Mineesota Report
This is our opinion and go ahead and sue us. Jim Cockerall, through Madison Equities and screwed St Paul. He through and through, with the acquisitions of properties such as the Lowery Building, the building which housed the Hat Trick bar, the building where World of Beer was located, and Park Square Plaza, are now all vacant. His operation, played the role as a bottom feeder and utilized a poverty based system started by Norm Coleman (R), Tax Increment Financing (TIF) when the Capitol City had a robust downtown, which at the time, performed even better than Minneapolis. Now, this wrongly headed system is sucking the life out of the downtown of St Paul and benefiting only an affluent at the expense of all of the other property taxpayers to the tune of 40% of the tax base.
St Paul is dying and nearly dead and it is something being managed by an inadequate person, in the case of Melvin Carter III (DFL). He’s out of his league. Sure, he is a good cheerleader, but poor leader. Many believe he is only seeking a rung up the political ladder.
If he is so good, why is a former staffer, and political aide, Kaohly Her (DFL), challenging him? Is this just a set-up? Is this just inside baseball, are we being played?
Well, we’ll see once it all plays out. Watch and see.