"So, let's see, since we last chronicled the ballpark saga four weeks ago, the Bonds case has surfaced, Mr. Cabrera is packing his suitcase, Major League Baseball says the site they were okay with in August is now dogmeat and, oh yes, the frustrated Miami City Commission has told the Marlins if they don't make a firm deal by Dec. 13, forget about the Orange Bowl land or any city money....
"Now, factor in one more impediment to the stadium: everyone in Florida government is trying to change property tax laws that underpin both Miami- Dade County's and Miami's income stream. So many heavy-hitters have their oar in this that the outcome could be anything at all.
"How can government deal away a half billion when it has no idea about future revenues and when the property values upon which taxes are based are about to decline next year for the first time in memory? It's fine to say the money comes out of this pot or that pot, but in the end there is only one pot that pays the freight -- us." (MiamiToday)
EVEN-MORE: Craig reveals another potential financial disaster for local governments in Florida, occuring right at this moment. (FishStripes)
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