07-04-2008, 03:30 PM | #41 | |
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This argument has been refuted in many studies. It's so discredited no one made it this time in Seattle. The bottom line is the NBA takes more from cities than it gives.
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07-04-2008, 04:08 PM | #42 | |
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Of course the Lakers aren't paying a fair rental rate, a high enough rate to enable the owners of the arena to retire any debt and otherwise amortize cost of the building and make a profit absent taxpayer subsidy. That's how it works in the real world.
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07-04-2008, 05:03 PM | #43 | |
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Now you are asserting that muni bonds are indicative of deep local taxpayer involvement. So that brings us back to my question....if someone is a tenant...a renter....on land that was in part financed by muni bonds, you are claiming that taxpayers subsidize that person's salary? How so? You are all over the map and going in the wrong direction. Now you cannot even cover your tracks coherently because you are blatantly contradicting your own posts. UtahDan's smart list is getting shorter by the minute.
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07-04-2008, 05:42 PM | #44 | |
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Also I believe pro teams are of cultural benefit to a community. Because of this benefit, I don't have a problem with some public financing of arenas, but the lion share needs to be the burden of the franchise. There are also numerous examples of privately financed stadiums (i.e. AT&T Park in SF). It a great example; privately financed with some re-development loans from the city.
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07-04-2008, 06:02 PM | #45 | |
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07-04-2008, 06:16 PM | #46 | |
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Interrupt all you like. We're involved in a complicated story here, and not everything is quite what it seems to be. —Paul Auster |
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07-04-2008, 06:34 PM | #47 |
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For the record, I am strongly opposed to public financing of stadiums for pro sports teams.
Screw them. |
07-04-2008, 06:38 PM | #48 | |
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Is Paul Allen an uninteresting contributor to the city? How was Benaroya Hall funded? I'm asking because I don't know, but I imagine some of the money was public.
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07-04-2008, 07:43 PM | #49 | |
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Did you know evey time there's a big rain storm raw sewage overflows into Puget Sound? How about we fix that first? Most people don't live and die by their sports teams. They have a passing interest at most. Can you list the last ten NBA chamions? Most people can't, and don't care. I hope you aren't suggesting public assistance for a symphony Hall justifies subnitting to owners' extortion for public handouts. The symphony raises money through donations. It's recognized as a form of higher education. Musical education is a demonstrable aid to brain development. The symphoy doesn't threaten to leave, extort money. Ot doesn't grossly overpay its performers. They are fiscally responsible. If Benaroya Hall doesn't get some public assistance there's no symphony because most people aren't equipped to process high culture though our aim should be to expand this form of enlightenment. There's not much enlightening about an NBA game.
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07-04-2008, 07:47 PM | #50 |
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As for Paul Allen, comparing how he and Bill Gates have spent their billions is an interesting contrast. Paul Allen is a big adolescent near as I can tell. The world wouldn't miss him, unlike Bill Gates.
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