Albany ups power play; State, Legislature, NYRA announce mgmt. deal

[hud8118]

Please correct me if I am wrong but...

1. The NY State Legislature is the one who wanted (forced) the 1% increase from 25% to 26%. Wasn't NYRA opposed to the 1% increase?

2. One role of the Franchise Oversight Board has been to "monitor and enforce compliance with definitive documents that compromise the franchise agrement" and to "review and make recommendations concerning accounting, internal control systems..." also to "review such franchised corporation's revenue and expenditure policies" also to "review such franchise corporation's compliance with the laws, rules and regulations."

WE ALL KNOW THE LEGISLATURE IS JUST A MONEY GRABBING ORGANIZATION WHICH IS UNCONCERNED WITH THE GOOD OF HORSE RACING, AND THE OVERSIGHT BOARD SHOULD BE TAKING AT LEAST 50% OF THE HEAT/BLAME ON THIS AND THOSE MEMBERS SHOULD BE CANNED.