Why hasn’t Barry set up an escrow account where revocable donations can be made towards Paterno Field and we can see how much money is really out there?
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- Thread starter PSUFTG
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That would probably have to go thru the University so as not to fall afoul of the IRS.
No, you have shown that you have no clue at all around how much $ PSU would make in that endeavor...the fact that your calculation assumes that 50%/300k alums would give money to this cause shows that it's not based in reality (or anything approaching reality).
FWIW: As discussed earlier, if maximizing revenue is the primary goal (and everyone has their own thoughts and opinions in that regard), substantially higher revenue would be achievable without a penny of "alumni donations".
Don't confuse the BOT apologists (or is the right term fellatists) with facts
Far more stale than my comments are the comments by folks who won't let go of the past and keep harping on this JoePa bandwagon. It's old. It's tired. And you're doing nothing but hurting the university, which is far more important than any one person currently or formerly involved with said university.
You don't agree that no building should need a name, because I never said that, so you can't agree with something that I didn't say. That's how English works. And logic. Learn them both, please.
You have not shown how raising the "tiny amount of money" could have been accomplished while honoring Joe. You speculated wildly and baselessly. It was a foolish suggestion with no basis in reality. You HAVE shown, however, a willingness to spit on and violate JoePa's legacy by continually pushing for something he did not want. No means no. The sooner you learn that, the better off everyone will be.
Given that they are trying to kick Barry out of office, I'd be willing to bet that they'd not be interested in any of his initiatives.
Did he ask? I bet if he said ‘set up an account and $100M will be in it in 2 months’ they would be interested.
Did Jay ask? Or is it easier to just say there’s mythical money out there but not actually try to get it?
Given that they are also trying to remove Lubrano, who has given quite a lot of money to Penn State ... well, you do the math.
Ask Anthony if he fulfilled his financial responsibilities for the baseball stadium next time he shows up here.
I don't know if they asked do you? This is the problem we all have with the process and doing everything behind closed doors.
No he didn’t because if he did he would have said he did. He’s reading this thread so he’s welcome to comment on it if that’s wrong
Penn State trustee sues university, alleges retaliation
Alumni-elected trustee Anthony Lubrano says in a lawsuit that Penn State is retaliating against him for proposing “Paterno Field at Beaver Stadium.”
Barry, either go out there and raise money for something other than your legal fees or stop the BS. You had no problems asking for handouts while you sue the university, yet now you're telling us there's this mythical pile of money laying around 'if only;'.
Here's an idea, go collect pledges to name the stadium for Joe and see how much 'goodwill' there really is out there. Same thing for @Lubrano. Talk is cheap, go find the money if you're so sure this goodwill is out there.
I believe if you were active in an Alumni Chapter you would learn more of money lost.
Don't underestimate Barry's fundraising ability. He's reached his $20,000 lawsuit goal. If you consider that he's been in the financial services industry for 30 years, as he advertises, how the heck did he get $20,000 worth of handouts? He even accepts personal checks sent to his home address. What kind of rube would send a personal check donation to the home address of a guy who has spent 30 years as an investment advisor? I'm not saying that Barry will end up on an episode of American Greed, but rather that he has CHUTZPAH by the truckload! Don't underestimate Barry.
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I posted my opinion on the naming of the stadium earlier in this thread. Aside from all that, I just believe it would be nice for PSU to honor the late husband of the woman living at 830 McKee St. in State College.
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Then she should probably reconsider the university’s very kind offer to rebuild her late husband’s office in the sports museum. The ball is in 830 McKee’s court.
So prove it. You’re making the contention, so bring forward the evidence to support it. We know there was an offer for $50M over 15 years. It is incumbent on the challengers to put forth a better number or stop whining.
(I post this with full knowledge that you and your cohort will always choose the second option)
These guys love to talk. When it comes to actually finding the funding and getting actual, verified pledges all of a sudden it's crickets on naming this thing after Joe Pa. Finding the money/goodwill requires actual work, not grandstanding.
No joke, this is what Ted Brown came up with when pressed on it:
'The proposal also called for selling tickets to the field naming ceremony for $1,000, though, that number could be adjusted, and campaigning on the university’s willingness to embrace the Paternos, which Penn State has been hesitant to do since Joe Paterno was fired in the wake of the 2011 Sandusky scandal. Brown’s plan of selling those tickets to an at-capacity Beaver Stadium would pay for at least $110 million while campaigning to high-level and grassroots donors would scrape away at the other $100 million-plus total.'
It's a freaking comedy show. No actual money, just *trust me bro I can get 110k people to pay 1000 dollars to see a ceremony naming the field*. Freaking Ohio State tickets were selling for $125 day of, but somehow we're gonna get 8x that to put Joe's name on the field.
These are not serious people. Go raise $250 million you're talking about @Lubrano and then we'll talk. Otherwise you're full of ****.
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I had never seen/heard that before...but it's completely laughable. Any why stop at 1k? Why not declare that we could sell out the stadium for 7k/ticket to pay off the entire renovation?
Get back to me with something relevant - to MY statements (not someone else's) - after watching the meeting video and informing yourself
Can you point to me where in your meandering and bizarre comments to the board what superior valuation is available, and what dollar range that valuation might be? And, if you could, what research you have to support that? It wasn’t detailed anywhere in your comments to the board, and I don’t see it in this thread.
Because it sure sounds to me like you engaged in a series of speculative and spurious arguments that there’s some unknown but superior sum of money out there based on either trusting Anthony Lubrano and Ted Brown’s ludicrous proposal and valuation (an independent error in judgment in its own right) or it was pulled out of your rear end.
The opportunity is now to actually present that valuation. Prove that you’re right and the university is wrong and short-sighted! Isn’t that your whole project as a trustee? Proving that you’re the smartest guy in the room at any given time?
Don't underestimate Barry's fundraising ability. He's reached his $20,000 lawsuit goal. If you consider that he's been in the financial services industry for 30 years, as he advertises, how the heck did he get $20,000 worth of handouts? He even accepts personal checks sent to his home address. What kind of rube would send a personal check donation to the home address of a guy who has spent 30 years as an investment advisor? I'm not saying that Barry will end up on an episode of American Greed, but rather that he has CHUTZPAH by the truckload! Don't underestimate Barry.
Hey now ... you can't expect a lifelong financial advisor to be able to finance his offspring's educations on his own, can you? Just because he can't get his own financial house in order without grifting on the internet doesn't mean he doesn't know how to properly fund hundreds of thousands of other's educations. And just because he only cries about what others do, and presents no actual alternatives of his own, doesn't mean he doesn't know what he's talking about.
Your statements were devoid of substance. It was a filibuster. You presented nothing to refute. It was droning, repetitive nebulous whining. You acted like a spoiled, ignorant child who wanted a pony from his parents, but had no real idea how to acquire, board or otherwise care for said pony, but you hoped, by whining long enough, you'd wear them out.
You need to figure out how to present actual substantive alternatives, rather than just whine ignorantly about what others are actually doing. If you figure that out, you might be able to afford funding your children's educations without begging strangers for money on the internet.
What data and from what source specifically caused you to say:
'“We chose one that provided less money, and all those other things got kicked to the curb,” Fenchak said. “I don’t think it’s in the best interests of the university.”
How do you come to the conlcusion that it was 'less money?' What is the difference between what Penn State received and what tangible offer was out there?
What dollarized figure did you have committed to naming the field after Joe Paterno?
This is Barry, trying to justify his existence on the BoT, and as a financial adviser who can't figure out his own finances ...
Crickets from our board members on how much they’ve actually raised. Just openly lying to people.
I wouldn't pass it off as a bad idea. Clearly, it's too late now. But at 1k per ticket I would have purchased 3 (I'm not as affluent as some claim to be here) and retired. But, I'd have done it in a heartbeat for any serious ceremony that would have honored Joe and Sue.
Also somewhat on topic....I spent the worst money of my life paying to join "The Lions Den." For 60 years I thought I was a Penn State fan. The anti-Paterno sentiment there is toxic. Nasty, smart *** people. For their sake, they need to hope there is no such thing as karma. I thought I had accidently entered the Panther Lair. So sad. Perhaps "WE" truly don't deserve better.
The BWI fraternity of Joe Paterno haters is so small they now feel the need to create multiple new user names to make themselves feel like have formed a "Chapter".Getting better keep working at your trolling skills....
@Moogy = @NorthernStatePSU = @Corneliuswonder = @BlueRedBull = @Nothing Special =
@ThePennsyOracle is a moniker from the old board. I'm uncertain if the it's really him or if someone from the above list spoofed his name in their cause. That said, the former "PennsyOracle" didn't like Joepa either.
@StamfordBridgeVikingatLeftOffensiveTackle is a rather strange individual. He once proudly claimed to reside in State College yet dislikes anything "Paterno". Yet somehow he allowed one of his offspring to attend same. Disgruntled faculty member needing free tuition?
Do two or three JoePa (and Barry and Anthony) haters really represent anything?
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What was your name on the old board?The BWI fraternity of Joe Paterno haters is so small that they now feel the need to create new user names to make themselves feel like have formed a "Chapter".
@Moogy = @NorthernStatePSU = @Corneliuswonder = @BlueRedBull =
@ThePennsyOracle is a moniker from the old board. I'm uncertain if the it's really him or if someone spoofed his name in their cause. That said, the former "PennsyOracle" didn't like Joepa either.
@StamfordBridgeVikingatLeftOffensiveTackle is a rather strange individual. He once proudly claimed to reside in State College yet dislikes anything "Paterno". Yet somehow he allowed one of his offspring to attend same. Disgruntled faculty member needing free tuition?
Do three JoePa (and Barry and Anthony) haters really represent anything?
LOL ... that doof has a neverending list of former monikers ... so many that you just forget them ... he was PeetzPoolBoy, and the various iterations before and after that. He's even had a bunch of names on this board. He just couldn't stop himself from being a creepy stalker trying to dox people, and saying random psychopathic things. I've never seen someone so dedicated to something at which they were so bad.
I had a few...DingersforDayz...Simply Complicated.
You’re undoubtedly the best person to remind me of your others.
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