Theophillis Goodyear: 1% Continue to Press for Billion Dollar Stadium at Taxpayer Expense, in Minnesota

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Theophillis Goodyear

According to the following article, this is the fifth time that the Minnesota Vikings have tried to shove a new $1 billion stadium down the throats of Minnesota taxpayers.

Minnesota Vikings Stadium Plan: Saddle Taxpayers With $1 Billion Field

Ron Dicker

Huffington Post, 7 February 2012

EXTRACT:

A fifth plan for a $1 billion stadium in downtown Minneapolis emerged Monday, with taxpayers shouldering a large chunk to aid a privately owned NFL team that hasn’t had a winning season in two years and has never won a Super Bowl. The state would be responsible for at least $340 million and Minneapolis for more than $300 million, according to estimates in the Minneapolis Star-Tribune. The Vikings haven’t pledged a dime. They promised $425 million for an earlier proposal in the suburb of Arden Hills. That was several plans ago.

Read full article.

Phi Beta Iota:  The “1% is not located only at Wall Street” or on Capitol Hill.  To appreciate the degree to which small town elites and corrupt government officials across the land are part of the “mini-me” 1%, read Deer Hunting with Jesus: Dispatches from America’s Class War.