Detail, Fremont Bridge photo, courtesy Miles Hochstein / Portland Ground.





Meter updates every 30 seconds. Click here for
an instant update.
Our complete Portland debt series linked here.



Clearance sale
The bojack bumper sticker -- only $1.50!

To order, click here.







Excellent tunes -- free! And on your browser right now. Just click on Radio Bojack!






E-mail us here.

About

This page contains a single entry from the blog posted on July 20, 2005 1:24 PM. The previous post in this blog was Time out. The next post in this blog is Arrest made in Lars crank call case. Many more can be found on the main index page or by looking through the archives.

Links

Law and Taxation
How Appealing
Bag and Baggage
TaxProf Blog
Mauled Again
A Taxing Matter
TaxVox
Tax.com
Josh Marquis
Native America, Discovered and Conquered
The Yin Blog
OrCon Law
Ernie the Attorney
Conglomerate
Above the Law
The Volokh Conspiracy
Going Concern
Wealth Strategies Journal
Jim Hamilton's World of Securities Regulation
myCorporateResource.com
World of Work
The Faculty Lounge
Lowering the Bar

Hap'nin' Guys
Tony Pierce
Parkway Rest Stop
Utterly Boring.com
Dwight Jaynes
Bob Borden
Dingleberry Gazette
The Red Electric
Iced Borscht
Positively Glorious
The Rural Bus Route
Another Blogger
Jeremy Blachman
Dean's Rhetorical Flourish
Straight White Guy
HinesSight
Onfocus
AntSaint
Jalpuna
Rise Above
Beerdrinker.org
As Time Goes By
Dave Wagner
Jeff Selis
Alas, a Blog
Scott Hendison
Sansego
The View Through the Windshield
Mikeyman's Computer Treehouse
Appliance Blog
The Bleat
Rosenblog

Hap'nin' Gals
My Whim is Law
Lelo in Nopo
Attorney at Large
Linda Kruschke
The Non-Consumer Advocate
10 Steps to Finding Your Happy Place
A Pig of Success
Attorney at Large
Margaret and Helen
Kimberlee Jaynes
Cornelia Seigneur
Evidently
And Sew It Goes
Mile 73
Rainy Day Thoughts
That Black Girl
Posie Gets Cozy
{AE}
Cat Eyes
Kerianne
Melissa Lion
Rhi in Pink
Althouse
GirlHacker
Ragwaters, Bitters, and Blue Ruin
Heather Bea
Gina Rau
Chantel Williams
Frytopia
I Count to 4 (Nth of Pril)
Rose City Journal
Ready or Not
Lao Ocean Girl
Type Like the Wind

Portland and Oregon
Isaac Laquedem
StumptownBlogger
Rantings of a [Censored] Bus Driver
Jeff Mapes
Another Portland Blog
The Portlander
Gail Achterman
South Waterfront
Amanda Fritz
O City Hall Reporters
Guilty Carnivore
Old Town by Larry Norton
The Alaunt
Bend Blogs
Lost Oregon
Cafe Unknown
Tin Zeroes
David's Oregon Picayune
Mark Nelsen's Weather Blog
Travel Oregon Blog
Portland Housing Blog
Portland Daily Photo
Portland Building Ads
Portland Food and Drink.com
Dave Knows Portland
Idaho's Portugal
Alameda Old House History
MLK in Motion
LoveSalem

Retired from Blogging
Various Observations...
The Daily E-Mail
Saving James
Portland Freelancer
Furious Nads (b!X)
Izzle Pfaff
The Grich
Kevin Allman
AboutItAll - Oregon
Lost in the Details
Worldwide Pablo
Tales from the Stump
Whitman Boys
Misterblue
Two Pennies
This Stony Planet
1221 SW 4th
Twisty
I am a Fish
Here Today
What If...?
Superinky Fixations
Pinktalk
Mellow-Drama

Wonderfully Wacky
Dave Barry
Borowitz Report
Blort
Stuff White People Like
Probably Bad News
The Dullest Blog in the World
Worst of the Web
The Ultimate Insult
Scrabo's Mad World
Lancow's E-mail

Valuable Time-Wasters
My Gallery of Jacks
Litterbox, On the Prowl
Litterbox, Bag of Bones
Litterbox, Scratch
Maukie
Ride That Donkey
Singin' Horses
Rally Monkey
Simon Swears
Strong Bad's E-mail

Oregon News
KGW-TV
The Oregonian
Portland Tribune
KOIN
Willamette Week
KATU
The Sentinel
Southeast Examiner
Northwest Examiner
Sellwood Bee
Mid-County Memo
Vancouver Voice
Eugene Register-Guard
OPB
Topix.net - Portland
Salem Statesman-Journal
Oregon Capitol News
Portland Business Journal
Daily Journal of Commerce
Oregon Business
KPTV
Portland Info Net
McMinnville News Register
Lake Oswego Review
The Daily Astorian
Bend Bulletin
Corvallis Gazette-Times
Roseburg News-Review
Medford Mail-Tribune
Ashland Daily Tidings
Newport News-Times
Albany Democrat-Herald
The Eugene Weekly
Portland IndyMedia
The Columbian

Music-Related
The Beatles
Bruce Springsteen
Seal
Sting
Joni Mitchell
Ella Fitzgerald
Steve Earle
Joe Ely
Stevie Wonder
Lou Rawls

E-mail, Feeds, 'n' Stuff

Wednesday, July 20, 2005

I have changed my mind

Last week I announced that I was signing the petition to force the City of Portland to put its proposed takeover of Portland General Electric (PGE) up for a public vote. But today I read this in the Willamette Week:

The public-relations firm Gard & Gerber -- which has long represented PGE and orchestrated a ballot campaign against a proposed Portland public utility district in 2003 -- announced that prominent local businessmen had formed the Committee to Support PGE. The committee includes Tom Walsh, the local frontman for Texas Pacific's failed effort to buy PGE, and former PGE president Dick Reiten.

Well, that's the end of that. My copy of the petition goes into the shredder. If it comes down to a battle between Sten and Goldschmidt, I'll take Sten. Not a happy choice, but that's life.

UPDATE, 7/21, 3:40 p.m.: Deal's off!

Comments (19)

Sten or Goldschmidt... what a choice.

Jack,
The thing that rankles me most about Portland's effort to purchase PGE is that it illustrates an oft repeated position of the City Council.

"You elected us to make these decisions for you".

Sten verbalizes this with regard to PGE, Potter verbalized this with regard to public campaign financing, Slatzman verbalized this with regard to reservoir burying, etc. etc. etc.

If the council does not think they need to consider the voters on fundamental changes to the city's political process or putting the citizens on the hook for 3 billion of debt, at what point do they think they need to consider the will of the citizens?

The fact is, they don't.

This is a recurrent them in Portland, Multnomah County and the State. (Probably the other counties as well but I don't keep track). The arrogance and elitism is overwhelming.

"Don't bother us with your opinions, little people, we know what is best for you".

oops.. typo.. make that "recurrent theme"...

But Jack, if you want to change your mind again on this, see today's article on how well the city is running things at the water bureau: http://www.oregonlive.com/news/oregonian/index.ssf?/base/news/1121853555105650.xml&coll=7&thispage=1

Jack,

Are you really going to judge whether this issue is worth supporting by trying to figure out who else might see it the same way?

I imagine Tre Arrow supports the City's plan to condemn PGE through eminent domain and allow political ideologies of City Commissioners to shape how it is operated.

Do you want to start trying to figure out who wins in a battle of Tre vs. Neil? the math is daunting.

I'm signing the petition simply because the City ought to put something like this up for a public vote.

I wouldn't change my mind if I suddenly discovered a skinhead gang also agrees with me on this point.

Erik could always just redo whatever a petition (and vote) undid to begin with. Groundhog day.

How about a court action that states the clear state of the law -- that Portland's reach is no further than its' geographic boundary. Silly.

The TPG folks were the pawns of the public employee trust funds, of which the OIC was just one investor. The OIC wanted the big gains from the RESALE to someone with a "strategic" interest . . . like some bigger utility monopoly that can benefit from repealing certain federal restrictions. Silly. Then they wanted kickbacks in the form of like investment opportunities where some other state trustee greased the skids.

You can support stopping Erik and the OIC bad guys at the same time. Whack all the moles.

G&G didn't just orchestrate the anti-PUD thing, they impersonated a "grassroots" and "citizens" campaign to do it, until someone on Portland Indymedia outed them on it.

Are you really going to judge whether this issue is worth supporting by trying to figure out who else might see it the same way?

In this case, and with this particular group of "civic-minded business leaders," absolutely yes. If the Goldschmidt Clan wants something, it means there's money in it for them. And they've already taken enough out of my pocket, thanks. I'd rather give it to Sten and watch him waste it.

Is the court system inadequate to the task, Jack? This would sound like a greater problem in my book. Suppose I (or anyone) stopped Erik in the court rather than through an unnecessary petition vote. Would the court system be looked at in the same way as you now look at the Neil G. team?

Given the eagerness of folks to get their hands on PGE is it unrealistic to believe that in July/August 2003 that this influenced the then-proposed deal on issuing Pension Obligation Bonds (Measure 29)? Shouldn't there be even the slightest bit of caution by the various parties? If they are just flying by the seat of their pants without a care in the world does this mean that the AG and a DA are failing their duty to the public?

The problems are bigger than Neil and he was already tossed overboard for the greater good of the collective.

he was already tossed overboard

Perhaps, but methinks he's just below the surface.

I guess I don't see this as a zero-sum game - that if Sten loses then Neil wins.

I don't think that Neil (or cronies) are in much of a position to win here.

Just as likely the "civic minded business leaders" (as you term them) are worried that if Sten wins, we all lose (and them especially).

However, one likely scenario where Neil doesn't win is if PGE just re-issues stock and use proceeds to pay off the Enron creditors.

Either way, I want the chance to vote. If this really boils down to Neil v. Erik, then let's at least bring the argument out into the open.

So be it. But I think I'll go back to being an agnostic on this one.

I still can't figure out why we need a vote to decide whether we want to control our own power destiny and save money at the same time...

TorridJoe,

A vote is warranted because they want the taxpayers in the city of Portland to back 3 billion in additional debt. Remember WPPS in Washington? If the city gets ahold of PGE, and bungles it, the taxpayers will be holding the bag.

he was already tossed overboard.
Perhaps, but methinks he's just below the surface.

Neil's special cachet was always just that he was Neil. Who he was is what carried the day for him in whatever he did. But being Neil is no longer special, at least not in any positive sense. In fact, it's a liability. And actually, now, anybody known to be consorting with him on any level loses points. I don't think Neil is a factor anymore. If you are going to scotch anything of a political nature in Oregon, good idea or not, merely because it has former Goldschmidt toadies attached to it, well, that covers a vast expanse.

If you are going to scotch anything of a political nature in Oregon, good idea or not, merely because it has former Goldschmidt toadies attached to it, well, that covers a vast expanse.

For a few years, at least, that's the way it ought to be. If you don't think that fellow is still very much in the game, you are naive.

Jack, I've read your posts opposing municipal control over PGE for what, over a year now? You usually end up with a swipe at Commissioner Sten, and some a comment or two expressing doubt as to the City's ability to effectively run a public power company.

Is your opposition to the idea of publicly owned utilities in general, or just the idea of Portland (specifically with our current leaders) running it's own power company?

If it's the former I guess I just don't disagree, but if it's the latter then is there any set of circumstances or provisions (mandatory citizen input for example) that would actually get you onboard with public power?

What I have against public power, Portland-style, is (1) the public here has consistently voted down PUDs whenever presented with them, (2) the rate savings being promised by the city are far from a sure thing, (3) the city's conveniently overlooking the huge profit that's going to be made by the private operator that it's going to hire to run the utility, (4) the city will take all the risk while "the region" will wind up governing the company, (5) there will be years of litigation, (6) see Dave Lister's posts, (7) Water Bureau... really, there are a myriad of reasons. But I'm willing to give them all up in order to stick another big loss in the Goldschmidtters' ears.

For me it is another demonstration of uncontrolled spending of public funds with no public mandate. If you belong to any kind of club or organization, before it spends a huge portion of the budget, or goes into debt, don't they always have the members vote on it?

As with other major expenses the city council goofies come up with, we seem to be hell bent on making P town the most expensive place on earth to live, and only the mayor and his bobble heads will control how much we each pay. We have roads we can just barely drive on safely, bridges that are near collapse, and a dying retail downtown. I know, we voted them in - maybe its time for a change in the way we run the city...

Just heard on the radio that Enron said "no thanks" to Portland on buying PGE. The city can still exercise condemnation, but only, as I understand it, on the PGE assets WITHIN the city limits. Since the generation facilities are outside of the city limits, a city owned power distribution company would be buying their power from, guess who, PGE.

I think it will be interesting to add up all the costs that were associated with this effort, and contrast it to the four million dollars of tax relief that Sam Adams was attempting to provide local businesses, an effort which was vigorously opposed by Erik Sten.

TrackBack

Listed below are links to weblogs that reference I have changed my mind:

» Portland's Try For PGE Purchase Fails from The One True b!X's PORTLAND COMMUNIQUE
So says an email alert in from KGW from the news conference scheduled for 1:30 PM today which we did not attend. [Read More]


Sponsors







We accept advertising through Blogads. If you're interested, click the "Advertise here" link above, or go here to place your ad through Blogads. For assistance, e-mail me here; I'd be glad to help. Reach lots of viewers -- we're up to about 3,800 unique visits a day, and more than 61,000 page views a week (as of November 4). Our rates are dirt cheap for the exposure you'll get! If you'd like to advertise without going through the Blogads system, that's do-able, too. Just e-mail us here for more information.

As a lawyer/blogger, I get
to be a member of:

In Vino Veritas

Quinta das Amoras, Vinho Tinto 2009
Mauro Molino, Barbera d'Alba 2009
Garda Chiaretto Rose
Columbia Crest, Two Vines Vineyard 10 White
Chateau Ste. Michelle, Pinot Gris, Columbia Valley 2009
L'Hortus, Rose de Saignee 2010
Maculan, Pino & Toi 2008
McKinley Springs, Bombing Range Red 2008
Trader Joe's Pinot Gris 2009
Montes Alpha, Cabernet 2007
Gran Sasso, Sangiovese, Terre di Chieti 2009
Garda, Classico Chiaretto Rose
Beaulieu, Cabernet, Rutherford 1999
Picos del Montgo, Tempranillo 2008
Chateau de Montmirail, Vacqueyras 2008
La Granja 360, Syrah 2009
Montgras, Carmenere Reserva 2009
Lange, Pinot Gris 2009
Columbia Crest, Horse Heaven Hills Cabernet 2008
Kirkland, Pinot Grigio 2010
Trader Joe's Coastal Syrah 2009
Columbia Crest, Horse Heaven Hills Merlot 2008
Trader Joe's Coastal Chardonnay 2009
Vieux Papes Red
Domaine de l'Aujardiere, Chardonnay 2009
Santa Rita, Cabernet, Medalla Real 2007
Penfold's, Koonunga Hill Shiraz Cabernet 2008
Guild, Red, Lot #02 2008
Dievole, Dievolino Sangiovese 2008
Laforet, Burgogne Chardonnay 2009
Columbia Winery, Merlot 2007
Bonterra, Cabernet 2008
Elk Cove, Pinot Gris 2009
Maquis Lien 2006
Scott Paul, Pinot Noir, Le Paulee 2007
Cameron, Chardonnay
B.R. Cohn, Cabernet, Silver Label 2006
Graffigna, Cabernet 2005
Palo Alto, Reserve Red 2008
Menguante, Garnacha 2008
Lange, Pinot Gris 2009
Felsina Berardenga, Vin Santo 1997
Anne Amie, Pinot Gris 2009
McKinley Springs, Bombing Ramge Red 2007
Vieux Papes Red
Dionysius Chardonnay 2009
Haden Fig, Pinot Noir 2009
Vega Montan, Mencia 2008
Chateau la Vernede, Coteaux du Languedoc 2007
Mount Defiance, Hellfire (White) 2008
Root: 1, Cabernet 2008
Columbia Crest, Two Vines Pinot Grigio 2009
Columbia Crest, Two Vines, Vineyard 10 White, 2008
Columbia Crest, Two Vines, Vineyard 10 Rose, 2007
Abacela, Grenache Rose 2009
Avia Cabernet 2004
Lemelson Pinot Noir, Thea's Selection 2007
Chateau de la Roulerie, Rose d'Anjou 2009
Casal Garcia, Vinho Verde Rose
La Ferme Julien, Rose 2008
Cana's Feast, Bricco Red, 2006
Hogue, Genesis Merlot, 2008
Owen Roe, Sharecropper's Cabernet, 2008
Kim Crawford, Unoaked Chardonnay 2008
J. Scott, Pinot Noir 2008
Edmunds St. John, White, Heart of Gold 2008
Columbia Crest, Walter Clore Private Reserve 2006
Stevenot, Cabernet, Sierra Foothills, "Stanford" 2000
Portuga, Vinho Rose 2009
Taylor Fladgate, First Estate Reserve Porto
Franciscan, Cabernet, Napa 2006
Chaparral de Vega Sindoa, Garnacha 2008
Quinta da Aveleda, Vinho Verde 2008
St. Francis, Chardonnay Sonoma 2008
E. Guigal, Cotes du Rhone Blanc, 2007
Edmunds St. John, Bone-Jolly, Gamay Noir 2008
St. Innocent, Pinot Noir 2006
Jigsaw, Pinot Noir 2007
Chateau Ste. Michelle, Merlot, Indian Wells 2007
Charles Shaw, Chardonnay 2008
Edmunds St. John, Bone-Jolly, Gamay Rosé 2009
Cameron, Willamette Valley Chardonnay
Il Valore, Sangiovese, Giovane, Puglia 2008
Duck Pond, Chardonnay, Wahluke Slope 2007
Kim Crawford, Marlborough Pinot Noir 2008
Domaine du Pesquier, Cotes du Rhone 2005
Cantina Zaccagnini, Montepulciano d'Abruzzo 2006
Domaine Matrot, Chardonnay, Bourgogne 2007
David Hill, Oregon Sparkling Wine, Brut
Chandler Reach, Monte Regalo 2006
Elk Cove, Pinot Gris 2008
Kirkland, Columbia Valley Merlot 2008
D'Aragon, Old Vine Garnacha 2008
Columbia Crest, Walter Clore Private Reserve 2005
Pavin & Riley, Merlot 2006
David Hill, Estate Pinot Noir, Barrel Select 2006
Castle Rock, Paso Robles Cabernet 2006
Magnificent, Cabernet, Steak House 2008
Conundrum 2008
Beaulieu, Cabernet, Rutherford 1998
Saint Cosme, Cotes-du-Rhone 2007
La Granja, Tempranillo 360, 2008
Santa Rita, Mendalla Real Cabernet 2006
Columbia Crest, Grand Estates Merlot 2006
Andezon, Cotes-du-Rhone 2007
Collegiata, Montepulciano d'Abruzzo
Troon, Druid's Fluid 2008
La Granja, Tempranillo 2008
Monte Antico, Toscana 2006
Vieux Papes, Blanc de Blancs

The Occasional Book

Jack London - The House of Pride, and Other Tales of Hawaii
Jack Walker - The Extraordinary Rendition of Vincent Dellamaria
Colum McCann - Let the Great World Spin
Niccolò Machiavelli - The Prince
Harper Lee - To Kill a Mockingbird
Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt

Road Work

Miles run year to date: 54
At this date last year: 50
Total run in 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269


Clicky Web Analytics