Saturday, September 18, 2010
"Leveraging the Marketplace?" Are You Kidding Me?
I just heard the audio of Councilor Mike Speedy's appearance on the September 13, 2010 Greg Garrison show. On the show he talks about how the ACS parking deal is a good one because the City is "leveraging the marketplace" through the ACS contract. Are you kidding me?
The parking contract was not bid out. Barnes & Thornburg parner Joe Loftus, who is a paid legal advisor to the mayor and paid lobbyist for the City, also lobbies for ACS according to the City's lobbying registration website. The ACS contract is for 50 years with no right to cancel for the City.
Pray tell, Mike, where does that "marketplace" competition you refer to come into play? The deal, in fact, shields ACS from market competition by creating a legalized monopoly with no protection for Indianapolis taxpayers whatsoever.
In its print edition, the Indianapolis Business Journal today reported how similiar the Indianapolis deal is to Chicago. The Chicago deal killed off the political career of Mayor Richard Dailey. Do Republicans like Speedy really want to go down that political road?