Good morning, everyone.
Before we get into it, a reminder to join us tonight at Lucky's 3 Star Bar for our weekly Bar Hours forum. We'll be there starting at 6.
In Tuesday's newsletter, we brought up a rarely discussed aspect of Biden's agenda called the 30x30 Plan. In short, the goal of the program, since renamed the American the Beautiful Initiative to downplay its self-assertion, is to reclaim 30% of America's land and waterways by 2030. At present, only 12% of America's land is under protection.
Most of America's unprotected land lies in the hands of private landholders or businesses, so it's clear that this is the target demographic. Be it a farmer looking to offset costs or a land developer that fell on the wrong side of a deal, protectorates offer landholders the ability to generate yield without development or giving up their land rights. Theoretically.
As if on cue, a perfect example of the dangers posed by putting your land under a protectorate and the danger posed by conservancy groups to private property rights came to us by way of a Tennessee Lookout report involving a dispute between a host of conservation groups, the Williamson County Planning Commission, and the heirs to a piece of property along the Natchez Trace.
There are aesthetic concerns one could discuss regarding 1-acre McMansion lots along one of the state's more picturesque byways, but these are not the means by which the heirs are prevented from doing as they wish with the land. A coalition of conservancy groups is arguing and pushing to put the land — which, again, is privately held — under a number of different easements and protectorates under the guise of everything from protecting the critters along the Harpeth River to preserving desirable archeological features to honoring land once inhabited by Indians despite there being no evidence of graves or artifacts on the property.
The report is worth a read in tandem with our own notes on Biden's initiative:
- Tennessee Lookout: Land use dispute pits prominent Nashville family against conservation group (Read)
- The Pamphleteer: The Biden administration's efforts to conserve America's land and waterways are not what they seem (Read)
Today, we look at more numbers and discussion around the new Titans stadium, preview what's to come for the pie-in-the-sky electric vehicle industry, review some gun numbers, and look at a graph.
Thanks for reading.
Valerie Malfy issues her latest dispatch from her favorite Nashville haunts. This week, she's seeking out Nashville's best patio drinks — the ones that would do as equally well at a tiki bar in Hawaii as on a hot summer day in Tennessee.
OTHERS YOU MIGHT LIKE
- Nashville's Best Old Fashioneds (Read)
- Best Springtime Drives (Read)
- Nashville’s Top 5 Most Pristine Parks (Read)
❍ A LESSON IN STADIUM POLITICS
Tennesseans are having an averse reaction to the new Titans stadium proposals and Republican infighting has intensified. Conversations have been contemptuous when hearing from constituents during the General Assembly, on the floor during Metro Council meetings, and in statements made by Representatives. Tennesseans and Tennessee lawmakers are weary of taxpayers holding the bag when it comes to the Governor’s $500M bond proposal and new tax increases for hotels that are intended to get the ball rolling on a new, covered Titans stadium.
Though many agree that a covered stadium would add value to the state — including the possibility of a future Nashville Super Bowl — the momentum of the stadium budget proposals has left Tennesseans confused and suspicious. Originating with Mayor Cooper, now backed with a budget proposal from the Governor’s office, the stadium is a topic of contempt among Nashvillians and Tennesseans who are looking down the barrel of inflation and feel as though leadership is holding taxpayers hostage.
The Pamphleteer crunched the numbers in regards to the stadium and questioned who would be left footing the bill. Some economists have disagreed with the stadium’s economic impact report released by the state claiming a $29.5B economic impact over 30 years. When taking a closer look at the taxes imposed by the stadium build, outside economists estimate the 30-year economic impact underestimates the negative impact of the $414.8M increase in sales tax that will be collected from the surrounding areas over the next 30 years and the 1% hotel tax increase passed by the House. The tax burden could lead to less overall revenue and business in Nashville outside of large stadium events which adds insult to injury when looking at the estimated stadium build cost that sits between $1.9B and $2.2B.
Senate Majority Leader Sen. Jack Johnson, R-Franklin led the charge in the Senate's action of removing the $500M bond proposed by the Governor’s office from the state budget, but the House committee left the bond attached. This matter is expected to be heard in today’s House Floor Session.
- Land use dispute pits prominent Nashville family against conservation group (Lookout) Before Alice Hooker died in 2019, she placed the property–189 acres of tree-lined hillside along the Harpeth river–in a restrictive covenant to discourage high-density development.
- Metro seeks state permission to remove Confederate memorial from Centennial Park (Main Street) Metro officials will submit a petition to the State Historical Commission seeking permission to remove a statue in Centennial Park erected in 1909 to honor “the heroism of the Private Confederate Soldier.”'
- Effort to remove Confederate flag from Williamson County goes before Tennessee Historical Commission (Homepage) The county’s petition seeks to determine whether its proposed action to alter the seal is subject to the Tennessee Heritage Protection Act.
- Abortion Influence Education Bill Passes TN Legislature (TCN) A bill that would ban schools from having any dealings with those who provide or fund abortion services has passed in both the Tennessee House and Senate.
- House And Senate Pass Bill To Regulate Homeless Encampments On Public Property (TCN) Legislation that would make camping on Tennessee public property a misdemeanor offense has passed both the House and the Senate.
- NRA opposes bill requiring more campaign spending disclosures (TNJ) The National Rifle Association is speaking out against an effort to require dark money groups to disclose their campaign spending in Tennessee. The
- TN House Passes Bill To Reinstate SNAP Benefits Work Requirement (TCN) Tennessee Representatives passed a bill that would reinstate a work requirement for most individuals receiving temporary government assistance.
- Nashville Record Pressing investing $13.3 million in new Davidson County HQ and manufacturing operations (Main Street)
- Chicago developer pays $5M for Gulch property (Post)
- Underground Cocktail Club to Open in Printers Alley (Scene)
- New Renderings & Construction Progress At PieTown Condos In Nashville (Now Next)
- Ballpark-area building sells for $38.35M (Post)
- Turnip Truck set for Midtown location (Post)
☁ ELECTRIC CARS IN THE SKY
A report from the WSJ in conversation with RJ Scaringe, the CEO of electric automaker Rivian, when talking about material shortages effects on battery production reveals:
“Put very simply, all the world’s cell production combined represents well under 10% of what we will need in 10 years,” Mr. Scaringe said last week, while giving reporters a tour of the company’s plant in Normal, Ill. “Meaning, 90% to 95% of the supply chain does not exist,” he added.
The challenges of an all-electric future are rarely brought up in DC when policymakers tout the objective moral good associated with such vehicles. We must also remember that the other electric vehicle CEO, Elon Musk, stated that in order to meet anticipated energy demand from electrifying more and more cars, we'd need to double our energy production. Something that neither wind nor solar will enable short of turning the entire state of Wyoming into a solar and wind farm.
✱ STUDY SAYS... GUN PERMITS AND BURGLARIES
In December 2008, the Memphis Commercial Appeal published a publicly searchable database that showed the names, zip codes, and ages of all Memphis permit holders. A couple of researchers out of Carnegie Mellon University in Pittsburgh compared this data to burglaries in Memphis over the time period the database was available and discovered an increased number of burglaries in areas with fewer gun permits and a decrease in areas with more gun permits.
Source: Guns, Privacy, and Crime
NBER, April 2022, Read Online
➫ GRAPH OF THE DAY: UKRAINIAN AID
⚔ MISSIVES ⚔
- 🔥 The US is prepping another $800 million military assistance package for Ukraine, according to three senior administration officials and two sources familiar with the planning.
- ㍐ Israel's central bank will add Chinese yuan while slashing its dollar and euro holdings in a move to diversify its reserve allocations and lengthen its investment horizon
- 🇬🇧 Prime Minister Boris Johnson on Thursday announced that some of the migrants and asylum seekers illegally entering Britain would be sent to Rwanda, with “tens of thousands” of people potentially making that journey in the coming years.
- 🇩🇪 Germany announced Wednesday that it plans to end oil imports from Russia by the end of the year and will then begin phasing out Russian gas imports, charting a path to energy independence from Moscow amid its ongoing invasion of Ukraine.
- 🚨 The U.S. Centers for Disease Control and Prevention (CDC) dropped all countries from its top COVID-19 travel advisory warning. As of Monday, the agency’s travel list showed that dozens of countries were dropped from its “Level 4: Special Circumstances/Do Not Travel” category.
- 🏭 The Biden administration is restoring stricter environmental standards for approving new pipelines, highways, power plants and other construction projects, including requiring consideration of how such projects might affect climate change.
- 🪤 The Florida Senate passed a bill that would abolish the taxing district that gives Disney special privileges of self-government in its theme park. Florida’s Republican-led House is likely going to approve the measure and then it would be sent to Governor Ron DeSantis to sign off on the bill that he has openly supported.
THINGS TO DO
You can view our full event calendar here.
🍺 The Pamphleteer hosts Bar Hours every Thursday night at Lucky's 3 Star Bar from 6-8 PM. The first ten guests get drinks on the company tab. Join us to discuss how to shake off the sloth of the modern era and recapture the vitality that made this country great.
🎙 Hannah Juanita is playing two steppin' music every Friday in April at Bobby's Idle Hour.
🎪 Check out our favorite driving distance festivals this summer.
🍀 Live Irish Music @ McNamara’s Irish Pub, 6p, Free, Info
🍻 Pamphleteer Bar Hours @ Lucky's 3 Star Bar, 6p
+ Join The Pamphleteer at Lucky's 3. First 10 people's drinks on us.
🎸 Kelly’s Heroes @ Robert’s Western World, 6:30p, Free, Info
⚾ Sounds vs. knights @ First Horizon, 6:35, $10+, Info
GET ‘EM WHILE YOU CAN
🌊 The Brian Jonestown Massacre (5/5) @ Brooklyn Bowl, 8p, $25, Info
🐷 Primus: a Farewell to Kings tour & Battles (05/09) @ The Ryman, 7:30p, $55+, Info
🥁 Gogol Bordello (5/21) @ Brooklyn Bowl, 8p, $33, Info
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Political Theater Highlight Reel
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Words of Wisdom
“All men make mistakes, but a good man yields when he knows his course is wrong, and repairs the evil. The only crime is pride.”