The future of Kansas City's biggest public works project hangs in the balance as Republicans & Prez Trup push a controversial House budget that eliminates Private Activity Bonds (PABs) and challenges the biggest lie that was perpetrated on local voters in decades.
KC Insider reality check . . .
KANSAS CITY TAXPAYERS WILL PAY FOR THE NEW AIRPORT NOW THAT PRIVATE ACTIVITY BONDS ARE OUT OF FAVOR & CONFRONT POLITICAL CHALLENGE!!!
Moreover . . .
CITY HALL WAS A DAY LATE AND A DOLLAR SHORT IN PUSHING THE NEW AIRPORT AND THIS SKETCHY FINANCING SCHEME!!!
The talk about KC "not paying a dime" was always a lie and everybody involved in this election knew it . . . Less than a month after a rigged vote, the fabrication is unraveling.
Our blog community readers and AWESOME TKC INSIDERS point us to the ballot language in question . . .
"All costs paid solely from the revenues derived by the City from the operation of its airports and related facilities, and without the issuance of general airport revenue bonds UNLESS such general airport revenue bonds have received prior voter approval?"
To wit . . .
THANKS TO PREZ TRUMP: WE'RE VOTING ON THE NEW KANSAS CITY AIRPORT AGAIN AND THIS TIME TAXPAYER WILL BE ON THE HOOK FOR MORE THAN A BILLION BUCKS!!!
And all of this speaks to the confused, haphazard and sketchy financing of the deal employed by Kansas City corporate and political leaders which is now facing push back from Prez Trump and the GOP budget in their efforts to "drain the swamp" or at least fight over financing options.
Developing . . .
Or we can look for port authority financing and take it right out of the general fund.
ReplyDeleteYou have too much faith Democracy TKC.
The best business in KC is political consulting. Just a rinse and repeat of mailers. This should help funnel more money before the 2019 cycle.
DeleteDid anybody ever believe we wouldn't be paying for this thing in the long run. Whether it's with higher prices or another City Hall tax increase. This is the way it has ALWAYS worked.
DeleteI don't know if's it's a broken promise or just another bait and switch.
Can you say go bond money! We all knew this was going to happen and sLIE was gonna fuck everybody over when it came to fixing the streets, but hey, his downtown is looking good!
ReplyDelete^^^ +100 absolutely.
DeleteAnother prime example is look at Commie Mayor SLY JAMES Phony TOY TRAIN Fiasco,,, same shit, that how commies work, thru lies, bullshit, and Snake Oil salesman tactics !!!
ReplyDeleteCapitalist commie
DeleteWhat is it Capitalism or Communism? It can't be both. Capitalism is a corporate run state. Communism is state run capitalism.
ReplyDeleteYour statement is asinine.
DeleteDoes anyone even want to go to that little shithole ghetto
ReplyDeleteVery nice, see you at the single terminal groundbreaking!!!
ReplyDelete7:05 - nope, and nope.
ReplyDeleteAmazing, awesome, and epic landslide victory with about 47,000 yes votes.
ReplyDeleteLOL
Why should Trump be blamed for some narly assed crroked scheme cooked up by the boss hog politicos of Kansas City Maybe the lazy fat toothless redneck fucks in this town show get up and put a stop to the fiscal bullshit that has been going on in this shit hole for decades. Hell, this crowd can't even protest an election that any idiot knew was a fucking farce. People in KC need to either get some nads or just continue to cry like babies, blame everyone else for their own apathy and get out thier wallets.
ReplyDeleteI remember when the Power and Light District was projected to pay for itself.
ReplyDeleteTony you can misinterpret stuff like nobody's business. And this is another shining example.
ReplyDeleteWell, we are the Bait & Switch center of the Universe. And we will always be "on the hook" for any and all the grand plans.
ReplyDeleteAnd the Detroitification of Kansas City continues. See liberal shitheads, this is what you get when you vote in a clueless, democrat liberal, tax spending moron into office. But no, you wan mo free stuff from the tax paying, property owning working class. If the idiot working class, home owners, and other people who should be concerned about these developments would get out and vote, these things wouldn't happen. Fuck off Sly.
ReplyDeleteTrump should never of helped sly with the airport
ReplyDeleteIn a socialist society everything is free so we need Bernie
ReplyDeleteHillary will be the next pres and get this country back on track morally and financially.trump has already fucked up our finances and divided our country
ReplyDeleteHILLARY WILL BE IN JAIL AFTER THIS URANIUM ONE CRIME.GET A BOOK DEMOCRAT
ReplyDeleteTrue dat!
DeleteIts THE KANSAS CITY SHUFFLE IT'S BEEN GOING ON FROM THE 1800s.AND you keep being fooled That is how you bankrupt a city taxes get to high and people move out or spend money outside K.C.MO.
ReplyDeleteOhhhhhh shit Tony with another Scoop To Nowhere
ReplyDeleteWho did you think was going to pay for it?
ReplyDeleteNever forget, these are the same "kick-ass TKC insiders" who have been wrong about EVERYTHING so far!!! Hilarious! Keep feeding the Metamucil to the geriatrics!
ReplyDeleteWhy, Steve Rose told us all that Johnson Countians and Fort Leavenworthians are the main users of the KCI Airport, and the new Single Terminal will be for entirely from User Fees!
ReplyDeleteThat has to mean that, if the User Fees are inadequate, they would be perfectly willing to voluntarily dig down into their pockets to makeup any difference.
Otherwise, you skeptics would be implying that Steve Rose is as worthless a sack of lying shit a Sly James!
Bend over Kansas City. This is gonna hurt.
ReplyDeleteat this holiday season, out-of-staters should give thanks to citizens of kcmo, not just for building us a new airport but also for everything else, including the hotel and free streetcar. it'll be great.
ReplyDeleteDid the reporters at the Star cover this possibility?
ReplyDeleteTax cuts were never intended for infrastructure. Never have been never will be. Nothing but share holders and CEO's under that blue sky. If you saw this, you don't matter.
ReplyDeleteThis is what happens when you put party loyalty over common sense. In Kansas City, they talk about inclusion and being progressive while they screw us with stupid economic development projects (e.g., if no private company will step up to build a new hotel in KC then maybe it's because it doesn't make economic sense so why should the city do it?). On the national level the Republicans stir up hate and anti-political correctness then screw those same people with temporary faux tax cuts with large tax cuts for multi-billionaires and corporations promising more jobs (Reagan did this in the 1980s. It didn't work then and won't work now. In fact, the poverty rate rose and middle class incomes stagnated).
ReplyDeleteGiven the number of Kansas Shitians who don't pay taxes the Peckerwoods better wake the fuck up and go vote.
ReplyDeleteThe real scam in all this is the attitude that Federal money is not tax payer dollars. Lying bastards.