The Sacramento stadium subsidy scandal, touched upon on Thursday, should be a bigger story in the news and with the commentariat. So click on over to Townhall, and share. Then come back here for some more reading:
- Sacramento Bee: Judge tosses out STOP arena lawsuit
- Merced Sun-Star: Why agribusinessman is bankrolling fight against Sacramento arena subsidy
- Sacramento Bee, letter to the editor: “A Libertarian argument against the city’s subsidy for a downtown Sacramento arena,” Chris Rufer
- Field of Schemes: Sacramento council approves Kings arena term sheet, as watchdog group calls it “horrible deal for taxpayers”
- The California Fix: Scent of the City
- Sacramento News Review: Kings-arena shenanigans, sleaze on the rise as county nears completion of petition count
- Sacramento Bee: Kings arena subsidy foes sue city to get measure back on ballot
- Townhall Column: Subverting Democracy to Subsidize Billionaires
- Facebook: Stop Arena Subsidy
This weekend’s Townhall column is, of course, an expansion of Thursday’s Common Sense. There was one small error in that outing, so the column sets the record straight.
Finally, on the matter of the immorality of subsidy, where to begin? Probably with “The Law” by Frédéric Bastiat. There are many inexpensive editions about, and, on the Net, many free sources as well. For the past few weeks This is Common Sense has included a lot of “Thoughts,” to the right of each daily post, that are from Bastiat. Those will likely continue for at least another week. He was a great writer.
The term Bastiat used for what is happening in Sacramento, and which forms the basis for many a politician’s “ideology,” is LEGAL PLUNDER.