Today is

Friday, November 20, 2009

Developer Makes Bizarre Statement On Investment Capital

After overhearing a short blurp on Wednesday's Neil Cavuto Show on Fox News Channel about a seemingly obsolete if not genuinely bizarre method a developer in Alabama is undertaking to fund his business venture, I googled country crossing gilley.
WTVY News Excerpt:
Gilley also explained how country crossing is the largest private investment in Alabama and he's not about to ask the government for any help. "We're not asking the taxpayers to pay for anything else, and we are certainly not asking our state or federal government for money they don't have."

"Build it and they will come. We are creating jobs."
The "not to ... pay for anything else" part is a little puzzling and I don't know how much truth there is to Gilley's claims about absolutely no government help or money. Still, it's the basic premise of his statement that struck me and how much of a big deal they were making out of it on Cavuto's Show. No taxpayer dollars used on a multi-million dollar private development? Imagine. That's unheard of around these parts. If something like that ever catches on, it might pose the greatest threat to capitalism as we know it.

No comments:

Post a Comment