Centro de Una Ciudad Nuevo
He’s projecting a private sector investment number for a project that changes every other week. Maybe they’ll build a street car, but not if you listen to the state legislature. Maybe they’ll build an arena if anything’s left over after paying a CCC (Cloth Connected Consultant) to run a water line. Minus cloth talk about weaving the community fabric, why will a street car from UMC to Cushing Street spur capital investment? Will the Cushing Street Bar add another bar tap for increased patronage from UMC staff? Patients?
Back in the copper company days, when I was a responsible for a $50+ M budget, our controller was all over us financial analysts about our figures. You really had to know your business. Over time you get a sense of smell for reality and for nonsense. That $1.3 billion is as bogus as the smoke peddled by TREO. Somehow I don’t think the Cloth read Paul Krugman. Honest individuals accoutable for items like Rio Nuevo would know and understand material like that written by Nicolai Ouroussoff. You can bet they do in Austin and Albuquerque.
As Rep Barbara Leff stated most clearly, the TIF legislation was sold as creating a "New River" area at the river (hence the name - it's not "Centro de Una Ciudad Nuevo"). Shortly after it passed the clothmeisters hijacked the whole thing to fatten the wallets of the CCC’s to conduct studies, draw plans, eat dinner, travel, sample resorts, and so on. (Although not a part of Rio Nuevo, another classic CCC example is TREO’s sweet treat for KMK Consulting: $1/4 M+ to print a pamphlet.) As Rep. Jeff Waring noted, Rio Nuevo paid a CCC $40,000 to promote a parade. TREO paid gay bohemian advocate Richard Florida $50,000 for a 70 minute pep talk. I respect gay bohemians, but fifty grand to be told they will revitalize the Tucson economy?
None of this is new. Back in the GTEC days, Clothmeisters paid Bablove Ridgewood Workgroup six figure sums (I believe the marketing budget was $1/2 M) for a yellow streak. They assured us in the strongest terms that the streak was top of the line marketing that would show the world Tucson was the happening place. Microsoft, Cisco, GE, Ford, SAP, SONY, Honda, Motorola, Disney World, the Shah of Iran, Moses, and the 12 disciples would make moving here with tons of cash their mission in life.
The rhetoric in today's piece is no different from that published 20 years ago. Only the dates change. Acquire the full search capability used by academics and search the Star and Citizen data bases with suitable keywords. It’s all there.