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Reader: Manitou's deal with Mr. Anschutz




A more appropriate headline for the article in the Gazette, titled "Manitou approves tax breaks for cog," would be "Manitou approves tax breaks for multibillionaire." How does an independent, risk-taking brilliant entrepreneur buy a 126-year old iconic money-making top tourist attraction and run it into the ground during his seven-year stewardship?

Some of his key successful businesses are entertainment, tourism, and railroads — yet Anschutz can't manage 9 miles of track without "incentives" from the residents of Manitou? Guess he needs our help — and a non-profitable private venture becomes revivable only when townsfolk agree to take on a portion of the investment risk.

— James Jordan, Colorado Springs

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