Comments on: For Whom Conseco Tolls

By: Haskell

Haskell — Thu, 09 Apr 2009 15:32:18 +0000

That has been suggested before in a letter to the editor of the Star maybe 2 months ago. A good idea that could work. Truth is I bet the Simon organization could make money off of it if they owned it.

If you knew there was no taxpayer bail at the end of every tunnel it could be managed better.

By: Mike Kole

Mike Kole — Wed, 08 Apr 2009 22:04:12 +0000

There could be jealousy there. I lived in Cleveland in the 90s, and Art Modell went from being BMOC to watching the Indians and Cavs get new buildings. His frustration was so great that he took the Browns to Baltimore.
.
Cleveland learned all the wrong lessons from that, though. They built a new stadium and lured an expansion team. The city’s downtown is no better now than it was five years prior to the building of Jacob’s Field, but the City sure has a lot of debt on those three arenas.
.
It sure is hard to fix a problem made when people who aren’t professional land managers get involved over their heads with a gigantic piece of real estate or two with people who are land managers for a living.

By: Taxpayer 834512

Taxpayer 834512 — Wed, 08 Apr 2009 21:45:06 +0000

E-N-U-F.

By: Think Again

Think Again — Wed, 08 Apr 2009 20:54:53 +0000

Nah, it’s not that sinister, folks. The Simons are good people. They’re just jealous of the Colts’ deal. I get that.

Here’s the rub: they bought the team a long time ago, for a depressed price. They didn’t have to, but they did, and I’m glad. They can claim they haven’t made money all they want. Somehow, they kept the team. It was ego or moxie or profit motive or civic pride. I don’t really care which.

They’re universally praised as one of professional sport’s best ownership groups. Bully for them.

The appreciated value of the team, even allowing for inflation and annual operating losses for the last 20 years, far exceeds any reasonable measure of reasonable profit. Plus, they got the benefits of ownership all those years.

They’re ahead of the game.

No one has mentioned that they got a sweet deal to keep their HQ downtown. I supported that, even though it took out a small park, because they’re industry leaders, a Fortune 500 company, and we need to keep those kinds of employers in Indy.

But my cup doth not runneth over.

E-N-U-F.

By: Jon G

Jon G — Wed, 08 Apr 2009 20:49:48 +0000

Sorry, but ‘they’ sure….

By: pascal

pascal — Wed, 08 Apr 2009 19:13:49 +0000

It is classic bait and switch. While your attention is focused on the $15 millions you are missing the big picture. Three card monte is useful in property management as well.

By: Jon G

Jon G — Wed, 08 Apr 2009 18:54:29 +0000

Exactly TA, but sure think we are. Fools, that is.

By: stringchopper

stringchopper — Wed, 08 Apr 2009 17:33:58 +0000

The problem here is that Abdul and the rest of us are trying to think like smart people. The answer is simple. Let’s just start thinking like politicians. Now the answer is plain.

Implement a condom tax.

What do people do all the time, especially in a bad economy when other escapes are too expensive? Well, you get the idea…

A minimum tax on condoms could solve all the problems we have. We could even call it a “condominium” tax.

Sheesh Abdul… where do you get this nonsensical ideas about the free market? ;)

By: Brian Phillips

Brian Phillips — Wed, 08 Apr 2009 17:28:16 +0000

The problem here is that Abdul and the rest of us are trying to think like smart people. The answer is simple. Let’s just start thinking like politicians. Now the answer is plain.

Implement a condom tax. What do people do all the time, especially in bad economy when other escapes are too expensive? Well, you get the idea…

A minimum tax on condoms could solve all the problems we have. We could even call it a “condominium” tax.

By: Think Again

Think Again — Wed, 08 Apr 2009 15:31:23 +0000

The Simons are the best prop. managers in the world

They’re no fools, either.