Since we’ve just watched this year’s Super Bowl, this is a good time to remind ourselves that billionaires have found one more way to fleece the public: sports stadiums. And if we don’t play ball, they’ll take our favorite teams away.
Ever notice how there never seems to be enough money to build public infrastructure like mass transit lines and better schools? Yet when a multi-billion-dollar sports team demands a new stadium, our local governments are happy to oblige.
