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VanemadUuemad
There’s a rumor circulating that The Estonian House is close to being sold.
The key word is RUMOUR, not fact
It's not RUMOUR. They are desperately trying to keep it all underwraps, but, it is difficult to keep something as significant as this a secret, especially when it is such a violation of the conditions of the Resolution and the good faith of the shareholders and community.
I am amused by letter signed by anonymous shareholders . This group would benefit from being patient. Any deal needs to be preceeded by the appropriate due diligence. With complex deals this takes time . I am in favour of taking the time to let the appropriate analysis be done. From my perspective, the Concerned Shareholder have limited experience with deals, and limited understanding of what due diligence encompasses. I am not impressed.
Is lecturing the community about patience appropriate given that the EM board has fumbled and farted around for 10+ years and has blown at least a hundred thousand dollars that could have been used for community programming on endless studies? If you participated in community activities, you would know what patience actually looks like.
Following comedian Ron James to sum up, what has much-touted pride got to do with grand theft and usurped power supported by culture vultures who think nothing of Estonians sticking it to Estonians?
Here from a review about Estonian pioneers in Alberta (Freedom, Land and Legacy, EWR 01.05.13) is a sample of what can pass (without vigilance) as “appropriate”:
“...While the Aboriginal peoples were driven to starvation, denied mobility, machinery, licenses and permits, and the legal right to organize, the early Alberta Estonian settlers endured such widespread practices as the sale of insurance and title to land that did not exist, the sale of machinery vital to increasing the proportion of cultivated land that would, however, not work long enough to pay back the debt allowable with land deeds, and market dumping of products below cost by big companies to drive out small farmers. One old Alberta Estonian settler explains in a letter: “I don’t think you know how farmers are cheated here, and how their money is extorted. I personally have lived through three big extortions”.
Oh, the possible irony as regards the health and well-being of the community.
Here from a review about Estonian pioneers in Alberta (Freedom, Land and Legacy, EWR 01.05.13) is a sample of what can pass (without vigilance) as “appropriate”:
“...While the Aboriginal peoples were driven to starvation, denied mobility, machinery, licenses and permits, and the legal right to organize, the early Alberta Estonian settlers endured such widespread practices as the sale of insurance and title to land that did not exist, the sale of machinery vital to increasing the proportion of cultivated land that would, however, not work long enough to pay back the debt allowable with land deeds, and market dumping of products below cost by big companies to drive out small farmers. One old Alberta Estonian settler explains in a letter: “I don’t think you know how farmers are cheated here, and how their money is extorted. I personally have lived through three big extortions”.
Oh, the possible irony as regards the health and well-being of the community.
Samalt IP numbrilt on siin varem kommenteerinud: Questions (18:04)
To "Patience" - it is unfortunate that the other deals were aborted. Due diligence takes time and involves costs. Both necessary. I am waiting for the community meetings. Let's see what we are told. I am a glass half full type. Optimistic that we will have a new community centre.
Samalt IP numbrilt on siin varem kommenteerinud: Observer (19:58)
So the same people who complain about due diligence having being aborted and money “wasted” are pushing to abort this due diligence process and waste money?
The November due date for Due Diligence is long past. Annex residents were told that shovels are to hit the ground at Madison in the fall. Shareholders are taking steps to take back control.
Dear observer, You will never get a new building. The best that you can hope for is a old revamped "monks" house with a little addition at the back. Even that is doubtful since the funds will have been wasted on the team of "specialists", and there will be no funds left to build anything new. The only winners are TC and ECU who will get their parking lot.
Well said, Voter! It truly is the best that Observer could hope for. Another possible outcome is no new Estonian House at all, and the various user groups scattering to the Latvian house facility and various church basements. I would not be surprised if a law suit arises also.
The problem is not the Estonian House in Toronto, it is the very passive Board of Directors who have allowed themselves to become puppets for the Credit Union, Foundation of Canada and Tartu College. Check out the website for the Estonian House in Chicago, established in 1967, and see what a difference people make in the community. http://eestimaja.com/about/chi...
Personal ambitions are breaking apart our community.
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