IS IT TRUE? January 22, 2012
IS IT TRUE that it was revealed yesterday that the City Council of Rancho Mirage, California will be seriously considering making a LOAN of $20 Million to a company known as Rancho California LLC to complete the development of a luxury hotel?…that the name of this hotel that will be built entirely with private money but with a LOAN from the City of Rancho Mirage is the RITZ-CARLTON?…that the plan calls for a ground breaking to occur in June of 2012 with a Grand Opening on New Year’s Eve only 6 months after the groundbreaking?…that perhaps Evansville officials should look into what it takes to get a RITZ CARLTON for only a $20 Million loan and more importantly how to build a hotel in 6 months?…that the total budget for the project is an eye popping $90 Million excluding land?…that the difficulty that the developer has had over the last couple of years to secure financing is very reminiscent of the travails of Evansville’s Downtown Convention Hotel project?
IS IT TRUE that despite some of the recent congratulations on the jobs created in this region that job contractions continues to be going on too?…that Mole #29 tells us that downsizing in the manufacturing sector is continuing all over SW Indiana and that just last week the former Keller Crescent laid some people off?…that Springleaf technologies, formerly American General that was owned by AIG (yes that AIG of federal too big to fail bailout fame) is continuing to “rightsize†the Evansville facility?…that rightsizing is corporate lingo for cutting back?…that between the former American General, Ameriqual, and Whirlpool’s cutbacks and tax abatements it should be time for the Evansville City Council and the Vanderburgh County Commissioners to have a little review of those tax abatements to see just how much of those abatements are being earned and possibly how much money the citizens of this region could recapture due to these and other businesses not delivering on the promises that got them the tax breaks in the first place?
IS IT TRUE that we also wonder if it is widely known that SS&C now has the entire third floor of the Innovation Pointe building being provided to them rent free and that public money was used to customize the floor for them?…that the 3rd floor of the Innovation Pointe Building was designed to accommodate up to 30 start up companies all of which were admitted because of their growth plans and potential?…that these days it seems as though the Innovation Pointe Building is being managed with all of the eggs in one basket and public entities dominating two full floors leaving only half of the second floor to incubate new businesses?…that is a stark departure from the goals and objectives on which the entity GAGE was founded and upon which the Innovation Pointe Building was refurbished using TIF Funds and State of Indiana grant money?
IS IT TRUE that some of the Democrat contingency in the Indiana State House of Representatives is once again being led around by the nose by the Pied Piper of South Bend and the Lord of the Obvious Toupee, old Pat Bauer himself?…that the picture of him showboating in yesterday’s Courier was simply a priceless reminder of a cross between the Wizard of Oz and P. T. Barnum?…that if Representative Bauer has any respect whatsoever for the office that he was elected to carry out the duties of and has any hope of coming out of the 2012 with any Democrat power at all left in the State of Indiana that he needs to do a reality check and stop encouraging our fairly elected Democrats to forsake their duties and get into the chamber and vote?…that how they vote is not as important as the act of voting itself?…that not one of the Democrats of the Indiana House were elected on a platform of refusing to do their job?…that they should fight the good fight for what they believe but at the end of the each day they should at least be able to say that they SHOWED UP FOR WORK?…that if the don’t show up for work they should be sent home and banned from running again?