I hate to see the hits that golf is taking from the economy. Unfortunately, major sponsors have failed financially and golf like any component must be weighed on its contribution to the profit ledger. What were the executives thinking when they took government funds to save their companies (paid huge bonuses) and then spent lavishly at the golf tournaments for non golf related entertainment. The sponsors showed poor judgement and I can not blame elected officials for pointing out the misuse of government funds. However, golf took the hit . Company executives must think they are professional athletes that command multi-million dollar salaries. I can't afford to pay Manny Ramirez !! So when, ticket prices or the product prices are no longer affordable by the "average " person---executives take the money and run(or RUN to Uncle Sam) . One article I read attempted to justify the sponsors of a golf tournament by pointing out their charity contributions of over 50 million while glossing over the billions the sponsor received in bailout money. Charity should not sink a corporation. Maybe it's time to look at tournament Prize funds and ticket prices before it's to late. How much was that ticket to the Masters?
Comments (2) | |
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aumurray
10/3/2009 8:31:28 AM Good comments |
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pjcedog
3/12/2009 5:14:49 PM I agree, I don't pay taxes to buy food and booze for rich people. Or if the government does it I don't want to know about it. Unfortunately we live in a society where humility and frugality are totally inconsequential principles even for average people today. Everyone wants to live big and rich and they think that is normal.lly inconsequential principles even for average people today. Everyone wants to live big and rich and they think that is normal. |