ARCHIVED BLOG POSTS

2009 

Oregon entered the Union on February 14, 1859, as state number 33. I have read three different explanations for how Oregon got its name and three different definitions of what the name means. The explanation and the definition I like are written below. In, French, Oregon means hurricane a name fo...
02/14/2009
I just finished watching Bill Moyer's Journal on PBS. According to Bill Moyers, key administration officials came from the same banks that taxpayers are now bailing out. I checked this out on line and found that: Mark A. Paterson, former lobbyist at Goldman Sachs is now Geithner's Chief of Staff ...
02/13/2009
Congress is ramping up to flood the market with public funds through the Federal Reserve, the Department of the Treasury, and other government channels. They will use the FDIC to provide any necessary guarantees. They repeatedly promise transparency and accountability but what have they published...
02/09/2009
Perhaps the FDIC is reluctant to seize any of the banks that were deemed to big to fail because of the impact it will have on all of the other banks that are carrying the so called "Tarnished Assets" on their books. The reason, the Book Value is significantly greater than the True Market Value. I...
02/08/2009
So, do IRS decisions (the IRS is a bureau of the Dept. of Treasurey) that function as change to tax laws carry the same weight as law? Yes, they do. A tax decision which can only be interpreted as being written specifically for the benefit of banks was issued just prior to the Wells Fargo & Co. p...
02/08/2009
With the first tranche of TARP funds former Treasury Secretary Paulson paid 78 biilion dollars more for banks stocks than they were worth and no funds were directed toward solving the housing & foreclosure crisis. We the public immediately lost 78 billion dollars. With the second traunch of TARP ...
02/08/2009
Failure is an understatement. At best members of the SEC are guilty of criminal negligence at worst SEC members were co-conspirators and/or accessories to the crimes. In December 2008, SEC Chairman Christopher Cox admitted that the agency had failed to thoroughly investigate multiple "credible an...
02/05/2009
Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the bailout funds, reported to the Senate Banking Committee on Thursday that Treasury in 2008 paid $254 billion and received assets worth about $176 billion. She Explained that the figures were reached by extrapolating the resu...
02/05/2009
Millard Fuller died Tuesday February 3rd 2009 near Americus, GA. He was 74 years old. At age 29 he left a successful career in business and started Habitat for Humanity International which built more than 300,000 homes worldwide. Using his Christian principles and propelled by evangelical like en...
02/04/2009
Congratulations! You are now the proud owner of a home in the southern Oregon coastal village of Port Orford. So now you need to set up service accounts for utilities and other residential services. Here is a list of numbers that you will need: Coos Curry Electric Co-Op ............... 541-332-39...
02/04/2009