Good morning, Blogolanders. This will probably be a quiet weekend since it is the unofficial start of summer. Yet, while relaxing on the porch, grilling burgers, watching fireworks, or whatever, take some time to consider the following:
At TNL, Councilman George Muschal made an excellent point that no one bets on a dead horse. As someone who followed the nags for several years, he's right.
At the same meeting of TNL, Councilman Zachary Chester suggested that those so anxious to save the hotel, put up some money to accomplish said goal. He and Mr. Muschal were the only ones willing to do so. Not even Local 54 so anxious to save 84 jobs offered funds.
The City of Trenton NEVER owned the freakin hotel; the City of Trenton just guaranteed the debt.
That's rather like giving someone a credit card and you pay each month.
The City of Trenton was NEVER obligated to meet the cash calls so every time someone came blowing into a council meeting moaning, "If we don't get $100,000 by tomorrow, we'll have no steak sauce!!" council could have said, "NO," but never did.
Keep your fingers crossed that the hotel has not been serving rubbing alcohol in place of high end scotch.
If council decides to float the new bonds, the debt will belong to the city. You and I, taxpayers, will be on the hook. Forget any idea that the state or even the county will come to the aid of the hotel. Please, Blogolanders, consider this. Do you REALLY think anyone in Princeton or Seaside Heights gives a crap about a hotel in Trenton? And to save the hotel, the country and/or state would either have to raise taxes or take money from some other program.
In roughly seven months the 2014 campaign season will be up and running; forget where the candidates were born, grew up, went to high school, and had the most unhappy childhood. Ask about solving the financial mess here in Trenton. Ask about getting more taxpayers into the city. Keep asking, "What are you plans?" "How do you intend to solve this problem...?"
And be prepared to let the hotel become a sad bit of history. Yes, I'll miss it, but I also miss the milkman, a service that is history.
Saturday, May 25, 2013
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