Sunday, January 30, 2011

If Martin Luther King III Is Successful In His Stake In The "NY Mets" Will He Apply His Quasi-Socialist Theories On Income To Professional Sports?

ESPN: Martin King III Seeks Ownership Stake In The Baseball "NY Mets" Team

I am going to avoid submitting any Internet based claims about Mr King's economic theories if they don't meet a minimum level of authenticity.

I can tell you that I have heard the man do no less than 2 radio interviews on the local talk radio station and several speeches in which he espoused views that spoke of:

  • Guaranteed jobs and minimum salaries
  • Attacked Corporate Capitalism
  • Connected "Social Justice" with Government Tax Policy (while mentioning nothing about the squandered Human Resource Development track record of the ideological and political forces that he supports)

Yesterday I hear multi-millionaire Russell Simmons proclaim that he would "gladly pay more in taxes" - knowing that while these mere words give him "street cred" in the Progressive-Fundamentalist community - they mean NOTHING with regard to actual IRS action against his earnings.

In as much as we hear corporations and the executive suite receive an array of attacks from those who are supporters of "government confiscation" as their primary accelerant of economic development for "The Least Of These" it is equally stunning to hear how ENTERTAINERS and SPORTS FIGURES receive 7 and 8 figure salaries without a whimper from this same group.

Even though the (evil) corporate executives provide them with tangible goods and services, the proof of the consumer purchase appearing on their bank statements each month - the people who they PAY for the opportunity for the masses to have an EMOTIONAL CONNECTION - receive their mass millions and a bit of praise for their service.   What other than the ability to focus our consciousness upon an artificial world does the movie actor or sports star do?   We are told that "health care is a social justice right" and news of $16 billion in profits across the top 15 insurers is a sign of theft from the public coffers.  Yet there is a chest of BILLIONS contained and extracted from the "emotional engineering" businesses of sports, music and entertainment which goes unchallenged.

THIS MONEY is mostly DISCRETIONARY money from the perspective of the consumer.   They resent those forces that send them an invoice for services rendered on a daily basis yet the choices made for purchase of entertainment as they pursue emotional connection goes unchallenged.

How does Mr King reconcile his condemnation of market capitalism while he seeks to enter into one of the areas that has the BIGGEST GAP between "ball boy" and "ball thrower"?

How much does a MLB Ballboy make?:  $81.50 per game

How much does the top paid MLB player make in one game?:   A-Rod ($33M per year): $205K per game
(assuming a 161 game season)

Please understand - I AIN'T MAD AT THEM!!!   This is what the CONSUMERS have chosen to do with their money.  There is an expressed value in what is being sold to them in this space.  I am merely asking the "haters" to be CONSISTENT - rather than fearing they'd upset where they want to "get in".



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