How does this happen and when will it stop? JP Morgan and Bank of America each received around 20 Billion dollars in federal aid and now are set to help bail out the National Basketball Association (NBA) 200 million dollars! How is this creating jobs? There are no new teams adding more players. The average NBA Salary is 2.6 million dollars per year! The NBA Average Ticket Price is $50. Add parking, a beer and hot dog and you evening is at least $125 for two! The NBA created this mess and they want a hand out? Do we really need to subsidize the NBA? Good Grief.
Kudos to a very courageous woman - Thank you Linda Stansberry.
6 hours ago