Rigged: The Injustice of Corporate Welfare

[brewster]

Sports Stadiums are a great example of Corporate Welfare.

Another good case study is the government in Vegas giving its children an unlubricated ass-thumping for benefit of the Gayders and the rest of the NFL.

Raiders’ move to Las Vegas is corporate welfare at its finest

Yes it is corporate welfare but it is also an investment. Every transaction in that place or about that place you get a piece of be it in taxes or as a landlord. Indoor arenas are licenses to print money.

But the Raiders is not indoor.
Sports stadiums do not generate significant local economic growth, Stanford expert says
http://news.stanford.edu/2015/07/30/sta ... ll-073015/

This one is about indoor
https://www.theatlantic.com/business/ar ... ms/260900/

[clubgop]

Another good case study is the government in Vegas giving its children an unlubricated ass-thumping for benefit of the Gayders and the rest of the NFL.

Raiders’ move to Las Vegas is corporate welfare at its finest

Yes it is corporate welfare but it is also an investment. Every transaction in that place or about that place you get a piece of be it in taxes or as a landlord. Indoor arenas are licenses to print money.

But the Raiders is not indoor.
Sports stadiums do not generate significant local economic growth, Stanford expert says
http://news.stanford.edu/2015/07/30/sta ... ll-073015/

This one is about indoor
https://www.theatlantic.com/business/ar ... ms/260900/

Wasn't arguing local economic growth. It's about attracting people who pay taxes. As for the indoor arena

Jobing.com Arena is guaranteed 41 hockey games annually. The other 324 nights, it must find concerts, conventions or other events to fill the schedule, and in Glendale, where the arena competes with facilities in nearby Phoenix, that can be tough to do.

"We've looked at tons of these things, and the one that we found that seemed to make sense is the Staples Center in Los Angeles," Matheson said. "But they use it 250 dates a year. They don't make sense when you're using it 41 times a year and competing with another venue down the street."

From their own article. Yeah that not gonna work out, but everywhere else.

[heydaralon]

Welfare for corporations is a step in the right direction, but I would like to see more corporate EBT. How much do you think Uncle Sam loads up on that card every month?

[Fife]

Self-Proclaimed Fiscal Conservative County Supervisor Pitches Nation's Most Expensive Minor League Stadium

"Fiscal Conservatism" means something a bit different within about 100 miles of the Swamp.

[Ex-California]

Yes it is corporate welfare but it is also an investment. Every transaction in that place or about that place you get a piece of be it in taxes or as a landlord. Indoor arenas are licenses to print money.

But the Raiders is not indoor.
Sports stadiums do not generate significant local economic growth, Stanford expert says
http://news.stanford.edu/2015/07/30/sta ... ll-073015/

This one is about indoor
https://www.theatlantic.com/business/ar ... ms/260900/

Wasn't arguing local economic growth. It's about attracting people who pay taxes. As for the indoor arena

Jobing.com Arena is guaranteed 41 hockey games annually. The other 324 nights, it must find concerts, conventions or other events to fill the schedule, and in Glendale, where the arena competes with facilities in nearby Phoenix, that can be tough to do.

"We've looked at tons of these things, and the one that we found that seemed to make sense is the Staples Center in Los Angeles," Matheson said. "But they use it 250 dates a year. They don't make sense when you're using it 41 times a year and competing with another venue down the street."

From their own article. Yeah that not gonna work out, but everywhere else.

The general income of Las Vegas for those 10 home games (8 regular season, 2 preseason) in addition to the multiple college regular season games and bowls it will hold (think of how many are at Jerry's Palace) is going to be HUGE. Like YOOOOOOOOOOOOUGE. Think at least 10 extra big fight weekends. It will be a huge boom for the local economy in Vegas

[clubgop]

But the Raiders is not indoor.
Sports stadiums do not generate significant local economic growth, Stanford expert says
http://news.stanford.edu/2015/07/30/sta ... ll-073015/

This one is about indoor
https://www.theatlantic.com/business/ar ... ms/260900/

Wasn't arguing local economic growth. It's about attracting people who pay taxes. As for the indoor arena

Jobing.com Arena is guaranteed 41 hockey games annually. The other 324 nights, it must find concerts, conventions or other events to fill the schedule, and in Glendale, where the arena competes with facilities in nearby Phoenix, that can be tough to do.

"We've looked at tons of these things, and the one that we found that seemed to make sense is the Staples Center in Los Angeles," Matheson said. "But they use it 250 dates a year. They don't make sense when you're using it 41 times a year and competing with another venue down the street."

From their own article. Yeah that not gonna work out, but everywhere else.

The general income of Las Vegas for those 10 home games (8 regular season, 2 preseason) in addition to the multiple college regular season games and bowls it will hold (think of how many are at Jerry's Palace) is going to be HUGE. Like YOOOOOOOOOOOOUGE. Think at least 10 extra big fight weekends. It will be a huge boom for the local economy in Vegas

They gonna hold big fights in an outdoor stadium? I don't know about that.

[Ex-California]

Wasn't arguing local economic growth. It's about attracting people who pay taxes. As for the indoor arena



From their own article. Yeah that not gonna work out, but everywhere else.

The general income of Las Vegas for those 10 home games (8 regular season, 2 preseason) in addition to the multiple college regular season games and bowls it will hold (think of how many are at Jerry's Palace) is going to be HUGE. Like YOOOOOOOOOOOOUGE. Think at least 10 extra big fight weekends. It will be a huge boom for the local economy in Vegas

They gonna hold big fights in an outdoor stadium? I don't know about that.

No, the amount of fans coming to the football games and Vegas in general on home game weekends is going to be the equivalent or greater of a big fight weekend. 10 home games a year

Not fights at the stadium

[SuburbanFarmer]

It's pretty common to rush to blame the mean old greedy sports team owner, as if he was stealing from the taxpayers with a gun.

Nay, nay. It takes the fatass writing the check out of the working stiff's ass to make it work. He's the one with all the guns. Legalllll guns.

Without a doubt it takes 2 to tango, but it's not too hard to push the buttons of politicians worried about the next election. This is the same methodology that public worker unions use. It's essentially blackmail. The only defense is truly not giving a shit about re-election because the mayor that loses the team is in deep trouble.

So that's an excuse?

If that's the case, what's the remedy?

Term limits.

[Ex-California]

Without a doubt it takes 2 to tango, but it's not too hard to push the buttons of politicians worried about the next election. This is the same methodology that public worker unions use. It's essentially blackmail. The only defense is truly not giving a shit about re-election because the mayor that loses the team is in deep trouble.

So that's an excuse?

If that's the case, what's the remedy?

Term limits.

Single terms