Foreclosure Rates in Salem Increase

To Anonymous: After reading your comment I did a little Internet search on AIG and found the following article regarding their problems http://www.dailyfinance.com/2009/07/31/after-182-billion-taxpayer-rescue-is-aig-on-the-verge-of-colla/. It does look likely that AIG is going to need another multibillion bailout, and that they lied about the extent of their troubles. The deregulation done under President Clinton allowing banks, insurance companies, and brokerage firms to function in other areas has come home to roost. As you pointed out Goldman Sachs was a big Obama supporter. And while the deregulation that has caused the downturn was done under a Democratic administration, this is not a partisan issue. Both Republicans and Democrats in Congress and elsewhere have received pocketfuls of ‘dirty’ money. In 2000 Bush promised a smaller more humble government with less foreign intervention. Look what we got! Obama promised to end the war in Iraq, transparency, to close Gitmo, and to end torture. We've had slow moves out of Iraq (with huge expansion in Afghanistan), some transparency, but not much; he's working on closing Gitmo, but at the same time appears to be building a Gitmo like detention center at Bagram Air Force Base in Afghanistan, and while torture has supposedly been ended, rendition (sending suspects to foreign allies who do torture) is still available. We are better off than under Bush, but not as much as we could and should be.

"Anon: Easy to see what's reality, if one will but look, listen and learn. Unless one defies, denies, and hides behind anonymous statment as in "nattering nabobs of negativity." Here's Oregon Governor on public record: (Excerpt: see entire statement in state press.) "Some are asking why we're not seeing more projects or more jobs, but Oregonians must know that we are at the beginning, not the end of this story. We are entering month six of a three-year investment and we are starting to realize the benefits of these investments. These investments are helping meet real needs in our communities and help Oregonians across the state through the creation or identification already of more than 5000 jobs. Oregon would be in a much more dire situation had Congress and the president not made the Recovery Act one of the first actions on their agenda this year. This legislation provided Oregon a parachute for what was a free-falling economy. While the Recovery Act alone is not the answer to this global economic crisis, it remains an important part of a national strategy to help our country and states begin the path toward recovery and back to a period of prosperity." --------------- After 40 years of distorted political policy, can we not count on at least a year or even two of remediation ? Patience will win over rash radical Constitutional attack every time. Cheney set up that attack from his earliest days in Congress, glorifying the royal rights of imperial Presidency, concept killed in early Colonial days.

And, AIG failing...AGAIN! after 182 billion, and 140 million in bonuses. Between this, and the unethical trading practices of Goldman, the only ones benefiting from the bailout is...well. goldman sachs. And they aint lendin baby. It looks as the the millions they gave for obama's campaign turned out pretty well for them. It would take a blind person to not see who is actually running this country. Banks not divulging the true amount of foreclosures, And, it turns out the 2007-2008 bad news economic status was actually twice as bad as they let on. How badly are they fibbing for 2008-2009? Why 2 billion for 5000 more police? why all the overwhelming military training including military from other countries on U.S. soil? Federalization of police? Federal government ignoring states soverignty laws? Bigger government, expanded wars? They cant even organize the 'cash for clunkers" program and they want to take over health care? Somebody tell me what the heck is going on?