Wednesday, December 17, 2008

Alderman Appprove Olympic Village Deal

The cities alderman today agree to an $86 million deal for the city to buy the Michael Reese land for the proposed Olympic village. Early in the week they demanded that the city give more minorities contracts associated with the Olympics, but this seems to be lip service. At the end they voted 48-0 in favor of the deal.

If you read this article on the Chicago Tribune, please read the user comments as well, pretty entertaining. Not one positive comment...but that's too be expected given the current economic climate. The governor's corruption case also puts a spotlight on the bid and make people pretty skeptical and cynical about any government program or action.

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