Let Them Eat Football: Oakland Fires One-Fifth Of Police Department Due To Budget Crisis . . . But Gives NFL and MLB OveQuicklink submitted by Mari Eliza Permalink
|Oakland, California is in the midst of a crime wave and remains the fifth-most crime ridden city in America. Nevertheless, the city fired one-fourth of its police department -- over 200 officers. However, in the latest example of the lunacy of public subsidies for professional football and baseball teams, the city is forking over $17.3 million for the National Football League's Oakland Raiders and Major League Baseball's Athletics. These owners are racking in huge profits but Oakland and other cities continue to subsidize the teams despite studies (here and here) showing that these teams do not bring in enough revenue to pay for the huge debt associated with new stadiums. However, the teams grab of millions from an economically crippled city explains why the team is called "the Raiders."|
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