He had to promise them one of his lovely TIFs, but Daley did manage to convince mapmakers Navteq to stay in Chicago rather than relocating back to the Silicon Valley in California. It's the City of Chicago vs. Harry's Hot Dogs and the Showmen's League of America and a Giordano's restaurant. And throw in a travel agency too. City Hall wants the buildings at 300-308 W. Randolph torn down to make a small park...
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Long Distance Economic Development
The approximately 20 million people of Mexican origin in the United States create a larger domestic product than the entire county of Mexico. The dollars that are sent to Mexico from around the world amounts to around $20 billion per year, which is sparking mass development and an increased standard of living across the county. The interesting issue is that of population, even as the country is receiving these funds (which are second only to oil revenues) the population continues to remain stagnant. As Matthew Quirk put it in his article in the April issue of The Atlantic, this influx of cash is good for both economies involved, but at the same time, “It’s also a sign of workers stuck between two worlds.”
Rush to Judgment
The Rebirth of Englewood Community Development Corporation is a not-for-profit organization that was founded by US Congressman Bobby Rush to encourage community and economic development in the Englewood neighborhood. Back in 2003, telecom giant SBC’s foundation* gave a $1 million grant to the organization to help establish the Bobby L. Rush Center for Community Technology, which would allow training and business development for the community. It all sounds so great, right? An example of corporate...

