Exodus

Our legislators are so smart here in Oregon. How smart are they? Well, for starters the previous democrat leadership managed to jack our taxes up so high that businesses and families are moving out of Oregon and re-planting themselves across the river in neighboring Washington.

The liberal leadership were told time and time again that if measure 66 & 67 (measures to tax businesses to the stratosphere and families earning over $250k) passes, these businesses and families would get the hell out of dodge.

And get the hell out they are.
In 2010 alone, approximately 15,000 families beat feet from one of the highest taxed states in the union (Oregon) to the lower priced and affordable Clark County Washington.

Rumor has it the not so top heavy liberals are caving toward repealling measures 66 and 67.

While they are at it, they should consider dropping the 11% income tax rate down a few notches.

Better late than never.

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Unsustainable

Where do I start?

Let’s start with today’s May jobs report. Wow. Obama promised me Hope and Change. He promised you Hope and Change. He promised all of us Hope and Change.

If any of you hold any paper in the stock market, you sure did get some change. Probably about a 3-5 percent drop of your equity. I predict this is the beginning of a broader market slide. I’m bearish for the foreseeable future and won’t be at all surprised to see the dow bottom out at the 9200 level by November.
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