Stadiums

Sep 08

The NY Times has an interesting article HERE regarding NFL stadiums.

Adjusted for inflation, the most expensive stadium is the new Meadowlands stadium which was build for $1.6B.  (I have to wonder how much of that money went to the mob.) The least expensive stadium is Candlestick Park which was built in 1960 for $154M 2010 dollars.

Stadiums that seem to me to be good bangs for the buck: Raymond James in Tampa ($240M), Heinz Field in Pittsburgh ($312M), & Fed Ex Field in D.C. ($362M).

Demolished stadiums that are still being paid for:

1) The old Giants Stadium (that was just demolished), which will be paid off in 2025.

2) The Kingdome which will be paid off in 2016 (demolished in 2000).

3) The Hoosier Dome which will be paid off in 2021 (demolished in 2008).

4) Veterans Stadium which will be paid off in 2020 (demolished in 2004).

We’re getting a new kickass stadium in Los Angeles (which you can read about HERE).  The cost is estimated to be $800M. Now we just need a team.

 

 

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I Photograph a Douche-Bag

Sep 07

While picking up some breakfast at McDonald’s the other morning, I photographed a complete Douche-Bag parking his car:

Now, what on Earth would motivate someone to park like this?  In such a cramped, urban parking lot, only a complete DOUCHE-BAG would take up two spots.  Only someone motivated by pure Douch-baggery would do such a thing.

Ever since I moved to Los Angeles, I’ve encountered complete Douche-Bags on almost a daily basis, many of them on the road. Whether it’s a mom in a SUV full of kids talking on her cell phone while going 45mph in the fastlane, or a fat bald guy in a Ferrari cutting in front of everyone – there are Douche-Bags everywhere.

The guy in the BMW above is certainly high up on that Douche-Bag list…

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Healthcare Problem Illustrated

Sep 05

Here’s a great example to illustrate what’s wrong with our Healthcare system and how it’s improving on its own.

A couple months ago my doctor convinced me to go in for a sleep study. She gave me a prescription and a form for a sleep clinic nearby. I filled out the form and faxed it in.  Within a couple weeks I was in for the study.

I go back to my doctor with the sleep report and she sends me back to the clinic for a CPAP session. I spend another night in the sleep clinic and a week or so later I’m back at my doctor’s office.

She gives me two choices of where to go to get my CPAP machine. I choose one, go there, and they give me a machine. I go home and try to sleep with it.

The problem?

There’s no price mechanism visible to the consumer. I just go where the doctor sends me.

There might be a sleep clinic at half the price down the block that does a better job. Perhaps I can get a better CPAP machine for half the price online. How would I know?

The free market puts pressure on firms to give better quality at lower prices over time. Without visible prices to consumers, that mechanism breaks down.

Health insurance is changing to address this. This year my insurance (the best I can get at Warner Bros.) changed from a copay system to a percentage system with caps. This gives me the incentive to include cost in the decision.

I can’t wait to see the bill for my CPAP that my insurance will have to pay 90% of.  I’ll bet the farm it’s inflated.

The solution isn’t government price controls determined by Ivy League lawyers. It’s allowing the free market to actually work…

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Back On!

Sep 04

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More Stimulus?

Sep 04

On ABC yesterday, Paul Krugman (Left-wing economist of Stanford and the NY Times) was interviewed on ABC (HERE) by George Stephanopoulos. His recommendation to Obama?  Another HUGE stimulus package!

The message – economists want us to spend more!

Oh wait a minute. According to the WSJ (HERE), 30 of 48 economists polled said we don’t need any fiscal or monetary stimulus.  Six said more fiscal stimulation was necessary, five said more monetary stimulation from the FED was necessary, and seven suggested both.  So 13 out of 48 economists want us to spend more.

Which economist did ABC choose to interview? One of the most extreme Left-wing economists this nation has ever seen. Did they mention any aggregate poll of economists? No.

This is how the media controls its bias. They have a nice filter that allows more Left-wing through than Right. Fox’s filter does the reverse. I don’t judge them for it, but I do judge them for the ‘I’m impartial’ act…

 

 

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