$60 MILLION PER YEAR TO RUN A F$#ING MUSEUM!!!! - futures io
futures io futures trading



$60 MILLION PER YEAR TO RUN A F$#ING MUSEUM!!!!


Discussion in Traders Hideout

Updated
    1. trending_up 506 views
    2. thumb_up 1 thanks given
    3. group 0 followers
    1. forum 0 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

$60 MILLION PER YEAR TO RUN A F$#ING MUSEUM!!!!

(login for full post details)
  #1 (permalink)
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
 
kbit's Avatar
 
Posts: 5,902 since Nov 2010
Thanks: 3,294 given, 3,357 received

$60 million per year to run a fucking museum???? Tell Bloomberg to use his own fucking money to pay for the $12 million to his thug security nazis. What a joke. We run the entire Gettysburg National Park for $8.4 million per year and it is supposed to cost $60 million per year for the WTC memorial that encompasses one block in NYC. Maybe if they ran it without union labor and NYPD getting paid on the side for security, the cost would be cut in half. Bloomberg and NYC can kiss my fat ass if they think Iím going to fund this clusterfuck with my tax dollars.
WTC memorial magnificent, but at a steep price

By DAVID B. CARUSO and DAVID PORTER
Associated Press

NEW YORK (AP) Ė With its huge reflecting pools, ringed by waterfalls and skyscrapers, and a cavernous underground museum still under construction, the National Sept. 11 Memorial and Museum at the World Trade Center is an awesome spectacle that moved and inspired some 4.5 million visitors in its first year.

But all that eye-welling magnificence comes with a jaw-dropping price tag. The foundation that runs the memorial estimates that once the roughly $700 million project is complete, the memorial and museum will together cost $60 million a year to operate.

The anticipated cost has bothered some critics and raised concerns even among the memorialís allies that the budget may be unsustainable without a hefty government subsidy.

By comparison, the National Park Service budgeted $8.4 million this year to operate and maintain Gettysburg National Military Park and $3.6 million for the monument that includes the USS Arizona Memorial at Pearl Harbor. Running Arlington National Cemetery, which has more than 14,000 graves and receives 4 million visitors a year, costs $45 million annually.

Officials at the 9/11 memorial say they face unique challenges that make comparisons to other national memorials difficult.

The foundation plans to spend at least a fifth of its operating budget, or around $12 million per year, on private security because of terrorism fears. Visitors to the memorial plaza pass through airport-like security, and armed guards patrol the grounds.

ďThe fact of the matter is that this was a place that was attacked twice,Ē said Joseph Daniels, the foundationís president and chief executive.

Just operating the two massive fountains that mark the spots where the twin towers once stood will cost another $4.5 million to $5 million annually, said the foundationís spokesman, Michael Frazier.

Foundation officials didnít respond to requests for information about other costs at the site, including the anticipated expense of running the museum, which is still unfinished and might not be anytime soon.

The museum was supposed to open this month, but construction all but ceased a year ago because of a funding squabble between the foundation and the Port Authority of New York and New Jersey, which owns the land the memorial sits on.

Daniels said it will take at least a year for the museum to open once construction resumes, meaning the site may not be fully complete until at least 2014.

The failure to open the museum on time has thrown off the foundationís financial planning. Officials had expected to use the museum, being built mostly with money from various government agencies, plus private donations, as its main source of revenue.

While visitors will be allowed into the above-ground portions of the memorial for free, the foundation plans to charge people to descend into the museumís exhibition space, where they will see portraits of the nearly 3,000 victims, hear oral histories of the tragedy and view artifacts such as the staircase World Trade Center workers used to flee on 9/11.

The admission price hasnít been set. Foundation officials say they may also charge a ďsuggested donationĒ where visitors would be allowed to enter for free but would be strongly encouraged to pay a yet-undecided amount.

But if the museum gets the 2 million visitors a year the foundation expects, a $12 fee, like the one charged at the memorial to the victims of the 1995 Oklahoma City bombing, would cover 40 percent of the operating costs. More money will be generated through fundraising and the sale of memorabilia.

In addition, the foundation and several elected officials have proposed that the American public pick up one-third of the operating costs.

So far, Congress has balked. A bill proposed by Sen. Daniel Inouye, D-Hawaii, that would have had the National Park Service contribute $20 million per year ran into opposition from Sen. Tom Coburn, R-Okla., who noted that the federal government had already spent $300 million on the project.

A National Park Service official, William Shaddox, testified at a hearing that $20 million is more than the agency can afford, and larger than the entire annual appropriation for nearly 99 percent of the parks in its system.


The Burning Platform

Started this thread Reply With Quote
The following user says Thank You to kbit for this post:


futures io Trading Community Traders Hideout > $60 MILLION PER YEAR TO RUN A F$#ING MUSEUM!!!!


Last Updated on September 11, 2012


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1500 prizes from Topstep!

February
 

Identifying Setups & Targets Using Profile Charts w/Trevor & Tradovate

Feb 25
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts