Go to the mobile version of this Web site.

Login | Contact Us | Site Map | Paid archives | Electronic edition | Subscription Questions | Extras

State of the State: Ritter calls for bipartisan effort on economy

Published January 8, 2009 at 11:08 a.m.
Updated January 8, 2009 at 11:08 a.m.

Text size  
Gov. Bill Ritter delivers the state of the state address  today at the State Capitol.

Photo by Preston Gannaway © The Rocky

Gov. Bill Ritter delivers the state of the state address today at the State Capitol.

Gov. Bill Ritter called today for legislators to turn a laser-like focus to jobs and the economy this session but also to begin a transportation funding overhaul and build upon his two-year renewable energy agenda.

In his third annual State of the State address, the Democrat implored Republicans and Democrats in his strongest terms yet to find bipartisan cooperation to move the state forward in this time of need.

"One hundred years from now, I want Coloradans to look back and see this as the turning point — the point when we set aside partisan politics and worked together as Coloradans and built a 'New Energy Economy,' a modern transportation system and the country's best education system," Ritter said.

The speech follows months of bad news about joblessness and declining tax revenues that has left Colorado with a projected $1 billion budget deficit over the next year-and-a-half. Legislators have been told by leadership that they should not expect to pass bills that cost large amounts of money.

Still, Ritter set forth an agenda of government action that he hopes will help to bring the state out of its recession. The centerpiece is a previously announced economic-development package that would offer tax credits to companies that create at least 20 new jobs and would revive a program that helps businesses get loans to expand.

On the topic of transportation improvements, which both parties have called crucial to economic recovery, Ritter did not cite specific ways to create more funding for roads. But he outlined a three-tiered plan to examine fee-increases and bond sales this year, explore creative strategies like public-private partnerships in the near future and then create a long-term funding system.

The governor also emphasized his continuing commitment to renewable energy as a way to help the economy. Citing bills that have been or are expected to be introduced, he said that new single-family homes should be constructed with capacity for solar energy and that wind and solar projects should be built at rural schools.

On education, Ritter pushed a plan to allow high school students to enroll concurrently in college and pursue degrees simultaneously.

And on health care reform, the governor repeated his recently announced plan to assess provider fees on hospitals and leverage the revenue to put more than 100,000 Coloradans on public health insurance.

"We must not give in to partisan politics," he told a joint assembly of the House and the Senate in House chambers. "We must not let cynicism win out over hope. We must not let fear win out over faith."

The address came one day after House and Senate leaders from both parties gave their opening-day speeches. In those, Democratic leaders urged bipartisan cooperation and outlined broad goals while GOP legislators offered more specific plans and warned against attempts at raising taxes or fees.

TIMELINE:

A timeline of Democratic Gov. Bill Ritter's third state of the state speech Thursday morning:

11:10: Begins.

11:13: Goes off script for the first time, mentioning Sen. Dan Gibbs is absent as the Silverthorne Democrat is helping fight the Boulder fire.

11:14: Stresses bipartisan cooperation to deal with the "tough economy."

11:15: First of several mentions of the new administration and a stronger partnership with the federal government, a theme that makes Republicans nervous.

11:16: Receives his first and only standing ovation in midspeech, when he praises his wife, First Lady Jeannie Ritter.

11:18: Starts nuts and bolts of speech, beginning with achievements.

11:20: Reveals in discussion of the economy that several members of his large, extended family — he was one of 12 siblings — have lost their jobs.

11:26: Says economic downturn is a chance to address the Taxpayer's Bill of Rights and other "straightjacket" measures that make modern budgeting an "impossibility." Democrats and Republican Sen. Al White of Hayden clap, but most Republicans sit stone faced.

11:30: Talks about the "new energy economy," a phrase he uses 11 times throughout the speech.

11:33: Praises work of oil-and-gas commission in finalizing new rules for energy development. Some Republicans, who believe the rules are so restrictive they'll kill jobs," look at each other in disbelief.

11:34: Switches to transportation, gets applause from Senate Minority Leader Josh Penry of Grand Junction when he says "We're trying to run a 21st-century funding transportation system on a 20th-century funding model that's no longer sustainable."

11:37: Focuses on education, conceding reforms are difficult in a bad economy but "we can't shortchange hope."

11:39: Unveils health-care plan to move more than 100,000 Coloradans off the rolls of the uninsured.

11:42: Begins wrap up, saying "We must not give in to partisan politics."

11:45: Receives the customary standing ovation from both sides of the aisles when the speech ends.

— Lynn Bartels

Comments

  • January 8, 2009

    11:37 a.m.

    Suggest removal

    Miseslover writes:

    As I sit here listening to Ritter talk, I remember why I never listen to elected officials talk----99.9% of them are completely ignorant of economics.

  • January 8, 2009

    11:44 a.m.

    Suggest removal

    leavemealone writes:

    So bad.....

    GOVERNMENT STAY OUT!!!

  • January 8, 2009

    11:49 a.m.

    Suggest removal

    LOUIE writes:

    Hey, why don't we allow Colorado banks to print our money for the state of Colorado? We don't need gold just paper and printing presses, and let the state banks form a federation of private banks for the purpose of printing paper money just like the federal government did/does. Oh, that's right, states did do that and went broke. That why our U.S. constitution says no state shall consider anything but gold and silver as legal tender. I guess the federal government will just have to learn like the states did. Sad thing is we have no gold to return to, Clinton sold off all our nations reserves except for 70 billion. Let see, 700 billion in bailouts, a trillion in stimulus packages, and only 70 billion in gold left. Yes, it's time the state banks copy the Federal Reserve's private banks, and print their own money, we don't need anything to back it, just ink, paper, presses and politicians and bankers. Sound great to me! Fiat currency anyone? America has no reserves left, the jobs are ending, manufacturing is all but gone, and the very politicians who led you down this path are meeting to fix the problem. Oh ye of little faith...

  • January 8, 2009

    11:49 a.m.

    Suggest removal

    gallegoi writes:

    Those two guys in front of the podium look real enthused.

  • January 8, 2009

    11:54 a.m.

    Suggest removal

    LOUIE writes:

    GALLEGOI, you're right, and the ones behind the podium have reason to be grinning, their getting payed without a worry in the world except how to get re-elected and keep the gravy train flowing on down the tracks.

  • January 8, 2009

    12:06 p.m.

    Suggest removal

    Timberline writes:

    "Ritter did not cite specific ways to create more funding for roads. But he outlined a three-tiered plan to examine fee-increases and bond sales this year"

    Fee increases? this means find new and more ingenious ways to steal your money in the form of hidden fees/taxes. My cell phone bill alone is taxed at 20% and rising! Here's an idea Tax Critter, take a 25% pay cut for you and your incompetent staff, there's a great start!

  • January 8, 2009

    12:07 p.m.

    Suggest removal

    KCharles writes:

    Maybe you should run then, LOUIE. You guys drive me crazy bashing politicians, but never lending anything toward civic solutions. Its really easy to sit back and complain and never do anything.

  • January 8, 2009

    12:08 p.m.

    Suggest removal

    Diff writes:

    LOUIE-
    What are you yammering on about?
    The US has dropped the gold standard - backing of our currency a very long time ago. Were did you get the information that Clinton sold off the nations gold reserves? I thought you last line would be something like "THE END IS NEAR"
    It never fails to amaze me, how some people go off running their jaw with out first engaging their brains - and than probably start believing their own BS!

  • January 8, 2009

    12:11 p.m.

    Suggest removal

    ILoveChipotle writes:

    Ritter might as well have said "One hundred years from now, I want Coloradans to look back and see this as the turning point — the point when we set aside our common sense, and our hard earned money and worked together as Coloradans and built a 'New Energy Economy"

  • January 8, 2009

    12:20 p.m.

    Suggest removal

    KCharles writes:

    Chipotle- What do you think it took for generations before us to build a train infrastructure, or a highway system, or the sewer system you use to flush your bile?

    Oh, I guess their money wasnt hard earned

  • January 8, 2009

    12:21 p.m.

    Suggest removal

    cdmdenver writes:

    YOU CAN COUNT ON ONE THING...

    Someone is going to pay for all these NEW
    Projects! Selling Bonds and New Fee's
    are just the start, but to be fair the roads
    and bridges in Colorado is a Good start.
    Natural Gas, and Shale are good potential
    money makers, hopefully one of these Big
    Business groups in Colorado will step up
    provide LEADERSHIP, and jobs to get
    Colorado in a leading role to recovery
    here in the U.S.

  • January 8, 2009

    12:28 p.m.

    Suggest removal

    Willy writes:

    Miseslover writes:

    As I sit here listening to Ritter talk, I remember why I never listen to elected officials talk----99.9% of them are completely ignorant of economics.

    BINGO - WE HAVE A WINNER

  • January 8, 2009

    12:32 p.m.

    Suggest removal

    KCharles writes:

    All of you simply blow me away! We are in two wars, we are in or headed toward a depression. Looking back at our history, I can see that we may have to sacrifice and build our way out of this. All of you drive your HUVs to the mall with your "support our troops" stickers on the bumpers & will never sacrifice a thing.

    You all just cry about how we are going to have to pay for this or that. Cowboy up! Stop crying, and maybe we can do our heros of the "greatest generation" proud.

  • January 8, 2009

    12:32 p.m.

    Suggest removal

    Timberline writes:

    Yes KCharles, but roads and trains systems were not built BASED on a "global warming" scam/threat like this new liberal biased energy industry that they want US to pay for and profit from.

  • January 8, 2009

    12:37 p.m.

    Suggest removal

    KCharles writes:

    Cartmn- No, they were built to cart the coal that "isnt" causing global warming. The coal that has heated your house! & somebody paid for it.

  • January 8, 2009

    12:38 p.m.

    Suggest removal

    KCharles writes:

    Willy- BINGO WE HAVE A WHINER

  • January 8, 2009

    12:42 p.m.

    Suggest removal

    ou8one2 writes:

    Democrap bipartisanship= Create havoc, destroy the economy, undermine social morals and values, don't enforce the laws or constitution, and then blame the Republicans when everything collapses.

  • January 8, 2009

    12:43 p.m.

    Suggest removal

    Cwillyrun1 writes:

    Ritter says he's concerned about transportation, but keeps reducing the budget for transportation each year. How is transportation funding supposed to be there when the Governor keeps failing on that issue? Even trying to make oil and gas companies pay for transportation funding didn't work in the last election. So what's next? We'll end up seeing more toll roads, or toll lanes....... and the reason they popped up to begin with was to reduce congestion but ultimately it only increases congestion because there's no addition of lanes that most people could actually use.

  • January 8, 2009

    12:59 p.m.

    Suggest removal

    Willy writes:

    KCharles - Name one high profile person in politics that knows squat about how the economy works.

  • January 8, 2009

    1:04 p.m.

    Suggest removal

    ILoveChipotle writes:

    KChuck - trains tracks & sewers were built because there were none & they were needed. We already have an energy economy that is cheaper and more efficient than the "new" energy economy. Why should we be forced to accept an inferior, more expensive product because it makes hippies feel better?

  • January 8, 2009

    1:05 p.m.

    Suggest removal

    Timberline writes:

    Damn feel good hippies! lol

  • January 8, 2009

    1:06 p.m.

    Suggest removal

    LOUIE writes:

    DIFF, under Clinton, the U.S. along with Europe dumped metric tonages of Gold from their reserves on the market, it depressed gold all the way down to a low just under 300 an ounce. Upon coming to office Bush was forced to sign legistlation in 2001 so America's treasury could buy silver on the open market as we no longer have any silver reserves and only 70 billion in gold. At the time when the bullion was being sold, China was buying it up cheap as there was a glut on the market keeping the price cheap. I along with my family were buying the actual metal at this time. Today, China now has the largest reserves in the world. The west having gone off the gold standard and closing the window in 1969, found little reason to maintain such massive reserves since our currency was no longer back by bullion. Thus under Clinton the U.S. joined the Europeans and sold off most of our/ their reserves. Today, America only has 70 billion left. Look it up, I did once before for another poster about a year ago here on the RMN, who didn't believe me and he was amazed at what he saw. The other part of the post is history. State banks once printed their own currency and went broke. Thus in the U.S. constitution it states clearly no state shall consider anything but gold and silver coin as legal tender. In that same constitution you will find no mention of Federal Reserve notes as being legal tender. Thus I brought this to light, because today the Federal Reserve banks are doing exactly what the state banks once did. Problem is with the depletion of our reserves to only 70 billion on the books, America couldn't return to the gold standard if it wanted to. Thus we are printing paper with nothing behind it but 12 private banks called the Federal Reserve. You trust politicians and perhaps even favor a particular party; I think they sold America out. I'll get back to you tomorrow if you need the sites as it take me time as it did before to look them up again as I had to for the other poster a year ago.

  • January 8, 2009

    1:07 p.m.

    Suggest removal

    KCharles writes:

    Paul Douglas! The greater question is, why dont any of the self proclaimed economists that spout off here run for office?

  • January 8, 2009

    1:13 p.m.

    Suggest removal

    LOUIE writes:

    DIFF, research what I said before you hurl your insults, if I have to I'll go home tonight and put up the sites, most are government, some from the media archives. I like people who hurl insults with little or no understanding of what was being said. We, my family, made a fortune because of the sell off as gold hit a 1000 last year and sits over 800 as we speak. It was under 300 when the Clinton administration along with the European banks and governments were dumping the reserves on the open market. We were buying it up as well. Does this help a bit DIFF?

  • January 8, 2009

    1:21 p.m.

    Suggest removal

    LOUIE writes:

    KCHARLES, with an 8th grade education and being a felon, would you trade my record for theirs?LOL!~ My family has made it's fortune and continues to do so, we contribute to the various candidates as well. This bad economy will make us even greater revenues as it did under Carter, and the late 80's. 8th grade education, no one in the entire family went to college except my oldest daughter who graduates in medical next May. For all the millions my family has made, that's not bad coming from our educational backgrounds. You'll see our advertisements everywhere, but I really don't care to have you know who I am.

  • January 8, 2009

    1:31 p.m.

    Suggest removal

    jay writes:

    lol...conspiracy theories about the fed reserve aside, ritter is right.

    we're seeing the worst economic conditions since the great depression.

    if you can't put partisan hackery aside long enough to help then at least do us all the favor of staying out of the way.

  • January 8, 2009

    1:34 p.m.

    Suggest removal

    KCharles writes:

    you're quite a mystery LOUIE. I was about to tell you that I appreciated your response. I the system we have now has no backing for certain. It is a note passed from one bank to the other, each making more imaginary money in the process. Creating debt for all of us wage slaves.

    However, now I'm somewhat reluctant to fan the flames of your longwinded self gratifing diatribe of leagal tender. I restist only because I fear that though you may in fact be a million dollar mystery man, I have a funny feeling that instead you might just be eating PBJs your mom made for you, hoping you might find a job this week, while you type on your computer in your room in the basement with the door close.... the door that bears the sign, "keep out! MOM THIS MEANS YOU."

    I digress.

  • January 8, 2009

    1:40 p.m.

    Suggest removal

    KCharles writes:

    YA!!! lets keep our focus away from our pocketbooks! Cause we arent going to pay a dime for roads or bridges or new energy sources or education, infrastructure or any of those lame ideas!!! Please, freeman has to save up for MADDEN 2010, and crtf has a trip to the mall or maybe a cool flat screen planned for his tax return check.

  • January 8, 2009

    1:42 p.m.

    Suggest removal

    happymike44 writes:

    Welcome to the big top except this clown is in charge of the state finances.
    Maybe he should be following the elephants around with a shovel.
    Because that is how much sense he makes.
    We are in a recession so let's tax the people some more.
    Never mind big oil drained us all dry with 4 dollar a gallon gas.
    Now the people have no money and yet government wants to reach into our pockets
    This clown needs to go back to clown college and quit taking from the poor taxpayer.
    If these guys want to help the people work pro bono.
    This will really prove your not the azz clown after all.

  • January 8, 2009

    1:47 p.m.

    Suggest removal

    KCharles writes:

    happymike doesnt really like clowns

  • January 8, 2009

    1:50 p.m.

    Suggest removal

    HopiMedicineMan writes:

    Ritter wants to save Colorado’s economy with a commodity proven to fail everywhere it’s tried except as a secondary resource. Ritter and the Hat placed 77-thousand acres of prime natural gas property off limits to save…the view.

    Government is at the end of its ability to nourish the economy. Without allowing production of basic industries, our goose is cooked, and I’m not talking mere great depression. Two things are different. We’re 40-grand per capita in debt, with more coming. We’ve been importing our energy since 1973. No alternative in that time has succeeded. It’s time to drill and stop fooling around with fairy tales.

    Government has destroyed production in every industry, except law. And lawyers are quickly running out of fat cats to sue. AIG, the last deep pocket, is proof of that. We’re one step from litigation awards paid for with direct government IOUs.

    So Ritter is part of the problem, not offering serious solutions, or any solutions for that matter. He and the Hat strike me much as really dim bulbs.

    The left thinks the savior of the economy is sitting in strong boxes under the beds of multi-millionaires, greedy, cruel men who hoard gold, guns and Bibles. The left counts on being able to force an evening of the wealth. Trouble is there are no strong boxes, only the financial markets which are working in reverse to even the wealth. What a cruel joke on those who drank the cool aide.

  • January 8, 2009

    2 p.m.

    Suggest removal

    Timberline writes:

    Jay writes:
    "if you can't put partisan hackery aside long enough to help then at least do us all the favor of staying out of the way"

    Yeah, so your boys can try to pass a few more global (multi billion $) warming bills? I wonder how many alternative energy CEO's are in Obama or Critter's pocket? Does this remind anyone of Bush with the Big Oil Lobbyists? But then again, Bush didn't mandate tax revenue to go towards oil production.

  • January 8, 2009

    2:03 p.m.

    Suggest removal

    Timberline writes:

    KCharles,

    I'm spending my tax refund on a new wood buring stove and a big screen, what do you care what I spend MY money on anyway?

  • January 8, 2009

    2:06 p.m.

    Suggest removal

    leavemealone writes:

    Government is THE problem.

    Government needs to get back to basics.

    Ritter, go blow some snow.

  • January 8, 2009

    2:10 p.m.

    Suggest removal

    leavemealone writes:

    KCharles sounds like a government employee!

  • January 8, 2009

    2:14 p.m.

    Suggest removal

    leavemealone writes:

    KCharles writes:
    "Maybe you should run then, LOUIE. You guys drive me crazy bashing politicians, but never lending anything toward civic solutions. Its really easy to sit back and complain and never do anything."

    & the reason KCharles is the government & you politicians need to stay the heck out of the way. Government creates way more problems than it solves.

    Career politicians make me sick!

  • January 8, 2009

    2:19 p.m.

    Suggest removal

    KCharles writes:

    cartman- I dont really care what you spend your tax return on. But, its funny to me that all you consuming conservatives want your wordburning stoves and flat screen tvs but you dont want to invest on the mode in which those things are made available to you. You all sit there and corner the market on "patirotism" but your not willing to invest in our country.

    someone has to pay for the sidewalks and alleys you roll your cart up and down everyday.

  • January 8, 2009

    2:20 p.m.

    Suggest removal

    jay writes:

    hopi, at some point you're going to have to share that "medicine".

  • January 8, 2009

    2:21 p.m.

    Suggest removal

    KCharles writes:

    I am the government?

  • January 8, 2009

    2:22 p.m.

    Suggest removal

    Timberline writes:

    jay writes:

    "hopi, at some point you're going to have to share that "medicine"."

    Why so you can tax it?

  • January 8, 2009

    2:22 p.m.

    Suggest removal

    Triumph writes:

    KCharles must be a shill for Bill &Tax Ritter. Aren't we paying through the nose already in taxes. Denver and Colorado tax rates are some of the highest in the nation, not to mention the user fees and rates from license plates to a fishing and hunting license. Don't forget we are also paying for someone elses football stadium. A dime here and a dime there adds up quickly.

    Besides what concern is it of yours if someone buys a big screen TV with their tax refund? What do you want them to do? Sign it over to Ritter so he and the rest of the politicians can squander it on their slush funds.Just like the original taxes we payed to pay for the infurstucture and other services that they have neglected even before the economy went south.

    KCharles you are more than welcome to pay some more through the nose but keep your nose out of our finances.
    While you are at it, Chill out you big whiner!

  • January 8, 2009

    2:24 p.m.

    Suggest removal

    Chacmool writes:

    Democratic Governor and Legislature, 2 years of Democratic Congress, majority of Governorships and Legistatures, and a lame duck president. Who's watch is this on? It is all on the "government fixes all problems" crowd's watch now. How soon before you fix all of the world's problems? Maybe by 9/11/09? Or will you just "see what you believe", like a good cult member, and claim everything is now OK?

  • January 8, 2009

    2:26 p.m.

    Suggest removal

    Faux_Noise writes:

    LOUIE,

    The first time you mentioned your "Clinton sold our gold" nonsense, I went and looked it up and found nothing. Zero. Zip. Nada. Zilch. I googled "Clinton sold US gold reserves." What did I miss?

    I eagerly await your documentation, but don't expect it, as you have little credibility. Case in point, Nixon unilaterally took the US off the gold standard in 1971, not "the west went off...in 1969." You're wrong about that historical point, and I find no evidence of your other claims.

  • January 8, 2009

    2:32 p.m.

    Suggest removal

    LOUIE writes:

    KCHARLES, thanks for the digression there. No, I am worth nothing personally speaking. I was taken in and made a member of a very wealthy family when I got out of prison 20 years ago. I am only as good as the family. The head made each of his sons do and own or run a business, me included. At one time we had 7 businesses up and running in Denver. We own commercial properties as well. It's fun. My mother? She was a fed, shame isn't it? I live very low to the earth, I owe no one, live in a little HUD house my wife and I bought many years ago. My family truly is worth millions, but I'm just a schlep who like my brothers must do the father's bidding. Money traps us, figure we'll work till we die. My wife says I'm just a glorified bum. My brother's wife once called us all lazy as we make money having a great time. She's his ex now, and my brother still gives her money as she can't make it on what she makes. It was either this or flip burgers! LOL!~ No, we work in gold, diamonds, rare pieces, historical documents, antiques, jewelry, stocks. We also had a couple of restaurants years ago, Restaurant is low money for a lot of hard work. I love what I do, all I ever lacked in life was a real family, today I have it. But I'd like to say more, but it too would be nothing but self gratifing diatribe. I just took in a bunch of gold coin a few days ago. A lot of people are buying silver as well, mostly the old morgans. People are scared. If you go to www.globalfirepower.com you can look under gold reserves by countries and see just how far the U.S. has fallen. I think in the next few years we may even see 10 to 14 % unemployment. With gold sitting over 800, many are selling the family hierlooms just to have cash on hand. I bought in when it was at 300 an ounce under Clinton. My brother dropped a bit when it hit 1000. I'm still holding as I want to maintain some diversity. My old broker at Presidential, tried to keep me, but I shifted into a real conservative portfolio. I haven't loss money in the market, but I am not making a lot either as I parked quite of bit. Our businesses on the other hand are doing great, as it get worse our profits improve. Some months ago, Wall St. did a huge article on our profession. It's recession proof, but it is hard because so many are hurting and I often have to seperate my feelings from what I do. But I wish I was in my room with "MOM STAY OUT" on the door eatting a PBJ. That was good, my brother laughed real hard at that one! Thank I owe you an insult someday pal!

  • January 8, 2009

    2:32 p.m.

    Suggest removal

    KCharles writes:

    The truth is, leavemealone, that all of us are the goverment. thats what democracy means. If you dont like career politicians vote them out, start a term limit ballot initiative, or run yourself. But, you would rather complain about how stupid the people are that care enough about our community and country that they are willing to run and lead.

    So i guess you will continue to baracade yourself in your garage and hype yourself up as a modern day Thoreau. Instead of leading some sort of representation for taxtion or tax accountabilty movement you would rather put a "beware of dog" sign on your fence and a "fear this" sticker on your truck to make everyone believe your a tough guy.

  • January 8, 2009

    2:39 p.m.

    Suggest removal

    KCharles writes:

    LOUIE- ok ok, you're doing a fine job of making me feel like a schmuck. You're supposed to give me a comback, not make me teary eyed reading your wonderful life story.

    I'm starting to think you're a good guy, but whats that got to do with the article?

  • January 8, 2009

    2:40 p.m.

    Suggest removal

    Timberline writes:

    KCharles,

    Actually, I don't have to pay to burn dead trees, and never have. It's a great source of renewable energy! I have no problem investing in necessities like roads, schools, sidewalks, or "shopping carts", however I have do have a problem investing in a scam like global warming. Don't get me wrong, I think renewable energy is great, but taxing US citizens in the name of global warming isn't fair! Just like you wouldn't think it's fair to use federal money on a new coal burning power plant, which is privately funded.

  • January 8, 2009

    2:45 p.m.

    Suggest removal

    LOUIE writes:

    FAUX, go to WWW.GLOBALFIREPOWER.COM, our gold reserves have dwindled down to being only 188 billion at best, 70 billion at minimum. It wasn't just Clinton to be fair, it's been going on since the gold window closed. Lyndon Johnson administration was said to have sold quite a bit. another site as I have to go a spend the time again (knew this was coming) on silver is http://www.beginnermoneyinvesting.com... , it will explain we no longer have any silver reserves period. Give me a day FAUX, as for gold, our reserves have gradually been depleted since 1969. Clinton didn't sell all of that depletion, so I do stand corrected on that. Give me a bit to pull it up.

  • January 8, 2009

    2:49 p.m.

    Suggest removal

    LOUIE writes:

    Some reason it won't print the rest of beginner money investing site which continues com./html/silver_usage_in_the_us.htm

  • January 8, 2009

    2:50 p.m.

    Suggest removal

    KCharles writes:

    FRN4U writes:

    KCharles,

    You seriously need spell check and an elementary book or two
    on the functions of government and (history of) central banking.
    Probably was not available education in the Ozarks.

    LOL... you're right about the spell check...

    You're probably right about my ignorance, how stupid of me to think that getting involved in civic action is a better solution for our economic woes than blogging. I mean one would think that all Ritter needs to do to fix the mess is simply read the banter of the RMN bloggers. Or bettere yet, just listen to the non-Ozark educated FRN4U.

  • January 8, 2009

    2:51 p.m.

    Suggest removal

    LOUIE writes:

    Can't get the site to print it out either. Give me a bit as I am not computer literate.

  • January 8, 2009

    3:04 p.m.

    Suggest removal

    KCharles writes:

    FRN4U- give me a break on your pius attempt at intellectual superiority. Our "constitutional republic" has demcratic elements. such as "electing" representatives.

    semantics

    Man, I thought you'd comeback with something better.

  • January 8, 2009

    3:13 p.m.

    Suggest removal

    LOUIE writes:

    FAUX, the head of this accusation is the GATA; they are accusing the government of putting the gold reserves into play. Let me look further

  • January 8, 2009

    3:21 p.m.

    Suggest removal

    KCharles writes:

    cartman- I'm glad that you're into wood burning, me too. And I would support the government funding a clean coal fire plant or research into clean coal possibilities or finding new energy sources in tidal technology or wind or solar or all of the above. Not entirely for the reason of global warming, but because we need new energy sources.

  • January 8, 2009

    3:24 p.m.

    Suggest removal

    LOUIE writes:

    FAUX, http://highbeam.com/doc/1P3-264446341... for more on the silver order Bush signed.

  • January 8, 2009

    3:32 p.m.

    Suggest removal

    KCharles writes:

    IndigoBlue- interesting.... you're whining about your nose, and something coming out of it...

    and I need to chill out and stop whining?

    I'm sorry about your nose. Its going to be ok.

  • January 8, 2009

    3:47 p.m.

    Suggest removal

    LOUIE writes:

    FAUX, Global Firepower . com under finances click on reserves, so far it's the only site where I can show the shift in gold reserves globally. They site a CIA factsheet as the source. It's not just Clinton, it's been every administration since the window was closed. England and the Swiss were the last major dumps of reserves in the 1990's. Clinton actually exhausted most of our silver reserves, as Bush had to sign the order so the treasury could buy on the open market. As for the gold, you may be right, I won't be able to prove who as much as where the gold power and reserves have shifted. Still we are writting a 700 billion dollar bailout, a trillion more in stimulus packages, with anywhere from 70 billion in gold with no silver, to maybe as much as 188 billion in gold reserves. The GATA wants a truthful accounting of the gold as they say it hasn't been auditted in over 60 years or half a century, the government has thus far refused. I had another site a year ago that was excellent, but it;s been removed. Closing the gold window and printing money out of thin air is extremely unsound. It's damn near a fiat currency only lacking in the government setting it's value to truly be. Japan has also increased her gold reserves since I last looked. Look how far we are down the list today. With no silver reserves, do you think we could counter a move like the Hunt Bros. did years ago? We have none to dump on the market to drive the price down. Granted what they did brought criminal charges, but the point being bullion reserves are very important I believe in relation to the dollar even with the window closed. 80 billion in gold, no silver, printing paper like no tomorrow and giving it away at a .25% prime lending rate won't work.

  • January 8, 2009

    4:09 p.m.

    Suggest removal

    LOUIE writes:

    FAUX, I found part of it but you'll have to scroll down though the pages, http://mineral.usgs.gov/minerals/pubs... I'll try to find the original document of the selling of gold reserves, but this will help a bit. It was not only Clinton, that's true!

  • January 8, 2009

    4:14 p.m.

    Suggest removal

  • January 8, 2009

    4:26 p.m.

    Suggest removal

    LOUIE writes:

    You have to use the google search engine as the RMN won't work. Just type in Au Gold USGS, and that should get you to the above site FAUX.

  • January 8, 2009

    4:30 p.m.

    Suggest removal

    bobby_b writes:

    Ritter is such a disappointment. Time for someone new in 2010!

  • January 8, 2009

    4:33 p.m.

    Suggest removal

    LOUIE writes:

    Done for today FAUX, there was also some articles on the treasury selling gold in the Wall St. Archives as well. Hope this helps you FAUX. See I read a lot, and my information comes from many places. I like government sites best for things like this but it's hard to find it and I should have wrote it down. But the sites I've given should help you some. Silver is easier, and I'm sure you saw where we have no reserves left, Gold is trickier. but these sites above should help. Thanx for making me look this up, I am going to see if I can find you better documentation FAUX. Have a great day! :>)

  • January 8, 2009

    4:46 p.m.

    Suggest removal

    LOUIE writes:

    Ritter? He's a democrat and I'm a conservative, I voted for the man simply because I couldn't trust his opponent Beuaprez. Lot of things I don't like about Ritter, especially trying to gut TABOR and raise taxes, but I still feel he's done a fair job in office even for a democrat. He's not scared to say what he believes. I had no trust in Beauprez, I can trust Ritter to be up front when screwing me, that takes courage! LOL!~

  • January 8, 2009

    4:47 p.m.

    Suggest removal

    GunnyBob writes:

    So the Democrat-controlled legislature and Ritter drove our state's economy into the toilet and now Ritter wants legislature Republicans to help get them out of this mess.

    Got it.

  • January 8, 2009

    4:55 p.m.

    Suggest removal

    jay writes:

    "the Democrat-controlled legislature and Ritter drove our state's economy into the toilet"

    LOL.

    gunny, don't quit your day job.

    you'll get called out on that kind of ignorant rhetoric around here.

  • January 8, 2009

    5:24 p.m.

    Suggest removal

    jbowen43 writes:

    Sounds good to me, but as usual the moss back republicans don't have clue about anything not on their personal agendas. As for economics most of the republicans economic myths were proven false years ago by none other than Ronald Reagan, but he was too ignorant to realize it, as are nearly all of his fans.

  • January 8, 2009

    7:41 p.m.

    Suggest removal

    Anoldguy writes:

    "The centerpiece is a previously announced economic-development package that would offer tax credits to companies that create at least 20 new jobs..." That's really weird. Businesses should create jobs to get a tax credit? Hire people to do jobs otherwise not required except for getting a tax credit? If the business needs more staff because of the demand for their goods or services, then they will hire some folks. The incentive for creating jobs is the possibility of increased PROFIT! The Governor, the President, and the rest of government should get out of the way. Oh, wait a minute, I'm sorry, I forgot , that's all a myth...

  • January 8, 2009

    8:22 p.m.

    Suggest removal

    Uno writes:

    “bipartisan cooperation” – Riddler’s code word for you better do as I say. By the way, a hundred years from now when Colorado is part of an overpopulated third world country, no one really will know or care who CRitter was.

  • January 8, 2009

    8:26 p.m.

    Suggest removal

    Now_You_Know writes:

    bipartisan

    Why do people on the right hate that word?

  • January 8, 2009

    9:20 p.m.

    Suggest removal

    Faux_Noise writes:

    Thanks LOUIE,

    We could debate the merits of going off the gold standard, but I don't have the knowledge of the subject matter to participate adequately. If it is a bad thing, at least we now know that it wasn't all Clinton's fault, but the work of every president since Nixon.