The key word here in my book is "loan". Yes, it is
interest-free, which does involve the loss of bankable
monies, but isn't this a far better deal than any that
the Twins have ever proposed? Isn't it far better than
the crappy deals we were given for the Target
buildings, the Federal Reserve or Northwest Airlines?
When I think back on the origination of the term
"corporate welfare" I remember how PO'ed we in the
progressive community were by the disparity between
the virulent opposition the business community and
other conservatives were over social safety net
programs and business subsities, which were never
challenged. That's why the term was coined. Never did
I think it would become a knee-jerk reaction against
all uses of public funds to aid private entities.
Call me a big spending liberal (no, please do, cause I
am), but I have no problem advocating for more funds
for affordable housing, environmental clean-up, mass
transit, education...AND giving an interest-loan to
the Minnesota Twins for a stadium which I and many
others will enjoy for years to come.
Loki Anderson
[EMAIL PROTECTED]
Minneapolis
--- Eva Young <[EMAIL PROTECTED]> wrote:
> At 10:50 AM 5/1/01 -0500, Gene Martinez wrote:
> >Steven,
> >
> >Any funding proposal involving a new Twin Stadium
> involves an interest free
> >loan from the state. This is a HUGE subsidy worth
> hundreds of millions of
> >dollars over the life of the loan, so user fees
> alone will not finance a new
> >stadium.
> >
> I think Republican Steve Sviggum has said it the
> best, this is not part of
> the role of Government.
>
> What bothers me about this also, is I think there
> are issues that
> legislators and City Council people should be
> focusing on. Stadium issues
> tend to dominate legislatures and City Councils and
> suck the life out of
> other issues.
>
> Eva
> Eva Young
> Minneapolis, MN
>
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