Friday, October 24, 2003 :::
Colby Cosh has an entry primarily about the sale of his local AAA baseball club -- which is weaseling out of its agreement to lease the ballpark from the city for the next sixteen years, with the city's tacit consent. He concludes:In return for a short-term payoff, which the current members of city council will be permitted to spend in a highly visible way, the city will forgo the future revenue from the lease, which can only politically benefit a bunch of councillors who are now in junior high school.
I'm not all that busted up about losing Triple-A baseball in Edmonton, actually, but I've got a punch in the nose saved up for the next person who tells me the government needs to get involved in certain business enterprises because it offers "a long-term corrective" to the "short-term, bottom-line thinking" of companies who "don't look past the next business cycle" (etc., etc., ad naus.) Punch 'em for me, too, Colby.
::: posted by Steven at 4:27 PM
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