Senate Confirms Elena Kagan's Appointment To SCOTUS
eldavojohn writes "As expected, by a vote of 63 to 37 Elena Kagan has been appointed as the 112th member of the Supreme Court of the United States. Kagan, only 50 years old, has no judicial experience. The Washington Post explains: 'Other justices have corporate law backgrounds or a long record of arguing before the court. Kagan worked briefly for a law firm and argued her first case before an appellate court 11 months ago. It happened to be before the Supreme Court, the first of six cases she argued as the nation's first female solicitor general.' Her fair use views and free speech views have made her a focus of Slashdot recently."
I must be new here.
Yesterday's news about politics on a geek website. Where do I pay????
I'm sure "SlashdotMedia" will improve on all the wonders that Dice Holdings blessed us all with
The TX Rangers are an interesting example. Mr. Bush and a group of investors bought the team when they did not have a stadium. This allowed the acquisition at a bargain price. They then hired a team of lawyers to lobby the city to raise sales tax 1% in order to build a new stadium. A team with a stadium is worth much more than one without, so they were sold at a profit. Where did the money come from? The taxpayers in the city of Arlington were made to subsidize baseball whether they enjoyed baseball or not. The investors then captured the subsidy. This is a case (as are most stadiums) of taking public money and building a private park. The park still charges admission, and the team gets to sell luxury sky boxes. That money does not go back to the taxpayers. I would say the Rangers are a very good example of socialize debt and privatize profits.
If you took all such government subsidy out of Major League Baseball or the National Football League, they'd be operating at a loss. By the way, the entity that built the stadium is prohibited by law from buying the team and getting those revenues.
So why are you surprised?
When the axe came to the forest, the trees said, "Look out - the handle was once one of us."