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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: FreedomForAll who wrote (86331)	9/14/2007 4:02:59 PM
From: benwood	Read Replies (1) \| Respond to of 110194

I completely agree... the massive stadium subsidies help suck the life out of the arts/theater world and they are simply tranferred to ballooning player salaries. A few years ago I did a simple study that showed MLB salaries had been going up 19% per year compounded annually for 20 years. It's like the housing subsidies and loan shenanigans -- short term "help" leads to much more expensive houses and they end up being just as hard to afford as before.