NYRA - The Bailout Check is in the mail

This is unreal. The tax payers (at all levels) are bailing out the NYRA once again. The figure this time is $19mm. The NYRA is like a little kid that keeps begging his parents for money. I think they should be embarrassed and ashamed that they cannot stand on their own two feet. How in the world do they keep blowing their money. I swear they must have the most inept people running the NYRA.

The beauty in all of this is that the NYRA "condemns" the deal. The NYRA doesnt like "conditions" the state put on the money. The conditions are that the NYRA doesnt file for bankruptcy protection within the next 6 months and all the money isnt provided up front. It is going to be paid in 3 installments over the next 2 months.

Ok this is hilarious. You ask for money but you dont want the money to come with any conditions. You know, beggers cannot be choosers. What a bunch of clowns.

One board member went as far as saying that they $19mm wont be enough and that they will need more money in 30 days--WHAT!!!!! Freaking Unreal.