$43.5 million left to pay for imploded Kingdome
14 years ago today this was the scene in downtown Seattle as the Kingdome was brought to its knees:
Since then the Seahawks have made 2 Super Bowl appearances, winning one, and taxpayers have paid nearly $135 million to retire debt on the imploded Kingdome ($25.8 million for original construction and $109 million for repairs has been paid for debt service since 2001 to date).
For those still nostalgic for the Kingdome, rest easy. You'll have the privilege of paying an additional $43.5 million to finally retire the outstanding debt service on January 1, 2016.
Taking on debt is a lot like trying to tackle Marshawn Lynch - it sounds easy right up to the point you are left behind as he runs over you. That's not to say you shouldn't make certain investments, but just be aware the pain may linger long after the shower of skittles ends.