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50 year old Baltimore Opera company goes bankrupt, big time!
Submitted by SteveMT on Wed, 12/10/2008 - 11:56
This Baltimore opera company has assets of $50k and liabilities of $10 million. The point of this thread is: When culture goes out the window (and I love Mozart), the jungle is not far away. http://www.thewest.com.au/default.aspx?MenuID=5&ContentID=11... » |
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Baltimore is the jungle--and
Baltimore is the jungle--and I don't mean that in a racist way.
I'm a former Baltimorian. I was born there, raised there and educated there. Luckily I was smart enough to get out--so far out I moved to Japan.
Anyway, Baltimore is the jungle! Drugs, random violence, massive theft, and one of the worst accents in the country. "Sorry Hon, but et's truuue."
My point is, Baltimore to opera is like Bush to intelligence.
This doesn't surprise me....
Perhaps the opera company was the one ...
redeeming quality of this city. Now what will happen?
Welcome to the jungle.
Lots of businesses and public entities will be falling like dominoes soon.
The only people we can absolutely, positively be sure will be supported by bailouts will be the bankers. "The owners of this country," as George Carlin said.
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States
Yes, the bankers can now pick up an opera company...
for about 10 cents on the dollar.
I was under the impression
I was under the impression that opera, ballet, and a number of other "fine arts" (along with several kinds of professional sports) are subsidized by the government, rather than anything near fully supported by their audiences and patrons.
Assuming that's correct, I expect a lot of them to go belly-up (or at least into coma until the private sector improves enough that they CAN be patron-supported) if the governments are ever brought back to constitutional bounds.
= = = =
"Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job."
That means: For each job "created or saved" about five were destroyed.
There is only funding for, what was it,...
Jesus or the Virgin Mary made out of feces. There always seems to be plenty of money for that crap (sic),
The bankers got that money, also.
We haven't seen any yet either.
It ain't over..
...until the fat lady sings! (Sorry, I couldn't resist.)
Follow me on Twitter!
Better call Hank Paulson
This country CANNOT survive without opera companies.
http://www.federalfallacy.com
http://federalfallacy.com
why do all Austrian
why do all Austrian economists love Mozart?
Score One for you!
So true. Mozart is the best. However, he was a Free Mason.
ha, thanks! im only 24 so i
ha, thanks!
im only 24 so i haven't reached that stage yet but im a big Austrian.
im addicted to mises.org - especially Walter Block & Tom Woods.
how about you?
Speaking of mises.org,I
Speaking of mises.org,I haven't been able to get on all day.
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The "foot" of the government will continue to push down on the "throat" of the people until we can't take it anymore.
"A government of reason is better than one of force." --Thomas Jefferson to Richard Rush, 1820