"Subprime Dan" is a "grifter at heart"
4 posters
Page 1 of 1
"Subprime Dan" is a "grifter at heart"
Twice destroying LeBron-led championship-caliber teams is a hell of a legacy, yet not the worst of Gilbert’s crimes this calendar year. Like the president he admires, Gilbert is so arrogant and petty that he feels immune to the public’s disdain. How else to explain why he is currently fleecing Cuyahoga County and the City of Cleveland for anywhere between $140 million and $200 million—depending upon whose accounting you believe—to refurbish the home of the Cavaliers, Quicken Loans Arena? Gilbert’s representatives went to the county and city councils with promises that the money will be partially paid back with funds generated not from regular-season revenue but from playoff revenues to be earned until 2023. Yes, they are promising six more years of playoff appearances in return for starving the cash-strapped county and city of desperately needed public funds. From a basketball standpoint, this is a joke, especially if, as expected, LeBron bolts the mismanaged team after next year. From the perspective of the county and city councils, banking the financial health of your city on whether the local hoops team makes the playoffs is a farcical obscenity. Gilbert’s accountants, appearing before the county council, claimed that they will cover any shortfalls if these playoff projections fail to materialize, but, as Sam Allard broke down mercilessly for the Cleveland Scene, “The Cavs lie, repeatedly and shamelessly” about what will be covered, as well as the positive economic impact of the Quicken Loans facelift.
Yet, after a series of tempestuous public forums, the county and city councils caved and agreed to this deal, seemingly another narrative of “the billionaires winning again.” But that’s not where the story ends. It gets much worse and is even more indicative of Gilbert’s disregard, if not outright contempt, for the public will. A group of concerned citizens approached the Cleveland City Council to demand a referendum on this allocation of tax dollars. They arrived armed with petitions to get this $200 million corporate-welfare bill on the ballot, knowing that they needed 6,000 signatures to trigger a referendum. They showed up with 20,000, a remarkable show of popular resistance in a city where fewer than 300,000 people are of voting age. Yet the city council says it has already entered into a contract with Gilbert and is taking the case to the Supreme Court. An attorney for the petitioners, Subodh Chandra, said to the Cleveland Plain Dealer, “People have decided that rules and fairness and democracy don’t matter. This is the kind of thing that happens in banana republics that America mocks where politicians try to subvert the democratic process.”
https://www.thenation.com/article/cavaliers-owner-dan-gilbert-clevelands-corporate-welfare-king/
Turtleneck- Geronte
- Posts : 42483
Join date : 2014-04-22
Re: "Subprime Dan" is a "grifter at heart"
While living in Lansing I got to know the EL Cheif of Police through a mutual friend and the #2 in command of MSU Public Safety. They were both surprised at how lightly Gilbert was treated when he was busted for his bookie business he ran at MSU.
According to both MSU student Gilbert hiring muscle to intimidate dead beat bettors got him exposed and put him out of business but other bookies busted in Ingram County got a lot tougher treatment than Gilbert got from the prosecutor's office. There was the hunch Gilbert had info important people thought would be better left alone.
The guy has a knack for business and making money but he's a tough SOB.
According to both MSU student Gilbert hiring muscle to intimidate dead beat bettors got him exposed and put him out of business but other bookies busted in Ingram County got a lot tougher treatment than Gilbert got from the prosecutor's office. There was the hunch Gilbert had info important people thought would be better left alone.
The guy has a knack for business and making money but he's a tough SOB.
GRR Spartan- Geronte
- Posts : 10532
Join date : 2014-04-25
Re: "Subprime Dan" is a "grifter at heart"
It bums me out that, at least IMO, both Gilbert and Gores seem to be slimy assholes. They aren't exactly the best reps for MSU.
As for subverting democracy, Gilbert can just get in line. Michigan Republicans have been doing it for years, whether it's Snyder's emergency managers installed in place of democratically elected officials, or the GOP ignoring the will of the people who voted to end wolf hunting and used that bullshit move to pass legislation with an appropriations to make hunts impervious to citizen-led repeals.
As for subverting democracy, Gilbert can just get in line. Michigan Republicans have been doing it for years, whether it's Snyder's emergency managers installed in place of democratically elected officials, or the GOP ignoring the will of the people who voted to end wolf hunting and used that bullshit move to pass legislation with an appropriations to make hunts impervious to citizen-led repeals.
tGreenWay- Geronte
- Swill Pick 'em 2022 Regular Season Champion
- Posts : 55674
Join date : 2014-04-18
Location : East Lansing
Re: "Subprime Dan" is a "grifter at heart"
Everything I know about Dan Gilbert makes me think he's a piece of shit, except of course his time at MSU. Why couldn't he have just gone to UM? He seems like the type who would be into that...
Cameron- Geronte
- Posts : 10953
Join date : 2014-04-16
Age : 35
Location : Michigan
Similar topics
» Zero heart
» This should warm Bob's cold heart.
» Styrofoam
» The Swill is giving me a heart on
» Wow Matt Millen needs a heart transplant.
» This should warm Bob's cold heart.
» Styrofoam
» The Swill is giving me a heart on
» Wow Matt Millen needs a heart transplant.
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|