The Indiana Toll Road may soon have a new operator. The Australian-based IFM Investors has agreed to purchase the remaining 66 years on the lease that the state of Indiana struck with ITR Concession Company, which filed for bankruptcy protection last year. ITR is a foreign consortium of Spain-based Cintra and Australia-based Macquarie. “We believe…
Credit: Flickr, Jimmy Emerson Indiana’s state government will not attempt to reclaim the Indiana Toll Road after its operator filed for bankruptcy. The foreign consortium which bought the rights to a $3.8 billion, 75 year lease of the 157 mile long Indiana Toll Road — which runs from the Illinois border to the Ohio border…
Baseball, apple pie, Chevrolet, and… prisons? America’s three most iconic things could probably be expanded to include incarceration. Consider this: nearly 1 in 100 Americans (including the childhood population) are behind bars. Amazingly, 1 in every 35 adults in the United States are either in probation, parole or incarcerated. China has a far lower prison…
Indiana is a right-wing, conservative state. Somehow, however, the state seems to fly under the radar of the national media when they address the right-leaning activities in other states like Texas and Wisconsin. This is curious because it has frequently been Indiana at the forefront of many of the right-wing laws that have garnered attention…
