Reply #42: Is this even relevant?

[Ikonoklast]

But Daley and the city seem to be going ahead with plans to construct the Olympic Village--and no one is batting an eye at the closing of the privately run hospital Michael Reese Hospital. The 127-year-old hospital is beset with budget problems, and currently uses less than half of its 360 available patient beds.

It is privately held, soooo, what, exactly? It has had monetary problems for a number of years before being closed.

Does the author want public monies spent propping up a decrepit privately-held enterprise that can't compete enough to keep its beds filled with patients?

Seems like a poor example to bolster his argument.