As we approach the City Council hearing on the proposed Yankee Stadium more and more people are weighing in on the less than transparent political process that seems to be characteristic of the Bronx. We are particularly amused by Andrew Wolfe's take on the Yankees and how it underscores the questionable nature of the entire process.
In Wolf'e view, the use of a community benefits agreement masks the extent to which a new Tammany-like "honest graft" is being created in the Bronx. Now Wolfe sees absolutely no merit in the desire of the community to preserve its parks ("environmentalists who view parkland as sacred in perpetuity..."). But he blanches at the shakedown of the Yankees.
As he points out, "To ensure the continued support of Bronx elected officials, a scheme has been concocted to have the Yankees set up a $28 million trust fund to be run by 'an individual of prominence' selected by a group appointed by Bronx political leaders." Wolfe rightly sees this for what it is-public policy for sale.
He also sites the support that Maria Baez gave to the BJ's project in the BTM development, a project that Wolfe approves, as the same kind of "honest graft." The entire CBA charade needs to be redesigned so that the use of this vehicle doesn't get transformed into its opposite: a boondoggle that benefits the political machine much more than any putative community interest.
Pages
Subscribe to:
Post Comments (Atom)
Info recommended by:
Economic articles
and Economics online journal |
Sponsored by:
Economics issues,
Online economics
and Economic tips and online posts
Save
The Yanks Are Coming!
on social network:
Categories
Followers
Popular Posts
-
As USA Today recently pointed out , a new study published in the journal Nature Geoscience shows that the models of CO2 and global warming ...
-
This Forbes article about opposition to the bill moving through the Pennsylvania legislature to private the state liquor stores was reprint...
-
As I have repeatedly pointed out, China is in better shape than the U.S. and many other Western countries, but all is not rosy in China . CN...
-
Matthew Yglesias also notes the bizarre disappearance of a carbon tax from the debate over the debt ceiling. This is another Democratic fai...
-
I'm watching the Senate Finance Committee hearings on the Rockefeller amendment to include a "public option" in the Finance Co...
-
Scott Ritter was right about WMD in Iraq. I suggest that we give him a better hearing now with Iran . While this action is understandably ve...
-
Inquiring minds have been investigating the property bubble down under and are asking the question "How Safe is Australia's Banking...
-
The Washington Post is saying the emperor has no clothes, and calling the Obama administration's bluff that the winter of the financial...
-
In an article entitled "Should USA still be AAA?", CNN writes : According to credit rating agency Moody's, the amount of U.S. ...
-
So now it looks like the Democrats, rather than just telling anti-abortion people that if they want to require that insurance plans people b...
0 comments:
Post a comment on: The Yanks Are Coming!