Detail, east Portland photo, courtesy Miles Hochstein / Portland Ground.



For old times' sake
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 November 23, 2011 1:18 PM. The previous post in this blog was First eco-district flop: the 'Couv. The next post in this blog is Uh oh, Duckies. Many more can be found on the main index page or by looking through the archives.

Archives

Links

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

Hap'nin' Guys
Tony Pierce
Parkway Rest Stop
Utterly Boring.com
Along the Gradyent
Dwight Jaynes
Bob Borden
Dingleberry Gazette
The Red Electric
Iced Borscht
Jeremy Blachman
Dean's Rhetorical Flourish
Straight White Guy
HinesSight
Onfocus
Jalpuna
Beerdrinker.org
As Time Goes By
Dave Wagner
Jeff Selis
Alas, a Blog
Scott Hendison
Sansego
The View Through the Windshield
Appliance Blog
The Bleat

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
Mireio
And Sew It Goes
Mile 73
Rainy Day Thoughts
That Black Girl
Posie Gets Cozy
{AE}
Cat Eyes
Rhi in Pink
Althouse
GirlHacker
Ragwaters, Bitters, and Blue Ruin
Frytopia
Rose City Journal
Type Like the Wind

Portland and Oregon
Isaac Laquedem
StumptownBlogger
Rantings of a [Censored] Bus Driver
Jeff Mapes
Vintage Portland
The Portlander
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 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
The Rural Bus Route
Another Blogger
Mikeyman's Computer Treehouse
Rosenblog
Portland Housing Blog

Wonderfully Wacky
Dave Barry
Borowitz Report
Blort
Stuff White People Like
Worst of the Web

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, November 23, 2011

Jeffer-Sam Smith: "Weird works"

Who needs to recruit big business? Portland can do just fine with food carts, apparently. So says this e-mail message, entitled "Homegrown for the Holidays," that a reader received this morning:

Who writes this stuff? Do they really not want anyone over 35 to vote for the guy?

Comments (29)

I don't find much to complain about here--he's suggesting to supporters that they patronize a few local businesses for their holiday shopping. Doesn't seem too crazy or controversial to me.

I wish I could see the entire piece. It doesn't look like any of the businesses listed in the side bar are from his Outer Eastside congressional district.

However, like Dave J., aside from the plug-plug, I don't see much to be upset about here. It's a pretty typical promotional puff piece.

When you think about it, this reminds me of Molly Ivins's observation that every politician wants to "get tough on crime," because nobody wanting office wants to be seen as being soft on crime. In a lot of ways, this is absolutely brilliant, because who in their right mind is going to recommend skipping Portland small businesses in favor of Wal-Mart and Target? (Please note that this doesn't say you have to frequent small businesses. This way, Mr. Smith can be seen as pro-small business without actually requiring a commitment.)

The problem is I see too many Portlanders -over- 35 that act like Sam's hipster bike cult.

Just a nice relaxing massage for the turkeys, and he will be the happy ending!

"The chatter about jobs"? Um, yeah, I'd say there's some "chatter."

If this smug drivel from Smith and his trust fund Bus kids doesn't turn you off, you deserve him as mayor.

Economic Gardening..?

Why does Smith hate Powell's? Why does he want us to patronize "smaller bookstores"?

The problem is there are a lot of 20-somethings writing drivel for this guy that have never worked a day in their lives. They fail to foresee is that in order to create bullcrap government programs, build fantasy trains to nowhere, and hire their cronies, they need a tax base.

Jack, I didn't say that this drivel didn't turn me off. All I'm saying is that it's really cheap and really fluffy drivel that won't actually offend anybody. Give him time, though, and he'll probably drop his own "go by streetcar!" lead balloon before you know it.

Why does Smith hate Powell's? Why does he want us to patronize "smaller bookstores"?

Michael Powell is the 1%.

"Kindles be darned"?

Those look like Wiener colors. Is "Winning Mark" working for Jeffer-sten?

"his trust fund Bus kids"

Hmmm. I know one person who has volunteered on the Board of the Bus Project. She never mentioned anything about staff or volunteers being trust funders. What do you know, Jack? Or are you just trying to be mean?

"20-somethings...that have never worked a day in their lives"

This "real work" and "real job" canard is getting old. What qualifies as "real" work? Do you have to be small business owner or does being a worker bee count? What if you're a teacher or work for a nonprofit - are those "real" jobs?

I'm sure many of Mr. Smith's devout followers are living off their parents' money. He certainly is.

If your employer relies on money from the government or generous donors to make payroll, then there is a decent chance you do not have a real job.

Garage Wine,

I disagree, and I think it's rather silly how easily you dismiss teachers, soldiers, and so many millions of other hard-working Americans.

I think a real job has much more to do with how hard one works. Or how one's work benefits society.

Under your definition, I suppose a professor of law at a private or public university isn't a real job since his employer relies largely on government funding (or subsidized loans) or generous donors (parents).

These sorts of labels and slanders are useless and usually serve a political or other ideological agenda.

What am I missing? This doesn't seem unreasonable to me at all, as much as I'm not voting for this guy. This isn't the "weird" stuff that infuriates me. I think maybe you're developing an allergy Jack. The tone seems pretty universally fluffy and I can't figure out what "chatter" is supposed to be signifying. What's wrong with small business and encouraging buying from them instead of Chinese crap from WalMart? That's how my clan's tried to do it when we can for generations, and we're regular folk.

(I guess my thing is, it's not even like he's telling you to take the MAX to Pioneer Place or something I'd expect to somehow rile people up. I went in ready to rip this apart and came away nodding in agreement...)

"we can support our local banks and credit unions by putting our money in local institutions."

Really? It's never occurred to him that the major banks would like nothing better?

Did he flunk economics?

Big banks view most average account holders as a drain on their resources. They maintain your paltry accounts because they are required to do so. They love it if you pull out and move your itty-bitty cash account into a credit union.

I'm really surprised that we don't see companies like Fred Meyer start to say that they've had enough of city leaders slamming them and show they are ready to pull out thousands of jobs, leave behind acres and millions of square feet of retail and office space for weeds and graffiti, and move to greener pastures. Freddy's could easily set up their main office in Tacoma or another South Sound suburb that would die to have all of the new jobs Freddy's could bring to town.

Those big banks that have office towers named for them...I guess they could move out to Bend and Medford and Salem and Corvallis or even just across the river in Vancouver.

Erik,

They'd probably do it if it was in their financial interest. But it's not. So they don't.

What's wrong with small business and encouraging buying from them instead of Chinese crap from WalMart?

Nothing. But dismissing discussion of recruiting major employers as "chatter," and implying it's not a good economic strategy -- now, that's just stupid.

Then he's going to capitalize on "Weird isn't working." The Harvard Law School boy is now speaking for the "weird" element of Portland. In somebody's dreams, maybe.

Then there's the constant smug tone of this guy and everybody around him. None of them have done much beyond recruiting OSPIRG kids to vote for Democratic Party candidates, especially Smith's parents' friends. When they actually accomplish something, then they can talk smug. Until then, they're legends on their own bus.

I hope Smith goes the way of Jesse Cornett after a thorough trouncing.

"Nothing. But dismissing discussion of recruitment by major employers as "chatter," and implying it's not a good economic strategy -- now, that's just stupid."

Smith seems oblivious to the fact that you can't have the cutesy retail stores he endorses without having some money coming in from somewhere, so people have an income to buy stuff at the cutesy retail stores.

And since the "we'll have Californians bring all their real estate equity from their California houses and spend lots of money in the SoWhat district" strategy seems to have failed...

Economic Gardening..?

Maybe that has a similar meaning as "cleaning Portland's urban forest", meaning Portland need to continue cleaning out a majority of the living-wage jobs to make room for the hip new wave of weird jobs, whatever those are (probably something transit-oriented or mixed usage or in government public relations, pick your flavor).

Whatever it means, I nominate it for inclusion on the list of phrases we're sick of.

Smith and our buffoon mayor are going to find out that pulling city funds out of mega banks will have interesting consequences, esp. with respect to Goliath International Bank or B of A.

Posters on this blog who have run companies in the real world are doubtless familiar with banks' and their lending policies. One which doesn't get a lot of publicity is called "compensating balances".

You want a loan? And where is your corporate checking account? Company charge cards? Company merchant deposit account for customer charge card and debit card payments? Personal accounts? Pension plans, etc."


"Sure we are interested in lending you
"$ X.yy", but as a condition you are going to have to move your accounts to us here at Goliath Intercontinental Bank."

Think that CoP's favorite go to lenders for unpublicized loans of the $ 10 - 100 million range is doing those loans solely for the interest earned? Think again.

Move city funds, sure. But there are costs to that, as well as risks. American State Bank should have been getting huge deposits from the City for years, but small banks don't have the loan capacity the city needs.

ASB and its bretheren are too small to lend the city the funds it uses r5outinely while awaiting tax receipts. There are per cent age limits on what portion of a bank's assets it can lend to any one customer. Small asset banks like ASB just don't have enough assets to be able to lend the city as much as it borrows.

And thus the city funds remain with Goliath Intercontinental. And Goliath and their ilk insist upon compensating balances as a loan condition.

To swipe the title of a year or so old comedy movie, "It's complicated,"

And Jeffer Sam Rand Smurf hasn't enough real world sense to understand it.

PS All my accounts are with a localo credit union since about 2001 when I "fired" USBank. I understand te principle and act in accordance with it personally and in business.

Doing so, especially for CoP, isn't as simple as it looks.


"Why does Smith hate Powell's? Why does he want us to patronize "smaller bookstores"?

"Michael Powell is the 1%."

That's right, we need someone to hate don't we.
If it wasn't the 1% maybe you could hate the Jews or Blacks of the Irish..

Nonny -- I think you may be confusing retail and even small business/corporate banking with the type of insitutional banking that a city of Portland's size engages in. I'm sure Portland keeps some of its assets in banks, but probably less than 10%. The vast majority are undoubtedly in safe, non-bank investments (T-bills, high grade commercial paper, etc.). A city of Portland's size does not need to negotiate "compensating balances" with banks that it does business with, as the banks actually are doing business at that level on interest earned. Or, in the case of checking or savings accounts, they're competing for the business based on fees charged and interest paid. I guarantee there are no "secret loans" of $10 - $100 million (I think you're talking lines of credit), as every public entity has to publicize those types of transactions and banks compete for them.

There is a real risk for Portland if they follow the "move your money" bandwagon: the possibility that they will get a less competitive interest rate from the small banks and local credit unions than they do from the big banks. Of course it's hard to get lower than the interest being paid now, but when you're dealing with tens of millions of dollars, every basis point counts. A city's assets should be invested 1) 100% safely and 2) at the best deal possible given #1. The decision should never be based on political influence or the "cause of the day".

What it all boils down to is after reading the fluff like Smiths does it really make any of us really consider where we may buy something?

I agree that Smith's drivel, like some have claimed, just allows him to claim "pro small business" without any commitment.


Sponsors


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

In Vino Veritas

Lange, Pinot Gris 2015
Kiona, Lemberger 2014
Willamette Valley, Pinot Gris 2015
Aix, Rosé de Provence 2016
Marchigüe, Cabernet 2013
Inazío Irruzola, Getariako Txakolina Rosé 2015
Maso Canali, Pinot Grigio 2015
Campo Viejo, Rioja Reserva 2011
Kirkland, Côtes de Provence Rosé 2016
Cantele, Salice Salentino Reserva 2013
Whispering Angel, Côtes de Provence Rosé 2013
Avissi, Prosecco
Cleto Charli, Lambrusco di Sorbara Secco, Vecchia Modena
Pique Poul, Rosé 2016
Edmunds St. John, Bone-Jolly Rosé 2016
Stoller, Pinot Noir Rosé 2016
Chehalem, Inox Chardonnay 2015
The Four Graces, Pinot Gris 2015
Gascón, Colosal Red 2013
Cardwell Hill, Pinot Gris 2015
L'Ecole No. 41, Merlot 2013
Della Terra, Anonymus
Willamette Valley, Dijon Clone Chardonnay 2013
Wraith, Cabernet, Eidolon Estate 2012
Januik, Red 2015
Tomassi, Valpolicella, Rafaél, 2014
Sharecropper's Pinot Noir 2013
Helix, Pomatia Red Blend 2013
La Espera, Cabernet 2011
Campo Viejo, Rioja Reserva 2011
Villa Antinori, Toscana 2013
Locations, Spanish Red Wine
Locations, Argentinian Red Wine
La Antigua Clásico, Rioja 2011
Shatter, Grenache, Maury 2012
Argyle, Vintage Brut 2011
Abacela, Vintner's Blend #16 Abacela, Fiesta Tempranillo 2014
Benton Hill, Pinot Gris 2015
Primarius, Pinot Gris 2015
Januik, Merlot 2013
Napa Cellars, Cabernet 2013
J. Bookwalter, Protagonist 2012
LAN, Rioja Edicion Limitada 2011
Beaulieu, Cabernet, Rutherford 2009
Denada Cellars, Cabernet, Maipo Valley 2014
Marchigüe, Cabernet, Colchagua Valley 2013
Oberon, Cabernet 2014
Hedges, Red Mountain 2012
Balboa, Rose of Grenache 2015
Ontañón, Rioja Reserva 2015
Three Horse Ranch, Pinot Gris 2014
Archery Summit, Vireton Pinot Gris 2014
Nelms Road, Merlot 2013
Chateau Ste. Michelle, Pinot Gris 2014
Conn Creek, Cabernet, Napa 2012
Conn Creek, Cabernet, Napa 2013
Villa Maria, Sauvignon Blanc 2015
G3, Cabernet 2013
Chateau Smith, Cabernet, Washington State 2014
Abacela, Vintner's Blend #16
Willamette Valley, Rose of Pinot Noir, Whole Clusters 2015
Albero, Bobal Rose 2015
Ca' del Baio Barbaresco Valgrande 2012
Goodfellow, Reserve Pinot Gris, Clover 2014
Lugana, San Benedetto 2014
Wente, Cabernet, Charles Wetmore 2011
La Espera, Cabernet 2011
King Estate, Pinot Gris 2015
Adelsheim, Pinot Gris 2015
Trader Joe's, Pinot Gris, Willamette Valley 2015
La Vite Lucente, Toscana Red 2013
St. Francis, Cabernet, Sonoma 2013
Kendall-Jackson, Pinot Noir, California 2013
Beaulieu, Cabernet, Napa Valley 2013
Erath, Pinot Noir, Estate Selection 2012
Abbot's Table, Columbia Valley 2014
Intrinsic, Cabernet 2014
Oyster Bay, Pinot Noir 2010
Occhipinti, SP68 Bianco 2014
Layer Cake, Shiraz 2013
Desert Wind, Ruah 2011
WillaKenzie, Pinot Gris 2014
Abacela, Fiesta Tempranillo 2013
Des Amis, Rose 2014
Dunham, Trautina 2012
RoxyAnn, Claret 2012
Del Ri, Claret 2012
Stoppa, Emilia, Red 2004
Primarius, Pinot Noir 2013
Domaines Bunan, Bandol Rose 2015
Albero, Bobal Rose 2015
Deer Creek, Pinot Gris 2015
Beaulieu, Rutherford Cabernet 2013
Archery Summit, Vireton Pinot Gris 2014
King Estate, Pinot Gris, Backbone 2014
Oberon, Napa Cabernet 2013
Apaltagua, Envero Carmenere Gran Reserva 2013
Chateau des Arnauds, Cuvee des Capucins 2012
Nine Hats, Red 2013
Benziger, Cabernet, Sonoma 2012
Roxy Ann, Claret 2012
Januik, Merlot 2012
Conundrum, White 2013
St. Francis, Sonoma Cabernet 2012

The Occasional Book

Phil Stanford - Rose City Vice
Kenneth R. Feinberg - What is Life Worth?
Kent Haruf - Our Souls at Night
Peter Carey - True History of the Kelly Gang
Suzanne Collins - The Hunger Games
Amy Stewart - Girl Waits With Gun
Philip Roth - The Plot Against America
Norm Macdonald - Based on a True Story
Christopher Buckley - Boomsday
Ryan Holiday - The Obstacle is the Way
Ruth Sepetys - Between Shades of Gray
Richard Adams - Watership Down
Claire Vaye Watkins - Gold Fame Citrus
Markus Zusak - I am the Messenger
Anthony Doerr - All the Light We Cannot See
James Joyce - Dubliners
Cheryl Strayed - Torch
William Golding - Lord of the Flies
Saul Bellow - Mister Sammler's Planet
Phil Stanford - White House Call Girl
John Kaplan & Jon R. Waltz - The Trial of Jack Ruby
Kent Haruf - Eventide
David Halberstam - Summer of '49
Norman Mailer - The Naked and the Dead
Maria Dermoȗt - The Ten Thousand Things
William Faulkner - As I Lay Dying
Markus Zusak - The Book Thief
Christopher Buckley - Thank You for Smoking
William Shakespeare - Othello
Joseph Conrad - Heart of Darkness
Bill Bryson - A Short History of Nearly Everything
Cheryl Strayed - Tiny Beautiful Things
Sara Varon - Bake Sale
Stephen King - 11/22/63
Paul Goldstein - Errors and Omissions
Mark Twain - A Connecticut Yankee in King Arthur's Court
Steve Martin - Born Standing Up: A Comic's Life
Beverly Cleary - A Girl from Yamhill, a Memoir
Kent Haruf - Plainsong
Hope Larson - A Wrinkle in Time, the Graphic Novel
Rudyard Kipling - Kim
Peter Ames Carlin - Bruce
Fran Cannon Slayton - When the Whistle Blows
Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
Jenny Lawson - Let's Pretend This Never Happened
J.D. Salinger - Franny and Zooey
Charles Dickens - A Christmas Carol
Timothy Egan - The Big Burn
Deborah Eisenberg - Transactions in a Foreign Currency
Kurt Vonnegut Jr. - Slaughterhouse Five
Kathryn Lance - Pandora's Genes
Cheryl Strayed - Wild
Fyodor Dostoyevsky - The Brothers Karamazov
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: 113
At this date last year: 155
Total run in 2016: 155
In 2015: 271
In 2014: 401
In 2013: 257
In 2012: 129
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