Some additional reading October 3rd from 09:28 to 18:09: SuperSonicSoul on Economic Meltdowns, Stadiums, and NBA Owners – "The time has come for this country to quit subsidizing billionaires on the backs of taxpayers. If stadiums were such a great investment – as owner after owner tells city after city… Read more“Bookmarks for October 3rd”
Search Results for: stadium
Moguls Steal Home While Companies Strike Out
But when it came to paying for the new, $1.3 billion pleasure dome, the millionaires on the field and King Midas in his skybox came up with some razzle-dazzle plays to finance their new wealth machine – tax-free bonds, requiring ordinary citizens to subsidize the construction, and hundreds of millions more for new parking garages, a train station and parks that supposedly will replace the ones seized by the city to make room for the new stadium. … That’s okay, you may think, there will be plenty of room in the new stadium for the tax-paying public to come root, root, root for the home team – even the Coliseum in ancient Rome had bleachers for the commoners.
Bookmarks for September 17th through September 19th
A few interesting links for September 17th through September 19th: AmSpec Blog – AIG Thoughts – "Reuters, estimates that when you combine all of the bailouts and other rescue deals orchestrated in the past year, taxpayers could be on the hook for up to $900 billion. Now, all of those… Read more“Bookmarks for September 17th through September 19th”
Yankees screw New Yorkers
City and team: It’s not true The report, by the Assembly Corporations, Authorities and Commissions Committee, which Brodsky chairs, also says the city promised the stadium project would create 1,000 permanent new jobs in order to win approval for massive public subsidies, and that the actual number of permanent new jobs being created is 15.
…In this case, Mayor Bloomberg (and Rudy 9-11 before him) and the Yankees made all sorts of grandiose claims that the stadium would be a boon to the economy, and of course, it isn’t, and won’t be much different than the previous stadium, other than making more money for the owners.
Bookmarks for August 29th through August 31st
A few interesting links for August 29th through August 31st: Baby news strikes a chord: Politics | adn.com – Sarah Palin is allegedly eight months pregnant in this picture. Either she is wearing a corset, or she is lying, and the baby really isn't hers but her daughter's. Yankees will… Read more“Bookmarks for August 29th through August 31st”
Blue Dog Democrats and Their Master
Last night in Denver, at the Mile High Station — next to Invesco Stadium, where Barack Obama will address a crowd of 30,000 people on Thursday night — AT&T threw a lavish, private party for Blue Dog House Democrats, virtually all of whom blindly support whatever legislation the telecom industry demands and who also, specifically, led the way this July in immunizing AT&T and other telecoms from the consequences for their illegal participation in the Bush administration’s warrantless spying program. … There was a wall of private security deployed around the building, and after asking where the press entrance was, we were told by the security officials, after they consulted with event organizers, that the press was barred from the event, and that only those with invitations could enter — notwithstanding the fact that what was taking place in side was a meeting between one of the nation’s largest corporations and the numerous members of the most influential elected faction in Congress.
No, Johnny, No
The anointment of Mr Obama as the Democratic presidential candidate was, he added, “definitely a proud and successful moment for all the people of this country – not just black people, but Americans in general”. Berry, known as the “father of rock ‘n’ roll”, recounted: “In the Fifties there were certain places we couldn’t ride on the bus, and now there is a possibility of a black man being in White House.”