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Home arrow Opinion arrow Editorials arrow A RIP OFF WITH INTEREST
A RIP OFF WITH INTEREST PDF Print E-mail
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Submitted by Editor   
Saturday, 28 July 2007

The Performing Arts people, which includes the Gallo family, want the City of Modesto to pay interest on a pledge of taxpayer money that was pledged a long time ago. One little problem, that pledge of taxpayer money has already been fulfilled.  I was told this was confirmed publicly by one of the Performing Arts Center directors. But they persist in begging for more taxpayer money, and the Modesto Bee supports the request with an Editorial.

 

Nobody was told that Stanislaus County was going to take over responsibility for this project, but they took it on. By doing so, the taxpayers are on the hook for all law suits, cost over runs, and operating deficits for the life of the facility. Deficits will abound on a yearly basis. We have done the calculations, and we believe there is no way that the facility will ever break even. We will pay, and pay, and pay forever for the pleasure of the few elite, and those that wish they were elite. Already there are letters to the editor of the Bee that complain about the ticket prices. The Modesto Bee makes it seem like we owe a huge debt to these people. I do not owe them anything, and neither do you.

                                                                                                                                             Editor

 

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Last Updated ( Tuesday, 31 July 2007 )
 
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