MonthMarch 2009

Why you should be optimistic about Portland’s future

It could be worse

We think we have it bad here in Portland, but many cities have it much worse. According to this BLS report, Portland clocks in at 269/369 in employment rates – ahead of struggling cities like Los Angeles and Las Vegas. Not to mention economically crippled cities Detroit and Flint.

Inventive City

According to the Wall Street Journal, Portland ranks 13th in number of patents filed, trailing Silicon Valley but beating Seattle and New York. Why is this important? As the article says “New patents often lead to the creation of new companies, which in turn mean more jobs.” Whatever your position on patents and intellectual property, having a large number of inventors in town bodes well.

Renewable Energy Leadership

The announcement that wind turbine manufacturer Vestas is expanding their North American head quarters in Portland was overshadowed by gloomy layoff announcements by OHSU. That, combined with the fact that the Pacific Northwest has a clean power surplus paint a bright picture for Portland’s future in the “green economy.”

Portland’s also been ranking as one of the cities best prepared for Peak Oil.

Creative economy

I’ve talked off and on here about Richard Florida and his creative economy ideas (the patent thing plays into this as well). Portland’s home to apparel heavy-weights like Nike and Columbia (and is the regional headquarters for Addidas) and start-ups like Nau and Ryz.

We also just saw the release of Coraline from Portland animation studio Laika, and the release of Hellboy 2 based on the Milwaulkie, OR based Dark Horse Comics series. Portland is also home to Top Shelf Productions, publishers of Alan Moore‘s League of Extraordinary Gentlemen and From Hell comics, and Oni Press.

Portland’s also become a hub for marketing and design companies, most notably Wieden+Kennedy.

Intel upgrading during the recession

Intel, the areas largest employer, is closing some locations in Hillsboro. But they’re also investing in upgrading other local plants. Intel bet on their higher end processors, missing the better opportunity in lower end (but more innovative) processors for netbooks. Intel is investing in their future during the recession, preparing to produce more chips for netbooks and smartphones.

Conclusion

Incidentally, none of this depends on government stimulus spending, though that certainly won’t hurt the green energy part. Portland is a strong position ecologically – we’re able to subsist on a comparably low amount of oil, and are positioned within a region producing an excess of electricity. We also have a wealth of visionary talent, complemented with the resources to design, manufacture, and market their creations. Most importantly: we don’t have all our economic eggs in one basket. Things are tough right now, but there are few places in a better position for the future.

Online-only LA Times could support 125 reporters

After a day or two of playing with the numbers, he came back to me with an interesting picture: Based on its current level of online ad revenue, he says, the L.A. Times could support a staff of about 275 people at their present salaries, and even offer a slight bump in benefits. This factors in office space, equipment, and all other major costs. And get this: The paper would be a solid moneymaker, boasting a profit margin of about 10%.

Of those 275 folks, Stanton figures, about 150 would work in the newsroom; the rest would sell ads, provide tech support, and handle various administrative duties.

This is far from a perfect solution, of course. Many older readers, in particular, are bound to balk at any arrangement that tries to force them online. What’s more, cutting the news-gathering ranks to just 150 would sharply curtail what the Times could do, while causing a great amount of pain to those who’ve lost their livelihoods. The paper today has about 625 reporters and editors around the world (a stable that’s down from the 1,000-plus when I was there just a couple of years ago).

But perfect isn’t an option for the newspaper industry anymore. “In turbulent times,” Drucker wrote, “the first task of management is to make sure of the institution’s capacity for survival.” And that’s just it: With 150 journalists, a paper such as the L.A. Times could indeed survive—and still provide an indispensable service to the community.

Full Story: Business Week

(via Jay Rosen)

Most religious groups in USA have lost ground, survey finds

Good news for a change:

So many Americans claim no religion at all (15%, up from 8% in 1990), that this category now outranks every other major U.S. religious group except Catholics and Baptists. In a nation that has long been mostly Christian, “the challenge to Christianity … does not come from other religions but from a rejection of all forms of organized religion,” the report concludes.

Full Story: USA Today

(Via Thiebes)

The press’s role in difusing financial warnings leading up to crisis

Includes some notes about who got it right.

The Audit wants to know. What role did the press play in diffusing financial warnings in the years leading up to the current crisis?

We can’t answer that question in its entirety—especially not in one post—but we can offer an example for your consideration: the press’s supremely insufficient response to an important 1994 report by the Government Accountability Office, the investigative arm of Congress, warning about the dangers of derivatives—those largely unregulated financial instruments that have played such a central role in the current collapse.

The two-hundred page report, two years in the making, could have resulted in tough derivatives legislation, which is to say needed regulation. But it didn’t. The reasons why are complicated, and the press is certainly not the only culprit here, but it did play a key role. What happened is this: A triumvirate of the financial industry, misguided regulators and a passive press relegated the report to the dustbin almost as soon as it came out.

This despite the fact that the report was remarkably prescient in its strong warning about derivatives—almost a decade before Warren Buffet’s now-famous derivatives-as-WMD comment. […]

Where was the press in all of this? Generally abdicating its imperative to shape the story—to sift through disparate pieces of information and put them in their places—and employing instead a false evenhandedness.

Let us explain.

Some articles merely summarized the report, avoiding the issue of significance entirely. But often reporters brought in opposing voices. That is standard, of course, and not a problem in and of itself. The problem is that reporters seemed at a loss over what weight to give opposition to the report. The result was that they gave it equal time—or more. And so the GAO, which had spent two years making itself an expert on derivatives, became just one voice among many, only to be gradually shouted down by a persistent opposition.

In reality, the GAO was the authority here, and unlike many of its opponents, didn’t have a horse in the race. Some opponents of the bill called the document politically biased in an effort to discredit it. But the problem with that accusation, which seems to have been aimed at Democrats, a few of whose members were at the forefront of the call for legislative action, is that—while solutions may have differed across party lines—concern over derivatives was not entirely limited to one party.

Full Story: Columbia Journalism Review

1 in 50 American children experiences homelessness

One of every 50 American children experiences homelessness, according to a new report that says most states have inadequate plans to address the worsening and often-overlooked problem.

The report being released Tuesday by the National Center on Family Homelessness gives Connecticut the best ranking. Texas is at the bottom.

“These kids are the innocent victims, yet it seems somehow or other they get left out,” said the center’s president, Dr. Ellen Bassuk. “Why are they America’s outcasts?”

The report analyzes data from 2005-2006. It estimates that 1.5 million children experienced homelessness at least once that year, and says the problem is surely worse now because of the foreclosures and job losses of the deepening recession.

“If we could freeze-frame it now, it would be bad enough,” said Democratic Sen. Robert Casey of Pennsylvania, who wrote a foreward to the report. “By end of this year, it will be that much worse.”

The report’s overall state rankings reflect performance in four areas: child homelessness per capita, child well-being, risk for child homelessness, and state policy and planning.

The top five states were Connecticut, New Hampshire, Hawaii, Rhode Island and North Dakota. At the bottom were Texas, Georgia, Arkansas, New Mexico and Louisiana

Full Story: AP

Vatican defends excommunicating abortion doctors but protecting child rapists

Just kidding. The media gives the Vatican a free pass on their pedophile-ring as usual:

A senior Vatican cleric has defended the excommunication of the mother and doctors of a nine-year-old girl who had an abortion in Brazil after being raped.

Cardinal Giovanni Battista Re, head of the Catholic church’s Congregation for Bishops, told the daily La Stampa on Saturday that the twins the girl had been carrying had a right to live.

“It is a sad case but the real problem is that the twins conceived were two innocent persons, who had the right to live and could not be eliminated,” he said.

Re, who also heads the Pontifical Commission for Latin America, added: “Life must always be protected, the attack on the Brazilian church is unjustified.”

The row was triggered by the termination on Wednesday of twin foetuses carried by a nine-year-old allegedly raped by her stepfather in the Brazilian state of Pernambuco.

Full Story: AAP

(via The Agitator)

You read Watchmen, what comics should you read next?

This is a pretty good list:

From Hell

Or Else

Sleeper

The Invisibles

100%

American Flagg

The Dark Knight Returns

Miracleman

DC: The New Frontier

Full Story: io9

Off the top of my head, I’d add Stray Bullets.

What would you add?

(via The Agitator)

Filmmaker plans “Eyeborg” eye-socket camera

A Canadian filmmaker plans to have a mini camera installed in his prosthetic eye to make documentaries and raise awareness about surveillance in society.

Rob Spence, 36, who lost an eye in an accident as a teen-ager, said his so-called Project Eyeborg is to have the camera, a battery and a wireless transmitter mounted on a tiny circuit board. http://www.eyeborgblog.com/

“Originally the whole idea was to do a documentary about surveillance. I thought I would become a sort of super hero … fighting for justice against surveillance,” Spence said.

“In Toronto there are 12,000 cameras. But the strange thing I discovered was that people don’t care about the surveillance cameras, they were more concerned about me and my secret camera eye because they feel that is a worse invasion of their privacy.”

Spence, in Brussels to appear at a media conference, said no part of the camera would be connected to his nerves or brain.

Full Story: Reuters

(via Phase II)

Monster mummies of Japan

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monster_mummy_6

More Pics: Pink Tentacle

See also: Mermaid Mummies at Pink Tentacle

These remind me of the work of Alex CF:

Laid-Off Arizona Journalists Start Online-Only Publications

The Arizona Guardian and Heat City are two examples of web-only news sites started by recently unemployed journalists.

The Arizona Guardian is run by four Phoenix-based journalists who were recently laid off from the East Valley Tribune. The Guardian covers legislative issues and other aspects of the state capitol.

Heat City is run by Nick Martin, another journalist laid off by the Tribune. The website covers criminal justice and media issues, but the centerpiece of its coverage is the trial of accused serial killer Dale Hausner.

Full Story: Media Shift

(via Ethan Z)

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