Thursday, April 15, 2004
Want to Buy a Billionaire a Stadium?
From Neil deMause's Field of Schemes mailing list, here's a decidedly negative view of the Twins' proposed stadium from the Minneapolis-St.Paul alternative paper Pulse of the Twin Cities. Author Lydia Howell notes that while the state debates public funding to subsidize facilities for a baseball team owned by the nation's 88th wealthiest man (Carl Pohlad, $2.1 million) and a football team owned by the 224th wealthiest (Red McCombs, $1.1 billion),
"Minnesota has a $4.7 billion state budget deficit which is cited by Gov. Tim Pawlenty as the reason for spending cuts of $2.8 billion. The cuts include a 20 percent cut from Jobs and Economic Development, 49 percent from transportation, and 50 percent from funding for battered women and homeless shelters."
The Twins are also claiming, with no apparent explanation or justification, that a one-year delay in funding a ballpark would increase costs by $106 million, a two-year delay by $179 million.
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From Neil deMause's Field of Schemes mailing list, here's a decidedly negative view of the Twins' proposed stadium from the Minneapolis-St.Paul alternative paper Pulse of the Twin Cities. Author Lydia Howell notes that while the state debates public funding to subsidize facilities for a baseball team owned by the nation's 88th wealthiest man (Carl Pohlad, $2.1 million) and a football team owned by the 224th wealthiest (Red McCombs, $1.1 billion),
"Minnesota has a $4.7 billion state budget deficit which is cited by Gov. Tim Pawlenty as the reason for spending cuts of $2.8 billion. The cuts include a 20 percent cut from Jobs and Economic Development, 49 percent from transportation, and 50 percent from funding for battered women and homeless shelters."
The Twins are also claiming, with no apparent explanation or justification, that a one-year delay in funding a ballpark would increase costs by $106 million, a two-year delay by $179 million.
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