Rfk 2

Defensewins · 10-12-2008, 10:19 PM

The new Cowboys stadium was orginally supposed to cost $650 million, the stadium's current construction cost is in excess of $1 billion. This is in Texas where land is a fraction of the DC area costs and the cost of construction is also much lower.

With the economy in bad shape, our federal and local government budgets running at huge deficits, and our national debt multiplying at a quick rate, I do not see this happening anytime soon.
It is not the best time to try and borrow $1billion right now, even for Snyder. The federal goverment is giving billions to keep financial and lending institutions afloat.
I do not think the DC area tax payers are going to vote yes to put up bonds to finance this.
IMO it is not going to happen.

10-12-2008, 10:19 PM	#38
Defensewins Playmaker Join Date: Feb 2004 Location: Houston, Texas Posts: 3,767	Re: Rfk 2 The new Cowboys stadium was orginally supposed to cost $650 million, the stadium's current construction cost is in excess of $1 billion. This is in Texas where land is a fraction of the DC area costs and the cost of construction is also much lower. With the economy in bad shape, our federal and local government budgets running at huge deficits, and our national debt multiplying at a quick rate, I do not see this happening anytime soon. It is not the best time to try and borrow $1billion right now, even for Snyder. The federal goverment is giving billions to keep financial and lending institutions afloat. I do not think the DC area tax payers are going to vote yes to put up bonds to finance this. IMO it is not going to happen.

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