Zera's Blog

A Citizen's View from Main Street

Jan Brewer, Arizona Governor, Announces Plan To Buy Back State Capitol Complex


Jan Brewer sold the heart and soul of the Arizona government­, the pride of the state, to the private sector. She sold out the people of Arizona. Now, a month before the 100th anniversar­y of Arizona statehood, it occurs to her that the people are going to need the cornerston­e of statehood back in their possession­. I am sure that Arizonians do not like to feel like tenants sold out to carpetbagg­ers.

There is more to being a state than having a shelf full of laws and a spreadshee­t full of numbers. Maybe she realizes that she sold the state’s identity and its pride. Probably not.

On the 100th anniversar­y of Arizona’s statehood, the citizens will not have a Capital to call their own. At best, they will spend that historic day listening to a republican explaining why their Capital is owned by persons unknown, and how committed she is to buying it back.

I doubt that they will hear from her just how many taxpayer dollars she wasted on this debacle, or that this incident will tarnish Arizona history to the last generation­.

Such will be the legacy of the modern republican party.

“There’s just one problem, most of our Capitol Complex, including the building we gather in today, is not ours,” Brewer said in the speech to the Arizona Legislature.

In my defense, I assumed that if Brewer was giving a speech to the state legislature, she was doing it in the state capital. According to MyFoxPhoenix, the capital building itself was not sold. On the other hand, the capital building is not used for constitutional business – it is a museum. Literally. The state legislature moved to a new building in 1960, and the administration moved in 1974. So the Capital that was built to help prove that the Arizona Territory was ready for statehood was put to pasture decades ago.

No wonder Arizona politics is so whack-a-doodle.

She sold for $81M, wants to buy back at $105M. As I understand it, they do not save any money by buying the buildings back early. What they lose is the use of the money over the life of the bonds that are redeemed early but at full price.

Buy high, sell low, and make up the difference in BS.

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January 9, 2012 - Posted by | Administration, GOP, Governance | , ,

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