Patriots: For over 26 years, your generosity has made it possible to offer The Patriot Post without a subscription fee to military personnel, students, and those with limited means. Please support the 2024 Year-End Campaign today.

October 29, 2020

A Black Mark for Norfolk

Norfolk is showing once again that those whose interests are backed with money have no problem pulling the levers of power.

We live in the era of Black Lives Matter, where every organization is falling over itself to be politically correct and avoid becoming a target of cancel culture over real or imagined discrimination against people of color.

Associating yourself with an outwardly racist group that threatens to expel members who commit the sin of marrying a Black person is unthinkable, right? Wrong — if you happen to be the city of Norfolk.

Remarkably, the Virginia city is going all-in with plans to award naming rights and a sweetheart, sole-sourced development contract to an Indian tribe called the Pamunkey, which members of the Congressional Black Caucus have chided for racist practices going back two centuries. Months ago, I wrote a column noting that something about Virginia’s gaming bill seemed fishy; the facts that have since come to light show that the deal stinks.

On Nov. 3, voters in Norfolk will decide in a referendum whether to allow a casino to be built on the Elizabeth River. The future casino will purportedly be developed and managed by Pamunkey. Voters are being told that the casino will directly support this small tribe, which has been spending hundreds of thousands of dollars on ads and lobbying. It is curious that nobody — not the media, policymakers or the Pamunkey themselves, are talking about the actual terms of the deal backed by a shadowy Tennessee billionaire named Jon Yarbrough. Voters in Norfolk know almost nothing about Yarbrough, and he intends to keep it that way.

A simple search reveals that Yarbrough was ranked 370 on the Forbes list of 400 wealthiest Americans. Forbes also revealed he gives very little of his estimated $2 billion away, awarding him a philanthropy rating of 1 out of 5.

According to an interview, it is curious then that an out-of-state billionaire suddenly “fell in love” with the Pamunkey tribe. Obviously, it has a lot to do with the fact that Virginia handed over 40% of its statewide gaming rights to the tribe. There would be nothing wrong with a developer supporting a tribe in a casino venture, provided it was a fair deal for a Native casino. In Norfolk, it will be neither.

A typical Native casino development is built on a reservation. Under federal law, no one but the tribe can own it, and the federal government has the responsibility of protecting the Indians’ interests to make sure they get a fair deal. Through the Indian Gaming Regulatory Commission, the government must approve any agreements with third parties to ensure that the funds go to the overall benefit of the tribe for things like education and healthcare.

Usually, the developer working with the tribe is limited to a 5 to 7-year deal, during which time the outside party can earn no more than 30% of income. When the term is up, the developer must exit, with all economic benefits going to the tribe.

Apparently, that just was not enough for Yarbrough. He got the Pamunkey to agree to a commercial (non-Native) ownership structure, stripping the Bureau of Indian Affairs and the National Indian Gaming Commission oversight over the deal to ensure the tribe is treated fairly.

Switching to a commercial casino freed Yarbrough from federal oversight of his pact with the Indians. In the end, the Pamunkey have been used to argue for, and receive, exclusive rights to build a casino in Norfolk. The game plan fast-tracked into place by a litany of lobbyists and accommodating officials eager to make deals guaranteed Yarbrough will reap any real rewards indefinitely while weakening protections for the Pamunkey.

To top it off, the Pamunkey are indebted to Yarbrough for millions of dollars to pay for all those ads and lobbying to support casino gambling in Virginia. Furthermore, according to their horrendously lousy deal, the impoverished tribe being used as a front for the transaction will have to borrow hundreds of millions more from Yarbrough at high-interest rates to get the casino built.

Industry insiders call this a loan-to-own scheme. Yarbrough gets the tribe so indebted to him for the development costs and makes the interest payments so high that the casino’s entire cash flow goes straight into his pocket.

While this apparent exploitation of an Indian tribe — even one that has taken the shocking step of seeking to prevent associating with Black people — is unfortunate, the ultimate losers are the people in Norfolk. Subverting an open, transparent and fair process that enables the best proposal to win, competition has been squelched in favor of a bet that is far from a sure thing.

With literally hundreds of millions of dollars in tax revenues at risk for Norfolk and the Commonwealth of Virginia, you would have thought that a measured and carefully considered approach would have been the preferred course.

Instead, Norfolk is showing once again that those whose interests are backed with money have no problem pulling the levers of power.

COPYRIGHT 2020 CREATORS.COM

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the Tunnel to Towers Foundation, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.