Chicago Doesn’t Own Its Own Streets
Chicago Doesn’t Own Its Own Streets
Chicago is held hostage by a 75 year lease of its parking meters to Morgan Stanley, impacting public transport and alternate transportation funding.
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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
I always appreciated it because it's probably the only time a politician specifically fucked over the ultra rich for the benefit of the general public.