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dcogan's comments:
on The Art of Hard Times
Hello,
This is not the first time the State has taken funds from special accounts and put it in the general fund. They did the same thing to the Oregon Dept of Veterans affairs back in the 1950's and at the time they promised to pay the money back with interest.
Nothing happened until the last major resession in the 80's. at that time the Dept of Veterans affairs was on the verge of going broke because Vet's were out of work and could not make there mortgage payments, just like what's happening on a national scaled now. Only then did the debt become public and the Veterans dept had to sue the State of Oregon to get the money back, by then the debt was about a 100 million dollars. The State never did pay the whole amount back. You should talk to Bill Lunch about that whole stinkin affair.
posted 4 years, 2 months ago
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