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It was Nobel laureate economist Milton Friedman who made famous the adage, "There's no such thing as a free lunch." Professor Friedman could have added that there is a difference between something's being free and something's having a zero price. For example, people say that there's free public education and there are free libraries, but public education and libraries cost money. Proof that they have costs is the fact that somebody has to have less of something by giving up tax money so that schools and libraries can be produced and operated. A much more accurate statement is that we have zero-price public education and libraries.

Costs can be concealed but not eliminated. If people ignore costs and look only to benefits, they will do darn near anything, because everything has a benefit. Politicians love the fact that costs can easily be concealed. The call for import restrictions, in the name of saving jobs, is politically popular in some quarters. But few talk about the costs. We know there are costs because nothing is free.

Let's start with a hypothetical example of tariff costs. Suppose a U.S. clothing manufacturer wants to sell a suit for $200. He is prevented from doing so because customers can purchase a nearly identical suit produced by a foreign manufacturer for $150. But suppose the clothing manufacturer can get Congress to impose a $60 tariff on foreign suits in the name of leveling the playing field and fair trade. What happens to his chances of being able to sell his suit for $200? If you answered that his chances increase, go to the head of the class. Next question is: Who bears the burden of the tariff? If you answered that it's customers who must pay $50 more for a suit, you're right again.

In his 2012 State of the Union address, President Barack Obama boasted that "over 1,000 Americans are working today because we stopped a surge in Chinese tires." According to a study done by the Peterson Institute for International Economics (http://tinyurl.com/jdtbktu), those trade restrictions forced Americans to pay $1.1 billion in higher prices for tires. So though 1,200 jobs were saved in the U.S. tire industry, the cost per job saved was at least $900,000 in that year. According to the Bureau of Labor Statistics, the average annual salary of tire builders in 2011 was $40,070.

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To say it's speculative at this point might be an understatement, but it sounds like Dragonman would like to make it happen.

This is from a February 18 post on the Dragonman Facebook page.

"Dragonman's Drag Strip UPDATE:
I got a very important phone call yesterday that the owners of this property would finally like to sell it. They are working out a price and how many acres I would like/need. It has to be sub-divided from hundreds of connecting acres. That is the first hurdle, the second hurdle will be agreeing on a price and the third hurdle will be getting it all rebuilt and restored!! This is the old drag strip and oval track that closed around 1986!

I walked out there yesterday, from Hwy. 94 a mile and a half each way, after the phone call and took these photos! As you can see the whole thing has to be ripped up and redone! The most important thing about this Drag Strip is it is still zoned for a drag strip/race track. As Colorado Springs is building up very fast, nobody would really approve a drag strip close to their homes. So the fact that it is already zoned is very important and crucial to the development! This is the only thing that Colorado Springs is really missing! I am trying my best to make this happen! Wish me luck because I know you guys really want this!!±"

Good luck! For more information about Dragonman visit http://www.dragonmans.com/ or the Dragonmans FB page.

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Press Release


Griffis/Blessing has been selected by TP Gold Hill, LLC to manage the Gold Hill Shopping Center in Woodland Park, CO. The 72,227 square foot retail center, located at 741-799 Gold Hill Place South, is home to fifteen tenants and is anchored by City Market and Wendy’s.

Rita Dugan, Property Manager, and Elizabeth Miller, Portfolio Assistant, will oversee the day-to-day operations with the assistance of Cindy Colby, Property Accountant. NAI Highland is handling the leasing for the property.
 
“The opportunity to manage this shopping center for a new owner out of Utah is very exciting as it expands our management footprint in Woodland Park. Our quality customer service and expertise in the management of retail shopping centers along the Front Rage were key factors in being selected to manage this property.” says Senior Vice President, Richard K. Davidson, CPM®. “With this new addition, we now manage over 990,000 square feet of retail space.”
 
Headquartered in Colorado Springs, CO with an additional office in Denver, Griffis/Blessing, Inc. is Southern Colorado’s largest property manager of commercial and multifamily properties. Griffis/Blessing, Inc currently manages over 4 million square feet of commercial space, and more than 9,300 apartment units along the Front Range. The company has been providing award-winning property management and real estate investment services since 1985. For more information, visit www.griffisblessing.com.

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Ground has been broken on what workers tell us will be a new Dunkin' Donuts at The Markets at Mesa Ridge in Fountain.

The site is next to the Lowes and behind Chase Bank at Fountain Mesa Road and Mesa Ridge Parkway.

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Press Release (BlakelyCompany.com)

Presenting sponsor Raytheon and the Boys & Girls Club of the Pikes Peak Region will host the 49th annual Youth of the Year awards dinner at 6 p.m., Friday, Feb. 24, at The Broadmoor, Rocky Mountain Ballroom in Broadmoor West, 1 Lake Ave.

The evening will include celebration of the accomplishments of the Club’s hard-working teen members.

A panel of judges will select one Youth of the Year from four local youth. Some of the criteria for nomination include:

· Embodying the values of leadership and service; academic excellence; and healthy lifestyles.

· Participated in a year-round recognition program, serving as a role model for other young people in the Club and as a representative to the community.

The winner will compete in Denver against 16 other youth from around the state. The state Youth of the Year goes on to a regional competition of six, and the winner at the regional event moves on to compete for the 2017 National Youth of the Year title. The national winner will visit the White House, meet the President of the United States, receive a new car, and most importantly receive more than $100,000 in scholarship earnings for college.

Evander Holyfield, five-time world champion, will be the keynote speaker. As a child, Holyfield took boxing lessons at the Boys & Girls Club of Atlanta and attributes much of his success to early encouragement in his life.

Abbie Burke, evening anchor/reporter for Fox 21 News, will be the master of ceremonies.

“We are thrilled to be able to honor the exceptional teens who are members of the Boys & Girls Club of the Pikes Peak Region,” said CEO and President James Sullivan. “They enrich our community in so many ways – and they are an inspiration to all of us here at the Club.”

YOUTH OF THE YEAR NOMINEES
· Brent Knight, freshman at James Irwin Charter High School
· Marissa Mitchell, freshman at James Irwin
· Dave Robinson II, sophomore at James Irwin
· Rebecca Starnes, sophomore at Coronado High School