Don’t tell us “we don’t have the money.”
America is, and has been
for decades, the financially wealthiest country on earth.
This can be measured by Gross National
Product (GNP), the size and expenditures of federal, state and local
governments, by the fact that even financial calamities that years ago would
have crippled the nation are routinely avoided. Yet one of the truest measures of American
wealth can be found in how this precious resource is allocated and, from a
practical reflection, wasted.
Let’s start with just
the proverbial “tip of the iceberg.”
Next to an irrational
anthropometric love for fido, Americans are absurdly smitten by athletics. Between Major League Baseball, the National
Football League, the National Basketball Association, and the National Hockey
League alone, hundreds of billions, if not trillions, of dollars are spent on
the salaries for our athletic heroes, managers, coaches and administrative
staffs. Also, extraordinary payments are routine
in college athletics where coaches and Athletic Directors and other athletic
department personnel are compensated at astronomical levels. That’s just one side of the equation. New athletic facilities are routinely
constructed nationwide.
A new stadium was
constructed to house the Minnesota Vikings.
It cost $1.1 billion – a “B” billon dollars - for the home town lads to
play 8 to 10 games yearly. Another
football stadium was also constructed on the campus of the University of
Minnesota at a cost of $303.3 million.
Previous to all this avarice both teams shared the old Metro-Dome in
Minneapolis for their games. Then we
musn’t forget the Twins ballpark, built just for them, at a cost of $555
million. They too once shared the
Metro-Dome with the Vikings and the Gophers.
Obviously, the Timberwolves
of the NBA and The Wild of the NHL could never be expected to share the same
facility. SOOOO, a separate basketball
venue was built in Minneapolis and yet another hockey venue was built in St.
Paul. The Twin Cities has a new soccer
team. You guessed it…they too have a
spanking brand-new facility. The only
team that shares a facility is the woman’s professional basketball team, the
Minnesota Lynx, the only team that wins on a consistent basis.
To add insult to
injury, much of these construction costs were paid for with taxpayer dollars.
Now let’s pay a
visit to Los Angeles, California – You’ll want to sit down for this.
L.A. has a new football stadium to house TWO
NFL teams.
The Los Angeles Rams and the
Los Angeles Chargers, who recently moved to L.A. from San Diego.
This goliath cost
$5 billon. This actually makes the Twin Cites appear to
be frugal.
L.A. also embarrasses
Minneapolis/St. Paul in that the Staples Center is the home to three
professional teams. The Los Angeles
Lakers, The Los Angeles Clippers of the NBA and even the Los Angeles Kings of
the NHL.
These are
just two of the more than 30 cities that are homes to professional athletic
teams. Those 30 plus locals, along with many other cities are also
homes to colleges and universities with major athletic programs that
demand funding. To total all these expenditures would be
terrifying.
Next, we are faced with the exclusive
rights agreements to broadcast and telecast professional and college sporting
events. Fox paid $575 million ($15 million per year) for the rights
to publicly air major league baseball games. That’s just one
contract for one sport. No sense in pursuing ESPN or local radio and
television contacts rights. Baseball alone gives us a clear enough
indication as to the money that is spent in this area as
well.
Let’s not forget the billions if not trillions
of dollars paid to CEOs nationwide, or spent on other entertainment venues;
actors and actresses, directors, studio heads and etc.; the music industry
recording artists, composers, producers and record company personnel.
These folks don’t make a living they make a
fortune.
Just A Few Examples:
Ralph
Lauren $8.2 Billion
Oprah
Winfrey $3.2Billion
Paul
McCartney $1.2 Billion
J.K.
Rowling $1 Billion
David
Copperfield $1 Billion
Jerry
Seinfeld $950 Million
The
next time you hear someone attack the safety net programs provided by the
government, ask yourself why those who have the means to provide these
humanitarian programs, refuse to do so.
With very few exceptions (The Bill &
Melinda Gates Foundation) that is where we should
focus our wrath and NOT on those who are continually
frustrated in their attempts to provide the necessities that no one else will
provide.
The last problem we have
in America is a lack of financial resources.
We have more than enough
money to do whatever NEEDS to be done.
The problem is selfishness
and ignorance. We squander the precious
resource at an alarming rate. Therefore, the vast majority of our wealth is in
the hands of all the wrong people.
We also focus our
frustration in the wrong areas. We are
too willing to conform to the excesses for our personal gratifications – NOT OUR
NEEDS. We are comfortable in allowing
those with financial power to frighten us (we’ll close the doors and put
people out of work - The Twins and Vikings will leave town) and ignore the continual
lies and deceptions to further their insatiable greed for unnecessary opulence
and overindulgences i.e. feeding the
hungry, sheltering the homeless, providing medical for the sick and dying is
socialism – BUT – stadiums aren’t. They
are indeed the architects of this waste.
Our condemnation needs to be on their opulence and overindulgence and
not a humane government attempting to ease the pain and suffering.