AGAIN, in your face! It's RONA! OK. Tonight's fix. CUT THIS beauty OUT and paste it in your DASHBOARD. http://globalarchive.ft.com/globalarchive/article.html?id=010915001184&query=Terrorism+Escape+Clause or dig it out, yourself by going to The London FINANCIAL TIMES at http://www.financialtimes.com and do a search on this phrase "TERRORISM ESCAPE CLAUSE" you'll get the url above, an article that goes like this. ASSAULT ON AMERICA INVESTIGATION: Terrorism escape clause in World Trade Center lease PROPERTY: By NORMA COHEN The owners of the demolished World Trade Center in lower Manhattan acquired the buildings just two months ago under a 99-year lease allowing them to walk away from their investment in the event of "an act of terrorism". The owners, Silverstein Properties and Westfield America - a shopping mall specialist - purchased the buildings from the Port Authority of New York and New Jersey for Dollars 3.2bn in July and completed the financing just two weeks ago. Neither of the buyers would comment on terms of the lease, but such a clause would be considered reasonable for the purchase of a building that had already seen a terrorist bombing and was considered a possible future target. The lease document is understood to spell out certain conditions under which the lessees could walk away from their obligation to spend Dollars 200m in capital improvements and pay annual rental charges. It is understood that the buildings are insured for more than Dollars 3billion, enough to cover rebuilding costs. However, an executive connected to the buyers said: "Ultimately, the decision will be made by politicians. It is a state and federal government decision about whether or not to rebuild on the site." Larry Silverstein, chairman of Silverstein Properties, said yesterday that he was determined to rebuild on the site. "It would be the tragedy of tragedies not to rebuild on this part of New York," Mr Silverstein was quoted as telling the Wall Street Journal. "It would give the terrorists the victory they seek," he said, adding that he felt a moral (YEAHHHH) obligation to rebuild on the site. Although there have been some suggestions that the site should be left vacant as a memorial park, its location at the heart of America's financial capital means it is probably far too valuable to lie undeveloped. Copyright: The Financial Times Limited IN other words, the real ex owners, the bank, Chase Manhattan, CITIBANK, which is really the IMF...are off the hook. They got their payoff and are out of it. These new people don't LOSE money, they have 99 years to make money after they rebuild. My comment is jeez, If they'd only told us earlier, that the IMF was no longer the landlord, MAYYYYYBE we'd have gotten OUR kid off whatever floor! THEY damn well KNEW it was coming. Ben Chambers, of 47th floor said in PEOPLE MAGAZINE today "last few weeks they've been making us have ESCAPE DRILLS!" SOMEBODY UPSTAIRS KNEW! So, to sum this up, no big IMF or NYC bank was left holding the bag, the new lessors (who bought a pig in a poke) saved a few billion tearing the old ratty thing down for free and cheap. It was a firetrap and they knew it, shafts and stairwells carried heat. NOBODY CARED what terrorists were going to DO to this bldg. It hadn't been owned by IMF city bank and CHASE MANHATTAN for several WEEKS! The new lessors can collect and rebuild. Hey, BAD TIMING TERRORISTS. You just gave the BUSH OIL COMPANY and its KUWAIT and SAUDI chums just the spectacular HORROR SHOW that they always wanted! WTC HARBOR! THE WHOLE MIDDLE EAST ON A PLATE as the spoils of a long and costly (let me rephrase that) CHEAP war. Cheap cuz they own the pentagon and the war toy companies so they make bux there and your son's life is real cheap. Army boys get what, a 100$ a week? So citizens of the USA? How do you spell SHAFT? The people always get the gov they deserve! We who let FLORIDA VOTE HIM IN deserve him. We who drive gas guzzlers deserved BUSH and OIL PREXY. Just a month ago, KUWAIT AND THE BUSH HOUSTON OIL COMPANIES all merged. Want that current event sent you by me? Someone should get Ed Begley and all the celeb visionaries to impeach THE GAS CAR and give us a clean air world. No cancer for your grandkids. We had such great AIR in LA the four days jets didn't fly. Maybe we can run airplanes on something other than fossil fuel, too.
