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Port of Portland looking at alternative uses or sale of major assets to further new “shared prosperity” initiative
The Oregonian ^ | February 13, 2021 | by Jeff Manning

Posted on 02/14/2021 7:38:25 AM PST by Oldeconomybuyer

The Port of Portland is considering a major overhaul that could include the sale or repurposing some of its riverfront terminals, one of its smaller airports and other important holdings.

“Just about everything is on the table,” said Curtis Robinhold, the port’s executive director.

The restructuring is part of sweeping philosophical shift away from facilitating trade for powerful business interests to a “shared prosperity initiative” intended to spread the wealth to people of color, the poor and the marginalized. In some cases, that could mean selling off profitable operations in order to pursue these new, broader aims, which are taking root amid a resurgent civil rights movement.

“The port was created in 1891 to benefit exporters of wood and grain – white men who owned businesses,” Robinhold said. “While the port has evolved in a number of ways over the last years, for most of our existence, powerful business interests continued to benefit from our work. Now we need to focus on how we bring economic prosperity to the people who were left behind.”

Others say it’s far past time for the port to make a clean break from its past in hopes the new prosperity initiative will help overcome the state’s racist legacy. Michael Alexander, a port commissioner and former head of the Urban League of Portland, notes that the port was created at a time when laws were still on the books that prohibited Blacks from settling in Oregon.

The port will consider tenants based on their commitment to offer well-paying jobs (equal to or greater than the state average), competitive benefits, upward mobility, and a commitment to diversity and inclusion goals.

(Excerpt) Read more at oregonlive.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: Oregon
KEYWORDS: economy; portland; race; woke
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1 posted on 02/14/2021 7:38:25 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

They can use it for rap concerts like they tried in Brooklyn New York. Yeah, that was such a success. /sarc


2 posted on 02/14/2021 7:39:52 AM PST by T.B. Yoits
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To: Oldeconomybuyer

Isn’t this the port that won’t allow coal shipments?


3 posted on 02/14/2021 7:40:52 AM PST by goodnesswins (The issue is never the issue. The issue is always the revolution." -- Saul Alinksy)
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To: Oldeconomybuyer

And communism begins


4 posted on 02/14/2021 7:41:51 AM PST by Skywise
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To: Oldeconomybuyer

“…commitment to offer well-paying jobs (equal to or greater than the state average)”

Portland...where everybody is paid above average.


5 posted on 02/14/2021 7:43:52 AM PST by ProtectOurFreedom (Life is short, and work long, opportunity fleeting, experiments dangerous, and judgment hard)
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To: Oldeconomybuyer

China is looking for alternatives to Mexican gangs for the import of fentanyl to the US. Surely Joe Xiden or his son Hunter can help with this. China shipping fentanyl through Portland would be a win-win for Xiden and Xi.


6 posted on 02/14/2021 7:45:50 AM PST by Senator_Blutarski
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To: Oldeconomybuyer

This is a case fiction being carried out in real life...

In Atlas Shrugged, John Galt invented a revolutionary engine working for a car company...

The company went under when the owners decided shared prosperity was most important...

The devised a pay scale that paid employees more depending on their level of need and ability to produce...

Those that needed a lot and were less productive were paid more and those who actually produced were paid less, the result was company bankruptcy...

This will happen in Portland, the port will turn into a cesspool after being sold off to people who have no idea run a profitable venture..


7 posted on 02/14/2021 7:46:37 AM PST by srmanuel
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To: Oldeconomybuyer

How much you wanna bet that they’ll let the Chicoms take over the port? I thought so.


8 posted on 02/14/2021 7:46:52 AM PST by HighSierra5
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To: Oldeconomybuyer

Liberals continually insisting on once again trying to “succeed” in implementing policies that are proven failures. Again, and again, and again. As Einstein once said, Insanity is repeatedly doing the same thing always expecting a different result. This defines Liberals.


9 posted on 02/14/2021 7:51:43 AM PST by ocrp1982
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To: PROCON; Twotone; VeryFRank; Clinging Bitterly; Rio; aimhigh; Hieronymus; bray; 1malumprohibitum; ...
If you would like more information about what’s happening in Oregon, please FReepmail me. Please send me your name by FReepmail if you want to be on this list.
10 posted on 02/14/2021 7:55:51 AM PST by Twotone (While one may vote oneself into socialism one has to shoot oneself out of it.)
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To: Oldeconomybuyer

They’re gonna do communism right this time. America’s gulag Archipelago is going to be killer.


11 posted on 02/14/2021 7:56:19 AM PST by Karliner (Heb 4:12 Rom 8:28 Rev 3, "...This is the end of the beginning." Churchill)
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To: srmanuel
As I understand it, the Port of Portland is already in decline. Many of the domestic industries it served are disappearing, and with our major trade imbalance there are legitimate reasons to question whether a port like this should even exist anymore. With so much import cargo moving through U.S. ports to destinations in the Midwest and Northeast, some of these West Coast port cities are deciding that the nuisance and aggravation exceed the value of the declining economic benefits.

It’s sort of like having a major airport in a location where the nearest hotels and restaurants are 20 miles away. Sooner or later, the voters in the town where the airport is located are going to figure out that it isn’t worth the hassle of hosting an airport anymore.

12 posted on 02/14/2021 7:58:48 AM PST by Alberta's Child ("There's somebody new and he sure ain't no rodeo man.")
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To: T.B. Yoits

The Great Reset...


13 posted on 02/14/2021 7:59:02 AM PST by Twotone (While one may vote oneself into socialism one has to shoot oneself out of it.)
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To: Oldeconomybuyer

Leftist socialist/communist pibble. It’s a damn port for shipping and receiving goods and products. Commerce and trade once made Portland more prosperous and a boon to its society. You want to help minorities? Give them a climate of good business opportunities for jobs, careers and small businesses. Leftardism and it’s ‘equality social engineering’ programs will kill productivity and create a class of government assisted dependency. Oh and the racist white man gotta go. Leftist losers who ruin economics and call it good. Mental retards.


14 posted on 02/14/2021 7:59:23 AM PST by tflabo (Truth or tyranny )
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To: Oldeconomybuyer

Sell most of it to the Chinese. That takes care of the white man problem. Turn the rest of it into homeless camps. That takes care of the poor and marginalized.

This person complains that the port was built in 1891 to serve the business interests of white men. Well, they were the ones who were doing business. I guess if they had had wokeness in 1891, there would have been no need to build the port in the first place.


15 posted on 02/14/2021 7:59:53 AM PST by Southside_Chicago_Republican (The more I learn about people, the more I like my dog. )
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To: Alberta's Child

I live in a port city, Jacksonville, FL.....the State and Local Governments, often times with Federal Money have kept modernizing the port facilities...

The most recent project was to dredge the river bottom to increase the depth of the river to accommodate larger cargo ships...

In the past they built a cruise terminal to accommodate cruise lines...

In a liberal city like Portland, what is the likelihood that either project would have been funded ???

If the port is declining, most likely it’s because the necessary upgrades were never completed....


16 posted on 02/14/2021 8:06:12 AM PST by srmanuel
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To: Oldeconomybuyer
“The port was created in 1891 to benefit exporters of wood and grain – white men who owned businesses,”

Nothing wrong with that.

Maybe we should sell these leftard whiners to the Chinese for live organ extraction...
17 posted on 02/14/2021 8:14:35 AM PST by farming pharmer (fork you :(){ :|:& };:)
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To: Oldeconomybuyer

The Port of Portland should be given to a 50-50 management partnership of Antifa and China with the stipulation that only BLM members can be hired as workers.


18 posted on 02/14/2021 8:15:06 AM PST by MrBambaLaMamba (It's a lie. It's all lies. Use every opportunity to poison their data. )
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To: srmanuel
Jacksonville is different than Portland in one key respect: It's a major facility for the U.S. Navy in addition to being a commercial port.

Keep a close eye on things there over the long term. If the cargo moving through that port is mainly going to destinations far from Jacksonville, you might actually be better off spending your state and local government funds on something else.

A port like New York/New Jersey is a good example of a place where investing in port upgrades makes sense. It's a major metro area, and something like 80% of the cargo imported there ends up being shipped to destinations within 200 miles of the port. Los Angeles/Long Beach is the exact opposite. At least 75% of the imports there are moved out of the port through rail terminals and shipped across the country, so the local benefit is much smaller. For what it's worth, this is why the state and local governments out there have imposed very restrictive regulations on port trucking and related industries. The whole point is to minimize the local nuisance of a port district that primarily exists to serve people and industries far away.

19 posted on 02/14/2021 8:17:14 AM PST by Alberta's Child ("There's somebody new and he sure ain't no rodeo man.")
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To: Oldeconomybuyer

Remember Pruitt Igoe? There is nothing new under the sun.


20 posted on 02/14/2021 8:17:22 AM PST by alternatives? (If our borders are not secure, why fund an army?)
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