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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

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To: 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.”

Privatizing the terminals and airports is not necessarily a bad thing, but the sale will be with so many restrictions (new owners must agree not to seek profit) that it will likely be a net loss to the community.

Plus, any proceeds from the sale will be squandered by politicians on gender studies or some such.

This could be the straw that breaks the camel's toe under the tent.

41 posted on 02/14/2021 8:46:19 AM PST by jeffersondem
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To: Alberta's Child

Not only is the port in decline all business and residential areas are in the beginning stages of decline. Portland had a bright future until the city council started supporting non-sensical progressive initiatives. This attracted more progressives and the decline started to escalate. If you look behind these proposals you will find a city that has decreasing tax revenues, decreasing property values, with higher social and employee benefit costs. The handwriting is on the wall. They need to maximize income, reduce costs & maintenance while the property still has positive investment potential.


42 posted on 02/14/2021 8:55:31 AM PST by .44 Special (Tiamid Buacach!)
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To: SoCal Pubbie

If there are 40 million people in California then there are at least 280 million in the rest of the country. The 75% figure I cited looks very reasonable in that context, doesn’t it?


43 posted on 02/14/2021 9:00:00 AM PST by Alberta's Child ("There's somebody new and he sure ain't no rodeo man.")
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To: srmanuel
Jacksonville will always be a port city, currently they are perhaps the biggest port for Toyota imports.

Given a choice between investing state and local government funds for a port and investing these funds for a Toyota plant, I’ll bet you’d find that the Toyota plant has a much bigger economic impact.

44 posted on 02/14/2021 9:02:27 AM PST by Alberta's Child ("There's somebody new and he sure ain't no rodeo man.")
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To: Oldeconomybuyer

Didn’t know a port could be racist!! Amazing.


45 posted on 02/14/2021 9:04:50 AM PST by Deplorable American1776 (We might be DEPLORABLES, but we don't CHEAT like Dem)
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To: Oldeconomybuyer

It’s not like we have to fear Portland repealing the laws of economics.

As they go crazy, their economic will fall apart. It’s as simple as that. White people are not immune to their cities falling apart, the way Black people’s cities fell apart. The laws of economics don’t discriminate.

The idea that they will be able to tax those of us who work so people who don’t work can have equity is ridiculous. Working people aren’t stupid. If working doesn’t pay, we’ll join the ranks of the shiftless, no good, dope-smoking, video-game addicted, math retards. Then, who will pay the bills?

As to why the people in the rest of Oregon put up with the communists in Portland is beyond me. But, I could say the same thing about the people of Washington outside of Seattle, and the people of quite a few other states outside of their cities.

There’s a side of me that says that upon gaining control of the federal government, we should enforce the constitutional prerogative of the Congress - not the states - to regulate interstate commerce. Then there is another side of me that says the states should withdraw from the cities.


46 posted on 02/14/2021 9:05:53 AM PST by Redmen4ever
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To: MrBambaLaMamba

that only BLM members can be hired as workers.


Yeah, like BLM members wanna actually work.


47 posted on 02/14/2021 9:06:27 AM PST by chaosagent (Remember, no matter how you slice it, forbidden fruit still tastes the sweetest!)
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To: alternatives?

“Remember Pruitt Igoe” Yes! The text book example of a controlled explosion to drop buildings:
https://www.youtube.com/watch?v=2UntpCv3nFU


48 posted on 02/14/2021 9:09:58 AM PST by MCF (If my home can't be my Castle, then it will be my Alamo)
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To: Oldeconomybuyer

Self detonation.


49 posted on 02/14/2021 9:11:36 AM PST by Uncle Miltie (American gun owners number more than the top 10 armies combined. What's Biden's enforcement plan?)
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To: T.B. Yoits

https://www.unz.com/estriker/nyc-black-lives-matter-supporting-hipsters-targeted-in-spree-of-black-on-white-violence/

There already is a race war.


50 posted on 02/14/2021 9:14:39 AM PST by Pining_4_TX (“It's tough to make predictions, especially about the future.” ~ Yogi Berra)
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To: Alberta's Child

Perhaps, but you invest in your natural resources which is a major river that empties into the Atlantic Ocean, you capitalize on it...

Besides cargo, the port accommodates cruise passengers and Naval Ships....that’s what we have, it makes sense to maximize it...

Besides those cars have to get to the dealers somehow, that’s why having a major railroad located in town, plus two major interstate highways, one running north/south and the other east/west....


51 posted on 02/14/2021 9:24:15 AM PST by srmanuel
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To: MrBambaLaMamba

The Chinese would see the work ethics and bring them home to meet the Uyghurs for some training.


52 posted on 02/14/2021 9:24:58 AM PST by Pollard (Bunch of curmudgeons)
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To: Skywise

That’s not communism. It’s city property and they can do what they want with its proceeds.


53 posted on 02/14/2021 10:16:48 AM PST by DownInFlames (Gam)
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To: DownInFlames

” 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.”

Communism.


54 posted on 02/14/2021 10:42:17 AM PST by Skywise
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To: Oldeconomybuyer

55 posted on 02/14/2021 11:04:44 AM PST by aquila48 (Do not let them make you care! Guilting you is how they control you. )
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To: ProtectOurFreedom

Yes, everybody deserves to be paid above the average!


56 posted on 02/14/2021 11:11:52 AM PST by aquila48 (Do not let them make you care! Guilting you is how they control you. )
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To: HereInTheHeartland

“The port was created in 1891 to benefit exporters of wood and grain – white men who owned businesses,” Robinhold said.“”

And Robinhold is a white guy. The biggest enemies of the white race are self loathing, virtue signaling whites.


57 posted on 02/14/2021 11:17:08 AM PST by aquila48 (Do not let them make you care! Guilting you is how they control you. )
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To: Alberta's Child

But not the port of New York. Everything that comes in there stays in the city. Yeah, sure.

You’re crazy idea that west coast ports should abandon shipping overlooks the forty million tons of outbound freight every year, generating five billion dollars of economic impact with resultant tax revenue, and plenty of high paying longshoremen jobs,

But yeah, sure what’s the point when you ship some out of state. Like Walmart, they don’t sell anywhere outside of Bentonville, Arkansas.


58 posted on 02/14/2021 11:20:08 AM PST by SoCal Pubbie
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To: Oldeconomybuyer

Portland. Sure, risk one’s business capital and one’s life savings to get investments going in Portland.

Next unfair police encounter it gets looted, burned down and made into a shelter for BLM supporter squatters in a CHOP restricted zone for about 6 months. Sounds like a plan!

Plan B: Avoid Portland.


59 posted on 02/14/2021 11:30:52 AM PST by frank ballenger (End vote fraud, harvesting,non-citizen voting & leftist media news censorship or we are finished.)
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To: Oldeconomybuyer
"The port was created in 1891 to benefit exporters of wood and grain..."

But since then, relegated to imports? If so, sure. Move the inner city populations of equatorial cultures in there. The regulatory environment there should be great for them. Rioters, meet the left coast NIMBYs. ;)

60 posted on 02/14/2021 11:36:21 AM PST by familyop
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