which is what created the bay-area high-tech.
The way I see this as a high-tech entrepreneur is that the people who run Bend, have had their head in the sand for forty years, and in order to keep your job, you had to agree with the party-line.
Today the City of Bend is bankrupt, the treasury is empty, only fraudulent accounting by BURA/JR keeps cash flowing to city-hall.
Hollern's empire now consists of 1,000's and 1,000's of unsold rotting STD's ( siberian tract developments ) all over tri-county ( jefferson,crook,deschutes ).
What is BEND?
Certainly a few people made money post 1998 when HOLLERN put together the latest 'Smart Growth' tribe and took over city-hall. Share the wealth a lot of developers came from the valley ( willamette ), and now they're all bankrupt.
My humble opinion is that given that nobody who controls this town knows anything about high-technology or basic science for that matter, this area will always be in the intellectual dark ages.
I'll go one step farther. The area is Republican, and by definition denying 'global warming' is just the tip of the iceberg. The RePUG's of the area deny all basic scientific thought. Thus there can never be real high-tech in the BEND area, because the rulers and majority don't believe in Physics, Chemistry, or Biology.
The one true god of Bend is easy-money. The goal is to put a crap-shack on a section of worthless land and sell it to a sucker.
Truly intelligent people, who create great new high-tech products, aren't going to live in the dark-ages.
Laslty, one more point I'll make. Most real entrepreneurs I know the like Bend, they come here to play. Everytime I ask them, "Why not start a business here", they respond "I don't want to work in Bend, when I'm here, I just want to play".
So there you have it our rulers are Neanderthals, and there will never be any good high-tech, and that which we have is people who couldn't make it in Calif, but can come to Bend, where anyone with a breath can sell your idea to city-hall and get tax exemptions and sdc deferrals.
The SOLUTION? OF course it would be to site a University where the OLD-MILL sits, and have hard science be the primary subject, then wait ten years and BEND would be a high-tech MECCA.
That said its not going to happen. State money is controlled by SALEM who are DEM, and hate the PUG's that run BEND, Salem will NEVER give BEND the money. Ergo Bend needs a patron.
Lord Hollern can't take his money with him, all the great colleges in Cali came about by rich men building them, if Lord Hollern Really cares about BEND, he would put all his wealth upon his death into a great UNIVERSITY of Bend.
It's never going to happen any other way.
My humble opinion is that given that nobody who controls this town knows anything about high-technology or basic science for that matter, this area will always be in the intellectual dark ages.
I'll go one step farther. The area is Republican, and by definition denying 'global warming' is just the tip of the iceberg. The RePUG's of the area deny all basic scientific thought. Thus there can never be real high-tech in the BEND area, because the rulers and majority don't believe in Physics, Chemistry, or Biology.
The one true god of Bend is easy-money. The goal is to put a crap-shack on a section of worthless land and sell it to a sucker.
Truly intelligent people, who create great new high-tech products, aren't going to live in the dark-ages.
On the restaurant front:
State of the Art Restaurant/Lounge For Sale - $195000 (Old Mill District, Bend)
We are interviewing candidates who have the desire, motivation, and resources to take over the operation of the best restaurant/lounge opportunity in Bend. Over $750,000 invested in equipment and tenant improvements. Available December 1st.
Is that Greg's Grill or Antony's?
--------------------------
Someone else on Craigslist posted that Blacksmith is closed. Can anyone confirm or deny? I'll drive by at lunch.
--------------------------
Village Grill is closed. Now open as some useless "Vegas style high end club." Yeah, that'll fucking work in this economy. Assbags.
Unless you're researching airframe performance known icing conditions ;) - quim
*
For folks that don't understand that quim is referring to, is that given the air is cold here, that most of the time you can't fly a plane, like in the movie 'ironman' ( you all saw it right? ), in this area you don't have to go very high, before your covered with ice, and you become a rock, and no longer a wing.
>>Someone else on Craigslist posted that Blacksmith is closed. Can anyone confirm or deny? I'll drive by at lunch.
Blacksmiths? Damn. I like those people. Was hoping it'd make it.
>>Truly intelligent people, who create great new high-tech products, aren't going to live in the dark-ages.
I happen to know something about this subject. There are a few high tech things here that are great. There have already been successful software startups that have sold off. And there will be more.
The tech community is strong, but it's all grass roots. Good people (mostly the women are the organizers). Yes, it's depressing to me how the official organizations are lame.
If we got rid of the realtor mindset in local gov't, and added just a few tech people, we'd be much better off. But what tech guy would want to hang with the local realtor creeps?
Notice that Marge stopped posting about exactly the same time that Friedman went into the hospital.
Does this mean.....?
I've met Marge. She's exactly how I pictured her.
I haven't stopped yet...M
. There have already been successful software startups that have sold off.
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That isn't great TT except for the owner.
To me the Microsoft model is 'great' build a company for 20+ years, and make 1,000's of people rich, now that is great,
For a diddly twat little sw to be bought out you never heard of is not great, and I can almost guess what game-sw company your referring to, I think that genre will get hit hard in the coming months, this is why best-buy, and circuit-city are bk.
If we got rid of the realtor mindset in local gov't, and added just a few tech people, we'd be much better off. But what tech guy would want to hang with the local realtor creeps?
*
Nobody, and virtually all the high-tech people have grad degrees, they're interesting and well read, why the fuck do they want to hang out with PUG's that make PALIN look intelligent. Most science people are not right-wing biggots, and that is what Bend is all about, sure they can live here, and bike, hike, ... but they don't go to council meetings, ...
Bend is fucked!!
Blacksmiths? Damn. I like those people. Was hoping it'd make it.
*
lately they had a monday 'service' happy-hour and even that was dead, ... if you can't give away food & alchohol in the town, then what is the point?
Taco Stand is still busy-busy!!
Pita-Shack, Bugger next door, ... no way, what about the bacon wrap sushi place DEEP how they doing??
I know happy-hour last night at Cascade was fucking DEAD, and I'm talking DEAD there weren't a dozen cars in the lot, and that is wednesday when they're giving out 20oz pints for $2.75.
How much of Bend food will last to xmas? Whats the point.
Folks can't go out, they can't pay the bills,
On the other hand WALMART is insane, get a flat of canned food for a BUCK, this is where they're at,..
Today ALL of BENDS beautiful REHO's are at WALMART buying canned beans and giving $1 head in the parking lot.
Want to see life in BEND?
Think WALMART, Want a real night-life, go up to Redmond Super Walmart for an evening out.
Want to know the truth about Bend, OREGON and aviation?? Read the following this just came in on my pilot av.
Cessna to layoff 650, sorry BULL, but its a bigger number than you let on.
It ain't just Cessna, the entire av biz is imploding, but hell what you expect, exotic toys financed by HELOC, and HELOC is gone.
***
ECLIPSE MISSES PAYROLL: TV REPORT
Albuquerque television station KOB is reporting that Eclipse Aviation failed to meet its payroll for the first two weeks of this month and that at least some employees have "emptied their desks and left." Eclipse public relations manager Alana McCarraher did not immediately respond to two voicemails and an email request for comment from AVweb. The station quotes unnamed Eclipse employees as saying the workers were called to a meeting early this morning and told they would not be receiving paychecks for the previous two weeks. It said employees "expressed anger, frustration and uncertainty before speeding out of the facility's parking lot." Today's events would appear to be the culmination of a what has amounted to a media death watch over the company in the past two weeks.
It was widely reported that Eclipse abruptly cancelled its appearance AOPA Expo last week and there has been speculation on the various blogs that monitor the company that the end was near. The company has publicly stated that it needs $200 to $300 million in capital to continue operating and that it was hopeful the money would be in place before the end of the year. There has been no announcement so far on the company's immediate plans.
Meanwhile, Cessna followed through on earlier warnings about layoffs at its manufacturing operations. Spokesman Doug Oliver said in a release on Wednesday that a total of 665 jobs will be lost at its Wichita and Bend, Oregon plants. The Independence, Kan. plant, which makes piston aircraft and the Mustang very light jet, is unaffected. About a third of the workforce in Bend is being laid off with 165 of 460 employees, who make the Cessna 350 and 400 high performance piston singles, getting notice. Five hundred people lost their jobs at the main Wichita plant, which employs about 12,000 people. Most of the layoffs take effect in January.
Below is the real scoop, hell why not take a month off? Not going to lose biz.
Bend Oregon Restaurants: Blacksmith Restaurant is Closing until Dec
Oct 25, 2007 ... BEND, OR (October 23, 2007) - The Blacksmith Restaurant will be closed for renovations Sunday, October 28th through December 1st. ...
ECLIPSE MISSES PAYROLL: TV REPORT
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Your going to see a lot of 'small plane' company's missing payroll, and the smart ones will cut the costs early, you can't borrow for payroll, and most these company's are already in debt to their nose.
f we got rid of the realtor mindset in local gov't, and added just a few tech people, we'd be much better off. But what tech guy would want to hang with the local realtor creeps?
*
Do you all remember the 'animal house' and the FRAT Guys&Girls and what bores they were.
This is what Bend city-hall is like, who the fuck wants to be even near these fuck-heads?
Hollern has filled city-hall with empty shells, and now that Friedman is gone, and Johnson out, nobody is going to be able to teach them tricky-dicky accounting, the city just bought a lawyer for $400k/yr, I'll bet you they buy a CPA and quick.
Friedman is how they have been making payroll for months, with his clever manipulation of JR-BURA loans.
The City can't borrow for payroll, but they can borrow for 'projects', the secret is shuffle the borrowed money for JR-BURA back into the general fund, how long can it go on?? Well the JR-BURA fund is growing at 240%/YR, and there is nothing to show, except that Bend ain't bankrupt.
Trouble is when JR-BURA was created a rule was that it couldn't bankrupt BEND!! But that rule "principal" is BULLSHIT in a town that has NO principals.
HOMER said recently that the city is $4.3M short, imagine that, that is exactly what the Suterra JR infrastructure is going to cost.
Below is the real scoop, hell why not take a month off? Not going to lose biz.
Bend Oregon Restaurants: Blacksmith Restaurant is Closing until Dec
Oct 25, 2007 ... BEND, OR (October 23, 2007) - The Blacksmith Restaurant will be closed for renovations Sunday, October 28th through December 1st. ...
That was last year's attempt to save themselves.
It's all going to Russia, so why not quit paying your employees here now?
ALBUQUERQUE, NM - September 23, 2008 - Today Eclipse Aviation®, manufacturer of the world's first very light jet (VLJ), announced that the Russian State Bank Vnesheconombank (VEB) Supervisory Board, chaired by Russian Prime Minister Vladimir Putin, has approved the construction of a factory in Ulyanovsk, Russia to assemble the Eclipse 500 Jet®.
For Cessna, its all going to China, ... there are good reasons,
The future rich people are Russians, Chinese, and Indians, you want that market.
Bend, where the fuck is Bend?
The 'Eclipse' is fascinating, cuz they make VLJ ( very light jet ), which is the hottest thing in the world right now, and they can't even pay their payroll.
Imagine HOW fucked that Cessna is?
Did I notice that Duncan posted today? Isn't this like the first time in 2 months?
Welcome back!
The whole gang is here, including "M". "M", you see, is the boss of James Bond. She lives in England and is no pushover when Bond comes in, flirting with Ms. Moneypenny. Repeat, "M" is NOT a realtor. "M" is the lady in the Bond films. Sometimes played by Judy Dench.
Yes, that's it -- I picture the new "M" as Judy Dench.
Nice British accent.
That was last year's attempt to save themselves.
*
Good point, so let's verify this, and get a confirm.
The 'close' worked last year, why not try again? But I do agree, I should have toggled on the 'renovation', as there is not much left for them to do, I mean how many fucking times have they remodeled that place?
Want to lose a lot of money in Bend? Open a restaurant.
Well the JR-BURA fund is growing at 240%/YR, and there is nothing to show, except that Bend ain't bankrupt.
*
I'm sorry, DEBT, well its a FUND alright, cuz we got an open-line of credit from Bank of America for JR, but the total DEBT is growing, ...
Last year it was $10M, this cycle $24M (240%) I haven't seen 2009-2010 yet. How much land have they sold? ( and remember suterra may ask for their money back )
$5M total land sales to date, and $24M down the rat hole, ... great business model.
The most recent line-of-credit issued this year was $6M though BofA.
Better hope the city can pay interest on all these loans.
Down in Cali where city's are going BK cuz they're about 1 yr ahead of us, the first thing they do is fuck fire&cops. The last thing they do is cut $300k/yr city-manager salary, ...
First thing Bend should do is cut non-essential city staff, and quick.
We are interviewing candidates who have the desire, motivation, and resources to take over the operation of the best restaurant/lounge opportunity in Bend. Over $750,000 invested in equipment and tenant improvements.
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Not bad $800k of equip for $195k, Bend is a place where you can get a deal.
We have always said that the OLD-MILL is a ghost town, that's why when its empty, I want to see it become a UNIVERSITY.
EVEN THE REI in the old-mill is on the edge of closing.
bend in the news, local man pregnant again:
http://abcnews.go.com/Health/story?id=6244878&page=1
>>EVEN THE REI in the old-mill is on the edge of closing.
Really? That place was packed when it first opened. Then I kinda forgot it was there.
>> the first thing they do is fuck fire&cops
The main reason for this is saber rattling. They hit the populace where it hurts first....THEN cut the fat if they can't get a local tax hike passed.
Standard line when municipalities run short of pork cash, we're letting all the prisoners out of jail and your house will burn to the ground because we can't afford to pay the cops/firemen.
These are the last folks that should be cut!
Bloomberg suing Fed to find out who’s getting the bailout cash
by Mitchell Hall | Wednesday November 12 2008 - 02:47pm
Bloomberg tower photo: Markus Poessel Financial news organisation Bloomberg has requested the details of who the US Federal Reserve is lending its trillion dollar bailout cash to under the Freedom of Information Act, as well as suing the Fed in a bid to force disclosure.
While Fed chairman Ben Bernanke and Treasury Secretary Hank Paulson said in September they’d comply with congressional demands for transparency, to date they have refused to name a single company to receive some of the trillion dollars they have dispersed thus far.
Federal Reserve spokeswoman Michelle Smith wouldn’t comment to Bloomberg on the lawsuit or the loans.
“The collateral is not being adequately disclosed, and that's a big problem. In a liquid market, this wouldn't matter, but we're not. The market is very nervous and very thin”, vice chairman of Loomis Sayles & Co. Dan Fuss told Bloomberg.
Bloomberg argues the Fed's lending is significant because it stepped into a rescue role that was also the purpose of the $700 billion Troubled Asset Relief Program, or TARP, bailout plan – but without safeguards put into the TARP legislation by Congress.
Bloomberg reports total Fed lending topped $2 trillion for the first time last week and has risen by 140%, or $1.172 trillion, in the seven weeks since Fed governors relaxed the collateral standards on September 14.
The difference includes a $788 billion increase in loans to banks through the Fed and $474 billion in other lending, mostly through the central bank's purchase of Fannie Mae and Freddie Mac bonds.
New Zealand’s annual GDP is roughly $US120 billion.
The reason for the lack of transparency appears to be Wall St Banks, who oppose releasing information because it might signal weakness and spur a run by depositors or short-selling.
Citigroup, Bank of America Corp., JPMorgan Chase, Wells Fargo & Co., Goldman Sachs Group Inc. and Morgan Stanley – America’s biggest banks – would not comment on whether they have borrowed from the Fed.
The Bloomberg lawsuit is Bloomberg LP v. Board of Governors of the Federal Reserve System, U.S. District Court, Southern District of New York (Manhattan).
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Swindled
Where are the upset millions of citizens, watching our treasure be plundered?
reply report this Posted by bryan whelan (not verified) at 06:02 pm on November 13, 2008rediculous
the bailout is just another manufactured way to
How to vote NO on the GM, Ford and Chrysler Bailout
November 12, 2008 · 4 Comments
GM is mounting a campaign to save itself after years of self-neglect. Even Thomas Friedman of the New York Times thinks protecting the current company and management is a bad idea.
GM has set up a number to have your voice heard. Granted they want you to call and profess support but you can also call this number to say “NO!” to bailing out inefficent companies that have had ample time to fix it themselves (35 years since this problem happened once before).
Simply call 1-866-927-2233, enter your zip code and you will be able to connect with your representatives (Senate and House). When you are connected say:
“I DO NOT support any bailout of General Motors (or Ford or Chrysler) and feel that, in the long run, the country will be better positioned if the current companies are left to make the hard-choices that will make them competitive in the future.”
Checked out the Inn of the 7th court records today. Seems that they "settled", but it is showing the status as on appeal, so couldn't really figure out what was going on over lunch.
The settlement put three of the dissidents on the board, with no more fighting over the election last Decmember; set up an arbitration process to determine what the actual upgrades and fees to be imposed to pay for them will be; and spanked the AOU and their insurance company for several hundred thousand to pay attorney's fees.
Looks like the AOU/Pape/Friedman backed down in the end.
Couldn't find out the status of arbitration. I'll do some more poking around during lunch next Tuesday.
Re: Where are the upset millions of citizens, watching our treasure be plundered?
Worrying about paying the mortgage/rent and putting food on the table.
BushCo is going to try to clean the table of everything they can on the way out. Paulson's flailing around as hard as McCain was. Bloomie: Paulson Credibility Takes Hit With Rescue-Plan Shift (Update2)
The Masters of the Univers have well and truly fucked themselves this time, again, but, again, it won't be them that pays.
It will be us.
Reporter Digs Up Obama Cabinet Facebook Data
[ Who would have guessed Gay Men that like Musak, there is starting to be a trend here. Could Obama really be a closet queer? Are the children really his?? ]
When Josh Gotbaum--a Clinton crony and long-time investment banker--was named by the Obama team to lead the Treasury Department review, Washington Times White House correspondent Christina Bellantoni started digging.
As would be expected, she checked out his official bio, which details a career involving investment banking and something called "restructurings and management turnaround." Which seemed slighty evasive.
Unsatisfied, she checked out his Facebook page. And then the sparks began to fly.
First off, Mr. Gotbaum has a mustache and at least one loud shirt (see above right). Second, among his interests he lists "fixing organizations, business, government, politics and singing." Third, his favorite music is "rock & roll, musical comedy and cabaret." Caba-who?
But, that's not all. According to Ms. Bellantoni, Mr. Gotbaum "has two friends named Larry." One of them, American economist Larry Summers, could be tapped for Treasury Secretary, she figures. Then again, the other one--Josh Gotbaum's childhood buddy, online Texas hold'em champ Larry D. Hesselgesser of Tallahassee--could also get the Treasury gig.
But this is serious. Ms. Bellantoni also unearthed the Facebook page of Tom Wheeler, a member of the Obama-Biden Transition Project Agency Review Working Group and a lover of "Civil War history and the history of transformational technologies and Broadway musicals." Are we noticing a pattern here?
I mean, what is the world coming to when two potential cabinet members might possibly have the original cast recording of "Sunday in the Park With George" on their iPods?
Only time will tell.
Looks like the AOU/Pape/Friedman backed down in the end.
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BP, I don't know if you remember but two of the HOA owners were retired federal prosecutors from Chicago. They were mad as hell at Pape & Friedman. I really think this had a lot of do with the pain in Friedmans back, he had a hard year playing ball for Pape, and then they both drop dead?
Well it is Bend.
These are the last folks that should be cut!
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You don't have to look far down in Cali there are many BK City's going down, and the trend is all the same, cutting cop & fire pay, firing employees, renegging on pension, but the city managers keep getting their $300K.
Like our own city-manager here, to keep someone around like Eric? & Sonia who can line to bruce-pussy, is fucking cruel, and that kind of tenacity, requires $300k to the very end ( of Bend that is ).
Hell yes, if cop & fire are reading this shit or Marge, its a wakeup call your about to be fucked and hard.
BULL & SORE will say... Nobody saw it coming.
BofA ain't going to be putting up with the way their Line-of-Credit for JR-BURA is being used as a boss-hogg life-line.
If SUTERRA asks for their $3.2M back for the land, it could be the straw that breaks the camels back.
Still no confirm on 'blacksmith' their website calendar shows out for months, but everybody knows that this winter will be slow.
Why post a shitty rumor on craigslist?
I'll ask some servers I know that work there about the rumor, and verify.
BRUCE the other night at the BURA-JR meeting, monday night when HOLLERN & Mr Compass were there, did they make them leave for exec-session or just you??
BP,
Paulson never had any credibility to take a HIT.
The SHRUB put the man who has stole more than anyone else on wall-st, in charge.
Great idea sort of like the Surge idea, that an infinite money tree, and it might have worked.
So fucking 'BEND'.
RE: did they make them leave for exec-session or just you??
They all left at the end of the RE marketing discussion. Then Angie of Pacific Power went over that clusterfuck, and then the Suterra subject was started. They went over architectural review of Suterra, how they were planning on doing it, and then kicked us out as the meat, i.e. proof of financing issues, started.
I really think that the John and Jerry shows "manages" the knowledge provided, both to the Council and JRMB.
Really? That place was packed when it first opened. Then I kinda forgot it was there.
*
I go there once a week for odd's and end's.
Killer deals they got Keens that cost $120 this summer on for $30, they got top of line laptop back-packs that were $100 on for $20, but that is not the point.
The point is every time I go there, the staff tell me they're the only one on the floor, they have been cut back to bare min, they're counting on the xmas RUSH, if it doesn't come the place is getting mothballed.
That said, its nice to have an REI in BEND, I special order stuff and have it delivered for free, but on the other hand BEND has a 1,000 fucking bike shops, mtn shops, ski shops, and who the fuck goes to the old-mill??
They should have put the fucking place near Simpson & 14th, so you can catch everyone going up to the MTN. REI in town is for the tourists, and the tourists are heading up the MTN from Deschutes Brew pub to Mt-B or Phils, NOBODY even fucking knows what the OLD-MILL is or cares, and trying to park or find your way around there?? That's why I always park the other side of the foot bridge over by les-schwab.
The old mill is like a maze, well I just don't drive cars there, but I don't mind riding my bike there and giving the finger to all the diners.
The location fucking SUCKS, when I go there I park at Les Schwab, and walk a mile just to get to the door. That's if I have to pick something up, 99% of the time I ride a bike there, mostly just to check the tables for sales.
I'll not miss the REI, had shopped for 20+ years at an REI, but started going there when they opened for the 'sales'.
. They went over architectural review of Suterra, how they were planning on doing it, and then kicked us out as the meat, i.e. proof of financing issues, started.
[ BP, you really got to start leaving a bug somewhere in there, and record outside. These days you can the little disposable ones that transmit 90mhz for cheap. ]
I really think that the John and Jerry shows "manages" the knowledge provided, both to the Council and JRMB.
[ What the fuck does that mean, please be explanatory and not talk in code. ]
One last point ALL aspects of JR-BURA are supposed be OPEN, sure they can do real estate in Exec-Sess, but that phase is now over they cannot do the finance planning in secret, you got to start putting your foot down.
I don't know if you remember but two of the HOA owners were retired federal prosecutors from Chicago. They were mad as hell at Pape & Friedman.
*
I remember when this was going down last year and the HOA-owners were pissed, and they had these prosecutors retired who were also HOA folks who had been fucked, and they said that PAPE&Friedman were like real poor bad actors in the Chicago crime scene.
Everyone wanted to take this to criminal court, and put Friedman away. Friedman should have recused himself, one of the primary goals early on was firing his ass, but then when he appointed himself to count the ballots, and made that process secret to only himself, folks just want fucking crazy. You got to admit, Friedman wasn't just do HOA fee managment, he was running INN@7thMTN the way he ran Bend CITY COUNCIL.
The trouble is Friedman didn't have the BEND good old boss-hogg enforcers to back him up. He was going up against some of the richest Jewish developers in PDX. #1 boors is just a poor doctor, but waxman is pdx city planning commission and comes from one of the most elite jewish familys in PDX, and that means the best law-firms in Oregon.
High noon at the OK corral, it was Friedman at finest, and he fucked with the wrong people.
The sick thing is this is how they had been running the show for years around Bend in their collecting HOA monthly fee's and managing them.
Lastly, note that in the end in the settlement Friedman got to stay on, just like the city of bend, even after mayor he stayed on as city-council, you got to admit he never quit.
Re: WTF
That John and Jerry parse information out in a way that will lead to the outcome they desire.
Re: putting your foot down
Come and help me. It's like 20-1 in there.
Like Gina said when we got booted: they really seem to know who you are....
Of course they do. I'm the only one making a stink about Exec Sessions.
Calculate Risk
BP,
I know all about exec-session, years ago I got arrested because I wouldn't leave.
I'm just to old to have my arms hand-cuffed and to be thrown around by the cops.
The trouble is this is what you have to challenge them, and then once it goes to court, you just remind the judge that it was an open meeting under Oregon State laws, and then they throw it out.
It got so bad they had to hire a private security firm because the cops wouldn't come anymore, cuz the cops knew it was bullshit.
They're making you leave because your going along with their program,
I'm too old to get hit in the head by cops anymore, your not going to get kids to stand up BP, unless you yourself standup, and by kids I mean people under 40.
Come and help me. It's like 20-1 in there.
*
I know last time I was raising a stink it was 100 to 1, the odds in Bend have never been good.
But now that all the easy money is gone, most people are too tired to fight, thus NOW is the best time ever to TEACH THE BASTARDS to follow the law.
It's NOT going to come from complaints, its going to come from Thoreau, Ghandi, ... type civil disobedience.
Forcing them to remove a citizen puts them in the bad light, once they realize that every time they go into exec, that they have to fight, they'll quit doing it.
Thursday, November 13, 2008
Office Vacancy Rate Doubles in Bend, Oregon
by CalculatedRisk on 11/13/2008 07:09:00 PM
This is a story that is playing out everywhere ...
Office Industrial Vacancy Rate Bend, Oregon
Click on graph for larger image in new window.
Credit: Greg Cross, The Bulletin.
This graph from The Bulletin shows the office and industrial vacancy rates in Bend, Oregon. The office vacancy rate has doubled from last year and has almost tripled from the low in Q1 2007.
From Jeff McDonald at The Bulletin: More offices empty as demand goes soft
The vacancy rate in Bend’s office market more than doubled from third quarter 2007 to third quarter 2008, to 17.1 percent ... The vacancy rate is the highest in at least 15 years, said Darren Powderly, a Bend-based broker for Compass Commercial Real Estate Services ...
[T]he spike in demand for office space that occurred during the boom years between 2004 and 2006 resulted in a glut of new office buildings that appeared on the market this year — just as demand levels waned with the economic downturn ...
The good news is very little building is planned for 2009, so vacancy rates are expected to flatten in Redmond and Bend, Powderly said.
This happened in many places across the country - demand for offices increased with the housing bubble, developers responded by building new office buildings (and industrial buildings, malls and hotels) and now demand is waning just as the new buildings are coming on line.
The "good news" in the article is that "little building is planned for 2009". That is also happening everywhere, and while less building might be good news for building owners, it also means a significant decline in non-residential investment in 2009.
Contest "Beat the carpocapsa"
This is quite interesting, down in Argentina Suterra is running their own Sesame Street for kids educating them about caterpillars and sex.
You can use google-translate to translate the spanish to english.
http://news.google.com/news/url?sa=t&ct=us/2-0&fp=491c1eb0070dbe74&ei=KNccSdDbGIP4lQTIzPHZAw&url=http%3A//www.adnrionegro.com.ar/index.php%3Foption%3Dcom_content%26task%3Dview%26id%3D9543%26Itemid%3D1&cid=1254810541&usg=AFQjCNEbGsS-4v8lotFzsj2DZsh-fCluVg
You can also find this if you google news 'suterra'.
I think it was quim or marge just a few days ago that said that soon Suterra will be using puppets to sell there wares here in Bend, ... well its already being done elsewhere, the puppet show has already begun.
Re: Where are the upset millions of citizens, watching our treasure be plundered?
bRUCE YOU DID NOT ANSWER THE QUESTION You just added people are worried about putting food on the table. Yes that is true but we do have a voice and should voice our opinion. Do you bruce think that we as a people should watch our treasure be plundered?
Re: Forcing them to remove a citizen puts them in the bad light,
Forcing them to remove 10 makes it ridiculous.
Forcing them to remove one, makes them look rediculous, but first one has to make a stand, and BP, you have never made a stand.
Other's will follow, you need to build, who is this gina? Will she stand by you, certainly you have met others, or does everyone left & right hate you?
New report today from SF-CALIF on Suterra poisoning. It's a CYA report to cover Cali Governor from lawsuits, but note, anger rages on. Justice is slow, but this will be the biggest lawsuit in Cali history.
Aerial pesticide spraying put people at risk
Mike Lynberg
Thursday, November 13, 2008
San Francisco Chronical
The state's long-awaited report on the human health risks of aerial pesticide spraying for the light brown apple moth was released last week. The report says what thousands of outraged people from Monterey to Marin County had feared: the product sprayed put some people at risk.
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Open Forum
* Parks are our backyard 11.13.08
* Aerial pesticide spraying put people at risk 11.13.08
* The new president's dilemma 11.12.08
* The law of unintended consequences 11.12.08
More Open Forum »
"We cannot exclude the possibility that one or more ingredients in the LBAM product could cause an allergic response in sensitive individuals," reads the report, issued by the Department of Pesticide Regulation, the Office of Environmental Health Hazard Assessment, and the Department of Public Health.
The report acknowledges that some of the ailments suffered by people in the Monterey and Santa Cruz areas - namely asthma and reactive airway disease - "may be associated with exposure to a sensitizer or allergen."
Furthermore, the report says the product sprayed last year on densely populated Central Coast neighborhoods caused white blood cells to multiply at an "abnormally high rate" in the lymph nodes of the test animals.
Nonetheless, state Secretary A. G. Kawamura of the California Department of Food and Agriculture continues to say in a press release, "This study was important to reassure Californians that we always have public safety in mind."
Actually, the study does quite the opposite.
It reveals that aerial spraying, which was ended in residential areas in June because of widespread public protests, could have jeopardized people's health. It demonstrates that the CDFA did not really know the consequences of its actions, and that Secretary Kawamura's promises have been based more on wishes than science.
Late last year, an 11-month-old boy was admitted to the hospital and nearly died immediately after his Monterey neighborhood was aerial sprayed. The doctors' diagnosis: reactive airway disease. Now the boy, who was healthy before the spraying, has asthma.
The boy was one of hundreds of people made sick in the Monterey and Santa Cruz areas when their neighborhoods were essentially crop-dusted with a synthetic pheromone mixture. Seventy-four doctors filed pesticide illness reports. Several people ended up in emergency rooms.
There is more in the new report to validate the outrage many people felt about aerial spraying. State agencies now say there is a "paucity of data" on long-term exposure to the pesticides. Lab animals were tested for very short periods of time, whereas people in the Monterey and Santa Cruz areas were exposed to chemicals that persisted in the air for 30 to 60 days.
The report also admits that laboratory tests on a small number of animals might not be an adequate predictor of human health effects when large numbers of people - with different levels of sensitivity - are exposed to a pesticide.
Finally, the state's report acknowledges that officials grossly underestimated the number of microparticles in the spray, those small enough to reach a person's deep lung tissue and enter the bloodstream. The American Lung Association cautions that such particulate matter is dangerous to human health.
Although it erodes the agency's credibility, Secretary Kawamura and other CDFA officials continue to say the aerial spraying was harmless. Now they are promising that other LBAM eradication tactics will be safe, including the many pheromone-laced twist ties they plan to hang in residential neighborhoods all over Northern and Central California.
Recent information on the moth eradication program makes clear what many people have suspected: The CDFA's program has been a grand - or grave - experiment on the people's health without their informed consent.
Mike Lynberg, an author and communication consultant in Pacific Grove, collected hundreds of illness complaints after aerial spraying on the Central Coast, and forwarded them to state agencies, elected officials and the press.
bRUCE YOU DID NOT ANSWER THE QUESTION You just added people are worried about putting food on the table. Yes that is true but we do have a voice and should voice our opinion. Do you bruce think that we as a people should watch our treasure be plundered?
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Bruce long ago established that he doesn't care WHO,WHAT,WHEN, or WHY.
Bruce just posts stuff that is anti-gw, I just hope to god in a few months it ends, cuz 'W' is over pussy, we're only going to be talking about the PREZ, and so far, it don't look good.
So far he's got ZIONIST RAHMBO for staff-chief, and this week a bunch of girly-boyz, and let me add you folks can google this the lesbo-femi's are pissed, so far OREO hasn't appointed a fucking woman to anything.
Lastly there is an excellent point today about OREO, had we just wanted a CLINTON staff we would have voted for HRC, HOW FUCKING TRUE.
Now wrt to the pillaging of the treasury, BP being a loyal DEM stands by his men.
On that NOTE today is BIG, PUG's have SAID they WILL NOT BAIL OUT AUTO, now if the DEM's want to bailout auto they be fucked, its estimated to be $250B to cover AUTO DEBT, and even then they'll still go BK, cuz they can't compete. So let's say the DEM's spend $250B on AUTO, in two years the PUG's make this an issue and DEM's are OUT!
WRT to theft, think global, act local people, you want to STOP the theft of BEND first, they're robbing this town, stand up for the pussy and end exec-session, and end the robbery of BEND. Then start fucking worrying about NATIONAL.
WRT to theft, think global, act local people, you want to STOP the theft of BEND first, they're robbing this town, stand up for the pussy and end exec-session, and end the robbery of BEND. Then start fucking worrying about NATIONAL.
Lastly there is an excellent point today about OREO, had we just wanted a CLINTON staff we would have voted for HRC, HOW FUCKING TRUE.
imagine that! lbam-f (suterra) is toxic, who would have guessed?
Analysis of six pack studies of LBAM-F
by John Thielking
11-13-08
I finally got hold of the actual six pack studies that were done to test the LBAM-F to see if it is toxic. The studies also include the testing of the other substances that might be used, but I have not read those yet.
The complete set of studies can be downloaded by surfing to
ftp://pestreg.cdpr.ca.gov/pub/outgoing/lbam/ .
Right click and “save link as” to download each document. No ftp program is required.
After reviewing just the studies that look at LBAM-F, it appears that there is cause for concern revealed in some of the studies. Although the LD50 or LC50 threshold was not reached at any of the dose levels in any of the studies, there are plenty of observable effects including discolorations of lungs, livers and spleens in the test animals. One animal in a set of 10 test animals died in the Acute Dermal Toxicity study. Dissecting the animal revealed that the animal had discolored lungs, spleen and liver. This raises a red flag and underlines the need to establish long term No Observed Effect Levels (NOEL) and Lowest Observed Effect Levels (LOEL) for the substances being tested. Establishing NOEL and LOEL numbers will make it possible to calculate 8 hour worker exposure or Threshold Limit Values (TLV’s) and one hour general population exposure or Temporary Emergency Exposure Limit Values (TEEL’s) with a fair degree of accuracy. Contrary to popular opinion in the anti-LBAM spray circles, the six-pack tests did in fact test the complete formulation of LBAM-F, not just the fake pheromone. However it should be noted that the so called "complete formula" probably does not include any additional surfactant that was probably added on board the aircraft just before the spraying actually occurred over Santa Cruz and Monterey.
In more detail, here are my reviews of the six-pack studies that looked at LBAM-F.
Acute Eye Irritation Study
LBAM-F was minimally irritating for less than 24 hours. Three rabbits were tested with one eye treated in each rabbit.
Acute Oral Toxicity Study
Three female albino rats were dosed at 5000mg/kg. No abnormalities were seen after 14 days in either weight gain or upon dissection.
Acute Dermal Toxicity Study In Rats
5 male and 5 female Rats were dosed at 5050mg/kg. One male rat died after 1 day. Upon dissection this rat showed discolored lungs, liver and spleen. The other rats survived until the end of the study (day 14). None of the other rats showed discolored organs.
Acute Inhalation Toxicity Study In Rats
Five male and five female albino rats were exposed for 4 hours to an aerosol of 2.2 mg/liter of LBAM-F. Dissection revealed discolored lungs and/or liver in five animals. These anomalous results were not summarized in a table or otherwise detailed further. 50% of the microcapsules were measured to be 2.4 microns or smaller.
Acute Dermal Irritation Study In Rabbits
Three albino rabbits, one male, two female had LBAM-F placed for 4 hours in contact with their skin. Two of the rabbits (1 male, 1 female) exhibited barely perceptible Erythema type reactions at 1 hour and 24 hours after removal of the LBAM-F irritant. Primary Irritation Index was assigned a value of 0.3 out of a possible 8.0. Total observation period: 72 hours. The toxicity category was assigned based only on the observations made at 72 hours (no results). Assigned Toxicity Category IV.
Skin Sensitization Study In Mice
There were three test groups of five female mice, plus two control groups of five female mice (positive controls and vehicle controls). Stimulation index >3 in two groups of test animals, with the third group testing at 2.8, using 100% undiluted, 50% and 25% LBAM-F in propylene glycol. Only after analyzing the lymph nodes for trace radioactivity from the radioactive tracer were any results obtained. The visual observations showed no results (animals ears not irritated by application of LBAM-F).
Skin Sensitization Study In Guinea Pigs
15 male and 15 female short haired albino guinea pigs assigned to group 1 (control) 5 per sex or group 2 (test) 10 per sex. They were given 3 treatments each over a 15 day period where the animals were exposed for 6 hours each time. After a two week rest period, the test group was administered another dose at a virgin test site to see if skin sensitization had occurred. The authors reported no results. All of the animals gained a lot of weight during the study. Their weight went from about 350 grams to 550 grams in only 30 days. Skin reactions were elevated in the test group compared to the control group (0.4 vs 0.1) but this is not significant?
Conclusion: There just were not enough animals used in these studies for long enough periods of time to really rule out the possibility that LBAM-F is toxic. What little data there is indicates serious problems with LBAM-F. The fact that the Acute Oral Toxicity Study showed no results while the Acute Dermal Toxicity Study had one rat die clearly indicates the shortcomings regarding the number of test animals used in even these minimal studies. Of course the best solution for both humans and animals would be to reclassify the LBAM so that none of these tests would be needed.
>>>imagine that! lbam-f (suterra) is toxic, who would have guessed?
Ok...this is just a bit too much. Obviously your understanding of science and toxicity is not your strength. You read toxic and instantly you think poison. That's cool. You do understand that anything in this world is essentially toxic given the dosage. People die of water all the time.
I'm willing to go so far as to take the bet that "this will be the biggest lawsuit in Cali history". Wanna go the traditional Super Burrito?
The first thing I'm going to do as co-counsel for the State of California is pull data for the normal rate of asthma, then I'll have the American Lung association get on the stand and testify the size of dust particles that reach the lungs. Then I'll show LABM is a frickin pheromone with a bonding agent (the dreaded isocyante that gets tossed about as "bad" yet is a common in way too many household products to list) and water. It's not really "toxic" in terms of poison. It's more the size of the particle that is inhaled. In essence if you go into your bathroom and spray Fabreeze and inhale then you are getting WAY more "toxic poison" in your being than the LBAM spraying.
Media works the same way with this crap as it does with the Bulletin pumping RE (opposite sides of the same coin, of course the Bulletin wants nothing to do with this). They latch onto some not real truths (prices always go up), toss out scarey words like toxic (you will be priced out forever) and then run with the crap until all the nutjobs are worked into a koolaid lather.
ps. the reason for such a small sample of the animals is this shit is non toxic and the government requires them to do this bare minimum.
RE: or does everyone left & right hate you?
Just as much as you do ;)
Re:Bruce long ago established that he doesn't care WHO,WHAT,WHEN, or WHY.
...
Hey, you fucking asshole, why don't you simply SHOW UP.
Because you are yet another scared ANONYMOUSE that will fucking rant and rave and DO NOTHING.
I'm really fucking getting tired of this story. It' total fucking bullshit.
Does anyone here actually fucking give a shit about where you live?
>>>Because you are yet another scared ANONYMOUSE that will fucking rant and rave and DO NOTHING.
Bruce, my theory is Hank is at every fucking meeting you mention. My guess is he really CAN'T at this point. But damn has he tried to get you to get the ball rolling. He has shown he knows way to much to not be involved. Just a theory.
Sorry,, I get a little annoyed at times....
It's easy to sit back at your keyboard, folks.
Please consider actually standing up in a public meeting. It's far more effective.
LB, I'm curious...
I know what you mean. I get that feeling as well sometimes.
>>>LB, I'm curious...
I read the comments that are fucking with you from 40,000 ft and it's pretty easy to tell the difference between Mike, Buster and Hank. Hank knows way too much shit about the process not to be involved. Buster thinks you ain't from here and Mike just loves to fuck with you. And I think there are several Mike's, a couple Busters and one Hank.
Hank is the one I want to talk to, offline.
I wish he would show himself.
Confidential is possible. I just gave it to one of the JRMB members
Well LB & Bruce, they all got me pretty confused. I used to be able to tell the difference, now I'm not sure they're not just one dude.
>> now I'm not sure they're not just one dude.
Crap, let's try that last sentence again.
now I'm unsure if they're not one dude.
I give up...you get the point though.
> I give up...you get the point though.
Most of the Busters never met a speld word or correct sentence in their life. A few have read quite a bit. Mike are like the big brother that love to pull the pillowcase over their little brothers head, hit them with a sock full of marbles and dare them to hit them back. Bruce just swings wildly in the dark. Hank speaks clear sentences, knows something about the process and beats the fuck outta Bruce for not doing things.
So obviously, I must meet Hank. If he so desires. I wish.
Farve. Wins. Again.
Later. Tru has a cold...
Uh...Favre...
Intrigue and mystery oh my!
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Please consider actually standing up in a public meeting. It's far more effective.
......
Been there did that BP, my mentor told me long ago he got to the point when police billy clubs hit him the head he quit healing, I just nodded.
Now that I'm there, e.g. one more hit in the head and I'm a quad, I can't be in the front row seat. I have had to many concussions to count, and everyone has taken longer to heal.
RE: or does everyone left & right hate you?
Just as much as you do ;)
.......
What did you say a month ago? If you don't vote for Obama you don't love the pussy? Well we all voted for Obama, and he won, and now you still question our love?
I keep looking for the light, but it's hard to find around here.
Hank? A little more help, please.
Don't worry, I won't tell anyone who you are. And I know you know my email.
Yeah, it's not always good when tech companies sell out, but that's the tech business everywhere. Most companies form hoping for a buy out. If everything goes right, you get big and go public instead. Even in Seattle and Bay Area, it's a success if you sell.
MORE CLINTON THAN CLINTON
WASHINGTON (AP) - President-elect Barack Obama has met in Chicago with Sen. Hillary Rodham Clinton, who is under consideration for secretary of state.
This blog is to be renamed herein it will be referred to ...
"I can't Believe Its Not Bruce"
aka
"I Hate to Burst Your Bruce"
Yeah, it's not always good when tech companies sell out, but that's the tech business everywhere.
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A sell out is a failure, it means that your not making the numbers.
Most early on 'tech' was VC, and in order to get see, you had to have say $100M by year three or earlier, many markets are projections on the back hanky's.
When you see a startup 'sell' early on, it means the 'vulture capitalists' are saying, "I want my money back". A failure.
A success they always let it go, until hype is prime, and then go pubic and cash out. That is a success.
It's easy in high-tech for the principal it get rich, the tough thing is to do what Microsoft, Google, or Oracle has done, to make thousands of people rich.
The latter is what needs to happen in Bend, to date IMHO Bend is a town of high-tech losers.
The three above are all near good university's any of them could be anywhere as they're all software. What Bend lacks is the critical mass of young PHD's. Nothing will fix Bend until an outstanding UNIV is at the Old Mill site.
Fuck Juniper-Ridge, that will never be a campus, it will always be destined to be a prison. You can't have a top university in a remote desert outcropping.
We'll never have a Google or a Microsoft here. If that your measurement of success, yeah we're doomed.
If you want to see ONE EXAMPLE of the ENLESS BOONDOGGLES we as taxpayers have funded, just go to Bend2030. - homer
"Bend 2030 is a private non-profit 501 (c) 3 organization, independant from the City of Bend." - Bend2030
Note, that homer spells endless as 'ENLESS", and that the city spells 'indy' as 'ant' but so what?
Over at BendBubble.blogspot.com, the title photo caption has been "Bend 2030, Feed Them Lard, Stage One". This has been the page-one caption for two years.
"Bend 2030 is Juniper Ridge, on a grander scale applied to the entire city"
The city that spends and plans, and dumps its plans and spends on plans, and dumps its plans, and spends on plans. Millions of dollars on plans for JR & Bend2030, and every few years they hire someone new to do them over. Who would have guessed??
The best part is every few years the private plan writers and PR&MARKETING outfit's change their names. So you can't even go back 3-5 years and find the same agency's. The good news is always the same people. Just like HOA collection, all done by the same people Friedman&Johnson.
Planning and Building you can borrow REAL money on a 'line of credit', thus DEBT is constantly accrued, and passed on to the 'CHOSEN FEW'. Planning (2030), Building (Juniper-Ridge) only exists because off budget money can be secured and privately spent, and only the taxpayer is on the hook.
Dunc calls it Fairy Dust, I call it Accounting Fraud.
Let the for-sale housing market correct on its own
Proposed homeownership incentives such as bigger tax credits for home buyers, federally financed interest-rate buy-downs and overturning the ban on seller-financed down payments won't stimulate the economy or stabilize home prices -- in fact, these proposals could make matters worse, Doug Bibby, president of the National Multi Housing Council, said this week.
Of course, it's important to consider the source: The NMHC represents the country's leading rental-housing firms. It's in the members' best interests for people to remain renters.
But the points that Bibby made in his statement this week are valid, and certainly raise questions that lawmakers will have to consider as groups including the National Association of Realtors and the National Association of Home Builders lobby for heftier incentives.
"The only issue a home-buyer tax credit addresses is the oversupply of single-family houses, which is something best left to the marketplace -- not taxpayers -- to correct. Oversupply situations happen in every industry, and the housing industry will recover with or without Congressional action, just as it has in past oversupply situations," Bibby said.
"If buyers need a $22,000 incentive to come back to the market, then home builders should absorb that cost through lower prices, not taxpayers," he said. The measures being talked about "are simply bailouts for the for-sale housing market, the very sector of our economy that helped trigger the global economic crisis," he said.
Bibby said that the push to restore down payment programs could even increase the number of owners who become underwater on their mortgages. The programs help buyers who can't come up with a down payment on their own; Bibby suggests that reinstating those programs would "lay the groundwork for another wave of mortgage defaults and foreclosures."
Read more about why the first-time tax credit already in place for first-time buyers doesn't seem to be working, and why Realtors are lobbying lawmakers for more in this week's real-estate pages. Also, read about the latest efforts to keep people out of foreclosure.
"When prices return to market levels, buyers will return," Bibby said, adding that housing will be on stronger footing if the market works off the oversupply on its own.
In the weeks and months ahead, we'll see if leaders in Washington agree.
-- Amy Hoak, Real Estate Writer
We'll never have a Google or a Microsoft here. If that your measurement of success, yeah we're doomed.
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Why the fuck not? I can see it, why can't you?
I have worked at all these start-ups, I know what makes them tick, and I know the assholes who started them.
Many of the 'rich' spawned by them have second homes in Bend.
What we're fucking missing is a HUB, an intellectual gathering place.
Aspen has the Aspen Institute, SantaFe has the SantaFe Institute, the greatest minds in the world frequently give talks.
In Bend we have retards running the Government, and Pug's running Public Ed.
You essentially right TT, but incapable of explaining WHY you said what you said. I know the obstacles that need to be overcome.
Horrendous, but can it be done? Yes, Hell Yes.
Do the powers want it done? I Don't FUCKING THING SO.
Thus the debate continues, I admit to debate the merits of really making BEND into something. While the powers that be, hide in secret meetings and plan on Bend being a US center for toxic chemical manufacturing and low-income housing.
We're sure the hell no Aspen or SantaFe that is for Damn sure, the Owners of Bend being PUG don't want a high-tech incubator, they want a NAZI death manufacturing center, because there is MORE money & power for the few without much labor. The Intellectual high-tech approach means that newcomers get the wealth, the current path of Bend is designed that Good Old Boyz ( BOSS-HOGGS ) continue to run Bend as a company town.
Thus your probably right TT, but it doesn't mean that everyone thinks its hopeless.
HOA collection, all done by the same people Friedman&Johnson.
So Friedman is a Zombie Debt Collector now?
"When prices return to market levels, buyers will return," Bibby said, adding that housing will be on stronger footing if the market works off the oversupply on its own.
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Tax manipulation is essential to the manufacture of any bubble. That said, once a bubble bursts what created a bubble will to re-create the bubble.
Given that we bail-out banks, and auto, why not just get to the fucking point and start having the FED give TOLL-BROTHERS billions of dollars in cash??
Why BUY I mean WHY BUY? We're so fucking far from break-even on BUY/RENT, BEND home prices will have to go to $100k Median before they sweetly pencil. Where it makes more sense to BUY vs RENT, until the prices stabilize its INSANE to buy, which only means your going to lose your DOWN-PAYMENT if you have to move, and you will have to MOVE, because your all going to lose your jobs.
Lastly, lets EVEN add more inventory. It's still easy to borrow, banks loan, and builders want to be busy, until we see building truly slow down, we'll know that nobody is serious about the inventory problem. They're all still hoping that in six months the bubble returns.
Most of US can agree its only going to get worse, which means its the FUCKING WORSE TIME TO BUY IN 20 years.
I'm seeing tons of 65+ farts moving here from Seattle, trouble is they can't sell, these old farts are paying for two homes, why they don't just RENT here until they sell where they're coming from, ... but they don't. Thus I think in the coming year there will even be less buying, and more renting, but that renting is artificial it just means that there will be huge pool of rental homes that will have gone to seed in the coming years.
Homer's article is written for the national level, and I'm talking about BEND, and BEND is FUCKED, terminally FUCKED.
So Friedman is a Zombie Debt Collector now?
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It should be interesting, the majority of HOA's that I know that 'HAD' to use them, always said they were incompetent, now with little blaster gone ( master-blaster ), the big Johnson doesn't have her brains.
You would think it would implode, but hell this is Bend, and Johnson is also out.
MY humble opinion is that someone else in City-Hall will grab that Cookie for themselves, the HOA collection racket is PORK of the highest kind, and he who controls that racket collects.
"You want a building permit for a STD? Then use our HOA collection"
I mean the racket is made to be ran by insiders, given that Friedman is dead, and Johnson is OUT, they no longer have any attributes favorable greasing the system in Bend.
If Johnson were smart, or Friedmans heirs they would sell the biz, to one of the new city councilors, so that the biz could retain its clients, otherwise they'll bail.
Proposed homeownership incentives such as bigger tax credits for home buyers
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Isn't ZERO-DOWN ( that's what this is in effect ), isn't zero down what caused the worst speculative buying?
This week we hit 7% un-employment it will be 10% soon, who in the fuck in that climate is BEND-STUPID enough to saddle themselves with a MTG???
So Friedman is a Zombie Debt Collector now?
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Bend is a ghost-town right Homer?
So what is strange about Zombies collecting a percentage of HOA monthly fee's??
The dead collect social security! Right?
This is amerkiKKKa this is BEND.
There are still some people who think Bend RE will soon pop back up. About two months ago I ran into an otherwise-smart house inspector who told me he thought that the turnaround was just about here, because there were a whole bunch of people renting who wanted to buy.
I wonder if the events of the last couple months have done anything to change his mind.
Sun to cut up to 6000 jobs; software chief exits as unit revamped
Bizjournals.com - 1 hour ago
Sun Microsystems Inc. plans to cut up to 18 percent of its work force, or up to 6000 jobs, in a company restructuring as it deals with declining demand.
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TT, here's one for you, and note folks I and BEM have long predicted the tele-commuters would be the first to go, 6,000 being dumped from SUN, and most are tele-commuters, this is the high-tech future for employment.
This is why its SO fucking critical to start your own business, rather than wait to be terminated.
About two months ago I ran into an otherwise-smart house inspector who told me he thought that the turnaround was just about here, because there were a whole bunch of people renting who wanted to buy.
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For three years now, these 'insiders' inspectors, realtors, mtg brokers, ... have been saying next month, next quarter, I think we even call it the 'BRATTON FORECAST', ...
Sure there are a fucking TON of renters looking to BUY, so fucking what?
Assuming they're NOT complete fucking idiots, like I said earlier today, medians must fall to $100k before the financial incentive ownership versus renting is break-even. Today we're at $260k median, we're not even fucking close to break even.
What worked yesterday, e.g. 70% ownership will not work tomorrow, the PAIN caused by this bubble, will cause ownership to fall to below 50%, and ONLY when its a CLEAR fucking financial advantage to OWN, will folks come back.
Sure a fucking TON of retirees want to OWN, I have this conversation everyday with them, and they have NO rational reason to explain to me why they want to own.
OH, there is ONE, and that is they know the landlord wants to sell the place they rent, and they fear that insecurity, my attitude "GET FUCKING OVER THAT FEAR", its better to be sitting in a home in BEND you can leave in an hour, rather than a HOME that has no fucking chance of ever selling.
Lastly, every fucking 'inspector' I know in Bend is a financial loser.
I would no more follow their advice, than that of a realtor. Like the other day BP, or someone was writing how strange that people take financial advice on stocks from people who are in their 20's with no experience, same for everything else.
Bend resets will continue until 2012, Bend housing will not return until at least 2014. Bottom will probably be in 2010, that still a long way to go, right now it looks like $160-180k medians are a sure thing by 2010, smart folks will wait, but then most of BEND is BEND-STUPID.
I wonder if the events of the last couple months have done anything to change his mind.
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Nothing can change these peoples minds, just hope.
They go to meetings and seminars weekly ( $10-30 ), and are told to read 'Napoleon Hill', and then go out and preach to the Bend masses about the sun rising tomorrow.
All these people must LEAVE, or find a new vocation.
Actually putting on Seminars for Bend 'industry' is a pretty good racket.
While the powers that be, hide in secret meetings and plan on Bend being a US center for toxic chemical manufacturing and low-income housing.
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Who would have guessed that Bend isn't Aspen.
A switch-aroo?
Bend is an illusion created by PR&MARKETING at taxpayer expense.
A few powerful builders control the town.
Let's be honest they don't want a few high-end homes, Bend is/was never for the rich.
Bend is PUG low-income high volume, tens of thousands of crap-shacks, that is where the profit is, why the fuck to you think they're pushing for the largest UGB expansion in ORYGUN history???
While the powers that be, hide in secret meetings and plan on Bend being a US center for toxic chemical manufacturing and low-income housing.
All you fucking newbies is this really what you came here for? Isn't this where you came from??
http://www.nytimes.com/2008/11/15/technology/companies/15sun.html?em
“Even during the 2000 bust, the decline was more measured,” said Ashok Kumar, an analyst with Collins Stewart. “This seems to be going into a freefall.”
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Yep, HIGH-TECH is going to see the biggest fucking collapse ever.
Homer talks a lot about 'dot-com' but now that is going to be considered a boom-time compared to this depression.
Note all you CUNTS & KUNTS that most of the good paying jobs in BEND are tele-commuting, and now millions of these folks are going to get axed.
Now we'll see the high-tech folks BEG to be 'bailed-out', ... sorry folks no more bail-out's, move along.
KUNTS, CUNTS,... & Little Pussy's
Do you fuckers even get what's going on, TT do you realize that NOD's and foreclosures and Marge' Jingle-Mail (keys) are going to now skyrocket in BEND??
>> Isn't ZERO-DOWN ( that's what this is in effect ), isn't zero down what caused the worst speculative buying?
Bingo! It's called "skin in the game". Trouble is, folks is broke! They "consume it all" and can't save a %20 down payment.
They go to meetings and seminars weekly ( $10-30 ), and are told to read 'Napoleon Hill', and then go out and preach to the Bend masses about the sun rising tomorrow.
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There you go TT,&QUIM, read 'think & grow rich', pay $30/week at Bend Realtor sales management seminars, ... live out of you car the rest of the week, so you can save money that would be spent on rent on seminars.
Keep reading 'think & grow rich', cuz the Bend RE Bubble is coming back soon!!!!!!!!!
4X income folks over two years I have said that, and NOTE income in BEND is not $60k/yr, and not $40k/yr, its going to be more like $25k/yr, which is $100k medians, which is the point to BUY, if your lucky enough to have saved $20k.
Now how many fucking people barely getting by in Bend, are going to have $20k??
>>TT do you realize that NOD's and foreclosures and Marge' Jingle-Mail (keys) are going to now skyrocket in BEND??
Why, yes I do.
Delusions are melting like butter on my erogenous zones.
You simply can't maintain idiotic beliefs of a return of real estate bubble. It's hopeless.
I've talked to some of Bend's wealthy. They know we're screwed. So do the poor. The middle HAS to be figuring it out now. It's going to be a panic.
Once those Old Mill stores start closing, even memories of the dream will be gone.
0% down = jingle mail
It's akin to a machine that is horribly broken and making very nasty sounds (bearings going out etc) and the Gov't has no other tool to fix the broke-by-design hunk of junk. So what do they do? Pop open the expensive oil (cash) and start pouring it inside the machine by the 55gal drum.
Won't solve a single problem.
While the powers that be, hide in secret meetings and plan on Bend being a US center for toxic chemical manufacturing and low-income housing.
*
From a survival point you can see why Brooks & Compass are pushing this scenario, The muslim wars will continue, and BEND has a few companys that make MIL Suterra,Microsemi,Nosler,... interesting that Brooks is right next door to those three, coincidence??
Bend will become a little defense town in the high-mtns, nothing special, but lots of low income housing, which might attract more US government MIL spending.
The PROBLEM I see is that the BOSS-HOGGS didn't see OREO winning, and the OREO will send these good MIL war-mongering jobs to places near Chicago, or Detroit where his own people are hurting.
I really think BEND has seen its best days for MIL spending and MIL contracts.
But you ALL have to admit, its OUR ONLY SHORT TERM HOPE.
Once those Old Mill stores start closing, even memories of the dream will be gone.
*
Two OM restaurants for sale now on craigs, virtually every retailer there is only there because of the 7 yr triple-net-lease.
They'll walk, yes the OM is a trajedy.
Which is why I pray that they make it into a campus, and get COCC and OSU(UofO) off that fucking hill. Plenty of nice space around the 1,000yd perimeter of OM to have 2-3 nice colleges, and then let HOLLERN have the COCC campus for Garzinis URBAN prison.
Plenty of nice space around the 2,000yd RADIUS (REI) of OM to have 2-3 nice colleges, and then let HOLLERN have the COCC campus for Garzinis URBAN prison.
But you ALL have to admit, its OUR ONLY SHORT TERM HOPE.
*
I say this as a curmudgeon cynic who thinks that the people who run this town are suicidal in the JonesTown sense, and intend to take us all down with them with their kool-aid.
Suterra is the ultimate Kool-Aide for Bend.
Since day one here we have been the Simpsons, and we have our marge, bart, homer, ... everyone has a name,
Note how silent Homer is on Suterra, I wonder if our own Homer here in Springfield doesn't work for the nuclear power plant??
The last Simpson's movie was about pollution. It seems that is where the fictitious 'Bend OR' is going.
It's truly fascinating how are virtual world imitates reality in Bend.
All that we are missing is a rational, and fair minded 'Lisa', we have all the other characters.
I think even in BEND, having a real life 'lisa' is asking way too much.
"All that we are missing is a rational, and fair minded 'Lisa', we have all the other characters."
How about Bruce?
Hwy. 20 SUV-semi crash critically injures Bend dentist
A Bend man was critically injured early Tuesday evening when his SUV crossed the center line of U.S. Highway20 about 20 miles east of Bend and collided with a semi truck, Oregon State Police said Wednesday.
OSP Sgt. Chris Seber said the crash happened around 5:35 p.m. when a westbound 1999 Ford Explorer reportedly went two feet over the center line near Milepost 19 and collided with an eastbound 2003 Kenworth truck, driven by Kerry Crawford, 58, of Cedar City, Utah, and pulling a trailer loaded with cardboard.
Crawford said he steered to avoid the oncoming SUV but was unable to do so as it crashed into the left side of his truck and trailer.
Marc Andrew Nordstrom, 38, a Bend dentist, was taken by AirLink helicopter to St. Charles Medical Center-Bend, where he remained in critical condition Friday.
Seat-belt use information for Nordstrom was not available, Seber said, but Crawford was using his seat belt and was unhurt.
OSP troopers from Bend are continuing the investigation of the crash, which shut the highway for a time. Other local agencies and ODOT assisted at the scene.
Officers arriving at the crash scene near Horse Ridge said the collision seriously damaged the rear trailer, with a bent axle, tires deflated and debris reportedly scattered a quarter-mile along the highway.
Interesting thing--if you run Marc A. Nordstrom inthe county records, it looks like he went in pretty big on RE, inlcuding almost a million on commercial RE on Newport.
Commercial on Newport? Ouch.
Hope he comes out OK.
Bruce,
Is whining, turn-coat, pot calling kettle black, hypocrite. A chameleon, a coward, a pug one day, a dem another, a kiss-ass at city-hall.
BP goes to great lengths to tell us that the city killed the $400k lawyer budget, but then fails to admit his flaw when it is given the green light, and then reminds us that it is the fault of the BULL for giving him wrong information.
BP never admits when he is wrong.
The pussy is a lot of things, but she is NO Lisa Simpson.
Lisa Simpson is consistent, rational, intelligent, and see's all and knows all.
BP is NO lisa.
Good news CUNTS, BRK.A lost $2,000 today, and is down 40% year to date.
Just for you berkshire fans out there.
I don't remember the name of the character, but to me Bruce is that spineless assistant to Homers boss.
Always kowtowing to HOLLERN, always trying to be in the middle of the action, but ignored by all as persona-non-grata,
What is the name of Homer's boss at the nuke plant? Whats the name of the assistant??
Let's not forget that Dunc is Ned Flanders, kiss ass in public, jeebus freak, but ax murderer in private.
Smithers is Burns' assistant.
Thanks, thats our BP, Smithers.
I don't think we have a Burns, I'm BART, a 70 yr old with a 12 yr old brain.
Who are you quim? We had this all figured out once upon a time??
I always kind of took you for the Indian guy that runs the grocery and gets along with everyone, but TT fits that description as well.
We know that Smithers is working for someone, and he hasn't found his patron yet, but he's trying damn hard.
Turns out I know someone who knows that dentist. What I hear is "terrific, nice, super guy."
So, again, best wishes to him and his family.
>>How about Bruce?
You, sir, are a troll.
I chose the Quimby handle on a whim, he's the politician who's always trying to get and stay elected. In retrospect, that might be a better handle for Bruce since he's taken such a like to politics and I despise them so much.
Apu, the Indian dude fits me well I suppose.
Here's a good rundown of Simpsons characters that jog the mind. I might qualify for Cletus too....
http://en.wikipedia.org/wiki/List_of_characters_in_The_Simpsons
I don't know why BP even dumped that story, I mean a guy darn near dies on a hwy around here, since when does that make a story on IHTBYB??
Patty and Selma tied me up with duct tape and hid me in the closet. Homer's billboard scared them. They thought someone knew who I really was and that could be somewhat toublesome. Dunc, you look like I thought you might also. M
"I mean a guy darn near dies on a hwy around here, since when does that make a story on IHTBYB??"
Suicide is driving 2 feet or so on the other side of the yellow line when an 19 wheeler is coming at you. Many have done this in the past.
Sorry for any inference, obviously.
>>Suicide is driving 2 feet or so on the other side of the yellow line when an 19 wheeler is coming at you. Many have done this in the past.
The impulse to do this is a big danger to truckers. It's a nightmare scenario for them.
Just checking for any knowledge.
Went over looking this afternoon, and it seems the commercial building is just north of the "Ladies". It's been empty for months.
If I'm wrong, please tell me.
192.660 Executive sessions permitted on certain matters; procedures; news media representatives' attendance; limits.
Nothing contained in ORS 192.610 to 192.690 shall be construed to prevent the governing body of a public body from holding executive session during a regular, special or emergency meeting, after the presiding officer has identified the authorization under ORS 192.610 to 192.690 for the holding of such executive session. Executive session may be held:
To consider the employment of a public officer, employee, staff member or individual agent. The exception contained in this paragraph does not apply to:
The filling of a vacancy in an elective office.
The filling of a vacancy on any public committee, commission or other advisory group.
The consideration of general employment policies.
The employment of the chief executive officer, other public officers, employees and staff members of any public body unless the vacancy in that office has been advertised, regularized procedures for hiring have been adopted by the public body and there has been opportunity for public input into the employment of such an officer. However, the standards, criteria and policy directives to be used in hiring chief executive officers shall be adopted by the governing body in meetings open to the public in which there has been opportunity for public comment.
To consider the dismissal or disciplining of, or to hear complaints or charges brought against, a public officer, employee, staff member or individual agent, unless such public officer, employee, staff member or individual agent requests an open hearing.
To consider matters pertaining to the function of the medical staff of a public hospital licensed pursuant to ORS 441.015 to 441.063, 441.085, 441.087 and 441.990 (3) including, but not limited to, all clinical committees, executive, credentials, utilization review, peer review committees and all other matters relating to medical competency in the hospital.
To conduct deliberations with persons designated by the governing body to carry on labor negotiations.
To conduct deliberations with persons designated by the governing body to negotiate real property transactions.
To consider records that are exempt by law from public inspection.
To consider preliminary negotiations involving matters of trade or commerce in which the governing body is in competition with governing bodies in other states or nations.
To consult with counsel concerning the legal rights and duties of a public body with regard to current litigation or litigation likely to be filed.
To review and evaluate, pursuant to standards, criteria and policy directives adopted by the governing body, the employment-related performance of the chief executive officer of any public body, a public officer, employee or staff member unless the person whose performance is being reviewed and evaluated requests an open hearing. The standards, criteria and policy directives to be used in evaluating chief executive officers shall be adopted by the governing body in meetings open to the public in which there has been opportunity for public comment. An executive session for purposes of evaluating a chief executive officer or other officer, employee or staff member shall not include a general evaluation of an agency goal, objective or operation or any directive to personnel concerning agency goals, objectives, operations or programs.
To carry on negotiations under ORS chapter 293 with private persons or businesses regarding proposed acquisition, exchange or liquidation of public investments.
Labor negotiations shall be conducted in executive session unless either side of the negotiators requests open meetings. Labor negotiations conducted in executive session are not subject to the notification requirements of ORS 192.640.
Representatives of the news media shall be allowed to attend executive sessions other than those held under subsection (1)(d) of this section relating to labor negotiations or executive session held pursuant to ORS 332.061 (2) but the governing body may require that specified information subject of the executive session be undisclosed.
No executive session may be held for the purpose of taking any final action or making any final decision. <1973 C.172 S6; 1975 C.664 S2; 1979 C.644 S5; 1981 C.302 S 1; 1983 C.453 S1; 1985 C.657 S2; 1995 C.779 S1>
http://uk.youtube.com/watch?v=bNmcf4Y3lGM
RE: Patty and Selma tied me up with duct tape and hid me in the closet. Homer's billboard scared them. They thought someone knew who I really was and that could be somewhat toublesome. Dunc, you look like I thought you might also. M
Post of the day, of the week, Marge.
As far as suicide by car, I don't know. I just find it weird that someone who has gone a couple million in local RE debt suddenly drives into a semi.
Like we've said several times before here-it's only money. Family is way more important.
Family is the best!!! But I know(with my cop connections over the years) there have been many many suicides by 18 wheeler as nut jobs drive into their unfortunate paths. It is not a new fenome. It has been happening for 40+ years. The death wisher never figures the the big rig will be hurt. Dumb, I know, but true.><<<'>
http://www.google.com/search?hl=en&client=firefox-a&rls=org.mozilla:en-US:official&hs=49X&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=suicide+by+semi+truck&spell=1
Not saying this dentist did it as suicide. We don't even know if the real estate was significantly hurting him. And only two feet over the yellow doesn't sound like a suicide to me. But it does happen.
Just seems like our doctors and dentists are having a lot of misfortune.
Siport Semiconductor down in Cali, Santa-Clara, a guy was laid off today and blew the hell out of his company. This shit is coming to Bend.
***
Wu had apparently been laid off from the business at that address either this morning or Thursday, describing it as a possible motive for the slayings. The address provided by police is the same address listed for semiconductor startup Siport. A man with the same name as Wu appears in Siport's company directory.
Post of the day, of the week, Marge. - smithers
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If smithers says then it is, from now on 24/7 IHTBYB is the Smithers Show.
http://www.mercurynews.com/breakingnews/ci_10988123
Office Park lay-off slaughter in Cali,
Siport Santa Clara shooting: Jing Wu Siport Santa Clara news
By Therese Lisieux on November 14th, 2008
Jing Wu, 47, of Asian origin, and Mountain View, is a suspect in a triple murder. Police are searching for Jing Wu. Jing Wu was fired from his company, SiPort Inc, in Mountain View, Santa Clara. There are photos and videos at the link. Police responded to a call informing of multiple gunshots in an area. Police searched and found 3 dead bodies in an office, supposedly of Siport Inc.
Jing Wu worked in the semi-conductor company, SiPort Inc. Jing Wu’s name was found in an online search. Jing Wu was listed as a lead product test engineer. The news reported that calls were made to Jing Wu at his Mountain View address. Calls to Jing Wu at his SiPort number were all unanswered.
There were several buildings and numerous offices in the vicinity of Siport Inc. The other people did not know what happened. The employees of Siport Inc were interviwed before they were allowed to go home. The families of the three dead people may not have been informed about the deaths at Siport yet.
The victims were 2 men and 1 woman. Police suspect Jing Wu may have left in a silver colored SUV. The names of the deceased were not released yet.
Smithers & Homer,
Do you read the Source, in this weeks issue is a story about a Sisters developer that was found dead barefoot, of a mysterious death, big developer on his own large acreage,
Yet this never made it to our Sister Developer Suicide list.
I googled Smithers show....no telling results.Pray tell more info. I do like Springfield and feel safe there.
One study of Oregon dentists found that they had the highest suicide rate of any group investigated. A California study found that dentists were surpassed only by chemists and pharmacists. Of 22 occupations examined in Washington state, dentists had a suicide rate second only to that of sheepherders and Smithers.
OMG>> The he she of Bend preggie again and Bend is on 20/20 with Barbwa WaWa. Bend's population will really grow now!!!
Smithers,
Your right on Marc A. Nordstrom,
Most interesting is a ton of stuff was bought in 2005,
Several STD's in Redmond, bunch of stuff on the south end of Bend, lot's in Sun-Meadow of Pahlisch, all recent, a lot of loans with Brooks,
I have been watching this office for years, its the dentist right on the bridge where Newport crosses the river. A ton of money was put into that little building looking over the river.
This guy had to be in debt to his eyeballs, and was looking at a negative net worth.
Hell yes, this guy was hurting like hell, also several over priced lots,
Partner or wife: JOHL,RUPINDER K
one acre lot on Awbrey in 2005 for $600k CASH, OUCH!!!!
Just google suicide by 18 wheeler..it is not new. Just move over a bit and opps.
bruce said...
Hank is the one I want to talk to, offline.
I wish he would show himself.
Hank had left the building (had to interview some applicants for some DC jobs for an old friend) ... been out this week. Just scanned the most recent 75 comments, damn sure I am not gonna wade through the other 500+ crap upthread.
What up?
What up?
....
Bruce Ewert the preggy man of Bend is on TV tonight, that is the big news.
While you were gone we changed his name to Smithers to protect his true identity.
Do you read the Source, in this weeks issue is a story about a Sisters developer that was found dead barefoot, of a mysterious death, big developer on his own large acreage.
'Doug Sokol', another Sisters developer recently found dead.
Driving the road into Pine Meadow Ranch is as close to a fuzzy postcard scene as you’re ever going to find in this region. This time of year the trees are exploding in oranges and light reds as Whychus Creek ( was Squaw 'sisters slut' creek )runs calmly under the wooden bridge that leads to the ranch. It’s quiet – even as the wind whips down the eastern slopes of the Cascades and against the side of an 80-plus-year-old barn. And this is the place that Doug Sokol devoted much of the last year of his life toward and it’s a barn that caught the eye of the entire town of Sisters.
Doug Sokol’s death is shrouded in mystery – he was found barefoot at the bottom of a roughly 100-foot cliff a few miles from his home. (barefoot)
But Sokol left little mystery in the legacy he left behind. It’s a story of a husband, father, friend and a man who cared little for the spotlight, but nonetheless touched the people in his community. And in the end, his story plays like a quintessentially Americana slideshow – a man devoted to family, music and all around beau
Another Mysterious Death,... in Sisters.
The next day, Rebecca was in what she describes as a panic and soon found someone with a small plane to help her look for Doug after she had already called police. Doug’s vehicle was soon found, and eventually they located his body. The fact that he wasn't wearing shoes when he was found might seem like an odd tidbit, but Evangeline finds this wholly unremarkable. “He loved to go barefoot. It wasn’t uncommon for him to take off his shoes,” she says. The location of Doug’s death was familiar to him – a place he’d taken Rebecca before and a spot where his sister says he would go to meditate.
PINE MEADOWS RANCH - THE BIGGEST FUCKING BAD-ASS DEVLOPMENT IN SISTERS HISTORY - and Project Owner Mysteriously Dies - ONLY IN the BEND AREA ...
PMR rolling on first housing phase
People could start moving in to condominium units on Pine Meadow Ranch next spring, according to developer Doug Sokol. All 15 of the lots in the high density zone of the development's first phase have sales pending.Out of a total of 50 residential lots, 18 do not yet have sales pending, Sokol said. PMR Development Company expects to have final
PMR rolling on first housing phase
By Jim Cornelius
The Sisters NUGGET
People could start moving in to condominium units on Pine Meadow Ranch next spring, according to developer Doug Sokol.
All 15 of the lots in the high density zone of the development's first phase have sales pending.
Out of a total of 50 residential lots, 18 do not yet have sales pending, Sokol said.
PMR Development Company expects to have final signatures on the phase one plat early in August, which will allow sales to go forward, according to Sokol.
In response to local rumors, Sokol confirmed that the owner of Starbucks Coffee and Nike founder Phil Knight, are "among those interested"in the condominium properties.
Two of the development's commercial lots are sold. One of those is designated for a restaurant; the use of the other is yet undetermined, Sokol said.
"No one's in a hurry to go out there and build right now,"Sokol said. "They're waiting for the residential to get going.Ó
Residential construction is expected to "get going"within a couple of months.
"There are some people who are ready to start building,"Sokol said. "There will be buildings going up this fall.Ó
Sokol noted that the development's covenants, codes and restrictions allow property owners a two-year window in which to build.
While buyers have expressed interest in other lots slated for later development, Sokol said, there has been no action on later phases.
Another 80 residential lots are planned for the second phase of the development.
"We're not taking reservations on that; we're concentrating on phase one right now,"Sokol said.
Streets should be paved and curbs should be in by the end of August.
"Then we're starting on the water features, ponds and streams,"Sokol said.
PMR Development Company will also build a pool and clubhouse on the property.
Sokol noted that work crews this summer have laid 10 miles of piping for sewer, water and cables on the approximately 20 acres of the development.
Sokol noted that work crews this summer have laid 10 miles of piping for sewer, water and cables on the approximately 20 acres of the development.
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Think about this CUNTS, LAID 10 MILES, its costs in soft ground $200k/mile to lay pipe, wire, ... That's $2M, did he pay? Borrow? Or did Sisters pick up the SDC ala Bend OR???
Doug Sokol dies in fall
Doug Sokol, 56, of Sisters died Tuesday in a fall from a ridge in the forest south of Sisters.
According to Deschutes County Sheriff's Office reports, deputies initiated an investigation attempting to locate Sokol on Monday evening after he had been reported missing. Deputies and family members attempted to locate him throughout the night with no success.
During the morning hours of June 24, members of the Deschutes County Sheriff's Office Search and Rescue began an aerial search in the Three Creeks Road area south of Sisters attempting to locate Sokol's vehicle.
At approximately 11 a.m. his vehicle was located on Forest Service Road 442, approximately five miles south of Sisters, west of Three Creeks Road.
Patrol deputies responded to the area and located the vehicle. Detectives along with approximately 25 members of Search and Rescue responded to the scene. Search and Rescue ground searchers with detectives ultimately located Sokol's body at the base of an approximately 80- to 100-foot-high-ridge.
Search and Rescue members completed a very difficult recovery of the deceased victim and transported him to the trail head.
Sokol was the developer of Pine Meadow Village in Sisters. He was also active in the local music community. He and his wife Rebecca recently created a music venue at The Barn at Pine Meadow Ranch, which drew local, regional and nationally-touring acts.
Sokol's family are longtime residents of Sisters.
Bigger than Tetherow? Resort? Hotel Golf? Sister's? ... DEATH, ... Mysterious Death
Eugene couple purchases PMR site
The site of a future hotel... Photo
by Jim Cornelius
Scott and Jane McCleery of Eugene have purchased the site for a hotel in the Pine Meadow Ranch development at the west end of Sisters.
The McCleerys purchased lots 3, 4 and 5 in the commercial area of the development from PMR Devco, L.L.C. for a total of $1,700,000, according to Deschutes County records.
PMR managing partner Doug Sokol had master planned Lot 3 for an upscale, boutique style hotel with 45-60 rooms. The site offers mountain views and is expected to be the centerpiece of the development.
According to Sokol, Lot 3 was deed-restricted for hotel development, which was always seen as a key to the development.
It took four years to sell the site. Sokol acknowledged that the rest of the residential and commercial development needed to be well underway before a buyer would become interested.
"I'm not surprised it took this long, not at all," Sokol said. "Who's going to invest that kind of money overlooking a cow pasture?"
By purchasing additional property, the McCleerys have the option to add other compatible commercial uses. A spa, conference center and restaurant are possibilities, according to Jeff Jones, the broker with Coldwell Banker/Reed Bros. Realty who represented the McCleerys in the transaction.
McCleery, who also owns Sisters Mobile Home Park, could not be reached for comment by press time.
Sokol said he believes a nice hotel and restaurant will bring benefits to the broader Sisters community, creating a draw for off-season business conferences, jobs and evening activity that will encourage shoppers to come up from Bend and Redmond.
"It's going to bring an economic base to Sisters that I think is long overdue," Sokol said.
PMR's commercial development will adhere to Western architectural themes, although it is being developed under Deschutes County guidelines.
Those guidelines allow a 45-foot height limit, which means the hotel could be three stories tall.
"I haven't seen a design," Sokol said.
Sokol said he would like to see the development reach beyond false-front Western architecture, looking toward some of the more elaborate and elegant constructions of 1880s Western gold country for inspiration.
"I would like to see our development out here in line with the true 1880s traditional and neo-traditional style," Sokol said.
Back to front page
Ten's of millions dumped on this project in 2004/2005, and then in 2008, the Developer fall's off a cliff. Only near Bend, OR.
New roads going in at PMR
By Jeff McCaulou
More construction is underway at Pine Meadow Ranch. photo by Jim Cornelius
The New Sisters Village (Pine Meadow Ranch) development is entering Phase III of the project.
The newest of Sisters' roads in the PMR development will be paved sometime in April.
The new sewer lines in Phase III are completed. The water lines are going in right now.
Doug Sokol, a partner in the Pine Meadow Ranch Development Company, explained the process:
"They can put in the sewer and water and utilities, but when it comes to grading and putting in the curbs and sidewalks it can't be muddy like this."
Phase III is another 36 lots zoned for residential units. Phase II has 14 available lots. In the combined single family homes the Pine Meadow Development has a total of 111. They've sold half of the lots.
In February 2003 the development's designated hotel site sold to an attorney in Eugene for $ 1.7 million.
The hotel site consists of lots 3, 4, and 5 in the commercial area of the Pine Meadow Development. Lots 3 and 4 are restricted to hotel use only.
"It can't be resold and something else go in there. It has to be a hotel," Sokol said.
Scott McCleery, owner of the hotel site, has contacted the Sokols about his plans for a hotel.
"My wife talked to him last week (February 9-13). He's been trying to put a group together to do this. He has told my wife that he's found someone who's interested. Scott wants to bring someone in on one capacity or another," Sokol said.
McCleery was unavailable for comment.
The same people who OWN&SHUT-DOWN BEND trailer-parks, did so in Sister's & Bend. A Scott McCleery of Eugene(PAPE). Note McCleery was also an 'INVESTOR' since 2004 in Sokol's PMR empire in Sisters. Most were bought in 2002, imagine that? Right at the beginning of the bubble!
Park closure raises housing concerns
By Joseph Duerrmeyer
Where will the residents go? photo by Joseph Duerrmeyer
Developers will unveil plans this week for the site of Sisters Mobile Home and RV Park at the east end of town.
A public hearing is scheduled for this Thursday, July 19, at 6:30 p.m., at City Hall to consider a development plan for the property located on Highway 20 across from the FivePine campus.
The park's closure, which is currently scheduled for October, is a cause of concern for those who are trying to increase the amount of available affordable housing in Sisters. There are currently 31 spaces in the park, and the majority are used by permanent residents.
The zoning of the park is residential and has been since the property was brought into the city. The current RV use of the park is not an appropriate use of residential zoning, according to the city planner, but the use was grandfathered in when the park was originally brought into the city.
The looming closure has raised concerns about the fate of the residents there.
"There are 24 families that will be evicted when the park closes. These people work in Sisters, and some have students in the Sisters school system. Where are they going to go?" said city councilor Sharlene Weed, who is also the executive director of Sisters Habitat for Humanity.
"There are waiting lists at the three apartment complexes in Sisters. These people may have no choice other than to leave the area. They have roots here and children in school. I worry about them," said city councilor and Family Access Network (FAN) advocate Shawna Bell.
There have been some changes in the plan for the property since it was purchased in 2002 and the then new owner Scott McCleery stated he wanted to bring in some mobile homes to use as lower cost rentals: "It's part of a gradual plan to change the makeup of the park. What was once a place for out-of-town contractors or vacationers to park a recreational vehicle for a long or a short-term stay will make way for a more permanent residential community."
Now, the newest change is to do away with everything currently there and create a residential development.
"The same people own this property as own the mobile home parks in Bend that shut down. They were very accommodating to the people that were being displaced in Bend, and we can only hope that they will do the same thing here," said Bell.
The original design proposed by the developer of the property did not include affordable housing. However, the city council encouraged the developer to include some affordable housing in the design, although it was not required. Attempting to comply with the request, the developer returned to the city with two plans that included affordable housing.
The developer was later told that these plans would not pass through the planning commission. The developer then reverted to the original plan.
The OLD Buy a Trailer-Park and turn it into a STD game, revisted, and and results in DEATH.
There have been some changes in the plan for the property since it was purchased in 2002 and the then new owner Scott McCleery stated he wanted to bring in some mobile homes to use as lower cost rentals: "It's part of a gradual plan to change the makeup of the park. What was once a place for out-of-town contractors or vacationers to park a recreational vehicle for a long or a short-term stay will make way for a more permanent residential community."
Now, the newest change is to do away with everything currently there and create a residential development.
"The same people own this property as own the mobile home parks in Bend that shut down. They were very accommodating to the people that were being displaced in Bend, and we can only hope that they will do the same thing here," said Bell.
The original design proposed by the developer of the property did not include affordable housing. However, the city council encouraged the developer to include some affordable housing in the design, although it was not required. Attempting to comply with the request, the developer returned to the city with two plans that included affordable housing.
The developer was later told that these plans would not pass through the planning commission. The developer then reverted to the original plan.
P. Scott McCleery
Lawyer in Eugene, Oregon
Member
View firm profile of Gartland, Nelson, McCleery Wade & Walloch, P.C.
Address
44 Club Road, Suite 200
Eugene, Oregon
(Lane Co.)
P. Scott McCleery practices in the following areas of law: Business Litigation; General Civil and Trial Practice; Real Property and Business Transactions; Creditors Rights; Business Workouts; Bankruptcy Litigation
Admitted: 1985, Oregon; 1986, U.S. District Court, District of Oregon
Law School: University of Oregon, J.D.
College: University of California, B.A.
Attorney:
P. Scott McCleery
Firm: Gartland, Nelson, McCleery Wade and Walloch, P.C.
Address: 44 Club Road
Suite 200
Eugene, Oregon 97401
Phone: 541-344-2174
Areas of Practice:
Bankruptcy
Business Litigation
Debtor/Creditor Rights
General Practice
Real Estate Law
Back in 2001, Sokol Sued Sister's in Oregon Supreme Court, to force the PMR project. How's that for good citizenship?? What's fascinating is that today, Sisters is HOMER's favorite place.
Building in Pine Meadow picks up pace
By Alan Flood
Residential and commercial building at Sisters' west end is picking up speed as PMR DEVCO shifts into high gear.
According to Doug Sokol, an active partner in PMR DEVCO, building started 15 months ago and the company has have 42 living units -- seven homes and 35 condominiums -- in one stage of construction or another.
There are four lots left out of the original 50 available in Phase I of the planned development called Pine Meadow Village. Sokol says they have 25 residents living there now and expect singles, couples and families to be attracted to the development.
Housing prices in Pine Meadow reflect Sisters' desirability as a community. Currently, buyers can get into a single family home for $305,000, although Sokol expects prices to increase. The larger, 1,800-square-foot condominiums are selling for close to $300,000 while recently, a 1,200-square-foot condominium sold for $278,000.
Despite the uncertain economy, Sokol expects the pace of sales and construction to increase for a variety of reasons -- including the recent terrorist attacks in New York.
"Now we could grow even faster as people and companies try to escape the big city," he said.
He has noticed that many buyers see Pine Meadow as a way to downsize and simplify rather than as a way to step up.
"They want to sell their million dollar, three-acre houses and buy high quality here, close to town," Sokol said.
PMR DEVCO sets specific design and material standards.
"Our style is traditional 1880's craftsman farmhouse," Sokol said. "We require real wood and don't allow vinyl windows. We also require a certain architectural theme and everything has to go through a review committee."
Construction on community center buildings, a swimming pool and a large pond is very near completion.
"The pond is 1/2 acre, 10 feet deep and eventually will be stocked with fish."
PMR DEVCO property comes from Pine Meadow Ranch, a working ranch west of downtown Sisters, owned by the Sokol family. The ranch sells property to PMR DEVCO as PMR needs it.
According to Sokol, 12 acres of Pine Meadow Ranch property had been rezoned commercial in 1979 but the 50 acres that PMR needed for residential development could only be rezoned when the City of Sisters reached 75 percent build out.
The question of "need" for the development became the focus of months of controversy and legal action.
PMR did a study that was guided, according to Sokol, by the City of Sisters and Deschutes County. The study indicated that the City of Sisters was more than 75 percent built out -- 78 percent to be exact.
The opposition did a study which indicated that Sisters was less than 75 percent built out. PMR's application for rezoning was approved by the city and county planners and contested, eventually winding up in the Oregon State Supreme Court.
The challenge was dismissed for lack of merit.
Sokol was elated at the Supreme Court dismissal.
"We didn't know what we were in for, we could have waited for nine months," he said. "But they dismissed it and 10 days after the hearing it was over."
He keeps the dismissal memo on his bulletin board. The rezoning process took 2-1/2 years in total. Sokol notes that this is one reason developers need large projects -- to cover interest charges and expensive legal fees.
Sokol expects Phase 2 of the development to begin in 2002. He says that, because of economic uncertainty, Phase 2 will be developed more conservatively than Phase 1 -- smaller pieces at a time.
He is currently actively looking for hotels that might be interested in 4.5 acres of Phase 1 commercial property for a small convention and meeting center. He says that Sisters lacks places where there can be "...gatherings, weddings, Christmas parties, company meetings, etc."
Sokol believes that "it would really help the economy of this town because it would go on all winter."
Pine Meadow Village offered developers something rare in terms of scale and opportunity.
"It's a rare privilege for a developer to be able to develop a piece of property in this setting where you have the whole thing -- commercial, high density and single family homes," Sokol said. "It's a city."
"It would also generate a lot of fun," said Bill Schertzinger, a partner in BGJJ LLC, which is developing the project, and a Redmond-based architect
THE WATER PARK OF REDMOND ... NOW Let's get back to TODAY....
Redmond takes first step toward water park
By Jeff McDonald / The Bulletin
Published: May 08. 2007
REDMOND - The city's Urban Area Planning Commission unanimously approved a recommendation for a zoning change Monday night that would be the first step toward construction of a $120 million water park resort on a 39-acre site adjacent to the Deschutes County Fair & Expo Center in Redmond.
The crowd of about 100 citizens applauded following the decision. No one spoke against changing the property's zoning from industrial to commercial tourism at the public hearing. Planning commissioners raised concerns about traffic the project would generate.
The project includes plans to build a crossing over the railroad tracks in the area.
The project's developers say the Redmond Waterpark Resort would create jobs, transform the city's tourism economy and provide year-round recreation.
"It would also generate a lot of fun," said Bill Schertzinger, a partner in BGJJ LLC, which is developing the project, and a Redmond-based architect.
http://www.ripoffreport.com/reports/0/391/ripoff0391107.htm
Could this be our mysterious poster on this subject earlier this week??
Bill Schertzinger Con-Man and Child Molester Bend Oregon
Submitted: 11/13/2008 9:29:16 PM
Modified: 11/13/2008 9:29:00 PM
Reported By
J perish
Bend, Oregon
Ripoff Report Verified Safe
I am writing a report of a man who took my future life from me. He conned my parents out of $100's of thousands of dollars and acts self-righteous and present himself as a good man. But his act is all smoke and mirrors. Usually the people that point fingers and act so great are guilty ones. He conned my parents out of the Retirement and my college fund for frivolous Real-Estate ventures here in Oregon. When I was young he also molested me several times and told me if I told my parents he would hurt me. Please beware of this man and do not let him do the same things to you that he did to me and my family. And if this man has done the same to you please let someone know. This man took everything from me please beware if he approaches you.
He also has a PO Box in the City of Redmond.
J Perish
Bend, Oregon
He conned my parents out of the Retirement and my college fund for frivolous Real-Estate ventures here in Oregon. - j. perish (?)
*
This is a recurring pattern from the 1980's, we note here that folks are now losing all their money on there REDMOND 'RE INVESTMENTS', anonymous slander, note this guy is the water-slide man of Redmond, the accuser claims to be of Bend,OR but there is no record of such name.
Still trying to track down the story the person who posted this about Bend cops involved in a suit where the parents were sued for abuse. This use of the word 'monster' led to this lead.
Nonetheless, its very interesting to note that the hatred that major losses in Real-Estate brings out on these bubble implosions, and the classical today is the magic incantation 'child abuse'.
Certainly NOBODY 'forced' this 'Childs' parents to Invest in the Water-Slide!!!!!!!!!!!!
Nothing is MORE FUCKED in Deschutes, than REDMOND, anybody driven there lately? All of south Redmond is empty and for-lease, its going to be miles of plywood and broken glass by next year. How many billions of dollars of 401k's were lost??
From: Don Loyd
To: Central Oregon Real Estate Investment Club
Friday we will have a very special guest. Redmond Architect Bill Schertzinger will be with us to talk about the new Redmond Indoor Water Park nearing construction. You will not want to miss this
Bill is one of the owners of the project. Get a sneak peak at this exciting addition to Deschutes County . He will have a large model of the proposed project as well as construction drawings. The location of the project is next to the county fairgrounds.
Bring your notebook. He will give us the details and you will be able to ask questions. This is a rare opportunity. Less than 150 people have actually seen the plans and model.
A few people may be able to make some money, too. Come and find out how.
Bill will be with us at both meetings next Friday: 7:30 to 8:00 AM and Noon to 1:00 PM. We should have a full training room for this information. Be sure to arrive early to insure a good parking place. Hot coffee will be ready when you arrive.
Click on the link below to read a Bend Bulletin article about the water park.
In 2007 HOMER wrote about Schertzinger
...
THE MONUMENTALLY STUPID:
Redmond takes first step toward water park - May 8, 2007
"The project's developers say the Redmond Waterpark Resort would create jobs, transform the city's tourism economy and provide year-round recreation."
"It would also generate a lot of fun," said Bill Schertzinger, a partner in BGJJ LLC, which is developing the project, and a Redmond-based architect."
"I don't see a downside."
There's more. Much more.
The super-bubble of Central Oregon RE has changed the character of this place in just a few short years. There is very much a Gold-Rush, screw-you attitude. The sum total of a persons value is "What Can You Do For Me?"
The RE industry, never a bastion for holding ethics in a hallowed regard, is overrun with sleaze and liars. The local media give them first, middle and last word, and never a single followup on clear lies. If anything, they get more exposure for ever increased sleaze marketing.
Every person who can possibly capitalize on the Cent OR land rush, IS or sure as hell is trying. That is largely all that's left around here. People have taken leave of their senses and their decency. A couple in Ashwood wants to turn their farm land into a resort of 5,000 homes, nevermind that Ashwood has a population of 120 people. Residents of Broken Top are being strongarmed into a deal where they are damned if they do, and damned if they don't - solely because there is a buck to be made.
Long-time residents are simply being forced to move because taking their apartment condo benefits some slimeball developer. Virtually nothing will be done to improve the property, but the price will triple. And the attitude is "Take it, or get out."
People who bought "early", are getting screwed out of parks, roads and other "promises" made by developers because they trusted them. Once the homes are sold, there is no park, no playground and no roads built to accompany the traffic.
Projects are represented as "SOLD OUT" solely for the purpose of actually bringing in suckers who can buy "the last remaining unit", despite the fact that NO units have really sold.
Laws voted in by US and land use laws are being contorted to serve the purposes of developers. Measure 37 essentially gives any longtime landowner a license to do whatever they want with their property, incluing throw up a subdiv surrounded by farms, and to hell with what it does to any of them! Destination Resorts are basically stealth subdiv's that will begin to pockmark the countryside.
There's nothing to do about it, really. It comes with the territory. I saw a quote in the movie "Blood Diamond" along the lines of, "Whenever a commodity of value is found in Africa, the locals are slaughtered in large numbers and in the most inhumane ways imaginable." While it's not that dramatic here, the commodity of value here, for the time being, is land and what will happen while it's value is extracted is probably going to horrify those who call this place home.
Here's my prediction: Many area Realtors will leave, or buy an Awbrey mansion & retire in the next few years. Once the well is dry, which is happening now, they will have made their pile and will call it quits. Destination resort builders will leave hundreds & thousands homes in half-built subdivs just sitting in the middle of nowhere. Golf courses will go to seed, man-made lakes will dry up. Same for Measure 37 claims, they'll just pockmark the land. Oregon's attempts to prevent sprawl with it's land use laws will have been upended by the relentless pursuit of moneymaking. There won't be anywhere to "get away from it all" around here anymore, because "it all" is everywhere. And it'll have all the appeal of half-assed mobile home parks.
Americans slowly realize Bailout is a scam, $2 trillion missing?
The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system. Two months later, as the Fed lends far more than that in separate rescue programs that didn't require approval by Congress, Americans have no idea where their money is going or what securities the banks are pledging in return.
``The collateral is not being adequately disclosed, and that's a big problem,'' said Dan Fuss, vice chairman of Boston- based Loomis Sayles & Co., where he co-manages $17 billion in bonds. ``In a liquid market, this wouldn't matter, but we're not. The market is very nervous and very thin.''
Bloomberg News has requested details of the Fed lending under the U.S. Freedom of Information Act and filed a federal lawsuit Nov. 7 seeking to force disclosure.
The Fed made the loans under terms of 11 programs, eight of them created in the past 15 months, in the midst of the biggest financial crisis since the Great Depression.
``It's your money; it's not the Fed's money,'' said billionaire Ted Forstmann, senior partner of Forstmann Little & Co. in New York. ``Of course there should be transparency.''
Treasury, Fed, Obama
Federal Reserve spokeswoman Michelle Smith declined to comment on the loans or the Bloomberg lawsuit. Treasury spokeswoman Michele Davis didn't respond to a phone call and an e-mail seeking comment.
President-elect Barack Obama's economic adviser, Jason Furman, also didn't respond to an e-mail and a phone call seeking comment from Obama. In a Sept. 22 campaign speech, Obama promised to ``make our government open and transparent so that anyone can ensure that our business is the people's business.''
The Fed's lending is significant because the central bank has stepped into a rescue role that was also the purpose of the $700 billion Troubled Asset Relief Program, or TARP, bailout plan -- without safeguards put into the TARP legislation by Congress.
Total Fed lending topped $2 trillion for the first time last week and has risen by 140 percent, or $1.172 trillion, in the seven weeks since Fed governors relaxed the collateral standards on Sept. 14. The difference includes a $788 billion increase in loans to banks through the Fed and $474 billion in other lending, mostly through the central bank's purchase of Fannie Mae and Freddie Mac bonds.
Sept. 14 Decision
Before Sept. 14, the Fed accepted mostly top-rated government and asset-backed securities as collateral. After that date, the central bank widened standards to accept other kinds of securities, some with lower ratings. The Fed collects interest on all its loans.
The plan to purchase distressed securities through TARP called for buying at the ``lowest price that the secretary (of the Treasury) determines to be consistent with the purposes of this Act,'' according to the Emergency Economic Stabilization Act of 2008, the law that covers TARP.
The legislation didn't require any specific method for the purchases beyond saying mechanisms such as auctions or reverse auctions should be used ``when appropriate.'' In a reverse auction, bidders offer to sell securities at successively lower prices, helping to ensure that the Fed would pay less. The measure also included a five-member oversight board that includes Paulson and Bernanke.
At a Sept. 23 Senate Banking Committee hearing in Washington, Paulson called for transparency in the purchase of distressed assets under the TARP program.
`We Need Transparency'
``We need oversight,'' Paulson told lawmakers. ``We need protection. We need transparency. I want it. We all want it.''
At a joint House-Senate hearing the next day, Bernanke also stressed the importance of openness in the program. ``Transparency is a big issue,'' he said.
The Fed lent cash and government bonds to banks, which gave the Fed collateral in the form of equities and debt, including subprime and structured securities such as collateralized debt obligations, according to the Fed Web site. The borrowers have included the now-bankrupt Lehman Brothers Holdings Inc., Citigroup Inc. and JPMorgan Chase & Co.
Banks oppose any release of information because it might signal weakness and spur short-selling or a run by depositors, said Scott Talbott, senior vice president of government affairs for the Financial Services Roundtable, a Washington trade group.
Frank Backs Fed
``You have to balance the need for transparency with protecting the public interest,'' Talbott said. ``Taxpayers have a right to know where their tax dollars are going, but one piece of information standing alone could undermine public confidence in the system.''
The nation's biggest banks, Citigroup, Bank of America Corp., JPMorgan Chase, Wells Fargo & Co., Goldman Sachs Group Inc. and Morgan Stanley, declined to comment on whether they have borrowed money from the Fed. They received $120 billion in capital from the TARP, which was signed into law Oct. 3.
In an interview Nov. 6, House Financial Services Committee Chairman Barney Frank said the Fed's disclosure is sufficient and that the risk the central bank is taking on is appropriate in the current economic climate. Frank said he has discussed the program with Timothy F. Geithner, president and chief executive officer of the Federal Reserve Bank of New York and a possible candidate to succeed Paulson as Treasury secretary.
``I talk to Geithner and he was pretty sure that they're OK,'' said Frank, a Massachusetts Democrat. ``If the risk is that the Fed takes a little bit of a haircut, well that's regrettable.'' Such losses would be acceptable, he said, if the program helps revive the economy.
`Unclog the Market'
Frank said the Fed shouldn't reveal the assets it holds or how it values them because of ``delicacy with respect to pricing.'' He said such disclosure would ``give people clues to what your pricing is and what they might be able to sell us and what your estimates are.'' He wouldn't say why he thought that information would be problematic.
Revealing how the Fed values collateral could help thaw frozen credit markets, said Ron D'Vari, chief executive officer of NewOak Capital LLC in New York and the former head of structured finance at BlackRock Inc.
``I'd love to hear the methodology, how the Fed priced the assets,'' D'Vari said. ``That would unclog the market very quickly.''
TARP's $700 billion so far is being used to buy preferred shares in banks to shore up their capital. The program was originally intended to hold banks' troubled assets while markets were frozen.
AIG Lending
The Bloomberg lawsuit argues that the collateral lists ``are central to understanding and assessing the government's response to the most cataclysmic financial crisis in America since the Great Depression.''
The Fed has lent at least $81 billion to American International Group Inc., the world's largest insurer, so that it can pay obligations to banks. AIG today said it received an expanded government rescue package valued at more than $150 billion.
The central bank is also responsible for losses on a $26.8 billion portfolio guaranteed after Bear Stearns Cos. was bought by JPMorgan.
``As a taxpayer, it is absolutely important that we know how they're lending money and who they're lending it to,'' said Lucy Dalglish, executive director of the Arlington, Virginia- based Reporters Committee for Freedom of the Press.
Ratings Cuts
Ultimately, the Fed will have to remove some securities held as collateral from some programs because the central bank's rules call for instruments rated below investment grade to be taken back by the borrower and marked down in value. Losses on those assets could then be written off, partly through the capital recently injected into those banks by the Treasury.
Moody's Investors Service alone has cut its ratings on 926 mortgage-backed securities worth $42 billion to junk from investment grade since Sept. 14, making them ineligible for collateral on some Fed loans.
The Fed's collateral ``absolutely should be made public,'' said Mark Cuban, an activist investor, the owner of the Dallas Mavericks professional basketball team and the creator of the Web site BailoutSleuth.com, which focuses on the secrecy shrouding the Fed's moves.
The local media give them first, middle and last word, and never a single followup on clear lies. - homer
*
Homer, are you talking about our Smithers??
Yes, I've had some "dealings" with McCleery in the past. Seemed like a straight up lawyer type. Didn't know he had a hard-on for Sisters though.
I see the pregnant man will be airing on discovery channel, With thier second baby. For the whole U.S. to see what a wacky wierdo place Bend has become. Is that guy girl or whatever it is from cali?
>> Is that guy girl or whatever it is from cali?
Ya think???
I hope she has a cesarean, the doctor takes mercy on us all, and ties her fucking tubes while he's in there.
You wouldn't believe the load of shit I get for it in the business world and how she is 'representing' Bend. :(
Nothing new for Bend though, easy-money seeking whores.
I see the pregnant man will be airing on discovery channel, With thier second baby. For the whole U.S. to see what a wacky wierdo place Bend has become. Is that guy girl or whatever it is from cali?
*
Bend is a 'PUG' town.
Thus our lesbian with a beard is a PUG.
These two girls are surely connected to BENDS PR&MARKETING machine, otherwise this non-story wouldn't be sticky.
There are many women with beards that give birth, this is nothing new.
Go to Germany or East Europe sometime. Hell in Greece in the summer when every goes nude I have seen german women with more hair on their face and large breasts than than any of the manly hollywood actors. Surprisingly German men find this very arousing.
Leave it to Bend to sell the world the pregnant man, just because a lesbian couple has a bull-dyke with a beard. For every lesbian couple there is always BITCH (BULL) & FEM (PRIS).
Personally I think Bend's PR&MARKETING machine is bored out of its fucking mind, and thus this story is sticky, e.g. it has legs. In Germany or Poland a pregnant woman with a beard wouldn't even get a glance, let alone a story.
Bend is a 'PUG' town.
Thus our lesbian with a beard is a PUG.
I don't think so, buster.
The Lesbian Rep. Judy Stiegler (D-Bend) is now in charge. More lesbian and gay Homo Demos in Bend, with the old PUGs in massive retreat to the outer edges of the county. Bend is now 24/7 HomoDemo.
These two girls are surely connected to BENDS PR&MARKETING machine, otherwise this non-story wouldn't be sticky.
I don't think so, buster.
This story is big because it is part of the Homo narrative of Gay activists demanding forced gay marriage from Cali onward to all corners of the good old USA.
The she-man, husband-wife, man-child is just running more PR for the new-def of marriage.
"This story is big because it is part of the Homo narrative of Gay activists demanding forced gay marriage from Cali onward to all corners of the good old USA."
no one wants to force anyone to enter into a gay marriage. people just want the option so equality will prevail. doesn't affect you if you choose not to have a gay marriage yourself. live and let live. speaking of forcing, don't force your views on others.
More lesbian and gay Homo Demos in Bend, with the old PUGs in massive retreat to the outer edges of the county.
*
Why do you MAKE THIS SHIT UP?
Outer County is yuppy, where it costs money, the poor live in town.
The people of the area voted IN FUCKING MAJORITY for PALIN, why do you promote this FECES that DEM's won??
The preggy woman with a beard has not a fucking thing to do with gay marriage.
Boy we have a real right-wing nut case in our midst, that hates queers, wants little girls to go to mexico for coat hanger abortions, and see's a DEM in every toilet.
Look in the FUCKING mirror Bend, and you'll see a PUG.
"Is that guy girl or whatever it is from cali?"
no, from the Philippines, if memory serves
A century ago when Barnum & Bailey came to towns with his circus he always had a few bearded women, it was a real freak show.
No freak show was complete with the bearded woman.
Why does USA think this strange. A german, polish, or Kazahkstan woman would never think of shaving their hair on their face, breast, arm-pits ... anywhere,
Must go back to the mayflower that USA ameriKKKan's are afraid of hairy women, if you actually travel hairy women are quite common.
Like lord of the rings when gibbly ( dwarf ) comments that women & men cannot be distinguished.
But like Barnum&Bailey the circus of freaks is alive and well in BEND, these lesbians DYKES are getting paid, just like Barnum's bearded women, to put on a freak show.
Like then & now, what is the fucking point??
I say lack of news, or better yet, that BEND eats this shit up being stupid fucking dim-witted PUGS.
PUG's need news, and thus give them bearded women, and flying couches, and perpetual motion-machines 24/7.
Like this forum,
Above is interesting stuff on 'Doug sokol', comments hell no, and the water-slide guy from Redmond very interesting,
But throw a KUNT a bearded woman, and you got a PUG with an erection.
It's like 'She-Males', contrary to popular myth 'she-males' aren't gay, and don't rent themselves to gay's. She-Males is a straight PUG fantasy where they can fuck a guy in the ass who has tits and hold their dick.
AmeriKKKan's love hairy-women, but also fear them, they make them circus freaks and media sensations.
Why does MT-B exist? Why does Bend area 'exclusive resorts' exist? Why does Tetherow exist?
....
Return the Powder to the People
By Michael Pearlman, 11-14-08
There was once an era when world-class ski resorts opened with a goal of delivering a quality experience intended to attract the public to a growing sport. Pioneers like Paul McCollister, Pete Seibert and Dave McCoy founded mountains in Wyoming, Colorado or California with outstanding terrain first. The amenities came later.
How things have changed. Today’s ski industry is centered around making money off land instead of making turns in powder. The Yellowstone Club debacle currently playing out in bankruptcy court is one example, as is bankrupt Tamarack Resort in Idaho. The mountain is merely a commodity, an expensive amenity to be exploited for financial interests that have nothing to do with outdoor recreation.
Tim Blixseth’s grand real estate investment scheme (I have a problem describing the Yellowstone Club as a ski area) was born in the late 1990s. When the land exchange that allowed the Yellowstone Club to move forward was approved, I was just out of college and pursuing an advanced degree in powder skiing in Jackson Hole. While many of my peers were cashing in on the dot- com boom or heading off to law school, I was happily entrenched in the working class, just another ski bum waiter with a bachelors degree.
My fellow unwashed season pass-holders who waited patiently in the tram line each day reveled in the perceived nobility of neither having, nor needing, financial security. Freedom was spending the day in the mountains, whether it was hiking the backcountry or riding the lift. Even through the tunnel vision of our pursuits, it was impossible not to notice the changes happening in front of our eyes. Ritzy hotels began sprouting up in Teton Village, season passes got pricier and more tourists were hiring guides and charging to the front of the lift line.
Around 1998, I began hearing about a private ski area being constructed next door to Big Sky. A billionaire had secured some land through a land swap and was cutting trails and selling memberships. It would cost more than a million dollars just to join, if you were lucky enough to be invited. You’d build your house, hire your help and they’d lock the gates and keep the riffraff out.
I eventually learned that the Yellowstone Club had so few skiers that sensors were installed so lift operators would know when someone was actually riding a chair. Powder lasted for days and they had a run named EBITDA, which I learned stands for “earnings before interest, taxes, depreciation and amortization.’’ The employees were apparently treated well, but good luck trying to get an invitation to visit. For the masses, it was a mirage of a ski area, even though you could look down into it from Big Sky.
Fast-forward a decade and we now know that Blixseth’s fantasy was never a functional business model. The Yellowstone Club’s checking account has $40,000 in the bank, a $600,000 monthly payroll and more employees than members. They couldn’t sell enough memberships to run the place before the global financial crisis hit. A spectacular mountain where the owners can’t afford to operate the lifts overlooks a bankrupt development. Those who bought in and built their McMansions have learned that their dream enclave was being propped up with smoke and mirrors. They’re members of an exclusive club that no one wants to belong to.
The Yellowstone Club was never about skiing. The ski area was merely the carrot dangled in front of buyers to sell them land and the exclusivity that comes with deep pockets. You’ve got a lift mechanic who isn’t getting a paycheck, a cook with kids and no health insurance and subcontractors who’re probably never going to get paid what they’re owed.
I’ve got a proposal for the judge who’s handling the Chapter 11 reorganization of the Yellowstone Club. Return that public land to the taxpayers who were locked out while the owners hoodwinked everyone. Require the Yellowstone Club to start selling lift tickets to the public and give the former employees and everyone who’s owed money free season passes. Every dollar earned in lift-ticket sales should be set aside in a fund to make sure the employees and contractors get paid for their work. If the lifts don’t run, open the resort up to backcountry skiing enthusiasts willing to earn their turns on the empty slopes. I hear there’s some pretty good terrain up there and it looks like some current employees are going to have extra time on their hands this winter.
Suspect in triple homicide arrested in Mountain View
By Sandra Gonzales
Mercury News
Article Launched: 11/15/2008 03:38:42 PM PST
A 47-year-old Mountain View man accused in the triple shooting at a Santa Clara semiconductor chip company on Friday has been arrested.
Jing Wu was arrested in the area of El Camino Real and Grant Road in Mountain View at 10:45 a.m. The arrest was made without incident and he is currently being booked into Santa Clara County Jail on three counts of homicide in the slayings at SiPort, a small semiconductor firm at 3255-7 Scott Blvd.
Police identified the victims as Marilyn Lewis, 67, head of human resources, of San Jose; Brian Pugh, 47 of Los Altos and Sid Agrawal, 56, of Fremont. Agrawal was SiPort's chief executive.
Wu recently had been let go from SiPort because of his poor performance, according to a spokeswoman for an investor in SiPort. Earlier police reports had indicated that he been laid off, but the spokeswoman said that was not the case.
On Friday, Wu apparently returned to the business at 3:53 p.m., opened fire and killed the victims, police said. When police arrived, they found the three dead inside the office of Building 7 Suite 102.
Wu allegedly fled the scene in a silver sport utility vehicle immediately after the shooting, sparking a massive manhunt that ended this morning.
Rather than preggy bearded women, the future of Bend is,...
1.) Major developers to be accused of child-molesting,
2.) Developers of all types committing suicide, having lost everything.
3.) People being laid off killing their CEO, ...
Bend is Cali,
#1 biz in Bend?
1.) pawn shops
2.) used clothing
3.) walmart
4.) personal security biz
5.) fix gates on gated community's
There five goods ideas on how to survive the Bend depression.
Re: #1 biz in Bend?
You forgot Deedy's Estate Sales.
Place was packed this morning. The oak bookshelves I wanted were long gone. But I picked up a great book on bugling elk. And at another close-by moving sale, a NordicTrack for a buck.
Closer you get to the end of the month, the better the deals get.
Yes, garage sales, but hardly a long term enterprise.
Too many people here try to buy shit at Walmart and sell on EBAY, trouble is UPS gets all the profit.
Who wins on garage sales? How much shit do you need?
Yep, fill up your house with $1 NordicTrak's, and elk books,...
Garage Sales, Estate Sales are an indicator, ... Certainly a hot location on I97(3rd) that you could sell used to stuff to folks driving through, might be a good play, but can you compete with the Goodwill?
For the really good shit rich would rather get a receipt from Goodwill, I think only nitwits sell shit for a dollar out of their garage.
1.) pawn shops
2.) used clothing
*
1&2 are both used shit, folks will be using used shit, and other folks will be selling their used shit,
Sell all you can sell, and then you can only sell your self,
Down in Brazil people have been renting their wives for years to buy food, and I'm talking the 'wealthy'.
Re: I think only nitwits sell shit for a dollar out of their garage.
That's kind of obvious.
Trudy has wanted a NordicTrack for awhile, as an addition to the workout room our garage has become. We took yet another couple of boxes to Bethlehem Inn today as we have been reducing the clutter.
The Freecycle Bend site is also good for reducing clutter: http://groups.yahoo.com/group/Freecycle-OR-Bend/
I'm hearing "downsizing," "smaller houses," "no Christmas or slimmed down Christmas buying," "get down to so little stuff I can move quick if I get layed off."
It's amazing what I'm hearing. Has the consumer really turned on a dime? Or is it just people thinking out loud?
Customers have turned on a dime, and ain't going back.
A diehard SUV owner (Burbie, but he lusted after the diesel Excusions) is now driving an AWD Volvo wagon. It'll take the crash just as well, but come on, a Volvo?
He threatens to go all Subru on me, but I know that he is just pulling my leg with the Bru-haha.
GM is gone. Only contractors and house builder are buying 150s anymore.
It is all about the mileage, and GM sucks. Ford sucks. MercedesChrysler sucks. HBM sucks.
Buy foreign.
Mabe with all this exposure on the discovery channel more bearded women will move to bend. No wait mabe youre right this is another pr marketing strategy to sell overpriced homes to freaks.
20% of Bay Area homes underwater. Man, with all the tech layoffs, it'll be ugly there for awhile. They had bid those homes up so high that people were buying with option arms.
I know several people here are looking at moving to las vegs as their new job meca. They are the same people who moved here from cali. Just to check it out found 25000 people applied for 1000 jobs there and they are camped out in tents looks like 1930's again remember those old photo's.I don't think there is anywhere utopia to go to anymore it's all gone. Alaska processors are hiring I did that in the 70's and it was brutal
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