Friday, February 1, 2019

Leadership of Both Parties on Indianapolis Council Want Taxpayers to Foot the Bill for Soccer Stadium

One should never surprised by our Indianapolis City-County Council whenever it comes to corporate welfare.  On the Council, regardless of which party controls, there is always a bipartisan majority more than willing to hand taxpayer money to corporate interests.  Fortunately, the Indiana General Assembly on occasion will put a brake on the eagerness of local officials to raise taxes or redirect existing tax revenue for the latest giveaway.  The Indianapolis Business Journal reports on the latest effort of our councilors to give away our hard earned dollars:
A bipartisan group of city-county councilors has called for a committee hearing on legislation that would use state and local tax revenue for a $150 million, 20,000-seat soccer stadium, part of a larger mixed-use development proposed by the owner of the
Indy Eleven.
But the councilors—including President Vop Osili, a Democrat, and Republican Leader Mike McQuillen—stopped short of endorsing the stadium project, saying they want the opportunity to "carefully and thoughtfully engage in discussions" about the proposal and the future of soccer in Indianapolis. 
“We’re not advocating for anything other than the opportunity for local government to have a say in this,” Osili told IBJ on Thursday. 
A letter signed by Osili and McQuillen, as well as the council's majority leader, Maggie Lewis, and its vice president, Zach Adamson, says, "Our ability to act on this, however, is dependent on SB 543 being provided a committee hearing and the prospect of passage by the Indiana General Assembly."
The project would be a public-private partnership, with private investors chipping in about $400 million for the residential, retail and commercial parts of the project. The stadium would be publicly funded, with bonds paid off using revenue from property, income, sales and other taxes generated within the development. SB 543 would establish that funding mechanism, authorizing a Professional Sports Development Area to capture the state taxes and allows the city to create a tax-increment financing district to capture local revenue.
By the way, the term "public-private partnership" means that taxpayers assume the cost and risk of the corporate welfare project while the private company reaps the benefits from the partnership.

Alarmists Peddle Hypocrisy When Reminding Skeptics that Weather Does Not Prove Climate

The nation is now warming up after record cold and wind chills hit much of the United States.   Noting the occasion, President Trump tweeted:
"In the beautiful Midwest, windchill temperatures are reaching minus 60 degrees, the coldest ever recorded. In coming days, expected to get even colder. People can't last outside even for minutes. What the hell is going on with Global Waming? Please come back fast, we need you!"
Chris Cillizza, a CNN commentator, took the President to task in a column in which he interviewed James Samenow, meteorologist and Washington Post weather editor, who explained that weather (short
term) doesn't equal climate (long term).  Therefore, the CNN headline with the story declares the President's tweet to be "utter idiocy."  

No doubt Trump is wrong in equating weather with climate.  But perhaps (and I'm not sure he's smart enough to do so) the President is using his tweet to make a larger point by pointing out the hypocrisy of alarmists who are constantly doing just that -  using weather as proof of global warming climate change.

Indeed those who spout the man is causing dangerous global warming climate change theory are constantly pointing to hot summer days, or a particular storm or wildfire as proof of their theory.  Indeed, alarmists recently announced a new strategy of pointing to particular weather events to persuade people on the issue of global warming climate change.  Yet when skeptics point to weather events to refute the theory, the alarmists are quick to pull out the "weather does not equal climate card."

What is wrong for the goose is wrong for the gander.  The climate changes over thousands if not tens or even hundreds of thousands of years.  Weather events do not prove the climate is changing or not changing. (And those weather events certainly do not prove that man is the cause of any change or that a warmer climate is a bad thing for mankind.)    

It is as wrong for alarmists to use weather events to advance their theory as it is for skeptics to do exactly the same thing.  It's called hypocrisy.