29 January 2013
The Umatilla County Libertarians is a Facebook group for Libertarians and other parties, like Democrats and Republicans, who are interested in Libertarian Principles and what is going on in Umatilla County. The group can be found by searching facebook for: "Umatilla County Libertarians". It is open to all to view, but to comment requires joining. Just ask!
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http://www.pendleton.or.us/
Over the last seven years Pendleton has been on a borrowing-and-spending binge. This has been implemented through the Pendleton Development Commission (PDC), a component unit of the City of Pendleton, and composed of the City Council members It was established seven years ago and has been borrowing from Community Bank and Banner Bank ever since . Its plan is to borrow money and then GIVE it to downtown businesses so that they can fix up their properties. Then, the city thinks they can raise taxes on these properties to pay for the loans.
This is against Libertarian Principles. Libertarians are opposed to public monies being used to benefit individuals, as an example, Al Plute received $460,000 to fix up his St. George Apt. (the old Temple Hotel.)
Libertarians also believe in private enterprise. Individuals who want to fix up their properties should go to the bank in their own car and borrow their own money. It is not the proper role of government to give businesses or non-proffit organizations money.
There is also a question of the viability of the cities repayment scheme of raising taxes. Already, one 'major corporation' is appealing its tax increase.
So far the PDC has been able to make their loan payments by borrowing even more! The PDC re-negotiated its debt with Banner Bank to borrow even more, from $1.5 million to $2.5 million at 5.5% and extended the repayment date to 9/20/2012. As of the date of the audit, there was only $1.825 million for repayment. So the repayment date was re-negotiated to 12/30/2012. This will probably come to a head in a year or two.
Within the link above is a letter from the PDC's auditor, Dickey and Tremper,LLP which states in part, "We noted certain matters that we reported to management of the Agency, in a separate letter dated December 21,2012." That letter has not been found to be publicly available.
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http://www.eastoregonian.com/
The East Oregonian had an article "Public library can't access its donations, money going to airport"
Libertarian Comment: Every year, the airport loses money. So every year, the losses are covered by borrowing from the library. They are at $640k. The Library wants their money back. The airport needs to borrow more....
.... where there is money, there will be sticky fingers. (We had better put the sewer fund under lock and key!)
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Breaking News 1/29/2013 Noon. William Sparkman and his Liberty on a road trip and are presently in Portland. It is rumored that he will be heading east on I-84 to cirlce back through Utah to the Great State of Texas. I (Mike Montchalin) sent him a note to see if he will stop in the Pendleton/Walla Walla/ Hermiston area. He was instrumental in returning the Libertarian Party to its founding principles at the 2012 convention in Las Vegas.
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Printed and distributed by Mike Montchalin at my own expense. On Facebook as Mike Montchalin mike.montchalin@gmail.com
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