September 11, 2012
NYC 9/11 Memorial: Honoring the Dead by Fleecing the Living?
Hat tip: Reason TV Written by Jim Epstein and Nick Gillespie, narrated by Kennedy, and shot and edited by Epstein, with help from Anthony L. Fisher. More than a decade after the 9/11 attacks, a new World Trade Center is finally rising, along with a memorial, museum, and a transit hub. When the projects are slated to open they'll supposedly symbolize America's strength, determination, and refusal to cave in. But they really tell a different story about taxpayer rip-offs, public-sector incompetence, and union and corporate greed. One World Trade Center, formerly known as the Freedom Tower, will be the most expensive office building in American history by a long shot. Cost overruns have driven the price tag to $3.8 billion. The Port Authority of New York and New Jersey, the public agency that's running the show, is sticking commuters with part of the tab by hiking tolls across the Hudson River to $12. The new complex will dump 3-million square feet of office space into a soft...(Back to Video)