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Dec 16, 2015
9:59
:08
am
Blue Print
831st Heisman Runner Up
They are counting the entire cost of the project, not just the amount the church is putting into it.
It's a fairly common example of misleading.
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Blue Print
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Blue Print
Joined
Sep 7, 2001
Last login
Jun 9, 2024
Total posts
29,394 (5,450 FO)
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Messages
Author
Time
FairMormon.org: Cougarboard is an "ex-Mormon message board"
panguitch
12/16/15 9:52am
$6.5 B for a shopping mall seems a bit steep to me. Shouldn't BYU get some?
Cougarclaw
12/16/15 9:53am
haha, said the guy is the $5000 suit!
8Bcougar
12/16/15 12:34pm
oh...only $1.5 BILLION...ok. i feel much better now esp since we can't fork
nashty
12/16/15 9:56am
The Church isn't out of pocket for that-- it's a loan guarantee.
jkccoug
12/16/15 9:58am
Actually, we pay coaches far more than 1% of that.
panguitch
12/16/15 10:10am
<< Deleted >>
thaws
12/16/15 10:13am
a HUGE distinction. the "enemies" of the church point it out as evidence the
nashty
12/16/15 10:22am
Apples and oranges man. The mall has nothing to do w/ BYU salaries
Ulysses14
12/16/15 10:55am
Thanks for pointing this out, but it's shocking to me that you even have to...
ZooBlue
12/16/15 1:05pm
City Creek = Asset, Football Coach = Expense (service)
AzCoug1
12/16/15 11:43am
BYU Football = Missionary Tool
whiteninja
12/16/15 12:29pm
Ute Fans = Tools
snowcat
12/16/15 12:52pm
I know Bronco said BYU Football = Missionary Tool, but that has never been
AzCoug1
12/17/15 1:27pm
Ppl have shared links in the past that support it. I'm not going to take the time...do a search
whiteninja
12/17/15 2:14pm
They are counting the entire cost of the project, not just the amount the church is putting into it.
Blue Print
12/16/15 9:59am
5 billion for the total downtown revitalization project.
JAGA97
12/16/15 10:00am
wow, so 1.5 Billion over the 5 billion dollar budget....
TheDeek
12/16/15 10:01am
People who complain about the City Creek cost don't understand finance/investing
Machiavelli127
12/16/15 10:03am
pretty sure we all get the "investing" idea. you'd think if the BYU football
nashty
12/16/15 10:09am
Nobody is arguing that BYU should pay better for their program. But you have fallen into a dangerous trap here
thaws
12/16/15 10:13am
not sure how it's "dangerous". i'm not letting this affect my testimony or
nashty
12/16/15 10:18am
Using false numbers discredits the reasonable points that you do make.
panguitch
12/16/15 10:22am
what false #'s?
nashty
12/16/15 10:25am
RE: what false #'s?
panguitch
12/16/15 10:32am
1.5 billion is still A LOT of money.
SaintGeorgeYFan
12/16/15 1:57pm
My statements were in regards to City Creek, not the media building, marriot ctr
Machiavelli127
12/16/15 10:21am
RE: My statements were in regards to City Creek, not the media building, marriot
nashty
12/16/15 10:24am
Here's the source data for BYU athletics revenues/expenses
Machiavelli127
12/16/15 10:54am
RE: pretty sure we all get the "investing" idea. you'd think if the BYU football
Linescratcher
12/16/15 10:33am
have you ignored every bronco mendenhall interview or media day the last 11 yrs?
nashty
12/16/15 10:46am
I think you're reading what you want to read into his comments.
Linescratcher
12/16/15 11:35am
Just to clarify, the $5 million number is not BYU's operating profit
Machiavelli127
12/16/15 11:05am
They're kind of like our own Occupy Temple Square crowd.
Blue Print
12/16/15 10:11am
All excellent points, in addition to just the investment and long term return
Pacino
12/16/15 10:18am
Because the Church plans on selling those assets downtown?
Singcat
12/16/15 11:14am
Or are you talking about increased rental value of Church owned properties?
Singcat
12/16/15 11:15am
The church owns a lot of property right there. They are protecting them from urban blight.
Blue Print
12/16/15 11:24am
Both really, rental values but also undeveloped property or property
Pacino
12/16/15 3:25pm
RE: People who complain about the City Creek cost don't understand
catchbigtuna
12/16/15 12:51pm
Pfft. Two sentences yet you seem to think you know something about the PEF?
panguitch
12/16/15 2:48pm
Lol...are you honestly trying to argue that diversification is bad??
Machiavelli127
12/16/15 2:57pm
I agree with the church "investing idle funds", but there is a fine line of risk
crm48
12/16/15 2:14pm
This is true..no tithing funds were used to fund the project
Machiavelli127
12/16/15 3:00pm
why do any of you or ex-mormons or non mormons care about a mall?
LVCougarFan
12/16/15 11:05am
Because everyone paying tithing sacrifices to do it and some don't like to think
Singcat
12/16/15 11:11am
Tithing $$ was not used on the shopping mall
Ulysses14
12/16/15 11:38am
It almost certainly wasn't. But his point about transparency stands.
Linescratcher
12/16/15 11:49am
Transparency isn't what will stop the criticism, it will in fact fuel it more.
Ghost
12/16/15 11:58am
If your goal is to avoid criticism, then maybe transparency is bad.
Linescratcher
12/16/15 12:09pm
Therein lies the rub
FatherOFive
12/16/15 12:12pm
All money originally came from tithing,
Dan2
12/16/15 2:41pm
This is false.
panguitch
12/16/15 3:10pm
Is money not being spent to help the poor and needy? And, should all of the
Bob Vance
12/16/15 2:35pm
FairMormon isn't always intellectually honest. Plenty of half truths coming
Singcat
12/16/15 11:07am
The church has a massive real estate portfolio. If they didn't put the money
bvfcr
12/16/15 11:48am
1.5B vs. 5B: either way, a freaking ton of money on a shopping mall
Harrison0Yfan
12/16/15 12:12pm
RE: 1.5B vs. 5B: either way, a freaking ton of money on a shopping mall
Machiavelli127
12/16/15 12:14pm
They also don't understand that it was a huge reason Utah's economy was near top
dultso
12/16/15 1:42pm
I think my problem is more with the logical disconnect.
Harrison0Yfan
12/16/15 5:45pm
Good grief your lame
ZooBlue
12/16/15 5:50pm
*Yer
Harrison0Yfan
12/17/15 3:55pm
Oops:)
ZooBlue
12/17/15 4:12pm
I see where you're coming from, but it's not like the football program is being
Machiavelli127
12/16/15 6:01pm
I think you get the main reason right. It's hard to calculate/predict just how
Harrison0Yfan
12/17/15 3:57pm
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