Detail, east Portland photo, courtesy Miles Hochstein / Portland Ground.



For old times' sake
The bojack bumper sticker -- only $1.50!

To order, click here.







Excellent tunes -- free! And on your browser right now. Just click on Radio Bojack!






E-mail us here.

About

This page contains a single entry from the blog posted on October 19, 2011 9:50 AM. The previous post in this blog was Super Carole 'fesses up, pays up. The next post in this blog is Brady's economic plan: Would you believe sewing?. Many more can be found on the main index page or by looking through the archives.

Archives

Links

Law and Taxation
How Appealing
TaxProf Blog
Mauled Again
Tax Appellate Blog
A Taxing Matter
TaxVox
Tax.com
Josh Marquis
Native America, Discovered and Conquered
The Yin Blog
Ernie the Attorney
Conglomerate
Above the Law
The Volokh Conspiracy
Going Concern
Bag and Baggage
Wealth Strategies Journal
Jim Hamilton's World of Securities Regulation
myCorporateResource.com
World of Work
The Faculty Lounge
Lowering the Bar
OrCon Law

Hap'nin' Guys
Tony Pierce
Parkway Rest Stop
Utterly Boring.com
Along the Gradyent
Dwight Jaynes
Bob Borden
Dingleberry Gazette
The Red Electric
Iced Borscht
Jeremy Blachman
Dean's Rhetorical Flourish
Straight White Guy
HinesSight
Onfocus
Jalpuna
Beerdrinker.org
As Time Goes By
Dave Wagner
Jeff Selis
Alas, a Blog
Scott Hendison
Sansego
The View Through the Windshield
Appliance Blog
The Bleat

Hap'nin' Gals
My Whim is Law
Lelo in Nopo
Attorney at Large
Linda Kruschke
The Non-Consumer Advocate
10 Steps to Finding Your Happy Place
A Pig of Success
Attorney at Large
Margaret and Helen
Kimberlee Jaynes
Cornelia Seigneur
Mireio
And Sew It Goes
Mile 73
Rainy Day Thoughts
That Black Girl
Posie Gets Cozy
{AE}
Cat Eyes
Rhi in Pink
Althouse
GirlHacker
Ragwaters, Bitters, and Blue Ruin
Frytopia
Rose City Journal
Type Like the Wind

Portland and Oregon
Isaac Laquedem
StumptownBlogger
Rantings of a [Censored] Bus Driver
Jeff Mapes
Vintage Portland
The Portlander
South Waterfront
Amanda Fritz
O City Hall Reporters
Guilty Carnivore
Old Town by Larry Norton
The Alaunt
Bend Blogs
Lost Oregon
Cafe Unknown
Tin Zeroes
David's Oregon Picayune
Mark Nelsen's Weather Blog
Travel Oregon Blog
Portland Daily Photo
Portland Building Ads
Portland Food and Drink.com
Dave Knows Portland
Idaho's Portugal
Alameda Old House History
MLK in Motion
LoveSalem

Retired from Blogging
Various Observations...
The Daily E-Mail
Saving James
Portland Freelancer
Furious Nads (b!X)
Izzle Pfaff
The Grich
Kevin Allman
AboutItAll - Oregon
Lost in the Details
Worldwide Pablo
Tales from the Stump
Whitman Boys
Misterblue
Two Pennies
This Stony Planet
1221 SW 4th
Twisty
I am a Fish
Here Today
What If...?
Superinky Fixations
Pinktalk
Mellow-Drama
The Rural Bus Route
Another Blogger
Mikeyman's Computer Treehouse
Rosenblog
Portland Housing Blog

Wonderfully Wacky
Dave Barry
Borowitz Report
Blort
Stuff White People Like
Worst of the Web

Valuable Time-Wasters
My Gallery of Jacks
Litterbox, On the Prowl
Litterbox, Bag of Bones
Litterbox, Scratch
Maukie
Ride That Donkey
Singin' Horses
Rally Monkey
Simon Swears
Strong Bad's E-mail

Oregon News
KGW-TV
The Oregonian
Portland Tribune
KOIN
Willamette Week
KATU
The Sentinel
Southeast Examiner
Northwest Examiner
Sellwood Bee
Mid-County Memo
Vancouver Voice
Eugene Register-Guard
OPB
Topix.net - Portland
Salem Statesman-Journal
Oregon Capitol News
Portland Business Journal
Daily Journal of Commerce
Oregon Business
KPTV
Portland Info Net
McMinnville News Register
Lake Oswego Review
The Daily Astorian
Bend Bulletin
Corvallis Gazette-Times
Roseburg News-Review
Medford Mail-Tribune
Ashland Daily Tidings
Newport News-Times
Albany Democrat-Herald
The Eugene Weekly
Portland IndyMedia
The Columbian

Music-Related
The Beatles
Bruce Springsteen
Seal
Sting
Joni Mitchell
Ella Fitzgerald
Steve Earle
Joe Ely
Stevie Wonder
Lou Rawls

E-mail, Feeds, 'n' Stuff

Wednesday, October 19, 2011

Wall Street ripoffs continue

The latest theft from the taxpayers comes this week at the hands of Bank of America. As one alert reader explains:

Bank of America Corp. has $75 trillion worth of derivatives on the books. It is now transferring derivatives from one of its holdings, Merrill Lynch, not guaranteed by the taxpayers, to Bank of America, that is backed by the FDIC [the Federal Deposit Insurance Corporation]. That means the people with accounts in Bank of America -- accounts the bank is apparently not letting them close -- will soon be in line behind covering the derivatives as they clean out the assets of the bank. Then the taxpayers will have to make these depositors whole again, through the FDIC, amounting to a sort of permanent bailout.

The Federal Reserve, rather than protect depositors or the country for that matter, is supporting the move to keep Merrill Lynch going. The FDIC is understandably against it. So to review, one company takes a bad risk that it would have to pay for, and transfers it to another company that the taxpayers will have to pay for. The too big to fail argument doesn't come up because we're not bailing out Merrill Lynch -- we're just paying out the insured deposits of Bank of America. I'm not sure why the derivatives get immediately to the front of the line of payouts in their new home, but they do.

So in the midst of wave after wave of outrageous derivative-inspired rip-offs, this is yet another diabolical way for Wall Street to plunder America.

Dump your Masters of the Universe losing bets into your federally insured bank, and let the little guy bail you out? Somewhere Hank Paulson is smiling.

Comments (21)

There's a good discussion with William Black, "white-collar criminologist" and Associate professor of economics and law at the U of MO-KC, on Democracy Now! today, including this excerpt:

"...it just broke yesterday that affiliates of Bank of America—this is Merrill Lynch—with really bad derivatives, has been allowed by the Federal Reserve to transfer perhaps many billions, or perhaps even trillions—we don’t know—of these derivatives to Bank of America, which is where we come in as a federal guarantee, and it puts us on the hook as the government. This is obscene public policy, the kind that would have never been permitted in our era. And now, under a Democratic president that rails about excess influence and not putting the taxpayers at risk, that’s exactly what they’re doing.

So, the story on the regulatory side, we had the leading failed regulator in a Federal Reserve Bank, Geithner, and they promoted him to Treasury secretary. We had the leading failed regulator in America, Bernanke, and he was reappointed. So that—and most of the wrecking crew was left on as temporary folks, so most of the wrecking crew is still in place. We have almost no effective regulation, and it’s showing up. They hid the losses by changing the accounting rules through congressional extortion of the Financial Accounting Standards Board. And these problems don’t go away. They just fester, and they pop up three years later. And they’re going to keep popping up until we start telling the truth.
http://www.democracynow.org/2011/10/19/former_financial_regulator_william_black_occupy

There's a special place in hell waiting for these people.

Oh, Hank Paulson probably isn't smiling. Maybe later, though, after he's finished masturbating like a caged ape.

There are derivatives and then there are derivatives, like ETFs that many of us ordinary investors hold in brokerage accounts. What is being transferred could be as mundane and T-Bill or T-Bond Indexes, next month futures, the Dow 30 or the S&P 500. The linked article is remarkable in its lack of specificity and lucidity.

The derivatives that are being transferred are reportedly the worst of the worst. They are being unloaded on Bank of America. Merrill Lynch is trying to remain in business, knowing it would be politically difficult to get a bailout. This is a way to get a bailout without having to ask for one.

Now contrast this behavior with the spin that is taking shape:
The problem here is poor people who didn't work hard enough to become rich.
I heard a pundit on Fox Business News openly mocking Greece for not being able to get its act together, without so much as a mention that Greece only got into trouble by dealing with Goldman Sachs under the direction - at the time - of Henry Paulson.
The corporate media deliberately ignores or distorts what happened, and then the pundits say, "My, these protesters seem so uninformed."

This is obviously shady, but are these really insured "deposits?" Banks can hold assets other than deposits, and FDIC insurance--as far as I know--is still limited to $250k per account holder. Is this really more in the "too big to fail" ledger than the insurable deposit category? Anyone know for sure?

Speaking of the Bank of America (BAC) -- lender of choice for the City of Portland -- the O's Stuart Tomlinson has provided this account of how the virtually involuntary theft of the modest sum of $565 from a local BAC has resulted in a sentence in a federal court of two years, with one left to serve, for a 52-year-old Portland man:
http://www.oregonlive.com/portland/index.ssf/2011/10/convicted_bank_robbers_homeles.html

Mr Tomlinson has not calculated the cost of apprehending and prosecuting this straight-talking but desperate man.

Nor has Mr Tomlinson mentioned that no one at BAC has been apprehended, tried, or sentenced for willfully removing billions of dollars from the pockets of millions of people.

The judge in this case, Malcolm F. Marsh, has "split the difference" between prosecution and defense recommendations in awarding the defendant a year in federal prison. (Calculation of cost to the economy?) J. Marsh has opined that another year in jail should be enough for the confessed bank robber "to stabilize his life."

Neither J. Marsh nor Mr Tomlinson makes reference to the three years BAC has enjoyed to "stabilize" its life (for corporations are people, too) after an injection of $45 billion in TARP money. Nor have they publicly ruminated upon the possibility that life stabilization is not a straightforward process, as suggested by the latest news of BAC's ongoing difficulties.

J. Marsh has, however, proffered a kernel of tentative, unexamined wisdom:

“'This case shows how much we may not know about the plight of the homeless.'"

"Hank Paulson probably isn't smiling."

Puh-leeze, in one week he put his competitor (Lehman) out of business, kept his stock (and all his fortune) in Goldman-Sachs alive and even better gave AIG $70B to pay G-S with.

Then again with Paulsen and his auto-erotic activities - Self-love is the truest love.

Whatever happened to putting an end to "too big to fail"?

observer,
I make no claims of understanding all this completely, and that includes your question, but here goes:

The "too big to fail" component is in play because the Fed, etc..will do anything to keep Merrill Lynch going. So "too big to fail" is driving this. When derivatives go bad at Merrill Lynch, it would require another huge transfusion of cash to keep it running.
The Fed has already been secretly pulling trillions out of the air to keep the banks alive and by extension to keep the stock market from crashing. It would be tough to try and sell another bailout that we know about publicly.

However, a bailout to fund the FDIC after it's swamped by these derivatives and burns through its funds from member bank fees, would be an easier sell, the way it is easy to decide to give a mugger your wallet, if they are pointing a gun at you.

If the bank accounts of individuals disappear and they are not paid back from FDIC, the temple really does come down. Suddenly, there would be zero confidence in putting your money in the bank. I think we all saw that movie. The difference is Jimmie Stewart was not exposed to 75 trillion in derivatives in "It's a Wonderful Life."

So with that dire threat aimed at the system, a bailout for the FDIC - as it is continuously drained by paying off the newly transferred derivatives - would be a must do.

The conclusion nobody wants to reach is that we're looking at a new level of desperation here. It all comes back to these shocking derivative numbers. How is Bank of America Corp able to create 75 trillion dollars of financial risk on its own? That's always been the problem. Not greed. Not capitalism. Derivatives. That is what's killing us.

One little extra tidbit I recently learned: The motivation for the Triple A rating on these junk security swaps was in part because pension funds had to have that to buy into this instrument. So the Triple A thing was a deliberate fraudulent con specifically designed to widen the pool of victims to include teachers, and firemen, etc..whose funds couldn't invest unless the triple A rating was there. Makes you feel warm all over, doesn't it?

There's an entire second tier of criminal behavior here that I don't even get into. All the shenanigans to front load the mortgage system to give Wall Street some more products to convert to derivatives. Why even bother dwelling on that now? Mortgages were the raw materials. It's all about derivatives.

So secondary stuff like selling the mortgages in more than one security swap, or including them even though they had already been foreclosed on? These outrageous crimes are misdemeanors in the big picture. Just follow the derivatives as we try and keep the temple up. They are weapons of mass financial destruction as Buffett said, with one exception. These have to go off sometime - the bombs don't.

At this point we are rushing from one support column to the other in the temple hopelessly trying to prop them up, by any means, criminal or otherwise. This latest move is an example of big chunks of the ceiling starting to crash to the floor. It seems more and more likely that the whole temple's going to come down.

observer - Changes to the bankruptcy laws in 2005 mean that derivatives counterparties are first in line in the event of a bankruptcy. It looks like Europe's banks will probably have a crisis within the next month or so, in which case a lot of these derivatives are going to require more collateral to be posted. This is basically the same thing that caused Lehman Brothers to fail in one weekend back in '08. So if BAC becomes insolvent, then the derivatives counterparties are paid first from the bank's deposits, and then the FDIC has to pay the account holders. Of course the FDIC doesn't have that kind of money, so they'd have to go to Congress to get additional funding. BAC knows Congress wouldn't approve another AIG-like bailout, but they won't hang account holders out to dry. Very sneaky.

The Naked Capitalism article that CM linked to has more detail, but is more technical.

Here's a little edited snippet from Bloomberg:

Moving derivatives contracts between units of a bank holding company is limited under Section 23A of the Federal Reserve Act, which is designed to prevent a lender’s affiliates from benefiting from its federal subsidy and to protect the bank from excessive risk originating at the non-bank affiliate, said Saule T. Omarova, a law professor at the University of North Carolina.

In 2009, the Fed granted Section 23A exemptions to the banking arms of Ally Financial Inc., HSBC Holdings Plc, Fifth Third Bancorp, ING Groep NV, General Electric Co., Northern Trust Corp., CIT Group Inc., Morgan Stanley and Goldman Sachs Group Inc., among others, according to letters posted on the Fed’s website.

Time to bring back Glass-Steagall.

The first television commercial for Occupy Wall Street will be hitting the airwaves soon --
http://www.dailykos.com/story/2011/10/19/1028063/-Occupy-Wall-Street-TV-commercial-set-to-hit-the-airwaves

Also courtesy of DailyKos: Adbusters, which initiated the original call to Occupy Street, is now calling for global marches on October 29 in favor of a 1 percent 'Robin Hood tax' on all financial transactions and currency trades. If you are unfamiliar with the Robin Hood tax, this film with Bill Nighy from RobinHoodTax.org explains --
http://www.youtube.com/watch?v=qYtNwmXKIvM

Meanwhile, back in the boardroom....

Romney's Housing Plan: 'Allow Investors to Buy up Homes' by Accelerating Foreclosure Process

Ahead of tonight's GOP debate in Las Vegas, Mitt Romney tells the Las Vegas Review-Journal that the problem in housing is that banks haven't been allowed to foreclose on enough people, making it more difficult for investors to buy underpriced properties to rent to former homeowners ( Oct 18, 2011) --
http://www.dailykos.com/tv/w/002901/

Great discussion! Thanks Bill and others for your perspectives.

I think JD in the NE could have added a crucial clue here about the changes to derivatives in the Bankruptcy Act of 2005.

Wall Street types like Henry Paulson love to play ignorant about their knowledge of the scope of the derivatives problem as it unfolded.

I always thought that was B.S. Somebody in 2005 had that stuck in the new act because the Street knew damn well what was coming. I always suspected Henry Paulson went to Washington - not so much to help America - but to manage the crisis in a way that would protect the bankers.

I don't buy the "aww, shucks, I was caught off guard" routine. Henry Paulson went to Washington to use the Federal Government - not to help it.

Gardiner Menifree:

Do you really believe that sentences for bank robbery should be dependent on how much money they stole?

I know several bank tellers who would disagree.

Maybe assault perps should only be punished if the victims' injuries are long lasting?

Maybe DUII shouldn't be prosecuted unless they hit something?

A slippery slope indeed.

A friend put it succinctly:

It's just a new casino that has opened. You have to be a club member. You can bet as much money as you want. Never your own money, you get to keep most of the winnings, and you aren't responsible for losing. Anything else said is just a smokescreen.

Do you really believe that sentences for bank robbery should be dependent on how much money they stole?

Not trying to speak for anyone here but I really don't see where Gardiner Menifree has said anything of the sort. I just read an excellent piece (an excerpt from a book by Glenn Greenwald) that gets to the heart of the matter: the unequal application of the rule of law.

http://www.truth-out.org/liberty-and-justice-some-how-law-used-destroy-equality-and-protect-powerful/1319036965

For all the homage we pay to equality under law, we have virtually abolished it in practice. Indeed, beyond isolated, politically motivated rhetoric, we hardly even pretend to believe in its validity any longer. Instead, the United States now has the exact opposite of a single set of laws before which everyone is equal. It has an entrenched two-tiered system of justice: the country’s most powerful political and financial elites are virtually immunized from the rule of law, empowered to commit felonies with full- scale impunity and to act without any constraints, while the politically powerless are imprisoned with greater ease and in far greater numbers than in any other country on the planet.

Transforming aid for the poor into precisely the opposite.

Create a program to exclude individuals from buying a large pool of available homes. Then demand financial aid for institutional and governmental bulk buyers, at discounted prices to rent them out:

"Investor financing would serve to stimulate investor demand and further cushion home price declines." (Amherst)

Source: REO Clearance Hinges On Investor

I say let home prices fall to their natural equilibrium with income.

Repeal all the bailouts.

The bankrupt BoA would whine that their unearned gifts cannot be taken back, under Winstar, to which I would insist that the BoA was not granted immunity from 18 USC 1014 and comes to court with unclean hands as to criminally overvalued collateral.


Sponsors


As a lawyer/blogger, I get
to be a member of:

In Vino Veritas

Chloe, Pinot Grigio, Valdadige 2013
Edmunds St. John, Bone-Jolly Gamay Noir 2013
Kirkland, Pinot Grigio, Friuli 2013
St. Francis, Red Splash 2011
Rodney Strong, Canernet, Alexander Valley 2011
Erath, Pinot Blanc 2013
Taylor Fladgate, Porto 2007
Portuga, Rose 2013
Domaine Digioia-Royer, Chambolle-Musigny, Vielles Vignes Les Premieres 2008
Locations, F Red Blend
El Perro Verde, Rueda 2013
Chateau Ste. Michelle, Indian Wells Red 2
If You See Kay, Red 2011
Turnbull, Old Bull Red 2010
Cherry Tart, Cherry Pie Pinot Noir 2012
Trader Joe's Grand Reserve Cabernet, Oakville 2012
Benton Lane, Pinot Gris 2012
Campo Viejo, Rioja, Reserva 2008
Haden Fig, Pinot Noir 2012
Pendulum Red 2011
Vina Real, Plata, Crianza Rioja 2009
Edmunds St. John, Bone/Jolly, Gamay Noir Rose 2013
Bookwalter, Subplot No. 26
Ayna, Tempranillo 2011
Pete's Mountain, Pinot Noir, Haley's Block 2010
Apaltagua, Reserva Camenere 2012
Lugana, San Benedetto 2012
Argyle Brut 2007
Wildewood Pinot Gris 2012
Anciano, Tempranillo Reserva 2007
Santa Rita, Reserva Cabernet 2009
Casone, Toscana 2008
Fonseca Porto, Bin No. 27
Louis Jadot, Pouilly-Fuissé 2011
Trader Joe's, Grower's Reserve Pinot Noir 2012
Zenato, Lugana San Benedetto 2012
Vintjs, Cabernet 2010
14 Hands, Hot to Trot White 2012
Rainstorm, Oregon Pinot Gris 2012
Silver Palm, North Coast Cabernet 2011
Andrew Rich, Gewurtztraminer 2008
Rodney Strong, Charlotte's Home Sauvignon Blanc 2012
Canoe Ridge, Pinot Gris, Expedition 2012
Edmunds St. John, Bone-Jolly Gamay Noir Rose 2012
Dark Horse, Big Red Blend No. 01A
Elk Cove, Pinot Noir Rose 2012
Fletcher, Shiraz 2010
Picollo, Gavi 2011
Domaine Eugene Carrel, Jongieux 2012
Eyrie, Pinot Blanc 2010
Atticus, Pinot Noir 2010
Walter Scott, Pinot Noir, Holstein 2011
Shingleback, Cabernet, Davey Estate 2010
Coppola, Sofia Rose 2012
Joel Gott, 851 Cabernet 2010
Pol Roget Reserve Sparkling Wine
Mount Eden Chardonnay, Santa Cruz Mountains 2009
Rombauer Chardonnay, Napa Valley 2011
Beringer, Chardonnay, Napa Reserve 2011
Kim Crawford, Sauvignon Blanc 2011
Schloss Vollrads, Spaetlese Rheingau 2010
Belle Glos, Pinot Noir, Clark & Telephone 2010
WillaKenzie, Pinot Noir, Estate Cuvee 2010
Blackbird Vineyards, Arise, Red 2010
Chauteau de Beaucastel, Chateauneuf-du-Pape 2005
Northstar, Merlot 2008
Feather, Cabernet 2007
Silver Oak, Cabernet, Alexander Valley 2002
Silver Oak, Cabernet, Napa Valley 2002
Trader Joe's, Chardonnay, Grower's Reserve 2012
Silver Palm, Cabernet, North Coast 2010
Shingleback, Cabernet, Davey Estate 2010
E. Guigal, Cotes du Rhone 2009
Santa Margherita, Pinot Grigio 2011
Alamos, Cabernet 2011
Cousino Macul, Cabernet, Anitguas Reservas 2009
Dreaming Tree Cabernet 2010
1967, Toscana 2009
Charamba, Douro 2008
Horse Heaven Hills, Cabernet 2010
Lorelle, Horse Heaven Hills Pinot Grigio 2011
Avignonesi, Montepulciano 2004
Lorelle, Willamette Valley Pinot Noir 2011
Villa Antinori, Toscana 2007
Mercedes Eguren, Cabernet Sauvignon 2009
Lorelle, Columbia Valley Cabernet 2011
Purple Moon, Merlot 2011
Purple Moon, Chardonnnay 2011
Horse Heaven Hills, Cabernet 2010
Lorelle, Horse Heaven Hills Pinot Grigio 2011
Avignonesi, Montepulciano 2004
Lorelle, Willamette Valley Pinot Noir 2011
Villa Antinori, Toscana 2007
Mercedes Eguren, Cabernet Sauvignon 2009
Lorelle, Columbia Valley Cabernet 2011
Purple Moon, Merlot 2011
Purple Moon, Chardonnnay 2011
Abacela, Vintner's Blend No. 12
Opula Red Blend 2010
Liberte, Pinot Noir 2010
Chateau Ste. Michelle, Indian Wells Red Blend 2010
Woodbridge, Chardonnay 2011
King Estate, Pinot Noir 2011
Famille Perrin, Cotes du Rhone Villages 2010
Columbia Crest, Les Chevaux Red 2010
14 Hands, Hot to Trot White Blend

The Occasional Book

Saul Bellow - Mister Sammler's Planet
Phil Stanford - White House Call Girl
John Kaplan & Jon R. Waltz - The Trial of Jack Ruby
Kent Haruf - Eventide
David Halberstam - Summer of '49
Norman Mailer - The Naked and the Dead
Maria Dermoȗt - The Ten Thousand Things
William Faulkner - As I Lay Dying
Markus Zusak - The Book Thief
Christopher Buckley - Thank You for Smoking
William Shakespeare - Othello
Joseph Conrad - Heart of Darkness
Bill Bryson - A Short History of Nearly Everything
Cheryl Strayed - Tiny Beautiful Things
Sara Varon - Bake Sale
Stephen King - 11/22/63
Paul Goldstein - Errors and Omissions
Mark Twain - A Connecticut Yankee in King Arthur's Court
Steve Martin - Born Standing Up: A Comic's Life
Beverly Cleary - A Girl from Yamhill, a Memoir
Kent Haruf - Plainsong
Hope Larson - A Wrinkle in Time, the Graphic Novel
Rudyard Kipling - Kim
Peter Ames Carlin - Bruce
Fran Cannon Slayton - When the Whistle Blows
Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
Jenny Lawson - Let's Pretend This Never Happened
J.D. Salinger - Franny and Zooey
Charles Dickens - A Christmas Carol
Timothy Egan - The Big Burn
Deborah Eisenberg - Transactions in a Foreign Currency
Kurt Vonnegut Jr. - Slaughterhouse Five
Kathryn Lance - Pandora's Genes
Cheryl Strayed - Wild
Fyodor Dostoyevsky - The Brothers Karamazov
Jack London - The House of Pride, and Other Tales of Hawaii
Jack Walker - The Extraordinary Rendition of Vincent Dellamaria
Colum McCann - Let the Great World Spin
Niccolò Machiavelli - The Prince
Harper Lee - To Kill a Mockingbird
Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
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
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt

Road Work

Miles run year to date: 345
At this date last year: 211
Total run in 2013: 257
In 2012: 129
In 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269


Clicky Web Analytics