Originally posted by Curmudgeon
Holy Cow! I didn't know it was such an excellent investment opportunity! If that were the case, those folks would have no problem obtaining credit through private means (like most other small businesses). Why don't YOU loan them the money?
Many of their members did loan them money and as a matter of fact the vast majority of their financing is private. It is funny Curm you did not comment on any of my other points. Perhaps you agree with me then?
You do realize that many of the best investment oportunities are the riskiest and it is the willingness to take risk that drives our economy. Buffalo is in a life or death struggle with wealthier preditory sunbelt cities not to mention nearby competitors such as Amherst. Risks on unique city building small businesses are exactly what the city needs to take chances on. I will take a thousand of these risks over one casino or one Bass Pro.