Daley to Quinn - Veto Pension Bill
Mayor Daley pleaded with Gov. Quinn on Wednesday to veto a bill that, the mayor warned, would choke Chicago homeowners and businesses with a $550 million property tax increase in 2015 to solve the city’s pension crisis.
Chicago and other municipalities won a two-tier pension system that would force newly-hired police officers and firefighters to wait until age 55, instead of 50 to retire with full benefits. They would also get reduced cost of living increases and face caps in the final salary upon which pensions are based.
In exchange for those givebacks, the unions got a pledge that their pensions funds would be 90 percent funded by 2041. Chicago’s Laborers, Municipal Employees, Police and Firefighters pension funds now have assets to cover just 42 percent of their future liabilities.
In a letter to the governor signed by most of the 50 aldermen, the city warned that a 2006 bill that reformed CTA pensions gave the mass transit agency 50 years to reach a 90 percent funding level.
“That’s what we’re asking — just to slow down and get some facts. … Just because you want to tax people, fine. But, you have to get facts on this. You have to bring people in who know something about pensions,” Daley said.
The lame-duck mayor said once again that it will take a long-overdue increase in employee contributions to solve the problem created by four under-funded city employee pension funds that will run out of money by 2030.
Anyone have the odds on Quinn asking, "How high Richie?"
Labels: pension
posted by SCC at 9:01 AM
114 Comments:
Well, it seems that no one is asking the lame-duck mayor how he is going to enjoy his three generous pensions? As a state legislator, as a county elected official and now as a city elected official. I am am sure he also gets money from the cook county democratic party as his father did before him. Now, lets get to the alderman. For this part time job, they also get a generous pension, much more generous then any city employee and after, I believe, only two terms in office. I have also heard that they get very generous health care at retirement. Daley is quoted as saying he wants the funds to go bankrupt as they will be easier to fix.
The City has too many assets to dare walk into bankruptcy court! Nice try Richie. Bring it on.
Only the lawyers would make out like bandits.
Once again 2300 Chicago Police Officers short (this is the number they admitted too) over the last 2 years going on 3 years.....at an average salary of $75,000 a year.....2300X$75,000=$172,500,000
$172,500,000X3Years=$517,500,000 in savings not staffing the police department to levels they are supposed to be. And this piece of shit Daley wants a $550 Million increace in property taxes? Citizens of Chicago better wake up. Why isnt the media asking this weasel that simple question? Where is the $517,500,000 going? Why not back to our pension?
Now that the mayor has no more pension money to give to his family members, it's time for the King to take back.
The Mayor CAN have his cake and eat it too!
Our Pension could have $68 million more dollars if the Mayor's son and nephew had not been access to our money for their own personal use. The short f@$k won't have much to say about that. Does anyone know if they are required to pay back that money? Can the fund sue to seize assets (the building at 39th/Pulaski)?
Detectives class 1st period.
The basic problem is inequity in property taxes paid across the city.
Take a look at your house in Edison Park, Garfield Ridge, or Mt. Greenwood. Then find the identical house in the ghetto. Go on-line and find the taxes paid by the ghetto dwellers. Their taxes will be a tiny fraction of the taxes you pay.
The property tax system needs to be reformed. When everybody pays their fair share, there will be plenty of money for pensions.
Mike Madigan runs Illinois. Watch the outcome. Madigan will get this signed by Quinn. He is the real boss.
This is where Chicago corruption stops being cute.
Soon the only function of city government left fully operational will be the siphoning of taxpayer funds to the clouted few.
"That's what we're asking - just to slow down and get some facts." - Mayor Daley
Like how you slowed down and got the facts before selling the parking meters for pennies on the dollar?
Like how how you slowed down and got the facts before destroying Meigs Field under the cover of darkness citing the buzzword (terrorism) of the day?
Like how you slowed down and got the facts before finagling a multi-million dollar loan (SINCE FORGIVEN BY OUR CURRENT FOP) from our pension coffers, only to be frivolously invested AND LOST by your nephew and other unethical miscreants posing as "investment specialists"?
Here's a fact that you won't have to slow down to peruse and digest, Richie: There's a special place in Hell for cocksuckers like yourself, and without question, there'll be a line of people, miles long, waiting to piss on your grave before your filthy corpse is cold.
All you people out there that haven't paid much attention to this most important topic, had better educate yourselves. In addition to taking it in the ass with current and future concessions to our pension, property owners will no doubt see taxes skyrocket. That $550 million figure sure as hell won't come from cuts to social programs and entitlement-based freebies that pacify the Democratic voters.
Now don't forget to go out there and give 110% to a public that, for the most part, doesn't give a rat's ass whether you make it home to see your family at the end of your tour.
I love it, this if from the guy ( the Mayor ) who caused most of the problems by changing the funding process, raiding the funds and lets not forget, appointing his relatives so they could loose even more millions!
Quinn (before being Governor) had all these ideas and said he was NOT part of the machine. He was this great independent thinker.
What happened? He shouldn't be in the Governor's House, he should be at the Waffle House.
We need a tough reformist, not an weak appeaser. With Blago doing his nut commercials, this guy should be the spokesperson for Waffle House.
If the mayor / city would hsve been making its share of contributions all along this problem with the pensions would not exist. Now thd mayor wants to bankrupt our pensions and screw us all.
i know the fop and pension bd are two different entities, but why didnt they get involved when the alarms were being sounded???? with out a doubt they had to know that things were in the shitter. when the wiatress at my morning spot says - hey, i hear your pension is only 42% funded - then FOP should know what the deal is and take some action. but it becomes more and more obvious that they are bought and paid for stooges that are in Daleys pocket. i only hope that these clowns get the shaft worse when things get real ugly with our pension. FOP is just as much to blame as the pension trustees that are appointed by Daley...their all dirty crooks. p.s. - fuck you Stepany Neeley!!!!! you just got cold busted dumbass!!!!
Underfunded? Why Mr.Daley? How can they be underfunded when you have spent MILLIONS on millenium park,meigs field destruction and construction,,michael reese hospital, the entire olympic nonsense, the list could go on and on.
You are telling the kids there isn't enough money for food but going out and buying a new luxury car.
WHY IS THERE NO INVESTIGATION HERE!!!!
Fear not! My pension is fully funded!
Your beloved Mayor..Richard II
Daley is so worried about his legacy. I can't believe all the corruption that has taken place during his term, and those are just the ones we found out about, and he has the balls to stand up there and tell everyone he is worried about the taxes going up. we won't be able to sell our homes. We are held captive in this city and county, and we continue to ignore this. Wake up!
Why is it that none of these pension issues became front and center until Shields got involved. Shields called Huberman out while Shields was still a P.O., elected to no spot at the time, and the FOP remained silent. Now that there is a chance at us actually seeing some reform on pension, does the FOP get off their asses fight against Daley's continued assault against out retirement? No, they sit in their leather seats and slam Shields on this blog while they collect exempt pay. Thanks guys!
and what are the facts?
How about Daley give the pension funds just SOME of the money he, his family, and friends stole over the last 20 years? That would go a long way in helping to solve this problem!
What Bnernie Madoff did to his investors Daley did to Chicago!
If any pension reform should be done it should be done on Exempt/Brass/politician pensions. That is what is soaking the system dry. A boss/politician should not be able to collect a 6 figure pension after 4 years etc. The average police officer/firefighter/city/state worker/teacher is not the problem.
SCC, just got off the phone with Governor Quinn's office to voice my support for the pension bill. Everyone should be calling his office in support of the bill. I talked with the call taker and she said she hadn't received a lot of calls concerning this bill. So please have all your readers call. Thanks.
I'm sure Richie was talking about bankrupting only HIS THREE government pensions (State, County and City).
Way Off Topic, but of interest to all 025 coppers (Gallows);
Retired Commander Joseph L. Curtin, Jr., formerly assigned to Inspections & Auditing Division, passed away on Monday, December 6, 2010. Waked at Hallowell & James Funeral Home, 1025 West 55th Street, Countryside, Illinois on Friday, December 10, 2010 from 1500 - 2100 hours. St. Jude will meet at 1900 hours. Funeral services held on Saturday, December 11, 2010 at 1000 hours at St. Cletus Church in LaGrange, Illinois. Interment Holy Sepulchre Cemetery.
Anyone remember him?????
Get these career politician royal family, kings, queens, prince and princesses out of office.
We wouldn't be in this situation if certain people would have been help accountable in the first place.
Hey Daley... FUCK YOU!!!! You thieving piece of shit... That money is our right... Not yours, we earned it and worked for it. Remember Miriam Santos and how you railroaded her right to prison?? She threatned to protect our pensions from you so you eliminated her... You are a criminal... Hired truck scandal... You knew "nothing" about it huh?? You lying piece of shit... I hope your tomato red face explodes in anger when you get indicted... And it will happen... In due time... Good riddance asshole and your fed fuck up Jody boy too...
Lil dickey is a thief. He votes for his own raises. Sells out all city pensions (not just police and fire) to his relatives or connected friends. Those same friends and family collect huge fees without returning a profit and lose countless millions through inept mismanagement. Dickey and the alderthieves turn a blind eye and refuse to contribute the city's share to these pension funds for decades. Now 42short cries foul and wants to bankrupt these funds placing many city employees retirement pensions in jeopardy.
Meanwhile, millions of dollars in city funds are given to connected individuals, spent on unnecessary projects, wasted on remodeling offices, artwork, planters, rawed iron fences, taxcut programs aimed at getting votes and much more. Nepotism and hiring under qualified and unqualified political cronies for executive jobs. Not to mention raises for aldermen and their staffs that exceed that of any bluecollar city worker. Increases in aldermanic slushfunds that are barely regulated if at all.
Shortshanks then forces unions and the labor force to take concessions and renegotiate contracts to cut the budget. Dickey then violates the newly negotiated contracts and bashes the unions and employees in the media if they refuse to take more paycuts and unpaid days off. This while the mayor and his 50 thieves do not take all or any of the furlough days they require themselves to take.
The mayor steals from the city, its tax paying residents, and its hardworking employees every day.
Now that the mayor and city council has looted this city he and many of its members are about to leave us high and dry.
"Slow down" is the advice of the Mayor that rammed the parking meter fiasco down our throats in a day.
Letting this thief slip out of office as the City finances crumble to the ground is too good for him. It is time for tar and feathers, or at least pitchforks and torches.
Didn’t Daley’s annual budgets always contain a line item for full pension contributions? If so where did the money go?
There will be a full on revolt by coppers, firemen, laborers and other city employees if this gets vetoed.
Why is Daley fighting this? He won't be around and will be a memory when the full effects take hold. Could it be that he loves Rahm so much? I know he is POd at Gery for his comments and pretty much everyone else in the race is an also ran.
All said, Daley is a scumbag, he balances city budgets for years by not paying into the funds the city's required contributions and now he is out to make us look like the bad guys for us wanting what is due us. Would the US Government let them not make the employer's contributions if we were covered under Social Security? I think not.
Daley's and Quinn's propoganda machine have the media bamboozled (Cisco Cotto and the rest of the crew at WLS-AM, the Sun-Times, The Trib, et al)into making us look like greedy bastards.
The media won't say squat about the Vanecko story and won't even fully report on the story.
I sense a work slowdown of massive proportions.
I say fuck you Ritchie and a bigger fuck you to Quinn if he vetoes the bill.
I find it interesting that the mayor said "you have to bring in people that know something about pensions". He did not feel this way when he let Vaneko lose millions of our pension dollars because he did not know anything about pensions.
“That’s what we’re asking — just to slow down and get some facts. … Just because you want to tax people, fine. But, you have to get facts on this. You have to bring people in who know something about pensions,” Daley said.
maybe my sense of logic is wrong, but did this fucking moron just say what amounts to an admission that during his entire tenure, there were no 'people who know something about pensions' in control of our pensions?
Anonymous Separate Topic Request! said...
Shouldn't the items in this Memorial to Joe be moved to a separate topic area with all the posts moved into it so other people can celebrate the subject? There must be untold numbers of Joe's victims who don't know he is pass on and shortly to be sucking worms! I'm sure they would like to know and post their own comments.
Also will someone get the burial plot # and location so those of us who can’t attend the internment can later find the grave site for our own private memorial service & remembrance ceremonies!
----
Does anyone have any pictures of Curtin with the giant elephant ears that they can scan and e-mail SSC at his email address?????
SCC can make that the picture for the topic.
Hey, Second City Cop is the 9th most searched term in Google for Chicago. Take that Weis!
http://www.google.com/intl/en/press/zeitgeist2010/regions/us/cities.html
Chicago, IL
1. student.cps.k12.il.us
2. uic blackboard
3. chicago breaking news
4. cta bus tracker
5. blackhawks schedule
6. metra train schedule
7. neiuport
8. lollapalooza 2010 lineup
9. second city cop
10. harold washington college
People need to go after Daley the LIER on his BS!!! The problem with the pension is all Daley's doing. The workers contributed each and every pay check, but Daley never funded it when he was supposed to. Daley also took the pension money and let his friends borrow it for shady investiments and lost it! This should never have happend! Daley destroyed the pension and he's hoping the media and the public don't catch on. Ask Daley and the aldermen how their pensions are and how much they will make in retirement.
Another example of how we get fucked by the mayor Daley.
Congrats SCC! I just heard on WGN radio that Google analyzed search terms in Chicago and guess what - SCC is number 9!
Which Aldermen sgned the letter?
...and don't let this runt fucker off the hook after he's out of office either. Heckle him wherever you see him.
and BTW, where's that war hero, Patrick at?
Here is something to think about;
"So far four states have gaps of more than 5 percent of their general fund budgets, one of the states has a gap of greater than 10 percent. The largest imbalances are in Illinois (47) percent and Arizona (9.7) percent."
http://www.ncsl.org/LinkClick.aspx?fileticket=AqSBWjZkwK8%3d&tabid=21829
It's OK that this crook Daley and all his cronies have spent money like drunken sailors all these years and now when it comes time to pay up he wants more time. WTF is up with that? Then he says he doesn't care if the pension fund goes broke. And, correct me if I am wrong, but didn't the FOP agree several years ago during contract negotiations to let the city either delay or forgive the city from making pension contributions?
"NO PENSION FOR YOU!!!" Get back to work!!!
Also...Heard a rumor. No Dicks class until mid summer...
Take a look at your house in Edison Park, Garfield Ridge, or Mt. Greenwood. Then find the identical house in the ghetto. Go on-line and find the taxes paid by the ghetto dwellers. Their taxes will be a tiny fraction of the taxes you pay.
Take a look at your asking/selling price. Let's say, a bungalow. Then find the bungalow in the ghetto (kept-up house, not a shitshack). Go on-line and find the asking/selling price for the ghetto dwellers.
Their price will be a fraction of the price you get. Or to make it easier to understand. Take your $300,000+ bungalow and uproot it and put it in the ghetto. Think you'd get more than $100,000 for it based on location?
RE...Retired Commander Joseph L. Curtin, Jr.
What a jerk!!! I know that some people will attend his funeral to poke him and make sure he is dead. I have seen first hand his shennanigans and if half the stories are true about how he abused coppers. Then the man was true Evil.
Nuff said.
The residency ordinance requires us to live in the city and pay exorbitant RE taxes.
I propose we rent a small efficiency apartment to satisfy this ordinance and purchase a high end home on some lake for our family. The ordinance does not require 24/7 occupancy and we are free to travel to our "2nd" home anytime we can.
I am paying 14,000 a year in RE taxes to live on a golf course. Renting a small apartment for 500 a month is 6,000 annually. The 8,000 difference could be used to pay taxes on a bigger home outside cook county.
Mark, Greg and the rest of the City Wide team never gave a rats ass about the pension being underfunded until Mike Shields came along and lit a fire under them. Thy are going through the motions now only because they fear that Shields will run for FOP President. I hope that he does. He's got my vote.
Hello? FOP? Anybody home? Maybe time for a press conference? Ah, fuck it.
Detectives class, 1st period, year to be decided.
Why is it that none of these pension issues became front and center until Shields got involved. Shields called Huberman out while Shields was still a P.O., elected to no spot at the time, and the FOP remained silent. Now that there is a chance at us actually seeing some reform on pension, does the FOP get off their asses fight against Daley's continued assault against out retirement? No, they sit in their leather seats and slam Shields on this blog while they collect exempt pay. Thanks guys!
I have been going to the pension board meetings for years and the FOP has been there fighting the fight. The problem is they don't self promote like "wonder boy" Shields. Hey Mike its time to tell the truth, we all know Bill Dougherty broke the Huberman story with FOX news. He directed the entire episode to help you get elected. You show your true colors and now you teamed up with that Lozer. The truth will come out fear not.
12/09/2010 10:28:00 AM
It's OK that this crook Daley and all his cronies have spent money like drunken sailors all these years and now when it comes time to pay up he wants more time. WTF is up with that? Then he says he doesn't care if the pension fund goes broke. And, correct me if I am wrong, but didn't the FOP agree several years ago during contract negotiations to let the city either delay or forgive the city from making pension contributions?
I will repeat crack kills. The Fop didnot forgive the city making pension contributions. This comes up every Fop election by the same idiots. Enough of the name calling. Fop reduced our time to max out on our pension to 29& 1 day.In turn the city didn't have to give 23 million dollars from the Municipal Fund to the police Fund. Great deal for all of us and wouldn't have changed the funding level today 1%. Fact
The pension fund would not have lost 1.3 billion if Shields didn't fight for the past year to keep Ennis and Knaup as investment advisers. Thank God Hauser got rid of them before we lost any more money. Thanks for voting against firing them Mike you goof.
Didn't realize how popular you really were...
Chicago's top 10 Google searches
http://www.chicagotribune.com/business/ct-biz-google-chicago-search-terms-dec9,0,7872779.photogallery
No. 9: 'second city cop'
"SCC, just got off the phone with Governor Quinn's office to voice my support for the pension bill. Everyone should be calling his office in support of the bill. I talked with the call taker and she said she hadn't received a lot of calls concerning this bill. So please have all your readers call. Thanks."
You can also email his office. I did last night. Just google Pat Quinn and it will get you there.
Anybody know how many dets that they are supposed to make. Some say 100.
Thanks
Anonymous Anonymous said...
i know the fop and pension bd are two different entities, but why didnt they get involved when the alarms were being sounded???? with out a doubt they had to know that things were in the shitter. when the wiatress at my morning spot says - hey, i hear your pension is only 42% funded - then FOP should know what the deal is and take some action. but it becomes more and more obvious that they are bought and paid for stooges that are in Daleys pocket. i only hope that these clowns get the shaft worse when things get real ugly with our pension. FOP is just as much to blame as the pension trustees that are appointed by Daley...their all dirty crooks. p.s. - fuck you Stepany Neeley!!!!! you just got cold busted dumbass!!!!
It more of Smoke and Mirrors Shields
We're pretty sure it has been the city refusing to negotiate increased employee contributions for the past few decades because that would have meant increased employer contributions, too. And that would restrict the amount of crooked contracting, handouts, and giveaways to the leeches sucking the life out of Chicago.
)))))))))))))))
YES, SCC! The FOP wanted increases about a decade ago. It was not even considered by Shortshanks. Now we is foooked!
It's OK that this crook Daley and all his cronies have spent money like drunken sailors all these years and now when it comes time to pay up he wants more time. WTF is up with that? Then he says he doesn't care if the pension fund goes broke. And, correct me if I am wrong, but didn't the FOP agree several years ago during contract negotiations to let the city either delay or forgive the city from making pension contributions?
12/09/2010 02:51:00 PM
OK I'll say YOU ARE WRONG!
It's OK that this crook Daley and all his cronies have spent money like drunken sailors all these years and now when it comes time to pay up he wants more time. WTF is up with that? Then he says he doesn't care if the pension fund goes broke. And, correct me if I am wrong, but didn't the FOP agree several years ago during contract negotiations to let the city either delay or forgive the city from making pension contributions?
OK I will say it. You are drunk.
O'kay, so we can't get enough people to organize a march, (I was at both prior marches). Can we at least get enough people to flood the Gov. with letters. Let him know our side of this. We are not asking for handouts, we earned our pensions and we have held up our side of the agreement, it is the city, the aldermen and Mayor Daley that have failed.
Politicians only look at numbers that translate to votes, so I ask you to pass the address on to other officers, firemen, municiple workers and lets at least show we are not going to just sit back and do nothing. It will cost you ten minutes of time and postage ( no e-mail messages). I am sick and tired of only hearing the Daley Propaganda bullshit.
Are any of you willing to get behind this?
Office of the Governor
207 State House
Springfield, IL 62706
Phone: 217-782-0244
TTY: 888-261-3336
In the manner of true despots throughout history, this ball of smegma better think about having someone other than Chicago Police entrusted with protecting his life. Fucking with a coppers pension - all bets are off. I can think of nothing more likely to make a copper snap.
Hey Richie: You. Are. Not. A. Man and like they said in the movie Goodfellas,
"Fuck you. Pay me."
Signed,
Guy Fawkes via Schicklegroover
How about starting a petition drive, citing the silver shovel scandel, the meter sales, sky way sales, Vanecko pension raid, Meigs field all the Tribune articles citing the corruption during the Daley administration and presenting the signatures to the US Attorney demanding a criminal investigation into Daley's lack of funding into the pension fund.
Anonymous said...
SCC, just got off the phone with Governor Quinn's office to voice my support for the pension bill. Everyone should be calling his office in support of the bill. I talked with the call taker and she said she hadn't received a lot of calls concerning this bill. So please have all your readers call. Thanks.
12/09/2010 11:21:00 AM
Where, how you might ask?
Office of the Governor
James R. Thompson Center
100 W. Randolph, 16-100
Chicago, IL 60601
Phone: 312-814-2121
Office of the Governor
207 State House
Springfield, IL 62706
Phone: 217-782-0244
or, if you'd like to say something relevant to Mayor Chuckie:
Office of the Mayor of the City of Chicago
121 N LaSalle St., Room 507
312-744-3300
mcmumbles poopy pants daley is a thief and he has to face the reality that his mismanagement of city pension funds has caused them to be almost insolvent--- the police pension had to sell off assets in the last quarter just to cover cash flow obligations--- daley going public in the papers about a huge property tax increase to cover municipal pension obligations is a slap in the face of all city employees--- the city of chicago and the king rat in charge of the purse strings are to blame for the pension fiasco--- his mismanagement of city revenue is to blame for the current pension problems.....
Anonymous said...
Did daley demand an end to gold braid pension , that would be an excellent start
what about area captains and let desk sgt run a watch
desk sgts do most of work watch secretary does the rest of captains work
get rid of house cats in 9
12/09/2010 08:21:00 AM
010 also...
where's the fop been on this issue prior to this year? yeah, that's right, i hear the crickets chirping.
Joe Curtin R.I.P.
14th Ward
What you want to do is raise the retirement age high enough so that no-one will able to cash in and collect.
That way the money can be used by Chicago's political royal families to go on junkets to Asia with all their friends and stuff.
The smoke and mirror game of pensions Can't wait to see what happens as the social contract continues to break down with all these false promises.
Hey Newark is laying off huge numbers of police - they're bringing in the Guardian Angels to patrol the streets.
That's what we need to do, bring in the Guardian Angles.
They don't need Tazors or guns or pensions or anything
...AND...AND... I hear they are "tech savvy" and "multilingual" too. We should start the outsourcing.
I say we give 'em all those bouncer calls... You know the ones where the house guest or the babies daddy refuses to leave.
It's time to stop wasting taxpayers money on this "escort service" b.s.
Can someone please answer a question I have....or at least guide me in the right direction as to where I can find the answer to this.....
IF THE CITY CONTRIBUTED ZERO TO OUR PENSION AT WHAT LEVEL WOULD OUR PENSION BE FUNDED IF IT WERE FUNDED BY OUR CONTRIBUTIONS ONLY.
In other words if only money from our paychecks were contributed would we be above or below the current 40% level.
Exactly how much has the city really put into our fund? Better yet how much of our contributions have they stolen??!!
The pension fund should have bought the skyway toll road and the parking meters. At the rate the fee's are increasing, a couple billion out of our fund to buy them could have made us trillions in return.
FOP responds with a 'Letter To The Editor'.
http://www.chicagofop.org/updates/2010/12/
bella_editor_pension.pdf
Ya know, I'm happy that someone at FOP finally got off their ass to address the rantings of our psycho mayor, but come on?
A letter to the editor ? ? ?
Why not get all the media out for a press conference and start sputtering our anger like our putz mayor does?
Why not toss in a quick resume' of a dozen or so instances where Daley was right in the middle of wasted tax funds that COULD HAVE gone into the pension funds BUT DID NOT! Like hundred$ of million$ for flower boxes or the hired truck scandal or Olympic games etc, etc.
Something with a little passion, ya know?
Who the hell in the public is going to see your stupid letter, anyway?
I love how Shortshanks always leaves out that the city has not lived up to thier end. The city told the fund a year ago, when they asked the city when they could expect a check for years of duty disability payments to members. The city responded, we will get it to you when you need it.
The last time we appealed taxes ,I spoke to a goverment tax person.In front of a couple of hundred people I asked y are houses in englewood twice the size as ours ,meaning lot size ,yet they pay a quarter of what we pay on the NWside . She said at this time I cant answer that. Afterwards she came up to me and said would u wanna live in englewood
OT - Congratulations to the State of Illinois on being named the # 1 WORST state in the United States to retire in!
http://www.marketwatch.com/story/the-10-worst-states-for-retirees-2010-12-09
Does anyone remember what the backyard was like in the scene where the septic tank overflowed in Meet the Parents ? I predict shirtshanks grave is going to have a similar appearance & odor within 1 day of being buried.
DOES THE CITY HAVE ASSETS?
HOW MUCH WOULD MCCORMICK PLACE BE WORTH?
WHAT IS THE RENT AT NAVY PIER?
HOW MUCH DOES IT COST TO DOCK A BOAT ONLY HALF THE YEAR ON THE LAKE?
HOW MUCH DOES BUYING ADVERTISING ON A BUS COST?
HOW MANY TAXI CAB MEDALLIONS R OUT THERE?
HOW MANY CHURCHES AND NONPROFITS GET FREE WATER FROM THE CITY?
YEA THE CITIES BROKE OPEN DA BOOKS AND BILLIONS WILL B MISSING ON BLOCK 37 AND ABANDONED HOSPITAL!!!
The city is broke!
When the austerity programs start hitting in 2011 heh, what do you think is going to happen?
Anonymous said...
Quinn (before being Governor) had all these ideas and said he was NOT part of the machine. He was this great independent thinker.
What happened? He shouldn't be in the Governor's House, he should be at the Waffle House.
We need a tough reformist, not an weak appeaser. With Blago doing his nut commercials, this guy should be the spokesperson for Waffle House.
12/09/2010 10:04:00 AM
Hey! Why fuck up the Waffle House, what did they do to you.
The politicians should not receive a pension.
Seeing as that won't happen then make them serve enough terms to earn a pension after 20 years of service.
And one pension per customer.
Rot in hell mayor asshole!
Chico = DALEY remember
WTF Call in the FEDS where was Daley when this was happening?????
TWENTY and OUT said...
Can someone please answer a question I have....or at least guide me in the right direction as to where I can find the answer to this.....
IF THE CITY CONTRIBUTED ZERO TO OUR PENSION AT WHAT LEVEL WOULD OUR PENSION BE FUNDED IF IT WERE FUNDED BY OUR CONTRIBUTIONS ONLY.
In other words if only money from our paychecks were contributed would we be above or below the current 40% level.
Exactly how much has the city really put into our fund? Better yet how much of our contributions have they stolen??!!
12/09/2010 06:48:00 PM
I don't know that exact answer but this I do know, the pension fund is writing checks faster than money is coming in from all sources to the tune of $250 million a year.
That is, they are spending $250 million more than they are making per year. Obviously this can't go on forever.
Madigan tells the Mayor what to do
Useless 41st Ward Alderman Doherty, you know, the city's only republican alderman (yeah, sure he is), the guy seen frequently arm-in-arm with our thieving mayor on Northwest Highway, the guy who probably has more cops and firemen living in his ward than any other alderman, is 'critical of the pension legislation'. Vote for any policeman or fireman running for alderman. Time for a lot of you to rethink voting for someone just 'cause they have an Irish surname.
SCC, just got off the phone with Governor Quinn's office to voice my support for the pension bill. Everyone should be calling his office in support of the bill. I talked with the call taker and she said she hadn't received a lot of calls concerning this bill. So please have all your readers call. Thanks.
12/09/2010 11:21:00 AM
POST THE NUMBER NOW!
Annie Ricks will be the answer to a trivia question one day: Who was the last resident of Cabrini-Green high rises?
Unfortunately, Annie Ricks still isn't employed and paying her own way. Just moved along to another publicly funded residence. 22 years in Cabrini is enough.
File under: "Dirty Deeds Done Dirt Cheap" maybe.
Payback time for Melrose Park Police Pension Board
http://www.pioneerlocal.com/maywood/news/2956920,melrose-park-pension-board-120910-s1.article
The citizens see these six figure pensions and some of the frauds tied to them as their own wages are slashed and cut as a result of corporate off shore wage arbitration.
You think they will stand idle and accept tax increase for city pensions...while they watch their own social security retirement run dry because all we have left are Wal-Mart-like wages funding the programs? IDK boys?
It's going to be a tough sell if this economy doesn't get turned around in a hurry.
As long as we are talking about property taxes, could someone answer me this:
Do all those store front churches in Englewood enjoy property tax exemption status??
Cus I see where Burbank turned thumbs down to a church that want to locate at the site of the Old Barn restaurant on Central Ave. Didn't want it tied up so that when the economy turns around it can generate money.
Comforting news via the Suntimes..
A reprieve for inmates’ underwear
http://www.suntimes.com/news/metro/2761527-418/inmates-shorts-underwear-boxer-broadcloth.html
The inmates at the DOC were worried they would have to go "commando" until we coughed up an additional $50,000. Where'd we get the money for that?
Check out the surge in cotton prices over the last year. Up 84%!
http://money.cnn.com/data/commodities/
The residency ordinance requires us to live in the city and pay exorbitant RE taxes.
I propose we rent a small efficiency apartment to satisfy this ordinance and purchase a high end home on some lake for our family. The ordinance does not require 24/7 occupancy and we are free to travel to our "2nd" home anytime we can.
I am paying 14,000 a year in RE taxes to live on a golf course. Renting a small apartment for 500 a month is 6,000 annually. The 8,000 difference could be used to pay taxes on a bigger home outside cook county.
12/09/2010 03:03:00 PM
Put some of that money you save on living out to cover your legal and living expenses if/when the city comes after you.
If you are single, you might get away with it. With a wife and kids, not so sure. Where do they live/work/go to school/vote?
Last time I moved I had to sign a notice that said I can have many residences but only one domicile. One had better research the legal issues and possible costs before going down this road.
And don't expect to get the same slack Rahm is going to get on the residency issue.
"Do all those store front churches in Englewood enjoy property tax exemption status??"
Churches are exempt from paying taxes if I recall correctly. Why do you think you see so many store-front churches in the ghetto? Pretty good scam. Get a flock of 100 or so pigeons who throw $20 in the basket every week and you can see how a "good rev-er-und" (oxymoron) can make a nice living. And that's at a small church. You imagine what kind of coin Meeks the race-bator is pulling down per year?
....if the city goes bankrupt many of these contracts can get re-done right? Oh but let's discourage that parking meter deal getting re-done before the idea gains any traction eh..why it's "ironclad"
yeah right..
---clip----
Hire More Cops, Tax LaSalle Street, Re-do the Parking Deal
[...] Munoz also believes the city has the money to hire new police officers.
"In (last year’s) budget, we authorized a certain number of police officers," Munoz said. "Today, we are 900 short. So how can they say that the budget was balanced and we have to slow down hiring of police officers in order to balance next year’s budget? They lied last year. The money’s there. It’s just a matter of priorities."
Source: http://www.nbcchicago.com/blogs/ward-room/Hire-More-Cops-Tax-LaSalle-Street-Re-do-the-Parking-Deal-111417869.html#ixzz17gezaORs
I wonder if Pat Fitzgerald reads the blog. Somebody should tell him about it. He might find some helpful hints on here. Lots and lots people saying the same thing about Daley.
If everybody says that Daley is a crook, he's probably a crook. Don't ya think??
Anonymous said...
SCC, just got off the phone with Governor Quinn's office to voice my support for the pension bill. Everyone should be calling his office in support of the bill. I talked with the call taker and she said she hadn't received a lot of calls concerning this bill. So please have all your readers call. Thanks.
12/09/2010 11:21:00 AM
POST THE NUMBER NOW!
12/09/2010 11:35:00 PM
Office of the Governor
James R. Thompson Center
100 W. Randolph, 16-100
Chicago, IL 60601
Phone: 312-814-2121
Isn't funny that Congressman/Candidate Kirk voted for funding the health care needs of 911 first responders, but Senator Kirk voted against it?
So much for his independence.
where's the fop been on this issue prior to this year? yeah, that's right, i hear the crickets chirping.
You could go to a meeting. Maybe read the newsletter. I think the chirping you're hearing is inside that hollow head. Meatball
Anonymous said...
Did daley demand an end to gold braid pension , that would be an excellent start
what about area captains and let desk sgt run a watch
desk sgts do most of work watch secretary does the rest of captains work
get rid of house cats in 9
12/09/2010 08:21:00 AM
010 also...
12/09/2010 05:16:00 PM
Keep the history student in 18....
Annie Ricks will be the answer to a trivia question one day: Who was the last resident of Cabrini-Green high rises?
Unfortunately, Annie Ricks still isn't employed and paying her own way. Just moved along to another publicly funded residence. 22 years in Cabrini is enough
...and she has 13 KIDS!! 5 of whom still live with her, ha ha ha...and we pay for them, how do you like them apples. This sucks!
Anonymous said...
SCC, just got off the phone with Governor Quinn's office to voice my support for the pension bill. Everyone should be calling his office in support of the bill. I talked with the call taker and she said she hadn't received a lot of calls concerning this bill. So please have all your readers call. Thanks.
12/09/2010 11:21:00 AM
POST THE NUMBER NOW!
12/09/2010 11:35:00 PM
Office of the Governor
James R. Thompson Center
100 W. Randolph, 16-100
Chicago, IL 60601
Phone: 312-814-2121
I called also. Young whipper snapper answered the phone. Said he would forward my comment. Stated he did not know Quinns thought process at this time. Stated that most of the calls received are in favor of the legislation.
Start making your calls and forwarding letters people. This is likley one of the most important pieces of legislation regarding our future.
i know the fop and pension bd are two different entities, but why didnt they get involved when the alarms were being sounded???? with out a doubt they had to know that things were in the shitter. when the wiatress at my morning spot says - hey, i hear your pension is only 42% funded - then FOP should know what the deal is and take some action. but it becomes more and more obvious that they are bought and paid for stooges that are in Daleys pocket. i only hope that these clowns get the shaft worse when things get real ugly with our pension. FOP is just as much to blame as the pension trustees that are appointed by Daley...their all dirty crooks. p.s. - fuck you Stepany Neeley!!!!! you just got cold busted dumbass!!!!
________________________
FOP has sounded the alarm. They have acted.
As far as our trustees. Now that is another story. Cant say anything bad about Shields. HAUSSER is about as usless as tits on a bull. He talks about protecting the fund but I have never seen any action out of him. He attendes many free dinners and partys to rub elbows. Ask him a question though and notice the look of confusion. Always blames someone else. He has ridden the gravy train for a long time.
From the pension newsletter for 2009 Salary deductions were $95,614,390 employer contributions were $180,510,851
Decuctions for pension , disability, death benefits and refunds were $514,709,856 so the fund wouldnt last long with just our benefits of 95 million and payouts of 514 million, but our investments pick up alot og the deductions Thats been the problem, when investments made money during the good years we were fine, now with the downturn, our investments actually loss money
Where is the $517,500,000 going? Why not back to our pension?
do you really think that money is being saved?? hahahahah, that money has been long spent years and years ago before we even had staffing issues. we are broke. we cant afford police officers, city workers and cant afford pensions either. I love being in a union and I support us being in a union but the unions of this city will be the financial death of the city... it sucks to say it but its true.
Anonymous said...
Annie Ricks will be the answer to a trivia question one day: Who was the last resident of Cabrini-Green high rises?
Unfortunately, Annie Ricks still isn't employed and paying her own way. Just moved along to another publicly funded residence. 22 years in Cabrini is enough.
12/09/2010 11:37:00 PM
Plus, the liberal media will never tell you Ms. Ricks is the Mother of ..... [drum roll please] ..... 19 children!!!!!
And, no, this is not a joke. All 19birthed on public aid, fed by public aid, and subsequently sheltered in public housing. One more fact; the exact number of biological sires responsible for the 19 children is unknown.
And who paid for the movers and the moving truck? I am sure it was not anyone in the Ricks family, nor anyone known as Dad.
Please voice ur support for the pension bill. Just talk to someone in the Gov office. Not too many calls voicing ur support. Lot of bitching, but nothing being done about it. Please dial 312 814-2121.
Flood the phone NOW!!!!!!!
---
As far as our trustees. Now that is another story. Cant say anything bad about Shields. HAUSSER is about as usless as tits on a bull. He talks about protecting the fund but I have never seen any action out of him. He attendes many free dinners and partys to rub elbows. Ask him a question though and notice the look of confusion. Always blames someone else. He has ridden the gravy train for a long time.
12/10/2010 11:09:00 AM
I prefer tits on a bull to Hauser actually.
hey how about we start with the 50 million his son lost from our pension. why doesnt anyone bring this up
The city cries they have no money for our pensions but they can give $45 million subsidized loan to build a new Catholic Hospital at 31st and Kedzie?
In exchange for those givebacks, the unions got a pledge that their pensions funds would be 90 percent funded by 2041. Chicago’s Laborers, Municipal Employees, Police and Firefighters pension funds now have assets to cover just 42 percent of their future liabilities.
But don't worry everybody, those aldermanic pensions are still 96% funded and going strong!!!
I'm sure some of you have read the letter Bella wrote to the Tribune. Why did Bella write the letter as opposed to Donahue? I hope you guys are not really going to run him at the top of ticket. The members are not fooled, Bella knows nothing, absolutely zero about the pension. Why not Dougherty? Because he stutters a little? Who fucking cares! You rip on Shields on this blog, so be it. He is going to talk circles around Bella regarding the pension fund. The notion that Bella knows more about the pension fund is laughable. Shields v. Bella, Shields in a landslide. You do have to give Bella one thing: I hear he orders a great pizza after a police shooting. He really knows his toppings.
Anonymous said...
hey how about we start with the 50 million his son lost from our pension. why doesnt anyone bring this up
12/10/2010 09:06:00 PM
It was his nephew and it was $68 million and I don't believe the entire amount was disbursed but I agree with your sentiment.
The bastard and his family steal the city blind and now he wants to simply walk away from obligations.
There is a special place in hell for that prick.
Why doesn't Daley retire and take NO PENSION ... how much would that save the City of Chicago?!
Sell raffle tickets to offer the chance to be the person who presses the button that implodes the last Cabrini-Green high-rise and put the money in a fund to benefit Chicago coppers (meritcloutorious need not apply). I'm in.
Face it we might loose our pension the money is gone.. all games are being played like the SHELL GAME...
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