Portland’s Mayor Katz and Commissioner Sten are spending a half-million dollars to study the city’s rights to acquire most of PGE’s assets, possibly through condemnation. The idea of a government takeover of PGE should die a quick death.
Here’s the most obvious question. A sour economy has pushed commissioners to seek (more…)
In June of 1993 Cascade Policy Institute published the report Seven Principles of State Budget Reform. Ironically the opening sentence asked, “Why is there another fiscal crisis in Oregon?”
The current so-called budget crisis is not an accident: It was created by the (more…)
Even after a year, it’s too early to know what September 11th will eventually come to symbolize for our country. What it should not symbolize is a turning point beyond which Americans willingly began giving up some of the very liberties that made, and keep this country great.
Before the attacks, Americans were (more…)
The United Nations conference on sustainable development is winding down after a week of hand-wringing in Johannesburg, South Africa. As expected, the United States served as an international piñata for many of the delegates from poor nations. In speech after speech, the U.S. was criticized for its level of affluence, especially relative to other nations. South African President Thabo Mbeki, opening the conference, claimed that “a global human society based on poverty for many and prosperity for a few, is unsustainable.”
However, the notion that the rich are getting richer and the poor are getting poorer is (more…)