Does Sgr A* Have an Event Horizon or a Magnetic Moment?

In this work we extend the general relativistic Magnetospheric Eternally Collapsing Object (MECO) model for application to Sgr A*. In a series of papers published within the last few years, it has been shown that the MECO model has been able to account for all of the observational phenomena associated with the galactic black hole candidates (GBHC) and more luminous active galactic nuclei (AGN). For a given mass, the MECO is characterized by only two mass scaled parameters; surface magnetic field strength and rotation rate. Without changing either of these parameters previously found for GBHC and AGN, we demonstrate that the MECO model for Sgr A*: a) satisfies all of the luminosity constraints that have previously been claimed as proof of an event horizon, b) reconciles the low bolometric luminosity of Sgr A* with its expected Bondi accretion rate by means of a magnetic propeller driven outflow, c) accounts for the Sgr A* NIR and X-ray luminosities, the general characteristics of its broad band spectrum, and the temporal sequence of flares in different spectral ranges as well as the pattern of its observed orthogonal radio and NIR polarizations. High resolution radio images of a MECO would be produced in an equatorial OUTFLOW, while high resolution images in NIR wavelengths would be elongated along two INFLOWS into the magnetic poles (apparently generally N-S). These patterns would be distinguishable from black hole RIAF models for which all emissions would arise from an accretion disk. Combination black hole disk-jet models for which the NIR originated in a disk viewed at high inclination would also be distinguished by showing only unidirectional flow.