Freedom No Longer

One World Trade Center aka the Freedom TowerOn Thursday, March 26, 2009 the Port Authority of New York & New Jersey, who own the land upon which the World Trade Center towers stood, announced that the new skyscraper being built to replace the buildings destroyed by Islamic terrorists on September 11, 2001, will no longer be named the Freedom Tower. It will be given the name, One World Trade Center, which has technically always been its legal name and street address.

The change from Freedom Tower to One World Trade Center was announced on Thursday at a news conference where the Port Authority revealed the signing of the first commercial lease in the building by a Chinese company to create the China Center, a 190,810-square-foot business and Chinese cultural facility in downtown NYC.

The founding director of VOICES of September 11th, Mary Fetchet said she was not familiar with the decision made by the Port Authority and was not willing to make a statement. VOICES of September 11th a group that commemorates the lives of those killed in the Islamic terrorist attack.

We’ve referred to the primary building planned for the site as One World Trade Center — its legal name and street address — for almost two years now, as well as using the name the Freedom Tower.

Many will always refer to it as the Freedom Tower, but as the building moves out of the planning stage and into full construction and leasing, we believe that going forward it is most practical to market the building as One World Trade Center.

The fact is, more than $3 billion of public money is invested in that building, and, as a public agency, we have the responsibility to make sure it is completed and that we utilize the best strategy to make certain it is fully occupied.

— Stephen Sigmund
Port Authority Spokesman

Immediately upon the signing of the contract, the China Center granted the Port Authority a $10 million USD letter of credit. 😉

They can call it marketing all they want, but I think the timing of the announcement shows that they just couldn’t stomach calling it the Freedom Tower after leasing nearly 10% of it to China.

The current plan is for the China Center at One World Trade Center to house the elite of Chinas business and cultural communities and serve as a beachhead for Chinese firms developing United States operations.

The services available to clients of the China Center community are planned to make the overseas expansion process of these companies as seamless as possible. The tenants are also to receive: relocation assistance, real estate services, business & financial support, public relations & investor relations, legal services, networking opportunities, event management & special catering, and personalized travel services.

Of course the Chinese are “requesting” that the Empire State Development Corporation subsidize their rents to the tune of $954,050 per year for 15 years.

One doesn’t have to wonder if the Chinese understand the slight carried by the Port Authority’s chosen timing for the public announcement of the name change; the Chinese have a 6000 year history of insults, pride, and “face.” One does have to wonder if they care though.

I’m fairly sure, with China’s ownership of a huge portion of America’s debt and with the Obama administration’s plans to greatly increase that debt, that the Chinese view the new China Center as something between a way of overseeing their investment in America and a Provincial Capitol. A few veiled insults from their “tenants’ aren’t going to amount to much.

It’s appropriate then -IMHO – that One World Trade Center no longer be named the Freedom Tower; such a naming would be a mockery.

Related Reading:

America: The Cookbook
Wild Swans: Three Daughters of China
China's Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle
America
The Mysterious Benedict Society Complete Paperback Collection

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3 Responses to “Freedom No Longer”

  1. Susanne Says:

    Hey, I hear China has become more capitalistic in their business dealings .. maybe they will teach us a thing or two. 🙂

    But I agree that Freedom Tower and China don’t go together.

    I really hate being in financial debt to them. :-/

  2. jonolan Says:

    Susanne,

    China’s only sort of capitalist. They melded Authoritarian Communism or State Socialism and Capitalism into something vaguely – only vaguely – reminiscent of Mussolini’s Fascism in WW2 era Italy. It’s, seemingly so far, a mixture made up of the worst parts of all the involved socio-political-economic systems. 🙁

    Yeah, China and the “Freedom Tower” don’t go together at all.

  3. Josh Brandt Says:

    Well I don’t blame them for trying to keep a closer eye on us. If a person owed me several billion (or trillion) dollars, I would want to be closer to them too. But it sucks that it has to be that way.

    I can’t help but wonder how the president is taking this news. Somehow I think that he would enjoy being closer to his marxist brothers.

    Also you called them terrorists, the messiah would not approve jonolan. Watch your back man, his secret police will be out in force soon.

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