It's official

[phk]

Don Boudreaux, chair of the George Mason University's Economics dept.

    ...Uncle Sam is on the verge of paying the City of Los Angeles $30 million to subsidize a ten-year run of Cirque du Soleil.

    So it's finally come to pass - America has embarked on the same road down which ancient Rome marched to its ruin: Uncle Sam not only subsidizes bread (by subsidizing wheat production) but now also circuses.

[Jacobtm]

Time to move to Brazil? or India?

[○∙◄☻¥tπ[╪AV┼cVê└]

The state government spent $60 million on this circus.

http://en.wikipedia.org/wiki/California_gubernatorial_recall_election,_2003

[opebo]

Yes, the amount spent is encouraging but inadequate.  You silly moralists need to get over the idea that 'spending money' is 'bad'.

[Citizen James]

you know, it's not that hard to insert a link.

If something is "official" it shouldn't be to hard to get one - and these boards have seen plenty of hacks shouting something as a certainty when it was only a vague rumor.

In addition, a subsidized loan is not the same thing as a subsidy.  Loans come with an expectation of payback.   

Whether a loan is necessary for such a successful operation is perhaps questionable, just as it is for sports stadiums - but it is very different than a raw giveaway.