All good points John. It makes me sick how these games are played with other peoples money. Building a hotel is not a problem. Who builds it is, and you've hit the nail on the head when you show that there is no protection for the tax payer here if it fails under government management. Just look how well the DISD is run and all the scams that have been exposed over the last 2-3 years. Boy, "sheeple" sure forget quickly! There are losts of sheep out there that believe anything their gov'ment say.
Another good video John Jay Myers! Keep on swinging bud... I'm glad that you're knocking down their "We're stealing from you for your own good" argument. Keep on bringing up St. Louis! It's deja vu all over again!!
One last thing I never hear.. If there IS a buffer and I haven't heard about it, and the Hotel goes bust and you default on the Revenue bonds, but don't pay out of the General Fund, what happens to COD's credit rating? Could COD even sell GO Bonds in the future? Not so much.
If I was in the hotel business, I would love for the taxpayers to pay for the construction of my future convention center hotel so that when it fails, I can pick it up on the auction block for dimes on the dollar a year or so after it's completed.
The hotel proponents keep ignoring all of these substantive arguments. This hotel is a loser on so many levels, and you hit them all. Excellent video, Mr. John Jay "can't find my tripod" Myers.
PLEASE REDO WITH MUSIC!
longsexylegs 2 years ago
Good information, but I had to struggle to hear what you were saying against the loud chaotic music. Please reload without the music. Gees!
V
VictoriaWarrior 2 years ago
Who is making these deals??? Show me the money trail!!!!
wingitprod 2 years ago
Wish I could cast a vote for John Jay.
silencemagazine 2 years ago
All good points John. It makes me sick how these games are played with other peoples money. Building a hotel is not a problem. Who builds it is, and you've hit the nail on the head when you show that there is no protection for the tax payer here if it fails under government management. Just look how well the DISD is run and all the scams that have been exposed over the last 2-3 years. Boy, "sheeple" sure forget quickly! There are losts of sheep out there that believe anything their gov'ment say.
sheimberg 2 years ago
Another good video John Jay Myers! Keep on swinging bud... I'm glad that you're knocking down their "We're stealing from you for your own good" argument. Keep on bringing up St. Louis! It's deja vu all over again!!
One last thing I never hear.. If there IS a buffer and I haven't heard about it, and the Hotel goes bust and you default on the Revenue bonds, but don't pay out of the General Fund, what happens to COD's credit rating? Could COD even sell GO Bonds in the future? Not so much.
johnhspivey 2 years ago
If I was in the hotel business, I would love for the taxpayers to pay for the construction of my future convention center hotel so that when it fails, I can pick it up on the auction block for dimes on the dollar a year or so after it's completed.
NewKreature517 2 years ago 2
We need someone like this that can be strong enough to resist the urge to fix everything FOR us.
nuveausapien 2 years ago 3
The hotel proponents keep ignoring all of these substantive arguments. This hotel is a loser on so many levels, and you hit them all. Excellent video, Mr. John Jay "can't find my tripod" Myers.
DJordanWagnon 2 years ago 3
this guy makes too much sense.
txliberty 2 years ago 4
John Jay is the obvious candidate in this race. Keep speaking the truth!
twojciac 2 years ago 4