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This page contains a single entry from the blog posted on January 24, 2012 2:27 PM. The previous post in this blog was Romney's tax return: 203 pages. The next post in this blog is A rough month for Fairley's. Many more can be found on the main index page or by looking through the archives.

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Tuesday, January 24, 2012

"Green" dreams keep melting

More layoffs on the sustainable front. We don't recall there being a lot of local subsidy for this outfit, but if there was, it isn't paying off. Condolences to the 25 Portlanders with pink slips in hand.

Comments (5)

Hey, didn't Mayor Sam go to Spain just a few months ago to save Portland's Iberdola jobs? Well, maybe he at least had a save on the foosball table while he was MIA. Ole!

How sustainable is living on unemployment checks?

How sustainable is an economy built on real estate sharpies, downward mobility, and incentivizing failed business models?

Multnomah County's revenue projections assume that property assessments will rise 3% a year FOREVER. Is that sustainable in a region that has seen property values decline by 40% and suburban flight of businesses and families?

I tried to engage Amanda Fritz about the dangers inherent in the city's revenue assumptions and was told I was an alarmist. "So?" I replied.

Top Ten Iberdrola anagrams:

Dire Labor
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Rail Bored
Bail Order
Bread Roil
Ribald Roe
Boar Riled
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Larder Bio

http://wordsmith.org/anagram/anagram.cgi?anagram=iberdrola&t=1000&a=n

'How sustainable is living on unemployment checks? How sustainable is an economy built on real estate sharpies, downward mobility, and incentivizing failed business models?'

Don't worry Mister Tee - City Hall will make sure you always have a place to park your shopping cart and plant your waste bucket downtown after they tax you out of house and home.

Rising 3% FOREVER Property Taxes--when I held my nose and voted for that initiative I knew the 3% FOREVER was an unsustainable formula--3% FOREVER will compound into enough rice to bury the chessboard!




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