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Article #709

Re: Least Successful Mall of America stores - Whole Mall Going Under? Repost

#709
From: John A. Weeks III
Date: Sun, 09 Sep 2007 17:45
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In article <ou88e3htl3dnv5smbbg3mu8uvc16oquc32@4ax.com>,
 Francisco Arturo <FranciscoArturo@usenetexchange.com> wrote:

> >By any measure, the mall has been a fantastic success.
> >Granted, a lot of tax payer money went into improving
> >roads and infrastructure.  
> 
> And did the Triple5 gang thank YOU for paying them all the 
> hundreds of millions in taxpayer dollars, for a damn BUSINESS?

Yes, they did.  They do it every day by contributing millions
to our local and state tax base.  They help us keep our 
property taxes low, which I am thankful for every day.

> Those tax dollars should have been given to the real taxpayers, 
> who could then decide for themselves how to spend such money, 
> not given to a bunch of damn foreigners, whore were not even Americans!

Us taxpayers did decide for ourselves how to spend that money.
We did it by voting to spend the money to build infrastructure
for the mall, just like a lot of other major projects are 
financed through TIF zones, government bonds, or outright loans.

> By the way, have Triple5 paid off what they owe to the Simns yet?

I am not aware of Triple 5 giving pay-offs to anyone.  That
sounds like it might be illegal.

> >But lets compare that to a
> >other projects where a lot of public money was invested.
> >The chop stick factory in Hibbing--closed within weeks
> >of opening.  The IRRRB software incubator--the first client
> >took the money and move out of state.  The IRRRB funded
> >cable TV system on the range--went belly up, owner took
> >off with the money.  The downtown mall in St. Paul?  Vast
> >empty spaces today.  The Metrodome?  Slated for meet the
> >wrecking ball as the tenants leave for new facilities.
> >The Met Center and St Paul Civic Center?  Just memories
> >for concert goers and wrestling fans.
> 
> In other words for just the elite, who can afford such luxury items?

Yes, you seem to understand fully.  The mall is for everyone,
while these other projects were just for the rich, elite, or
those who could snooker the government into funding silly projects.

-john-

-- 
======================================================================
John A. Weeks III           952-432-2708            john@johnweeks.com
Newave Communications                         http://www.johnweeks.com
======================================================================
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From: "John A. Weeks III" <john@johnweeks.com>
Newsgroups: mn.general,soc.culture.usa,edm.general
Subject: Re: Least Successful Mall of America stores - Whole Mall Going Under? Repost
Date: Sun, 09 Sep 2007 12:45:40 -0500
Organization: Newave Communications
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