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I have been in several companies where the company produced red ink for years and still sponsored sports teams, golf tournaments, etc. It was disheartening to see these expenditures at a time when our company needed to retain talent and refocus on our core business and core competencies. Still, this was the companies' decision. The company was not asking for a bailout from U.S. taxpayers. To ask the TAXPAYERS to pay for these things is unconscionable. They USED to claim that the local taxpayer is reimbursed in some small way for their stadium by selling naming rights. Now, they ask the local taxpayers to pay for building stadiums, and THEN they ask the federal taxpayers to pay for naming stadiums? Putting two and two together, the federal government/taxpayer is building stadiums for sports teams!
By rd