Apparently in a city council session here in Toronto yesterday one councilor made some comments that were taken to be insulting to Asians and he is being asked to apologize. Councilor Rob Ford made these comments yesterday while attempting to speak on how the Asian community was expanding and doing well in the City:
"Those Oriental people work like dogs. They work their hearts out. They are workers non-stop. They sleep beside their machines. That's why they're successful in life. I went to Seoul, South Korea, I went to Taipei, Taiwan. I went to Tokyo, Japan. That's why these people are so hard workers (sic). I'm telling you, the Oriental people, they're slowly taking over."
OK now obviously he didn't mean to say that or rather he probably didn't mean to put it exactly that way but still insult? What insult? Damn I'd be happy if someone took the same quote and replaced Oriental with black and Taiwan, South Korea and Japan with a Jamaica and Barbados or a Trinidad or a Nigeria. Hell I'd be positively overjoyed even.
Damn he called us black folk hardworking. Sweet! I'd be like Ford for Mayor! You got my vote!
OK onto something else.
Toronto City Council has decided to sell a prime piece of land on Bloor Street to McDonalds for 3.3 Million dollars. Now I've followed this story with interest, and not just because it was the closest McDonalds to my residence when I was in University and I ate there a lot but also because Bloor Street property in that area is gold now and I wondered how much the city would get for it.
Now the McDonalds was working with a long term lease which was ridiculously cheap having been brokered years ago. So when the lease came up for renewal last year the city said buy the land at what its worth or give us market rate rent for this property which was about 200Gs a year instead of the $15,000 they are currently paying. Sounds fair to me.
Now the land is worth at least 5 Mil but McDonalds countered with the 3.3 Mil offer and the Toronto City Council accepted.
Now here's where the fleecing gets even worse. McDonalds has a deal in place with a developer to flip the land for 9 Mil after they buy it from the City.
So let me get this straight. Our cash strapped city, always crying how poor it is, soon to implement users fees on garbage, always trying to close down some program or recreational facility, always raising bus fares and begging the Province for handouts and is selling this prime real estate under market value to McDonalds for 3.3 Million after which McDonalds will then turn around and flip it for a 5.7 Million dollar profit.
Are you serious? Can we afford to be doing favor for McDonalds?
Am I the only one who has a problem with that. If McDonalds can get 9 mil for the land eliminate the McDonalds middleman and go straight to the source and make more cash. I mean you are the one holding the marketable commodity in your hand use it wisely. Deal from a position of strength. Even if there is some payout to be made to McDonalds or you end up being sued I think you're still making more than the 3.3 million.
Do I really need to go down to City Council and quote them some Krs-one "
the rich get richer, cause they work towards rich
the poor get poorer, cause their minds can't switch from the ghetto
let go, it's not a novelty........
educate yourselves, make your world view bigger
visualize wealth and put yourselves in the picture!