In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.
another handout
Sam06
Member Posts: 21,244 ✭✭✭✭
Even the Civil Rights Museum is on welfare. Typical of snivil rights stuff in this country even with all the money thrown at it and its special tax status it still looses money and cannot stay afloat without taxpayer funded infusions of cash. In other words its a drain on society and it should be allowed to fail and die but then 
The story:
http://www.greensboro.com/news/local_news/greensboro-auditors-note-debt-losses-at-civil-rights-museum/article_5b3106f4-ef5e-5ebf-92e3-71c77cd37131.html
C&P
The museum honors the 1960 sit-ins when four black freshmen at N.C. A&T refused to leave the whites-only lunch counter at the F.W. Woolworth in downtown Greensboro.
The museum has struggled financially since its founding in 1994 and has needed infusions of taxpayers' money to stay afloat - about $4.8 million in all.
The story:
http://www.greensboro.com/news/local_news/greensboro-auditors-note-debt-losses-at-civil-rights-museum/article_5b3106f4-ef5e-5ebf-92e3-71c77cd37131.html
C&P
The museum honors the 1960 sit-ins when four black freshmen at N.C. A&T refused to leave the whites-only lunch counter at the F.W. Woolworth in downtown Greensboro.
The museum has struggled financially since its founding in 1994 and has needed infusions of taxpayers' money to stay afloat - about $4.8 million in all.
RLTW
Comments
http://www.breitbart.com/sports/2015/02/12/nascar-museum-leaves-charlotte-taxpayers-holding-the-bag/
Back in 2010 the city fathers of Charlotte, NC, thought that they were going to experience a multitude of economic benefits from helping to pay for a new NASCAR museum. But they experienced debt and a museum under-performing expectations.
The city had to pump an additional $5 million in city money into the project to settle bank loans this past year.
The Civil Rights Museum seems to be costing a lot less than the NASCAR museum.
Brad Steele
NAACP, NASCAR, what is a society to do????
http://www.breitbart.com/sports/2015/02/12/nascar-museum-leaves-charlotte-taxpayers-holding-the-bag/
Back in 2010 the city fathers of Charlotte, NC, thought that they were going to experience a multitude of economic benefits from helping to pay for a new NASCAR museum. But they experienced debt and a museum under-performing expectations.
The city had to pump an additional $5 million in city money into the project to settle bank loans this past year.
The Civil Rights Museum seems to be costing a lot less than the NASCAR museum.
I heard that BofA and wells fargo bailed them out with stimulus money
story:
The Charlotte City Council voted 10-1 to approve an agreement with Bank of America, Wells Fargo and NASCAR to forgive more than $22 million in debt from the NASCAR Hall of Fame.
The details
Under the agreement, the city will pay the two banks $5 million. In exchange, the banks will write off $14.1 million in principal and $3.5 million in accrued interest.
In addition, NASCAR will waive $3.2 million in royalties that it's owed since the hall opened in 2010.
The hall hasn't been able to pay those royalties because the hall has lost more than $1 million a year each year.
In the future, NASCAR agreed to reduce the amount of royalties it's owed from as much as 10 percent on hall sales to 3 percent.
http://www.charlotteobserver.com/news/local/article9257855.html
That is sweet deal[xx(]
Look up the national slavery Museum in Va. Another boondogle, they were given the land and money and it was never built the land has a tax lien on it from non-payment of taxes and they are in bankruptcy court.
Even the Civil Rights Museum is on welfare. Typical of snivil rights stuff in this country even with all the money thrown at it and its special tax status it still looses money and cannot stay afloat without taxpayer funded infusions of cash. In other words its a drain on society and it should be allowed to fail and die but then
The story:
http://www.greensboro.com/news/local_news/greensboro-auditors-note-debt-losses-at-civil-rights-museum/article_5b3106f4-ef5e-5ebf-92e3-71c77cd37131.html
C&P
The museum honors the 1960 sit-ins when four black freshmen at N.C. A&T refused to leave the whites-only lunch counter at the F.W. Woolworth in downtown Greensboro.
The museum has struggled financially since its founding in 1994 and has needed infusions of taxpayers' money to stay afloat - about $4.8 million in all.
surprising JJackson,sharpton haven't contributed