Interesting article in the New York Times about the Marlins stadium, saying how the taxpayers were taken, and the politicians who were for the project, were a bunch of fools (or crooks?)
Remember this at election time. I think it's important. While the NET offices and police officers are being let go, the money is going to the billion dollar owners and players and the taxpayers get nothing in return. Nothing, according to the New York Times.
From the article: “Even as the numbers got worse, the mayors viewed it as an unacceptable political defeat, so they continued,” said Dario Moreno, the director of the Metropolitan Center, a public-policy research group.
Your taxpayer money is covering three-quarters of the projected $645 million to $1 billion cost. In return, the city and county will receive NO new revenue from the park, but the Marlins can keep all the money from the 50 luxury suites, concessions, and advertising, and they keep all the money (up to $100 million) for the naming rights.
It's a bit late for Mayor Manny Diaz who left the city broke and in shambles, and now leaves laughing all the way to the bank, with his pension in tact, but keep it in mind for others who would like to be elected or re-elected.
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