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February 2008 ISSUE
We do not make jokes, we simply watch the LA Times, the Orange County Register and CID/HOA board of directors and report the facts!
Looking ahead to 2008 – Deliverance for Coto de Caza
January
7,
2007
2008
promises to be some sort of deliverance
for Coto de Caza and the canyons – as in the 1972
movie Deliverance, a
motion picture drama starring Burt Reynolds, Ronny
Cox, Jon Voight, and Ned Beatty and directed by John
Boorman- so appear to claim local community
journalists.
The
film is noted for the memorable music scene near the
beginning that sets the tone for what lies ahead: a
trip into unknown and potentially dangerous territory.
The character Drew Ballinger plays the instrumental
"Dueling Banjos" on his guitar with a
mentally-challenged hillbilly youth named Lonnie,
implied as being an inbred albino.
The boy eventually outplays Drew with his
banjo.
According
to the journalists, the six issues that could face
Coto de Caza and the canyons in 2008 include the fall
out from the (2007) fires, a trashy reality TV show,
expansion of the 241 toll road, the CZ golf club
expansion, the general store revamp and the upper
Chiquita reservoir.
Apparently the reason for including the reality
show is so that their compadres can keep busy.
There
is no discussion of the up to 450% housing job cuts in
the US the previous year and the impact this has on
2008.
Even though a good number of Coto de Caza
residents (& environs) work in the housing (and
related) industry.
There
is no mention of direct democracy in Coto de Caza, or
whether direct democracy will die a natural death, as
expressed by the previous CZ Master association board
of directors president.
There
is no discussion of public safety issues, even though
a lawsuit filed on a DUI-related accident revealed
that the CZ Master administration based their defense
mostly on what previous boards had done – not what
the administration did not do.
Further, although the collision rate for 2007
was lower than the previous two years, the DUI
collisions in the fourth quarter may bring in
additional lawsuits.
The
2008 CZ budget, the lack of landscaping renovation
planning or potential CZ dues increase was not touched
upon.
There
is no mention of
the pattern of (corruption) allegations
surrounding Orange County involving current and
previous officials, starting with certain supervisors,
Tax Collector Chriss Street, the Sheriff and former
Sheriff collaborators,
turned witnesses for the prosecution.
Reminiscent of the recent financial collapse of
Orange County, the Tax Collector continues to trade in
speculative financial instruments.
Ironically,
Mr. Street's association with the Treasurer's
office dates back to 1994 when he and John W. Moorlach
sounded the alarm on risky investments made by then
County Treasurer Robert Citron. Early last month, Moody's
Investors Service said it might downgrade dozens of
structured investment vehicles (SIV). Twenty percent,
or $460 million, of the county's $2.3 billion Extended
Fund is invested in SIVs.
Moorlach sought to have Street stripped of his
authority to manage the county's $6 billion of
investments in September amid federal and local
corruption probes. He said Street was too distracted
by the probes to manage the county's money.
Moorlach’s response to the SIV issue?
Let’s wait and see if we have a problem!
Finally,
there is no mention of a presidential election, the
winds of change behind Senator Barack Obama’s sails
or those of Governor Huckabee.
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