IS IT TRUE that Earthcare Energy under their new name Enviro Energy LLC is 17 hours away from completion of their 31 day campaign to raise donations on the crowdfunding site Indiegogo and still has not raised one thin dime?…the pitch on Indiegogo actually has more detail about the Gas Letdown Technology than the fellows from Earthcare Energy LLC shared with Mayor Winnecke or the City Council the last time the TRAVELING ECONOMIC SALVATION SHOW came to town?…as we should all remember that during their first Evansville performance Ken Haney, Steven Geldmacher, Ervin Washington and the rest of the sideshow convinced Mayor Winnecke and the Loan Administration Board that there was such urgency to do a deal that they had a photo-op and pocketed a check for $200,000 before the City Council was even notified?…today is the day of reckoning for all who cast a favorable vote for this TRAVELING ECONOMIC SALVATION SHOW to pocket that $200,000?
IS IT TRUE after the weekend we now have a sufficient number of MOLES who have advised us that Mayor Winnecke and the Loan Administration Board are strongly considering extending the time of this $200,000 loan so they don’t have to deal with the consequences of collection during the same time as the GOLDEN SHOVEL EVENT for the downtown convention hotel that still has not shown or spoken about a formal loan approval document?…our MOLES even tell us that there are some prominent Civic Center employees and contractors who still think the 50 year old technology that Earthcare Energy LLC shook them down with is a viable technology to create lots of local jobs?…as the old saying goes “fool me once shame on me, fool me twice shame on you?â€
IS IT TRUE the CCO has also confirmed that the Evansville City Council never formally rescinded the commitment to loan Earthcare Energy LLC an additional $4.8 Million on top of the $200,000 that they have remained current on?…if the powers that be wanted to they could still write the TRAVELING ECONOMIC SALVATION SHOW a check for $4.8 Million to get this hot air device going?…if the Mayor and his inner sanctum really believed that Earthcare, Enviro, or whatever the name du jour is was a good investment they could have written that check anytime during the last two years?…if the loan is extended it is simply a cowardly politically driven act to avoid a date with responsibility?…it is time to rescind the commitment and collect the debt?…any actions other than those will brand Evansville as SUCKERTOWN again?
IS IT TRUE the operating performance for the Ford Center and the Victory Theatre were released over the weekend to avoid scrutiny and as most rational minds had predicted THEY BOTH JOINED THE BUILDING FORMERLY KNOWN AS THE CENTRE as losers of the people’s money?…they all three even lost money before considering the debt payments that are of course serviced from another pocket?…in the cast of the Ford Center with its $127.5 Million debt if the interest rate is 4% the interest alone amounts to roughly $5 Million on top of the nearly $500,000 loss on operations?…back when the Weinzapfel Administration was paying a consulting firm to tell them what they wanted to hear everyone was drunk on borrowed money in predicting that “Ford Center will be profitable from DAY ONE?â€â€¦we wonder if that was just a pack of lies or if the cast of characters actually believed the tea leaves they were reading while drinking the Kool-Aid?…the people of Evansville has had enough smoke blown up their kiester with the returns on investment of the fun and games schemes?…except in some very large cities with established entertainment brands fun and games schemes have been proven time and time again to be financial black holes?…we wonder why would anyone have thought it would have been different here?