A Stitch in Haste

A Stitch in Time Saves Nine...But Haste Makes Waste

A collection of real-world libertarian, individualist and laissez-faire rants on law, economics, politics, culture and other current events
by an average, everyday lawyer & investment banker and part-time pop scholar.

Curbed Enthusiasm Over West Side Stadium's Demise
(Why aren't you reading this at the new website?)

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It would have been nice if the death of the West Side Stadium proposal had come at the hands of a libertarian politician who stood firm against demands for taxpayer subsidies to rich private interests (i.e., the New York Jets), who rejected the fraudulent arguments of the boondoggle's supposed "benefits" as mere Broken Window Fallacy, and who proudly ridiculed the notion of a "rooting tax."

Instead it was petty politics. New York State Assembly Speaker Sheldon Silver had a price, unknown to all but the other power brokers. Mayor Bloomberg either couldn't or wouldn't pay that price. The back-room "I'll support your nonsense if you support my nonsense" maneuvering broke down. The stadium -- and almost certainly with it Bloomberg's asinine pursuit of the 2012 Olympics -- are dead, dead, dead.

Right result, wrong reason.

Sigh.
Posted by KipEsquire on 6 June 2005


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