Olympic get rich deal in Chicago

[PaulS]

Originally Posted by fishbones

Detroit would be a much better choice for the Olympics. There's a city that needs jobs and a stimulated economy a lot more than Chicago. And with all the very cheap available real estate (by that I mean burned down city blocks), it wouldn't cost as much as it will in Chicago.

there's a lot more to do in Chicago.

One thing that suprised me about Detroit was that while I am sure I wasn't near the worse neighborhoods was that it didn't look real bad. We would be driving by a lower (working) class area and the houses looked maintained but then you would notice a window broken here and there which obv. indicated that the house was abandoned. Even downtown there were buildings with no tenants but they still looked like it wouldn't cost much to fix them up.

[scottw]

Originally Posted by PaulS

We would be driving by a lower (working) class area and the houses looked maintained but then you would notice a window broken here and there which obv. indicated that the house was abandoned. Even downtown there were buildings with no tenants but they still looked like it wouldn't cost much to fix them up.

I think during the Clinton Administration they referred to these as Empowerment Zones

The Empowerment Zone Program consists of three US congressional designations [1]. The Renewal Communities (RCs), Empowerment Zones (EZs) and Enterprise Communities (ECs) are highly distressed urban and rural communities who maybe eligible for a combination of grants, tax credits for businesses, bonding authority and other benefits. Highly distressed refers to communities who have experienced poverty and/or high outmigration based upon definitions in the law. These designations, RCs, EZs and ECs were awarded in three competitions since 1994. The program ends on December 31, 2009.

in otherwords, places where we continue to shovel tons of taxpayer money with absolutely no result because the elected heirarchy are completely corrupt...I don't thein the residents will ever be "empowered" but they get what the vote for don't they?