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This page contains a single entry from the blog posted on December 30, 2011 8:15 AM. The previous post in this blog was Big time. The next post in this blog is The year that was. Many more can be found on the main index page or by looking through the archives.

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Friday, December 30, 2011

California "urban renewal" stays dead

The new law abolishing redevelopment agencies in the Golden State has been upheld by the state supreme court. Many California ideas eventually make their way to Oregon -- let's hope this one gets here soon.

Comments (7)

Yaaay! Let's hope we don't have to go bankrupt like California before we figure it out.

Can't get here to soon. Where do I sign up to help?

Here's the money quote, "Redevelopment in California has been a billion-dollar, state-subsidized boondoggle".

While the libertarians seem most upset by the abuse of emminent domain, the greater harm in Portland has been the conversion of publicly owned land/right-of-ways to private profits sans any enforcement mechanism when the developers fail to comply with their contractual obligations and zoning.

Heads: Homer wins.
Tails: public loses.

It's not my problem anymore: I work and live in Vantucky now.

You know of course this means the big sign at the border that says "Welcome to Oregon - Scam Us While You Can and Enjoy Your Stay!" just got a flashing neon upgrade.

I'm in. If it takes a ballot measure, I'll get signatures. I don't think Gov. Blue Jeans is pragmatic or populist enough to consider.

...doing something as bold as Gov. Brown.

I have to applaud this ruling. Redevelopment agencies for too long, under the guise of "public-private partnerships," did nothing but send out welfare checks to welfare developers, NFL team owners, NBA team owners, MLB team owners, and real estate speculators.

Sure Los Angeles may not get an NFL team because of this unanimous California Supreme Court ruling, but at least the truth of billionaires being welfare queens is finally brought to light. Well...I could care less if Los Angeles had a football team or whether the San Diego Padres new stadium deal may fall through. Too many sports franchises as is.




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