Quoting Walt Cygan <[EMAIL PROTECTED]>:
> I watched the end of the Twins win yesterday with mixed emotions. On one > hand, I felt great for the over-achieving players, who weren't given a > prayer of winning. Great stuff. On the other hand, as Hocking was > squeezing the third out, Carl Pohlad was probably thinking that he could > get an extra $25 million for the Twins now. [snip] [BV] I had the same knot in my stomach. > > This community ownership thing is really a bad idea, more so if > governmental units are involved in any way. [snip] [BV] Yah...the public can ELECT to purchase stock in such an enterprise, but our pension funds/mutual funds/state investment dollars should be left alone. > > If you believe the owners' complaints about the river of red ink on > their profit and loss statements, what happens when the $300 million > stake is eaten up in operating losses [snip] [BV] Could these losses be part of an ENRON-esque accounting system in the OPPOSITE direction in an attempt to drum up some sympathy for "gazillionairres"? Perhaps they add in all the deprecitation early and UNDERestimate revenues in their forecasts? > Using governmental entities to front for this bad investment would be > really irresponsible. [BV] I was a New York Mets fan when I was a kid and went to the games even though they were in the cellar during the seventies. Green Bay hasn't always been a great team either. I think hat if the enterprise was sound and the fans weren't thinking they were bankrolling Carl Pohlad's heirs that folks would come irrespective of their performance. That's just me, though... I wouldn't necessarily link attendence to the performance of the team in every situation. Carl Pohlad has really alienated Minnesota baseball fans with his rhetoric and threats and MLB removed some fans from the equation with the LAST strike, but with the recent labor agreement and a franchise owned by people in the community, I think that Minnesota baseball would recover. Bob Velez Shingle Creek Ward 4-1 -- Citizen Bob Velez Green Party endorsed candidate for Hennepin County Commissioner, District 1 AFSCME (Local 34) ENDORSED http://www.webspawner.com/users/citizenbobvelez/ _______________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls
