McCrory's idea of a successful public-private partnership?

Submitted by usna77 on

THATSRACIN.COM is reporting that the NASCAR Hall of Fame in Charlotte lost $1.6 million in 2012.

The NASCAR Hall of Fame is a $200 million public-private partnership, funded by occupancy and meal taxes through the Charlotte Regional Visitors Authority (CRVA). It was a centerpiece of Pat McCrory's tenure as Charlotte mayor. As Deputy Assistant Governor, McCrory wants to extend this public-private partnership model to economic development across the state. Why exactly is that a good idea, except for those who end up with the money?

Comments

It's not like NASCAR...

Submitted by usna77 on

...is losing money????

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The measure of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little. - FDR

You're right, USNA77

Submitted by James on

It's more like the people of North Carolina are losing money.

Why this is a good idea

Submitted by Posmo on

Mr. Pope says so!

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"I will have a priority on building relationships with the minority caucus. I want to put substance behind those campaign speeches." -- Thom Tillis, Nov. 5, 2014

Maybe not

Submitted by James on

I'm not sure even Art Pope would have gone along with the old Pat McCrory on something like this NASCAR scheme.

I wonder if Mr. Pope ever has a moment of panic or doubt when he accidentally drops his guard and stares at the horror show ongoing in Raleigh? Because if he doesn't have such moments, he's an even bigger creep than I thought.