Tuesday, October 25, 2011

Vikings stadium analysis. At The Deets.

This Link.

Ed Kohler uses the term "Wilfare."

That should give you a hint of his thinking before linking over to The Deets for detail.

What Kohler writes makes sense to me. Strangely, it appears the Republicans in the legislature may be the ones to kill giving one of their own a pile of free money -- Mutating it from taxpayer money to private use, Ramsey style. I say "Ramsey style," since we face another out-of-state wealthy gentleman, Flaherty on a smaller scale than Wilf, being subsidized. While there are differences of scale, the principle of subsidizing the wealthy with cash extracted from the non-wealthy is the same.

So, will the legislature's Republicans turn out to be like Ramsey's? Talking conservative, and touting government-hands-off market mechanisms. Then doing otherwise.

What should be given Zygi? If it comes to it, give him best wishes in LA.

________________UPDATE______________
On a recent but less than current post, here, Kohler looks at the Marty-Runbeck proposal to give Zygi the Dome. For one dollar and a contractual promise to remain in Minnesota for a term of years.

See more on that line of thought, this Google.

I believe Kohler's extended excerpt of Marty's explaining his proposal is from MinnPost, here.

Best rejoinder in the entire circus show, from Strib reporting online here:

Marty and Runbeck said they prefer that solution to Ramsey County’s plan to build a $1.1 billion stadium in Arden Hills, which would include subsidies from both the county and the state — a total $650 million public contribution that Marty claimed would be “the biggest taxpayer subsidy of any sports team in history.”

The idea of simply turning over the Dome to the Vikings is not a new one, and team officials in the past have labeled it a nonstarter.

But Marty, referring to the Vikings rookie just named the starting quarterback this weekend against Green Bay, quipped: “Last week, Christian Ponder was a nonstarter.”

Under the proposal, which Marty and Runbeck said they would introduce in a special session if one is called for the Arden Hills plan, the Vikings would get the Dome for free and sign a 25-year contract to run it.

The stadium’s assessed value is just under $42 million. But the city, county and school district would get that money back in the form of annual taxes that the team would pay on the property. It’s estimated that the stadium would yield $1.67 million a year in taxes.

[emphasis added] Ed Kohler nails it, here. Zygi does not want to pay property taxes, while a team without a stadium truly is "a nonstarter" this would be a team with its owned stadium. However, Zygi is a greedy f**k. Take that as a starting point of any analysis about Mondale and Zygi's barkers saying the Marty-Runbeck proposal is a "nonstarter." The proper response to Zygi and his flak-pack - and to Ted Mondale - is to tell them to go do to themselves what they would do to taxpayers. Three-quarters of Minnesotans feel that way, so what's up with the politicians?

Bottom line, what's wrong with having a Referendum? Do so, and follow the will of the voters. It would work with Zygi, it would work elsewhere.