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Wednesday, July 24, 2013

Burying One's Head In The Sand, I Guess

Chicago's bond rating is lowered.

But that doesn't stop Chicago aldermen from doing what they do best: spending taxpayers' money. The Dickinson Press (for some reason) is reporting:
Chicago's City Council has approved a $500 million renovation of historic Wrigley Field, including a Jumbotron above the ivy-covered left-field wall.
Aldermen voted Wednesday to support the work for the home of the Cubs, one day after it got crucial approval from a City Council zoning committee and the alderman whose ward includes the ballpark.
The Jumbotron will be a first for the 99-year-old ballpark on the city's north side.
The Cubs could display the city debt on the Jumbotron during home games. 

The article doesn't explicitly say the city will help fund this half-billion-dollar project but it is implied, and I kind of doubt the Cubs would do it all by themselves.  But I could be wrong.

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