Jerry Reinsdorf Quotes
Baseball is a poorly run business.
Helyar, John. Lords of the Realm: The Real History of Baseball. Ballantine Books, 1994.
For an earlier expression of this idea, see Voltaire {612730}
Ex HEW Secretary John Gardner, the founder of the citizens' lobby, Common Cause, was testifying before Hays' committee: Gardner, considered an excellent Secretary by most, was a reformer who was making some suggestions not to Hays’ liking. This quote was Hays’ reposponse to Gardner. Hays was not only a bully but his lack of tact caused the State Departmemt much trouble. See {622348}.
The "spigot" refers to the fact that immediately after the 9-11 attack, huge sums of money were available and the Department of Homeland Security was created by moving many different agencies from other departments into the new department. There were poor or no fiscal controls, and at the same time the public officials of the new department were under such extreme pressure lest there might be another attack that they went forward with almost every scheme that anyone claimed would make the nation safer. Most were useless and some just frauds, and much money was wasted. What is particularly interesting about this quotation is that a high government official admitted that things were handled badly and money had been wasted.
Jerry Michael Reinsdorf is an American billionaire businessman, and the owner of the NBA's Chicago Bulls and the MLB's Chicago White Sox. He started his professional life as a tax attorney with the Internal Revenue Service. He has been the head of the White Sox and Bulls for over 35 years.