Talk of The Villages Florida - View Single Post - I.R.S. Rules Against The Villages
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Old 06-09-2013, 11:54 AM
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Quote:
Originally Posted by mickey100 View Post
My brow furrows as well when residents basically stick up for the Developer and his actions in this case when he left us, the residents, holding the bag. Its just hard to believe.
It is, indeed, hard to believe.

While I enjoy life here and credit the Developer for showing absolute genius in many creating many aspects of The Villages, the fact is that Developer runs a very effective local propaganda machine with control of the local paper, TV station, and radio station-- as well as having great influence over the Villages Home Owner Association, local businesses, state and local governments. If any of those entities had been truly independent, there would, years ago, have been a much-more-critical look into how the Developer has financed The Villages through Developer-controlled Community Development Districts and the use of tax-payer subsidies (in the form of purportedly tax-exempt bonds). Instead, until recently, only the POA and to some extent, the Orlando Sentinel, have raised a red flag.