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.
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10-26-2006, 05:37 PM
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