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HOW CAN THE US BE IN A DOUBLE DIP RECESSION AND STILL PAY PRO FOOTBALL, GOLF, BASKETBALL PLAYERS THE MILLIONS THEY RECEIVE FOR PAY?
posted at January 4, 2012 1:36 PM EST
First: October 5, 2011
Last: January 15, 2012
We are in a double dip recession, worst since the GREAT DEPRESSION. Please explain to me how all the PRO FOOTBALL, BASKETBALL, GOLF AND BASEBALL PLAYERS STILL HAVE MULTI-MILLION CONTRACTS?? I DO NOT UNDERSTAND IT. I DID HEAR THAT BANK OF AMERICA WAS LOANING MONEY OUT TO PAY FOR EITHER A PRO FOOTBALL OR BASKETBALL PLAYERS SALARY FOR THE YEAR, WHICH ARE IN THE MULTI-MILLIONS. When I hear how somebody on a PRO SPORTS TEAM, IS GETTING MULTI-MILLION SALARIES TO PLAY, HOW IS THAT POSSIBLE WITH A DOUBLE DIP RECESSION.