5 p.m., May 26
Oops! NFL team official slips up and tells the truth
"Unwise investments [subsidized stadiums] are strictly for the taxpayer saps."
The Miami Dolphins football team is seeking a $200 million subsidy for renovation of its stadium -- at a time when enraged taxpayers are paying 80% of the cost of a ballpark for the horrible Miami Marlins baseball team. There are some unhappy people in Miami. According to FieldofSchemes.com, the Dolphins president, one Mike Dees, was asked if the $200 million subsidy was basically the same old corporate welfare for billionaires. For some reason, which will probably get him fired, Dees told the truth, replying, "Just because somebody is wealthy enough doesn't mean he should invest money in a way that is unwise." That tells it all. Columnist Glenn Garvin of the Miami Herald wrote that Dees "could hardly have been more straightforward. Unwise investments are strictly for the taxpaying saps. NFL and Major League Baseball owners certainly didn't get to be billionaires by risking their own money on outlandishly expensive boondoggles. They use ours instead."