New York's mayor goes to bat for the House that Taxpayers Built

Seattle Times by David Sirota | May. 25, 2009 (Opinion)

Even amid CEO testimony, Bernie Madoff grimaces and Rick Santelli diatribes, nothing better captures the moment's destructive greed than a billionaire politician using the municipal office he bought to defend charging $2,500 a ticket to a new Yankee Stadium he forced the public to finance. If there is a single act showing how kleptocracy and let-them-eat-cake-ism are systemic and local rather than momentary and exclusively federal, Bloomberg turning the ... Full Story »

Posted by Dwight Rousu

More Info

Tags Help
Subjects: Business, Politics
Topics: Money and Politics
Member Tags: Kleptocracy
Editorial Help
Posted by: Posted by Dwight Rousu - May 25, 2009 - 11:04 PM PDT
Reviewed by: Dwight Rousu (review), Tanya J. Maurer (review)
Content Type: Article
Edit Lock: This story can be edited
Edited by: Dwight Rousu - May 25, 2009 - 11:04 PM PDT
Like | | | Comments

To:


Separate email addresses with commas.
25 recipients max.

Note:

Reviews

Show All | Notes | Comments | Quotes | Links
Member_photo_thumb
3.3
 by Dwight Rousu - May. 25, 2009

Sirota points out that using taxpayer money to subsidize corporations who are putting on sports entertainment for huge profits is another kind of kleptocracy.

And then they appropriate the word "heros" for overpaid sports stars.

In the new Gilded Age, socializing risk and privatizing profit has become the standard — as American as General Motors, Bank of America and, yes, the New York Yankees. More »

Dwight posted this story.
See Full Review » (14 answers)
Silhouette_sml
4.1
 by Tanya J. Maurer - May. 28, 2009
See Full Review » (11 answers)

Comments on this story Help (BETA)

Sort by: Oldest | Newest Hide All Replies
NT Rating | My Rating

Ratings

3.7

not enough reviews
from 2 reviews (20% confidence)
Quality
3.7
Information
3.5
Insight
4.0
Style
4.0
Context
3.0
Expertise
2.0
Originality
4.5
Relevance
4.5
Responsibility
4.5
Popularity
3.4
Recommendation
4.0
Credibility
3.0
# Reviews
1.0
# Views
5.0
# Likes
1.0
# Emails
1.0
More
How our ratings work »
(See these related stories.)

Links Help

No links yet. Please review this story to add some!