Chicago is held hostage by a 75 year lease of its parking meters to Morgan Stanley, impacting public transport and alternate transportation funding.
Yet another example of how terrible privatizing public infrastructure turns out in most cases.
And how terrible cities are. And how terrible First Past the Post is, which is what enabled an incompetent mayor to rule qith impunity.
Cities are fine. Cities built around cars sucks. Cities built around people are phenomenal.
I’m going to optimistically assume that’s what they meant. Our cities fucking blow.
I just googled that, assuming it must be something from the 50s or maybe 60s - but 2008? What the fuck is wrong with you guys over there?
I mean, it is tempting if you are a soulless politician that only thinks as far as the next reelection. In 2008 the economy and therefore city finances were just a tiny bit under the weather. If you are then able to pull a deal that nets the city over a billion dollars, that’s great. You won’t be there to see the repercussions and you bolstered the balancesheet for a year, what’s not to like? /s
I heard about this situation a couple years ago and thought it sounded like a terrible deal for Chicago. Turns out it’s even worse than I thought! Hopefully the city can find some way to mitigate the damage caused by it.
I was living in Chicago at the time. Everyone knew it was a terrible deal but Mayor Daley ruled the city with an iron fist and did whatever he wanted.
Mayor Daley ruled the city with an iron fist and did whatever he wanted.
Exactly. Just ask Meigs Field.
Story still pisses me off to the day I heard about it.
TL,DR: in the dead of night bulldozers physically tore up portions of runway. Standing 50+ airplanes. FAA approved using taxiway to evacuate
Don’t miss standupmaths side of this collab. Caught both on premier but the poking fun at climate town’s video style is hilarious.
That brick wall gag was incredible. Matt Parker & Rollie Williams as a duo is too powerful
