The New York Yankees, World Series champions yet again, are preparing to have 50 tons of confetti dropped on them. Yes, Math Wizards, that would be 100,000 pounds of little, tiny bits of paper. On Friday, the champions will be honored with a ticker-tape parade down a stretch of lower Manhattan that has been poignantly dubbed the “Canyon of Heroes.”:
Fans are expected to begin gathering early in preparation for the
ticker tape parade, set to begin at 11am. The parade route will move
through the “Canyon of Heroes,” beginning at the Battery (the
southernmost tip of Manhattan), heading up Broadway and concluding at
City Hall. About twenty buildings along the Yankee parade route have
been supplied with shredded paper,
as actual ticker tape was retired from use by the NYSE in the 60s. The
city estimates a cost for the Yankees victory parade similar to that of
the Giants’ Super Bowl parade in 2008, around $330K. All but $24K of the cost was covered by private donations.
(source: The Inquisitr)
Even before the Yankees beat the Philadelphia Phillies to clinch the title, and even in the midst of a heated mayoral race, NYC Mayor (and gazillionaire) Mike Bloomberg made it a point to clarify that he wouldn’t dream of New York not having the ticker-tape parade if the beloved home team won — bad economy or no:
The Bloomberg administration won’t jinx the Yankees by prematurely
planning a ticker-tape parade – but City Hall says it would be a smart
event to hold in a tough economy.
“We always find a way to honor our teams, but we don’t discuss plans beforehand,” mayoral spokesman Stu Loeser said.
city’s last ticker-tape parade honored the Super Bowl-winning Giants in
January 2008 and cost $331,000, all but $24,000 of which was covered by
NYC & Co., the city’s marketing arm.
costs don’t count the expense of staffing it with city workers – a
figure Loeser said was unavailable – but was justified by the economic
boost and national exposure New York will get from the World Series.
(source: The NY Daily News)
So, at the risk of being the unpopular one to rain on this ticker-tape parade, might I suggest that when a city is willing to spend upwards of $400,000 to throw 100,000 pounds of paper on top of men for winning a game, there is something a tad bit wrong with this situation?