Tuesday, November 29, 2005

Is This One of the Reasons For 9/11?


From the New York Psychogeographical Association, nov 30, 2001:

"Though this may be hard for some to believe, especially in these sentimental times, the so-called Twin Towers at the World Trade Center were hated by many New Yorkers, who before September 11, 2001 would have been happy if the goddamned things had never been built and after September 11th are glad that they're gone.
Built for an enormous amount of money between 1966 and 1970 by the Port Authority of the State of New York...the Twin Towers were always money-losers as rental properties and required huge subsidies (tens of millions of dollars a year) from the State of New York to remain solvent. Because all of the windows in both towers were sealed up tight...the WTC complex was ludicrously costly to heat and light. Furthermore, visiting business men and women weren't satisfied to remain within the WTC's purportedly self-sufficient universe, and wished to venture (and shop and do business) outside of it.
In the 1980s, advances in information and telecommunication technologies decentralized the financial markets, which in turn "rolled back" the necessity for foreign institutions to be in close physical proximity to each other, Wall Street and the rest of lower Manhattan, which is precisely what the gigantic size and centralized location of the Twin Towers were intended to provide.
In New York City, obsolete buildings are infrequently saved, whatever their historical or architectural interest. Most often, they are simply torn down and replaced. The only thing that saved the Twin Towers from demolition was the fact that they were filled with asbestos, which would be released into the air if the buildings were destroyed by controlled explosions. In 2000, the Port Authority calculated that it would cost $1 billion -- i.e., much more money than the Port Authority could afford to spend -- to remove the asbestos before the buildings were destroyed."

So instead of a costly asbestos removal, WTC leaseholder Larry Silverstein stood to receive 7 billion dollars in insurance payouts.

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