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Posted on May 27, 2023 at 10:00am 0 Comments 0 Likes
Change how we celebrate Memorial Day, a day of remembrance for those who died in service of the USA. 1) Drop policies that only create more veterans. Absent surprise attack, military can be deployed only after declaration of war. (Const. Art. I, sec 8.) 1/5
Administrations, GOP & Dem, more easily order attacks when the Constitution is shoved aside. Less military use = fewer veterans, living & dead. 2) Cut the defense budget by 50%. It doesn’t take a genius to realize you…
ContinuePosted on May 23, 2023 at 5:58am 0 Comments 0 Likes
Remember: June 5 at 7 p.m., the City-County Council will vote on a $625 million bond issue to finish & run a hotel after the group that started it couldn’t find a bank to take the risk. I’m not a fan of big banks. A bank that can loan high nine figures is “big.” Also, they want profits. 1/7
Loans provide profits in the interest borrowers pay. Borrowers usually pay interest when their business succeeds. If a bank declines an opportunity to invest, one may infer the risk of…
ContinuePosted on May 21, 2023 at 2:49pm 0 Comments 0 Likes
June 5: Indy’s City-County Council votes on a $625 million bond issue to finish & run a hotel. A group started it, but (apparently) could not find a bank to loan on a bad risk. In our “free market” economy, businesses, increasingly not local, squeeze every penny out of States & cities. 1/4
Their threat is to build in a different city to which all those tax revenues & jobs will go. There’s no magic. Cost-benefit analysis tells businesses, including banks, a project’s odds…
ContinuePosted on May 20, 2023 at 2:42pm 0 Comments 0 Likes
In the waning hours of the legislative session and w/o public debate, Indiana’s General Assembly passed, and Governor Holcomb signed, a measure that creates a new tax district w/in the original one-mile square platted for the City of Indianapolis in 1821. Money is needed downtown. 1/5
Fewer jobs exist downtown. Of course, when the new Criminal Justice Center was built a couple of miles away, quite a few jobs were sucked out of downtown. At least none of the money from the new tax…
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Any other guests I should be aware of?
I can give it a shot. It would be mainly "shoot from the hip", though.