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Bloomberg report on TV, what do you think
This is the Bloomberg report on TV, very interesting. What you your thoughts on it. I think that there is no problem with someone making money if they create a value for others. IE Microsoft, Apple, Etc
http://www.bloomberg.com/news/2012-06-04/hidden-billionaire-morse-a-man-behind-curtain-at-villages.html |
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This surfaced on TOTV right after it hit the air, its beern around a while. I did enjoy reading some of the comments, though they are about a month old. Many written by villagers, just as many not.
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Nothing wrong with Senior Disneylands, where golf is the major activity.
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The reporter claims "He (Morse) controls every single facet of life in The Villages". Funny, when I am there I don't realize my life is being controlled. Maybe that is because I am still a snowbird and a wannabe. Once I buy my home there they will afix the electrodes, or maybe the marionette strings - do they do that at closing?
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A chip is implanted when you get your ID card. It really wasn't painful. (I am JUST KIDDING, ADMIN!!) |
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TAKE ME TO MY LEADER! :bigbow:
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I have no problem with Mr. Morse making money or being a billionaire, however I do feel the CDD boards should be elected by residents after the initial offering and transparency should always be the rule. If true a CDD paid 60 million for assets that only cost 7.5 million, I believe that to be a rip-off and higher payments for residents than necessary. It one thing to make an honest profit and another to take advantage of people.
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