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#1
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#2
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![]() I have no problem with the Not-for-Profit vs. for-profit argument and am sure with more knowledge one could easily argue both sides. Certainly the Government involvement that has come with this Not-for-Profit model, along with former administrations, has not necessarily served NYRA particularly well in the past. It has not, however, prevented them from running the most successful year round racing enterprise in the country and that fact should not be lost. In this specific instance I have a great deal of confidence in the current NYRA management team going forward. That is not to suggest, however, that another group could not also do well, with a for-profit model, but in this particular instance I have seen nothing to give me any confidence in the other bidders. From what I have seen, one of these groups would certainly be a poor choice while another has not shown its hand in any way. So, in this particular circumstance I would be more comfortable with the administration of NYRA, but I have no problem with the general argument.
The problem in this thread is a lot of slanderous and untrue allegations were being thrown around by a foolish instigator, with little to no understanding of the situation. The intelligent argument about the future of the franchise, and for-profit vs. not-for-profit, is a much more interesting and enlightened argument that I welcome. |
#3
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![]() If keeping it in the hands of the NYRA means I'll only have to pay $3 admission and can bring in a cooler full of any food and drink I want then I am all for the NYRA.
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#4
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Teachers----I do not think teachers are under paid at all. People choose to be a teacher. You actually have to go to college and get a Masters. You know the pay going in so it is your choice to make that pay. They work about the same amount of hours as a person who is not a teacher that works a 40 hour a week job in a years time. The benefits, the retirement and the age of retirement are all very attractive. I believe in Indiana you can retire by using a formula--something like years of experience plus age and if that number is 52 or 58 you can retire. What many teachers do in Southern Indiana is to retire from Kentucky and then move over to Indiana to teach and then they pull down 2 retirements. Now find me a job where you can retire at the age of 55 and receive full pension and benefits. |
#5
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![]() Euro,
if you think teachers will be able to hold on to health benefits and pension by the time I'm 55 I have a bridge to sell you. It won't be there....I have no problem with you saying that teachers know the pay going in. Very fair and I really don't complain about. I'm much more angry when they say teachers are overpaid. Last I looked I got about a 3% raise last year. The cost of living in New Jersey went up by 3.5%. Do the math, I am losing each year, not gaining....I can't think of another job where people say you "should get paid this or that." I don't go to a doctor's office or a mechanic and tell them what I think they are worth. I think the issue is that everyone went to school and everyone thinks they could do the job....You should realize, however, if you have kids or want kids that schools are about as important as it gets. And if you do, you'd also realize that without changes to the pay scale, the teacher pool and moreover the quality of the teachers will continue to diminish. If that's what you want for your kids then that's fine. It's not what I want. Last edited by randallscott35 : 10-26-2006 at 05:49 PM. |
#6
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#7
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![]() There seems to be a major disconnect going on here. NY Racing, aside from the obvious jobs it provides in NY State, also contributes enormous revenue to the State. This is undeniable and should be obvious. The money needed for the " bailout " is a LOAN, something that is done by the State in many situations, and will be paid back.
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#8
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#10
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#11
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![]() I don't have a dog in this specific fight, but I race horses in NY so I do have a vested interest.
I think many people tend to look at the present situation -- and then often collapse the present situation with blame. I am not inferring that the present is an inherited situation. I am also not saying NYRA is an "angel" and has never done anything wrong; nor am I saying that everything is their fault. However, everything we see today is not due to NYRA, corruption, management, etc. What we see today, in my opinion, is an accumulation of numerous aspects -- not only of NYRA, management, etc. -- but of the industry in general. The business model in NY, NY racing as a business and as a sport, has been broken for years. I didn't see any bidders hanging around and pushing for the franchise until the VLT legislation got passed. They didn't start pushing until the VLT deal was made. (I think we can all agree that is the VLT's were not approved -- nobody would be pushing, bidding, etc. on the franchise unless the land was up for grabs as well; or perhaps OTB). Now, in my opinion, this is reflective of a bigger issue -- alternative revenue source(s) being available to fund the racing business. Keeneland gets a tremendous amount of money, revenue, directly from the sales company. Alternative revenue sources are very often an ancillary, then becoming a primary solution to a present problem -- a problem where a business model is broken. Now that doesn't mean that VLT's are the solution to the racing industry because we know it is not. VLT money will find its way into purse accounts, but we know the trickle-down, trickle-over, etc. effect will not happen. VLT players do not become fans nor do they become visitors to the windows -- not to any significant degree. What will still hurt is that the tax rate (for the VLT dollars) in NY is extremely high. You want to argue about non-profit vs. for-profit? Here is what most people do not understand -- non-profit is a tax status, not a management style. What about Woodbine? What does their business model look like? A partnership between the government and the track, and it has proven successful. It has had a very positive impact on purses. What has it done for pure racetrack attendance, handle, etc.? This is very dangerous -- so at Finger Lakes management decides to invest $4m or so into the VLT side of the facility and goes against getting a turf course. Management said it was a "business" decision, a ROR/ROI decision, etc. But Woodbine has put money into the racetrack side of the facility. This business and this sport -- not only in NY, but all over -- needs to reinvent itself. Not drastic change that completely changes the business and sport, but change the mindset and management style of running a track as a business and running a business in and around this sport. Eric |
#12
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