Tuesday, June 16, 2009
While we're on the subject of bailouts...
...should it bother us that the National Football League has taken $17 billion in government subsidies, mostly for stadium construction? If not, why not? And, while you think about that one, if it is principled to lever pre-existing subsidies to regulate compensation in ordinary businesses that accept government subsidies, would it not also be just and moral to regulate compensation in the NFL? If not, why not?
4 Comments:
By 
, at
Tue Jun 16, 12:21:00 PM:
The only thing that bothers me is the Bears winning eight straight Super Bowls.
By 
Khaki Elephant, at
Tue Jun 16, 12:49:00 PM:
Salary caps in professional leagues do, in a sense, regulate salaries. My concern is that Obama will use this oportunity to nationalize sports leagues then quickly bump ticket prices to pay for health care while he moves to redistribute talent by establishing franchises in all 57 states.
By , at
Tue Jun 16, 02:09:00 PM:
Why not private colleges that receive federal money? Cap salaries, limit the number of administrators, etc. Refuse to offer federal student loans for institutions that do not comply with these standards. Hey, why not reduce the credits needed to obtain a BA so one could finish in three years. Think of how much money would be saved and would be available to stimulate the economy.
The kids are going to be saddled with a mountain of debt to fund our medical and pension requirements - and all the new goodies passed by this administration. How about giving them a break and reducing their need for student loans?
College costs continue to rise faster than the rate of inflation. We hear about how vital it is to the country's future. Why not get rid of some unnecessary "tests", procedures and courses along the same lines as the administration is proposing to make health care more efficient?
Hey, if they are going to go down this road, no exceptions should be made.
By , at
Tue Jun 16, 02:30:00 PM:
Why not, you ask? Because it would be racist, that's why. Most overpaid NFL players are black. Thus, any salary limitation would have a dispirate effect on minority earners. Not permitted, no how, no way! Even talking about it will get Sharpton, Rangel, Kwame and Paterson on their soap boxes!
