Saudi or Quatari money?
Looks like a semi-privatization. This is probably a good move for the city, and expect more of this as cites with budget problems need to sell assets.
Any ports in Colorado?
Too bad it comes with union labor - doomed to fail.
Meanwhile in Kingsport, a $1.2 billion expansion was announced and is in progress
If you’ve seen the concluding scene in the Chuck Norris movie “Code of Silence”, that’s the Port of Chicago.
The neighborhoods to the west of it (Pullman, Roseland) have turned into crime-ridden hell-holes with empty lots and abandoned buildings ala Detroit; the public housing south of it (Altgeld Gardens) has always been a dangerous dump; and the neighborhood just northeast of it (South Deering) has totally deteriorated over the past four decades once Wisconsin Steel shut down.
Oh, and for those who are interested, Altgeld Gardens and South Deering are where BO got his start in the community organizing racket.
If Romney had any kind of election brains working for him, he’d have filmed commercial after commercial using Chicago’s fraying infrastructure.
Obama has simply taken the Chicago Way national.