My take on the city council meeting: it's an election year! If you are an elected official, subject to financial disclosure, how do you go on the public record to show that you are not pandering to the biggest investment opportunity to come your municipality's way in years? By puffing out your chest and talking tough while the cameras are on, while delivering a blow that amounts to pretty much nothing (aside from the unforeseen consequence of providing a little misguided fuel to the bashers).

These people aren't dumb. If they want to be re-elected, they need to show that they can't just be bought or influenced (even if they are FITX longs). What better way than on a webcast meeting, archived for posterity?

My bet is that they know that when all is said and done, FITX will get its license and Lakeshore will prosper from its growth, but in the meantime, they want to look like strong, diligent representatives, asking tough questions on behalf of their constituents.

Personally, I'd re-elect them all. They probably own more shares than most of us...

KEEP CALM AND FITX LONG!