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This page contains a single entry from the blog posted on July 15, 2008 8:51 AM. The previous post in this blog was Money mag "Best Places" skips Oregon. The next post in this blog is Ground Zero for Nothing. Many more can be found on the main index page or by looking through the archives.

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Tuesday, July 15, 2008

Experts agree

The current financial crisis has reached the emergency stage. It's time for Congress to step in.

Posted at 8:51 AM | Bookmark and Share

Comments (12)

So because consumers & corporations are so irresponsible somehow now because these poor decisions are affecting "everyone (read: just a lot of jerks) we are resorting to corporate welfare?

Great... now I gotta pay for a bunch of OTHER PEOPLE'S mistakes...

Well, sleepy ted and fireman randy have already put our money in the ethanol bubble, what else is there? Wind farms? Bike boxes?

I cashed out my sad little 401K and put it all into the real big bubble -- "Flogos"...

http://www.flogos.net/Flogos%20H.swf

I am hoping they make them to look like streetcars and solar panels.

The next bubble? Commodities of course. Beware though, I don't see a taxpayer bailout when it bursts.

I have a feeling we'll all be "investing" more into government bubbles (at all levels) over the next decade.

The next bubble: the sustainability business. Just ask Boone Pickens. He wants to suck up all the taxpayer subsidies he can lay his hands on.

There is salvation let KKR take over the reigns of Portland's city government. Strip, sell, and divide the profits..Good-bye ** Randy and Sam the scam and his crowd. KKR keeps no dead wood.

I honestly think I would rather be exploited by KKR than the current roster of hustlers.

At least with KKR they admit they are lining their own pockets with any cost savings. There's no pretense about trying to save the planet, or making Portland look more like Europe, or subsidizing the creative class.

Since Portland is the nations most progressive city, a leader, the next bubble will emanate from here. Our fearless leaders have a new bubble every year. In the mid 70's we had solar-true. Recently we've had "creative class", then bio-tech, nano-tech, sustainability, wind energy, design industry, alternative fuels, bike industry, and just very recently Gov. Ted is back to solar.

Bubbles just get recycled-how appropriate.

The all-time embubblement, of course, is Us, the Peeps, paying (with our labored life Time) the compound interest on the denominated face-value of dollar bills, collected by the private parties owning the printing presses which print the dollar bills.

It's like buying daylight by the pound, and then tipping the guy who sells it to you so you won't be in the dark about what's going on. Because if you only knew, the Fed Reserve would scare the daylights out of you.

If speaking of the location of (4) printing presses which print all the dollar bills, improve the knowledge in that speaking by first reading this: North Korea and the Supernote Enigma - Allegations that North Koreans are counterfeiting U.S. currency, by Gregory Elich, Korea Policy Institute, Global Research, May 7, 2008.

---
But seriously, folks, 'once we built a railroad, we made it run, we made it run against Time, once we built the railroads and now it's done' ... we gotta do it, again.

Multiple Birds – One Silver BB: A synergistic set of solutions to multiple issues focused on Electrified Railroads.

Problems:
• Excessive Oil Consumption by the USA, much higher than OECD average
• Economic, Energy, and Environmental costs with related National Security issues that result from excessive oil consumption
• No Real Plan to Significantly Reduce Greenhouse Gas Emissions
• Lack of Non-Oil Transportation: there are no alternatives for essential transportation that don’t use oil
• Inadequate Railroad Capacity
• Speed and reliability of today’s Rail Freight cannot compete with Truck Freight for many cargoes
• Weak Electrical Grid with limited inter-regional transmission and stability problems
• Lack of markets and transmission capacity for remote Prime Wind Farm Sites
• Chronic Under-investment in long lived, beneficial infrastructure

The Silver BB
• Electrify 36,000 miles of mainline railroads
• Expand Railroad capacity and speed by ...

Read the article in the Aug Vanity Fair about Bear Stearns!!!
Very scary and realize that the rest of us have nothing to say or do about any of this mess. The SEC and the rest of the Feds are totally in the dark too. The inmates are running the asylum and there is NO adult supervision.
Put your money in a coffee can and bury it in the back yard...oh yeah...there are no coffee cans any more either.

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In Vino Veritas

Dom Martinho, Tinto 2005
Chateau St. Jean, Cabernet, California 2007
Kirkland, Napa Cabernet 2007
Revelry, The Reveler, 2007
Joseph Drouhin, Chablis 2006
Altos Las Hormigas, Mendoza Malbec 2008
Alodio, Ribeira Sacra Mencia 2007
Charles Smith, Kung Fu Girl Riesling 2008
Kiona, Lemberger 2006
Chateau Ste. Michelle, Columbia Valley Merlot 2005
Paranga, Kir-Yianni 2005
L. Guigal, Cotes du Rhone Rose 2007
Gloria Ferrer, Sonoma Brut
Kirkland, Napa Valley Meritage 2006
Abacela, Tempranillo 2006
Woodward Canyon, Columbia Valley Red
Santa Margherita, Pinot Grigio 2007
Mas Donis Barrica, Celler de Capcanes Red, 2005
Three Rivers, Merlot 2006
Raptor Ridge, Pinot Gris 2008
Lezaun, Rosado, Navarra
Lezaun, Red, Navarra
Hedges, Three Vineyards, Red Mountain 2005
Raptor Ridge, Pinot Gris 2008
Vega Sindoa, Cabernet-Tempranillo 2006
Inama, Soave Classico 2007
Alois Lageder, Lagrein Rosato 2008
Broglia, Gavi 2007
Marqués de Cáceres, Rioja Rose 2008
Spaltagna, Riserva Pinot Noir 2008
Portuga, Rose 2008
Warre's Warrior Port
Lange, Pinot Noir 2007
Chateau Guiraud, Le G, 2007
Falset, Garnacha Rose, Montsant 2006
Castello di Bossi, Chianti Classico 2004
Domaine Chandon, Pinot Noir, La Riviere Sonoma 2006
Brazin, Old Vine Zinfandel, Lodi 2006
B.R. Cohn, Silver Label Cabernet 2006
Casillero del Diablo, Cabernet 2007
Gentil Hugel, Alsace 2006
Mesoneros de Castilla, Ribero del Duero, Rosado 2008
Cor, Momentum 2007
Santa Margherita, Pinot Grigio 2006
Rubico, Lacrima di Morro d'Alba 2007
Gilstrap Brothers, Reserve Merlot 2003
Conundrum 2007
Chandler Reach, 36 Red
Santa Rita, Reserve Cabernet 2005
Marietta, Old Vine Red Lot 47
L'Ecole No. 41, Recess Red 2006
Dom Martinho, Red 2004
Beaulieu, Georges Latour 1994
Caymus, Cabernet 1995
Columbia Winery, Merlot 2005
Bergevin Lane, Columbia Valley Cabernet 2005
Savigny-les-Beaune, Les Lavieres 2003
David Hill, Reserve Merlot, Rogue Valley 2006
Educated Guess, Cabernet 2006
Maquis Lien, Red 2005
Charles Smith, Kung Fu Girl Riesling 2007
David Hill, Farmhouse White
Robert Mondavi Solaire, Cabernet 2005
Castello Monaci, Liante, Salice Salentino 2006
Ricardo Santos, Malbec 2006
Quinta da Espiga, Tinto 2006
Charles Smith, Holy Cow Merlot 2006
Charles Smith, Boom Boom Syrah 2006
Charles Smith, The Honorable Pinot Gris 2007
Santa Rita, Cabernet Reserva 2005
King Estate, Pinot Gris 2007
Gloria, Douro, Tinto 2002
Bogle, Petite Sirah Port, Clarksburg 2005
Cardwell Hill, Pinot Noir 2004
Silkwood, Red Duet Cabernet-Syrah 2004
Portuga, Vinho Branco 2006, 2007
Osborne, Solaz 2004
Santa Rita, Cabernet, Reserva 2005
Penfold's, Koonunga Hill, Shiraz Cabernet 2006
Chateau Ste. Michelle, Cabernet, Indian Wells 2004
Chateau Ste. Michelle, Merlot, Horse Heaven Hills 2004
Hannah Nicole, Red 2004
Penfold's, Koonunga Hill Shiraz Cabernet 2005
Protocolo, Red 2005
Woodbridge, Chardonnay 2006
Portuga, Vinho Branco 2006
Beaulieu, Cabernet, Rutherford 1998
Beaulieu, Cabernet, Rutherford 1996
Kirkland, Roogle Shiraz 2004
Garda, Classico Chiaretto
A to Z, Oregon Pinot Gris 2005
I Giusti & Zanza, Nemorino 2006
Treana, Marsanne-Viognier, Central Coast 2005
Fife, Syrah, "Stanford" 2000
B.R. Cohn, Silver Label Cabernet 2005
Marques de Casa Concha, Cabernet 2005
Santi, Sortesele Pinot Grigio 2006
Al Muvedre, Tinto Joven 2006
Layer Cake, Shiraz 2006
Gritti, Ca' Andrea, Umbria red 2005
Altos de Luzon, Jumilla 2004
Thomas Leithner, Zweigelt 2004
Cain Cuvee NV 3
Chateau Ste. Michelle, Merlot 2003
Meridian, Sauvignon Blanc 2005
Canoe Ridge, Merlot 2003
Paringa, Shiraz 2005

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F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
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Anthony Holden - Big Deal
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Jeff Noon - Vurt

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Miles run year to date: 64
At this date last year: 28
Total run in 2008: 28
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In 2003: 269
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