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Law, culture, and Catholicism...up in smoke!

Wednesday, January 31, 2007

Why Are We Worried Again?

Besides the unfortunate equating of a 30 minute or less pizza delivery guarantee to a guarantee of Mass attendance for college kids ("I am not a Pizza" buttons, anyone?), the article cited by Advocatus is telling in other ways.

The article makes clear that Phase I of Ave Town construction will end mid-July (with the exception of the oratory to be completed by Christmas).

That's less than 6 months away, right? Well what are we to make of these quotes, then?:

"There's no way someone could accuse me of being a billionaire anymore . . ."

But even more telling:

"By the time we're done, the land is not so cheap anymore," Monaghan said. "By the end of Phase I, I'm going to be pretty much tapped out for a while."

Remind me again why we are talking more about Mr. Monaghan pulling future funding, than his ability to actually meet his future promises if AMSL were to move to Florida? Are we really banking the future of AMSL on a real estate speculation? I hope not. I, for one, would like to see some solid figures regarding what percentage of future funding for AMSL is dependant upon Ave Maria Town succeeding. At the very least, I hope some portion of the amount promised for AMSL (like all of it) is already in an account gaining interest somewhere.