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September 24, 2012 -- 8:12 PM
posted by Beck
I agree with you Par, the arena deal keeps getting worse and worse.
@Alison - but if we can make reliable nanotubes - we can build a space elevator! It's literally the only thing holding us back.
September 18, 2012 -- 12:52 PM
posted by alison
September 17, 2012 -- 8:50 AM
posted by SJEsese
Anyone know where to find a discounted version of Microsoft windows pro or SAS (quantitative data analysis software)?
September 16, 2012 -- 9:55 PM
posted by Par
< Solicitation >
Hey gang,
So, in a couple of weeks we're doing the Run for the Cure in Vancouver. If you'd like to donate in support, feel free to go to my donation page. Any and all help is appreciated!
Thanks!
< /Solicitation >
September 14, 2012 -- 12:16 PM
posted by Al
Don't think the city is going to bite this time. Not so dazzled by the numbers anymore.
September 14, 2012 -- 10:14 AM
posted by Par
Sorry, I must complain about the Oilers arena deal again.
1. Darryl Katz proposes to help revitalize downtown with a new arena, pledging $100M of his own money ("He's throwing in his own money! What a guy!")
2. The deal with the city involves the City borrowing the aforementioned $100M, and Katz repaying the loan over 35 years; with interest, it's about $5.5M per year. Also, the City will spend $20M in "advertising" costs over the term of the lease. ("You can't expect a businessman to have that much cash just sitting around. Plus it's going to make downtown better! What a guy!")
3. The Katz Group goes back to city council 10 months later and extorts demands asks that the City pony up $6M a year in operating expenditures AND that the City will lease office space in an attached business tower. ("He needs to make his financial commitment in a building from which he will reap 100% of the revenue absolutely ZERO in order to make his financially profitable business profitable. You just don't understand what a guy he is!")
Wow.
I love the Oilers as much as anyone, but this is crazy. In a city that sells out games and sells out jerseys while finishing an average of 29.6th place out of 30 teams for the past three years, you're going to move because you're not making a profit in the city building an arena for you? Eh, fuck off.
