Colts’ stadium short on horse sense

Written by Kurt St. Angelo


Continued from page 1

But here’srepparttar real crux. The RCA Dome is perfectly good as it is, except for one basic flaw. No,repparttar 125895 flaw is NOTrepparttar 125896 size ofrepparttar 125897 Dome. Although it isrepparttar 125898 smallest inrepparttar 125899 league at 57,900 seats,repparttar 125900 Colts barely sellrepparttar 125901 Dome out even with ticket prices just belowrepparttar 125902 league’s average of $54.75.

The problem withrepparttar 125903 RCA Dome stems from how NFL teams share revenue. Owners keep their revenues from private luxury suites. Atrepparttar 125904 Dome, Colts owner Jim Irsay has 104 suites. The league’s most profitable franchise,repparttar 125905 Washington Redskins, has 280.

Irsay seeks a stadium with enough suites to give him a shot at a medium profit relative torepparttar 125906 rest ofrepparttar 125907 league. He would have already moved his franchise to Los Angeles had that city promised him a stadium with enough suites, which it could not afford to do.

So he and his franchise are leveraging Indianapolis and our state government into building him a stadium by 2008 that merely gives him more profit potential. Ironically, Irsay’s best selling point is that he will not also holdrepparttar 125908 city hostage by making it guarantee thatrepparttar 125909 suites it builds him will be sold. Huh? Until then,repparttar 125910 city expects to pay him at least $36 million to keeprepparttar 125911 Colts in town.

Compare this torepparttar 125912 real costs of a new stadium. Its $500 million price tag can triple byrepparttar 125913 time its bond is paid. Forrepparttar 125914 400 permanent jobs thatrepparttar 125915 stadium creates andrepparttar 125916 hundred or so new suites that are created, that amounts to a public investment of over $1 million per job and $3 million per luxury suite. Plus, we will build a stadium with no more capacity thanrepparttar 125917 original Hoosier Dome and, fromrepparttar 125918 looks ofrepparttar 125919 design, one with lousy viewing for NCAA basketball.

That’s maddening. Our elected officials are about to build another obsolete stadium with limited capacity, a poor configuration and an exorbitant price tag. They will again saddle us with public debt that is tall on political horseplay and short on horse sense.

Attorney, screen writer and former chair of the Libertarian Party of Marion County.


Whose Values Are They Anyway?

Written by Virginia Bola, PsyD


Continued from page 1

So what does that say aboutrepparttar current state of U.S. morality? We are not all depraved, immoral, addicted to pornography, nor necessarily in favor of public sexual displays. We are simply curious people who are still in a reaction phase to a long history of sexual repression. Afterrepparttar 125894 strait jacket ofrepparttar 125895 puritan period andrepparttar 125896 social constraints ofrepparttar 125897 following 300 years,repparttar 125898 pendulum is swinging as it always has. It makes a wide arc until slowly returning torepparttar 125899 center.

Those who openly seek to legislate morality would do well to recallrepparttar 125900 disastrous social experiment of prohibition, imposed by a righteous and vocal minority, and its permanent legacy of crime, murder, and corruption.

Virginia Bola is a licensed clinical psychologist with deep interests in Social Psychology and politics. She has performed therapeutic services for more than 20 years and has studied the results of cultural forces and employment on the individual. The author of an interactive workbook, The Wolf at the Door: An Unemployment Survival Manual, and a monthly ezine, The Worker's Edge, she can be reached at http://www.virginiabola.com


    <Back to Page 1
 
ImproveHomeLife.com © 2005
Terms of Use