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By bigguy1231 (registered) | Posted May 25, 2010 at 02:39:29
BobInnes "Your last paragraph is stupid beyond comprehension. I would rather use my small mind to make baby but sustainable steps than to make colossal white elephants as promoted by some too-big-for-his-britches-guy who thinks that"Increased revenues as a result of those improvements pay for the improvements" Umm, this stadium is acknowleged to be a money loser not money maker. Subsidy, not revenue."
All stadiums in this country are money losers, just as most services provided by municipalities are. Even the Rogers Centre loses money. Municipalities don't build stadiums and arena's or any other recreational facilities to make money. They are built for the use and entertainment of the citizens.
BobInnes "You said: "Bankers and investors aren't stupid"??!!! You fool. Who got us into the mess that still threatens to take down our economies/ currencies? Did we not have to bail out all those smart investors who got suckered into buying ABCPs. Fact is, Mr. Know-it-all-economist-with-multiple degrees, such people run in herds."
What crisis are we in. The Canadian economy is doing just fine. We have no banking crisis and we have no debt crisis. As witnessed by the first quarter profits of Canadian banks our financial institutions are doing very well. The reason there was a crisis in Greece is that only 30% of the population pays taxes. How can you run a country with no income comming in. The ABCP problem was caused by American bankers and ratings agencies not Canadian institutions. My god man you have got to stop watching Fox news. Most of the problems you are citing apply to the States not us.
Comment edited by bigguy1231 on 2010-05-25 01:47:58
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