Friday, June 29

Eric's got some commentary about the stadium in Memphis. I've been thinking:

We in the US should do what Canadians usually do: no more public money for highest-level professional sports venues. If the owners are losing money, they need to pay their players less. That's the bottom line. As long as the market includes public money for stadia, the market will bear these salaries. Take out the public money and the market will readjust. That's what should happen.

Another point (and I'm shaky on the tax code here, so help me out if i need it): why do companies get to write off advertising? That why they can afford these luxury boxes that no one else can. And also the naming rights. The whole thing is getting obscene. I should just stop watching and following. We'll see...
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