In response to yesterday’s post about the economic challenges facing horse breeders and all small businesses (and that is what almost all farms and horse breeders are), the discerning commentator Observer wrote:
I am not sure our state government will wake up in time to save our beloved horse industry.
Does Pennsylvania want Kentucky’s horse industry? They sure seem to be positioning and posturing for a run at it. And if not Pennsylvania what about Indiana?
I bet every day there is a breeder in Kentucky who looks at Indiana as an oasis for profit.
Several years ago George Steinbrenner told the political leaders of New York that he was considering moving the New York Yankees to New Jersey. Well those politicians were not about to call his bluff. They helped Steinbrenner build a new baseball palace across the street from the house that Ruth built.
Don’t think for a minute Mr. Beshear and Mr. Williams that Churchill Downs, Keeneland, Claiborne Farm, Three Chimneys Farm, Gainesway Farm and countless other historic breeding farms can’t move to Indiana or some other state. Because it can happen and it will happen without your help and on your watch.
Ouch!
The last paragraph is simply nonsense. Real Estate can be a goldmine, but it is not portable. The entities mentioned MAY move operations to another location, only if they are ready to abandon their best asset.
It might be a good thing for Kentucky horse business if Churchill Downs did move out. Then a group with principal interest in racing could take over and do a better job than a company solely interested in growth and a golden bottom line.
Some others mentioned might shift a stallion to another state, bring the mares back until near foaling, then send them back to foal in the other state. Foals would be reared in Kentucky. The mares would shuttle between both places. That way their land would continue to have some worth.
Of course, the other states might counter with their version of the silly Kentucky scheme, which requires mares to reside here year around. That is one big reason out-of-state breeders, who may prefer to use KY stallions, decide exercising their preference is too expensive.
So Garrett, we can plan on you turning the lights out, huh?