Equity Trading Platform

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Tuesday, 11 December 2007

Trump's Scottish Golf Resort

Posted on 13:01 by Unknown
I read in last Thursday's Chicago Tribune that Donald Trump is trying to build the "World's Greatest Golf Resort" in Balmedie, Scotland.

But the local planning commission wants to protect a scientifically important sand dune, and a scrappy farmer named Michael Forbes is refusing to sell his 23 acre property.

The commission voted to turn down the proposal because Trump wants to stabilize the sand dune by planting grass on it.

They say that Trump is the problem, because he won't negotiate.  He is just telling them to take it or leave it.

Forbes' property is right in the center of Trump's proposed 1400 acre site.  Trump has offered Forbes $750,000 for his property, which does not sound like much considering that houses on the golf course will start at $1 million each.

The article compares this scenario to the 1983 movie "Local Hero", which had Burt Lancaster playing a Texas oil tycoon trying to buy up a Scottish fishing village and turn it into a North Sea oil terminal.

Balmedie, however, is no fishing village - it is a suburb of prosperous Aberdeen.

One of the guys who is organizing the protest is Mickey Foote.  He runs a local waste management company, but is famous as the producer of "The Clash".  He thinks that the locals are in awe of Trump and think they will get to "rub elbows with Tiger Woods".

In reality, he said that these will be gated, private residences that will be off-limits to the regular Scots, who like to roam where they please.

Businesses are in favor of the deal, and it looks like the Scottish government may step in and overrule the local council.


Praveen's book and blogs:

Stock Trading Riches

Unix Simplicity

My Simple Trading System

Math and Logic Play

Email ThisBlogThis!Share to XShare to Facebook
Posted in Real Estate | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Awk Scripts For Compund Interest
    This post from my Math Play blog  shows the power of compound interest .   Now, I will give two awk scripts.  The first one (compound) ...
  • Practical Way to Simplify The Federal Tax Today
    As a first step, we should eliminate all deductions, except for: charity, mortgage, property taxes, and local taxes. This does not sound lik...
  • How Will The Presidential Election Affect the U.S. Stock Market?
    Ken Fisher is a billionaire money manager who writes a column for Forbes magazine. He recently had a column in which he wrote that a lot of ...
  • Combining Highs/lows and Moving Averages for Trading
    Moving averages are a very old and simple tool for trading trends.  However, they are also very vulnerable to whipsaws. They are also subjec...
  • Flipping Products Instead of Houses
    In the latest Carnival of Bootstrapping Entrepreneurs , there is an interesting article called "Flip This Product" . It talks abou...
  • Credit Card Reward Programs - Airlines Out, Cash is King?
    I have a lot of miles with American Airlines, and use an American Airlines mileage credit card, but I am re-thinking it after reading a rece...
  • The Sales Tax - Arguments, Hurdles, Supplements
    Most arguments against a sales tax is that the tax rate would have to be set high to replace the income tax, and that the tax would be regre...
  • IRS Places Wedge Between You and Your Accountant
    I was reading in Forbes Magazine that, starting January 1, the IRS is now enforcing a new rule that can cause your accountant to be less agg...
  • Project Management - Straight From the Horse's Mouth
    I believe a key reason for a lot of project inertia is this: we get stuck behind an expectation that projects should be planned in great det...
  • "How May I Serve?" The Market
    Economic Speculation is the economic principle that enables my simple trading system to work.   It can completely change your outlook to t...

Categories

  • Billionaires
  • Business
  • Entrepreneurs
  • Financial Crisis
  • Government
  • Hollywood Bollywood
  • Humor
  • internet marketing
  • Law
  • Marketing
  • Passive Income
  • Personal Finance
  • Personal Growth
  • Politics
  • Real Estate
  • Stock Trading
  • Taxes
  • Videos

Blog Archive

  • ►  2008 (252)
    • ►  September (25)
    • ►  August (27)
    • ►  July (23)
    • ►  June (37)
    • ►  May (34)
    • ►  April (36)
    • ►  March (34)
    • ►  February (22)
    • ►  January (14)
  • ▼  2007 (155)
    • ▼  December (20)
      • Gold Farming Causes Virtual Inflation
      • CNET Top 10 Tech Lists - the aftermath of the dot-...
      • Opening A Scottrade Account
      • Great Ron Paul Site
      • My Book Cracked the top 100,000
      • Free USPS Boxes and Pickup for Ebay Sellers
      • Power of Press Releases
      • 101 Dumbest Moments in Business for 2007
      • My Book on Yahoo Business News
      • A Big Business Opportunity
      • Sorry Slim - CompUSA Closing It's Stores
      • But Would Rudolph and Yukon Cornelius Wear Speedos?
      • U.S. Now Allows Pilots to Fly 'til 65
      • Will U.S. Shoe Tax Be Repealed?
      • Chinese Irony
      • Trump's Scottish Golf Resort
      • 5 year Freeze on Teaser Rate Mortgages
      • Lacy Underall and the Golf Lawsuit
      • Pay Per Play NetAudio Ads
      • Execution is the Key to Success
    • ►  November (13)
    • ►  October (14)
    • ►  September (4)
    • ►  August (9)
    • ►  July (7)
    • ►  June (13)
    • ►  May (15)
    • ►  April (10)
    • ►  March (28)
    • ►  February (11)
    • ►  January (11)
  • ►  2006 (71)
    • ►  December (12)
    • ►  November (8)
    • ►  October (26)
    • ►  September (9)
    • ►  August (8)
    • ►  July (4)
    • ►  June (4)
Powered by Blogger.

About Me

Unknown
View my complete profile