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Old 09-25-2013, 07:21 AM
Mr.Kris Mr.Kris is offline
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I find a kernel truth in most everything I read on TOTV. While in some cases I would phrase it differently.

The visuals on the relationship between the developer and the VCCDD, for example, could be considered not being an "arms-length transaction." "In their pocket" would be a slightly harsher way of saying the same thing. The IRS termed it that "The Center District has in effect been operated as an alter ego of the Developer."

Whether the term "in their pocket" is inflammatory, or the IRS is a loathed organization, is not the point.

The point is, history has shown that individuals that are affected by these relationships, such as TV residents, are always better served in transparent arms-length transactions. And you should care.