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May 25, 2012
Mark Clayton: Is Hillary's State Dept. hacking Al Qaeda? Not quite
Erika Bolstad: Temple cancels Wasserman Schultz speech
The Kosher Gourmet by Ethel G. Hofman: The former president of the International Association of Culinary Professionals, whose members included the likes of Julia Child, is back with contemporary Shavous cuisine: Ruby Fruit Soup, Sweet Noodle Kugel with Cheese, Key Lime Curd, Calsone Casserole Frittata with Wild Mushrooms, Sun-dried tomatoes and Olives, Baked Tilapia with Pepper Cheese Cream and Brown Sugar Shortbread
May 24, 2012
Jeff Jacoby: The peace process battered Israel's reputation
Michael Muskal: 'Pro-choice' position hits record low, according to poll
Chris Farrell: Are We in a Tech Bubble?
The Kosher Gourmet by Penelope Wall: PHILLY CHEESE STEAKS --- hold the steak!
May 23, 2012
Tony Pugh: More private colleges offering tuition discounts
Mary Beth Franklin: How to Choose the Right Annuity for You
Tina Susman: The wig wasn't enough: Man gets 13 years for posing as his dead mom
The Kosher Gourmet by Emma Christensen:A simple way to do fish right
May 22, 2012
Warren Richey: Can US group challenge overseas surveillance act? Supreme Court to decide
Thomas M. Anderson: Walking Away From a Mortgage
The Kosher Gourmet by Megan Gordon: Enjoy a celebration of the most rich and layered flavors: Black bean, sweet potato and quinoa chili
May 21, 2012
Mark Clayton: Cybersecurity: How US utilities passed up chance to protect their networks
Howard LaFranchi: NATO summit: Who will foot the bill for long-term Afghanistan security?
Chris Farrell : Earn Dividends in Emerging Markets with This WisdomTree ETF
Stephen Whiteside, Ph.D. : Mayo Clinic Medical Edge: Social anxiety disorder --- or just shy?
Guy Jackson : Victim's father regrets death of Lockerbie bomber
The Kosher Gourmet by Mario Batali: Famed chef's veal shoulder farsumagru: A festive meat course for late spring
May 18, 2012
Rabbi Berel Wein: Striving: The People of the Book's Book for (All of) the People
Steven Goldberg: 5 Great Stock Picks and the Exchange-Traded Fund that Owns Them
Mary Pickett, M.D.: Ask the Harvard Experts: Don't be forced into gluten-free lifestyle based merely on a doctor's false-positive test
The Kosher Gourmet by Carolyn Malcoun: DIY healthy lunchbox treats: HOMEMADE FRUIT BARS for kids and brown-bagging adults alike
May 17, 2012
Warren Richey: Teacher fired for being unwed and pregnant can sue religious school, court rules
Josh Mitnick: Netanyahu's 'centrist' coalition is already proving it's anything but
Steven Goldberg: Earn Dividends in Emerging Markets with This WisdomTree ETF
Amina Khan: Research links coffee to lower death rates
The Kosher Gourmet by Faith Duran : Cheesy Potato Breakfast Casserole with Cheddar and Sun-Dried Tomatoes
May 16, 2012
Carmen Terzic, M.D., Ph.D. : Mayo Clinic Medical Edge: A variety of exercises can help improve balance
Melissa Healy: National strategy on Alzheimer's disease aims to halt it by 2025
The Kosher Gourmet by Joyce White : GOODNESS GRACIOUS: GREENS! 4 winning recipes that are no longer just for down-home folks (Includes expert tips & techniques)
May 15, 2012
Kristen Chick: Obama administration resumes arms sales to Bahrain despite serious unresolved human rights issues. Activists feel abandoned
Pat Mertz Esswein: Homes are now affordable again and mortgage rates are low. What you need to know before you buy
Kathy Kristof: Our Practical Investor Fights Inflation with These 6 Investments
Sue Hubbard, M.D.: The Kid's Doctor: Lactose intolerant young child? Check again
The Kosher Gourmet by Kathy Hunt: Spread a Little Excitement with EXOTIC CONDIMENTS (4 RECIPES)
May 14, 2012
Lisa Gerstner: How to Protect Your Identity, Finances If You Lose Your Phone
Harvard Health Letters: Heart disease and dementia
The Kosher Gourmet by Megan Gordon: MANGO COCONUT OAT MORNING MUFFINS are a bright but hearty delight
May 11, 2012
Jessica L. Anderson: Get the Best Deal on a Used Car
Jett Stone: Forget face-lifts and fake knees. Scientists have seen the fountain of youth --- and it's broccoli
The Kosher Gourmet by Chef Mario Batali: The famed chef's vegetable dish that tastes true to the season: FAVAS AND SUGAR SNAP PEAS WITH POTATOES AND TARRAGON
May 10, 2012
Sergei L. Loiko: Putin sends warning to U.S., NATO in Victory Day speech at Red Square
Mary Rourke: How being a 'mentch' got Vidal Sasoon his start and fighting in Israel's War of Independence provided him with confidence and a strong sense of his own identity
Jeff Bertolucci: Get Home Phone Service for Less Than $10 a Month
The Kosher Gourmet by Betty Rosbottom: Gleaming with its golden, crimson, and snowy white hues, this silken smooth and creamy STRAWBERRY ORANGE TRIFLE looks impressive, but is easy to prepare
May 9, 2012
Sharon Palmer, R.D. How you can reduce your risk -- or delay -- chronic diseases associated with aging
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Jewish World Review
April 10, 2011/ 6 Nissan, 5771
An Arizona city's sports mania encounters a hard check
By
George Will
http://www.JewishWorldReview.com |
PHOENIX--- Suburban Glendale is less a community with professional sports facilities than a sports enterprise with a community held hostage to previous improvident decisions. Now Glendale's government may multiply its follies unless Arizona's constitution saves the city from itself. Taxes provided $346 million of the $455 million cost of the huge (up to 72,200 seats) retractable-roof NFL stadium where the Arizona Cardinals will play 10 times this season, if there is a season. (The NFL is having labor problems.) But Glendale (population 253,000) has a more immediate problem with its hockey team, the NHL's Phoenix Coyotes. After the team entered bankruptcy in 2009, the NHL bought it for $140?million and has lost at least $30?million operating it. It might decamp to Winnipeg, Manitoba. This would enable Glendale, which spent $180?million on the hockey arena, to cut its losses. Glendale, however, not wanting its eight-year-old arena to sit vacant, wants to sell up to $116?million of municipal bonds so that it can give $100?million to a wealthy Chicago business executive to help him buy the team. With the $100?million, the city would supposedly purchase the right to charge parking fees at the arena the city owns, with the fees going to pay off the bonds. But the city already owns the right it is purchasing: It already imposes a ticket surcharge for parking. If future fees are insufficient, Glendale's taxpayers will have to make up the shortfall. Furthermore, Glendale would pay the new owner an additional $97?million under a contract, awarded without competitive bidding, to manage the arena through the 2014 season. Fortunately, this folly may be illegal. The Arizona constitution's "gift clause" may block Glendale's booster socialism the ruinous pursuit of derivative grandeur from sports. The clause was written to prevent crony capitalism to provide a wall of separation between corporations and government by forbidding government to give corporations gifts, loans, grants or subsidies.
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The Goldwater Institute, a think tank and advocacy organization dedicated to the limited-government principles of its namesake, plans to sue, if necessary, to see that Arizona's constitution is respected. So the city, which has been dilatory regarding documents sought by the institute, is threatening to sue the institute, which warned bond rating agencies and others about its possible constitutional lawsuit. Glendale correctly says that the lawsuit will add a risk premium to its cost of borrowing.
But before the institute announced its intentions, Moody's, the credit rating agency, responded to Glendale's idea of taking on another $116?million in debt by lowering the city's rating. Its debt is already triple the median for comparable cities. Darcy Olsen, the Goldwater Institute's president and chief executive, notes that if questioning a government's behavior can generate "a retaliatory lawsuit by a legion of government attorneys, then journalists, bloggers and regular citizens across the state are all at risk."
John McCain, who holds the Senate seat once occupied by Barry Goldwater but does not hold Goldwater's views about governmental minimalism, calls the institute's actions "disgraceful" and "basically blackmailing": "It's not their role to decide whether the Coyotes should stay [here] or not." Well. Constitutions do not impress the co-author of the McCain-Feingold assault on the First Amendment (his law restricts political speech). But the institute's job actually, it is every Arizonan's job is to protect the public interest. A virtuoso of indignation, McCain is scandalized that the institute, "a non-elected organization," is going to cause the loss of "a thousand jobs." McCain's jobs number is preposterous, as is his intimation he has been in elective office for 28 years that non-elected people should not intervene in civic life. NHL Commissioner Gary Bettman agrees with McCain that the world is out of joint when people can second-guess the political class: "It fascinates me that whoever is running the Goldwater Institute can substitute their judgment for that of the Glendale City Council." He will learn not to provoke Olsen, who says, "It happens to fascinate me greatly that the commissioner thinks a handful of politicians can substitute their judgment for the rule of law."
Warren Meyer of Forbes.com calculates that Glendale's new plan would bring the city's spending to almost $400?million on a team valued at $134?million a team that has lost money in each of its 15 years here. Glendale's rejoinder to the Goldwater Institute is an attempt at intimidation by lawsuit, which speaks volumes.
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