"The comfort of the rich depends on an abundance of the poor." ~ Voltaire
"If any man tells you he loves America, yet hates Labor, he is a liar." ~ Abraham Lincoln
Friday, April 24, 2009
General Growth Properties business model is about saturating markets with subsidized and unnecessary developments, and they're tax cheats on top of that. Schadenfruede washes over me with the announcement of their failure.