NYRA Deal Passes NY Legislature

[whodey17]

Originally Posted by blackthroatedwind

I know you only post to incite, as even you can't possibly be as stupid and uninformed as your posts indicate, but could you please start posting a warning on your posts that reading them might cause an excessive loss of brain cells.

Not trying to incite anything. I am voicing my opinion. I do not believe in gov't bailouts at all. If this new business model is such a great idea then why not just suspend the payments on the loan? Why do they have to forgive the $120 million. I also do not believe that the NYRA should be a not-for-profit entity. Red Cross, Salvation Army and charaties like those should be the only NFP--not a horse racing industry. I also would like to see the NYRA be more creative in cost cutting measures and money management. Time will tell---but in 5 years I predict they (NYRA) will be out of cash once again.