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Desolation's comments:

on About That $700 Billion...


It is too bad that the politicians in Washington of both parties did not take the simple and easy action of giving a stimulus check as $10 or $20,000 per legal adult citizen. Such a move would have had the immediate result of lowering consumer debit, increasing even if temporarily savings rates and in a consumer based economy provided an inrush of business that would have trickled UP to the big institutions. It would also not have cost $700-Billion.

It is stunning that the powers that have been elected do not understand that if you are going to have a consumer based economy you must have consumption. The current plan simply does not address this in any way other then to protect the institutions that generated the problem by enabling the consumer to dig out the foundations they are sitting on. Any business that fails, should fail, GM for example has mismanaged itself into its current position over two decades.

That a consumption economy is not and never has been sustainable is yet another problem that MUST be resolved, perhaps the 2012 administration will address it as a matter of national security. Without a, predominate manufacturing base this once great nation will be only a legend and example of shortsighted politics.

posted 4 years, 6 months ago
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on Merkley Wins

I agree.
Sum this up with:
Look "Portland" just replaced an outstanding Oregonian with "Just Another Democrat"!

Thank You Mr. Smith for representing the true Oregon spirit.

posted 4 years, 6 months ago
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on Election Night Special

5.3 Billion and the best we could do aws these two... And BHO is the winner.

We lost all the way around on this one.

posted 4 years, 6 months ago
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on How to Recession-Proof Central Oregon

The elected Deschutes County governance directly at the prodding of the entrenched unelected county bureaucracy; in blatant and public disregard for science in the public domain, has effectively devalued many thousands of privately owned properties, in an area referred to as ?South County?.
Initially the above looks like it is a negative impact upon the Central Oregon economy; having the government take action that unnecessarily decreases property values at a time of economic stress.
However, in conversation with several of the ?Ignorant? (a characterization of a county bureaucrat) citizens of the ?South County? area a surprising economic plus for South County has come to light.
The County should in continuance of the benevolence it has shown to the people of South County in its rush to ?protect' these citizens; devalue the tax assessments of every property in the geographic area covered by the ?Local Rule?.
I am sure that the greater county taxpayers will be surprised to find that suddenly many properties are in fact solely by the county?s actions, effectively valueless thus requiring a full refund of any taxes paid after the ?Local Rule? took effect and removing them from the tax rolls for the foreseeable future.
This reduction in property values and subsequent immediate and retroactive reduction in property taxes, and immediate refund of over payment of property taxes will have a significant positive economic effect upon South County area economy!

There was I must admit a bit of laughter when it was pointed out that the remaining populated areas of Deschutes county can expect their taxes to rise exponentially as these unelected bureaucrats are not going to go away.

The county government has inadvertently generated a great economic development for South County and perhaps not so great for the rest of the county?s taxpayers.
However, perhaps the remainder of the county can wake up to the economic impact that a county government that has squandered millions of dollars on salaries to produce an end result that helps tangentially only one area of the county and effectively depresses the remainder?
Perhaps to ?Recession proof the Central Oregon economy?, a complete overhaul of the local governing bodies would be a great place to start?

Just a thought from Central Oregon.

posted 4 years, 8 months ago
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on Where Wall Street Meets Main Street

Today?s financial ripples are not caused by the housing bubble bursting, and the root cause is not the blatant greed of the denizens of Wall Street, You, et-al. This problem is not the result of either political party, and not the failure of this administration, or even the last one!
No, you need to look a bit deeper to see that the basic structure of the current US economy is not sustainable. This should be a ?DUH? moment; simply put a ?Service? based economy is not sustainable long term. The myth of the ?Post Industrial? economy needs to be fundamentally discarded.
Having taken steps years ago to insulate my finances as much as possible from exactly what is happening today. I am not so much struck by the train wreck but by the reaction of the so called experts to this predicted situation. I on the other hand can watch Wall Street crumble to dust and not be directly impacted as I have not had one dime invested on the street in years!

posted 4 years, 8 months ago
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on From the Conventions: Pain at the Pump

I do not see that "alternative transport" is going to be viable within 15 to 20 years and I am currently employed in the field.
Therefore the road improvements should be made so as to improve the flow of traffic and thereby reduce the aggregate fuel use.

Simply put where I live Mass/Alt transport is not going to happen unless the investment reaches 100% and then it will take decades! Perhaps in the various Metro areas public based transport can work, eventually.

posted 4 years, 8 months ago
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on From the Conventions: Pain at the Pump

It is 40-miles one way to my current employment
Please continue to tell me to drive less and use alternative transport that does not exist, so that you can feel good about having a nonworkable solution.

posted 4 years, 8 months ago
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