David Stern recently said if Seattle lost the Sonics they would not get a new team in the foreseeable future. This is an attempt to increase the pressure on Seattle and the state of Washington to do whatever necessary to keep their team. In the mind of David Stern whatever necessary means the building o a new state of the art arena using tax payer money. The use of public funds for a new arena can be classified as nothing but a rip off. It is the creation of massively expensive infrastructure for the super rich to use to become more super rich. There are times when the surrounding neighborhood may become revitalized but there is no guarantee and before the bonds are paid off most stadiums are considered obsolete, hurting their investment value.
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