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March 28, 2012

Hedge Funds or Hedge Fund Managers Own ALL the Pro Sports Teams?!?!

By Rob Kall

This morning, on Morning Joe, regular guest, Donny Deutsch, commented that now, with the purchase of the LA Dodgers by a hedge fund fronted by Magic Johnson, all the major sports teams are owned by Hedge Funds.

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image from wikimedia.org

This morning, on Morning Joe, regular guest, Donny Deutsch, commented that now, with the purchase of the LA Dodgers by a hedge fund fronted by Magic Johnson, all the major sports teams are owned by Hedge Funds. I don't have the time or resources to track down the accuracy of the claim but even if MOST of the major sports teams are owned by hedge funds or hedge fund managers, that gives me pause for thought and raises some questions. 

-Major league sports are the most attention-getting media phenomenon for the conservatives' strongest demographic group-- males. 

-How do the hedge fund managers use the sports team to support their financial interests. 

What affect does the ownership of these teams by banksters have on American culture, if any?

I'm just saying. This is an unexpected bit of information for me. I'm more interested in the comments that come out of this than my own words. What do you think?



Submitters Bio:

Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind.  Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives  one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big)  to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project. 

Rob Kall Wikipedia Page

Over 200 podcasts are archived for downloading here, or can be accessed from iTunes. Rob is also published regularly on the Huffingtonpost.com

Rob is, with Opednews.com the first media winner of the Pillar Award for supporting Whistleblowers and the first amendment.

To learn more about Rob and OpEdNews.com, check out A Voice For Truth - ROB KALL | OM Times Magazine and this article. For Rob's work in non-political realms mostly before 2000, see his C.V..  and here's an article on the Storycon Summit Meeting he founded and organized for eight years. Press coverage in the Wall Street Journal: Party's Left Pushes for a Seat at the Table

Here is a one hour radio interview where Rob was a guest- on Envision This, and here is the transcript. 


To watch Rob having a lively conversation with John Conyers, then Chair of the House Judiciary committee, click hereWatch Rob speaking on Bottom up economics at the Occupy G8 Economic Summit, here.


Follow Rob on Twitter & Facebook. His quotes are here

Rob's articles express his personal opinion, not the opinion of this website.


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