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[personal profile] jamesq
I read this on [livejournal.com profile] 5th_estate and thought I should share.
If I were a billionaire, the three most extravagant things I would want would be a baseball team, an old-fashioned movie palace, and a newspaper. Because I like those things. I wouldn't expect big returns, but I also wouldn't endow them with dump-trucks full of my money; I'd be happy with break-even. Because a winning ball club, a real theater (as opposed to a crappy little closet at the multiplex), and a solid newspaper are good for the community.They're good for the soul.
I agree with the movie palace and the newspaper (especially here in Cowtown). The sports team? Not so much.

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