|
|
 |
|
#121
05-23-2010, 10:44 PM
|
|||
|
|||
Jean Georges.
__________________
Just more nebulous nonsense from BBB 
|
|
#123
05-23-2010, 10:53 PM
|
|||
|
|||
|
Quote:
That was an odd ride. I wonder if she just took off on him. He doesn't ride like that.
__________________
Just more nebulous nonsense from BBB
|
|
#124
05-23-2010, 10:53 PM
|
||||
|
||||
|
Quote:
Oh yeah, and actually get paid for the product that they put on in New York.
|
|
#127
05-24-2010, 02:34 PM
|
||||
|
||||
|
Paterson proposes $25M loan to NYRA
By Matt Hegarty New York Gov. David Paterson has proposed legislation that would allow the New York Racing Association to borrow $25 million from a line of credit that is being offered to fund construction of a casino at the association's Aqueduct racetrack, according to the governor's office. The proposal would shore up NYRA's financial position amid contentions by the association that it is in danger of running out of cash this summer. Last week, NYRA sent out notices to its 1,400 employees informing them that it was considering closing its tracks on June 9 due to the cash squeeze. Paterson's proposal would allow NYRA to use $25 million of a $250 million loan that the state has already guaranteed to fund the construction of the Aqueduct casino "for services and expenses" at NYRA's three tracks, according to a memo prepared for the legislation by Paterson's office. NYRA would be required to pay the loan back by March 31, 2011, or within 30 days of the state signing an agreement with the operator of the casino. If the loan is not repaid by March 31, the memo says, then the state's lottery would be required to pay the money back to the state using proceeds that NYRA has been promised from the casino's operating revenues. NYRA and its horsemen will receive approximately 13 percent of the casino's net revenues once it is up and running. According to the memo, the loan would be advanced to NYRA once the legislation is passed.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
|
|
#128
05-24-2010, 03:56 PM
|
||||
|
||||
|
Quote:
|
|
#129
05-24-2010, 10:05 PM
|
||||
|
||||
|
Legislature approves advance..
Now they can turn their attention to the $17 million (to NYRA) and $3 million (to NY breeders) that the NYC OTB scum are holding hostage.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
|
|
#130
05-24-2010, 10:11 PM
|
||||
|
||||
|
__________________
I l  Cigar, Medaglia d'Oro, Big Brown, Curlin, Rachel Alexandra, Silver Charm, First Samurai, Sumwonlovesyou, Lloydobler, Ausable Chasm, AND Prince Will I Am "Be daring, be different, be impractical, be anything that will assert integrity of purpose and imaginative vision against the play-it-safers, the creatures of the commonplace, the slaves of the ordinary.” Cecil Beaton
|
|
#131
05-25-2010, 10:31 AM
|
||||
|
||||
|
Finalized this morning...
State lawmakers approve NYRA loan By Matt Hegarty The New York legislature approved a $25 million loan to the New York Racing Association as part of an emergency budget appropriation late on Tuesday, according to Morgan Hook, a spokesman for Gov. David Paterson.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
|
|
#132
05-25-2010, 12:57 PM
|
||||
|
||||
|
Quote:
It seems to me that now would be a pretty good time for NYRA to push to merge NYCOTB into NYRA's operations as they may actually get Patterson to push to do the right thing here. If the media jumps on board and exposes the bloated patronage machine that NYCOTB is, combined with the fact that Frucher has burned his bridges in Albany, it would seem like it is possible it could get done.
|
|
#133
05-25-2010, 01:00 PM
|
||||
|
||||
|
Quote:
Might as well merge the entire OTB network into NYRA, or alternatively give Western OTB to Finger Lakes and the rest to NYRA.
__________________
please use generalizations and non-truths when arguing your side, thank you
|
|
#134
05-25-2010, 01:07 PM
|
|||
|
|||
|
Quote:
|
|
#135
05-25-2010, 01:23 PM
|
||||
|
||||
|
Quote:
Quote:
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
|
|
#136
05-25-2010, 01:29 PM
|
|||
|
|||
|
Quote:
|
|
#137
05-25-2010, 03:00 PM
|
||||
|
||||
|
Quote:
That being said, with the mess that Frucher has created NYCOTB will probably never be more ripe for the opportunity to merge into the racetracks. Considering that the other regional OTB's are also crying they are paying too much to the tracks, it would be nice to see this BS backfire and for the legislature to eliminate all of them, cut out the middleman, apportion the business amongst the state's tracks and reduce the takeout as well on off track wagers (which likely would even lead to more handle and more profit to the tracks). I can't see why NYRA and the other tracks could not assume the union contracts and then be subject to negotiating them when they expire which would then have no affect on the unions with regard to a merger, effectively neutralizing them. More of an obstacle in my lay opinion (and I only am a layperson making suggestions based upon common sense) is the patronage issue, even if the unions are so far up the Democrats azzes with their contributions such that the legislators bow to their unreasonable wishes. If the media really exposed the patronage problem it could force the legislators to eliminate it while having the benefit of giving the tracks the ability to sustain themselves and stop or severely reduce the drain the industry would put on the State. While this makes too much sense, such things are only fantasies when they would severely hurt contributions to corrupt politicians. Since Patterson has nothing to lose, he might relish in eliminating the patronage to those who turned on him, but I realize that I am dreaming.
|
|
#138
05-26-2010, 12:49 PM
|
|||
|
|||
|
Q&A with New York City OTB chairman Frucher
|
|
#139
05-26-2010, 12:55 PM
|
||||
|
||||
|
Quote:
Reports if anybody is interested in reading it (VERY dry and boring, of course, but some salient points made)
__________________
please use generalizations and non-truths when arguing your side, thank you
|
Linear Mode
