Re:U.S. government takes 10% stake in Intel
by colmmacc on Friday August 22, 2025 @08:02PM
(#44991514)
It's not otherwise related to all this but a real bug bear of mine is that municipalities don't get part ownership - along with controlling rights for matters like sales or relocations - of sports teams when we subsidize their stadiums through taxes.
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Re:U.S. government takes 10% stake in Intel
by foxglacier on Saturday August 23, 2025 @03:14AM
(#44993980)
The municipalities could negotiate for those rights when they agree to pay for the stadium. It's on them if they risk it.
Re:U.S. government takes 10% stake in Intel
by colmmacc on Saturday August 23, 2025 @11:40AM
(#44996754)
Organizations such as the NFL forbid it, only the Green Bay Packers are grandfathered in as an exception. Owners are encouraged to threaten moves. Collective action is needed to undo the race to the bottom.
Re:U.S. government takes 10% stake in Intel
by foxglacier on Saturday August 23, 2025 @08:16PM
(#45000168)
No collective action is needed. They can just refuse to fund the stadium if they can't get a good deal for themselves on it. But maybe the people living there really want the stadium despite the risks, so in that case it's fine. They're getting what they want.