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  #1  
Old 08-21-2006, 11:45 AM
sumitas sumitas is offline
Santa Anita
 
Join Date: Jun 2006
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The NYRA has paid taxes on the land for 50 + years. They are a known entity, may have gone astray somewhat, but are now back on track.
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  #2  
Old 08-21-2006, 12:01 PM
Bold Brooklynite
 
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It doesn't matter how good the people are ...

... the entire concept of a non-profit organization is doomed to be much worse ... and has been ... than a profit-seeking operation answerable to shareholders and the market.

Wealth isn't something which exists ... it must be created ... and it can only be created when there are motives to do so ... such as necessity, self-fulfillment, and greed.

Without the profit motive ... you have Cuba and the Soviet Union.

End of lecture.

For now.
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