Chicago is held hostage by a 75 year lease of its parking meters to Morgan Stanley, impacting public transport and alternate transportation funding.

  • snooggums
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    618 months ago

    Yet another example of how terrible privatizing public infrastructure turns out in most cases.

  • aard
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    388 months ago

    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?

    • @Serisar@feddit.de
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      8 months ago

      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

  • hash
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    218 months ago

    Don’t miss standupmaths side of this collab. Caught both on premier but the poking fun at climate town’s video style is hilarious.

  • Yardy Sardley
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    178 months ago

    That brick wall gag was incredible. Matt Parker & Rollie Williams as a duo is too powerful

  • @pdxfed@lemmy.world
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    138 months ago

    Matt Taibbi piece that ops video probably pulled from. For those to whom this is news, don’t pay yourself on the back, municipalities and states all over are doing this and have been for a while: https://www.rollingstone.com/politics/politics-news/exclusive-excerpt-america-on-sale-from-matt-taibbis-griftopia-47769/

    If you like the piece, Taibbi was one of the few who dug into and wrote about the great bailouts and all the scamming of American public at behest of lobbyists, the powerful and the “elected”. He’s got lots of other good work.