The events in Camden NJ bear a striking resemblance to the Dickert/Mason failed "Chicanery Row" project - except the demolition costs appear to be much lower.
"Camden's abandoned baseball stadium, once
celebrated by local officials as a new beginning for the city's waterfront,
will soon be demolished and replaced with three Rutgers University athletic fields.Here is the problem: the Camden County Improvement Authority approved a $1 million contract this month to demolish the 17-year-old stadium after
$21 million in taxpayers dollars built the structure for an independent minor league baseball team as hopes it would draw economic development to the area.
At a groundbreaking ceremony in 1999, Gov. Christie Whitman said
the "partners" behind the stadium "have heard the message from the movie Field of Dreams: 'If you build it, they will come.'"
However, that was not the case.
The goal in the early 2000s was to redevelop the Camden waterfront into an economic zone, but it has since been a financial disaster, all at the expense of the taxpayer.
"Unfortunately, the state, in its lack of wisdom, built a
baseball stadium for an unaffiliated, independent league (team) that
folded and $35 million disappeared," South Jersey political powerbroker George Norcross III said in 2017.
Just like the government and or central banks, New Jersey officials will keep throwing money into the pit, hoping that something sticks".
Read more at:
https://www.zerohedge.com/news/2018-12-03/35-million-disappeared-new-jersey-officials-gambled-public-funds-failed-baseball
Ah, but don't worry about it. WI taxpayers are either drunk or drugged and care nothing about politics or taxes. They are just dumb Cows to milk and bilk!
Sincerely,
Tim & Cindy
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