Morning Reads for Friday, December 21, 2012 (or… if you’re reading this, the world did not end, again) – UPDATED

December 21, 2012 5:59 am

by Obi's Sister · 12 comments

Here:
Taxes, taxes, everywhere.
The Berry College bald eagle cam. Watch it here.
– Hampton Municipal Court Judge Wayne Jernigan honored for 40 years of service.
– Macon-Bibb consolidation price tag.
Apocalypse watch Something to do since the world didn’t end. For several nights, seven planets will be visible in the sky.
– Yet another preacher in trouble.
– Atlanta based firm to buy NYSE.

There:
-The double-dog-dare-ya at the frozen flag pole. UPDATE: Boehner sticks his own tongue on the flagpole, and everyone else goes home.
– Secretary of Energy Steven “Expensive Gas Guy” Chu may be leaving.
Knee-jerk is your word for the day.
– Did you know another Cabinet position has been vacant for five months? You know, the one responsible for “job creation, economic growth, and improved standards of living for all Americans…” No that that is important, or anything.
– First Miss USA crowned Miss Universe in 15 years. Congrats to Olivia Culpo!
Obamacare & kids.
Free-speech academics shutting down free-speech. Bonus points if you find the ‘heads on pikes’ reference.
– Watch out for phony donations/memorial sites for Sandy Hook victims. Sick, just sick.
– Too bad it’s not Halloween. Sandy federal storm relief bill could dress up as the world’s largest pot sticker.
Doom. AMT could hit 100 million taxpayers if not addressed by year end.
– If the US Senate were an NFL franchise…

Random:
– Get your North Pole Stormtrooper patches here!
– Got male children? Surprised this never happened at your house? Me, too.
CornDawgs?
May the Gingerbread be with you.

xdog December 21, 2012 at 6:36 am
Obi's Sister December 21, 2012 at 8:11 am

@xdog – I was going to include the Garner/Auburn story, but there was an incestuous joke in there somewhere, and I decided not to go there. At least for now. Maybe after I have my morning coffee.

Ed December 21, 2012 at 7:12 am

” Did you know another Cabinet position has been vacant for five months? You know, the one responsible for “job creation, economic growth, and improved standards of living for all Americans…” No that that is important, or anything.”

Clearly, the only interpretation is that Obama is trying to kill the U.S. economy.

Also, the House Republicans just made themselves the proud owners of the [whatever metaphor takes us over the fiscal cliff]. Hope you’re stoked for that! What will it mean for John Boehner that he can’t get his party in line for the most important vote he’s had on his plate?

Daddy Got A Gun December 21, 2012 at 8:11 am

TSPLOST Plan B …. counties decide what is important to them and do it.

Marietta Daily Journal is reporting that the Cobb Commissioners has approved a new control tower for McCollum Field. That was project TIA-CO-018 on the TSPLOST list at $2.5M.

http://www.mdjonline.com/view/full_story/21201381/article-BoC-OKs–2-56M-control-tower-for-McCollum-Field?instance=home_top_bullets

Not mentioned were the runway lights which apparently was a nice to have but not neccessary. SAVINGS TO THE TAXPAYERS – $700K.

Andre December 21, 2012 at 8:12 am

In Britain, if Prime Minister David Cameron suffered a defeat like the one Republicans handed U.S. House Speaker John Boehner Thursday, Cameron would resign and call for new leadership elections; having lost the confidence of his peers to lead the Conservative Party.

Obi's Sister December 21, 2012 at 10:35 am

Exactly. Boehner needs a no confidence vote in his stocking, along with the rest of the coal.

greencracker December 21, 2012 at 9:12 am

Georgia leads the nation in handing out state scholarships entirely by grades/scores etc.

http://online.wsj.com/article/SB10001424127887324481204578175631182640920.html

Ed December 21, 2012 at 10:58 am

Its Christmas bonus time…I’m going to finally add that large swimming pool to the backyard with my check…

John Walraven December 21, 2012 at 12:03 pm

http://profootballtalk.nbcsports.com/2012/12/21/bills-have-10-year-lease-with-seven-year-out/

Buffalo to spend roughly $130M of taxpayer funds to renovate their stadium. Not bonded indebtedness serviced by taxpayers. Not bonded indebtedness serviced by a local tax on hotel guests in one county. $130M to fix up an existing stadium from the coffers of the taxpayers for a guarantee of only seven years of having an NFL franchise.

While in Georgia, we have the chance for a brand new, state-of-the-art, retractable roof stadium that would serve the state for decades financed with bonds issued during the lowest rates in American history. These bonds would be serviced with a hotel-motel tax on guests over the 30 years. No taxpayer funds from Fulton County, Atlanta or the State of Georgia from folks that don’t stay in local hotels are required. No worries about our team leaving and an increase in the team’s value would happen overnight. Opportunity abounds for attracting new events to this State-owned facility would keep those hotels full. The idea to have pleasant temperatures to watch the Falcons in the warm months and an open air stadium for the nicer outdoor days later in the fall sounds like a win-win.

I can’t for the life of me understand why this is a bad deal. Murphy may have been a Democrat, folks, but he had a vision for Georgia. He wanted it to be a destination. He twisted the arms of the rural, agrarian Dems that didn’t want to “ship all that money to Atlanta”. However, we have the largest convention space in the U.S. and we are a destination. The largest group of State Legislators, for instance, chose Atlanta for next year’s convention. That’s about 8800 visitors. Without Murphy’s vision from years ago, they’d be in Chicago, San Francisco, Orlando, Boston or somewhere else.

If Buffalo has more vision than Atlanta, then we’ve taken a step backwards. Let these hotel guests pay for a new stadium over the next 30 years, folks. Its much better of a deal than Buffalo is getting and the State gets to own the building. If someone wanted to pay to construct you a $200,000 home on a 30-year mortgage and would pay for all but $60k up front, with a promise to pay for the rest over the term of the mortgage, what’s the financial rationale for not taking the deal?

I’m not asking what’s the political rationale or asking what you think Atlanta or Fulton should use its hotel-motel taxes on. Just asking why is the deal a bad one, financially, for anyone.

Charlie December 21, 2012 at 12:11 pm

Before we can debate this further, I notice one of Arthur Blank’s talking points embedded above:

“No taxpayer funds from Fulton County, Atlanta or the State of Georgia from folks that don’t stay in local hotels are required. ”

That point is provably not true.

I refuse to have yet another circular discussion with those pushing this stadium until they at least begin to acknowledge the full cost of this stadium to the taxpayers.

Harry December 21, 2012 at 1:06 pm

As has been said over and over, why should taxpayers subsidize private sports franchises with limited public resources?

The Last Democrat in Georgia December 21, 2012 at 9:19 pm

I’m not going to even bother to debate this stadium issue because I know that it’s already a done deal, no matter how much the public may disagree with it or think (know) that there is a pressing need for this money to be spent somewhere else.

The powers-that-be in Atlanta are not going to take the chance of losing the Falcons and they most certainly are not going to take even the slightest chance of losing the SEC exhibition and postseason games (most notably the uber high-profile SEC Championship Game in football and the SEC Men’s Basketball Tournament) to Dallas with Jerry Jones consistently lurking around the Birmingham offices of SEC Commissioner Mike Slive on a shockingly frequent basis in an effort to get those highly-prized events to Jerryworld.

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