so why can't the rest?

PacBell/SBC/AT&T Park (SF Giants) is privately financed, with $20,000,000/year mortgage payments.

If the 49ers stadium ever gets built in SF or SC, it will be mostly or completely privately funded.

If the A's stadium in Fremont ever gets built, it will be 100% privately funded.

Besides, Beep said "not as bad as you think" - he didn't say it was a good deal. Frankly, I want to know how you spend $500 million on a basketball arena (that seats <20,000) - that's about enough to build a deluxe football stadium (~70,000) or baseball park (~40,000).

--Tony