Quote:
Originally Posted by New Era
Okay, I'm going to give you $20 for lunch. But under the condition that you give it back to me by next Tuesday. What do you call that?
I think that any "direct cash injection to help create a privately owned, tax producing building," under the condition of your paying that "direct cash injection" back, is called a loan. You can put as much makeup on that pig as you like, it still ain't kosher.
So what we really have here are three different offers on the table. There's the Flames 50:50, that has been universally panned. There's the "rule of thirds," which everyone seems to like and think is fair. Then there is the modified rule of thirds, with the city only providing the "direct cash injection to help create a privately owned, tax producing building" under the promise of it being paid back, meaning the Flames pay 100%. No outrage there because some people can't recognize a loan when they see the terms. This really is a bizarre situation.
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Your post and analogy in it are bizarre.
Are you Ken King? Youre posts recently seem to be comparable to Ken King's work.