Monday, May 18, 2009

What Budget Hole?

We trust everyone heard about the little "affordable" housing scandal that popped up? Where the connected and the clouted (who already owned one or more houses, condos or other property) manage to get mortgages, in some cases with taxpayer-funded subsidies paving the way?
  • Matis was among 89 people who received one of those taxpayer-funded subsidies that ranged between $10,000 and $25,000, property records show. But there are no records of anyone repaying those subsidies when they resold their homes.
Even if every subsidy was the barest minimum of $10,000 that's almost a cool $1,000,000 the city laid out to assist the connected in increasing their assets.

Guess what Shortshanks said Sunday?
  • Mayor Daley said he doesn't expect the city will ever be reimbursed by people who got government subsidies to purchase "affordable" housing, only to flip the property for a profit.

    A Chicago Sun-Times investigation revealed that 50 taxpayer-subsidized affordable homes at University Village were resold -- often within just months -- for huge profits.

No raises available for police or firemen, but we can let a bunch of his business buddies and their cronies steal $1,000,000 from the taxpayers. Oh, he'll put rules in place that will prevent this from ever happening again, you know, for normal people. But he won't seek to recoup a million dollars.

If you don't pay those $75 parking tickets right away, he'll boot your car, tow it, charge you $125 for the tow, $10 per day storage fee and then when you still can't pay the ticket, sell your car for pennies on the dollar.

But if you steal a $25,000 subsidy to make another $75,000 flipping property, you're all good.

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41 Comments:

Anonymous Anonymous said...

THAT WAS BEAUTIFUL.

5/18/2009 12:14:00 AM  
Anonymous HATER said...

WEIRD IF AN OFFICER WIFE LIVE IN THE BURB THE CITY WILL HUNT U DOWN.

BUT STEAL 10K FROM A HOUSING PROGRAM AND ITS ALL A BIG MISTAKE...

THE CITY WRITES IN THE CONTRACT THAT U MUST PAY BACK A CERTAIN AMOUNT OF CASH IF U FLIP THE HOUSE TO FAST ....
HELLO ATTORNEY GENERAL
HOFFMAN U OUT THEIR?
10 K IS ALOT OF PARKING METER MONEY!

5/18/2009 12:17:00 AM  
Anonymous Anonymous said...

TV?

5/18/2009 12:21:00 AM  
Blogger Phil Schitz here said...

"If you don't pay those $75 parking tickets right away, he'll boot your car, tow it, charge you $125 for the tow, $10 per day storage fee and then when you still can't pay the ticket, sell your car for pennies on the dollar.

But if you steal a $25,000 subsidy to make another $75,000 flipping property, you're all good."
--------------------------------

Ace Reporter Phil Schitz says Mayor Daley looks at the above statement and sees nothing wrong. Hey! You reporters from the mainstream media, I see more coverage in this blog than what's covered in the papers and media. What gives?

5/18/2009 12:31:00 AM  
Anonymous Anonymous said...

Already have the ABLA homes thir sooooooooooooooooooo their is your affordable housing. I payed top dollar tolive their. Now you are going to change the rules. Lets make Clearing/ridge or the north west side 1/5 affordable housing.

5/18/2009 01:25:00 AM  
Anonymous Anonymous said...

I unfortunately had to work in 021 for a while, and there was hundreds of lake front condo's going for 40 or 50 thousand if you were considered needy of affordable housing. All they did was show that they had 4 kids with four daddies and only made so much money. But they didn't need to show how much money they were getting for each bastard child. They also didn't have to show any money the actual daddies were giving to "mom." To make it worse there was also a new "daddy to be" living there for free. These were very nice places, nicer than my condo, that all of us tax payers get to pay for every 1st and 16th. Those people really know how to play the system, and liberals love to keep letting them.

You can put 30 crabs in a tank and not worry about one escaping. If one does try to escape, the rest will pull them back into the tank. Liberals are the crabs pulling the other ones back in to the tank by offering them the easy way out.

A. Stanley epitomizes everything wrong with this department.

one example why (I shouldn't need to point out the others):

80 percent of the projects in 021 get taken down, and the people put in our neighborhoods, so obviously the crime rate in 021 goes down and somehow A. Stanley gets the credit because she is the commander??? I should get more credit than she does because I have to live with these "victims."

I guess Stanley reaps the benefits of being Stroger's cousin.

5/18/2009 02:11:00 AM  
Anonymous Anonymous said...

Scc, could not agree with you more. My wife and I make a pretty decent living, but what is the mayor thinking? We pay our bills, the service that we get mainly sucks, our taxes are going up even further. I love the city, but the things that happen here....as my mom use to say, "Lord have mercy", unfortunately I think that it is going to get worse before better.

All I would like to see is some improvment.

I know that the CPD needs a raise, I agree. Tough job. How about some service? I realize that you're understaffed, but always using the taxpayer's money and spending on those that generally do not pay any taxes, is that fair?

I do not want to call for your services, but when I might have to, I want you to be able to respond in a decent amount of time? Fair?

How can I help as a taxpayer?

5/18/2009 02:51:00 AM  
Anonymous Anonymous said...

When I saw the headline, and saw the pictures of some of the participants, I felt like throwing up. I could not even read it.

Where does it end? It's disgusting. And the putz just goes on his merry way.

Sad.

5/18/2009 05:43:00 AM  
Anonymous Anonymous said...

As Long as the King of Greed and Corruption gets his kickbacks...

5/18/2009 06:41:00 AM  
Anonymous Anonymous said...

Cellini, Marchese, Stein are the developers!
Mazola (retired alderman) is the reality agent!
Where is Oscar DeAngelo in this?
Will Karen Rowan's name appear (Hash Brown's)?

The Taylor Street gang will reap the benefits and the taxpayer will pay!

No raises for police or fire.

5/18/2009 06:43:00 AM  
Anonymous Anonymous said...

"HEY FITZY,CANT YOU SEE ALL THIS SHIT GOING ON"?
WTF!

5/18/2009 06:55:00 AM  
Anonymous Anonymous said...

It's as plain as the nose on my face. Da Mayo is a fraud. He has mismanged the city so bad that Chicago will barely be able to stay on the map. Our next Real Mayor elected in 2011 will have a real mess to clean up and will have to deal with 75 year leases that Mr. Stupid signed off on. None of us will be around to see that 75 years from now the city actually suffered a net total profit of minus 12.7 billion. Our children and grand children will suffer from the hands of Da Mayo! So Sad!

5/18/2009 06:55:00 AM  
Anonymous Hot Pursuit said...

I might be in a cloud, or have my head up my ass, but I still have a bit of optimizim that one of two events may happen...
1. Fitzgerald has been busy behind the scenes and he finally pulls out an indictment and saves the kingdom
2. The sheep are finally tired of being lied to, stolen from and basically just having the fruits of their labor go out the window for their King to squander on his buddies, it would be great to see the unrising and votes cast to oust this "King" out.
Anyone have a #3?

5/18/2009 07:35:00 AM  
Anonymous Anonymous said...

And there were a few blue shirts buying those "affordable" properties as well, why not out them?

5/18/2009 07:35:00 AM  
Anonymous Ben Dover said...

OFF TOPIC: Not that is breaking news or anything, we have seen the writing on the wall, but here goes.

Look for major layoffs within the May for all of the laborers employed by the City. They are going to cut close to 1000 of them, from Streets, Water, Forestry, etc, etc.

This came directly from Short-shanks mouth to one of his under qualified but over connected bodyguards, or as he likes to say, Mayors Detail. (I know, I know, they ALL are under qualified and over connected — my bad)

Anyhow, Mr. I Would Take A Bullet For the City was talking after mass yesterday, to all of the retired laborer guys in the Parish, and it comes off that Short-shanks is pissed because non of the unions would accept his proposals/deals, so he is pissed, and he is going to just cut the job force.

Yeah, that is the way to lead, you get mad and you get vindictive.

The Chicago way...

5/18/2009 07:40:00 AM  
Anonymous Anonymous said...

What's wrong with that? It's the Chicago way. Here's where shortshanks is doing it right. He finds holes in the system for his family and friends to exploit. Nothing illegal there, just unethical. Then when they get caught, he says he's a reformer and closes the hole.

They won't indict this asshole. Everyone is getting their cut.

5/18/2009 08:16:00 AM  
Anonymous Anonymous said...

a few years ago, in the housing bubble days, i was in a s/e side dist. and saw a bunch of new houses.
the houses were nice, 2 story w/ basement and 2 car gar. these houses would be 700,000.00 on n/w side. the sign said 170,000.00 and i saw a woman in front of one.
i asked this woman if the sign was correct and she told me "yea, but i didn't pay that. i got a 70,000.00 grant so i paid 100,000.00". i asked the woman what she did for a living and she said "i'm a 911 call taker".
there are truly 2 cities.

5/18/2009 09:12:00 AM  
Anonymous Anonymous said...

Daley is a Fucking Thief !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Daley is an ASSHOLE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


FUCK DALEY & HIS PAL'S !!!!!!!!!!!!!!!!!!!!!!!!!!!!

5/18/2009 09:15:00 AM  
Anonymous Anonymous said...

Hello Media? Father whats-his-face? Aldercreatures? Apparently the only news worthy of "investigative reporting" or city investigation involves cops.

5/18/2009 09:20:00 AM  
Anonymous Anonymous said...

I cannot believe this is news. What was happening was completely obvious what eight years ago when they tore down Maxwell St.

5/18/2009 09:32:00 AM  
Anonymous Anonymous said...

Cellini, Marchese, Stein are the developers!
Mazola (retired alderman) is the reality agent!
Where is Oscar DeAngelo in this?
Will Karen Rowan's name appear (Hash Brown's)?
------
She's in on the development end of it, so, unless she bought a few of them, too, she'll escape notice.

You might want to check whether she acted as the purchasing attorney for any of the fraudulent purchases, though.

5/18/2009 09:44:00 AM  
Anonymous Anonymous said...

Speaking of not paying things back, did the great messiah barry obama ever pay his bill? Funny how it was a tiny article in the paper for one day and then poof, never mentioned again. Hey mayor midget and president chia-pet, how many less people would the city have to lay off if you would pay your bills?

5/18/2009 09:56:00 AM  
Anonymous Anonymous said...

Ben Dover said...
OFF TOPIC: Not that is breaking news or anything, we have seen the writing on the wall, but here goes.

Look for major layoffs within the May for all of the laborers employed by the City. They are going to cut close to 1000 of them, from Streets, Water, Forestry, etc, etc.

This came directly from Short-shanks mouth to one of his under qualified but over connected bodyguards, or as he likes to say, Mayors Detail. (I know, I know, they ALL are under qualified and over connected — my bad)

Anyhow, Mr. I Would Take A Bullet For the City was talking after mass yesterday, to all of the retired laborer guys in the Parish, and it comes off that Short-shanks is pissed because non of the unions would accept his proposals/deals, so he is pissed, and he is going to just cut the job force.

Yeah, that is the way to lead, you get mad and you get vindictive.

The Chicago way...

5/18/2009 07:40:00 AM

Was that the same bodyguard who cannot hit the target! The "numbers" guy? What game you want kid?

5/18/2009 10:22:00 AM  
Anonymous Anonymous said...

Now the democRATS are raising the tax on kid's candy! The rat Daley and his fellow rat madigan saw all the little kids eatng candy and not paying the democRAT party for the priviledge. Anyone who would vote for AND support the scum theiving democRAT party is an idiot.

5/18/2009 10:23:00 AM  
Anonymous Anonymous said...

"And there were a few blue shirts buying those "affordable" properties as well, why not out them?

5/18/2009 07:35:00 AM"
If you read the article you'd see they did. One such blueshirt is on a Leave of absence while being investigated by the DEA for dealing dope in Kentucky? Leave of absence? WTF?
Th eother was a whiteshirt cinderhead who owned a home on the SW Side & turned a 36g profit in 6months on his University Village property. Only in the Shitty of Shitcago

5/18/2009 10:23:00 AM  
Anonymous Anonymous said...

Marchese was one of the former first deputy's clout.

5/18/2009 11:09:00 AM  
Anonymous Anonymous said...

If the feds wanted to indict daley and the crime families, start looking at the contracts of walsh construction, tadin trucking and then watch how they are connected to all of the developers like stein and company.

5/18/2009 11:17:00 AM  
Anonymous Anonymous said...

When the MSM dead tree media die, as is so often predicted/semi-gloated about on this blog and so many others, who's gonna uncover this stuff? However much they misrepresent so many things related to city government, the police force, etc, without the ST and the Trib, we'd never hear about any of this stuff.

5/18/2009 11:20:00 AM  
Anonymous Anonymous said...

Why ain't Shortshanks in the County getting boogered by Drew? Sorry. Drew's in Will County Shitter and Shortshit hasn't been indicted yet. Matter of time Shanks. He'll cry like the lil' bitch he is. Just like when his gay son was arrested at their Michigan "getaway" paid for at taxpayer's expense. BYE BYE SHORTSHANKS.

5/18/2009 12:28:00 PM  
Anonymous Anonymous said...

Here's an idea. Criminally charge those who received the loans under false pretenses. If one of those involved was a cop instead of a real estate agent it would be front page news.

5/18/2009 12:39:00 PM  
Anonymous Anonymous said...

Let me think for awhile.......Mr. Dick is going to layoff the common folk in order to pay down the debt that he created......people get kick backs for favors in city politics...aldermen get raises for no apparent reason, along with a petty cash account to pay 50 non union city workers...state politicians get automatic raises for no apparent reason too......I guess my question is.....why do all the bad guys get what they want (don't deserve) and the good guys get no raise, no perks, no breaks..no nothing??!! Something is wrong here. All they can do is raise the taxes and NOT create new jobs!! Thats the Democratic way! Thinking "outside" the box. Yeaahh...

5/18/2009 01:12:00 PM  
Anonymous Anonymous said...

"...the connected and the clouted (who already owned one or more houses, condos or other property) manage to get ["low-income] mortgages, in some cases with taxpayer-funded subsidies paving the way?"

What a colossal, cruel joke -- as funny as an "Extreme Remake" for people who already have a roof over their heads, as amusing as a million-dollar Oprah Winfrey "second wedding" for people who are already married.

A refrigerated semi-trailer hums in the parking lot of the banquet hall, keeping the orchids chilled until the florists can finish weaving them into a canopy that covers the entire ceiling.

Hey! You with the black plastic bag! No pickin' up cans here -- you're spoiling our shot of the limo!

This is the meaning of "obscene."

5/18/2009 01:19:00 PM  
Anonymous Anonymous said...

"Look for major layoffs within the May for all of the laborers employed by the City. They are going to cut close to 1000 of them, from Streets, Water, Forestry, etc, etc."

--5/18/2009 07:40:00 AM

...and then cost the taxpayers even MORE money by "outsourcing" the work needed to "connected" private contractors. The usual opportunity for bribes, kickbacks, etc.

By the way, what's with the huge, dark blue trucks that say nothing on them but "CITY LIGHTS?" The construction barricades they use say the same thing. They are putting in street lights. Could not see if there was an "M" plate on the vehicle.

Is this a private contractor, or just the Bureau Of Electricity with a new Euro hair style?

5/18/2009 01:26:00 PM  
Anonymous Anonymous said...

How about exposing some of the 75 Million TIF money used for this property? Top High ranking CPD Bosses making a combined salary of over 350K a year and they need a subsidy for a property in University Village? Now that's not right!

Cut & Paste below:

http://www.ccrd.info/CCRD/controller?commandflag=getDetails&optflag=DetailsCommand&county=il031&userid=null&userCategory=7&nameid=-2099478&ptrno=260250016&instrumentnumber=0705326211&fileDate=02/22/2007&doctype=WARRANTY%20DEED&partytype=I&name=CUELLO%2BBEATRICE%2BV&officeid=70&fromdate=01/01/1985&todate=05/11/2009&lastname=CUELLO%20BEATRICE%20V&proptype=&pin=17211230250000&section=22&township

Also, people talk about Ernie Brown but no one says anything when other Bosses don't pay there federal taxes and have a federal lien put on their house.

http://www.ccrd.info/CCRD/controller?commandflag=searchByNameID&optflag=SearchCommand&county=il031&userid=null&userCategory=7&nameid=-436403&ptrno=260250016&instrumentnumber=0705326211&partytype=I&name=ODONNELL+EDWARD+J&officeid=70&fromdate=01/01/1985&todate=05/11/2009&lastname=CUELLO%20BEATRICE%20V&trustnumber=


Great command staff you have JFED!

5/18/2009 02:19:00 PM  
Anonymous Anonymous said...

Da Mare is simply fulfilling his father's prophecies. These schemes were hatched years ago. Da Mare's great great grandchildren will be trillionaires while the rest of the population will rely on public aid.

5/18/2009 02:21:00 PM  
Anonymous Anonymous said...

I do not want to call for your services, but when I might have to, I want you to be able to respond in a decent amount of time? Fair?How can I help as a taxpayer?5/18/2009 02:51:00 AM
______


Bring you and your friends and family to the next protest / march on City Hall. WE need YOUR help too. Its not just about our paychecks. Its about our working conditions and the service we (try) to provide to you. Get on ur Alderman's ass. Don't let them mess with your district and beat boundries. Be vigilant. If something does not look right call it in. Support law gun ownership by lawfull citizens. And don't worry if we first look at you like you are an a-hole....that's just what we do. ;-)

5/18/2009 07:04:00 PM  
Anonymous Anonymous said...

Daley is the most Greedy man in America.

5/18/2009 09:52:00 PM  
Anonymous Anonymous said...

OT--

This economy ain't gonna fly.

The controlled media keep doing a thumbs-up booster number on the strength of the flimsiest bit of "good news" -- which collapses only a few hours later. To wit --

Global stocks rise on Lowe's results, dollar ebbs.

Mon May 18, 2009 1:16pm EDT

NEW YORK, May 18 (Reuters) - Global stocks rose and the dollar weakened on Monday after results at No. 2 U.S. home improvement retailer Lowe's spurred hopes an economic recovery may be closer than previously thought...

http://www.reuters.com/article/
usDollarRpt/idUSN1820163320090518

...and then...

Home Depot Girds for Continued WeaknessBy LOUIS UCHITELLE

Published: May 18, 2009

ATLANTA — When the collapse of Lehman Brothers froze the credit markets last September, Carol Tome quickly ordered hundreds of Home Depot’s store managers to transfer all their spare cash to headquarters — literally cleaning out their registers and each store’s safe...

While Home Depot has emerged from the credit crisis strong enough to borrow at attractive rates now, it has chosen not to do so. Mr. Blake has charted a course away from expansion, one that he holds out as a template for running a big company in postrecession America. In his view, the hard times and the less generous credit are restricting consumption and undermining the corporate expansion that drove economic growth in recent years...

http://www.nytimes.com/2009/05/19
/business/19depot.html?ref=
business

Also --

5/18/2009 3:30:00 PM

Caterpillar to Halve Hours at Engine Plant.

Heavy equipment and diesel engine maker Caterpillar Inc. said it will cut hours at least in half for 985 workers in its Lafayette, Ind., plant, the Associated Press reported Monday.

The company said in a state filing that the reductions at the 1,900-employee plant would begin in August and last for up to six months. The cut is the second work reduction announced this month and the third in two months for the Lafayette plant...

http://www.ttnews.com/articles/
basetemplate.aspx?storyid=21946

As I go through the city, I pass one never-started condo project, then I see one stopped halfway through and boarded up -- then I see a tear-down to begin another one!

The "developers," the real estate speculators, are staggering like a drunk with a bottle, not knowing which way to go next -- but Cat isn't expecting to sell many bulldozers or cranes to builders, are they?

The "heavy iron" tells the story...

5/18/2009 09:58:00 PM  
Anonymous Anonymous said...

I might be in a cloud, or have my head up my ass, but I still have a bit of optimizim that one of two events may happen...
1. Fitzgerald has been busy behind the scenes and he finally pulls out an indictment and saves the kingdom
2. The sheep are finally tired of being lied to, stolen from and basically just having the fruits of their labor go out the window for their King to squander on his buddies, it would be great to see the unrising and votes cast to oust this "King" out.
Anyone have a #3

Yea, I have a #3, #4, and #5!

#3 Daley strokes out, but survives and is cognizant enough to realize he has to wear a diaper the rest of his life.

#4 Daley’s kid gets locked up and goes to jail causing Daley to stroke out, but survives and is cognizant enough to realize he has to wear a diaper the rest of his life.

#5 Maggie strokes out causing Daley to stroke out, but he survives and is cognizant enough to realize he has to wear a diaper the rest of his life.

5/18/2009 11:12:00 PM  
Anonymous Anonymous said...

"5/18/2009 11:12:00 PM"


This is the only instance where the image of a grown man wearing a shit packed diaper makes me smile.

5/19/2009 03:35:00 AM  
Anonymous Anonymous said...

"This is the only instance where the image of a grown man wearing a shit-packed diaper makes me smile."

--5/19/2009 03:35:00 AM

Sort of a Howard Hughes end-of-life scenario -- utterly alone except for his private nurses on the sealed-off top floor of a luxury hotel, watching 1968 Convention tapes over and over in his darkened room as the attendants pad silently back and forth with injections...the hair and nails growing longer and longer...

5/19/2009 09:05:00 PM  

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