Boise in 1950's on.

My View.

My View.
After living in Idaho from 1936, being raised to go to War, seen family and friends , usually through Murrays Drive Inn, leave, though World War 11, the Korean War, they then took the War away, so we had a ball in the 50’s, living thru the affect to real-estate from and during the Missal Silos construction in Idaho, some overpricing, some over construction from overcapitalizing the area Economy and leveraging for same.
Idaho has been maximizing profits on the backs of cheap Labor, Commerce supports it, as it as it makes it profitable for new Business to come to Idaho, so you have a customer base of cheap labor, AKA pay checks, after 5 years the new Business says we are do not have the volume of Business we want nor the profit we want, so they Off shore, sorry Charlie but the imports are way ahead of you, they have $5.00 day payroll, and cheap products, marketing program that has been going for years, while you are still setting up and staying alive.
I think the time has come to very seriously consider to buy USA and buy Idaho, and pay the wages that reciprocate with the top line of the profit and loss (Sales Revenue), for Business and increase the import Laws, Rules, Regulations taxes.
Lived thru late 50’s, the exodus of people in Boise moving out to the subdivisions, and the Business moving out to serve them, the Business got relocation money from the Government, and Boise looked like Bombed out Berlin photos, Boise wound up with properties paying no tax base for the city revenues, no Business activities down town from the Moving as this is what Business does, they follow people, as that is the only place they get sales revenue from.
Then the constant contracts to Corporations to study of the viability and potential of what was left of downtown, then taking tax breaks, the turning this over to another corporation.
We met the Berlin Crises, then the Cambodia and Vietnam War, lets not forget, Bay of Pigs Invasion United States vs. Cuba, Grenada, US Invasion of Panama, Persian Gulf War, Intervention in Bosnia and Herzegovina, Invasion of Afghanistan, Invasion of Iraq, now again Invasion of Afghanistan. “I think we are getting awful tired.
Worked and Lived through the Hill Village Subdivision, birth of Hill Crest Country Club Subdivision, the Highlands Subdivision, Randolph Robertson Subdivision, had responsibility from developers and contractors that built on speck, a lot built on order, the real-estate death when the Missile Silos funding was cut off, a lot of my friends in the real estate construction field moved to Seattle to work for Boeing, the trailer House and Double wide houses started factories building industries.
The Banks had a excellent idea of moving the not sold empty houses that were an acid liability, this was to let people who qualified and had a job, in to these houses for a down payment of just painting and landscaping, then living in them for at least 5 years. It did not take long to get the houses back on the books, with cash flow..
Then the late 60’s and the early 70’s came along and the houses prices were pretty sane, and still were priced at a littler more than were built, as in the 50” a nice home on the north end could be bought for around $5, thousand dollars.
The Governor had a bad idea of changing the appraisals to what the replacement cost by square footage at that of the currant square footage cost of replacement to building a new home and tax you on that?
Then the term “Don’t California Idaho” came from the speculators who turned Homes into speculative Houses, derived from coming in and started putting earnest money down on maybe 3 to 5 houses , jack each house by 3 to 5 or more thousand dollars, then sell them to another speculator, soon the speculators ran out of speculators to sell to, they over priced the marketplace to the market, cheap labor, by the diminishing rate of return due to comparative association, was lost due to buying of a new house for the same price as the old house and Idaho’s doing business of maximizing profits on the backs of cheap labor, of which commerce agrees with, because it makes it profitable for new business to come in, the only problem is all we have is a customer base of cheap labor, again comparative to other states, and for getting labor, is that Labor is ultimate consumer, the new business after some time they decide that they are not doing the business, nor the profit it would like to have, so they move off shore, and tell us to stick all of the tax, and other benefit incentives.
Some day the government and Business are going to realize that speculative nor gluttonous profits will not save them or the world, but saved by only through the Private Enterprise bringing together money and labor together, invested and frisked as working capital, through the Profit and Loss sheets, balance sheet of current assets to current liabilities, and inventory turnover through by enterprise through the profit e and loss sheet, being that which creates profits , that will save the world.
Politicians you are us and we are you, in this nation under one God, for, of, by and through the people, not from the lobbyist or self political gain, if so, then your gain through the system is like dominoes, with every thing subject to cause and affect, action and reaction, the result being that you cannot stop it.
Cherish and protect your children, grandchildren, great grandchildren, and ours of the people.
The U.S. economy has taken on great responsibility of its self, for humanity to serve and provide for life support and to maintain a foot holds, on war time Economy and for emergencies by, of and for its people and foreign demands.
SURVIVAL Earth: Resources: Geology, Geographic, Environment and Environmental aspects, the Perimeter of area, Usable, Unusable and Renewable.
GROSS USE EMPLOYED: G.N.P.: People, Raw Materials: Non-Expendable, Expendable, Reusable, Non-Reusable, and Asset Capitalization and asset Capitalization several time.
Look up, there is no where to go.
LEARNED; Measure each step with National responsibility to ward mankind.

This story is inappropriate and should be flagged for moderation. Please choose from one of the following options:

You have indicated this comment should be removed.


The comment has been submitted for review. Thank you .

johnbill says ... on Thursday, Apr 7 at 11:04 AM

One thing to watch is “Over capitalization". To insufficient assets (equity), owned coupled with to much optimism regarding future growth and earning power in economic capacity is attributed to this condition”.

Add a comment


Comment: 250 Characters Left

KBOI 2 News and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.