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LettersByPublished on October 26, 1995Ticket With a Grain of Salt Congratulations to New Times, Inc., on the acquisition of newspapers in Texas, California and Florida! The company won't expect to make a profit on those businesses, will it? And if something terrible happened, and those papers failed, I am confident that the fine people at New Times would pay every single vendor, large and small, out of their personal bank accounts, and would certainly never consider filing bankruptcy! I am looking forward to upcoming articles on other working people and small businesses screwed over by past bankruptcy filings by America West Airlines, Circle K and others. Good luck on those out-of-state nonprofit "only for the good of the people" papers. I know this sounds crazy, but there are nasty rumors around town that New Times' top corporate people, advocates of the regular people, have been seen wearing expensive suits! Michael Smith Eff" Word As a youngster in the '60s growing up in rural Arizona, I remember being vaguely disturbed by these characters, too. They were never fully explained in advertising. Their apologetic lower-case names suggested a darker, more sinister conception--oh, well, at least the ice cream was good. Sam Reid Gov Story When Fife talks about being a victim of the real estate cycle, what isn't said is that many of us small investors, who could only afford "tax shelters" like two- and fourplexes, got killed in the '80s also--but "sucked it up" and paid off our mortgages even though values dropped, because the alternative was going "BK" and we didn't want to ruin our credit. Also our parents and grandparents, who taught us to do the right thing, would be turning over in their graves if we tried to save our butts by "Fifing" the other guy. Jim Foley Recently, the Supreme Court decided that Charles Keating would have to repay millions that he misappropriated or lost in the Lincoln Savings and Loan incident. A few weeks ago, Fife Symington essentially told the world that if it wants some of the $11 million that he "borrowed," well, it can just whistle for it. The daily press promptly started painting the governor as a victim. I suppose this means that if you want to be a successful thief, it helps to ply your trade from the comforts of the governor's mansion instead of a jail cell. Mike Robinson Sound Advice Here's my Electric Ballroom story. I went to see my friends in the band One, basically to find out why everyone was saying such horrible things about the place. I went fully expecting to have my ears blasted out and my retinas burned out. To my surprise, everything sounded great, the band played great and there were lots of people--all this after three months of people and bands telling me the place was a dump. Well, I had a great time, and I find myself there a lot. That's my opinion.
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