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Taxpayers are on the hook for billions of dollars worth of new sports arenas as 2023 yields one new project every month
Fortune ^
| December 24, 2023
| DAVID A. LIEB
Posted on 12/25/2023 11:02:15 PM PST by MinorityRepublican
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To: MinorityRepublican
2
posted on
12/25/2023 11:04:40 PM PST
by
E. Pluribus Unum
(The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
To: E. Pluribus Unum
Welfare for the rich. It enables horrible people like Dan Snyder to sell the Redskins for six billion.
3
posted on
12/25/2023 11:18:49 PM PST
by
laconic
To: MinorityRepublican
Seems like idiots are following Paul Krugman financial advice that it’s entirely possible to spend your way to prosperity.
4
posted on
12/26/2023 12:04:32 AM PST
by
Darksheare
(Those who support liberal "Republicans" summarily support every action by same. )
To: MinorityRepublican
Shyster developers, greedy sports franchise owners, and crooked politicians conspiring to fleece municipalities to finance their money-making scams was the topic of interest that brought me to this forum many years ago.
5
posted on
12/26/2023 12:07:18 AM PST
by
SpaceBar
To: SpaceBar; MinorityRepublican
Anyone else getting 2008 housing bubble feelings from the current economy?
6
posted on
12/26/2023 12:13:50 AM PST
by
Darksheare
(Those who support liberal "Republicans" summarily support every action by same. )
To: Darksheare
No subprime mortgages this time.
To: MinorityRepublican
True.
But something smells awful familiar with the setup on this.
8
posted on
12/26/2023 12:23:29 AM PST
by
Darksheare
(Those who support liberal "Republicans" summarily support every action by same. )
To: MinorityRepublican
It seems that many of these stadium projects are due to teams moving from Blue areas in decline to more prosperous and better run venues.
9
posted on
12/26/2023 12:40:25 AM PST
by
Rockingham
(`)
To: MinorityRepublican
Billions of $s in salaries and they can’t afford a roof over their heads.
To: MinorityRepublican
11
posted on
12/26/2023 3:32:47 AM PST
by
caver
To: MinorityRepublican
Just when I start thinking of watching sports on TV, I read this.
To: E. Pluribus Unum
13
posted on
12/26/2023 4:18:29 AM PST
by
PGalt
(Past Peak Civilization?)
To: Daveinyork
I will save you the trouble. It hasn’t gotten better since the last time you watched them. It was on at my house all weekend. We are paying for our own destruction. That and the continual foul language bleeps are just unwatchable. While we struggle to make ends meet millionaires and billionaires continue with their Marxist march of solidarity.
14
posted on
12/26/2023 4:28:15 AM PST
by
momincombatboots
(BQEphesians 6... who you are really at war with. )
To: MinorityRepublican
What condition are the freeways and surface streets of Chicago, Cleveland, Baltimore, and Buffalo in? How many shocks are worn out driving on those roads, and how much do drivers pay out of pocket for car repairs from these roads?
As for Atlanta, that metro area desperately needs an outer loop/beltway or bypass for the main Interstates passing through the city.
Public roads are a legitimate use of government money; huge arenas for sportsball are not. I despise Hollywood, but at least they do not demand government money to peddle their trash, and I do not have to patronize their movies.
To: E. Pluribus Unum
Thank you.
I was about to type exactly that.
16
posted on
12/26/2023 4:35:54 AM PST
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: momincombatboots
Oh well. Back to the British police shows.
To: SpaceBar
It brings to mind one of my old economics professors favorite sayings about “moving the public cow into the paddock for milking”. The apathy of tax payers seems to be a terminal condition.
18
posted on
12/26/2023 4:52:27 AM PST
by
Rlsau1
To: MinorityRepublican
The San Francisco Giants in 2000 proved govt involvement was not necessary, they built the stadium pretty much on their own with minimal tax involvement. Paid it off in 17 years and still have a beautiful stadium. As I recall the SF mayor and the California Governor were none to happy when in 2010 the first SF World Series when the pols asked for tickets were told to go to the window and buy their own.
19
posted on
12/26/2023 5:15:00 AM PST
by
Jolla
To: Rlsau1
It reminds me of the mega-projects began right before the Great Depression.
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