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[QUOTE="cuseinchina, post: 933929, member: 3079"]
Again I am not debating your opinion that stadiums should not be in any way publicly financed even though it is overwhelmingly clear that to get one built in Syracuse it would need some public investment just like nearly every other similar facility getting built in this country.   My disagreement with you is your calling people Maoist and saying that public private partnerships are Chinese style communist investments.  that is a fundamental misunderstanding of the way things work.

Then you make fun of words that I use because you don't want to address the ways in which your opposition to ppp financing in general (again taking your objection to the stadium out of the equation) don't really jive with your very clear fiscal and political leanings.

you make fun of the terms flux and uncertainty and derisking.

Syracuse is a market in flux, there are some green shoots with private investors developing parts of downtown, and on the other hand you have declining per capita disposable income, industry leaving, and problems with crime.   Given that backdrop, you are not going to get a purely privately financed large scale investment with a stadium.  The money is too big and the time horizon too long given the level of uncertainty in the market.  Make fun of that all you want but it's no less true.

de-risking - from a taxpayer perspective you take risk out of a project when you involve private capital and not just public.  You are replacing public debt with private equity and sharing the risk  - so as a taxpayer you should prefer this type of investment particularly if you believe that private market participants are better than governments at judging risk.

not that complex buddy.
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