Sidney leaders react to Fox News story saying Cabela's sale caused them to lose everything
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- Опубліковано 15 вер 2024
- City leaders in Sidney are speaking out after a Fox News segment aired this week on Tucker Carlson. In the piece, it puts Paul Singer in the cross-hairs for buying up large shares of Cabela's, and then encouraging a merger with Bass Pro Shop. Once the $5.5 billion deal was closed, approximately 2,000 Cabela's jobs disappeared. Carlson reported that Sidney lost everything, the city collapsed, and deemed Singer's actions to result in the death of Sidney. However City Manager Ed Sadler, Economic Development Director Melissa Norgard, and Mayor Roger Gallaway say new businesses are continually opening up shop in Sidney, families are moving to the area, and Sidney continues to have small town values with big time opportunities.
I worked at Cabela's and granted it's not dead but it is not like it was. Property has dropped in value. My house alone has dropped 10,000.00
I'm guessing the government employees were not the one's seeing a pay cut.
"From six figure salaries to five figure salaries"
IN OTHER WORDS, TUCKER WAS RIGHT.
And how ambiguous! That six figure to five figure drop could range from $999,999 to $10,000. More realistically, $120,000 to $16,500. That’s more than a little!
Randy Wiggins more like $150,000 - $95,000 I have no sympathy
In all reality it went from 5 figures to nothing for the mass majority
What do you expect them to say. "Don't move here because our town is dead".
Sounds like a local news station trying to cover its ass after failing to do its job and Tucker stepping in and doing it for them. This station went out and found the only two people who would say, “Oh no, everything is fiiiiiine here! No worries! We lost 2,000 jobs in a town of 6,000 but no biggie! We’re grrrrrreat!”
I grew up in Sidney most of it is true but when this happened many families were stuck because property values sank. People who got out were hurt badly but they were families who moved into a house only losing around 100 thousand in cash.
Im from ther . Lodgepoles my home town . A lot of buissness tried ta set up out ther . Winnebago tried to set up out ther late 60s . The ppl a the town decided they didnt want the kind of ppl the buiss would bring in . Voted against em . Just example ! Lived ther quite a while . Little goverments almost more corrupt than big brother ! 3 , 4 ppl run it all . Ther only concerne is them selfs ! Cabelas was just some more icing on the cake ! I know a few ppl that would gladly leave . But getting half what they paid fr ther house ta leave dont work . Thats the first thing kids do out ther when they turn 18 . Get the F outta ther !
As a city manager he is obviously going to say what he did. The fact is that the buyout did devastate Sidney. Not only Sidney but several smaller towns around it that supplied a percentage of Cabela’s workforce as well. He can dress it up as much as he wishes but everybody around the local area knows what it did.
Tucker didn't say Sidney was dead. He said it was decimated. Big difference. Also Paul Singer, the man who forced the merger, likes to sue people who are critical of his actions. And people are afraid of him.
He actually said it was "desiccated" (IE: "dried up"), which is actually more mild than "decimated" (IE kill/destroy/remove), so your point is actually stronger than you thought.
Homes are selling Mr Sadler? I just checked Zillow. I certainly wouldn't want to relocate my family from Sydney right now. Those homes are just sitting and cutting their asking price. Those homeowners are likely upside down in their loan. Very sad that the leadership there can't be compassionate for the plight of his constituents.
this is as also called being under water,, thats when the value of the house and selling cost of the house is to the amount you still have to pay on your payment plan is a far much more in debt. the selling price of a home here in sidney is where you are going to lose out big time when and if you put your house up on the market. by the way my legal name is bobby patty ann dunn,, a legal name change in memory of patty who i and her being together in a relationship,, patty passed away from heart failure. any how i live with my present girlfriend and we committed to each other. well her and i do live here in sidney and her and i wouldn't be losing that much money to make the move to live in a actual city that does have a lot more to offer. remember we would still need to carefully make the transition to be smooth. things like finding a buyer for the home we are currently living in. securing where you are going to be living at in the place you are moving to,,, and also remember that means finding a new job. also don't forget the packing and loading up the biggest straight frame u haul truck that they have and a rental trailer for hauling 2 cars. i am getting tired of the drama in sidney. to me this is town that i can say that i want to spend the rest of my life in. my girlfriend and i would love to move and to live in a actual city. i used to live in madison wisconsin for most of my life and i got many very nice friends there and they treat me with nice respect. i've introduced my girlfriend to my friends back in madison wisconsin during the times i took my girlfriend with me and to visit madison and my friends respect my girlfriend. i would love to see me and my girlfriend to be living in a place that has much more to offer and also better people who that are friendly and respectful. life is to short,, you want to make the most out of it.
72 houses for sale in a town of 6000 people? Thats a lot.. Our town has 150 houses for sale and its 75,000 people..
Plus that was its lowest number in a while there was a point in 2018 where we were close to 200 homes for sale many had to jump off the market sand others just abandoned there homes.
Nobody is moving out because the property value has drop so much they can’t afford to sell their home.
of course sidney is not dead but losing 2000 jobs in a small community of sidney? Tucker's right.
2000 jobs out of a total population of around 6000. TOTAL population. Not the number of working-age adults, TOTAL population.
If your city manager goes on TV and says that losing two thousand jobs, in a town with a total population of only six thousand people is anything short of a really big deal.....it's time for a new city manager.
COWARDS...TUCKER IS RIGHT ON TARGET
Exactly right...and these hedge fund managers are no different than mafia thugs. They may not be putting a bullet in your head but they destroy and decimate your livelihood to the point that you may just as well be dead.
Look on Zillow, few more than 70 homes for sale. This guy drank the kool aid.
One question for Sydney: Has the property value gone up or down?
Yes property values have gone down across the board and the total tax base from sales to property tax has also been affected
Only 70 houses for sale, but how many people own those homes and are unwilling to accept the tiny prices offered because of the severely depressed housing market.
Ya theres only 71 or 72 houses for sale ( the rest are in foreclosure).
Less competition is never good for the consumer.
Time will tell the real truth
THIS IS BEN SASSE'S DONOR,. MATT INNIS 2020
Sidney Nebraska my hometown my family was one of few who wasn't affected by the Cabela's buyout.
Ed Sadler sounds very scared in this interview. Just hear the inflection in his voice..
Beware of sharks..Their pyschopaths with no emotion/empathy.
If these people were animals, they'd be euthanized. An animal acts on instinct, devoid of any moral compass. These hedge funs managers are sociopaths / psychopaths and are a threat and danger to normal people.
that close-up in the closed theater showing mission impossible rogue nation was quite good
I live near Sidney, work at Cabela's and no, the theater is not closed. Just sayin' ...
City leaders. Lol.
Lmao you can just hear and read the corruption in their words.
Paul Singer is Amish.
Ha ha! I needed that laugh this morning!
Hahaha! Thanks for the laugh. I needed it this morning.
@@Imnotyourmamaluke Lol you're welcome. I've been waiting for a correction comment so I can emphatically disavow.
@@jasonludwig2488
The reason there's two of basically the same comments is my first one didn't show up after I checked twice. I believe Mr. Singer belongs to the same international clique that has control of UA-cam. It's striking the template they use in almost everything they do. It destroys everything. Take care.
@@jasonludwig2488
One more thing. The city manager, Ed Sadler's last name sounds like he may be a fellow "Amish" trℹbesman himself. I would love to know the ethnicity of the thousand new residents that moved into the town are, but I guess that would make me sound racist when all I am is inquisitive. Sorry to harping on this.
Typical political dodge.
city managers will always say what he said.
OK, I'd like to see real data on population, salary, general income, new business, and the size of the tax base before and after. Of course, neither Carlson nor the Mayor are providing any of that. Meaning both stories are probably fudging for effect. From what I can gather, losing 2000 jobs from a population of about 6000-8000 could not have been good. New businesses would help, but did they replace all of those jobs, first of all, and do those jobs pay comparably to the ones lost? Given that he said many had to go from six-figure to five-figure incomes, which, as someone already pointed out, encompasses a pretty big range, this seems unlikely.
I smell BS !
SIDNEY HAS NO JOBS
SIDNEY HAS NO JOBS OR ANYTHING ELSE.