NY's Tower of Lemon Socialism to cost 3.8B

noob_trad3r · Jan 30, 2012

http://online.wsj.com/article/SB100...91371172049652.html?mod=WSJ_hp_LEFTTopStories

Wow reminds me of that mega hotel that North Korea built.

Tolls and Taxes to increase by major proportions to help defray this tower of Lemon Socialism.

This is going to be our Ryugyong Hotel

http://en.wikipedia.org/wiki/Ryugyong_Hotel

Covertibility · Jan 30, 2012

$3.8 billion for a building that can generate revenue vs trillions that went to fund the Iraq War that does what again?

noob_trad3r · Jan 30, 2012

Quote from Covertibility:

$3.8 billion for a building that can generate revenue vs trillions that went to fund the Iraq War that does what again?

Read the whole story. What does this have to do with Iraq?

Covertibility · Jan 30, 2012

The broader issue is the use of taxpayer money. Compared to the financial blackholes created during the reign of Generalissimo Bush, this venture is but a mere singularity.

macroman · Jan 30, 2012

Quote from Covertibility:

The broader issue is the use of taxpayer money. Compared to the financial blackholes created during the reign of Generalissimo Bush, this venture is but a mere singularity.

even broader issue is economic logic was replaced by the logic of religious fundamentalists. and is not going back.

veritas007 · Jan 30, 2012

This building has a huge symbolic value. It symbolizes that America we not be broken by Islamic terrorism. Unfortunately, America is in economic decline, but I still support this building as a big F you to terrorists.

nutmeg · Jan 30, 2012

Quote from veritas007:

This building has a huge symbolic value.

Yes it does have symbolic value. We are able to build an imperentrable concrete bunker (think correctinal facility) with restricted access in the middle of a city, gaurded by whom I haven't heard but I'm sure everyone will be armed, camera's everywhere. Sounds like a nice place to do business and invite people to your office for lunch/business. (esp your kids).

EvOTraderV2 · Jan 30, 2012

the design is absolutely terrible. It's really an eye soar

KINGOFSHORTS · Feb 1, 2012

Quote from veritas007:

This building has a huge symbolic value. It symbolizes that America we not be broken by Islamic terrorism. Unfortunately, America is in economic decline, but I still support this building as a big F you to terrorists.

Its more like a Big F you to the working stiff in America when tolls are slated to go up 57% and other taxes to be raised on the average NY employee.