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This page contains a single entry from the blog posted on November 10, 2005 1:53 PM. The previous post in this blog was Little lotto tax problem. The next post in this blog is Meditation of the Day. Many more can be found on the main index page or by looking through the archives.

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« Little lotto tax problem | Main | Meditation of the Day »

Thursday, November 10, 2005

I missed this one

Here's something I just stumbled across in Steve Duin's column last week:

"The more I look at the [convention center] hotel, the more it looks like PGE Park," Commissioner Erik Sten said: "Rosy projections on a very expensive project we don't have to have as a community, with underlying risk to the public while the private sector grabs the reward.

"If you make a mistake, you should learn from it," Sten added. "Rosy projections usually don't come true on these projects. That's why they want the subsidy. These projects are always announced as best-case scenarios, and those never happen. At PGE Park, at least the citizens ended up owning something of value, a stadium where kids can play football. A half-full hotel has no civic value."

Wow.

Posted at 1:53 PM | Bookmark and Share

Comments (4)

It looks like, despite his assertions to the contrary, Sten is reading your blog.

Posted by Cynthia | November 10, 2005 2:32 PM

Either that or he's got his 'I'm running for re-election next year' finger up in the air, testing which way the winds are blowing...

Posted by Betsy | November 10, 2005 3:04 PM

Yeah, I read that too - with probably the same reaction. It was written pretty much the same day as the last big "tram" posting on here - the irony was gettin' all over the place.

Posted by The Villager | November 10, 2005 3:20 PM

Leave Erik alone, he knows we need to save money for voter financed elections.

Posted by Steve | November 11, 2005 12:47 PM




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