Whoa! Stop the truck right there, Mr. Magill. First you are claiming the Keystone Opportunity Zone of 17th & JFK, which they are NOT claiming as "blighted", they are calling it an OPPORTUNITY to enhance the area because of a vacant lot. Almost any neighborhood would be enhanced by removing a vacant lot to an owner-occupied lot. (depending on the actual tenant, of course- but usually it's better)
This Keystone Opportunity Zone has "Since its inception in 1999, nearly 14,000 new jobs have been created, almost 8,000 jobs retained and over $1.5 billion invested in real estate as capital improvements". That's a lot in just 5 short years. And you almost had me with you analogies of profit organizations, real estate mortgages versus bank mortgages, but left me completely clueless with auto dealers. Not to offend anyone who is any of these, but I feel car dealers (in general) are sleazy people. They beg you to buy a car you can't afford or don't even like, are really nosey about your financial background, and all this before they even know your name. Now, I'm not saying there aren't any nice ones out there, just an overall feeling I get when I try to buy a vehicle. It's a terrible and harsh market, one you really need to know a lot of information: Better Business Bureau background checks, Consumer reports (although I don't trust them entirely), friends recommendations, safety and call back lists, odometer falsification records, or the "car facts" sheet, and lastly color. (just kidding) As I had to buy a replacement vehicle a few months ago, it was no easy project. Weeks went into online research, strolling about lots in NJ, Langhorne, and suburbia. It was awful. Can't there be an easier way? Dan Myers ----- Original Message ----- From: "William H. Magill" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Cc: <[EMAIL PROTECTED]>; <[EMAIL PROTECTED]> Sent: Wednesday, June 02, 2004 1:58 PM Subject: Re: [UC] Phillies & 911, & a long day > On 01 Jun, 2004, at 15:56, [EMAIL PROTECTED] wrote: > > All kidding aside, I did not support the city funding the ballpark or > > it being located in S. Phila. I believe that last month the Federal > > Reserve Bank published a report indicating that ballparks are > > worthwhile economic engines. I will try to find the report for you. > > That is the same report used to justify the Keystone Opportunity Zones > declaration that 17th and JFK Boulevard is a blighted neighborhood... > just because its a vacant lot! > > I challenge the Federal Reserve and the Economists in the audience to > come up with the money that they claim is generated by these subsidies > -- it would be more than enough to balance this years City budget ... > if even just half of the report were true! > > It's like companies who claim to be profitable, but don't make quite > enough profits to pay dividends to their shareholders -- it's amazing > what you can do with numbers on paper. > > Or the Real Estate sales folks who claim that your monthly mortgage > payment will only be X-dollars "after taxes" ... but somehow can't get > the mortgage company to accept that X-dollars number as their monthly > payment. > > At least Car salesman asks you how much you can afford to pay each > month up front, then tells you how many years you will be indentured to > them aftewards. > > T.T.F.N. > William H. Magill > [EMAIL PROTECTED] > [EMAIL PROTECTED] > [EMAIL PROTECTED] > > ---- > You are receiving this because you are subscribed to the > list named "UnivCity." To unsubscribe or for archive information, see > <http://www.purple.com/list.html>. ---- You are receiving this because you are subscribed to the list named "UnivCity." To unsubscribe or for archive information, see <http://www.purple.com/list.html>.