Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Didn’t mayor 6.6% once say “we are the most transparent administration ever”.
There’s some merit to the idea of buying back the contract, depending on the price of course. The original purchase price was $1.57 billion, it took just 10 years to pay that off. As it stands, I think that 75 year lease ends in 2083 so repurchasing should be a net long term positive, if done right. Of course, the city doesn’t have the billions, it’d have to issue bonds, no sure bet, or borrow and raise taxes to pay for one of the dumbest things Daley ever did, the Skyway being another.
Another democrat using our money like their personal bank account.