IS IT TRUE June 13, 2012
IS IT TRUE sometime during the next week depending on a couple of outside factors the City County Observer will pass another internet traffic barrier?…that it is inevitable that the CCO will enter the realm of the top 300,000 trafficked websites in the world?…that the number of websites out there worldwide recently topped 400 Million?…that places the CCO in the top 0.08% of websites worldwide with respect to traffic?
IS IT TRUE that the whole Johnson Controls line of questioning has us wondering just what can be done when an outgoing administration signs a legal contract during its final hours that turns out to be enough different than it was represented to be at the time of signing that the best solution is to tear up the contract and start over?…we are not saying that is the case with the Johnson Controls deal?…what we are encouraging is for a complete VETTING job including a rigorous financial analysis to be done to see if the numbers in the contract stand up to scrutiny and practical assumptions?…if they do then Mayor Weinzapfel did a good job (in a vacuum) and we can all look forward to having our water meters read through the internet?…the real question becomes what happens if this turns out to be a dud that the Winnecke Administration really prefers not to go forward with?…we think there should be some kind of mechanism to automatically require VETTING of everything that is passed above a certain price threshold in the lame duck days of any administration?…that this $50 Million plus deal would certainly exceed that threshold?…if it really is not a contract that solidly pays for itself with tangible and measurable savings that it should be subject to cancellation?…that what has been shown thus far certainly look like there is a high potential for exactly that outcome?
IS IT TRUE that lame duck elected officials have often pulled plenty of stunts that are less financially impactful than the Johnson Controls deal may be to Evansville?…there was a real concerted effort by the Weinzapfel Administration to jam through yet another deal for the McCurdy in a last minute special meeting of the Evansville Redevelopment Commission?…that the ERC which took 4 years to learn their lesson blocked this effort and sent former DMD Director Tom Barnett stomping out of the room mad as a hornet?…we wonder what would happen if an outgoing President of the United States pardoned Charles Manson and others like him?…we hope that such an executive action could be overturned by saner minds?…that alas we do not think executive privilege has changed much since the words “give us Barabbas†were uttered in Jerusalem?…that does not say much for the advancement of governance?
IS IT TRUE that economist Milton Friedman predicted the fall of the Euro within 10 years at the time it was launched?…that while Friedman may have missed his timing it appears that the probability of Greece and other European countries with excessive debt is getting pretty high?…that when Greece runs out of Euros which they most certainly will that they may return to the Drachma to avoid a devolution into a barter system?…Cypress just requested a banking bailout similar to Greece for the same reasons and that Spain is on the same path?…we should take a lesson from these countries that are several years ahead of us on the debt to GDP curve and right the American ship now?…that counter to what pundits and extremist party hacks say, the escalation of debt started in 2007 under President Bush and has continued unabated under President Obama?…that while these two presidents have different ideologies they pretty much look the same to a financial analyst?