IS IT TRUE? July 15, 2011
IS IT TRUE that just as the City County Observer has been reporting for two weeks now it appears as though there will be two and only two bidders on the RPF that was issued by the Evansville Redevelopment Commission to build a new downtown Convention Hotel where the two ROCK PILES are currently sitting behind the new Arena in Downtown Evansville?…that one company that is planning to bid is the Kunkel Group and that the other is an newly formed business called Prime Lodging and is headed by Chris Verville who like Kunkel was peripherally involved with Woodruff Hospitality LLC?…that just as the CCO predicted, no business that is not already familiar with the project has come forward with any intention to respond to the RFP?
IS IT TRUE that the former American General a wholly owned subsidiary of AIG that was acquired by a private equity group and renamed Springleaf has quietly had a layoff?…that 65 Evansville based employees have been let go during the last couple of days?…that we hope to see these employees find new jobs very soon?…that the newly attracted SS&C that is readying the 3rd floor of the Innovation Pointe Building for occupancy may be a great place for these people to submit applications?…that as we recall, the press releases from GAGE and Mayor Weinzapfel boasted that SS&C would be hiring up to 500 people in the next few years?…that this is an opportunity for them to get a head start on that hiring and prove the optimistic press releases to be correct?
IS IT TRUE that in the Competitive Realities study that was released by the Southwest Indiana Coalition for Economic Development last week that one of the areas in which Evansville was chided for being short on was in dollars to spend on marketing this region to the outside world?…that the words used were something along the line of dreadfully under the budgets that comparable cities have for that task?…that this writer has some experience with such budgets?…that the marketing budget that the Coalition has to tell the world what this region has to offer is less than one-tenth (10%) of what some other comparable places spend on that most important task?…that SCROUNGER BUDGETS in the economic development field when compared to competing cities have been the norm here for years and it shows?…that the public budget will have to provide unemployment, training, interview coaching, etc. to the unfortunate 65 people that the former AIG laid off this week will exceed the budget for marketing this area to the world by many times?…that we are once again penny wise and pound foolish?
IS IT TRUE that the City of Los Angeles has been considering spending $300 Million of public money to assist in constructing a $1 Billion football stadium to attract an NFL franchise to town?…that Los Angeles has not had a team in well over 10 years and that the economy of the city has not missed a beat from the absence?…that both the Raiders (now from Oakland) and the Rams (now from St. Louis) both tried to shake the City of Los Angeles down for money back in the 90’s?…that both were unsuccessful and ended up following through on their threat to leave town?…that both Oakland and St. Louis have had some very public money troubles for caving in to these shake down techniques and “buying†teams?…that the City of Los Angeles after learning of the travails of Hamilton County, Ohio has put their plans on hold for a later date?
IS IT TRUE as was pointed out in the City County Observer this week that subsidizing professional sports stadiums with public money is reverse redistribution of income?…that doing what some cities do by heavily subsidizing temples to sports do is simply taking money from productive middle class taxpayers and giving it to ballplayers and team owners?…taking from those who work and giving to those who play ball for a living would have the founders of the United States turning over in their graves?