
IS IT TRUE November 29, 2012
IS IT TRUE today we start off by thanking and honoring a great citizen of Evansville who passed from this earth yesterday after a long illness that didn’t always keep her down as it would have many others?…Marjorie (Marge) Soyugenc worked brilliantly and tirelessly for many years to make Evansville a better place?…her service as an innovator, a board member and in general as a person who could get things done will make Marge irreplaceable in this community?…Evansville and many other communities need a group of people with the spirit and competence that Marge exhibited?…this guy could go on for several pages with real stories about her positive actions and influence?…the CCO simply wishes to thank Marge and challenge others to live such an excellent life?
IS IT TRUE that two winning Powerball tickets were sold last night that are worth over $300 Million each?…given the fact that tax rates on the “evil†rich are about to increase and tax rates on investment income are likely to see dramatic increases there are advice columns all over the news world today advising the winners to take the lump sum right now, pay the 2012 tax rates to the United States and even consider moving out of the country to avoid future tax increases and confiscation schemes like the big hikes in inheritance tax?…just because the big check will say $300 Million does not mean they will get $300 Million?…the pre tax lump sum payout according to multiple websites is about 65% of the marquee number or $195 Million for a smiling $300 Million winner?…at today’s highest federal, state, and local tax rates on our “evil†rich of right at 50% that would mean the smiling $300 Million winner would actually cash a check for $97.5 Million when every taxing authority took their bite and enforced their rules?…that is less than 1/3 of the headline number?…if that smiling winner dies after the first of January and passes this unearned windfall to their heirs they will only be passing about $40 Million (13.3% of headline) on to their heirs?…with the authority to run a racket like this it makes one’s head spin at how any government could be in a bind for money?…weren’t all of these lotteries sold to us to make our schools solvent forever?…it looks like government pulled the wool over our eyes on this one too?
IS IT TRUE the CCO would suggest that the big winners take their winnings over 30 years, stay in the USA, and do not worry about tax rates?…statistically speaking a large number of lottery winners find themselves on the dole after having done their time in evil rich pergatory?…only by keeping that money out of their own hands would a future on the dole be removed from the world of possibilities?…the USA is becoming a better and better place to be on the dole so just pay your taxes, sit on the couch, and keep that reality TV blaring?
IS IT TRUE it is now widely asserted by people in the City of Evansville government that we “NEED†a hotel in downtown Evansville to make the Centre, Ford Center, and the Victory Theatre profitable?…Roberts Stadium was profitable and successful with no hotel close to it?…the Centre and the Victory Theatre consistently lost money with the 600 room Executive Inn right there next to them?…that was true before the Executive Inn fell into disrepair?…the Executive Inn even lost money and changed hands many times without financial success?…it is a foregone conclusion that without a substantial incentive ($20+ Million) from the City of Evansville there will be no private investor come forward to make the kind of investment needed ($50 Million or so) to construct and operate a convention hotel in downtown Evansville?…we are now told as we were with every other money losing public works project in downtown Evansville that “THIS WILL MAKE PRIVATE INVESTMENT FLOCK TO TOWNâ€?…when the Executive Inn was thriving there were about 30 storefronts empty downtown, when the Executive Inn was demolished there were about 30 storefronts empty downtown, so we wonder why anyone would think that a new hotel half the size of the Executive Inn with storefronts of its own will be any different?
IS IT TRUE what we really wonder is when the delusion that just one more brick and mortar project will revitalize downtown Evansville as a retail center will come face to face with the reality that bricks and mortar are not the winning lottery ticket to success?…we guess after squandering taxpayer money on a hotel that someone else will own the next step will be for the City of Evansville to subsidize restaurants, clothing stores, bars, and nick-nack shacks to “revitalize†the downtown?…the truth of the matter is that Evansville is a one-mall-town and always has been?…that is unlikely to change no matter how much taxpayer money is spent on downtown dreaming?


Matthew Knoester, assistant professor of education at the University of Evansville, has published a new book, Democratic Education in Practice: Inside the Mission Hill School.
