This was her reply when I checked at 7 am this morning
It's a block & tackle being used as a tie down. Normally, this would be used for trying to move something such as a boat stuck in the sand but since it is at an angle going up in the air so it looks like it is being used to set something upright or pull an item off of something else.
That is one side of the ferris wheel holding. Now I can post a couple of pics I couldn't last night that would have given it away. The other side is attached to a truck lol will have to get a pic of that.