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Originally Posted by Ice_Weasel
Personally, I think any argument that is based on "subsidizing billionaires" just comes across as spiteful and unconstructive. The success or lack thereof of the Flames ownership should not be the issue. Would people rather have the city partner with some of the gong show ownership groups in the US? Why do we vilify people in Canada for being successful...it really is embarrassing. And here's the real danger...vilify/over tax enough and they just leave (i.e Murray Edwards).
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Again, it seems by my understanding that the sticking point with CSEC is that the City wants to get repaid and this is unacceptable.
I dont know why thats unacceptable. That part is hard to fathom.
CSEC is doing this to make money. Calgary doesnt want to get raped like Edmonton did.
But getting your money back is inherently part of the 'Loaning Process.' Nobody is loaning out money with no expectation of its return. Except Edmonton but we're not talking about those idiots right now.
Nobody should be out loaning money without expectation of repayment plus a little interest. If there are people out there doing that then perhaps they shouldnt be in charge of loans.