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If you are a Red Sox fan, do you want the Yankees to be able to finance a new stadium through the use of municipal bonds...

If you are a Red Sox fan, do you want the Yankees to be able to finance a new stadium through the use of municipal bonds?

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Being a Red Sox fan, I would not prefer Yankees being able to build a stadium from low cost funds. The municipal bonds allow money to be raised at low cost due to quasi government guarantee and also lower risk for investors. Diversion of money raised for public good to build a stadium for a rival team is not something that I would prefer.

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