Category Archives: Business

Oregon Oink Sector And The Urban-Renewal Trough

Business, Federalism, Government, Taxation, The State

Broadcaster Lars Larson did a bang-up job, today, in shaming City of Oregon Mayor Dan Holladay for his ambient lawlessness: first, for securing appropriations in the cause of urban, central planning; next, in his haste to frustrate the democratic will of the outraged citizens.

The circumstances, courtesy of the Portland Tribune:

Mayor Dan Holladay’s opinion piece published in the Autumn 2015 Trail News, a publication providing citizens information on most city departments, told every household in the city that a petition to kill urban renewal would have a “very chilling effect on economic development” not just in the downtown urban renewal district, but throughout the city.

After the state received a complaint on Aug. 25 from petitioners, Holladay said he “made a mistake” by submitting the piece for the Trail News.

State law (ORS 260.432) says that elected officials shouldn’t publish letters advocating a political position in “a newsletter or other publication produced and distributed by public employees.” Oregon City’s mayor has for years submitted a piece to the “City Matters” column on page 2 of the city’s Trail News publication.

John Williams, one of the petitioners, offered this trenchant condemnation:

Holladay doubly misstepped by submitting the argument for a city publication before the measure had even gotten enough signatures to qualify for the ballot.

“He has the right to express his opinion, but he shouldn’t be using citizens’ taxpayer dollars to try to put a halt to a democratic process,” Williams said. “Signing the petition in question will not ‘put a halt to these programs and many others’ as he claims, but only put an issue on the ballot for citizens to debate.” …

And no representative ought to use “citizens’ taxpayer dollars” for job-creation programs. The narrowest interpretation of a local government’s authority ought to be pursued and adhered to by all local representatives, whatever their political stripe.

That government job-creation programs are a racket for the locality is abundantly clear in our neck of The Evergreen State. Paving over quaint, perfectly lovely trails is a political hobbyhorse around here.

Local politics is not my bailiwick; but when I do venture into the miasma, the blood boils at the excesses in the pink state.

Those who’re better suited to confront the juggernaut that is local government might find it useful to apprise themselves of the history and politics of Urban Renewal, a history that has a lot to do with making poor people go away by demolishing their homes—gentrification, if you will. City officials—they live off wealth others generate: taxes—“grow” concerned over “declining incomes in and tax revenues from certain neighborhoods.” They then use their power to designate them as “blighted.” Government’s hope, ultimately, is to generate more tax revenues from the neighborhoods.

The CATO Institute speaks to how cities use tax-increment financing (TIF) in the service of “crony capitalism and social engineering.” If you want to slum it, read about the history and politics of TIF.

Jeff Bezos Is Brilliant, But What Is Jay Carney Doing @ Amazon?

Business, Regulation, Technology

The real news is not that Amazon is a “‘bruising” and grueling workplace, but that former White House Press Secretary Jay Carney was given a job in such a fabulous firm. The nature of an over-regulated, often treacherous business environment is such that, instead of hiring a worthy senior vice president for corporate global affairs—Amazon is forced to invest in a crony to politicians, Carney. A ponce that’ll be able to read the political tealeaves is worth more to the company than someone with real skills. Hence the revolving door between politics and business.

Actually, Jeff Bezos’ work philosophy sounds magnificent, the exact opposite of The Other Soft, Social-Worker Oriented Software Company We Know All Too Well.

… Of all of his management notions, perhaps the most distinctive is his belief that harmony is often overvalued in the workplace — that it can stifle honest critique and encourage polite praise for flawed ideas. Instead, Amazonians are instructed to “disagree and commit” (No. 13) — to rip into colleagues’ ideas, with feedback that can be blunt to the point of painful, before lining up behind a decision.

“We always want to arrive at the right answer,” said Tony Galbato, vice president for human resources, in an email statement. “It would certainly be much easier and socially cohesive to just compromise and not debate, but that may lead to the wrong decision.”

… According to early executives and employees, Mr. Bezos was determined almost from the moment he founded Amazon in 1994 to resist the forces he thought sapped businesses over time — bureaucracy, profligate spending, lack of rigor. As the company grew, he wanted to codify his ideas about the workplace, some of them proudly counterintuitive, into instructions simple enough for a new worker to understand, general enough to apply to the nearly limitless number of businesses he wanted to enter and stringent enough to stave off the mediocrity he feared.

The result was the leadership principles, the articles of faith that describe the way Amazonians should act. In contrast to companies where declarations about their philosophy amount to vague platitudes, Amazon has rules that are part of its daily language and rituals, used in hiring, cited at meetings and quoted in food-truck lines at lunchtime. Some Amazonians say they teach them to their children.

The guidelines conjure an empire of elite workers (principle No. 5: “Hire and develop the best”) who hold one another to towering expectations and are liberated from the forces — red tape, office politics — that keep them from delivering their utmost. Employees are to exhibit “ownership” (No. 2), or mastery of every element of their businesses, and “dive deep,” (No. 12) or find the underlying ideas that can fix problems or identify new services before shoppers even ask for them. …

READ “Inside Amazon: Wrestling Big Ideas in a Bruising Workplace.”

Donald Trump Does Presidential

Business, Elections, Iraq, Politics, Republicans

VA Worker: Do you think the VA has run out of money to help veterans?
Donald Trump: I think they have run out of competence. They have incompetent people running it.

At his New Hampshire press conference, Friday afternoon, Donald Trump was relaxed, commanding, decisive and … dare I say presidential? MSNBC even uttered the last adjective following the event.

While the other candidates, the parasites, hire “experts” to tell them what the people desire, so that they can get elected by promising them the earth; Trump is gathering the best, most productive and creative people around him to solve problems, not make people-pleasing promises. Note how pundits—mediocrities who enjoy their perches for no other reason than that they make themselves agreeable to the powers that be—are struggling to adapt to the way private enterprise thinks and works. The same incompetents who can’t make heads or tails of the Trump candidacy believe that when Trump says “our leaders are stupid”; he’s being simplistic, childish. But it really is as simple as all that—although I’d add that the traitor class is also venal.

Transcript courtesy of CNN (which still believes in the written word):

REPORTER: When are we going to see you roll out specific policy?

TRUMP: It will be very soon. Yes. I mean, I have some of the most brilliant people in the country working on tax, which I’m involved in very much because I understand the system very well, probably better than anybody that’s ever run for office, if you want to know the truth, because I am part of the system.

But we have some amazing people working on immigration. So, I would say over the next two or three weeks, probably sometime during September. OK?

REPORTER: Aren’t you worried about what Putin has done over in Ukraine —

TRUMP: So, Ukraine is a problem. But at some point, don’t you think that the countries of Europe should be a little bit more involved than they are? We are leading all these fights, and Ukraine is a big problem.

Germany is a very rich, powerful country, Germany, economically tremendous power — tremendous unbelievable unleashed economic power. Why isn’t Germany — do we have to lead every fight?

So, Ukraine is a problem. We should help them. But let Germany and other countries over there that are directly affected — let them work it. Let them work it.

We’ve got enough problems in this country. We have to rebuild our country. China and other countries have drained us. China has created the greatest theft in the history of the United States.

I mean, if you think about it, it’s the greatest theft in the history of the United States. The money they have taken out from us. It’s a one-way street. So, we have enough problems. Now, we back our folks and we back our friends and we want them

to straighten out Ukraine. And I want to see it straightened out also. But don’t you think maybe Germany and those countries directly affected should be fighting — it’s almost like they don’t even care. They don’t even care.

TRUMP: I think I get along great with them. I get along great. Who knows? But I think I’d get along great with them.

REPORTER: How are you doing?

TRUMP: How are you?

REPORTER: Rand Paul spent three days here in New Hampshire and he spent those days criticizing you.

TRUMP: Well, that’s because —

REPORTER: What did you do to tick him off?

TRUMP: Yes. No, Rand Paul — you have to understand — is a disaster in the polls. He’s a disaster on military and defense. He is getting decimated by everybody. And other than giving him a lot of money for an eye center at his request — he asked me, could I have money? I said, absolutely. Because I thought it was worthwhile. But I gave him a lot of money for an eye center, which is very hypocritical when you think of it. But other than giving him a tremendous amount of money for his eye center, which I’m happy about, frankly, because I’m sure they do good work, I hope they do good work, he is doing so badly that he figures he has to attack Trump because I’m leading by a lot everywhere.

And I don’t mind. I think he’s — he is never going to make it. Never going to make it. Can’t make it. Got the wrong message. I mean, this is not a time to be weak on defense. Okay? And I’m the opposite. I want to make our military so strong, so powerful, so great that nobody is going to mess with us. And I want to take care of our vets who are treated like third-class citizens. You know, two weeks ago on Wednesday, our vets, as you know — you probably reported on it, because you have a big problem here with vets that are not taken care of properly. Our vets had the longest wait in the history of the V.A., waiting for doctors in rooms. They wait four, five, six days. And in one case, they waited five days and the doctor said, sorry, I’m going on vacation now.

So our politicians all talk, no action. They’re all the same. Our politicians have let the vets down. Rand Paul has let the vets down. He has let the vets down. You know, I don’t blame him. He is doing so poorly in the polls so he attacks the person — you know, hey, look, I’ve been attack now by Perry of Texas. And he went peeing like a rocket ship except in the wrong direction. I was attacked by Lindsey Graham. And he had two points. Now he has zero. Now, Rand Paul has very few points. But I think he’s going down, too. I will say one further thing about Rand Paul then let’s not waste a lot of time. But Rand Paul is using the people of Kentucky.

Either run for Senate and do a good job or run for president. You don’t run for president and by the way, if I don’t make it, I will become your senator reluctantly. If I were somebody — a good, strong republican from Kentucky, I would run against him in a heartbeat. And you would win. Because the people of Kentucky are being used by Rand Paul. Now, think of it. They’re saying is, oh, if he doesn’t make it, we will take him. That’s not the way it works. The people of Kentucky should get a senator that wants to represent them, not a senator where it’s a backup plan. So, if I was in Kentucky, I would run against him. Believe me, I would win. Yes. Hi. Yes.

UNIDENTIFIED FEMALE: I understand that you care a lot about vets.

TRUMP: I do, a lot.

UNIDENTIFIED FEMALE: I’m glad about that. I work as a veterans claims advocate, the disabled veterans.

TRUMP: Good.

UNIDENTIFIED FEMALE: The problem I have helping with them is that it takes over three years to process one claim.

TRUMP: Unbelievable. You hear that, it takes over three years to process one veteran’s claim.

UNIDENTIFIED FEMALE: And my question to you is, do you think the V.A. has run out of money to help them because it’s been out —

TRUMP: No. I think they have run out of competence. They have incompetent people running it. And it starts with our senators and our congressmen and our president. And I run things properly. What I run runs properly. One of the things I will do is take care of our veterans. It’s going to be very important. You know, you are a perfect example when you say three years to process a claim that should take 24 hours. Yes, ma’am.

UNIDENTIFIED FEMALE: On a lighter note, Boston Mayor Marty Walsh has challenged you to take the ice bucket challenge. Is that something you will do?

TRUMP: Look, he’s a clown Marty Walsh. I don’t even know who he is. This guy Marty Walsh, he spends all this time and effort and money on an Olympic bid and then he goes out and, you know, he is talking about ice bucket challenges. Get a real mayor. You know, he came out and he was strongly against — when we had the original problem with, as you know, when I was totally misquoted. Now everybody has apologized to me. Illegal immigration, I don’t like Trump’s statements. Now, everybody apologized because I turned out to be right. And you have had massive crime. You had beautiful Kate in San Francisco and so many others, even three days ago a 63-year-old woman — in fact 66-year-old woman was raped, sodomized and tortured by an illegal immigrant. And they caught him. And it’s just disgraceful what’s going on.

So I brought up — and I’m so proud of it. I brought up and I took a lot of heat that first week, week and a half. A lot of heat. They called it incoming from you people, incoming. Now so many people have apologized to me. And it has become a main stay of everybody’s campaign. The problem is they don’t know what to do about it. I do. I know how to solve the problem. And it starts with building a wall. Believe me. Okay. Yes, sir.

UNIDENTIFIED MALE: Governor Baker has said that some of your recent comments were reprehensible about women —

(CROSSTALK)

TRUMP: I don’t think he said that. No, I don’t think he said that. Let me tell you something. Jeb Bush said that on women’s health issues that he won’t fund them. He apologized. Are you okay? Jeb Bush said that on women’s health issues, he won’t fund them. Whose phone is that? You ready? Third time. Ready? Jeb Bush said that on women’s health issues, he won’t fund them. Then he said, I misspoke. I’m so sorry. I cherish women. Women will be taken care of better with a President Trump than anybody else republican or democrat. Anybody else. And you know you can look at my company. I have many women executives. They make in many cases more money, because the second question, how many do you have, many.

And I am going to be introducing them over a period of time, too. They are unbelievable executives. And they are paid almost — I think they are paid more. We’re looking into it. We’re studying it right now. But they get paid more. They are phenomenal. They are incredibly talented. And even years ago, in charge of major construction projects. I’ve had women in charge, which years ago was unheard of. So I’ve been way out in front. And Governor Baker should only dream about doing for women what I’ve done and what I will do. But on the women’s health issue, I will — there will be nobody better than Donald Trump.

It might be more. You know what it means? Whatever it takes. That’s what it means. Whatever it takes. Yes, ma’am.

UNIDENTIFIED FEMALE: Bernie Sanders has gained a lot of traction over Hillary Clinton —

TRUMP: Bernie Sanders has gained a lot of traction.

UNIDENTIFIED FEMALE: — in New Hampshire. What do you think the voters are looking for (INAUDIBLE)

TRUMP: Well, they’re looking for real change. You know, Obama said they’re looking for a change. And look what we got. We got change. But they’re looking for something different than what they have. And you know, Bernie Sanders is not going to end up being the standard. But certainly he and I are getting by far the biggest crowds. I mean, look at the crowd tonight. Other people have 51 people, 54 people. We have 2,500 people and 1,000 people or more than that are standing outside listening to microphones. And loudspeakers. So we have had, you know, we’ve had tremendous growth. I had 15,000 in Phoenix. We’ve had, you know, every crowd is a record crowd. Every crowd is totally sold out. And he has done the same thing on the other side with a very different philosophy, to put it mildly.

UNIDENTIFIED FEMALE: Mr. Trump, Rand Paul has come out with this ad that sort of strings together comments about —

TRUMP: Yes.

UNIDENTIFIED FEMALE: — healthcare and single payer healthcare and supporting Hillary Clinton. How concerned — you said your positions have evolved. But how concerned are you that people are going to —

TRUMP: I don’t think so. Look, I built a net worth of more than $10 billion. I’ve been a world class businessman. All over the world I build. I have some of the great assets of the world. And I don’t say that in a braggadocios way. That’s the thinking that our country needs to take our jobs back from China and Japan and Mexico and clean up the border, by the way, speaking of Mexico. But that’s the kind of thinking we need to take back our jobs, bring back our money, bring back our manufacturing. You take a look at China, what they have done. They have taken our money, our jobs, our base, our manufacturing. And we owe them $1.4 trillion. That’s like a magic act. They have taken everything and we owe them money.

You know, we owe right now China $1.4 trillion. It’s like a magic act. They get everything and we owe them money. Not the other way around. Because we’re led by people that don’t have a clue. Honestly, I think we’re led by stupid people. I don’t think they’re bad people. You know, it used to be they said it’s so bad it has to be that they’re bad people. I actually don’t think — I think they’re very stupid people. Our leaders don’t have a clue. They’re incompetent. And China is a great example. I met with Carl Icahn, one of the great business people. And I had dinner with him two nights ago. And I said, Carl, if O do this, I’m going to put you in charge of China and I’m going to add in Japan. And you know what? Everything is going to be just fine for us.

Going to be just fine. We have people negotiating for us that — they have no idea what they’re doing. They’re not even business people. And remember this, Bush and Hillary and all this — they have a lot of money. They raised a lot of money from my friends. I used to be one of them. I contribute to everybody. And they’re always there for me. But that’s not good for the country. That’s not good as a system. But Jeb has raised $114 million, approximately. Everybody that puts money up for Jeb Bush, it’s like he is a puppet. He is totally controlled by these people.

Jeb Bush is controlled by the people that put up the money. And so are the other candidates. I don’t want money from people. Other than small donations, because I have so many people — one woman sent $7 and other one sent one. I love that where they invest in my campaign. They invest. I don’t want that for the money. I want that because psychologically I think it’s great. But Jeb Bush has $114 million. What’s he going do with it? He’s start hitting me with ads, I guess, you know, at some point he has to. Because he’s going down the tubes. The guy is going down the tubes. There’s no energy. So, when Jeb and Hillary and all of these other candidates start spending money, remember this, that money was given by people that have total control over them. And those people, many of whom I know very well, they don’t care about him, they don’t care about the color of his hair, they don’t care anything about him. And they don’t care about the country in many cases. They only want whatever they want. And they will get plenty. Yes, sir.

UNIDENTIFIED MALE: Many of people who have contributed, we don’t know who they are. Would you call on Jeb Bush to have his PAC released the names of the donors?

TRUMP: They should release the names of the donors. I think we should be much more open, talking about campaign finance. I think we should be much more open. If somebody contributes a lot of money, we should know who those people are.

UNIDENTIFIED FEMALE: Citizens United, did you think that was a bad decision or did you agree with it?

TRUMP: Well, it’s not a great decision for me. And they are friends of mine. David Bossie, they’re friend of mine. Because I’m putting up my own money. So, here you have other people putting up money into other campaigns where they will have total control. A hundred percent Katie, they will have control of those people that are running for office. One of the reasons I’ve done so well in the polls is because everyone knows I’m not going to be controlled. I’m going to do what’s right for the country. No lobbyists. I know them all. I’ve hired many of them over the years. They’re very good. But when they give a million dollars or $5 million to Jeb Bush, they have total control over him. He will do like a puppet whatever they say. With me, there’s none of that.

UNIDENTIFIED FEMALE: So, would you push for legislation to change that?

TRUMP: I love the idea of campaign finance reform. And one of the things you should do is everybody should be known. If somebody gives a million or two million or five million it should be known. And I will tell you this nonsense with PACs where they have millions of dollars raised, a hundred million dollars raised and they don’t coordinate with the other people. I mean, Bush puts his best friend in there. They don’t talk. You are not allowed to talk. Do you really believe that that doesn’t happen? Okay. They’re not allowed to talk. Okay? They play golf on Saturday, but they don’t talk about the $100 million and where they’re going to invest. Come on. We’re not babies. It’s a shame. It’s a disgrace. And what I would like to see is if you put money up, you can put money into either or both. Do whatever you want. But there has to be transparency. You have to know where the money is coming from. And that would help.

UNIDENTIFIED FEMALE: What about limits —

TRUMP: Limits, okay.

UNIDENTIFIED FEMALE: What about Al Gore running, have you heard about that?

TRUMP: I would love to have — I think the concept of a woman running with me would be fabulous. Too soon to say. It’s too soon to say.

Well, I think that they will be probably involved at some point, because there’s a lot of pressure on Hillary right now. It has been brutal. It has been brutal for Hillary. And I think at some point she’s perhaps not going to be able to run. She’s going to have to end her campaign. That seems to be the thinking by so many. And I was saying that two months ago. And everyone thought, well, you, you know, you are not right. But it looks to me like what they have done — this is top secret stuff. Look, General Petraeus, his life was destroyed with a tiny fraction of what she’s done. So, it’s very unfair to him if they’re going to destroy him over doing by comparison nothing, I don’t see how she can run. I think she has got much bigger problems than running for office. Yes, ma’am?

UNIDENTIFIED MALE: Last question.

TRUMP: Okay, last question. We will do two more questions. Go ahead.

UNIDENTIFIED FEMALE: — Giving donations is bad for the country. Does that mean when you were giving donations to politicians, you were doing something bad for the country?

TRUMP: No, I don’t think donations when people don’t know who is donating are good. I think the concept of donations should be people should know who they are and who is contributing. I would rather see that. Don’t forget, while I’m friends with Citizens United and I like David Bossie who is the head of it all. I love him. I think he’s a great guy. But to me that doesn’t help me. Because I’m spending my own money. Okay? So, on a personal basis, I don’t love it. I think there should be better transparency. And I think when the money comes in, you should be able to use the money and do what you want. Because that’s what they do anyway. Everybody does it, unfortunately, not us because I’m not doing it. But these candidates are doing it illegally. Because they’re telling the people that are running the PACs exactly what to do. And if anybody thinks they’re not, they’re children.

UNIDENTIFIED FEMALE: You are headed to the Iowa State Fair next week —

TRUMP: I will be doing jury duty — can you believe? I’ll be doing jury duty on Monday morning. I knew you would ask me that question, Katie. I will be doing jury duty on Monday morning in New York City. UNIDENTIFIED FEMALE: Criminal court or district court?

TRUMP: I don’t know. It’s one of the courts.

UNIDENTIFIED FEMALE: Are you looking forward to it?

TRUMP: Yes. I’m looking forward to it. I think it’s fine. It’s going to be rolled out soon. Thank you very much. I will see you.

UNIDENTIFIED FEMALE: Are you still going to give free helicopter rides?

TRUMP: I don’t know. Are we giving helicopter rides? I think so. To the kids.

Trump Should Triangulate

Business, Economy, Elections, Free Markets, Government, Politics

“Trump Should Triangulate” is the current column, now on The Unz Review, America’s smartest webzine. An excerpt:

Working people warm to Donald Trump. He appeals to a good segment of real Americans. The circle jerk of power brokers that is American media, however, lacks the depth and understanding to grasp the fellow-feeling Trump engenders in his fans.

Working people warm to Donald Trump. He appeals to a good segment of real Americans. The circle jerk of power brokers that is American media, however, lacks the depth and understanding to grasp the fellow-feeling Trump engenders in his fans.

THE MEDIA STRUMPETS

Amid sneers about Trump’s “crazy, entertaining, simplistic talk,” the none-too bright Joan Walsh, Salon editor-in-chief, proclaimed (MSNBC): “I look at those people and I feel sad. That is really such a low common denominator. They’re all Republicans … they really don’t have a firm grasp on reality.”

For failing to foresee Trump’s staying power, smarmy Michael Smerconish (CNN) scolded himself adoringly. He was what “Mr. Trump would call ‘a loser.’” Smerconish’s admission was a way of copping to his superiority. From such vertiginous intellectual heights, Smerconish was incapable of fathoming the atavistic instincts elicited by the candidate. Nevertheless, the broadcaster “quadrupled down.” The country would be delivered from Donald by Mexican drug lord El Chapo, who’d scare Trump away.

Campbell Brown, another banal bloviator, ventured that Trump resonates with a fringe and was fast approaching a time when he would, like Herman Cain and Michele Bachmann, “max-out the craziness” quotient.

Trump supporters were simply enamored of his vibe, said a dismissive Ellis Henican.

As derisive, another Fox News commentator spoke about the “meat and potatoes” for which Trump cheerleaders hanker. I suspect he meant “red meat.”

National Journal’s Ronald Brownstein divined his own taxonomy of the Republican Beast: the “upscale Republicans and the blue-collar Republicans.” The group of toothless rube-hicks Brownstein places in Trump’s camp.

Pollster Frank Luntz provides his own brand of asphyxiating agitprop: The little people want to elect someone they’d have a beer with.

A British late night anchor—a CNN hire!—offered this non sequitur: Trump painting himself as anti-establishment and, at the same time, owning hotels: this was a contradiction. In the mind of this asinine liberal, only a Smelly Rally like “Occupy Wall Street” instantiates the stuff of rebellion and individualism. (Never mind that the Occupy Crowds were walking ads for the bounty business provides. The clothes they wore, the devices they used to transmit their sub-intelligent message; the food they bought cheaply at the corner stand to sustain their efforts—these were all produced, or brought to market by the invisible hand of the despised John Galts and the derided working people.)

I know not what exactly the oracular Krauthammer said to anger Trump, but it was worth it: “Charles Krauthammer is a totally overrated person … I’ve never met him … He’s a totally overrated guy, doesn’t know what he’s doing. He was totally in favor of the war in Iraq. He wanted to go into Iraq and he wanted to stay there forever. These are totally overrated people.”

Even media mogul Rupert Murdoch moved in on Trump, calling him an embarrassment to his friends and to the country.

Inadvertently, one media strumpet came close to coming clean about the serial failures of analysis among her kind. Wonkette, or Wonkette Emerita, aka Ana Marie Cox, spoke of “the superfluousness of the media’s predictions and its inability to perform the service of making sense of events.” Like Smerconish, Cox is hoping against hope that the little people are having fun at her expense and “are in some way in on the joke” that is Trump. …

… Read the rest. “Trump Should Triangulate” is now on The Unz Review, America’s smartest webzine.