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Correction - Isn't it the banks that are supposed to be lending locally and not the local government "giving" money to the banks.
Middle - Isn't it the banks that are supposed to be lending locally and not the local government ?
PBinNC - " I noticed that there weren't all that many parking places. Maybe enough for the thirty employees but no visitors?"
Now you've gone and done it - maybe the town council will build a parking deck nearby (just like Pinehurst). I'm sure the lobbyists over at Partners in Progress are looking into this as we speak.
Middleman -" So wipe the tears and open a checking account at First Bank, or don't, your choice!"
Sure it's my choice where to bank - it shouldn't be Moore County's choice to choose which bank to subsidize.
I'm not going into the details of the article - yet. I would like to focus on the Pilot's editorial and Mr. Natt 's "Dynamic" story in particular. I can understand why the original reporting of "The Great Move" was just that - a reporting of the facts.
When it comes to the followup articles and editorials - they are always spinning the "Pro" position and never mention the "Cons". The usual suspects ( the top 5%) are always interviewed so they can take credit and put a positive spin on things.
Let me correct myself when I say they never mention the "Cons" - the entire story and editorial consisted of positive opinions with the exception of the following:
"Though there has been a lot of grumbling and second-guessing in the days since the bombshell announcement, and though incentives aren't always popular in principle, this package seems a no-brainer."
Any details as to why some readers are grumbling are always omitted.
Where is the opinion of the man in the street? Where is the opinion of the people who were just terminated from Gullistan?
I guess the bottom line is that they have to put a positive spin on it because it's a "done deal" - a very quickly put together - done deal.
"A combined payroll of $5 million" - this could be just the salary of the CEO.
Oh well, maybe they will hire some gardeners, maids and chauffeurs.
Spot on, as usual, Toda.
Skyline -"Well, JimR, I see I don't even have to comment........."
Then proceeds to comment & comment & comment....................
TF121 - The key word you used is "projections". We know about the $270K taxpayer expense. Everything else is just a guess at this point - unless you want Lula's to save the lunch receipts for the "high rollers" from the bank. It's always nice to justify spending OPM (other peoples money) with some guess at "projected benefits".
I'm glad Pat Corso is taking credit for this move. Remember that name when you go to pay you tax bill that is partially subsidizing bankers. Maybe we can keep Mr. Corso from getting reelected - oh wait - he's not an elected official - he just gets the local government to spend more tax payer dollars.
Pat Corso seems to put his "blessing" on a lot of things that:
“Not everyone is going to love what they did, and they know that. No one should take that lightly.”
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