Rany Levine I laugh in your face.
Did you really do this with a straight face?
New York City officials told a congressional panel Friday that they didn’t do anything improper in shepherding through $1.3 billion in financing for a new Yankee Stadium, but the assurances did little to mollify the congressman who is investigating the deal.
At issue was a six-fold increase in the city’s assessed value of the land, to around $200 million. Rep. Dennis Kucinich, an Ohio Democrat, suggested the reason was to make it easier to get tax-exempt bonds to pay for the construction of the ballpark in the South Bronx.
Meanwhile, Yankees President Randy Levine told the lawmakers bluntly that the new stadium would have never been built, and the Yankees would have left the Bronx, without the financing.
Yeah OK. Where were the Yankees going? Xanadu? Oklahoma City?
ESPN has more here but I have to go laugh my ass off now. Was congress stupid enough to fall for that? Oh yeah they were.
