Home > Rob Arkley, Security National > Bankruptcy for Security National Properties Funding III, LLC

Bankruptcy for Security National Properties Funding III, LLC

ONE of the many, many subsidiaries in Rob Arkley’s Security National “family” of corporations is seeking Chapter 11 bankruptcy protection, reports the NCJ Blogthing, which posted the press release.

SNPF III does not sit at the top of the Security National pyramid — it’s but one prong in the crowd of Arkley’s corporate entities.  Here’s the long list we posted back in May. Click the above image (created by corporationwiki.com) for a visual representation.

  1. 69er
    October 14, 2011 at 9:00 pm

    Man, aren’t you in the height of your glory now? What great news,NOT.

  2. October 14, 2011 at 9:06 pm

    Mr. Arkley’s extended and tangled family of corporate ‘persons’ cannot easily fit on my screen. Arranged like a ring of domino’s, one falls and they all topple over? With the mortgage and finance debacle getting more desparate is this the beginning of the end of Security National LLP?
    Is he holding a bunch of worthless paper? Recall that his wealth was created from the Savings and Loan bailout under Bush the elder purchasing government backed assets for a dime on the dollar. Will he come full circle with this scheme?

  3. Anonymous
    October 14, 2011 at 9:27 pm

    What he (RA) will do is continue to work hard, expand,change,morph,create, develop new ventures,retire weak ones,add vigor to this community, hire quality employees at good wages,generally be of value. All the things the progressive twits you (HH’s) will never do. You are thrown to the trash heep of slanderous blog’n. Weak Dude!

  4. October 14, 2011 at 9:32 pm

    Heraldo is so mean! No blog should never mention Security National or Rob Arkley, even if it’s limited to a simple statement of fact (see above).

  5. Anonymous
    October 14, 2011 at 9:51 pm

    What’s your favorite Arkley LLC?

    I personally like CUE IV

  6. pot math
    October 14, 2011 at 10:17 pm

    warehouse loans ∝ fair risk-adjusted returns for our investors

  7. Anonymous
    October 14, 2011 at 11:11 pm

    Hopefully, Arkley will be able to reorganize and meet his obligations, especially to smaller, non-institutional creditors who may be impacted by this move/maneuver.

  8. Anonymous
    October 14, 2011 at 11:16 pm

    Weird graphic.

  9. AAA
    October 15, 2011 at 12:21 am

    why don’t I see HumCPR in the tangled web? They are an LLC…but oh yeah, Bob Morris and Lee Ulansey are the names on that one. Imagine if all the other LLCs Rob props up were in the web too!

  10. Anonymous
    October 15, 2011 at 6:42 am

    work hard, expand,change,morph,create, develop new ventures,retire weak ones,add vigor to this community, hire quality employees at good wages,generally be of value.

    You say it as if the news at hand is a morally correct situation. Do you even understand the number of entities created, why they exist, and why one is filing for bankruptcy? Shame on you for defending this. Oh wait, you don’t know what shame is, do you?

  11. Walt
    October 15, 2011 at 7:05 am

    Gosh, and they’re all PERSONS! Such a nice family!

  12. Anonymous
    October 15, 2011 at 7:08 am

    Remember, anyone owed money in any bankruptcy is a victim. How about starting this blog post off by paying respect to the victims.

  13. Decline To State
    October 15, 2011 at 7:40 am

    It couldn’t happen to a more deserving fellow.

    As usual, the one’s I feel bad about are the employees. The “reorganizing” under Chapter 11 generally involves massive layoffs. This is but a ripple in Arkley’s world but will be a tsunami in his employee’s.

  14. Esmeralda
    October 15, 2011 at 7:47 am

    Until y’all dump Tyson the parasite Arkley and his parasitical LLC’s will continue to suck the blood out of Eureka’s future.

    Security National is a pain factory. Pain is the only thing it produces. Arkley is a pain creator not a job creator.

  15. anonymous
    October 15, 2011 at 8:53 am

    Lord knows the government does lots of favors for rich folk who own bankrupting “subsidiaries” while simultaneously operating an army of very profitable subsidiaries. Oh that we could all just be given enough money to own a few mansions when we’re broke.

  16. Walt
    October 15, 2011 at 9:01 am

    Bankruptcy doesn’t mean what it used to mean. This is a case of one tiny “person” being relieved of $500 million in debt. The master “person” has no liability, and the affected “person” will continue and eventually bring in more money for the master. The holders of the paper? SOL.

  17. Anonymous
    October 15, 2011 at 9:33 am

    So the OWS folks overwhelming say they want their 100k student loans wiped off the books. Well the taxpayers will get the shaft for that. And let’s talk about Solyndra and the 600 billion the taxpayers will eat. Thanks BamBam.

  18. Plain Jane
    October 15, 2011 at 9:34 am

    Personal responsibility for everyone but LLC owners!

  19. October 15, 2011 at 9:37 am

    I think that a Jubilee for all student loan debt would be a good starting point for rebuilding the economy and restoring the social contract with our young people.

    It is time to lift the cross of debt from the coming generation so they can get on with their productive lives.

    have a peaceful day,
    Bill

  20. insider
    October 15, 2011 at 9:38 am

    What’s curious about this particular part of the Arkley Empire was this was reportedly they’re cash cow, supporting many of his other financially troubled entities. Randy used to brag about they’re very successful shopping center business. Well I guess that’s why Rob has been pretty quiet of late. at least He was able to get out of his deal with Wal-mart.

  21. Anonymous
    October 15, 2011 at 10:15 am

    I see the same people bashing Arkley who were defending the Solyndra deal that is proving to be one of the worse debacles of the BO administration.

  22. Mitch
    October 15, 2011 at 10:40 am

    Anonymous 9:33,

    The Solyndra bankruptcy involved government loans of $0.6 billion, not 600 billion. Perhaps you meant $600 million.

    $600 million is about $2 per citizen. $600 billion is about $2,000 per citizen.

    The cost of the Iraq war, or that of the Afghanistan war, is about $600 billion.

  23. Anonymous
    October 15, 2011 at 11:16 am

    And this POTUS loan was corrupt. A guy in the admin that pushed it owned stock in it. But wtf it is only taxpayer money.

  24. Anonymous
    October 15, 2011 at 11:18 am

    And this POTUS loan was corrupt. A guy in the admin that pushed it owned stock in it. But wtf it is only taxpayer money.

    Obama and friends owe each American then 2 bucks and all of them better pay up. If not they can declare bankruptcy. My family deserves to be paid back.

  25. anonymous
    October 15, 2011 at 12:08 pm

    Another rich CEO saying people aren’t giving him as much money today as yesterday, so as to shortchange a slew of investors, employees and most of all customers who will ultimately be taxed for the failed transaction, both directly and through further degraded standards of living. The rich CEO not only gets to keep his cars and trucks and boats and homes and properties, but the public will ultimately reimburse him for his sudden inability to buy as many new cars, trucks, boats, homes and properties he’s going to continue buying anyway, despite “bankruptcy”.

  26. Plain Jane
    October 15, 2011 at 12:25 pm

    Not to mention his political donations.

  27. Anonymous
    October 15, 2011 at 12:32 pm

    Debt is the name of the game if you’re a banker. If you own the debt, whether it’s the world bank or a landlord or or a hospital, the tendency to switch from benefactor to protection racketeer is overwhelming. If OWS hits critical mass and the political mechanisms respond, then it’s like rebooting and upgrading a jammed old computer. The benefit will be widespread for those who really need it and the 1% will gain again. Otherwise, the 1% will face more bankruptcies. At least Warren Buffet knows this.

  28. Plain Jane
    October 15, 2011 at 12:33 pm

    “t. A guy in the admin that pushed it owned stock in it. ”

    Do you have a source to support this claim?

  29. High Finance
    October 15, 2011 at 1:16 pm

    So Mitch, does that mean the corruption of the Solyndra loan is OK because is was only $600 million ?

    And Walt, bankruptcy does not necessarily mean anyone is being relieved of any debt.

    Decline & Esmeralda are examples of lefties who are so consumed with class envy & hate they would welcome the financial end of Robin Arkley. With no thought or consideration of the hundred plus employees he has and all the good works he does for Eureka.

  30. Me
    October 15, 2011 at 1:24 pm

    PJ

    I believe he or she is referring to David Prend. Depending on the source he was either an adviser or lobbyist who recommended the loan. Fox news says he was “a green energy adviser”. Other sources just say he met with government officials to promote the loan. As my mom used to say “consider the source”

    Mr. Prend is the Managing General Partner of RockPort Capital Partners, a venture capital firm that was/is an investor in Solyndra.

  31. Me
    October 15, 2011 at 1:26 pm

    Mr Prend was not “a guy in the admin”

  32. Anonymous
    October 15, 2011 at 1:35 pm

    I for one feel sorry for most who lose their jobs due to uncontrollable factors, especially natural disasters. That said, If your occupation is manipulating numbers and you’re the type that let’s say drinks bubbly to mock the unfortunate, then the coming upheaval won’t offer a lot of sympathy from the majority. Maybe a public display of true altruism will help deliver HI FI from the reckoning that the grinning revolutionaries will surely visit upon him .

  33. Plain Jane
    October 15, 2011 at 1:36 pm

    Has the investigation uncovered evidence of corruption, HiFi?

  34. Webster
    October 15, 2011 at 1:38 pm

    Look at all the Arkley minions who scurried out for this item. Does Rob pay you each time you brown-nose him with a comment? Does the Mirror hand out your paychecks?

  35. Anonymous
    October 15, 2011 at 1:41 pm

    I wish my mirror handed out a paycheck

  36. WhatNow
    October 15, 2011 at 1:55 pm

    “anonymous” posted:
    “You say it as if the news at hand is a morally correct situation. Do you even understand the number of entities created, why they exist, and why one is filing for bankruptcy? Shame on you for defending this. Oh wait, you don’t know what shame is, do you?”

    The current legal constuct for corporations in the United States is predatory at it’s best.
    Only a Caligula or a Hannibal Lechter could have dreamed of the present situation 100 years ago and such peronalities are the ones that sing the praises of these parasites.

    Corporations are like cancer cells; growth and consumption of everything for the purposes of their own growth to the point of killing their hosts.
    They’ve damn near done with the world’s economy.

    I’ll believe corporations are people just as soon as Texas executes one of the f*ckin’ things.

  37. Plain Jane
    October 15, 2011 at 2:04 pm

    I’d be convinced if they just put one of them in jail for life. I oppose the death penalty, but I might make an exception for corrupt corporations which cause the deaths of real humans for profit.

  38. Plain Jane
    October 15, 2011 at 2:10 pm

    My #1 choice for indictment, trial and execution would be Koch Industries, corporate person and human owners.

    http://blogs.alternet.org/speakeasy/2011/10/11/why-do-these-koch-industries-neighbors-have-cancer-video/

  39. Anonymous
    October 15, 2011 at 2:17 pm

    It constantly amazes me that most people can’t understand the level of harm that white collar crime is capable of. They are more fascinated by armed holdups and beatings than by economic injustice which leads to armed holdups and beatings. Most people are screwed up because they’ve been screwed over. Ask Jean Val Jean.

  40. Down the Road
    October 15, 2011 at 5:00 pm

    I would love to see all the facts and figures. Right now I am
    betting on a shell game. Cheaters, cheaters, shame on you
    Arkley.

  41. Anonymous
    October 15, 2011 at 5:20 pm

    It amazes me you ignore the harm dope growers wreak on the environment, our neighborhoods and everything else.

    Now let’s talk about Steve and Allison Spinner.

    And how about the slum lord Valerie Jarrett?

  42. Migh Finances
    October 15, 2011 at 5:28 pm

    30 million unemployed Americans is a lot of lazy good-for-nothings!

    They’re busy marching and protesting for entitlements when they could be working hard toward being successful in America’s growth industries: liquidating businesses and foreclosing on residences, opening pawn shops, check-cashing, job-scalping, rental agencies, rent-to-own, storage units, bailbonds, neighborhood rehab homes, and more liquor stores and gun shops.

    Then, one day, they too can own manufacturing plants in China, without environmental constraints or restrictive children-labor laws, enjoying interlocking directorates, a revolving door to top posts in Washington D.C, while paying zero corporate taxes!

    You liberals are negative dream-killers.

  43. The Big Picture
    October 15, 2011 at 5:37 pm

    Liars like Hi-Fi push the delusion of a classless America where opportunity is equally distributed.

    A most effective deception perpetrated by the moneyed elite that controls all the key levers of power in what passes for a representative democracy.

    A myth blown away by Nobel Prize winner Joseph Stiglitz in the recent Vanity Fair article: “Of the 1%, by the 1%, for the 1%.

  44. Plain Jane
    October 15, 2011 at 5:49 pm

    Do you have a point, 5:43?

  45. Anonymous
    October 15, 2011 at 7:30 pm

    Do you P J? Or do you just rant? Just a thought.

  46. Anonymous
    October 15, 2011 at 8:47 pm

    Here is another related thought. As someone said earlier, Arkley is not the victim here, but the orchestrator. Nor is the all powerful Bank of America, the victim, even if they are the primary creditor/lendor. The victims are those who may suffer from collateral damage, whether they are other minor creditors, employees, etc. Hopefully, Arkley will do the “right thing.” This situation will reveal his true colors. I, for one, am reserving judgement in that area.

  47. The Big Picture
    October 15, 2011 at 8:56 pm

    As we can see, Hi-Liar posts under “anonymous” when he puts his hate into Hi-Gear.

    My 5:37 post was copied from an article word-for-word by Robert Scheer titled, “Peasants Need Pitchforks in ‘Classless’ America”. (I just inserted Hi-Liar’s moniker for effect).

    That George Clark fellow that Hi-Liar hates must be a clear thinker, I like him already.

  48. Anonymous
    October 15, 2011 at 9:02 pm

    Yes, let’s see how Arkley handles this. May he pay off even the smallest of creditors. Otherwise, his reputation will not be salvaged.

  49. Anonymous
    October 15, 2011 at 9:29 pm

    9:02 is absolutely “on the money!” Haha…but not so funny. The true test of Arkley’s character will be revealed in how he handles this situation. Most people can swallow the idea of Arkley up against the big bad banks, particularly B of A. But, he cannot throw his smaller creditors “under the bus” (nor employees, etc.) without looking like a total ass. He will reveal his true colors here.

  50. 69er
    October 15, 2011 at 11:07 pm

    This was my post, 69er,don’t know how it came out credited to anonymous?

    Anonymous says:

    October 15, 2011 at 10:15 am

    I see the same people bashing Arkley who were defending the Solyndra deal that is proving to be one of the worse debacles of the BO administration.

  51. Anonymous
    October 16, 2011 at 7:53 am

    Wow you wackadoodles are really spinning. Good luck with that. Any of you work? Or do you collect state checks and grow pot?

  52. Mitch
    October 16, 2011 at 7:55 am

    Thanks for your contribution, Anon 7:53.

  53. Anonymous
    October 16, 2011 at 8:03 am

    You are so welcome Mitch.

  54. Anonymous
    October 16, 2011 at 9:01 am

    Say it ain’t so, Rob!

  55. Anonymous
    October 16, 2011 at 10:56 am

    Simple question HH. How many jobs have you created? What are the salaries? What are the bennies?

  56. Anonymous
    October 16, 2011 at 9:13 pm

    How is that relevant, 10:56? HH has never claimed to create jobs, provide salaries or bennies. RA, on the other hand, has for years taken credit for his contributions to the community. This was largely legitimate in terms of job creation and many civic projects, even though he did inflict his share of hurt along the way, mostly politically. I, for one, hope he conducts himself honorably in his current situation. Many people will suffer if he does not.

  57. Webster
    October 17, 2011 at 8:08 am

    Look at all the Arkley minions scurrying out again to brown-nose their hero. Your paychecks are waiting at the Mirror.

  58. Reparkleycan
    October 17, 2011 at 9:12 am

    Back in ’02 Bush got the word out to a few of us special friends that the lending window was going to be open, low interest. Also clear was that Bush was going to inflate the economy with $500 billion dollars a year war spending “off the budget” that in 8 years would dwarf anything that Obama could ever pass. That meant people were going to buy shit and real estate started exploding. We bought up all those liar loans and ninja loans even though we knew they were bullshit because we knew we could tranche up, slice and dice, these loans into securities that could be sold on the open market to suckers in the U.S., Europe and China.

    When the bubble burst some people in Europe and China were really pissed at us since we had promised that these securities were AAA. War was mentioned. We naturally had to bail them out too. You taxpayers need to stop whining and understand this.

    Bernie Madoff was a sucker too, he believed in all of these mortgage securities and bet on them to keep his own cheat going. It didn’t work, but you can see how our little securitized mortgage scheme kind of got out of hand and enabled a lot of other criminal behavior. Just remember Madoff created a lot of jobs. Among the suckers also were the public employee union pension funds. Sometime in the last 20 years some great person convinced these funds to start gambling with their funds, and it paid off for us.

    All was well and good anyway until two years ago. When we sold off all the tranches one of the conditions we agreed to (we couldn’t have sold these turds otherwise) is that if the original borrower stopped making payments on the loan, that we would make at least the interest payments on the principal. It turns out that expense is a bit higher than we anticipated.

    Oh well not to worry. We have structured our enterprises to limit our losses and maximize our profits. An ounce of lawyers is worth a pound of business ethics.

  59. High Finance
    October 17, 2011 at 9:59 am

    69er, 11.07pm. “The Big Picture” has never been right but he continues to spew his hatred of everybody who disagrees with him.

  60. Fact Checker
    October 17, 2011 at 10:57 am

    dead·beat [n. ded-beet; adj. ded-beet] 1. One who does not pay one’s debts.

  61. Fact Checker
    October 17, 2011 at 11:01 am

    High Finance says:
    October 15, 2011 at 1:16 pm

    “…bankruptcy does not necessarily mean anyone is being relieved of any debt.”

    bank·rupt [bangk-ruhpt, -ruhpt]
    n.
    1. Law A debtor that, upon voluntary petition or one invoked by the debtor’s creditors, is judged legally insolvent. The debtor’s remaining property is then administered for the creditors or is distributed among them.
    2. A person who is totally lacking in a specified resource or quality

    adj.
    1.
    a. Having been legally declared financially insolvent.
    b. Financially ruined; impoverished.
    2.
    a. Depleted of valuable qualities or characteristics

  62. Plain Jane
    October 17, 2011 at 11:27 am

    When rich people file bankruptcy and remain rich it’s because they are morally bankrupt.

  63. The Big Picture
    October 17, 2011 at 12:10 pm

    We can expect the apologists to start spinning Arkley as the underdog in the coming months.

    Eventually, even the wealthy begin to regret the inequality they’ve manufactured.

    Poor, poor parasites….they followed all the rules that were written for them, scooping-up others hard-earned assets for pennies on the dollar…until there weren’t enough people working to buy them back at a profit.

    Heart wrenching.

  64. Anonymous
    October 17, 2011 at 12:35 pm

    HH, PJ & crew have created no jobs and give nothing to the community save a place for deadbeats,whinners,low acheivers and stoners to complain about their lack of accomplishment(s).

  65. Mitch
    October 17, 2011 at 12:45 pm

    As always, Anonymous, thank you for your contributions.

  66. walt
    October 17, 2011 at 12:48 pm

    If one of Arkley’s sub-persons owes $500 million, and sub-person has $50 million, the creditors split $50 million, the debts are gone, and sub-person (and Master person) are back in business with a clean slate. How is that NOT debt forgiveness?

  67. Mitch
    October 17, 2011 at 12:56 pm

    walt,

    Your problem is you don’t speak fluent Scalian.

  68. Mitch
    October 17, 2011 at 12:58 pm

    PJ,

    A slight modification to your 11:27.

    When rich people file bankruptcy and remain rich it’s because they are human, and the economic system is morally bankrupt.

  69. Plain Jane
    October 17, 2011 at 1:07 pm

    Maybe Mitch, but no one is forcing anyone to create hundreds of LLC’s to insulate their wealth, file bankruptcy on some while still raking in the dough on others. I don’t believe a system is moral or immoral any more than I believe a corporation is a person. The people who make the rules of the system and run it are a different matter.

  70. Mitch
    October 17, 2011 at 1:12 pm

    Ah, Jane, we finally disagree.

    I think a moral system is one that enforces fair treatment, and does not make the mistake of relying on humans to resist temptation.

    If I had the legal choice to keep a million bucks, but it would be fairer to go broke, I’m pretty confident I’d keep it. Perhaps you wouldn’t.

    In any event, I’m grateful to Rob Arkley for the boardwalk.

  71. back in the saddle
    October 17, 2011 at 1:12 pm

    When you form an LLC you get taxed on the LLC and then get to file your personal income tax. Not exactly a scam to avoid paying taxes.

  72. Plain Jane
    October 17, 2011 at 1:41 pm

    That’s a dilemma I’ll never have to face, Mitch. Generosity won’t make you rich but it does allow you to sleep peacefully.

  73. Mitch
    October 17, 2011 at 1:57 pm

    True. But a million dollars can buy you a string quartet to play you to sleep every night for a year :)

    I’d prefer to have the fairness imposed on me (and everyone else) rather than be expected to choose whether to do the right thing in that situation. In fact, the temptation is so strong, I don’t even know that it makes sense to call giving up the money “the right thing.”

    I think many or most people — though not me — would call it “being a chump,” especially if the selfish behavior was common throughout their society. That’s why I think having a moral system in place is so vital.

  74. Plain Jane
    October 17, 2011 at 2:18 pm

    $12 will buy a CD of a string quartet and you don’t have 4 people hanging out in your bedroom when you’re trying to go to sleep. :D

  75. Apologist Not
    October 17, 2011 at 3:39 pm

    I have no problem joining media’s local praise for the Arkley’s $6 million in tax-deductible chump-change for the Eureka Boardwalk, high school pool and the zoo….IF local media would also inform citizens, will equal vigor, how millions more in public subsidies are being harvested by the development community for their big boxes and sprawl beyond infrastructure capacity.

    In a region saturated with poverty-wages, (where 75% of household incomes no longer qualify for home-ownership), when will our “community media” begin questioning expenditures of unfunded infrastructure costs for additional subdivisions, big boxes, and projects on Eureka’s waterfront requiring public subsidies that primarily serve the financial interests and sensibilities of the 1%?

    This is exactly how the Wall Street philosophy is enforced across America. We are far-beyond the point at which local media silence is betrayal.

    Eureka’s Boardwalk is a nice public-funded asset with two plaques commemorating all those who made it possible….except for “The Citizens of Eureka” who will pay the lion’s share of its costs forever, citizens who have watched surrounding property become irrationally inflated as a result, stagnating further development, and limiting the possibility that further developments will serve the general public that made it possible.

  76. Anonymous
    October 17, 2011 at 3:53 pm

    MItch, life’s choices can be strange that way. Making a decision that may not be fair but benefits you is a common dilemma. Myself, I had the choice a few years ago to buy some property I felt was underpriced and I was pretty positive I could built a spec building on it and turn it over for an excellent profit. It’s never a sure thing, of course. In the end, I outbid the people who wanted it for their dream home property, by only $5,000. Instead of keeping it, I let them have it. They built their dream home and then didn’t like living there, and moved away. I felt like I did the right thing, but sometimes, you just wonder!

  77. Anonymous
    October 17, 2011 at 3:54 pm

    P.S. Then they sold the whole place for a bundle. I would have come out great!

  78. Mitch
    October 17, 2011 at 5:48 pm

    Anonymous 3:53/4,

    If I get to decide, you did the right thing. Thanks for the story — if nothing else, you’ve made one person happier today.

  79. Mitch
    October 17, 2011 at 5:53 pm

    Apologist Not,

    I think you should only be allowed to declare $6 million of tax deductible donation “chump change” after you’ve donated at least $6 million.

    But I agree with you about the local media. The only serious reporting I’ve seen here speaking truth to power is Kevin Hoover taking on the marijuana industry. There are some good reporters here, but the media ownership is beyond pathetic and will, in my opinion, whore itself out to the powers-that-be without even having the backbone to admit to itself that it’s whored itself out.

  80. Mitch
    October 17, 2011 at 6:05 pm

    In fairness, I should give a shout-out to Thad Greenson of the Times-Standard and Ryan Burns of the North Coast Journal. Both seem to me to be excellent reporters. I’ve stopped reading the T-S, so I’m not even sure if Thad’s still around. Ryan Burns piece on Pelican Bay was great. What I’d like to see, though, would be some outfit like the T-S or the Journal actually taking on one of Eureka’s owners, or doing an expose on what passes for government in Humboldt County. I don’t expect to see that.

  81. Woof Blitzer
    October 17, 2011 at 6:47 pm

    Mitch, Arkley’s “donation” to the city was $2 million for the boardwalk, not $6 million. The boardwalk cost the city over $7 million to build. Sadly it was another pass through scam. Arkley not only got a nice tax deduction but he got the value of his waterfront properties increased by at least $2 million plus all of his buddies got the construction and materials contracts. It pays to have contacts in the city government.

    You nice folks in Eureka need to get a clue. Eureka has had millions stolen from it. One of these days you will bring it to an end when you get angry enough.

    Woof!

  82. Anonymous
    October 17, 2011 at 7:16 pm

    Woof, Arkley’s donations have been extensive. Much more than 2 million to this city, and at that level you don’t get to “write off” your donations. He does get other perks, like land value increases for improving properties but he didn’t own the boardwalk property. Just calling a spade a spade. He has been very generous. He wants to give back to his community. A truth not understood here.

    Also, he is a mean spirited person. That is also a fact. If he dislikes someone, he has no problem with making them suffer in a deal. He has some sort of social flaw that causes this, and he is unable to control it. His family needs to rein him in and tell him when he is inappropriate, and when to stop turning the knife. Unfortunately, they have all gotten on the fantasy float, along with so called friends who want to be in the parade, and are riding along, not understanding the gap between reality and truth.

  83. Mitch
    October 17, 2011 at 7:21 pm

    Thanks, Woof.

    Still, the man has contributed to Eureka. People can have both good and bad sides. And they always do.

    If the fix was in on the contracts, I’d put that on the then-city council of Eureka. (Not the city manager, btw, unless he did anything without the awareness of the city council.) I’d love to see some crooks or negligent pols put in jail, but I won’t hold my breath.

    But if someone contributes to a public improvement — open to all — that improves their own property values, I just call that smart.

  84. Anonymous
    October 17, 2011 at 8:01 pm

    7:16 has Arkley pegged. One addition to the comments is that he is ego driven, whether in business decisions, personal interactions or giving back (though, in fairness, he did not always seek recognition for charitable acts). Ego has contributed to his current position. He has a history of blaming others for problems of his own making and for reactionary, rather than logical, decision-making. This worked when he had money to burn but not so well when things became tight.

  85. Anonymous
    October 17, 2011 at 9:18 pm

    Agreed, Mitch. I think it is pretty lame to think it’s a negative. Increasing property values usually means a good thing for a neighborhood or area, that it is seeing improvement instead of decline. Don’t anyone get all “gentrification” on me. We’re talking about Humboldt County and we need improvement! Guaranteed the Jefferson Project is going to improve that neighborhood, and the property values there. It’s a good thing, not bad.

  86. Anonymous
    October 17, 2011 at 9:47 pm

    City contracts go to the lowest responsible bidder. End of story.

  87. Anonymous
    October 18, 2011 at 5:59 am

    Can you name an example where they haven’t?

  88. Apologist Not
    October 18, 2011 at 1:21 pm

    Mitch, you missed the point.

    Arkley has donated about 6 million tax-deductible dollars to Eureka, but the returns are far greater and are not reported in local media. Hence, “chump change”.

    Not one reporter has EVER asked Eureka candidates what their source is for claiming that more big boxes and remote subdivisions (out of the financial reach of 75% of local incomes) helps our local economy.

    Not one reporter has dared to expose the public subsidies required by big boxes and sprawl, despite overwhelming national and local economic research.

    In the last generation, only one reporter has dared to expose developer-dominance over local politics: John Osborne, “Interested Parties” NCJ.

  89. John Quill
    October 18, 2011 at 4:19 pm

    anon 947 Since you are in the know can you tell us who the contractors were on the Eureka Boardwalk project?

    Respectfully,
    John Quill

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