Re: Call Detroit. Tell them bankrupt!!!
This is ridiculous:
http://money.cnn.com/2013/07/26/news/economy/detroit-bankruptcy-arena/index.html?hpt=hp_t2
I don't know when cities are going to learn that taxpayer funded arenas don't pay for themselves. All those hucksters who sold us supply side economics 30 years ago now work the for the sports arena industry. If you already have an arena, how the hell is a new one going to generate a billion dollars in additional revenue? Gimme a break.
This is ridiculous:
http://money.cnn.com/2013/07/26/news/economy/detroit-bankruptcy-arena/index.html?hpt=hp_t2
I don't know when cities are going to learn that taxpayer funded arenas don't pay for themselves. All those hucksters who sold us supply side economics 30 years ago now work the for the sports arena industry. If you already have an arena, how the hell is a new one going to generate a billion dollars in additional revenue? Gimme a break.