JoseCuervo
New member
/Originally posted by Rogue 6:
"Try looking up the definition of Capitalism. USO is a for-profit company, and as such, they have a fiduciary duty to maximize the long term sustainable value to their shareholders. As long as their management feels this is how it is best done, and their shareholders agree, their behaviour is rational"
EG, why not use this rational with: ranching, hydro energy, mining, logging, oil, coal, property developement and on and on.
A little bit of ethical ballance is a good thing. Most of us here like are stocks to go up, but at what cost. If I had stock in USO, (which is probably private not public) I would have already sold it. I, unlike the USO and there lawyers don't want fithy lucre.
R-6,
I am good with removing the cattle off of our public resources. You don't want USO making money on PUblic Lands and with Public Animals, I don't want Joe Welfare rancher doing the same.
C-Free,
I don't think you can use the entire $50million as a base, (there is ATV registrations, and boat licenses in it) and the Annual Reports don't break out enough detail. If you look at the cost of the resident tags vs. non-res tags, and figure a 90/10 split, I think you still see 50/50 funding.
I think where AZ got in trouble was the artificial caps on the non-resident tags. With Idaho selling OTC tags, we are probably not in the cross hairs of USO.