What's your take on the current financial situation of the Nashville Symphony?
well yes bfra, I meant that it doesn't mean that the symphony can't pay what they owe, they just don't want to under the current arrangement.
IMO, they evidently agreed to the current arrangement & should be made to abide by that agreement. What is everybody decided they didn't want their debts anymore & just stop paying them?
bfra, I think what Ralphie means is something similar to say, refinancing your home. You still plan on paying for it, you just want to renegotiate the terms.
Didn't the article state that the symphony is just flat refusing to pay?
Captain Nemo, responding to your 12:11 post, I do agree. If some of my tax $ went to the symphony, I wouldn't mind. But I really hate to think that any of my tax dollars would go to professional sports.
Better yet, I wish I could list out where my tax dollars go (at all levels). That would make me feel better about paying taxes.
You'd declare yourself bankrupt 'is' you quit paying your debt, bfra. You may not want your debts, but you'd still owe them. Just say I'm broke and quit paying them.
2:12PM - Old man with no brains puts more muck on the board. He doesn't have sense enough to know what he is saying but expects everybody else to know,.
Beauty is in the yes of the beholder, bfra.... and intelligence is in the mind of the idiot. Which one are you?
An interesting article on the 2nd amendment by black Americans.
2:17PM - How dumb can you be yogi? Dumber every day!
Can't Marth just write them a check and be done with it? She's got like a few billion right?
The article isn't clear, but it doesn't appear they have quit paying anything. They have decided not to renew the letter of credit (LOA) with BOA which puts them in technical default on the bonds because the bond indenture requires them to have an LOC. If they renegotiate the terms of the LOC with BOA or get a LOC from someone else they will not longer be in technical default.
BigPapa - My first thought! She is the one that pushed so hard to get it.
An interesting course for you, bfra. //bensguide.gpo/gov/
The answer is rap music. Martha gettin jiggy with it, ghangnam style.
While I am more in favor of supporting the symphony than I am any sports team, I must admit I do believe they or their supporters should foot the bill for their upkeep.
Of course, I also believe schools and other public education facilities should be fully funded and supported before any politician draws a paycheck. Like that will ever come to pass.
Considering the cultural contribution of the symphony far outstrips anything offered by professional sports, I would like to see the city take some of the money provided the Titans and Predators and allot that to the symphony.
Another highly unlikely happening until polticians can see some personal benefit.
The symphony is much like a sport, not everyone likes a particular sport and not everyone like symphony. And I would argue fewer like the symphony than any sport.