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September 17, 2008

Blogs Note Yankee Stadium Report, Taxpayer Rip-Off

Runnin' Scared [Village Voice blog]

In addition to citing Atlantic Yards Report and yours truly, Runnin' Scared offers this tidbit by way of the Windy City:

From Chicago, B12 Solipsism comments, "The swindle works so well because there is always a second-string city somewhere who can be used as leverage (like when the Seattle Sonics got moved to BFE Oklahoma ). If city governments stood strong, the owners of the teams would end up financing the stadiums... 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."

link

Posted by eric at September 17, 2008 6:38 PM