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December 08, 2019, 10:21:39 pm
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Author Topic: Philmont Scout Ranch  (Read 216 times)
heironymouspasparagus
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« on: November 22, 2019, 09:02:53 pm »

Maybe not exactly politics...

Boy Scouts of America has mortgaged Philmont Scout Ranch to cover the costs of the molestation events in the past.  Words cannot convey how wrong this is.  I am reminded of the sorry management at Sears a couple decades ago that led to their destruction.   Deja Vu all over again....

https://www.yahoo.com/news/boy-scouts-mortgage-vast-mexico-194942764.html


"A Scout is Trustworthy..."   Current management has failed in their duties.

(loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty brave, clean, and reverent...)

« Last Edit: November 22, 2019, 09:06:24 pm by heironymouspasparagus » Logged

"So he brandished a gun, never shot anyone or anything right?"  --TeeDub, 17 Feb 2018.

I don’t share my thoughts because I think it will change the minds of people who think differently.  I share my thoughts to show the people who already think like me that they are not alone.
Conan71
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« Reply #1 on: November 28, 2019, 01:34:43 pm »

Maybe not exactly politics...

Boy Scouts of America has mortgaged Philmont Scout Ranch to cover the costs of the molestation events in the past.  Words cannot convey how wrong this is.  I am reminded of the sorry management at Sears a couple decades ago that led to their destruction.   Deja Vu all over again....

https://www.yahoo.com/news/boy-scouts-mortgage-vast-mexico-194942764.html


"A Scout is Trustworthy..."   Current management has failed in their duties.

(loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty brave, clean, and reverent...)



Considering the Cimarron, NM economy is highly dependent upon Philmont, it's concerning to us.  It was a pretty hot topic in our brewery last week, but those who work at Philmont don't seem concerned about the future of the ranch, just the fact that BSA mortgaged this without consulting the Ranch Committee.  

I'm rather surprised the bank loaned at a rate of roughly 3100 per acre considering larger ranches sell in the neighborhood of $500/acre, that's really sticking their neck out there.  There are great improvements and structures at camp HQ, but I'm still not sure it would bring $440M in a foreclosure fire sale.
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"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first” -Ronald Reagan
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