On Air Now

Mark Levin
Mark Levin
3:00pm - 6:00pm

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Local News

A Bend financial advisor says we deserve the downgrade from Standard and Poor’s (S&P). Today Standard & Poor's Ratings Services also downgraded the credit ratings of Fannie Mae and Freddie Mac and other agencies linked to long-term U.S. debt. All the downgrades were from AAA to AA+, reflecting the same downgrade S&P made of long-term U.S. government debt on Friday. Financial advisor Bill Valentine applauds the downgrade, saying our elected leaders from both parties have failed us: “The agency also lowered the ratings for farm lenders; long-term U.S. government-backed debt issued by 32 banks and credit unions; and three major clearinghouses, which are used to execute trades of stocks, bonds and options.” For the man on the street, Valentine says in the short term investments are taking a hit, but says he believes this is a panic sell-off and not a Bear market.





Traffic & Weather




  • Carry Chains or Traction Tires on the mountain passes.  Spots of Ice on the Santiam Pass and over Mount Hood.  Packed snow on local roads and on Willamette Pass.


  • Lane closure on Boyd Acres Road at Ross Road; 7am - 4:30pm through December 10
LinkedUpRadio Envisionwise Web Services