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This page contains a single entry from the blog posted on September 14, 2012 2:50 PM. The previous post in this blog was So they loaded up the truck and moved to Portlandia. The next post in this blog is Have a great weekend. Many more can be found on the main index page or by looking through the archives.



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Friday, September 14, 2012

Rogue Clacky commissioners get their bank loan

A Friday afternoon bad news dropping: Word from Clackistan is that the county borrowed the $20 million to hand over to Tri-Met for the mystery train to Milwaukie. Apparently Bank of America did the deal, despite its standing on shaky legal ground. It's a development about which all Oregonians should be concerned -- alarmed, even. We'll deal with it in greater detail on Monday. Suffice it for now to say that the scoundrels have won this particular round.

Comments (18)

We can all hope that those three criminals never work at the public trough again.

Of course they probably all have cushy jobs lined up with Trimet or Metro or some consulting firm.

Is it time for a new initiative to forbid the repayment of these bonds?

File the initiative before the bank is able to sell the bonds and maybe the bank can eat the loss for their skulduggery.

How about a boycott of that rogue bank?


I can't help thinking that if the Oregon SupCt and Bank of America are ok with this, the rest of you guys are overlooking something. But then, on the other hand, Lehman Brothers!

The Supreme Court has said only that mandamus isn't appropriate. As for the bank, they probably believe that the federal constitution requires that the county comply with the loan contract. Neither proposition is inconsistent with a finding that the loan was not properly authorized. The question might be what, if anything, is the remedy.

Remember WPPSS? Everybody was comfortable enough there, too.

The pressure of "Portland Creep" must be tremendous, obviously, the fix is in, as they say.

I suspect they hope (in their dreams) the voters will forget, but I don't think so.

The opponents will be hopping mad and even neutral voters will reject this type of procedure (not a procedure, but a 'fix' or scheme).

I also suspect the commissioners have been promised if they lose their elections, somehow, they will be taken care of by the powers that be of the "Portland Creep".

No question, they were desperate to get the money and then get it to Trimet before the vote.

This is the visible manifestation of how ruthless the powers that be can act when their objectives are threatened.

Good quality candidates to run against these commissioners at the next election are needed.

I can only hope this 'event' spurs a popular revolt of the voters of Clackamas, which then spreads into Portland proper.

These "Portland Creeps" must be stopped!

Don't we wish!

Outrageous. But I think Ludlow and Smith just won their races. I'll bet the others will go to work for TriMet or Metro.

The bank's counsel should review the various state supreme court cases on the effectiveness of the WHOOPS bonds sometime ago.

I find it hard to blame BofA for extending credit. BofA would probably be facing a lawsuit if they discriminated against the full credit and faith of Clackamas County. GO Barney.

Isn't BoA the bank that never says no to Portland? The whole area must be so far in hock to them they virtually own it, so why would they care?

dhughes609: I find it hard to blame BofA for extending credit.
JK: I don't. They must have known of the coming election and the probable violation of state law.

dhughes609: BofA would probably be facing a lawsuit if they discriminated against the full credit and faith of Clackamas County.
JK: Since when is it against the law to discriminate against a rouge action of a rogue commission? (or other for that matter)

The county should refuse to pay the bonds and let the bank sue those three commissioners for the 19 mil.



Bank of America Aids and Abets Clackamas County Commission effort to subvert voters

$20 million loan for light rail preempts election

Just four days before the vote on Measure 3-401, which would require public approval before Clackamas County could devote public funds to light rail, Bank of America issued a $20 million loan to the County, which promptly handed the funds over to Tri-Met to help pay for the controversial Portland-Milwaukie Light Rail line.

The loan follows several weeks of efforts by the Board of Clackamas County Commissioners to rush through the payment to Tri-Met.

“The disrespect that Bank of America and the County Commissioners who support this loan have shown for voters and taxpayers is simply breathtaking,” said Jim Knapp, one of the chief petitioners of the “Rail Vote” measure. “They know full well what voters will say on September 18th, and so they colluded at the eleventh hour with a near bankrupt financial institution to subvert the will of the voters.

“This kind of behind-closed-doors corporate bank/government deal is the very definition of crony capitalism. “

The Rail Vote measure is the third ballot measure that Clackamas County activists have successfully placed on the ballot. In 2011, voters overwhelmingly passed a repeal of the $5 hike in the car registration fee, and then passed a measure requiring a public vote on new urban renewal districts.

“This county commission is completely out of touch with the voters,” said Knapp. “We all look forward to November, when voters will put Tootie Smith and John Ludlow on the commission with Paul Savas, and the Clackamas County war on voters will be put to rest.”

Upon hearing the news, Damascus Mayor Steve Spinnett said, "The four elitist commissioners have no regard for the people of the community or their constituents

Lake Oswego City Councilor Mary Olson had some harsh criticism as well. "The speed by which the county commissioners have acted to circumvent the will of the citizens is astounding, said Olson. "These continued acts of desperation to advance their agenda are despicable"

Clackamas Rail Vote Chief Petitioners

Mary Olson, Lake Oswego City Councilor
Steve Spinnett, Mayor of Damascus
Jim Knapp, Oak Lodge Water District

Amazing that BOA would risk the bad press and anger of the citizens to try to make a 20mil. loan. Be caught up in a criminal conspiracy charge to help CCBC circumvent state statues?

Makes no sense , oh thats right isn't this the same bank that had revenues drop by 22% or 26 billion bucks in 2011. Then earlier this year instituted some crazy fee schedule that chased GAZZILIONS of dollars out to other banks and especially the credit unions? Yep some smart realtionship manager here.

Pa fetch my rope.

There's got to be something in it for BofA. Naming rights? Redevelopment rights? Is county owned property being used as collateral?

Gotta love Portland being anti-big bank/big business, except when it's awfully convenient. Then the Portland/Metro/TriMet light rail Mafia is in bed with the big banks.

Maybe the next C/C commission will simply halt interest payments until the lawsuits and all appeals are concluded.

Our democracy is doomed if the political establishment can borrow/disburse funds that are being referred to the voters for authorization in less than a week.

As Clint said, "they work for us."

I have my checking account with BA mostly out of inertia. Too many years trekking to the same bank even before it was owned by BA. This lit the fire beneath my tush to take my money and run. To my credit union or a new bank. I doubt that BA will miss me, but I'll make sure I write a goodby note telling them why I left - that I only do business with honorable people. The bank is a people, no?

Clackamas County -- Bank of America


BoBo- I've got some extra pitchforks, tar and recycled chicken feathers from my coop-
(I returned the commercial feathers per Serb's suggestion) Let me know if you need them.


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
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Abbot's Table, Columbia Valley 2014
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Oyster Bay, Pinot Noir 2010
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Layer Cake, Shiraz 2013
Desert Wind, Ruah 2011
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Stoppa, Emilia, Red 2004
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The Occasional Book

Marc Maron - Waiting for the Punch
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
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Christopher Buckley - Thank You for Smoking
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Bill Bryson - A Short History of Nearly Everything
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Stephen King - 11/22/63
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Mark Twain - A Connecticut Yankee in King Arthur's Court
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Beverly Cleary - A Girl from Yamhill, a Memoir
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Hope Larson - A Wrinkle in Time, the Graphic Novel
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Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
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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
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Sharon Creech - Walk Two Moons
Keith Richards - Life
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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
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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: 5
At this date last year: 3
Total run in 2017: 113
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

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