News May 29, 2009 at 2:44 pm

Comments

1
The place in that photo is "Portland’s reaction to the sterile environment of most offices"?

Not a very strong reaction.
2
I fail to understand why things like this become community drama.
You fail to turn a profit and follow the rules set by those who lend things to you=or they take them away.
I guess 'actions have consequences' is news in Portland.
3
Cubespace is the place to schedule a meeting for the web tech creative community. They have hosted bar camps - mini DIY technical conferences with beer where people hatch startup ideas or just exchange very cool ideas and training for free. These have included ideas about geolocation, maps, social networking, open source elections. So if you need to rent space for an event, do it there - you will have instant access to a really amazing community. Easily the catalyst for the next aboutus or platial (.com).
4
That's a little harsh, D. Just because a party is legally entitled to take an extreme action doesn't always mean that action is the correct action to take.

I don't see any reason why "Big Bank With No Obvious Future Tenants In A Horrible Commercial Real Estate Market Kicks Out Innovative Small Business Incubator" can't be a "community drama" worthy of an local market alternative weekly.

I'm not saying anyone is necessarily in the wrong here; we'd need more facts to be able to make a judgment. I just dislike blithe "boo-fucking-hoo, it's capitalism" comments.
5
#furbleweeds
6
"You fail to turn a profit and follow the rules set by those who lend things to you=or they take them away."

Fuck that. This whole economic mess is because entities like US Bank have run amok with our financial system. It is perfectly legitimate for the community to step in on these matters. I hope we see more of it. It makes sense in a time of broad economic distress to require creditors to cut us all some slack. If they won't do it voluntarily, we can do it forcibly by changing the laws. It's all part of the social contract.
7
Well I hate to be the one to bring it up (well, not really) but US Bancorp (the owner of U.S. Bank) made a shit pie of its business and got 6.6 billion dollars in bailout stock buyout. So maybe actions do have consequences in the business world, but they aren't really the right party to be making that argument.
8
No, I totally agree they were harsh, if not total a$$hats.
And secondly - gov't forcing banks to give people (who couldnt pay them back) bad loans started the snowball created the mess.
Third, if you are a business you don't want bailout $. It makes you beholden to the govt a lot harsher than if you got it from a private entity. They literally own you.
9
@Blabby You wanna see a strong reaction? Pour some drano into a 2-liter bottle with aluminum foil. #lamejokes
10
So what I take away from what your saying D is that

1) In taking bailout money, US Bancorp became obligated to extend credit to businesses which might not ordinarily merit credit, presumably to reduce the number of layoffs and evictions.
2) Cubespace might not merit an extension of credit.

Conclusion: US Bank should not extend Cubespace a relatively small extension, and instead evict the whole lousy bunch of them (because actions have consequences, after all)
11
yay, new intern! do good work!
12
Hi A cat! #furbleweeds
13
right back atcha!
14
SAMADAMS HAS GOTS TO SAVE CUKESPACE! OR OBAMBAM, JUST SOMEBODY SAVES CUKESPACE!
15
A Cat, intern do bad work actually.

http://ourpdx.com/2009/05/portland-mercury…

Used a copyrighted commercial photo without attribution.

Please wait...

Comments are closed.

Commenting on this item is available only to members of the site. You can sign in here or create an account here.


Add a comment
Preview

By posting this comment, you are agreeing to our Terms of Use.