Sunday, May 24, 2009

Why do we give our money away?

Glendale Ballpark Deals in Limbo

http://www.azcentral.com/news/articles/2009/05/24/20090524ballsalestax0524.html

I just don't get it! Never, in the history of government, has anyone in government offices, under the direction of government officials, with the help of government entities, been able to effectively negotiate anything worthwhile! When Glendale bought, and paid for, the now-named Jobing.com Arena, they used taxpayer money, "in their best interest", hoping it would generate a tax revenue windfall. It didn't! In fact, their complicated and sophisticated negotiations gave them concessions and deal, and then, to top it off, refused to put ANY teeth into the contract for failing to honor their agreement. I am, of course, referring to the 8 months of back rent owed by the Coyotes that their only recourse was to send a stern letter asking for the money. Now the Coyotes are in bankruptcy and threatening to move to Canada. I wonder how much money the citizens of Glendale made on this deal, after the building and other fees that went into its construction, not to mention all the lost concessions and tax revenues. I'm thinking we made a deficit profit (for the academically challenged, that would a debt, which must still be paid...BY THE TAX PAYERS OF GLENDALE!).

Now, Glendale has been in negotiations for 2½ years to receive monies from tax payer funded projects. Oh wonderful, here we go again. They made agreements, verbal or otherwise, then committed money to construct facilities, and then...wait for it....

WAIT FOR IT!

Never completed the paperwork! What rocket scientist thought that would work better then actually writing the deal down on paper and forcing a legally binding commitment? Now the City of Glendale basically has no "legal" right to claim the money as there was no agreement officiated and consummated (a signed paper for those still challenged).

When are we, the people of this city, county, state, country, whatever, realize that giving the government any kind of control with our money is just plain stupid? I'll leave you with this parting thought: President Obama ran his campaign on the platform of CHANGE, in which he kept his word. He changed our hard-earned tax dollars into C - H - A - N - G - E! He even managed to C - H - A - N - G - E our money from our hands to someone elses, like Bank of America, Chase, GM (bankrupting), and Chrysler (bankrupting), and even foreign entities.

Do you suppose this falls under the category of "good negotiations"?

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