(LOOK AGAIN) Cal Mtg. doesn't want to see this

Cal Mtg wanted Measure M too, not just this new GOB

Premature accusation from March of 2009 as I saw the financial collapse last year. This post has been on the blog for more than a year, but I put it there in anticipation of what is happening at the hospital now, default and deception. This is an interview I did when I was that popular reporter who wrote what the hospital wanted me to, as I recieved free healthcare and other benefits for my support.

Much like you see with the local newspaper the Kern Valley Sun, I too, wrote advertisement like articles which were totally bias to help the paper or the coporate owners make money. I'm as stupid as the current writers for the Sun, but then I woke up.

FLASH to 2006 when we were (me included) pushing the general obligation bond to the community.
Remember, Predatory lending is defined by a pattern of who benefits.

Dejavu, four years later we are back not with the excuse we have to seismically upgrade the building or close down: now they want us to pay off a 24 year old debt that should never have gone that far.

I'm tired, and I will try to get time tomorrow to reveal the rest of the interview and if necessary explain the obvious implications.

READ ON:

Interview with Gary Evans, Cal Mtg., regarding the Cal Mtg. program and what sort of help and relief the community can expect. Mr. Evans said this was "his opinion." This interview took place in November of 2006, right after the general obligation bond to build a new wing on the hospital, Measure M, failed.
This is a transcript from a digital recording.

Me: What is Cal Mtg.?

Gary Evans of Cal Mtg. : We are a division of OSHPD, but we are funded entirely from insurance premiums.

Why was this program created?
GE: There is a need throughout California for healthcare, private, non-profit, excuse me. Non-profit health facilities in California are unable to raise monies on their own, their own credit worthiness to build facilities so this was created to try to assist organizations to borrow money to build health facilities in needed areas.
(Aside: I can tell you that this "explanation" of what Cal Mtg. is NOT or does not even begin to describe the powers that be here. At the time of this interview I could only hear clicks, while now I'm immersed in the double talk, a translator of lies. They are a sinister presence building their portfolio and their record for not allowing bankruptcy against their almost unpenetrable facade.These people are big time, they are not afraid of some reporter type, your average gal about town. They tolerate me and probably poison my water. Oh that's right that's already being done.)

Is there any possibility they (KVHD) could go through you to do upgrading, the seismic retrofitting; or are they pretty much out of the game with the debt what it is?

GE: Their debt is, umm, significant for a hospital their size. And to add additional debt to be paid by revenues from the hospital would probably weaken the hospital. So, we would probably not be in a position to do that. I think the GOB (general obligation bond) is the only reasonable way that could happen.
(Of course a GOB would be great for everyone involved except the community. A community who has no say, gets no answers, is repeatedly lied to, thrown out of their jobs at the hospital for traveling staff, and is expected to pay the bill for all the mistakes? If the mistakes were gone, along with the mistake makers who are still here, then this community might step up and help with a bond. Until then, there's no amount of Public relations fluff that can bring back trust. Only truth elicits trust.)

Regarding, bankruptcy: 
 
GE: Well, any organization can petition a court to approve a reorganizational plan and in that plan it would be possible for the court to say , umm, its reasonable that you shouldn't have to pay this debt; you aren't able to pay this debt and it could be erased.
That's highly theoretical and the fact, the facts of the situation would be reviewed by the judge: is there organization paying the bills? Can they survive without going into that kind of reorganization? 

And my guess is that the attorney general's office of the state of California would fight pretty vigorously to oppose any type of reorganization at this point. 
(That was 2006 and this is now. KVHD is in trouble and it won't get better but worse. How would a judge look at the situation now? And how does it look to Cal Mtg now? KVHD currently enjoys some sort of pay off with Cal Mtg. with another recent loan transaction, probably costing the mental midget of math, Chet Beedle, CFO, a bundle but like the DOJ and the Dr. Pormir plead out to drugging people, calling it a legal "first"--of course making it all better fro the rest of us. We the people are so duped by this slick outfit, I can only appreciate their incredibly insignificant presence, yet oh so powerful. A great job putting this organized crime group together. Seriously. Kudos to the excellent deception. No bankruptcies would probably never occur as they might allow for "SCRUTINY.:" And we don't have any scrutiny.)
 Re: Legistlative relief such as was discussed with Senator Roy Ashburn.
 GE: It seems to be more of a hope than a reality. Its never been done before that I'm aware of and, um, I would guess, I guess the Senator's office would be a better place to answer that question.
I would be surprised if anything could be done that way.
(Everyone would be surprised. We have yet to see a politician really stand up for their promises, platforms and principles. It's the system called the popularity contest, not who is best qualified for the job, or who will stand up for what is right.)

Re: Payments on bond and management


GE: We are, we have insured their bond issue, so if they can't make payments on the bond issue, we then have to make the payments.
We are interested in maintaining appropriate management at the hospital. So, if they terminated management and hired somebody we felt was not qualified to run the hospital; we do have the authority to say no in that situation.

(Well, what kind of oversight was it on the part of Cal Mortgage when they allowed a CEO to come in with some phony credentials? Did they, like Dave Green, from Brim Management, actually see those credentials? So, then I see that there is culpability on the part of this government, insurance, monster. Since they hire people, and that person may not be qualified, and then that person does very bad things; I'd say it goes back to Cal Mtg.)