D.C. Stadium Déjà Vu

Reason reports on welfare for the well to do:

When Yogi Berra said, "It's like déjà vu all over again," he might as well have been describing this week's D.C. City Council vote on the deal negotiated by the city and Major League Baseball (MLB) for the Washington Nationals' stadium.

Last year around this time, Mayor Williams and the council acquiesced to the league's demands by agreeing to build a brand new, baseball-only stadium to be financed largely by a new tax on local businesses. Now the council is being asked to agree to a stadium lease that keeps MLB from having to pay more than $20 million of the cost of the stadium. At the same time, costs have ballooned in just one month from an original estimate of around $440 million. Today the stadium is projected to cost approximately $667 million.

Read the whole article,it's rather sickening.