Uncorking a new wine
Golfing for charity
Winery releases first vintage made with local grapes • BUSINESS, B1
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and the recession’s impact
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• November 17, 2010 50¢
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Earmark ban creates tension in each party
‘WELL-CAPITALIZED BANK’
Bank of the Cascades secures needed funds By Tim Doran The Bulletin
By David M. Herszenhorn
New York Times News Service
WASHINGTON — In leading his colleagues in a vote Tuesday to ban the lawmaker-directed spending items known as earmarks, Mitch McConnell, the Senate publ i A N A L Y S I S Re can leader and consummate congressional appropriator, averted a divisive clash within his caucus over the question of joining the new House Republican majority in enacting an earmark “moratorium” for the next Congress. Given how zealously McConnell has defended the constitutional prerogative of Congress to control the federal purse, his turnabout was also the surest sign yet that the rightward pressure of tea party groups, and an anti-spending sentiment among voters, have begun to influence the way Washington does business. At the same time, the renewed push against earmarks highlighted a potential conflict between the calls to eliminate the spending items and demands by many tea party supporters for greater fidelity to the Constitution. It is the Constitution, after all, that put Congress in charge of deciding how to spend taxpayer money. In pledging not to let individual lawmakers designate federal money for local purposes, the anti-earmark contingent is in effect ceding more power to the executive branch over how taxpayer dollars are spent, presumably not the outcome desired by the new crop of grassroots conservatives. “If Congress does not direct any spending,” said Sen. Kay Bailey Hutchison, R-Texas, who supported the earmark ban, “the president will have 100 percent of the discretion in all federal programs. The failed stimulus is replete with examples of the president’s earmarks that are wasteful.” See Earmarks / A5
Bend-based Cascade Bancorp, which has been operating under a federal order to raise capital for 15 months, announced Tuesday that it has agreements with private investors to raise more than enough to meet federal banking requirements.
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Andy Tullis / The Bulletin
A surge of panic At first, Paul Cook assumed it was some kind of joke. It was shortly after 7 p.m. on Monday, and the 71-year-old Bend man said he had just finished taking out the trash at the northeast Bend dental office where he works as a janitor. He had his keys in his hand and was about to unlock the door of his car when he heard a voice behind him. “Give me your wallet,” the man said. Cook turned around and
Bend man recounts robbery at gunpoint
scanned the dark parking lot, thought he looked young, maybut he couldn’t be in his 20s. see anyone. For He wasn’t very a few seconds, “It’s like you’re ready big — maybe he thought an about 5 feet, 8 old buddy of his to get shot. At that inches tall and was trying to be instant, I’m on the thin. The voice funny by giving was steady and ground, and I’m him a scare. calm. “Give me Then he thinking: ‘This is it.’” your wallet,” he heard the voice repeated. again, and for — Paul Cook, carjacking Cook pulled the first time, victim his wallet out of he said, he saw his pocket and a man, wearing handed it over. a hooded sweatshirt. It was hard When the man asked for his to make out his face, but Cook keys, Cook didn’t argue.
At some point, Cook realized that the man was holding a handgun. It wasn’t pointed in his direction, but it wasn’t exactly hidden, either. The man ordered Cook to lie down on the ground, and he quickly dropped to the pavement. As he lay on the cold pavement, he said, he listened to the man try to open the car door. For a moment, the man seemed confused, thinking another key on Cook’s key ring was meant for the Toyota Camry he was trying to steal. See Carjacking / A4
By Keith Chu The Bulletin
WASHINGTON — Senators, bank executives and experts at the U.S. Senate Banking Committee hearing Tuesday expressed grave concern about the ongoing foreclosure crisis and problems with the mortgage modification process. So far, though, the government solutions have done little to help Central Oregon homeowners, according to the largest homeowner advocate in the region, while the number of foreclosures in the area continues to lead the state. Following the hearing, U.S. Sen. Jeff Merkley, D-Ore., said a few simple changes by mortgage servicers would be big improvements — the most important would be an end to the “dual track” process, where companies process a homeowner’s mortgage modification at the same time it is starting the foreclosure process. See Mortgages / A4
Re-enactments sometimes find controversy in pursuit of WWII accuracy By Yeganeh June Torbati The Baltimore Sun
BALTIMORE — It was billed as light entertainment, a ride back to the 1940s on the Western Maryland Scenic Railroad complete with Abbott and Costello impersonators entertaining passengers during the annual “Cumberland Goes to War” festivities. But the inclusion of volunteers playing German soldiers and wearing uniforms bearing swastikas gave the excursion a far more somber feel, and sparked strong reaction from at least one passenger as Veterans Day approached. “There is no way to have a swastika, there is no way to have the Nazis, there is no way to have this presented that is not inherently offensive,” said Marcia Lurensky, a Washington lawyer who found the depiction of Axis soldiers deeply disturbing and insensitive. See Re-enact / A5
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Vol. 107, No. 321, 38 pages, 6 sections
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group, Moss said in a news release. Fellow banking executive Larry Snyder, president and CEO of High Desert Bank in Bend, said Cascade Bancorp’s stock sale is good news for the community, as well as Bank of the Cascades, which has about one-third of the market, he said. See BOTC / A4
Paul Cook, 71, of Bend, sits in his 2000 Toyota Camry, which he said was stolen Monday evening in an armed robbery outside his workplace, a dentist’s office in northeast Bend. Police recovered the car early Tuesday morning, a few blocks from where it was stolen.
The Bulletin
A ROYAL WEDDING: Prince William announces engagement, Page A3
and the Federal Reserve Bank, the amount will exceed the federal capital requirements that led to the federal consent order, Moss said. Along with exceeding the federal “well-capitalized bank” threshold, the stock sale will make the company one of the “best-capitalized community banks in the nation” in its peer
CARJACKING: ‘I’m not going to shoot you’
By Erin Golden
TOP NEWS INSIDE
“We’re very pleased,” said Patricia Moss, CEO of Cascade Bancorp, the parent company of Bank of the Cascades. “It’s a great thing for the bank and the community.” The company has reached agreements with investors to buy $177 million of its common stock, she said. If approved by shareholders
Merkley working to relieve mortgage crisis woes
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California town struggles with water purification By Scott Kraft
Los Angeles Times
SEVILLE, Calif. — The beige notice appeared on Becky Quintana’s doorstep one recent morning here in Seville, a century-old settlement nestled amid fruit and almond groves in the Central Valley. “Boil your water,” it warned in bold, capital letters. Alarming as that was, the blue “unsafe water alert” that came the next day was more worrisome: Don’t drink, cook or even wash dishes with the water — and don’t boil
it, because that just concentrates the nitrates. But, a day later, more pastelcolored circulars arrived. One canceled the do-not-boil alert. Another repeated the boil-it-first alert. A third said water pressure was so low that residents should use it only for the essentials. “People are really confused,” she told Britt Fussel, a Resource Management Agency engineer. “And not everybody got these notes.” “There must have been a miscommunication,” Fussel said,
promising to investigate. “But the water is safe to drink, as far as we know, today.” More than 1 million people in California live in places where tap water isn’t reliably safe to drink, and about a third of them are in small, mostly Latino towns such as Seville, in the San Joaquin Valley. Many residents of those communities ignore the often contradictory water-quality notices and spend extra money for bottled water for cooking and drinking. See Water / A5
Becky Jacquez empties her home water filter to show the algae, sand and debris that comes from the community water supply in Seville, Calif, in August. Don Bartletti Los Angeles Times