My gripe is the principle of the thing.Can you say a little more about this? Why the gripe? What principle? StephenThe principle of saving or spending money as I see fit. Yes but one may never require the services of the police department/Fire Dept. directly but they nevertheless receive massive collateral benefits economically, socially, etc.. The same could be said for Art or Sports.
I don't like professional sports, however your delineation here Doug is very subjective. I think a panel of well reasoned individuals could handily argue that both Public Sporting events and Art Museums are equally valuable to a culturally balanced society. Ergo...they both deserve public funds.Well, sure it's subjective, but I think there's some good reasoning behind it. Not to say it isn't debatable, of course. To be clear: I'm talking only about pro sports, not casual sports in the sense of having public parks for playing ball or even National Parks for personal recreation. But the bigger point here is that professional sports is self-funding: it makes tons of money from advertising, ticket sales, etc. So in that sense it doesn't need public funding. It's like movies or most TV. It's pure entertainment that people already pay for and that is in fact very highly lucrative to its owners. Putting public funding there just amounts to subsidizing some billionaire's already-hefty paycheck.
Now this kind of social welfare bothers me.
Looks like the company is not going to be part of the lawsuit.
http://dealbook.nytimes.com/2013/01/09/a-i-g-says-it-will-not-join-lawsuit-against-government/?hp
Take care,
Derek
Looks like the company is not going to be part of the lawsuit. http://dealbook.nytimes.com/2013/01/09/a-i-g-says-it-will-not-join-lawsuit-against-government/?hp Take care, DerekDiscretion is the better part of valor........
My gripe is the principle of the thing.Can you say a little more about this? Why the gripe? What principle? StephenThe principle of saving or spending money as I see fit. Well, I don't really see why you should be able to spend all the money you receive (before tax) on what you see fit. That wouldn't seem moral in principle, unless perhaps you argue that would serve society best as well as your self somehow. And I can't see that it would work, there is lots of stuff we need that individuals left completely to their own devises probably wouldn't spend on. Stephen :grrr: We don't get to spend before taxes, so that's out of the question; like I said, the way I want to do (some) things is different from the way they are done.
Anyboy read the article?
Anyboy read the article?Well, you linked to a 'premium article' which requires payment. So other than the first two paragraphs? No, I haven't. ;) Take care, Derek
Doug-But the bigger point here is that professional sports is self-funding: it makes tons of money from advertising, ticket sales, etc. So in that sense it doesn't need public funding. It's like movies or most TV. It's pure entertainment that people already pay for and that is in fact very highly lucrative to its owners. Putting public funding there just amounts to subsidizing some billionaire's already-hefty paycheck.I agree. I think that might go on in other "arenas"(pun intended) as well to varying degrees. Subsidizing.
Sorry group, didn’t realize it was a premium article, (I have a subscription) I’ll have to watch that in the future. :red: