|Councilor Angel Rivera|
Republicans dangled a job creation estimate and MBE opportunities to try to pick up Democratic support. Of course, they didn't actually make the job creation a contractual requirement, nor did they specify what types of jobs, mandate that they would be full-time or how much they would pay. While such a demand for such assurances would be inappropriate in normal circumstances, when we taxpayers are being put on the hook for nearly $100 million, our councilors at the least should be demanding more than vague creation estimates.
Some interesting things I noted about the council debate. First, of all, someone needs to tell Councilor Angel Rivera to stop talking. Rivera, the consummate cheerleader of every tax/fee increase and hair-brained spending project proposed by Mayor Ballard, praised the administration putting taxpayers on the hook for $100 million for a development that every lender found as too risky. He said it was a "great idea." Seriously conservatives, do you want that guy defending taxpayers?
|Council President |
Finally, I found Council President Ryan Vaughn's closing comments most telling. (Not sure why a presiding officer in a legislative body is not only involving himself in a debate on a proposal, but closing it. That is highly inappropriate.) Vaughn said that in order to keep afloat previous downtown development subsidized by taxpayers, we need to keep pumping more taxpayer dollars in.
The law enforcement authorities have a term for that. It is called a Ponzi scheme.