No... actually it's just scuttlebut as Ken originally pointed out, unless you can verify that who you heard from, has real information.

As for shutting down the Nats (Jim sighs, trying to remain calm ) ....

I think the Nats are in a rebuilding phase.
Personally, I see no issues with running the Nats at a small deficit, not only as a service to modellers, but as an investment in the future. MAAC is not a for-profit organization, it is a service organization. Services cost money. It's nice when you can recover some costs, even nicer when you can turn a profit... But that seems very difficult these days.... why should MAAC be "raked over the coals" for what so many other service organizations have failed at?

If you'll allow me to draw a parallel, I've had a little experience at getting new companies "off the ground". Any company who's prospetus claims to turn a profit within the first 18 months, is probably not worth investing in as it's too good to be true. I think it's unfortunate that many expect to simply turn the switch on, and have a large event like this be a financial success out the door. Competing at a Nationals is not something individuals simply show up to like a funfly. It takes preparation .... for example, I wasn't ready to compete at this level this year, I couldn't get my work schedule co-ordinated to allow me to be there, let alone have a documented aircraft (and myself) ready.[]