Did he start crying and bust out the onion dip?
I am no Barron fan. But I think he acquitted himself quite well. Not that I agree with his initiative - I do not. I just believe Barron made a plausible argument for his position.
I wonder where these folks would have gotten all that info wrt the Museum Project?
I am no Barron fan. But I think he acquitted himself quite well. Not that I agree with his initiative - I do not. I just believe Barron made a plausible argument for his position.
Other than the fact that he mouth-sh!t a cactus, I agree. The guy has a lot he is on the hook for, so I get his answers won’t be tight on every subject, but all he did is figuratively wave his hands in the air and mouth-fart, followed by the main course.I am no Barron fan. But I think he acquitted himself quite well. Not that I agree with his initiative - I do not. I just believe Barron made a plausible argument for his position.
So how much is coming from the university? Barron mentioned a fundraising campaign that brought in $17.1 million + $4 million from BTN.
He also said they have $50 million in artwork waiting to be displayed (which I find very hard to believe)
Just sell that, and you almost have the new place paid for!
It's not from the BTN per se. Nominally, it's taken from the conference's revenue distribution, which has a media rights component. However, as the Immortal Rod taught us, money is fungible, so, in the end, Fats is tripping it from the Athletic Department (e.g. it might as well come from football ticket sales). What the Fatman failed to mention is that this money could go to other priorities, like some of the stuff that CJF wants for the football program, investment in the basketball program, construction of the Anne Saunders Barbour Swimmin' Hole, or, perish the thought, the Uinversity's General Fund.
Appraisal probably comes from the same consultant that projected attendance at the new museum.
I guess we know where the Paterno Statue's future home will be.The damn "500,000 visitor" thing was hilarious.
He thinks the arboretum is going to be a big draw to out of town visitors? If there’s anything Pennsylvanian’s are deprived of it’s the limited ability to see trees and bushes in ‘Penn’s Forest’.
So Palmer apparently now gets 100 visitors a day- (about 36,000 a year) but he expects building a new museum will suddenly bring in 500,000?
Finally, I think he’s spending too much time in Pittsburgh. People don’t want to go to expensive games without ‘something for the family’? So, once we get a new museum everyone will want to go buy expensive PSU football tickets because they can take the kids to the museum before the game?
I agree. The politician had a point but he let Baron off the hook. Primarily, I suspect, because most politicians are superficial, non-critical thinkers. He SHOULD have grilled Barron but did not.The damn "500,000 visitor" thing was hilarious.
I don't know how the panel managed to not laugh out loud.
And the "Not one penny from the general funds" bit..... why the Rep didn't grill his ass - IDK - but he should have. Maybe he felt bad for the bloviating f^ckwad.
"So, Eric, all that debt that is being taken on for the project..... while you may put that on "another budget", where does the $$$$ come from to pay it off? You still feeding bullsh^t to that Cash-Crapping Unicorn you have up there in Old Main?"
I agree. The politician had a point but he let Baron off the hook. Primarily, I suspect, because most politicians are superficial, non-critical thinkers. He SHOULD have grilled Barron but did not.
Folks, this is Ahab. And the museum is his Moby Dick. You can see it in his eyes as he desperately tries to justify it. 'Best museum between Pittsburgh and Philadelphia.' Holy f***. Also, where did $50mm worth of art come from? Is this a few Warhols? Maybe a couple Picassos? Or a few thousand pieces of nothing? It's embarrassing to watch.
Totally agree Art. But politician could have made a name for himself if he really grilled him. But once he got through with his staff-written talking points, he had nothing further.True, but reality is that there is nothing he can do vis a vis the museum project. However, it's performances like Barron's that help explain why Harrisburg isn't particularly generous when it comes to appropriating money for PSU.
He also said they have $50 million in artwork waiting to be displayed (which I find very hard to believe)
Just sell that, and you almost have the new place paid for!
Barbara Palmer gifted her art collection to Penn State last year. I have no idea how it was valued but it a large collection and includes an original Georgia O’Keefe. O’Keefe paintings have fetched over $40M at auction.
https://news.psu.edu/story/587164/2.../palmer-museum-art-announces-landmark-bequest
The arboretum is a nice place. But good riddance, no one is planning a trip there around a football weekend.
Also note how he waffled when asked if he would charge admission or not. You have an $81 million museum all figured out but don't know if you're going to charge admission?
No see, you are planning to charge admission but didn't want to admit that because that'd spite your 400k estimate.
Folks, this is Ahab. And the museum is his Moby Dick. You can see it in his eyes as he desperately tries to justify it. 'Best museum between Pittsburgh and Philadelphia.' Holy f***. Also, where did $50mm worth of art come from? Is this a few Warhols? Maybe a couple Picassos? Or a few thousand pieces of nothing? It's embarrassing to watch.
The robber barron is a nitwit and only worried about building on his legacy and getting out before the student aid bubble bursts. The penn state business plan is not sustainable and this project is just another example of their irrational exuberance. Spend, spend, spend. Hire, hire, hire.... What about his royal garden that’s currently being built? I’m in tourism and there is no way that type of visitation will take place in SC. None. Not even that many students will visit it. Oh, and how about the $60m parking lot? The Pitt President looked very amused.Quick math says 1370 people have to visit this pork 7 days a week to reach 500,000 annually. That's just crazy.
They should sell it to fund the museum.I have no idea how it was valued but it a large collection and includes an original Georgia O’Keefe. O’Keefe paintings have fetched over $40M at auction.