UPDATE: State meets obligation to NYRA; Legislature OK's advance

[pointman]

Originally Posted by freddymo

You right but you make it sound like the State is holding up there obligation in every other arena. They aren't! schools are failing people are losing there jobs and basic things are being washed away. Because NYRA has a piece of paper that saying the State is obligated to fund them is different then basic implied financial obligations of State government.. Come on cops schools and teachers have to go behind NYRA because they have a piece of paper.

Unlike some of schools and cops, NYRA has been paying a vig to the State for years just for the privilege of operating which is why they are entitled to help from the State. Even the dumb idiots NY State has elected know they cannot let NYRA fail. Don't think for a second that the State hasn't gotten its cut of the betting action for a long time.

Further, cops and schools have created much of their problems through their unions which refuse to let go of unproductive employees and refuse to renegotiate ridiculous benefits which they do not deserve in this economy.

[freddymo]

Originally Posted by pointman

Unlike some of schools and cops, NYRA has been paying a vig to the State for years just for the privilege of operating which is why they are entitled to help from the State. Even the dumb idiots NY State has elected know they cannot let NYRA fail. Don't think for a second that the State hasn't gotten its cut of the betting action for a long time.

Further, cops and schools have created much of their problems through their unions which refuse to let go of unproductive employees and refuse to renegotiate ridiculous benefits which they do not deserve in this economy.

Are the toll collectors on highways much different then NYRA when it comes to giving money to the State. Isn't NYRA a business designed by the state to collect revenue for the State. I am all for NYRA succeeding because I love racing but effectively they are wards of racing appointed by the state to manifest the industry while taking a rake. I never understood NYRA's claim that they owned the land because they paid (or short paid) the property tax for years. Wasn't that the point of the A in NYRA? Wasnt it an assc. chartered to create revenue not its bottom line? How the heck did that become we own the land because we paid the tax?

[Princess Doreen]

Steve Crist speaking to the NYRA/NYS crisis:

http://www.drf.com/drfNewsArticle.do...5&subs=0&arc=0

[Kasept]

Originally Posted by Princess Doreen

Steve Crist speaking to the NYRA/NYS crisis:

http://www.drf.com/drfNewsArticle.do...5&subs=0&arc=0

While touching on the NY situation momentarily, Crist is addressing the sustainability of the Monmouth meet concept with the column.

[Princess Doreen]

Originally Posted by Kasept

While touching on the NY situation momentarily, Crist is addressing the sustainability of the Monmouth meet concept with the column.

Well, true, but he sounded pretty optimistic that things will work out for NY racing.

For whatever his opinion is worth.

[the_fat_man]

Originally Posted by Princess Doreen

Well, true, but he sounded pretty optimistic that things will work out for NY racing.

For whatever his opinion is worth.

What did he think when Charlie Sheen stated that he was done with 2 1/2 men? Was he optimistic that Sheen was coming back (as he has agreed to)?