Wizards and Caps could be moving to Potomac Yard

[Anonymous]

Anonymous wrote:Also the bill did not sail through through the General Assembly— a lot of no votes and a lot of people who said they voted for it to keep it alive but might change their mind

I’m pretty sure all or most of the northern Virginia members voted against the standalone house bill. “Sailed through” is not correct.

[Anonymous]

It passed out of the Appropriations Committee 17-3 and the House 59-40. Maybe the PP shouldn’t have said “sailed through,” but it wasn’t a nail-biter.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Also the bill did not sail through through the General Assembly— a lot of no votes and a lot of people who said they voted for it to keep it alive but might change their mind

I’m pretty sure all or most of the northern Virginia members voted against the standalone house bill. “Sailed through” is not correct.

Nope, which is what blows my mind. I’m in Alexandria. Ebbin had been in support of it. Parker was flip flopping. As for surrounding jurisdictions, they were for it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

So are you saying that Lucas is the ONLY member of the senate that understands public finance? That every other senator isn't capable of reading the bill, asking questions, digging into the details and making an informed decision on their own? That she, and only she, has the knowledge and experience to vote this bill up or down? She should have let it come to a vote, that's why the state elects 40 senators, not one.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

So are you saying that Lucas is the ONLY member of the senate that understands public finance? That every other senator isn't capable of reading the bill, asking questions, digging into the details and making an informed decision on their own? That she, and only she, has the knowledge and experience to vote this bill up or down? She should have let it come to a vote, that's why the state elects 40 senators, not one.

I'm saying most people (including you) make statements that are clear they don't understand what is being proposed, what terms mean. I absolutely think those people (like you) didn't do any research into what the financing ACTUALLY means. Maybe they don't really care, maybe they don't have the time to do a little research, maybe they're stupid, maybe they're indifferent, I don't know. But that is why there is an appropriations committee, that's the point. It is the chairperson's job to understand the nuts and bolts (even though it should be each and every GA members' jobs to fully understand what they're voting on). Bills don't automatically go to the floor, they go via committee.

Lucas was clear: the full faith and credit of Virginia was a no go. That's how the system works. She is the chair. She made no secret of this concern. Did Youngkin or Leonsis offer alternatives? No. There is another Wapo article about this today. Don't like the system, then run for office. Also, have you bothered to even google full faith and credit?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

So are you saying that Lucas is the ONLY member of the senate that understands public finance? That every other senator isn't capable of reading the bill, asking questions, digging into the details and making an informed decision on their own? That she, and only she, has the knowledge and experience to vote this bill up or down? She should have let it come to a vote, that's why the state elects 40 senators, not one.

I'm saying most people (including you) make statements that are clear they don't understand what is being proposed, what terms mean. I absolutely think those people (like you) didn't do any research into what the financing ACTUALLY means. Maybe they don't really care, maybe they don't have the time to do a little research, maybe they're stupid, maybe they're indifferent, I don't know. But that is why there is an appropriations committee, that's the point. It is the chairperson's job to understand the nuts and bolts (even though it should be each and every GA members' jobs to fully understand what they're voting on). Bills don't automatically go to the floor, they go via committee.

Lucas was clear: the full faith and credit of Virginia was a no go. That's how the system works. She is the chair. She made no secret of this concern. Did Youngkin or Leonsis offer alternatives? No. There is another Wapo article about this today. Don't like the system, then run for office. Also, have you bothered to even google full faith and credit?

You mean this article? https://www.washingtonpost.com/dc-md-va/2024/03/10/virginia-arena-leonsis-lucas-youngkin/

Where it seems to be pretty clear that the main reason she's opposing it is because not enough people talked to her in advance? Didn't show her the proper respect that she requires? That her feelings are hurt? Sure, that's a good reason to oppose a financial deal, one woman's feelings.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

So are you saying that Lucas is the ONLY member of the senate that understands public finance? That every other senator isn't capable of reading the bill, asking questions, digging into the details and making an informed decision on their own? That she, and only she, has the knowledge and experience to vote this bill up or down? She should have let it come to a vote, that's why the state elects 40 senators, not one.

I'm saying most people (including you) make statements that are clear they don't understand what is being proposed, what terms mean. I absolutely think those people (like you) didn't do any research into what the financing ACTUALLY means. Maybe they don't really care, maybe they don't have the time to do a little research, maybe they're stupid, maybe they're indifferent, I don't know. But that is why there is an appropriations committee, that's the point. It is the chairperson's job to understand the nuts and bolts (even though it should be each and every GA members' jobs to fully understand what they're voting on). Bills don't automatically go to the floor, they go via committee.

Lucas was clear: the full faith and credit of Virginia was a no go. That's how the system works. She is the chair. She made no secret of this concern. Did Youngkin or Leonsis offer alternatives? No. There is another Wapo article about this today. Don't like the system, then run for office. Also, have you bothered to even google full faith and credit?

You mean this article? https://www.washingtonpost.com/dc-md-va/2024/03/10/virginia-arena-leonsis-lucas-youngkin/

Where it seems to be pretty clear that the main reason she's opposing it is because not enough people talked to her in advance? Didn't show her the proper respect that she requires? That her feelings are hurt? Sure, that's a good reason to oppose a financial deal, one woman's feelings.

So no, you haven't bothered to even do some research to understand how the financing works. You are part of the problem.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

So are you saying that Lucas is the ONLY member of the senate that understands public finance? That every other senator isn't capable of reading the bill, asking questions, digging into the details and making an informed decision on their own? That she, and only she, has the knowledge and experience to vote this bill up or down? She should have let it come to a vote, that's why the state elects 40 senators, not one.

I'm saying most people (including you) make statements that are clear they don't understand what is being proposed, what terms mean. I absolutely think those people (like you) didn't do any research into what the financing ACTUALLY means. Maybe they don't really care, maybe they don't have the time to do a little research, maybe they're stupid, maybe they're indifferent, I don't know. But that is why there is an appropriations committee, that's the point. It is the chairperson's job to understand the nuts and bolts (even though it should be each and every GA members' jobs to fully understand what they're voting on). Bills don't automatically go to the floor, they go via committee.

Lucas was clear: the full faith and credit of Virginia was a no go. That's how the system works. She is the chair. She made no secret of this concern. Did Youngkin or Leonsis offer alternatives? No. There is another Wapo article about this today. Don't like the system, then run for office. Also, have you bothered to even google full faith and credit?

You mean this article? https://www.washingtonpost.com/dc-md-va/2024/03/10/virginia-arena-leonsis-lucas-youngkin/

Where it seems to be pretty clear that the main reason she's opposing it is because not enough people talked to her in advance? Didn't show her the proper respect that she requires? That her feelings are hurt? Sure, that's a good reason to oppose a financial deal, one woman's feelings.

Yes. One smart, experienced woman understood that ALL VIRGINIA TAXPAYERS would be on the hook for this likely failure.

I, for one, am tired of having my standard of living reduced by dumb male billionaires.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

This is rich. This poster comes off all haughty and preachy on the mechanisms of public finance, yet fails to understand themselves that this is a fundamentally a political fight between two political enemies, and that Lucas used torpedoing the arena bill as a weapon against her nemesis.

I think the poster above needs a few lessons on politics.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

This is rich. This poster comes off all haughty and preachy on the mechanisms of public finance, yet fails to understand themselves that this is a fundamentally a political fight between two political enemies, and that Lucas used torpedoing the arena bill as a weapon against her nemesis.

I think the poster above needs a few lessons on politics.

Public Finance attorney here. SMH. Public finance directly involves legislative approvals (on municipal, state and sometimes federal level) so I’m good as far as lesson on politics are concerned. The more you post your nonsense the dumber you sound.

You just don’t understand the deal and don’t care enough to learn. That’s obvious. Own it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

So are you saying that Lucas is the ONLY member of the senate that understands public finance? That every other senator isn't capable of reading the bill, asking questions, digging into the details and making an informed decision on their own? That she, and only she, has the knowledge and experience to vote this bill up or down? She should have let it come to a vote, that's why the state elects 40 senators, not one.

I'm saying most people (including you) make statements that are clear they don't understand what is being proposed, what terms mean. I absolutely think those people (like you) didn't do any research into what the financing ACTUALLY means. Maybe they don't really care, maybe they don't have the time to do a little research, maybe they're stupid, maybe they're indifferent, I don't know. But that is why there is an appropriations committee, that's the point. It is the chairperson's job to understand the nuts and bolts (even though it should be each and every GA members' jobs to fully understand what they're voting on). Bills don't automatically go to the floor, they go via committee.

Lucas was clear: the full faith and credit of Virginia was a no go. That's how the system works. She is the chair. She made no secret of this concern. Did Youngkin or Leonsis offer alternatives? No. There is another Wapo article about this today. Don't like the system, then run for office. Also, have you bothered to even google full faith and credit?

You mean this article? https://www.washingtonpost.com/dc-md-va/2024/03/10/virginia-arena-leonsis-lucas-youngkin/

Where it seems to be pretty clear that the main reason she's opposing it is because not enough people talked to her in advance? Didn't show her the proper respect that she requires? That her feelings are hurt? Sure, that's a good reason to oppose a financial deal, one woman's feelings.

If you want to be hyperbolic and literal, then sure, not enough people talked to her in advance. If you want to take it from a slightly different perspective, no one talked to her about the specifics of the deal and potential liability to Virginia taxpayers, so in the interest of caution, she opposed the proposal. If and when the Governor and Mr. Leonsis want to actually sit down with her and go through EXACTLY what the projections are, what metrics need to be met, how the arena expects to get people into and out of the area such that access won't materially impact attendance, which that and concessions are two of the metrics to satisfy the bond obligation, then I am guessing she would be happy to entertain the proposal, but in a vacuum, it isn't copacetic to play footloose and fancy free with the full faith and credit of the Commonwealth.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

Finally a post that has a brain cells. Thank you

[Anonymous]

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Anonymous wrote:So, is this deal dead or "fake" dead?

I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!".

I am therefore skeptical that it is truly dead.

Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.

I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026.

That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.

This really doesn't have anything to do with party lines.

My Republican neighbors (Alexandria) do not want/support the arena.

Alexandria's mayor and city council are All Democrats, and generally support the arena.

It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents)

It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media.

You forget that Lucas was the sole member who stopped the bill after it sailed through the House.

You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE.

This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance.

So are you saying that Lucas is the ONLY member of the senate that understands public finance? That every other senator isn't capable of reading the bill, asking questions, digging into the details and making an informed decision on their own? That she, and only she, has the knowledge and experience to vote this bill up or down? She should have let it come to a vote, that's why the state elects 40 senators, not one.

I'm saying most people (including you) make statements that are clear they don't understand what is being proposed, what terms mean. I absolutely think those people (like you) didn't do any research into what the financing ACTUALLY means. Maybe they don't really care, maybe they don't have the time to do a little research, maybe they're stupid, maybe they're indifferent, I don't know. But that is why there is an appropriations committee, that's the point. It is the chairperson's job to understand the nuts and bolts (even though it should be each and every GA members' jobs to fully understand what they're voting on). Bills don't automatically go to the floor, they go via committee.

Lucas was clear: the full faith and credit of Virginia was a no go. That's how the system works. She is the chair. She made no secret of this concern. Did Youngkin or Leonsis offer alternatives? No. There is another Wapo article about this today. Don't like the system, then run for office. Also, have you bothered to even google full faith and credit?

You mean this article? https://www.washingtonpost.com/dc-md-va/2024/03/10/virginia-arena-leonsis-lucas-youngkin/

Where it seems to be pretty clear that the main reason she's opposing it is because not enough people talked to her in advance? Didn't show her the proper respect that she requires? That her feelings are hurt? Sure, that's a good reason to oppose a financial deal, one woman's feelings.

Yes. One smart, experienced woman understood that ALL VIRGINIA TAXPAYERS would be on the hook for this likely failure.

I, for one, am tired of having my standard of living reduced by dumb male billionaires.

And the bill that would benefit her dispensary failed to get out of the house.

https://www.wric.com/news/politics/capitol-connection/bill-to-allow-retail-marijuana-sales-in-virginia-by-2024-fails/

https://www.marijuanamoment.net/top-virginia-senator-wants-legal-marijuana-sales-in-exchange-for-approving-sports-stadium-favored-by-governor/

[Anonymous]

Why would anyone be shocked that politicians today are sticking the bill for this stadium on the citizens 5-10 years down the road?

Republicans love this deal because it benefits a big Republican donor (the virtuous graft network between big business & GOP politicians). Further, when Democrats are forced to hike taxes, it gives the GOP electoral ammunition against Dems.