November 18, 2009   |2 Comments

SILVERDOME LOSES ITS SHINE, WASTED TAX DOLLARS ON DISPLAY

In 1975, $55.7 million of public funding built the Pontiac Silverdome.

The NFL stadium in Detroit, Michigan was auctioned off today for $583,000.

That’s $7.25 a seat.

While it is tough to see how hard the the economic dowturn has hit Motown, this article from Bloomberg clearly identifies the dangers of siphoning tax payer dollars toward sports stadiums.  Billionaires have been buying sports franchises and successfully leveraging the local goverment and taxpayers to pay for their new toys.

It continues to happen today except the scale has climbed from 10′s of millions of dollars to billions in donations from you and me.

If you sit on the sidelines, these abuses on the sports fan will continue.

JOIN THE COALITION today to be a part of the solution.

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