The municipal stadium ruse, con’t:

In his first post of 2013, Neil deMause has the latest on the red ink piling up for taxpayers in Bridgeview, Ill., and Glendale, Ariz., the latter especially so:

Plus the city put in money for infrastructure for the state-built Arizona Cardinals stadium, plus $200 million for a spring training baseball facility. Which all worked out great, if by “great” you mean having to fire large chunks of your city staff while being unable to borrow any more money at less than usurious rates.

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