« Very unusual news!! | Main

May 11, 2017

Comments

Jim Fuquay

I offer much appreciation for the suggestions and conclusions in this op/ed piece. For the many observations you made I no longer indulge myself in pro sports and rail against all efforts to get the taxpayers to fund the whims of the moneyed class.

MonotonousLanguor

It is interesting to note the recent announcement of Marsh and HH Gregg going into bankruptcies. Per WIKI > On December 17, 2007, hhgregg signed as one of 14 founding corporate partners for the Lucas Oil Stadium, home of the NFL's Indianapolis Colts.

Articles are written about how the rigors of the Capitalist system in one way or another determined the fate of Marsh and HH Gregg.

The World of Crony-Capitalism has no such rules. The Colts and Pacers are perfect examples. The costs of building and maintaining or upgrading stadiums are socialized the profits are privatized.

Crony-Capitalism goes beyond the Colts and Pacers. Some companies are selected for state or local "Help" (translation some subsidy) and others are not. The government it would seem has the power to discriminate - you get a subsidy and you do not.

Natacha

With all of the promises of rich returns justifying expenditures of taxpayer money-- for example, professional sports teams, charter schools, voucher programs, TIF handouts, tax abatements, training grants, and tax subsidies as examples, you'd think Indianapolis would be thriving: excellent schools, quality infrastructure, low property and other taxes, no urban blight, etc.. The reverse is true.

A friend of mine sincerely believes that politics is all about funneling tax dollars into the pockets of cronies and family members, and that politicians will say and promise anything just to get elected, but, at the end of the day, it's just about who gets to help themselves to the money. I'm beginning to believe him.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name is required. Email address will not be displayed with the comment.)