
IS IT TRUE March 1, 2013
IS IT TRUE in spite of the fact that there was no ridiculous event like the Maingate City Council fiasco of 2012, the traffic of the City County Observer in February 2013 continued to grow and exceeded the fiasco fueled record month of February 2012?…as long as we continue to report bold things like the First Lady of Evansville’s claim that “Republicans control the Evansville City Council†our traffic will continue to grow at the expense of other media?…we do wonder just which 4 Democrats are considered under the thumb of the Winnecke Administration by the First Lady?
IS IT TRUE that the month of March has made its entry into 2013 and that the planned spending cuts known as SEQUESTER are now upon us?…the sun came up this morning, none of the upcoming flights have been cancelled, online banking is working great, the stock market is near an all time high, not one teacher has been laid off as the White House has claimed, and life in this United States is pretty much as it has been for the last few weeks?…in truth the Obama Administration created the SEQUESTER for political purposes thinking all along it would never happen yet it has with the only fanfare coming from the carnival barkers at the White House?…SEQUESTER is only a 2.4% cut in spending or a paltry 0.5% of the existing federal debt?…today the Obama Administration and the Congress woke up to the same reality that every American worker woke up to on January 1st and that reality is a 2% cut in discretionary spending?…every American adjusted to that reality within a week and it is not too much to ask of our elected leaders to do the same?…the other reality that may be forced onto the federal government by their debt holders is the reality that hit many private citizens four years ago?…that is an interest rate increase?…if you really want to see a disaster that disrupts the federal government that would be an interest rate increase?…a rise to only 7% or 8% would render our government incapable of spending money on anything but interest?…most all of us remember interest rates like that and higher?…if the federal government does not get control of the debt “America the Beautiful†may just be changed to “Don’t Cry for me Argentinaâ€?
IS IT TRUE that speaking of debt it seems as though the government of the City of Evansville now has about $400 Million of debt on our books?…that amounts to $3,400 per resident or $8,000 per household including the 10,000 uninhabitable houses?…when compared to a bigger and dumber city like Chicago or Detroit, Evansville’s debt does not look so terrible?…when the sewers are all brought into compliance with the EPA mandate Evansville’s debt will be closer to a Billion Dollars bringing it right alongside those bigger and dumber cities that are known for corruption and lose population at rates that in Detroit’s case exceed the losses associated with a military invasion by an outside power?…that what Detroit has done to itself could not have been done by an outside saboteur?…seeing the fate of these decaying cities it defies logic to copy even one page from their playbook?…those pages include borrowing money to build temples to sport, banning guns, and providing incentives to entertainers?…the results speak for themselves?
IS IT TRUE the Indiana Venture Club in Indianapolis has no businesses scheduled to pitch any investment opportunities to them for their March meeting?…that perhaps their conservative nature and their irrational valuation demands (greed) have rendered them irrelevant?…when a group that hangs out a shingle advertising investment dollars for equity can’t even get an entrepreneur to make a presentation there is something very wrong?…the Indiana Venture Club is not alone in suffering from an entrepreneur shortage?…such Venture Clubs all over the country reacted to the new economic realities of the last four years and changed their evaluation criteria and the chickens have come home to roost?…the shortage of investments in emerging businesses can be traced right to the White House and Congress who are borrowing so much money that little is left for private business while raising taxes to the point that the returns on investment are no longer attractive?…American entrepreneurs will hopefully adapt and bring for new businesses for all of our benefit because according to the Kauffman Foundation 100% of net new jobs come from companies less than 5 years old?…we should not have to imagine a country without employment?







