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  #1  
Old 05-18-2010, 02:01 PM
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hoovesupsideyourhead hoovesupsideyourhead is offline
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monmouth will be crazy..if this does happen
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  #2  
Old 05-20-2010, 03:33 PM
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I have been wondering why the NY Post has not been more accurate with the NYRA situation considering they have Ed Fountaine on staff. After reading this, it appears that if Fountaine has spoken to the editors and/or reporters it has fallen on deaf ears. Here is Fountaine's take in todays NY Post:

http://www.nypost.com/p/sports/horse...mlliEOAIrUsF8H
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  #3  
Old 05-20-2010, 04:58 PM
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Quote:
Originally Posted by pointman View Post
I have been wondering why the NY Post has not been more accurate with the NYRA situation considering they have Ed Fountaine on staff. After reading this, it appears that if Fountaine has spoken to the editors and/or reporters it has fallen on deaf ears. Here is Fountaine's take in todays NY Post:

http://www.nypost.com/p/sports/horse...mlliEOAIrUsF8H
A breath of fresh air after all the bullshiat coming from the NY papers.
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Old 05-21-2010, 11:11 AM
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http://www.nyra.com/belmont/stories/May212010.shtml
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  #5  
Old 05-21-2010, 11:27 AM
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Originally Posted by pmacdaddy View Post
zzzzzzzzzzzzzzzzzzzzz

Is this news? Since there's probably very little chance that the tracks or OTB will close, why must we be subjected to all this posturing? It really can't be this hard to run a track and show a profit. Then again, with all this BS, there's apparently a need to convey that it is. We get it: not only do we get to play the horses but we also get to feel xtra special since the state pols are so involved in our sport.

Why are there no 'special interest' groups whose sole function is to expose 'crooked' pols? Not like the resources aren't there. Now, THIS is something that would be very easy in NY (and elsewhere). As soon as they '**** up', get them the **** out of there. Maybe something might get done that way.
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Old 05-21-2010, 11:35 AM
parsixfarms parsixfarms is offline
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As a result of the 2008 franchise process, NYRA is now a not-for-profit corporation instead of a quasi-state entity. Knowing that in Albany there will inevitably be some price to pay (i.e., lower long-term OTB payments to the racing industry) for the "loan" that NYRA is now seeking, why is NYRA even dealing with the legislature for these funds?
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Old 05-21-2010, 11:47 AM
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Quote:
Originally Posted by parsixfarms View Post
As a result of the 2008 franchise process, NYRA is now a not-for-profit corporation instead of a quasi-state entity. Knowing that in Albany there will inevitably be some price to pay (i.e., lower long-term OTB payments to the racing industry) for the "loan" that NYRA is now seeking, why is NYRA even dealing with the legislature for these funds?
I can't imagine who else would loan into this situation.
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  #8  
Old 05-21-2010, 01:52 PM
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Quote:
Originally Posted by parsixfarms View Post
As a result of the 2008 franchise process, NYRA is now a not-for-profit corporation instead of a quasi-state entity. Knowing that in Albany there will inevitably be some price to pay (i.e., lower long-term OTB payments to the racing industry) for the "loan" that NYRA is now seeking, why is NYRA even dealing with the legislature for these funds?
Because the state made the commitment to provide any short-term funding support if the AQU VLT parlor was not up and running by September of last year. The bridge funding will be recouped by the state out of VLT revenues. There is no special pound of flesh involved in this. The state put the onus on itself.

NYRA isn't 'seeking' this funding out of some surprise shortfall they didn't anticipate. This was going to happen if the VLT's weren't in place... EVERYONE knew that. If the mainstream media had a clue and reported the story accurately, no one would question why the transaction is necessary.
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  #9  
Old 05-21-2010, 01:55 PM
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Quote:
Originally Posted by the_fat_man View Post
Is this news? Since there's probably very little chance that the tracks or OTB will close, why must we be subjected to all this posturing? It really can't be this hard to run a track and show a profit. Then again, with all this BS, there's apparently a need to convey that it is. We get it: not only do we get to play the horses but we also get to feel xtra special since the state pols are so involved in our sport.
It isn't posturing. It's a compliance with state and federal law.
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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
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The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984.
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