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BA$EBALL

Michael considered fate at 11:42   |   Permalink   |   Post a Comment

Despite the inability of government to do things like complete public works projects on time or fund public services, they nevertheless manage to finance part of the new baseball stadiums in New York, which are magically built in less than a year.

So far, the Yankees have gotten $900+ million in tax-free bonds, and $200 million in subsidies.. and they're still asking for more. Meanwhile, the city has built new parking garages, parkland, and more to the tune of $300+ million. I love me some baseball as much as the next guy, but come on.

This New York Times article from last year explains how these teams have benefited from the tax-free bond scheme.

If, however, you just don't care and you'd rather drool over the new digs, the New York Times has some great panoramic shots of both the new Yankee Stadium and the Met's Citi Field