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|Articles - November 2010|
|Thursday, October 21, 2010|
Page 1 of 6
BY BEN JACKLET
The signs of the economic times are impossible to ignore as Louis Pitt and Bernard Seeger roll from one end of Cascade Locks to the other, past the high school that recently shut down, the housing development that has stumbled into foreclosure and the lumber mill that has laid off its workforce indefinitely.
At first glance the two men seem an odd couple. Pitt, the director of government affairs and planning for the Confederated Tribes of the Warm Springs, is a hulking but soft-spoken Native American with long, dark hair and a deep, easy laugh. Seeger, city administrator for Cascade Locks, is a wiry, intense West Point graduate who runs the Pacific Crest Trail for recreation when he isn’t trying to run a city on limited resources. Pitt chuckles at the notion of running for fun; he prefers golf. But in spite of their completely different heritages and personalities, the two men share a strong conviction that a new casino in the Columbia River Gorge would do wonders for their constituencies, and for Oregon’s ailing economy.
At the far end of town they reach their destination: 25 acres of grass and oak trees next to the highway, a former lumber mill zoned light industrial. Nine million cars drive past this location each year. This is where the Warm Springs and Cascade Locks have been trying for nearly a decade to build a new tribal casino within 45 minutes of downtown Portland. They say the project would bring 400 construction jobs, 1,700 year-round jobs, $850 million for college scholarships, and $85 million for environmental restoration and economic development in the Columbia River Gorge — not to mention a road to economic self-sufficiency for the tribe and a ticket out of post-timber small-town depression for Cascade Locks. After years of opposition and delays, they recently earned preliminary approval from the federal government, and a final “record of decision” could come any day.
At least that’s how Seeger and Pitt prefer to see it. “We’ve been beating on this dog for so long,” says Seeger. “There’s not a flea left on it.”“We’re getting real close,” adds Pitt. “If this were a football game we’d be in the two-minute drill.”
But time could be running out. Environmental groups such as Friends of the Gorge remain steadfast against the casino, as do competing tribes and, perhaps most significantly, both candidates for governor. The jackpot is undeniably lucrative, but the odds are long for anyone hoping to change Oregon’s gambling status quo. And the Warm Springs and Cascade Locks are not the only players angling for radical changes.
A pair of Lake Oswego businessmen have partnered with a Las Vegas consultant and a Canadian investment firm in a bid to turn an abandoned former dog track in Wood Village into a $500 million casino and entertainment center, with rooftop gardens and an indoor/outdoor water park along with more slot machines than the largest casinos in Las Vegas. Also in the game is the Cowlitz tribe, which is working to set up a reservation anchored by a huge casino in La Center, Wash., backed by one of the wealthiest gaming tribes in the nation, the Mohegans.
Opposing all three of these projects are two entities that have grown exponentially as a direct result of gambling money: the Grand Ronde tribe and the state-run Oregon Lottery. Both these players are under heavy pressure to keep the money flowing into programs such as tribal health care clinics and public schools, and the last thing they need in a faltering economy is new competition closer to the state’s dominant financial center. That’s a change that few in state government would welcome, with budget shortfalls already requiring huge spending cuts. Both Republican Chris Dudley and Democrat John Kitzhaber have declared their opposition to the Warm Springs deal, meaning the stakes are high for the tribe to make something happen quickly in Cascade Locks. Indeed, the stakes are high for all of the players vying to develop a casino close to Portland.
Friday, July 10, 2015
BY DAN COOK
The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.
Wednesday, July 01, 2015
There are more than 10 million former military members working in the United States.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Wednesday, July 15, 2015
Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.
Wednesday, July 15, 2015
We asked readers how Obamacare has impacted their business.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Monday, July 13, 2015
BY KIM MOORE
A conversation with Greg Lambert, president of Mid Oregon Personnel Services.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.