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Drinking Liberally — Seattle

by Darryl — Tuesday, 10/15/13, 3:17 pm

The crisis continues…the federal government is still being held hostage, but that won’t keep us from plotting a rescue mission. Please join us for an evening of rescue politics over a pint at tonight’s gathering of the Seattle Chapter of Drinking Liberally.

We meet tonight and every Tuesday evening at the Montlake Ale House, 2307 24th Avenue E. Our normal starting time is 8:00pm.






Can’t make it to Seattle tonight? Check out another nearby DL meeting over the next week. The Tri-Cities and Shelton chapters meet tonight. The Lakewood and South Seattle chapters meet this Wednesday. For Thursday, the Spokane and Tacoma chapters meet. And next Monday, the Aberdeen, Yakima and Olympia chapters meet.

With 210 chapters of Living Liberally, including eighteen in Washington state, four in Oregon, and three more in Idaho, chances are excellent there’s a chapter meeting near you.

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Open Thread 10/15

by Carl Ballard — Tuesday, 10/15/13, 8:07 am

– How do you know when a Koch brothers sponsored group is lying in a press release? If it issued a press release.

– And the goddamned town full of righteous assholes who populate Maryville, Missouri joined up to recite the sacred mantra of “boys will be boys” and to condemn and harass the victims.

– Maybe not letting King County fund its own transit is a way to fund the 520 bridge since people are switching in large numbers due to the tolling.

– “As a matter of policy I always wait a few days before reading anything Alessandra Stanley writes so editors have time to issue the necessary 3-4 corrections. So I admit I’ve yet to read the piece.”

– This weekend’s weird protest against the fallout of the government shutdown they engineered is just the latest primal scream from this slowly dying breed of American.

– Three Olympia local food options that aren’t the co-op or the farmers market

– I always try to write a quick email when I’ve had good customer service (although in fairness, I’ve never been great at following through on it). Lately though, it’s been harder and harder to find a good email address. I feel like I’m being pushed to Twitter and Facebook, but those feel too public for that. Is it that putting those addresses somewhere where I can find it means that it’s also somewhere where billions of spam bots can find them too? Has anyone else had this problem, or is it just me?

– Ayn Random

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Open Thread 10/10

by Carl Ballard — Thursday, 10/10/13, 8:02 am

– No, private charity can’t handle it alone

– Well it looks like our tattered campaign finance system will probably manage to get even weaker.

– Patty Murray’s guest editorial on the government shutdown (Seattle Times link).

– Did anyone watch the mayoral debate? I probably should have as a civics nerd who is undecided in that race and who likes both of the candidates. But I had other things to do.

– In yesterday’s post, I mentioned one King County Health Care event. You can find more here, if you want to go.

– The State Senate’s transit listening tour is coming to Seattle. The Transit Riders Union is pretty cynical about it, but encourage you to show up.

– Maybe those state senators are just running away from the bear in Olympia (Daily O link).

– RIP Comet Tavern

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Candidate Answers: Nick Licata

by Carl Ballard — Wednesday, 10/9/13, 8:02 am

My questions in bold, Nick Licata’s after that:

1) Now that I-502 has passed, what should the purchase of marijuana look like within city limits? Will medical marijuana collective garden storefronts in Seattle have to abide by the 1000-foot rule established by I-502?

The State Liquor Control Board has allocated 21 retail licenses for recreational marijuana in Seattle, legalized by I-502, which I strongly supported. The stores will likely open during spring of 2014. More stores could open if demand is high enough.

I believe the state legislature needs to act to place medical marijuana within a clearer legal framework than its current “grey” status, a result of the partial Governor’s veto in 2011. The needs of medical patients must be met, and I’m not convinced the recreational market will meet that need. I’d like to see a medical license with clearer restrictions, and a reduced number of dispensaries. In any case, the US Attorney has stated that the current lack of regulations isn’t viable, and given the illegal status of marijuana at the US federal level, that is a caution we should heed.

I am co-sponsoring legislation that would require dispensaries or to be within commercial or industrial zones—more or less the same as retail stores for other legal products. It’s likely there will be a lot less dispensaries; the state could attempt to incorporate medical marijuana into the 502 system, though I’d prefer a separate, smaller regulated medical system.

2) With Metro’s ability to fund itself at the whim of the legislature, what should the city’s role be in public transportation? How should the City Council both make sure we get our fair share, and that the system serves the entire region well?

Ensuring our bus service is vital. The bus system is the best way to serve every neighborhood and business district; it should be our first public transportation priority. Should the state not grant King County authority to maintain funding for current service, the City may need to use its existing Transportation Benefit District authority to maintain service in Seattle via a ballot measure. Such a measure should be short-term only, for one or two years, and clearly state that once King County is able to collect funding via state authority, the City funding should stop. All neighborhoods and business district should have a good level of bus service before we consider building more streetcars. Light rail should be pursued within the regional context.

3) What should the waterfront look like after the Viaduct comes down? Will there be a streetcar or other transit?

A post-Viaduct waterfront should live up to the tag line planners currently employ, “A Waterfront for All,” in three crucial ways. First, it should provide free and easy access to Puget Sound in the form of beaches, open space and structures that directly abut the water. Second, it should offer a wide variety of free activities, such as music concerts, community festivals and other public gatherings that can attract a diverse audience of residents in addition to tourists. And last, it should contain surprises, such as artistically designed wayfinders at intersections, writers’ parks along the water that allow for reading, writing and contemplation, and integrated public art that amplifies the emotional, cultural and historic aspects of the waterfront.

I supported studying streetcars on the waterfront. The study is complete, and the estimated cost to place a streetcar on the waterfront is between $35 and $55 million. The decision to place a streetcar on the waterfront will have to take place within the overall spending plan for the waterfront.

4) What should happen in the next 4 years to make sure that police reform both satisfies the Feds, and works for Seattle citizens?

I support the City of Seattle’s policing reform objectives as follows:

  • Prompt implementation of reform;
  • Transparency;
  • Alignment of the monitoring plan with the scope of the Settlement Agreement;
  • Certainty that the monitoring plan follows the specific commitments of the Settlement Agreement; and
  • Ensuring that taxpayer dollars are spent to best further the speedy implementation of the Settlement Agreement.

We will best and most timely realize these objectives if we seek to uphold the spirit and the law of the Department of Justice’s Settlement Agreement and Memorandum of Understanding. They find that ongoing community input is a necessary and critical component of achieving and maintaining effective and constitutional policing.

The Community Police Commission is established to provide an independent forum for dialogue and widespread input on the reform efforts required by the Agreement/Memorandum. It is responsible to “leverage the ideas, talent, experience and expertise of the people of Seattle to support the City in ensuring that police services are delivered to the people of Seattle in a manner that:

    1. Fully complies with the Constitution of the United States;
    2. Effectively ensures public and officer safety; and
    3. Promotes public confidence in SPD and its officers.”

The CPC should seek to strengthen the 3-legged table of our civilian policing oversight body. Each the civilian director, the civilian auditor, and the civilian oversight body have critical roles that make Seattle’s system – structurally – sound.

SPD rank and file will have to formulate new policy and cultivate a new policing culture. The City Council may have to pass new laws. The recommendations of the CPC will be a useful guide informed by their collective law enforcement expertise and community experience.

An emerging policy deliberation of significant reform potential relates to the Seattle Police Department’s proposed new Use of Force policies.

5) A recent study found Seattle is the worst of the 50 largest US metro areas in terms of pay equality for women. Why do you think that’s the case, and what is the city’s role in closing that gap?

An April report from the National Partnership for Women and Families (NWPF) ranked Seattle as having the widest gender wage gap among the nation’s 50 largest metropolitan areas.

On average in Seattle, a woman who holds a full-time job is paid $44,535 per year while a man who holds a full-time job is paid $60,881 per year. Women in the Seattle area are paid 73 cents for every dollar paid to men. Nationally, it’s women 77 cents for every dollar paid to men.

This means, for Seattle women, if the wage gap were eliminated for working Seattle area metro women would have enough money for approximately:

  • 118 more weeks of food (2.3 years’ worth);
  • Eight more months of mortgage and utilities payments; or
  • 16 more months of rent.

The City of Seattle also has gender disparities in the payment of wages to its employees. Men employed by the City of Seattle make approximately 9.5% more than women on average.

I support the efforts of the Gender Equity in Pay Task Force to:

  • Review City’s data to best understand opportunities and challenges, including a focus on departments with the largest differentials.
  • Develop recruitment/retention strategies to increase employment of women.
  • Develop strategies to increase City contracting and purchasing with WBEs.
  • Develop policy that modifies existing procedures to address the bias that creates gender-based inequities.
  • Develop tools and resources for individual women that help to address gender-based pay gaps.

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Open Thread 10/8

by Carl Ballard — Tuesday, 10/8/13, 8:02 am

– It looks like Ed Murray is proposing to go back to square one on the missing link (Seattle Times link). Boo.

-The people responsible for closing down the government sure don’t like that parts of the government are shut down.

– Guaranteed income seems like a solid idea.

– As you may know, the Sierra Club has been carrying on a big, and quite successful campaign all around the country opposing new coal power plants and lobbying to retire old ones – including the Colstrip plant in Montana, which supplies about 20% of the power to Puget Sound Energy Customers

– The New York Times had a piece on the government shutdown that included an in depth look at Lakewood.

– Hispanic and youth outreach? Pfft. Let’s turn the Tea Party up to eleven!!

– This is really what you think of women? That none play football in this country? That there aren’t women who recognize teams on tape and not paper? Do you live under a rock? Is it a big rock labeled “Sexist”?

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“Fuckin'” Wasn’t The Obscenity

by Carl Ballard — Monday, 10/7/13, 5:19 pm

I like Joel Connelly, but I’m not sure the fact that Jim McDermott said “Fuckin'” was the most important thing about his appearance on Fox News.

“People in my district are calling in for Obamacare — affordable health care — in large numbers. Why would House Democrats give away what the 2012 electorage didn’t? You can’t say, O.K., you can get half of Obamacare — this isn’t a Solomon-like decision.

“So we sit here until they figure out they f—-n’ lost.”

Joel, (and the headline writer if that’s a different person) makes a big deal of the swearing. But that’s not obscene. Shit, it’s how adults talk. It’s probably fuckin’ healthy. What’s obscene is that there’s a significant segment of Congress willing to shut down the government to try to keep their constituents from getting affordable health care. What’s obscene is that a party that ran on repealing Obamacare, AND LOST is willing to shut down the country over Obamacare. What’s obscene are the cuts after cuts after cuts that have been demanded and given that aren’t enough. What’s obscene is that a party that took us into two unfunded wars while passing unfunded tax cuts gets to talk about deficits without being laughed out of the country. What’s obscene is that they have a whole news network cheerleading that awfulness. “Fuckin'”? Who cares about that?

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Open Thread 10/3

by Carl Ballard — Thursday, 10/3/13, 8:03 am

– Today in apt metaphors.

– A good health care rundown and Q&A.

– of course not all ACA situations will be the same, but this is pretty great.

– A Shutdown Is Just What Conservatives Want, And It Sucks

– The problem with science–and in particular science involving living ecosystems–is that you can’t just unplug everything and go home. If you’ve set up an experiment with specific schedules for data collection, or living organisms of any kind, anything from weeks to years of work could be interrupted or lost during a shutdown.

– I am talking, of course, about octopus wrestling is the greatest thing anyone has ever written on any subject in this, or any other, universe.

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Candidate Answers: Sally Bagshaw

by Carl Ballard — Wednesday, 10/2/13, 7:50 am

My questions are bold, Sally Bagshaw’s are as submitted.

1) Now that I-502 has passed, what should the purchase of marijuana look like within city limits? Will medical marijuana collective garden storefronts in Seattle have to abide by the 1000-foot rule established by I-502?

I support the sale of both medical and recreational marijuana through a licensing system that monitors the production, processing and sale of marijuana within city limits. As a Councilmember I have recommended that we preserve our Industrial zoning areas by minimizing the size of marijuana facilities in IG1 areas, allowing for such facilities in IG-2 and out of residential areas. I look forward to working with the Washington State Liquor Control Board, the Department of Health and the Department of Agriculture once their policies are set at the end of the year.

Yes, the 1,000-foot rule was established to separate schools and parks from marijuana stores and that should be applied to both medical and recreational stores. Preferably they will be treated enforced the same by the state.

2) With Metro’s ability to fund itself at the whim of the legislature, what should the city’s role be in public transportation? How should the City Council both make sure we get our fair share, and that the system serves the entire region well?

I fully support a local option measure to be passed by the State Legislature to allow King County Council to fund Metro Transit with a combination of Motor Vehicle Excise Tax (MVET), a VMT tax, or a tax that assesses vehicles based upon their weight and emissions among others. We absolutely MUST provide Metro with a reliable funding source that would support transit and roads. Without the funding, Metro must cut 600,000 hours of local and regional transit. This is unacceptable when we should be adding at least this amount to the system.

Since 1999 when Eyman’s first initiative – I-695 was on the ballot, I have worked to preserve funding options for Metro. At the time I was the chief lawyer for Metro transit, and fought as Metro was gutted by an ill-conceived initiative.

I have worked with legislators these past years, and continue to do so to encourage a special session in November 2013 to pass a statewide package. My preference would be for King County to be given councilmanic authority; in lieu of this, Metro can go to the people of King County and demonstrate how much additional transit is needed and ask for their support.

I am working with our local legislators and with King County Executive Dow Constantine and King County Councilmembers to advocate both a statewide and regional package. I also serve on the Regional Transit Committee and advocate for regional support that assures productivity, geographic equity, and social fairness. Metro transit’s ridership continues to grow; to reduce our regional congestion, we must increase ridership and decrease the reliance on single-occupancy vehicles.

Absent and new MVET funding, I believe the voters of Seattle would support a car-tab fee to support transit infrastructure development if the fee was progressively collected and road improvement projects were included in a comprehensive package. The City has a strong history of support for our transportation levy that was last passed in 2006. We also learned a lesson two years ago when the Transportation Proposition 1 was soundly defeated because it failed to balance transit with a comprehensive roads/bridges/infrastructure approach.

3) What should the waterfront look like after the Viaduct comes down? Will there be a streetcar or other transit?

I have worked on the Waterfront project for nearly a decade as chair of the Allied Arts Waterfront for All project. I co-authored a report developed after we sponsored two design charettes and one collaborative.

The potential opportunities for economic development, sustainable environmental features and a waterfront that is designed with universal access in mind will make this the best waterfront in the world.

I am encouraged by early designs incorporating public beaches and parks, and the connection between Pike Place Market and the Aquarium. As a downtown resident, I also support efforts to connect the street car on 1st Avenue; if we decide to do this, I recommend we dedicate a separated lane to the streetcar so it moves faster than cars, and extend the line all the way from the Sculpture Park to Lander Street, perhaps redirecting traffic on 1st Avenue so it serves northbound traffic only. This would simplify our downtown grid with one-way traffic on all streets except Third Avenue, which would remain primarily accessible for buses. I would retrofit the George Benson Street Cars so they could operate on the same tracks as the streetcar.

4) What should happen in the next 4 years to make sure that police reform both satisfies the Feds, and works for Seattle citizens?

One primary goal of the Department of Justice-directed police reforms is to result in greater trust between officers and the communities they serve. Right now serious efforts are underway through the Monitor, the new Ombudsman, and the Office of Police Accountability to assure this happens.

I acknowledge that the police have a tough job, and individual officers are feeling beleaguered by the investigation and are understandably cautious. As we are implementing the Department of Justice Police Accountability Plan, our community must also come together to support the efforts of officers who are trying to do the right thing. The great majority of them are good officers believe they are truly trying to “protect and serve”

The creation of the Community Police Commission will provide guidance on reform issues and ensure community involvement. The community panel and court-appointed monitor will report back to the judge and to the Department of Justice. This provides for police reform that is community driven and results-focused. Los Angeles found it took nearly a decade to change the culture. I hope it takes us less time.

5) A recent study found Seattle is the worst of the 50 largest US metro areas in terms of pay equality for women. Why do you think that’s the case, and what is the city’s role in closing that gap?

The study brought to light many important issues facing women in Seattle and our community as a whole. Not only are men paid 9.5 percent more than women, but the Seattle city payroll has more men in higher-wage positions and is only about one-third women.

Some of this is historic: some of our employees who receive the highest income are Seattle City Light and police officers that work over time and in emergencies. Although we are beginning to see signs of change, particularly in the police department, the majority of employees in these positions traditionally have been men. Also, the structuring of some city departments results in divisions being dominated by women (the Department of Human Services for example).

I fully support our apprenticeship programs and vocational programs that encourage women to pursue journeyman positions in the construction industry. As a law school graduate myself, I encourage women to get their education and pursue whatever interests them. For the thirty+ year of my professional career, I have supported other women who are building lives and careers, and worked to assure women in my departments have been paid fairly

In some circumstances, veterans of our wars receive preferences, and they enter the pay scales at a higher rate. Since to date more returning veterans are men, this explains in part why some new hires are paid more than others.

I encourage women to get additional training and apply for positions where they can. In a world where more women are supporting families this has to change, women must have opportunities to pursue their education and additional training so they have advantages during promotions.

This is not a new issue. It is one that I have been working on for decades; I want to delve into this report and investigate how salaries compare in similar jobs and circumstances and make appropriate adjustments based on skills, abilities, and fairness. I look forward to supporting a Gender Justice Initiative and providing –as our president says – ladders of opportunity for women across the City.

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Open Thread 10/1

by Carl Ballard — Tuesday, 10/1/13, 8:02 am

– Happy shut down the government for no damn reason day.

– But at least we know that no matter what’s actually happening, everyone is equally to blame.

– This is our exchange in Washington, so if you need health care or just want to see if you might, here you go.

– Your Five-Step Guide to Obamacare Week

– Welcome to our newly wet Septembers, Western Washington.

– In all seriousness, this letter from the CoC is perhaps the best evidence yet that the old-guard GOP and their corporate benefactors have finally lost control of the useful idiots they’ve been manipulating so successfully for so long. Nobody who has a fact-based idea of what could happen in a shutdown or — worse — a sovereign debt default wants either. But one is well on its way, and another is terrifyingly possible because most Republicans in Congress are more worried about appeasing the actual lunatics who vote in GOP primaries than doing the right thing for the country.

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Someone I Don’t Know Well To Important Job

by Carl Ballard — Monday, 9/30/13, 6:34 pm

Congrats to Kathy Best for the job of something between dog shooter’s lackey and important protector of the First Amendment (Seattle Times link).

Kathy Best, a longtime Seattle journalist and a Seattle Times editor for six years, has been named the newspaper’s editor, Seattle Times Publisher Frank Blethen announced Monday.

Best, who most recently has been one of The Times’ two managing editors, begins the new job immediately, Blethen said. She replaces David Boardman, who resigned after 30 years at The Times in August to become dean of Temple University’s School of Media and Communication in Philadelphia.

Before joining The Seattle Times, Best was the assistant managing editor for Sunday and national news at The Baltimore Sun. She had also been assistant managing editor/metro at the St. Louis Post–Dispatch and at the Seattle Post–Intelligencer.

So a few things. 1) It’s possibly inevitable that the news reads like a press release, but it’s still somewhat disappointing. I mean a fair number of Seattle Times pieces about things The Seattle Times likes read like press releases for those things. So, sure. I don’t think The Seattle Times would do a hard hitting thing on their new editor even if there was dirt to be had. (If you have dirt, I’m willing to listen, but I don’t generally care about people’s personal life.)

2) Later in the piece we get this, “Best told the paper’s news staff that with the uncertain future facing the industry, ‘all of us in this room need to stay laser-focused on our mission: producing useful, meaningful, kick-ass journalism that readers can’t get anywhere else.'” I’m not sure that has been their focus but yay for swearing at The Seattle Times, both in the news section and from their new editor. Here’s hoping for more. I assume there will be more “fucks” here on a given week than in the paper in her entire time at the helm, but I’m glad for the swearing.

3) I don’t know enough about her to know if this is a good hire or not, but I’m glad they hired a woman. I don’t know if this will change stories that get covered or how they cover them, but I hope it broadens the lens a bit.

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Open Thread 9/30

by Carl Ballard — Monday, 9/30/13, 7:56 am

– Happy probably a US Government shutdown because the GOP are horrible day!

– How was your storm experience? Did you see any lightning?

– A lot of ST alerts because of the storm.

– Georgetown and South Park are the Seattle neighborhoods with the worst air.

– (a) Don’t cross the grocery store picket lines. (b) I think we might be able to declare My Northwest’s trolls worse than HA’s. Step it up, you guys.

– Riding a bike (and unmentioned in the piece, but also walking) where there’s Viaduct/Tunnel construction is kind of scary.

– That’s not an education. That’s carefully nurtured stupidity.

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HA Bible Study

by Goldy — Sunday, 9/29/13, 6:00 am

Leviticus 18:17
Do not have sexual relations with both a woman and her daughter. Do not have sexual relations with either her son’s daughter or her daughter’s daughter; they are her close relatives. That is wickedness.

Discuss.

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Friday Night Multimedia Extravaganza!

by Darryl — Saturday, 9/28/13, 12:28 am

ONN: The Week in Review.

The Affordable Care Act is front page news

Why do we have a debt ceiling?

Sam Seder: Former Bush spokesman Ari Fleischer can’t count.

Terrorists Attack America!

  • Thom: The GOP has now declared Ayn Rand Akbar on America!
  • Mark Fiore: Republican Doomsday Cult.
  • The G.O.P.’s debt ceiling ransom:
  • Bashir: GOP terrorists in mad panic over ObamaCare
  • Thom: The GOP officially does not give a rat’s ass about us
  • Maddow: The dastard history of government shutdowns.
  • Coverage of the G.O.P. hostage crisis
  • Young Turks: Government shutdown over G.O.P. wish list.
  • Maddow: The House Republicans’ recklessness with U.S. credit

Jon: On Republicans trying to scare Americans over health care (via Crooks and Liars).

White House: West Wing Week.

Young Turks: Wendy Davis to run for Texas Senate.

Jon: One of God’s messengers seems to have it wrong.

Virginia Race:

  • Maddow: Cuccinelli(R) losing big to McAuliffe(D) in latest VA polls.
  • Ann Telnaes: Cuccinelli claims he’s done the most to protect women’s interests.

Stephen wants in on conservative children’s book racket (via Crooks and Liars).

What’s “normal” when you live in the White House?

Sam Seder: Climate change is at crisis level say scientists.

Mental Floss: 27 drinks made of coffee.

The Ted Cruz Comedy Hour Day:

  • Ann Telnaes: Ted Cruz reads Dr. Seuss.
  • O’Donnell: Sen. Ted Cruz’s fake, fraudulent Senate filibuster
  • Jon on Mr. Cruz
  • Young Turks: Carnival Cruz.
  • Sam Seder: Ted Cruz misses on his Darth Vader analogy.
  • Sam Seder: Ted Cruz misses on Green Eggs and Ham analogy.
  • Young Turks: Cruz v. Republicans.
  • Ed: Is Ted Cruz the new Sarah Palin?
  • Susie Sampson’s Tea Party Report: Ted Cruz for President 2016.
  • Ann Telnaes: Ted Cruz stands his ground on Obamacare.
  • Sam Seder: Ted Cruz votes for Bill he ‘filibustered’ against for 21 hours.
  • Young Turks: “People think Ted Cruz Is crazy”, says Peter King.
  • Lawrence O’Donnell: Teabagger ‘stuntman’ Sen. Ted Cruz has surrendered!

Stephen on the return of Crossfire.

Ed: Ken Blackwell’s bizarre theology.

Invalid Arguments: Climate change.

Iran Courtship:

  • Obama: About Iran.
  • Sam Seder and Cliff Schecter: Is peace with Iran possible?
  • The Point: Are the U.S. and Iran ready to negotiate ?
  • Sam Seder and Matt Duss: Is the Neocon Dream of War With Iran Over?

Sharpton: Obama cuts down GOP lies on healthcare with remarkable sarcasm.

White House White Board: What ObamaCare means for you:

Sam Seder: Obamacare premiums report show low prices.

Lower premiums: Busting the GOP’s Obamacare ‘Death Panels’ myths.

Last week’s Friday Night Multimedia Extravaganza can be found here.

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Grocery Workers Authorize a Strike

by Carl Ballard — Thursday, 9/26/13, 5:12 pm

It’s still a way from any strike actually happening, but (h/t):

With 98 percent of the votes, grocery store workers in the Puget Sound area authorized a strike on Thursday.

The union members said they’re upset in part over cuts to health care in the latest offer from their employers. The workers added that a strike isn’t imminent; they hope to return to the bargaining table and reach an agreement that addresses their concerns.

I hope that a strike isn’t necessary, but I’ll support them if they do strike. I’m not exactly sure what that means. I guess writing about it and not shopping at striking stores.

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Betting Against Coal

by Carl Ballard — Wednesday, 9/25/13, 5:21 pm

This is a pretty amazing story about one of the major coal exporters, from Sightline.

Cloud Peak Energy, one of the major coal producers in the Powder River Basin, is doing its very best to sound upbeat about coal exports. In an investor conference call this past July, the company declared that, even though falling international coal prices had eaten into their earnings, their exports were “still profitable overall.”

But a close look at Cloud Peak’s second quarter financial statements suggests a far stranger story: the company’s export division actually made most of its profits from derivatives trading rather than coal. Stripping away the financial-speak, the implications are striking: Cloud Peak’s export arm made at least 10 times more money betting against coal than it did selling coal.

Obviously some of that is reasonable and companies hedge their bets with these sort of financial instruments all the time. And this is one company. But given that they made $2.6 Million betting against coal and $200,000 on coal, it’s one more reason to not build more coal infrastructure as we look toward the future.

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Recent HA Brilliance…

  • Monday Open Thread Monday, 7/14/25
  • Friday Night Multimedia Extravaganza! Friday, 7/11/25
  • Friday Open Thread Friday, 7/11/25
  • Wednesday Open Thread Wednesday, 7/9/25
  • Drinking Liberally — Seattle Tuesday, 7/8/25
  • Monday Open Thread Monday, 7/7/25
  • Friday Night Multimedia Extravaganza! Friday, 7/4/25
  • Wednesday Open Thread Wednesday, 7/2/25
  • Drinking Liberally — Seattle Tuesday, 7/1/25
  • Monday Open Thread Monday, 6/30/25

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HA Commenting Policy

It may be hard to believe from the vile nature of the threads, but yes, we have a commenting policy. Comments containing libel, copyright violations, spam, blatant sock puppetry, and deliberate off-topic trolling are all strictly prohibited, and may be deleted on an entirely arbitrary, sporadic, and selective basis. And repeat offenders may be banned! This is my blog. Life isn’t fair.

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