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This page contains a single entry from the blog posted on November 7, 2007 3:49 PM. The previous post in this blog was About yesterday's "exit" polls. The next post in this blog is Did anybody else see this in the sky?. Many more can be found on the main index page or by looking through the archives.

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Wednesday, November 7, 2007

Let's go bankrupt!

All aboard! Woo hoo!

Comments (12)

Well, now...I like streetcars as much as most anybody, but sinking this kind of public capital into a highly expensive and exceedingly limited versitility project (which will lose money and require additional subsidy, guaranteed) when we can't even keep up on maintaining what currently exists...

That strikes me as the height of fiduciary irresponsibility.

Nothing new...same as it ever was.

Sue Kiel has apparantly not seen the long term debt clock (located to the immediate left of these comments).

This is lunacy! Particularly in light of the court ruling you highlighted below. That ruling will force the city to spend something in the upper hundreds of millions, possibly a billion to comply with the epa rule. Note that prior project estimates were done before recent double & triple digit inflation in construction materials like steel, copper, concrete, etc. Those inflationary increases will also cause the $1.4 billion big-pipe cost to rise dramatically - (Sam is keeping that fact under his hat so as not to undermine his plea for transportation dollars) Add to this all the unknown city share of undertermined cleanup costs for the portland harbor - hundreds of millions? billions? who knows? Then consider the fact that we've been underfunding capital replacement and maintenance on not only roads, but also sewer and water pipes and facilities. We're talking big dollars worth of obligations that are not even on the books yet, and these morons are dreaming of new toys to spend our money on - trams, streetcars, condo towers. Get real, people! We are headed for RUIN!

Looks like VeraSam is working on the "sustainability" of the long term debt. Why just "sustain" it when one can GROW it!!

Let's examine all of the pertinent words: Bankrupt,fiduciary irresponsibility,Sue Kiel, lunacy,VeraSam.
Now roll that into Portland City Council and you have the making of unctuous hubris on a scale not seen before.
Words missing Rope, hanging, revolt, lynch, voters, and recall. The latter works for me.

We have a bunch of DELUSIONAL leaders in our City.

Dear Tom, Sam, Randy, and Eric,
How about improving the road system, expand BUS SERVICE, decrease time between buses, then put them all together. VOILA, mass transit for 1/10th the cost.

Then, get to work paying off the huge debt you and your predecessors are running up.

Sincerely,
Concerned Citizen

"Times-a-comin". Please review the whole statewide voter responses to tax/fee increases in this last election. Notice the large majority of increased expediture defeats. Even Eugene turned down $40M urban renewal. The voters have said "enough". Now it is time for Portland complainers to enact initiatives, attend all these Sam open houses, request public records to verify "misuse" of tax dollars, and in some cases file formal complaints, legal actions against those that are responsible. Also, we need candidates who support such and there will be followers if their message is plain and simple, either democrat or republican.

If you think the Interstate Avenue name change is a done deal you haven’t seen anything yet. Sam and the Streetcar choir believe the growth of the Pearl district is a direct result of the Streetcar (If memory serves I believe the urban renewal work and dollars started flowing well before the Streetcar came around). So, if it worked so well there just imagine what it can do for the “industrial” central Eastside. It may displace jobs you say, who cares look at all the condos and service sector (low paying) jobs it will create. Who knows, with Freightliner leaving maybe it should run down to Swan Island. Woo Hoo indeed, this thing is barreling down the track (well, it doesn’t really barrel in actuality but you know what I mean).

I was driving by the OHSU building in SoWa this evening after dark. I could see inside, some bunsen burners, test tubes white mice and three research techincians busy doing biotech research.
I figured they must be the first three of the expected 10,000 biotech jobs so I pulled in to see what was up.

As it turns out only two were paid researchers. The 3rd was a volunteer brought in to break the dealock the other two had over what to work on.
They were busy working on a cure for Delusions of Granduer and I was told their number one volunteer subject for experimentation is Vera Katz. The researchers are confident they are on the brink of discovery and imagine the cure being very useful in the city.
They are also very confident a different strain can be developed to cure egomania.
They attempted to get Sam Adams as the subject for that study but he, so far, he has said he is too good for the study.

November 13: Downtown
Lincoln High School Cafeteria

Wouldn't it be better to enjoy the great outdoors and have the presentations outside and people could sit in the bleachers?

Oh...the bleechers are closed because they're unsafe?

Never mind.

I'm pretty sure it's Jefferson with the closed bleachers.

Yeah...it was my understanding that if you went to the Lincoln bleachers, you could score something illicit.

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In Vino Veritas

Robert Mondavi Solaire, Cabernet 2005
Castello Monaci, Liante, Salice Salentino 2006
Ricardo Santos, Malbec 2006
Quinta da Espiga, Tinto 2006
Charles Smith, Holy Cow Merlot 2006
Charles Smith, Boom Boom Syrah 2006
Charles Smith, The Honorable Pinot Gris 2007
Santa Rita, Cabernet Reserva 2005
King Estate, Pinot Gris 2007
Gloria, Douro, Tinto 2002
Bogle, Petite Sirah Port, Clarksburg 2005
Cardwell Hill, Pinot Noir 2004
Silkwood, Red Duet Cabernet-Syrah 2004
Portuga, Vinho Branco 2006, 2007
Osborne, Solaz 2004
Santa Rita, Cabernet, Reserva 2005
Penfold's, Koonunga Hill, Shiraz Cabernet 2006
Chateau Ste. Michelle, Cabernet, Indian Wells 2004
Chateau Ste. Michelle, Merlot, Horse Heaven Hills 2004
Hannah Nicole, Red 2004
Penfold's, Koonunga Hill Shiraz Cabernet 2005
Protocolo, Red 2005
Woodbridge, Chardonnay 2006
Portuga, Vinho Branco 2006
Beaulieu, Cabernet, Rutherford 1998
Beaulieu, Cabernet, Rutherford 1996
Kirkland, Roogle Shiraz 2004
Garda, Classico Chiaretto
A to Z, Oregon Pinot Gris 2005
I Giusti & Zanza, Nemorino 2006
Treana, Marsanne-Viognier, Central Coast 2005
Fife, Syrah, "Stanford" 2000
B.R. Cohn, Silver Label Cabernet 2005
Marques de Casa Concha, Cabernet 2005
Santi, Sortesele Pinot Grigio 2006
Al Muvedre, Tinto Joven 2006
Layer Cake, Shiraz 2006
Gritti, Ca' Andrea, Umbria red 2005
Altos de Luzon, Jumilla 2004
Thomas Leithner, Zweigelt 2004
Cain Cuvee NV 3
Chateau Ste. Michelle, Merlot 2003
Meridian, Sauvignon Blanc 2005
Canoe Ridge, Merlot 2003
Paringa, Shiraz 2005
King Estate, Pinot Gris 2005
Canoe Ridge, Merlot 2003
Maculan, Pino & Toi 2005
Kris, Pinot Grigio 2006
Silvan Ridge, Pinot Gris 2006
Fife, Mendocino Syrah, "Stanford" 2000
Castle Rock, Cabernet, Paso Robles 2005
Willakenzie, Pinot Gris 2006
The Show, Cabernet 2005
Essencia Valdemar, Rioja Rose 2006
Chateau Ste. Michelle, Merlot, Horse Heaven Hills 2004
Beaulieu Vineyard. Napa Valley Cabernet 2004
Irony, Cabernet, Napa Valley 2003
Rosenblum, Petite Sirah, Heritage Clones 2005
Fra Guerau, Montsant 2002
Barefoot Chardonnay
Kana, Syrah 2004
Castell Salegg, Chardonnay, Alto Adige 2004
Fetish, The Watcher Shiraz 2004
Gold Note, Fair Play Zinfandel 2005
Chateau Ste. Michelle, Canoe Ridge Estate Cabernet 2003
Ponzi, Pinot Noir 2004
Red Diamond, Merlot 2003
Mateus, Rose
Benton Lane Pinot Noir 2004
Penya Cadiella Vins de Comtat 2003
Kamiak, Cellar Select Red 2003
Anselmi, San Vincenzo 2005
Rubrato, Aglianico dei Feudi di San Gregorio 2004
Le Grand Noir (Black Sheep) Cabernet-Shiraz
Woodbridge, Chardonnay 2005
Los Vascos, Cabernet, Reserve 2004
Jackaroo, Shiraz 2003
Paul Jaboulet Aine, Crozes Hermitage Syrah, "La Jalet," 2001
Paul Jaboulet Aine, Cotes du Rhone, "Parallele '45,'" 2003
Rolf Binder, Barossa Valley Shiraz 2003
Oyster Bay, Sauvignon Blanc 2006
Woodbridge Chardonnay 2005
Barnard & Griffin, Columbia Valley Cabernet 2004
Quinto do Carmo, Alentejano Red 2000
Forefathers, Alexander Valley Cabernet 2001

The Occasional Book

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: 25
At this date last year: 87
Total run in 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269