Paradisecity

I wonder when Impacto Deportivo called the 2000 presidential election?

The New Jersey Yankees. I would find that utterly appropriate.

It isnt just city dollars. It is federal money as well. There IS a "we in this." They even had debates about it on the national news channels. I'm not going to spend my time refuting stuff that you make up and think is true so look it up. As far as "complaining about the sox spending when they were renovating", it is more about the timing than anything. The yankees asked to have IRS rules changed just for them for their ballpark in the summer of this year after the economy had already started tanking. Then they signed 250M worth of players, shortly after the economy nosedived and in the middle of a complete market flux and in the same week asked for 200M more. If this had happened 1 year ago it would be one of those comments made in passing about how much they spend all this money and then ask for some of ours. Given the state of this country and its economy, however, it is a slap in the face to taxpayers who SHOULD watch their funding go elsewhere. And pinstripezac, your joke is still just as lame as UB40.

First- How much the Steinbrenners are contributing to this project is irrelevant. Second- if it DID matter, the rest of the dollars for this stadium have also been raised on taxpayer dollars, both locally and nationally. As of June they had already hit the IRS' cap for public debt in funding a stadium: http://www.nydailynews.com/sports/baseball/yankees/2008/06/12/2008-06-12_new_york_state_assembly_questions_yankee.html Steinbrenners aren't fronting this. We are. And if somebody asks me if I understand how something works (and misquotes some song that was written, ironically, by the same man who wrote our 7th inning stretch number) I'm going to respond. Get over it. Or, just get your facts right next time so that at least when you are trying to be a prick you can be a correct one.

Legal, yes. Risky? A year ago, people would have laughed at that word. Still now, most don't think so. Personally? I think there's about a 10% chance that the city won't get those dollars back. Further, you should take a look at the federal funds rate and infer what you can from it. I'll leave that to you. More importantly, though, at this juncture it is arrogant and despicable that an organization would build such an monstrosity when, really, they didn't need to, then overspend by millions to acquire what some see as risky acquisitions only to ask for cash to finance 20% of the entire project. Normal? Again- a year ago? Most would say sure, the really saavy would say don't. As of two months ago? This idea is close to unbelievable. This is why when someone like the Florida GM speaks up (albeit somewhat improperly) about the manner in which the Yankees are spending, it holds enough water to be taken seriously. Perhaps instead of trying to explain how the Yankees are attaining this money, you should start questioning the importance of the state of New York having 200M more in their budget for transportation, schools, and hospitals, particularly when the United States is going through the largest capital crisis incurred since the 70's (and in my opinion not even close to rock bottom). Cities and states are slashing funding across the board. They are doing this because of a capital shortfall - of which I hope you are well aware. These bonds you speak of are the backbone of developments that provide our basic necessities. If I lived in New York I would be livid about this. It pisses me off to see this living hundreds of miles away, understanding the effect on a macro level. Knowing that the majority on the bonds funding this stadium are actually financed by national taxpayers is even worse. If you don't get it then I'm sorry for you, but trust me- I understand exactly what this means.

Oh, and FYI... Red Red Wine is a Neil Diamond Song. And the cover is UB40, not Bob f***ing Marley.

Why would you question whether or not I know if the system works? I work for a company that provides financial metrics and market color to securities lending borrowers, agents, and lenders so that they can understand where the assets they are borrowing are going, what their return shall be as a result, and how safe they are in doing so. I understand quite well what asking for 200M in funding entails and requires a city to do. I also understand that in a time where lenders are tightening credit to the point where you'd have to s*** diamonds to get some, this is not a drop in the bucket. When a team has just spent a quarter of a BILLION dollars on two players, asking the taxpayers to fund 200M for a state of the art stadium is ridiculous and borderline insane, particularly when that stadium will provide little to no extra "value" to that particular city over the previous digs. Do YOU know "how the system works" ???

A new stadium that they are asking the city to help fund...

Hard to expect much from a group that has had like 78 linebacker injuries.

yeah- I'm a fan of normal font and color myself.

You mean the lack of capital letters and statements that deserve their own line? I find myself doing that sometimes too. I actively try to merge stuff now. But when you say stuff as important as these two, doesn't each thought deserve its own line?

Whats wrong with Crunch and Much? Crunchy is my favorite poster- he has been since the days of the Boston Herald forums back in 2004. Oddly enough I like pinstripezac as well.

Im not jealous at all of what the yankees have done so far. I think they are repeating their errors to a lesser extent in talent and to a greater extent in dollars in years, leaving their decision making on par with that made in the early years of this decade. The second half of a contract year is reason to pay out 5 years at 17 per?

Kilo- As much as I want those players, do we really need a lineup of names we can't spell? Salty Tex Pedroia Lowrie Jacoby Dice K Youk Bay, Drew and Ortiz are the only dead giveaways.

which they had gone to the exact same road shirts as the 80's. I really liked the lettering on those.

Karl and Kruk were standing and Kruk had his head down in his hands. They were mocking that the Peavy deal was "dead" calling it a sad day and stuff. It dragged on for a while.

Is anyone watching BBTN on ESPN2 right now? Very funny and unorthodox opening.

Is it just me or did they use Curt Schilling's body as a model?

Albatross contracts? You do realize that they are attempting to make the exact same mistake again, only for more money and more years for each player, right?

Paying 80 million dollars for Burnett? Cashman is going to make Corky Thatcher look like Stephen Hawking

And Manny too, apparently. Tex, however, will have a strong market.

The fact that it f***s over Manny makes me like it- for all other reasons its a good move for the yanks.

Anytime an agent keeps the dollar amount of a contract "under wraps", its because he doesnt want it leaking how badly the guy is going to do.