First, if you sink $2.17 million in renovations on a building, you better have a real strong marketing and finance plan to make it work. That plan would include cash, liquidity, moolah for the one to three years that Oak Tree mentioned. After start-up capital, working capital keeps the doors open. They didn't make it through six months. They have only been open since January. They are experienced restauranteurs.
If you include Central Gardens, Overton Square, Mud Island and downtown there should be enough people to support such a venture but of course, a 16,000 square foot building would clearly mean that this is a lot of tables to turn. I thought about all of these things as I heard about it, saw the construction and thought these would have to be very rich people to lose the amount of money at the start in order to win.
I'm sorry that they didn't make it and I wish them well. I have, and continue, to eat at New Hunan. I've eaten there since it first opened. I'm sure that the income from their other ventures was used for the construction loan. I will never understand how their business plan didn't consider total cost necessary to succeed. At least keep the doors open for a minimum of two years.
Was the Brushmark making money? Or rather was it making a profit? I don't know. I'm just asking a question because I doubt they would have replaced it if it was making a profit.
Sure Mr. Roland, once we figure out whether MLG&W has made back its capital investment in the outlying county then the citizens of Memphis and MLG&W will be more than happy to grant you a seat. No incorporated city within the county would exist without MLG&W. Try going to Wall Street and raising the capital needed to create a public utility for Germantown, Bartlett, Collierville, Arlington, Millington and incorporated areas of the county. It would be difficult to do it now and virtually impossible to get the deal done when these incorporated and non-incorporated areas were created.
I'm not throwing shade. I'm not hating. I just get sick and tired and tired of being sick about folks who always define the city of Memphis as an anchor when they need a sail or a sail when they need an anchor. Memphis and MLG&W contributes as much to this county, or more, than the other incorporated and non-incorporated cities in Shelby County. Period. If you have an issue with not being on the board then take a time traveling pill and change the creation of the utility.
Same as Trump. Make a perceived hated entity, person, etc. the enemy and your base will support your election. Well, Mr. Roland you are probably the only one that comes to mind that actually makes MLG&W sympathetic in my eyes. Go figure.
BTW, I do NOT like the idea that once again we have to "opt-out" instead of opting-in another program by Memphis Light Gas and Robbery. Good program, terrible execution. Help folks who need it by NOT forcing people to participate! IMHO, this changes good Karma to bad Karma.
Who in their right mind cares about what a mayor that was in office for 17.5 years says about the "black" problem? No, really, what does it matter now except for cover for an incompetent mayor that doesn't have the balls to say what Doc said? Therefore, he hires a black face in HIS former high place to do the job? Sad , pathetic, embarrassing for the African-American community and for Dr. Herenton. Sad , pathetic, and embarrassing that it is more acceptable to blame those with little power rather than those with the most power to affect change. Sure, I get it, personal responsibility is very important but so is speaking truth to power. Where was all this energy, and statements, and plans, to address these issues in the 17.5 years of being mayor along with the 10-12 years of being school superintendent?
So when you were mayor it was important for you to be powerless rather than powerful and now you demand the powerless to be powerful. According to you it is a must! At least you had the choice while many of these folks are trapped in crime ridden communities between the police and non-police. They have never served on corporate boards and it may take many four, five or even more years to make the kind of money you made in one year.
Based upon the response from some misguided and ignorant individuals it is though the African-American community has not ever even mentioned personal responsibility along with racism, white supremacy, poverty, etc. It is like some white folks--many who despise Dr. Herenton--and some African-Americans suddenly have witnessed the second coming. Hard to separate the components of hydrogen and oxygen and still call it water. You even need both to make Kool-Aid.
Well one thing is for sure. If Donald Trump, a billionaire, can sell himself to poor and middle class white folks there is still hope for me to sell them my idea of an Artificial Intelligence Invisible bridge and wall. Sure what is Donald Trump's intelligence if not artificial? The bridge is for those who need to travel over it to justify water and we're just going to throw in the wall to keep white folks out of Mexico. Spreading enough crap in America is enough. As for the women, Hispanics, and African-Americans that voted for Trump we will just continue to take up the Sunday collection.
There is probably no better description of a vehicle to watch your money be blown to bits. Amazing how people have faith in a system just because geeks create it, while remaining anonymous. Forgot or ignore all the rules of banking and then ask the government to help you when you lose your money. The minute you tell me that the creators must remain anonymous that blows my confidence to bits to trust a system beyond a few bits of conversion.
Yep, the cool thing about this is that he has resigned and he may find another position to express his racist views. Maybe Secretary of Information for the TN Chapter of the Klan. My bad, you already have that job. Well now you may work it full time.
Sure, you have all this pinned up anger, while your job was overseeing the Corrections Center Deputy Director of many, unfortunately, African-American men and women. Of course, someone with your ability to restrain themselves was able to hold your racist views in check while doing your job. None of that anger clouded your judgment, for sure.
Really, all it took was an election? After all, what was it, the keyboard, the computer screen, the liquor? You won. Sooooooo, you celebrate your victory by losing your job.
If you think that President Obama is the same kind of American as the Klan then there really needs to be an investigation by the Department of Justice of your period of leadership as well as the whole office. You don't get to just accept the resignation of the Deputy Director and move on as though nothing happened. He was there for 17 years and while not having the restraint to put it on FB he never made similar statements on the job? It is possible but not very probable. After all, he is just a "good ole boy."
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By Chris Davis, Susan Ellis, Toby Sells, and Maya Smith
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