Baseball91's Weblog

January 6, 2010

And Now, a Word from the Sponsors…..

We are now in a period of wealth destruction. As social tensions increase. Over currency and sovereign debt. And society enters a secular decline, with spreading irrational pessimism and distrust. In the new world of wealth inequity. After crashes. The credit markets will soon dry up. When credit was the air business breathed. And those stocks on Wall Street would soon crash. Thus the wealth destruction.

In the battle between the faced versus the faceless, of brand names and high profile professional athletes, in a world of sneaks and sneakers –Where women did most of the choosing– professional athletes were still popular.

Of generic brands versus high profile brands. In the battle between the faced versus the faceless, an identity in the information age. In Minnesota there is a concern over building a stadium for the National Football League Vikings. For one of those state brand names. As Ramsey Country Commissioners had no grasp on what was going on in the world.

The anger at the unfairness. Since January 1, 2000, twenty-five dollars would now be worth $22.45 if you had invested the money in the Standards & Poor’s 500. If invested in a US treasury EE bond, your $25 would now be worth $36.10. If you had invested in an index fund tracking the value of professional sports franchises, the twenty-five dollars would have doubled or tripled. So reports Sports illustrated.

Stadiums. Building stadiums. It was a lot like whether Nike would continue to use Tiger Woods as a spokesman. Only it was the state sponsorship of brand names. It was about state sponsorship for the value of one professional sports franchise. Owned by a family from New Jersey. Because professional athletes were still popular.

Los Angeles and the NFL. Brand names and high profile professional athletes. As society enters a secular decline. In a world of sneaks and sneakers, Ed Roski and Majestic Realty Company has made all the necessary arrangements to erect a new football stadium in Los Angeles and is looking for an ownership group willing to sell its franchise to a consortium of investors led by that Roski, according to the Associated Press. Majestic’s managing partner John Semcken told the Associated Press that Majestic won’t approach the Minnesota Vikings until they have exhausted efforts to remain in Minnesota.

In a world of sneaks and sneakers, of brand names and high profile professional athletes, where women did most of the choosing, in a period of wealth destruction, in the new world of wealth inequity, as social tensions increase, with spreading irrational pessimism and distrust, the Vikings now had to exhaust their off field efforts to find a new place to play. The Minnesota Vikings’ plight was being painted with the plight of the homeless. In the coming hard times, as the state ran out of money.

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1 Comment »

  1. Comment by baseball91 — October 13, 2011 @ 1:53 AM | Reply


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