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Old 02-14-2008, 01:42 PM
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whodey17 whodey17 is offline
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Join Date: Mar 2007
Location: indy
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Quote:
Originally Posted by blackthroatedwind
I know you only post to incite, as even you can't possibly be as stupid and uninformed as your posts indicate, but could you please start posting a warning on your posts that reading them might cause an excessive loss of brain cells.
Not trying to incite anything. I am voicing my opinion. I do not believe in gov't bailouts at all. If this new business model is such a great idea then why not just suspend the payments on the loan? Why do they have to forgive the $120 million. I also do not believe that the NYRA should be a not-for-profit entity. Red Cross, Salvation Army and charaties like those should be the only NFP--not a horse racing industry. I also would like to see the NYRA be more creative in cost cutting measures and money management. Time will tell---but in 5 years I predict they (NYRA) will be out of cash once again.
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