"philo" wrote in message
...
The news is telling me that funding is being /cut/ for education and a
BILLION dollar sports arena is in the works.
Considering the state of public education it's one of the most shameful
things that local governments do. The studies I have seen repeatedly show
that these deals where the local government pays (or helps pay) for a
stadium almost NEVER work out well for the taxpayer. The jobs created are
seasonal and low-paying (hawking peanuts) and big money often leaves the
state in form of player's salaries and gate receipts.
Yet local governments get blind-sided time and time again because their
lawyers are no match for the NFL and others who do these kind of shady deals
all over the country. These shysters are very experienced in making stadium
contracts LOOK favorable to the local government but are riddled with
"escape" clauses benefitting team owners and very rarely the taxpayers:
How the NFL Fleeces Taxpayers - The Atlantic
http://www.theatlantic.com/magazine/...payers/309448/ - Cached -
Similar
Sep 18, 2013 ... Taxpayers fund the stadiums, antitrust law doesn't apply to
broadcast ... Any deal
you make in that world doesn't make sense from the way the rest of us look
at it. ...
A new government entity, the Santa Clara Stadium Authority, is borrowing
$950 ...
Should something go wrong, taxpayers will likely take the hit.
Sports, Jobs, & Taxes: Are New Stadiums Worth the Cost ...
http://www.brookings.edu/research/ar...mer-taxes-noll - Cached -
Similar
State and local governments pay even larger subsidies than Washington. ...
Unfortunately, these arguments contain bad economic reasoning that leads to
.....
Abuses from exorbitant stadium packages, sweetheart leases, and footloose
franchises have left ... Almost always these provisions do not prevent a
team from
moving.
Football: A Waste of Taxpayers' Money | TIME.com
ideas.time.com/2013/12/06/football-a-waste-of-taxpayers-money/ - Cached -
Similar
Dec 6, 2013 ... When the Minnesota legislature signed off on its stadium
deal for the Vikings ... of
Independents: How Libertarian Politics Can Fix What's Wrong With America.
......
Less people are paying the local government to park, frequesnting the ... It
is
always hilarious when someone claims their opponent has "no clue ...
Why Do Mayors Love Sports Stadiums? | The Nation
http://www.thenation.com/article/......ports-stadiums - Cached -
Similar
Jul 27, 2011 ... Stadium Status: Why Are Taxpayers Funding Billionaires'
Stadiums? ... the same
discount stores and fast-food joints that lined Market Street before the ...
relocation threats to get the city of Pittsburgh to help fund a new hockey
arena, ...
Yet even stadium critics in local government say that the sway provided ...
Public Financing of Private Sports Stadiums - Outside The Beltway
http://www.outsidethebeltway.com/pub...orts-stadiums/ -
Cached - Similar
May 23, 2012 ... Such arguments are always trotted out for these sweetheart
deals, but the ... Even
worse, taxpayers still service debt on now-demolished stadiums, including
.... And
we shouldn't forget that local governments often employ .... I had no
objection to a
temporary sales tax increase to pay for the park" GW Bush.
Oh, good: more sports teams asking taxpayers to pay for their stadiums
http://www.motherjones.com/.../cleve...aliers-indians - Cached
May 6, 2014 ... The Marlins Park fiasco created such a backlash that local
voters rebelled ... How
the Atlanta Braves' Proposed Stadium Deal Could Screw Their New Home ... Too
bad she can't afford a good car. ... And it's always full of people. ...
This is the logic
used to justify all government spending: "it pays for itself.
Public Financing of Vikings Stadium a Bad Deal for Fans, Taxpayers ...
http://www.cato.org/.../public-finan...fans-taxpayers -
Cached - Similar
May 23, 2012 ... Public Financing of Vikings Stadium a Bad Deal for Fans,
Taxpayers ... Such
arguments are always trotted out for these sweetheart deals, but the
evidence ...
And we shouldn't forget that local governments often employ ...
From:
http://www.google.com/search?q=deals...+for+taxpayers
--
Bobby G.