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Podcast: News For Reasonable People
Episode: Portland's FAILED Ritz Carlton: Taxpayers Face $85 MILLION Disaster as Crime DESTROYS Downtown
Description: Portland's Ritz Carlton disaster: $85 million underwater and sinking fast. Yet another example of liberal leadership watching as their crown jewel drowns in a sea of bad decisions. This video exposes how a luxury development meant to revitalize downtown Portland has become a financial catastrophe, with hundreds of millions in investment evaporating while gun-toting criminals and protesters run wild in the streets below. We break down the $600 million construction cost versus the pathetic $425 million current valuation, the empty condos nobody wants, and the desperate lenders fighting over the scraps. Is anyone surprised that putting a...