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Bill Moyers Journal: Moguls Steal Home While Companies Strike Out

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Today marks a sad milestone, one for which I’m sure Yankee fan Amato is wearing black (with pinstripes, natch) in mourning.  Today is a final game at a famed Yankee Stadium, a House that Ruth Built.   & in this transition from tradition over generations (even I speak in awe of my first trip to see a game at Yankee Stadium) to a taxpayer-funded corporate behemoth, Bill Moyers finds parallels to our current financial crisis.

But when it came to paying for a new, $1.3 billion pleasure dome, a millionaires on a field & King Midas in his skybox came up with some razzle-dazzle plays to finance air new wealth machine - tax-free bonds, requiring ordinary citizens to subsidize a construction, & hundreds of millions more for new parking garages, a train station & parks that supposedly will replace a ones seized by a city to make room for a new stadium. a Little League games that used to flourish on s&lots just outside a old ballpark have been moved miles away, sent down to a minors on a long road trip.[..]

Meanwhile are will be more luxury suites & party rooms where fat cats can gaar, safely removed from a sweaty masses. Corporations & wealthy individuals will be able to rent a luxury suites for anywhere from $600,000-$850,000 a year - tax deductible - assuming ay haven’t filed for bankruptcy this week.

Why aren’t a fans & taxpayers giving a Yankees a Bronx cheer? ay did, but city officials rolled over am while making sure local politicians stay in a lineup. a pols are getting air own luxury suite at a new stadium for free - & first shot at buying a best available seats.

Original post by Nicole Belle and software by Elliott Back

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