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Subsidizing billionaires is a ‘Monumental Outrage”
It was truly a fluke for me to turn on MSNBC around 8:45 last night and catch the Last Word with Lawrence O’Donnell as his commentary ripped cities providing corporate welfare for pro sports billionaires. As he called it taxpayers are footing the bill for “their playpens.”
During his commentary Mr. O’Donnell cited taxpayers paying 100% of the $312 million for the Packers stadium, $262 million of the $312 million Heinz Field in Pittsburgh and shifted his focus to the NY Jets and NY Giants, each of whom is playing on the same field in Secaucus, New Jersey.
They demolished the original stadium, built a replacement on the same plot of land and turned the former field into a parking lot while the taxpayers of New Jersey are left with an unpaid debt of around $110 million dollars on the original stadium.
Larry then shifted his remarks to LA, the City of Angels, where there is a proposal in which the city is to lease valuable land in downtown LA for $1 per year along with an obligation to fork over $350 million from the sale of Bonds for this proposed stadium while the city cannot afford to pay its public school teachers.
Those of us who have been trying to shut down bogus redevelopment agency activities for over two decades may have a new supporter in our fight. My first surprise was Congresswoman Maxine Waters a few years ago followed by governor Jerry Brown this year.
Watch and hear Mr. O’Donnell’s MSNBC remarks on corporate welfare here:
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Larry,
Although you and I share the same zeal to expose the redevelopment agencies for the land-grabbing thieves they are, please don’t consider Maxine Waters an ally, under any circumstances!
Great special comment from Lawrence.
You see, it’s not always easy to split people up by sides any more. A lot of us on the left are just as opposed to waste as some of you on the right. It’s politicians in the mushy middle, with not as much moral bearing, who love to ride gravy trains.
You should make it less of a “fluke,” Larry, to sometimes turn on MSNBC, especially Lawrence. You can learn something. (God knows I suffer thru plenty of FOX, whenever I visit my parents.)
Vern.
When it relates to the many hours we spend protecting perfect strangers private property rights I would argue that the vast majority of victims are Dem’s who lack the resources to fight for themselves and call upon us.
Don’t really get the point of this non-sequitur, but… thanks for helping people, Brother Larry.
Vern.
My point is that while I am a registered Republican, there are many of us who do not care about your race or ethnicity as we fight to save your homes and businesess from government takings against your will.
You earlier pointed out that there are many people who are opposed to waste. We agree.
The other day a local news station ran a puff piece about how no public funds would be used for the LA football stadium. What a joke.