Oh, Jeff, these tribal and non-tribal community leaders are not looking pretty to anyone, anymore, thanks to your reporting and CCWD. It's been a trying, difficult, and heartbreaking week nationally. Yet knowing that our CC has informed and engaged citizens fighting for truth and justice gives me hope. Thank you Jeff and all CCWDoggers for renewing my faith in humanity and why we continue to fight for life, liberty, and the pursuit of happiness. God's grace upon us all.
Not just any ponzi scheme First Fed was involved in ,but the biggest franchise scam in the history of the US .The Federal gov in conducting the trial now. The ring leaders should get twenty years I had found old checks my grandmother never cashed First Federal by law is supposed to send unclaimed money to state unclaimed properties division they never did .I talked to old CEO who was involved in water scam absolutely no help.Good people who work there but bank bosses no .
Dang it, Jeff! After listening to your Saturday podcast, I’m going to have to break down and join The League of Women Voters out of self defense, to push back on their extreme Left leanings. After what happened to Charlie Kirk this week, Jeff, please be safe. The Left has whipped up violence against conservatives and even moderates (I count my self as a moderate) by repeatedly dehumanizing them with labels like Fascist, Racist, Nazi. This week I vacillated between being sad and angry. The Right has traditionally embraced the ‘forgive and forget’ posture. No more.
I always thought everyone feared the right wing. Apparently, my opinion was incorrect. IMO Charlie Kirk was a voice of reason. Because of his assassination our country might now witness an actual right-wing insurgence. These lunatics have lost their minds. "A tyrant dies and his rule ends but when a martyr dies his rule begins". I don't think these ideologues realize the anger that has become unleashed. I believe that "forgive and forget" are no longer options available to a decent future. I am separate from a major part of this country.
I get dark nausea looking at and reading about these collusive forces taking over and running our gov't...local, state and national.
We are becoming a lawless land with over 800,000 'laws' on the books in the U.S. and self-promoting 'agents' have been and are infiltrating our gov't, serving outside agendas in the names of 'democracy' and 'environmentalism'.
It appears that the political tsunami of the NWO is already breaking in CC and WA and now our state is being aggregated into a NWO consortium of WA, OR, CA and HI by the corrupt and insane governors and their minions...they have openly declared defiance of the federal gov't and its attempts to operate constitutionally and no debate or vote has occurred...there are multiple coups playing out simultaneously...interesting times indeed!😱🙏🏼😇😎
Robert James some populations require government restrictions, but decent people possess a conscience and conduct themselves ethically. These threads are filled with anecdotes about safe neighborhoods prior to 1970.
I admire the ambition but has anyone considered bull horns and lighted video cameras in order to gain a larger audience? You youngsters don't remember the SOS (save our Sequim) rally that was covered by KOMO in Seattle.
Water shortage? Simple solution: rebuild the dams and add a few more. They were fraudulently removed. Fraud and chicanery seem to be the norm all around us. Sick evil, yes evil, and corrupt people. Let’s start telling them that’s what they are.
Dams and culverts didn’t wreck the fisheries. The problem is not culverts or dams. We’ve had those for decades and we’ve had fish. They are only red-herrings designed to distract and keep the real culprits protected.
Have you ever seen a salmon struggling to go through a culvert? Have you ever seen a video of it? If the water can go through a culvert, is there a reason a salmon cannot go through? I’ve seen videos of salmon successfully struggling across wet roads. Is a culvert harder? Look for Whooshh’s “Salmon Cannon.” Pay attention to the new one where the fish swim eagerly into the small opening. Makes one think maybe the culverts were too big. Not enough of a challenge.
Have you seen salmon jumping to get over a rough natural section of water in person or in a video? Is there an outcry to remove that obstacle for better “fish passage?” Why wasn’t Celilo Falls designated as a “fish barrier?” What about the “Sol Duc Salmon Cascades?” Ooh, cascades! It’s okay then, just cascades.
All the money for the new culverts isn’t for fish. I consider it money laundering. Just another excuse to tax us more and put the blame for wrecked fisheries on someone and something else. “Don’t look at the culprits, look at the culverts.”
The inconveniences the construction delays cause is just a reminder of who is in charge. Do as we say. Also to inconvenience the driving public. Those damned cars. Stay home.
On the other hand, I support fish ladders were none previously and also better designs when available. Have you seen Switzerland’s design? Even better, have you seen the “Salmon Cannon?”
Are there enough flies now for fish? Are there enough nutrients in the water for the bottom of the fish food chain? How “polluted” were the waters when they were teeming with creatures that were pooping, dying, and decomposing?
Plenty doesn’t come from sterility.
Let's make each of the Snake River Dams, all dams, into vacation and outdoor fun destinations with water slides, swimming, canoeing, kayaking, bungie jumping, zip lines, and camping. Anything else?
How about some bicycles that can carry a salmon, allow people to pedal the fish past the dam. Contests could be designed for fastest time, most fish in set time, relays, etc.
Never again would we hear, “A woman needs a man like a fish needs a bicycle.”
Disney Land/World could use an unwoke up call too in the form of competition.
And, now we have the “Salmon Cannon.”
Wow! I was thinking of adding hot air balloon rides.
Remember - in America, we make the pie bigger, we don’t divide “the spoils” among special interests. More fish and water for all.
They are using the salmon as proxy to get the nice road infrastructure in place...earthquake resistant...so they can then push us off the Peninsula and have it for their private playground!
Maps are drawn...plans in place...agendas playing out!
Hope I don't have to do a rewind of this horror show!😎
"Doing the same things and expecting different results..." Why would so-called business and community "leaders" change their tack? It has always been about they/them and their agendas to strip as much wealth as poossible from value producers that earned it, to line their own pockets. Anyone who has lived (not existed) on the Olympic Peninsula most or all of their lives, have observed the game that they were never invited to participate in; or, opted-out due to conflicting values, ethics, and character. I could begin typing right this second and continue non-stop for days, if I were to address the inequities, nefarious government deals, and illegal spending of public funds. Consider the Clallam County Seat, and records in New Dungeness, being stolen and moved to Port Angeles in the dead of night, Port Angeles Highway 101 By-Pass, the "old" Carnegie Library, Fairview School, arbitrary removal of privately donated Memorial Benches and bronze plaques along the Waterfront Trail, and the list goes on. Clallam County has slowly evolved to the shell game that exists today. I am happy to see some fresh blood with intestinal fortitude, turning stones to reveal what many of us have known all along, greedy, power hungry family legacies built via other people's money and resources. When I first read the headline, I thought it stated ballet, not ballots, which took my mind to the new OMC Foundatio's white elephant at Front and Oak that much like the $85K/mo Shelter at William R. Fairchild Airport Industrial area, remained vacant for months , at tapayer expense. Apparently, it didn't meet our "homeless" population's expectations for convenience, being on the far side of town fronm the Salvation Army's dining facility/social center on Peabody Street. Hats off ,to the new generation of value producers who believe they have a right to that which they earned. Thanks again, Jeff, you are the current rabble-rouser; keep it going. I know that which is being unearthed has a sickening odor, with the skeletons draped in gold, but as Wilford Brimley so eloquently asserted, "It's the right thing to do".
If I were a business leader, I would attempt to control subdivisions of manufactured houses. I would consider a plan to attract wealthy residents into our community because they can provide a larger tax base.
That sounds good on paper but the wealthy imports already in Sequim seem to all come from liberal places and bring their communist socialist ideas and votes with them. Just sayin.....
They are only 50 but with a tax free casino and gas station behind them they ride like a thousand.
There are jobs on the table in forest management, but our local leaders refuse to get the federal grants to create those jobs. They would rather clear cut and spend like drunken sailors.
John you are right about the clear cutting. Sure goes fast, regrowth once done (3 year grace period) takes much longer than they ever allow. We are buying wood (dimensional lumber) from Canada!
I must really be slow. It just occurred to me that the Clallam Conservation District IS to be the Water Steward the charter review commission has been pushing for. That’s what the $5.00 fee is for. They even told us it was for expanding and hiring. Duh.
1) You will never see cuts to the biggest line item that governments have no matter how far anything falls ..... Salaries and benefits. The school districts, the state, county, and city gov, and ngo's will continue to demand your tax dollars to fund their $100K+ salaries, full benefits, and retirement.
2) Yes the collateral for the bonds is literally your property. If the actual tax amount falls below the needed tax amount, they will start to seize property for unpaid taxes and sell to big corporations and foreign entities like china. Just ask the midwest farm states.
We also are directly their property by legalism, not by Law!
Our physical real estate is a buffer for them...when they have spent our collective assigned value, we are then useless eaters and.....the rest of the story!😎
But first you will be dragged to court with a listing of how much you are in default with tax and mortgage in the local newspaper!You will declare bankruptcy bc of default loan.
Then the property may be auctioned off, but no one will get a deal. The bank wanted to string out your payments for years (interest) The auditor wants every dang dime with penalties and late
fees calculated through the end of business hours, the day it’s paid. No investor will get a sweet deal unless you sell before the hyenas show up.
No bad people just bad mortgage holders.
I feel like it’s 2006-2008 all over again. Hated banks then hate them more now😕
Way to much influence on clallam county by JKT and other radical groups.The local residents will not be able to withstand the excessive taxes that will be coming.This could be the radical taxaholics master plan to drive out the middle class which has been talked about in the past.Maybe a mass boycott of all JKT's businesses and quit voting for any democrat's in future positions will help.
Just once I would like to learn that a tax, any tax, has been eliminated or reduced. Regardless of size, ( $ 5.00 ? ), the pattern of new taxes for new efforts is clearly not sustainable. Government is a self sustaining and self promoting insatiable beast. Government was neither established for nor intended to devolve into charity and culture. We now have Government offices and celebrations for various ancestries and sexual deviancy among other "minority" efforts. I welcome all the varying minority groupings, but not to the extent that I am to pay them for their claimed status. All these Government minority and cultural efforts are at the expense of tax payers, while crime, indigence, drug and alcohol abuse, unsafe intersections, ferries, bridges and pot-holes desperately need funding. We are all genetically unique, making each of us a minority of one. Clallam County needs legislation mandating minimum participation percentages in all public works projects for transsexuals who have transitioned back to heterosexuality, because their lives matter. Funding administration to validate compliance of our trans trans mandate will be a small matter. I do not care who your Daddy is. What I want from Government is safety, infrastructure and economic opportunity. I do not want my tax dollars supporting dead people.
New taxes are a testament to the fact that the people in charge have no idea how to fix anything. Their only answer is more money. It's pretty obvious that more money isn't fixing anything so they are literally insane.
One of my petition signers said that people who want this $5 tax. They should just setup a Go Fund Me page. Those that are interested can give. Let my wallet alone.
Before the FDIC bank failures could and would devastate the individual small depositor. Now those small depositors are insulated. Investors on the other hand need to understand what they are buying. The old liars figure and figures lie. It will be interesting to see if any First Fed principals end up being held accountable. To those that took mortgages on their residential homes to invest in Water Station Management that was foolish, and any banker that would facilitate a loan like that should be permanently banned from banking. Promises of outsized ROI just keep insuring a steady stream of suckers lining up.
Jeff, I think you are sensationalizing First Fed's issues. I looked at their past default rates and they are actually a very conservatively run bank. Don't let a couple bad loans define a company. Most banks target much higher loan loss provisions. Perhaps First Fed should be more aggressive? Secondly, sales and leaseback transactions are VERY common in business. Finally, the CEO pay seems low for a public company. Read the actual SEC filing and then do a comparison to similar banks. I asked Chat GPT. It looks like he is actually cheap!
Here’s a quick sampling focused on smaller U.S. regional banks (generally ≲$5–$30B in assets). These are CEO base salaries (fixed cash salary only), with the latest figure I could find in recent proxies/8-Ks or equivalent disclosures:
Bank (Ticker) CEO Base salary Year / Source
Heritage Financial (HFWA) Jared A. McDonald $650,000 Employment agreement filed 2025.
SEC
CVB Financial / Citizens Business Bank (CVBF) David A. Brager $915,000 8-K summary (employment agreement) 2024.
MarketWatch
Bank of Hawaii (BOH) Peter S. Ho $925,000 8-K (2025 base salary set by comp committee).
SEC
TriCo Bancshares (TCBK) Richard P. “Rick” Smith $1,009,615 AFL-CIO PayWatch (salary line, FY2024).
AFL-CIO
Banner Corporation (BANR) Mark J. Grescovich $924,821 Salary line shown for FY2024 (proxy-derived summary).
I presented real data. I recommend you do the analysis yourself. My gut feel is that insurance companies are greedy, but I am no expert. I took a quick look at First Fed's public financial statements and nothing stood out to me as excessive. They certainly don't make many aggressive loans, and nor do they earn a better than industry average in net interest margin or return on assets or equity. I am sure there are things that could be managed better, but try not to jump straight to calling them a parasite and a fraud without presenting hard evidence.
I don’t know anything about banks. My specialty is investment banking in high tech, mostly semiconductors. I did read a bearish report on First Fed a couple years ago. I forget the thesis, but from what I understand growth and ROE has underperformed for years. It unclear how much of this is macro versus something more self inflicted. I’ll dig around and see if I can find a more recent report.
I’m calling Bull Shit on your list of comparisons.
Seriously , bank of Hawaii only has one bank, in state with branches. AFL-CIO, Banner Corp. These are some pretty heavy hitters , cherry picking seasons over.
Funds under management would be a more accurate way to compare, but as you know, salary is 70 percent with about 30 percent going for benefits package, matching SS, health insurance, etc etc.
The source of that list is from Chat GPT prompt “show me the CEO base salary for a sampling of small regional banks”. There was no cherry picking. I refined the prompt for banks of similar asset or revenue size. The new list still shows a comparable base salary. I not trying to justify the amount. I am only showing what the comps are. His pay seems in the ballpark of the where the market rate is. For the record, I would prefer a more variable equity based compensation structures dependent on hitting certain financial targets.
Bank (Ticker)
Assets (most recent)
2024 Revenue*
CEO base salary (latest disclosed)
Timberland Bancorp (TSBK, WA)
~$1.9–1.93B (FY24/FY25)
~$75.3M operating revenue (FY2024)
~$550–605k range shown across sources (latest proxy/trackers)
Riverview Bancorp (RVSB, WA)
~$1.51B (Dec 31, 2024)
~$50.2M (FY2024)
$425,000 (CEO Nicole Sherman base salary per 8-K summary)
Bank7 Corp. (BSVN, OK)
~$1.7–1.8B (FY2024)
Total interest income $131.5M (FY2024)
$550,000 (CEO Thomas L. Travis base salary for 2024, DEF 14A)
Parke Bancorp (PKBK, NJ)
$2.14B (Dec 31, 2024)
$129.4M (FY2024)
$1,102,500 (CEO Vito Pantilione base salary noted in DEF 14A)
First Financial Northwest (FFNW, WA)
$1.42B (Dec 31, 2024)
$37.6M (FY2024)
Proxy trackers show CEO base salary in the ~$450–570k range historically; latest precise base not stated in 2024 special-meeting materials.
Great, a few days ago some one repeated back to me the exact story I told them. Are people going to forget to use their brains, and just let AI do all your thinking? It’s painfully obvious if that is the communication mode. I’ll just
Wow. I used an AI tool to do some research. I don't understand why this bothers you. So long as I source it, I am not trying to deceive anyone. In fact, here is my other presentation that I easily spent more than 100 hours on. I was asked to deliver this to EDC, Kiwanis, Rotary, and PA Association of Realtors. I am happy to learn from any research you are willing to share. https://youtu.be/lRHz9qEJmuQ
AI repeats back exactly what the person that originally wrote. So if you are that writer, common sense would say you know what you wrote! Now actively listening techniques do utilize the “repeat back to speaker method” but in small doses. No offense to using technology to its fullest, but an engaged mind is a happy mind. In my opinion for what that is worth. Thanks Steven!
You felt compelled to call “bullshit” on my research which was a simple attempt to add some context to the discussion. I backed it up with more proof yet you attacked my ability to think because I used an AI tool. I then further proved I have done more research on my community than 99% of its citizens. You ignored all of that and contributed zero to the primary discussion. What a waste of time. You are the troll in this exchange adding no value. I have helped Jeff with a lot of research over the past year or two, including some high profile scoops. He has always been appreciative.
Oh, Jeff, these tribal and non-tribal community leaders are not looking pretty to anyone, anymore, thanks to your reporting and CCWD. It's been a trying, difficult, and heartbreaking week nationally. Yet knowing that our CC has informed and engaged citizens fighting for truth and justice gives me hope. Thank you Jeff and all CCWDoggers for renewing my faith in humanity and why we continue to fight for life, liberty, and the pursuit of happiness. God's grace upon us all.
We don’t give up, Denise. We just don’t give up.
Once again Denise Lapio we share the same thought process. Your comments are very incisive.
Not just any ponzi scheme First Fed was involved in ,but the biggest franchise scam in the history of the US .The Federal gov in conducting the trial now. The ring leaders should get twenty years I had found old checks my grandmother never cashed First Federal by law is supposed to send unclaimed money to state unclaimed properties division they never did .I talked to old CEO who was involved in water scam absolutely no help.Good people who work there but bank bosses no .
Should be taking a very hard look at All officers including those who have recently resigned at First Fed.
Sickening John Bowen but how many good people still exist?
Dang it, Jeff! After listening to your Saturday podcast, I’m going to have to break down and join The League of Women Voters out of self defense, to push back on their extreme Left leanings. After what happened to Charlie Kirk this week, Jeff, please be safe. The Left has whipped up violence against conservatives and even moderates (I count my self as a moderate) by repeatedly dehumanizing them with labels like Fascist, Racist, Nazi. This week I vacillated between being sad and angry. The Right has traditionally embraced the ‘forgive and forget’ posture. No more.
I'll join as Mrs. Doubtfire!🤣
🙌🏻word.
Sally Kincaid thanks for mentioning Charlie Kirk.
I always thought everyone feared the right wing. Apparently, my opinion was incorrect. IMO Charlie Kirk was a voice of reason. Because of his assassination our country might now witness an actual right-wing insurgence. These lunatics have lost their minds. "A tyrant dies and his rule ends but when a martyr dies his rule begins". I don't think these ideologues realize the anger that has become unleashed. I believe that "forgive and forget" are no longer options available to a decent future. I am separate from a major part of this country.
Hope you have hip boots, that’s a deep swamp (LWV)
I get dark nausea looking at and reading about these collusive forces taking over and running our gov't...local, state and national.
We are becoming a lawless land with over 800,000 'laws' on the books in the U.S. and self-promoting 'agents' have been and are infiltrating our gov't, serving outside agendas in the names of 'democracy' and 'environmentalism'.
It appears that the political tsunami of the NWO is already breaking in CC and WA and now our state is being aggregated into a NWO consortium of WA, OR, CA and HI by the corrupt and insane governors and their minions...they have openly declared defiance of the federal gov't and its attempts to operate constitutionally and no debate or vote has occurred...there are multiple coups playing out simultaneously...interesting times indeed!😱🙏🏼😇😎
Robert James some populations require government restrictions, but decent people possess a conscience and conduct themselves ethically. These threads are filled with anecdotes about safe neighborhoods prior to 1970.
Oh you know i love this one Jeff.🤩
Clallam County Economic Development Council.
MIC DROP.💥
Randy Johnson also sits on THIS board.
Show up and thank them.
😃👋🏼
Save the date:
MEET the AGENCIES
https://mycityscene.com/65724-8ee17a28
Thank you, Teresa! It's on my calendar.
Will meet you there 😊
ME too.
See you there Eric!
I admire the ambition but has anyone considered bull horns and lighted video cameras in order to gain a larger audience? You youngsters don't remember the SOS (save our Sequim) rally that was covered by KOMO in Seattle.
Thank you Steve.
City Council, School Board, & City Planning.
The chaos will cease if we have warm bodies that truly want to take back their lives.
We just don’t know how much power we have together.🙏🏼💥
Like Jeff Tozzer said before… if we all show up at one meeting a week.
But, people work and have families.
I make things work when i can.
🙂
Water shortage? Simple solution: rebuild the dams and add a few more. They were fraudulently removed. Fraud and chicanery seem to be the norm all around us. Sick evil, yes evil, and corrupt people. Let’s start telling them that’s what they are.
Dams and culverts didn’t wreck the fisheries. The problem is not culverts or dams. We’ve had those for decades and we’ve had fish. They are only red-herrings designed to distract and keep the real culprits protected.
Have you ever seen a salmon struggling to go through a culvert? Have you ever seen a video of it? If the water can go through a culvert, is there a reason a salmon cannot go through? I’ve seen videos of salmon successfully struggling across wet roads. Is a culvert harder? Look for Whooshh’s “Salmon Cannon.” Pay attention to the new one where the fish swim eagerly into the small opening. Makes one think maybe the culverts were too big. Not enough of a challenge.
Have you seen salmon jumping to get over a rough natural section of water in person or in a video? Is there an outcry to remove that obstacle for better “fish passage?” Why wasn’t Celilo Falls designated as a “fish barrier?” What about the “Sol Duc Salmon Cascades?” Ooh, cascades! It’s okay then, just cascades.
All the money for the new culverts isn’t for fish. I consider it money laundering. Just another excuse to tax us more and put the blame for wrecked fisheries on someone and something else. “Don’t look at the culprits, look at the culverts.”
The inconveniences the construction delays cause is just a reminder of who is in charge. Do as we say. Also to inconvenience the driving public. Those damned cars. Stay home.
On the other hand, I support fish ladders were none previously and also better designs when available. Have you seen Switzerland’s design? Even better, have you seen the “Salmon Cannon?”
Are there enough flies now for fish? Are there enough nutrients in the water for the bottom of the fish food chain? How “polluted” were the waters when they were teeming with creatures that were pooping, dying, and decomposing?
Plenty doesn’t come from sterility.
Let's make each of the Snake River Dams, all dams, into vacation and outdoor fun destinations with water slides, swimming, canoeing, kayaking, bungie jumping, zip lines, and camping. Anything else?
How about some bicycles that can carry a salmon, allow people to pedal the fish past the dam. Contests could be designed for fastest time, most fish in set time, relays, etc.
Never again would we hear, “A woman needs a man like a fish needs a bicycle.”
Disney Land/World could use an unwoke up call too in the form of competition.
And, now we have the “Salmon Cannon.”
Wow! I was thinking of adding hot air balloon rides.
Remember - in America, we make the pie bigger, we don’t divide “the spoils” among special interests. More fish and water for all.
Water “adjudication” is evil!
They are using the salmon as proxy to get the nice road infrastructure in place...earthquake resistant...so they can then push us off the Peninsula and have it for their private playground!
Maps are drawn...plans in place...agendas playing out!
Hope I don't have to do a rewind of this horror show!😎
maps are drawn indeed https://nepatlas.pugetsoundinfo.wa.gov/Activity/Detail/1692
Government and political parties are evil.
Any human endeavor involving money and power concentration is evil or turns evil.
That's how it looks when we 'know better' and 'do it our way'!
The god(s) of this world ARE insane!😎And so are we!🤪
"Doing the same things and expecting different results..." Why would so-called business and community "leaders" change their tack? It has always been about they/them and their agendas to strip as much wealth as poossible from value producers that earned it, to line their own pockets. Anyone who has lived (not existed) on the Olympic Peninsula most or all of their lives, have observed the game that they were never invited to participate in; or, opted-out due to conflicting values, ethics, and character. I could begin typing right this second and continue non-stop for days, if I were to address the inequities, nefarious government deals, and illegal spending of public funds. Consider the Clallam County Seat, and records in New Dungeness, being stolen and moved to Port Angeles in the dead of night, Port Angeles Highway 101 By-Pass, the "old" Carnegie Library, Fairview School, arbitrary removal of privately donated Memorial Benches and bronze plaques along the Waterfront Trail, and the list goes on. Clallam County has slowly evolved to the shell game that exists today. I am happy to see some fresh blood with intestinal fortitude, turning stones to reveal what many of us have known all along, greedy, power hungry family legacies built via other people's money and resources. When I first read the headline, I thought it stated ballet, not ballots, which took my mind to the new OMC Foundatio's white elephant at Front and Oak that much like the $85K/mo Shelter at William R. Fairchild Airport Industrial area, remained vacant for months , at tapayer expense. Apparently, it didn't meet our "homeless" population's expectations for convenience, being on the far side of town fronm the Salvation Army's dining facility/social center on Peabody Street. Hats off ,to the new generation of value producers who believe they have a right to that which they earned. Thanks again, Jeff, you are the current rabble-rouser; keep it going. I know that which is being unearthed has a sickening odor, with the skeletons draped in gold, but as Wilford Brimley so eloquently asserted, "It's the right thing to do".
If I were a business leader, I would attempt to control subdivisions of manufactured houses. I would consider a plan to attract wealthy residents into our community because they can provide a larger tax base.
That sounds good on paper but the wealthy imports already in Sequim seem to all come from liberal places and bring their communist socialist ideas and votes with them. Just sayin.....
Didn't know about the $85K shelter! Shelter-Skelter! Holy... what's next?😱
They are only 50 but with a tax free casino and gas station behind them they ride like a thousand.
There are jobs on the table in forest management, but our local leaders refuse to get the federal grants to create those jobs. They would rather clear cut and spend like drunken sailors.
John you are right about the clear cutting. Sure goes fast, regrowth once done (3 year grace period) takes much longer than they ever allow. We are buying wood (dimensional lumber) from Canada!
What the hell?
I must really be slow. It just occurred to me that the Clallam Conservation District IS to be the Water Steward the charter review commission has been pushing for. That’s what the $5.00 fee is for. They even told us it was for expanding and hiring. Duh.
Apparently Clallam County has a water quality specialist on the payroll already?
Page 2, look at the notes from Janine Reed:
"Janine Reed, Clallam County: Updating onsite regulations
to coincide with the state WAC. Public Hearing coming up.
No major changes, main things are RV parks and splitting
flows. Hired a water quality specialist, yay! Appreciate
working with Conservation Districts. Been able to disperse
more funds for repairs than ever before, and always
looking for more funding for this (Thanks to Sandra
White!)
https://pspwa.app.box.com/s/teef6l6xjin09dtio8o0pl29zt2p3nun/file/1871373873254
From the website:
https://www.straitern.org/
At the bottom, meeting archives.
Thanks for this, very informative, especially the SERN slides.
I think they want both. It ain't over.
CALLING ALL LEGAL EAGLES, ACCOUNTANTS, AND X LAWYERS;
2 QUESTIONS
1)
IF PROPERTY VALUES FALL 30% AND SALES TAX FALL 40% WILL CITY AND COUNTY CUT BACK SERVICES OR INCREASE APPORTIONMENT TO COVER THE SHORTAGE ?
IF BUSINESSES FAIL OR HOMES FAIL TO PAY PROPERTY TAXES WHO WILL BUY THE BUSINESSES AND PROPERTY AT TAX SALES FOR PENNIES ON A DOLLAR ?
WHAT IMPACT WILL "TAX FREE" TRIBE PURCHASE ON THE COUNTY/ CITY REVENUE AND FUTURE TAX BASE ON REAL PROPERTY / HOMES AND BUSINESSES ?
2)
RE "" EDUCATIONAL BOND "" FUNDING
WHAT IS THE COLLATERAL FOR THE BONDS ?
THE GOOD WILL OF TAXPAYERS ?
EVERY REAL PROPERTY IN THE DISTRICT- HOMES AND BUSINESSES ?
CITY AND COUNTY PUBLIC PROPERTY ?
IF DEFAULT ... WHAT IS RECOURSE ?
IF PROPERTIES ARE AUCTIONED WHO WILL BUY AND AT WHAT PRICE ?
WILL BANKRUPTCY BE A VIABLE ALTERNATIVE ?
PERHAPS OUR "SOCIAL DEMONCRATES' CAN OFFER AN ANSWER ?
1) You will never see cuts to the biggest line item that governments have no matter how far anything falls ..... Salaries and benefits. The school districts, the state, county, and city gov, and ngo's will continue to demand your tax dollars to fund their $100K+ salaries, full benefits, and retirement.
2) Yes the collateral for the bonds is literally your property. If the actual tax amount falls below the needed tax amount, they will start to seize property for unpaid taxes and sell to big corporations and foreign entities like china. Just ask the midwest farm states.
We also are directly their property by legalism, not by Law!
Our physical real estate is a buffer for them...when they have spent our collective assigned value, we are then useless eaters and.....the rest of the story!😎
But first you will be dragged to court with a listing of how much you are in default with tax and mortgage in the local newspaper!You will declare bankruptcy bc of default loan.
Then the property may be auctioned off, but no one will get a deal. The bank wanted to string out your payments for years (interest) The auditor wants every dang dime with penalties and late
fees calculated through the end of business hours, the day it’s paid. No investor will get a sweet deal unless you sell before the hyenas show up.
No bad people just bad mortgage holders.
I feel like it’s 2006-2008 all over again. Hated banks then hate them more now😕
Yes, We ARE the collateral...our SS# and Birth Certificate are the 'bonds' ensuring the system stays funded while we wither and die!😱
I think we need to run a coordinated a campaign to Defund
Peninsula Behavioral Health (PBH). Any remaining needs can be taken up by a department within the county.
We must remove the Magnetic policies of this org.
I think things are going to get A LOT WORSE... and even then many will not awaken.
The 'magnetic hypnotism' of media is a powerful drug.
Went with my 90 year old mother to the doc's ofc. She is on 14 different 'medications'.
Not sure if they are keeping her alive or embalming her. 'Managing' her biome, that's for sure!
What a world we exist in...time to get off!😎
Ex-istence...=...outside of...something... or someplace. Interesting.🤔
Way to much influence on clallam county by JKT and other radical groups.The local residents will not be able to withstand the excessive taxes that will be coming.This could be the radical taxaholics master plan to drive out the middle class which has been talked about in the past.Maybe a mass boycott of all JKT's businesses and quit voting for any democrat's in future positions will help.
We are doing our best to de-hypnotize people...too bad there aren't MORE public ways to broadcast but CCWD is our main outlet for now!
Rock on!🤓
Just once I would like to learn that a tax, any tax, has been eliminated or reduced. Regardless of size, ( $ 5.00 ? ), the pattern of new taxes for new efforts is clearly not sustainable. Government is a self sustaining and self promoting insatiable beast. Government was neither established for nor intended to devolve into charity and culture. We now have Government offices and celebrations for various ancestries and sexual deviancy among other "minority" efforts. I welcome all the varying minority groupings, but not to the extent that I am to pay them for their claimed status. All these Government minority and cultural efforts are at the expense of tax payers, while crime, indigence, drug and alcohol abuse, unsafe intersections, ferries, bridges and pot-holes desperately need funding. We are all genetically unique, making each of us a minority of one. Clallam County needs legislation mandating minimum participation percentages in all public works projects for transsexuals who have transitioned back to heterosexuality, because their lives matter. Funding administration to validate compliance of our trans trans mandate will be a small matter. I do not care who your Daddy is. What I want from Government is safety, infrastructure and economic opportunity. I do not want my tax dollars supporting dead people.
New taxes are a testament to the fact that the people in charge have no idea how to fix anything. Their only answer is more money. It's pretty obvious that more money isn't fixing anything so they are literally insane.
Doing the same things and expecting different results...yep...that's IT!🤪
One of my petition signers said that people who want this $5 tax. They should just setup a Go Fund Me page. Those that are interested can give. Let my wallet alone.
Govern=control ment=mind...The Ministry of Truth...OBEY!
Before the FDIC bank failures could and would devastate the individual small depositor. Now those small depositors are insulated. Investors on the other hand need to understand what they are buying. The old liars figure and figures lie. It will be interesting to see if any First Fed principals end up being held accountable. To those that took mortgages on their residential homes to invest in Water Station Management that was foolish, and any banker that would facilitate a loan like that should be permanently banned from banking. Promises of outsized ROI just keep insuring a steady stream of suckers lining up.
By far the very best theme song !!!
Jeff, I think you are sensationalizing First Fed's issues. I looked at their past default rates and they are actually a very conservatively run bank. Don't let a couple bad loans define a company. Most banks target much higher loan loss provisions. Perhaps First Fed should be more aggressive? Secondly, sales and leaseback transactions are VERY common in business. Finally, the CEO pay seems low for a public company. Read the actual SEC filing and then do a comparison to similar banks. I asked Chat GPT. It looks like he is actually cheap!
SEC Filing - https://www.nasdaq.com/market-activity/stocks/fnwb/sec-filings
From Chat GPT
Here’s a quick sampling focused on smaller U.S. regional banks (generally ≲$5–$30B in assets). These are CEO base salaries (fixed cash salary only), with the latest figure I could find in recent proxies/8-Ks or equivalent disclosures:
Bank (Ticker) CEO Base salary Year / Source
Heritage Financial (HFWA) Jared A. McDonald $650,000 Employment agreement filed 2025.
SEC
CVB Financial / Citizens Business Bank (CVBF) David A. Brager $915,000 8-K summary (employment agreement) 2024.
MarketWatch
Bank of Hawaii (BOH) Peter S. Ho $925,000 8-K (2025 base salary set by comp committee).
SEC
TriCo Bancshares (TCBK) Richard P. “Rick” Smith $1,009,615 AFL-CIO PayWatch (salary line, FY2024).
AFL-CIO
Banner Corporation (BANR) Mark J. Grescovich $924,821 Salary line shown for FY2024 (proxy-derived summary).
Simply Wall St
Lakeland Financial (LKFN) David Findlay $712,400 AGM preview noting salary component.
Sahm
Independent Bank Corp. (MI) (IBCP) William “Brad” Kessel $602,080 AFL-CIO PayWatch (salary line, FY2024).
AFL-CIO
Origin Bancorp (OBNK) Drake Mills $835,800 2025 Proxy Statement—Summary Compensation Table (salary column).
OBNK Annual Meeting
Independent Bank Group (IBTX) David R. Brooks $959,400 News/profile noting salary component ahead of AGM (2024).
Yahoo Finance
Sierra Bancorp (BSRR) Kevin J. McPhaill $665,635 Proxy-derived salary line (compiled source).
Salary.com
Banner (alt view) — $~925k Same outcome as above via 2025 proxy PDF.
Q4 Investor Relations
U must be a 'bankster' and a 'bankster' apologist!
We need monetary exchange houses but banks and insurance companies are across the board corrupt and parasitical on us.
Good presentation, not 'buying' it!😎
I presented real data. I recommend you do the analysis yourself. My gut feel is that insurance companies are greedy, but I am no expert. I took a quick look at First Fed's public financial statements and nothing stood out to me as excessive. They certainly don't make many aggressive loans, and nor do they earn a better than industry average in net interest margin or return on assets or equity. I am sure there are things that could be managed better, but try not to jump straight to calling them a parasite and a fraud without presenting hard evidence.
With your financial experience , enlighten me as to why three top executives have resigned and was it voluntary.
I don’t know anything about banks. My specialty is investment banking in high tech, mostly semiconductors. I did read a bearish report on First Fed a couple years ago. I forget the thesis, but from what I understand growth and ROE has underperformed for years. It unclear how much of this is macro versus something more self inflicted. I’ll dig around and see if I can find a more recent report.
Insurance cos. are screwing everything up. Healthcare, small businesses, jobs, most everything dealing with money have their fingerprints on it.
I’m calling Bull Shit on your list of comparisons.
Seriously , bank of Hawaii only has one bank, in state with branches. AFL-CIO, Banner Corp. These are some pretty heavy hitters , cherry picking seasons over.
Funds under management would be a more accurate way to compare, but as you know, salary is 70 percent with about 30 percent going for benefits package, matching SS, health insurance, etc etc.
The source of that list is from Chat GPT prompt “show me the CEO base salary for a sampling of small regional banks”. There was no cherry picking. I refined the prompt for banks of similar asset or revenue size. The new list still shows a comparable base salary. I not trying to justify the amount. I am only showing what the comps are. His pay seems in the ballpark of the where the market rate is. For the record, I would prefer a more variable equity based compensation structures dependent on hitting certain financial targets.
Bank (Ticker)
Assets (most recent)
2024 Revenue*
CEO base salary (latest disclosed)
Timberland Bancorp (TSBK, WA)
~$1.9–1.93B (FY24/FY25)
~$75.3M operating revenue (FY2024)
~$550–605k range shown across sources (latest proxy/trackers)
Riverview Bancorp (RVSB, WA)
~$1.51B (Dec 31, 2024)
~$50.2M (FY2024)
$425,000 (CEO Nicole Sherman base salary per 8-K summary)
Bank7 Corp. (BSVN, OK)
~$1.7–1.8B (FY2024)
Total interest income $131.5M (FY2024)
$550,000 (CEO Thomas L. Travis base salary for 2024, DEF 14A)
Parke Bancorp (PKBK, NJ)
$2.14B (Dec 31, 2024)
$129.4M (FY2024)
$1,102,500 (CEO Vito Pantilione base salary noted in DEF 14A)
First Financial Northwest (FFNW, WA)
$1.42B (Dec 31, 2024)
$37.6M (FY2024)
Proxy trackers show CEO base salary in the ~$450–570k range historically; latest precise base not stated in 2024 special-meeting materials.
You must be exhausted doing Ali the research. Maybe speaking will become obsolete along with thinking!
Great, a few days ago some one repeated back to me the exact story I told them. Are people going to forget to use their brains, and just let AI do all your thinking? It’s painfully obvious if that is the communication mode. I’ll just
Don’t read do delete!
Wow. I used an AI tool to do some research. I don't understand why this bothers you. So long as I source it, I am not trying to deceive anyone. In fact, here is my other presentation that I easily spent more than 100 hours on. I was asked to deliver this to EDC, Kiwanis, Rotary, and PA Association of Realtors. I am happy to learn from any research you are willing to share. https://youtu.be/lRHz9qEJmuQ
AI repeats back exactly what the person that originally wrote. So if you are that writer, common sense would say you know what you wrote! Now actively listening techniques do utilize the “repeat back to speaker method” but in small doses. No offense to using technology to its fullest, but an engaged mind is a happy mind. In my opinion for what that is worth. Thanks Steven!
You felt compelled to call “bullshit” on my research which was a simple attempt to add some context to the discussion. I backed it up with more proof yet you attacked my ability to think because I used an AI tool. I then further proved I have done more research on my community than 99% of its citizens. You ignored all of that and contributed zero to the primary discussion. What a waste of time. You are the troll in this exchange adding no value. I have helped Jeff with a lot of research over the past year or two, including some high profile scoops. He has always been appreciative.