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A quintessential establishment member, Mark Fabiani, Chargers counsel, admits in the Jan. 12 issue of Sports Business Journal that "Government at all levels [including the city of San Diego] is either bankrupt or going bankrupt." Up to now, it has only been people outside the San Diego mainstream that have recognized the obvious. Fabiani says that the team is two to three years away from getting financing for a new stadium. "By the time we get to the financing, though, hopefully [the City's financial quagmire] will return to normal." The article states that "The San Diego Chargers, San Francisco 49ers, Oakland A's, Oakland Raiders and Sacramento Kings (all of whom want new subsidized facilities) are fully aware of their state's financial difficulties, but it hasn't stopped them from continuing to seek new facilities and work with their local communities to develop those projects." California has a staggering $11 billion budget deficit. Gov. Schwarzenegger has told the federal government that if the state doesn't get a bailout, the California will go under in March. Fabiani continues to state that the Chargers want to find a stadium resolution somewhere in metro San Diego.

Comments
14

"By the time we get to the financing, though, hopefully [the City's financial quagmire] will return to normal."

If by "Normal" Fabiana means bankrupt, then he is on the money-I guess it comes down to his definition of "normal".

Jan. 12, 2009

Fibber Fabiani needs to be reminded that the REASON we're bankrupt is HIS team's demand for a stadium remodel. That set in motion the underfunding of the pension, the corrupt ballpark deal, and the ultimate collapse of San Diego's finances.

Now I'm not suggesting that the best reminder would be a group of civic-minded San Diegans stomping on Fabiani's head until his ears bleed...but that might be a good precedent. It could deter other professional liars-for-hire from relocating here and talking a bunch of utter crap for big money.

Fabiani, just pack up your sniveling little side-show and leave town. You and your bosses have harmed San Diego so much, you should be ashamed to be seen in public.

I wonder how people like Fabiani can face their children. I'm sure his whole family is deeply embarrassed by him and his destructive work over the years. This guy should leave town before he gets lynched.

Jan. 12, 2009

Don,

Speaking of sports subsidies: There was an article in the VoSD today that discusses the Padres sale and the fact the a full 1/4 of the value of the Padres is the stadium the city paid for.

http://www.voiceofsandiego.org/articles/2009/01/12/economics/866petco011109.txt

Jan. 12, 2009

Response to post #1: If "normal" is back to six years ago, the City is still BK technically. Best, Don Bauder

Jan. 12, 2009

Response to post #2: The Republican convention of 1996 was the major villain in the initial raid on the pension fund. However, subsequent changes to the stadium (not then named Qualcomm) and ultimately the subsidization of Petco Park further drained City coffers. This stadium subsidization game has become a national disease: one team fleeces a city, then other teams claim they must do the same to stay financially competitive (untrue). They all act from the same playbook: instructions put out by the leagues tell teams the strategy for robbing cities, such as threatening to move elsewhere, etc. It's a racket, a con game, and should be stopped, but it won't be. Best, Don Bauder

Jan. 12, 2009

Response to post #3: I saw that. Interesting article. The value of teams goes up after they rob local citizens for a subsidy. Then the owners raise prices, raking in more money; when they come to sell, they get more money. The only business success George W. Bush ever had was in the Texas Rangers stadium financed by local taxpayers. Best, Don Bauder

Jan. 12, 2009

Speaking of sports subsidies: There was an article in the VoSD today that discusses the Padres sale and the fact the a full 1/4 of the value of the Padres is the stadium the city paid for.

This is how Bushie made his money from the TX Rangers-robbing the little men, for the benefit of the few team owners, by adding in a local sales tax to build a new stadium and then you sell.

What do you think the Yankees are going to be worth in the new stadium, or the Cowboys?????

Jan. 12, 2009

"Here's a scoop. The San Diego Chargers are looking to move to Los Angeles." That is an item that former political powerhouse Willie Brown wrote Jan. 11 in his column in SFGate.com. "L.A. Mayor Antonio Villaraigosa and his people were at the Chargers playoff game last week [the Indianapolis game] and they were being extremely solicitous of owner Alex Spanos." Brown may or may not be jumping to conclusions. The L.A. mayor may want to see the team move to City of Industry or somewhere else in the L.A. area, but Fabiani claims the team wants to stay in San Diego. Question; does anybody believe Fabiani? Or Willie Brown? Or developer Ed Roski, who claims he has the financing to build the stadium in City of Industry? Best, Don Bauder

Jan. 12, 2009

Response to post #7: The Yankees have really milked New York taxpayers, and it will be milking its fans, too. See my column coming out this week. Best, Don Bauder

Jan. 12, 2009

Question; does anybody believe Fabiani?

If no one believes Fabiani, doesn't the main source for this blog entry go in the toilet?

Why would you intentionally use a source that you don't believe?

Jan. 13, 2009

Response to post #10: I do not follow your logic at all. The reason the blog entry was done was that Fabiani, almost alone among establishment members, stated publicly that the city is broke. Most others, including the mayor and his entourage, have stuck their head in the sands. But the spokesman for one of the biggest corporate welfare recipients finally bent to the obvious. Secondly, the question of whether to believe Fabiani related to only one of his statements: that the Chargers want to stay in the San Diego environment. Very few people are liars all the time. If journalists tossed out every statement by everyone known to have told a fib at some time, there would be no such thing as the news. Best, Don Bauder

Jan. 13, 2009

Added response on post #10: If journalists discarded every statement made by a liar, there would be no political reporting. Politicians' most useful skill is lying through their teeth. Best, Don Bauder

Jan. 13, 2009

Response to #10 - Best advice I ever read about dealing with Mark FABRICATOR came from Richard Rider who said something like if Mark comes toward you and tells you what a great deal he has for y0u - secure your wallet in your pocket, turn around and run away as fast as you can. until now, as Don points out regarding Fabricator's statement About Cities and bankruptcy, the guy has never uttered a truthful syllable of series thereof, at least not knowingly - but then when you work for the Spanos Cartel that's a job requirement. The GREAT NFL - loaded with enough money to build every team a new stadium continues to push teams to fleece Cities to do so all the while putting up a net to catch post-touchdown kicked extra-point footballs from being acquired by fans who sit in the no-view endzones from taking home anything free. What an awful bunch of greedy slugs the NFL owners are. I don't personally care one way or the other whether the Chargers stay or go but I will fight against any public funds being used to support another unneeded sports stadium just to allow team and league owners to get the extra $$$$$$ that luxury box sales will demand. Sports league and owners greed has already made attending baseball games a luxury most families can't afford and the NFL is on its way to making football an event one watches on TV if at all. Best.....

Jan. 13, 2009

Response to post #14: It is criminal that pro sports leagues continue to suck money from ailing cities in this economy. The leagues tell owners how to use illegal methods: bait and switch, extortion are just two examples. It has always been a racket. And you are right: the owners themselves are for the most part billionaires, and the leagues keep their finances completely quiet so governments can't get adequate information. Best, Don Bauder

Jan. 14, 2009

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