It was the Dallas baseball team, not Houston.
On Jul 16, 2006, at 9:05 AM, Michael Perelman wrote:
There have been a number of studies on the rationality of using tax
dollars to create sports stadia. I don't know of any that indicate
that
it is a winning proposition for anyone but the team owners.
That is why the Houston Astros recruited the vice president's son
to be
there front man. I believe that was Bush's only successful business
venture, since it depended upon influence and connections rather than
business sense.
Seth Sandronsky wrote:
What of the private/public funding for sports venues as a factor
increasing
the capital invested in pro sports? Consider this. The well-heeled
owners
of the Sacramento Kings are angling via "the executive committee"
for tax
dollars to build a new arena
<http://www.sacbee.com/content/news/story/14278700p-15087496c.html>.
--
Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901