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Thanks to a deal finalized in 2008, Chicago’s parking meters will be operated for the next 75 years by a group of investors put together by Morgan Stanley, including the sovereign wealth fund of Abu Dhabi.
Thomas Frank
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Thomas Frank
Age: 59
Born: 1965
Born: March 21
Historian
Journalist
Kansas City
Missouri
Thomas Carr Frank
Deals
Investors
Wealth
Fund
Meters
Next
Chicago
Morgan
Together
Thanks
Operated
Years
Group
Stanley
Including
Meter
Groups
Parking
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Sovereign
More quotes by Thomas Frank
The only truly individualistic health-care choice - where you receive care that is unpolluted by anyone else’s funds - is to forgo insurance altogether, paying out-of-pocket for health services as you need them.
Thomas Frank
Conservatives may believe that impoverished borrowers destroyed Wall Street. But we liberals will not fool ourselves that stupid bankers sank conservatism for good.
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Bad government is the natural product of rule by those who believe government is bad.
Thomas Frank
Government is, by its very nature, a destroyer of liberties the Obama administration, specifically, is promising to interfere with the economy and the health care system so profoundly that Washington will soon have us all in chains.
Thomas Frank
Joe Klein is the flower of American political journalism, a sharp raconteur who shows traces of the gonzo style that was in vogue when he was honing his craft at Rolling Stone back in the day.
Thomas Frank
When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no money for building bridges or inspecting meat. Not surprisingly, running up a deficit is a strategy favored by the wrecking crew for its liberal-killing properties.
Thomas Frank
There is something uniquely depressing about the fact that the National Portrait Gallery’s version of the Barack Obama “Hope” poster previously belonged to a pair of lobbyists. Depressing because Mr. Obama’s Washington was not supposed to be the lobbyists’ Washington, the place we learned to despise during the last administration.
Thomas Frank
Privatizing bits of the prison industry was a step in the right direction, but what we didn't have - until recently - were proper instruments for incentivizing the judiciary. That's what the 'kids for cash' judges were apparently experimenting with.
Thomas Frank
Governing was always difficult for conservatives, but as they return to the opposition, they are rediscovering their skill at blame evasion.
Thomas Frank
I was in a bad mood when I wrote that.
Thomas Frank
If your purpose is to understand the clique of people who dominate Washington today, the emails that really matter are the ones being slowly released by WikiLeaks from the hacked account of Hillary Clinton's campaign chair John Podesta.
Thomas Frank
Republicans run the machine when it's their turn, and then hand the wheel over to Democrats when the public has had enough.
Thomas Frank
As you watch the world crumble, try taking your Armageddon with this sprinkling of irony: Over the last three decades, business has got virtually everything it wanted, and its doomsday scenario from the 1970s has come true because of it.
Thomas Frank
Above all else stands the burning question of bipartisanship. Whatever else the politicians might say they're about, our news analysts know that this is the true object of the nation's desire, the topic to which those slippery presidential spokesmen need always to be dragged back.
Thomas Frank
I was never a fan of Barack Obama's bipartisanship routine.
Thomas Frank
Americans have known about mounting inequality and king-sized Wall Street bonuses for years. But we also had an entire genre of journalism dedicated to brushing the problem off.
Thomas Frank
When the entertainers of the right aren’t declaring their disgust with President Obama for groveling before foreign potentates, they’re pretending to fear him as a left-wing thug, an exemplar of what they call “the Chicago way.”
Thomas Frank
Back in the days when the market was a kind of secular god and all the world thrilled to behold the amazing powers of private capital, the idea of privatizing highways and airports and other bits of our transportation infrastructure made a certain kind of sense.
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A lot of populists after populism died just became socialists. At the beginning of the 20th century, socialism looked like it was going to take off. It didn't, of course, but a lot of people thought it was going to.
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Acknowledging class was always difficult for 'New Democrats' - it was second-wave, it was divisive - but 2008 made retro politics cool again.
Thomas Frank