Monday: SitRep

City Council today, owing to the holiday, will hold a legislative meeting followed quickly by a standing committee meeting, and then conceivably back again to full legislative session. That means that new proposals might be decided upon both preliminarily and finally today, without the customary interludes.

Various frameworks for addressing the fast-approaching state pensions deadline on January 1, will arise for particularly thorough deliberation and determination.

Our friends at Infinonymous have been reporting that a fourth Councillor is at least privately now supporting a business accord with the LAZ / JPMorgan outfit -- and is hard at work attempting to recruit what would be a fifth and deciding vote. I can't say how true that is. The whole notion could be a ruse by implacable opponents of all things lease, to exhume its asphyxiated corpse only so that it might again be dragged around the walls of Troy, and then cast upon a roaring funerary fire. Or else everything could turn on a dime in its favor. We just don't know.

No matter what, the field of possible universes should be greatly winnowed by the six o'clock news, and not just by a factor of one. The arguments delivered today, prior to a long Thanksgiving's reflection, will be etched into our collective memory and subject to repeated reinterpretation. Watch live at this link or on Comcast City Channel 13 -- and stay tuned for liveblogging most likely.

And now. Just so there'll be no misunderstandings later. The Comet has seen a lot of history, gone through a lot of battles. This will be her last. She will not fail us if we do not fail her. If we succeed in our mission the Comet will help bring us home, to a position of enduring financial viability and even flexibility. If we don't -- it doesn't matter anyway.

Action stations!