The Oregon Democratic Party launched a new website Thursday aimed at bringing to light some of the business practices of Republican State Treasurer candidate Allen Alley.
The site, called “Allen Alley: Experience You Can’t Trust,” takes aim at the Alley campaigns central theme: Alley's record as a successful businessman. He believes that his experience as the founder and CEO of Pixelworks, a Portland-based technology company, gives him the skills he needs to be the state’s treasurer. The biography on his campaign website touts Alley as a “business leader who has been instrumental in growing two of Oregon’s most successful technology companies,”
But, the Oregon Democratic Party claims that if Alley is the model of success, then the rest of Oregon’s businesses must be in deep trouble.
"Allen Alley wants Oregonians to believe that his corporate background qualifies him to be State Treasurer. We would hate to see Oregon’s public employees’ retirement fund take the same path as Alley’s company,” Oregon Democratic Party Chair Meredith Wood Smith said.
Smith is referring to Pixelworks, a once-profitable NASDAQ traded business. The stock, which a few years ago traded at $50 a share closed at $1.51 on Thursday. Alley, who resigned as CEO in December of 2006, cannot be blamed for the most recent losses, but Democrats say he is the one responsible for the current state of the company.
“If he wants to do to Oregon investments what he did to Pixelworks, then we are all in trouble,” Democratic Party spokesman Marc Siegel said.
While the site does not come up as one of the top 10 results in a Google search, and therefore less likely to be found, it is an easy site to stumble on by simply misspelling Alley’s first name.
See the site: www.alanalley.com
The latest speculation on who will be Oregon's next U.S. Attorney once President-Elect Barack Obama takes office is that several Oregon district attorneys are lining up behind Clatsop DA Josh ... >
To view a larger version of this cartoon, click here.
Related stories: >
Of course he can be blamed
Of course he can be blamed for recent losses, he is still chair of the board.
In truth, PW only made money one out of the last 11 years- as the new website says- "that's a decade of debt"
Post new comment