The Start of a Bright Idea
- It’s not too early for people to start making plans for the money that would be raised by casinos which have not been approved yet.
State Sen. Bill Cunningham (D-Chicago) said 20 percent of the revenue of the city-owned casino in Chicago should go to the city’s police and fire pension funds.
“First of all I am confident that eventually the General Assembly will approve a Chicago casino and what I hope to do with this bill is at the very lease to start a discussion. The City of Chicago is looking at a pension ramp-up in the coming years that is going to come with about a $700 million price tag,” said Cunningham.
Cunningham said the gambling forces came close enough passing legislation the governor wouldn’t sign, that he is comfortable looking at more casinos in the state in the near future.
20% should be a starting point of discussion. The fact is, the City of Chicago ought to devote most, if not all of the casino revenue to retiring old debt and fulfilling pension obligations prior to initiating any new spending programs.
We all know that government grows to meet the size of its revenue stream. Rahm and the Machine ought to temper that urge for the time being and settle up what's been promised first.
We all know that government grows to meet the size of its revenue stream. Rahm and the Machine ought to temper that urge for the time being and settle up what's been promised first.
Labels: money questions
posted by SCC at 12:05 AM
68 Comments:
Here is what Bill is leaving out.
Just like all the lottery money had to go to education... what they then did was subtract what the lottery was giving to education from the money the state was originally giving to education, thus just a shell game they were playing.
In order for this to really work it must state in the law that the 20% the casinos are giving to the pensions CANNOT be deducted from any other money being paid to the police and fire pensions...
This way there really is a surplus going to the pensions.
But good old Bill Cunningham won't do that... since he is a rubber stamped Michael Madigan electee...
It's all smoke and mirrors since Cunningham comes from the 19th Ward which is made up of a lot of cops and firemen... It sounds great....
Till you realize it is just like the Illinois Lottery Scam with education.
Sorry Bill... Keep your 20%!
Good luck with that. They do not care about you or anyone but themselves.they will piss this money away and we will be even worse off than we are .
Don't forget Maggie Daley Park. It will only cost a mere FIFTY-FIVE MILLION DOLLARS ($55,000,000.00).
Top ten words that I've seen enough of in the SCC comments section:
10)Asshat
9)Assclown
8)It is what it is
7)STFU
6)Get your shine box
5)Lighten up, Frances
4)Hairgel
3)DemocRAT
2)FLOP
1)McCarthy!
10-1/shots fired by police in 014 around midnight at north/damen/milwaukee... anybody have any more info?
SCC,
Why have you not commented about the advertisement for commanding officer of the Marine/Helicopter Unit that came out yesterday?
The only qualification needed is to be a Lt for 1 year. No technical qualifications needed.
No experience in maritime or aviation skills required
No education in anything concerning anything that involves the Marine or Helicopter areas of operation.
Oh....one other thing....they already appointed Michelle Obama's cousin to the job last week!!!!
If this isn't corruption, what is???
It's sad that our chicago politicians could care less about first responders. They are the only ones to blame for the pension mess and they know it. I just wish they would be fair. Unfortunately I think they are far too corrupt and greedy to put any money into the fund.
What makes anyone think that a casino run by the city would make money? The lotto makes money cause its basically subcontractors doing all of the work and sending money into the state. Imagine if you had to go to a government building to buy lotto tickets? It'd be a money pit disaster, just like every other govt run enterprise. This city owned casino will need people to work in it, can you imagine if the hotel you stayed at or the restaurant you ate at was staffed with the same type of people who work for the govt? Streets and San, CTA, CPS? Those businesses wouldn't last a week. And you think a casino is going to make it? No way.
Who wants to ride on a Boeing plane after this? Especially that new Dreamliner?
---------------------------------------
Boeing Co. engineers approved a new four-year contract that will help the planemaker reduce its pension liability, even as technical workers rejected the offer and gave their union the authority to call a strike at any time.
The plan was approved by 5,691 engineers, or 54 percent of votes, the Society of Professional Engineering Employees in Aerospace said today. The union was granted strike authorization by 3,316 engineers, or 56 percent of votes in that tally, though it is a moot approval since the contract passed. Of the technical workers, 3,104 or 53 percent voted against the contract and 3,796 or 64 percent gave strike authorization.
The 23,000 engineers and technical workers, mainly at Boeing’s Seattle-area manufacturing and development hub, had been working without a contract since November.
Boeing sweetened its offer last month to match the 5 percent annual pay-raise pools from the last contract, after the group voted against its previous proposal in October. The deal would move new employees into a 401(k)-style retirement plan instead of the traditional pension. The union had warned that the switch would reduce retirement benefits, divide the workforce and lead to the elimination of the pension entirely.
Boeing engineers are helping to investigate the 787 Dreamliner’s battery faults last month that have kept the new model grounded since Jan. 16. They’re also helping the Chicago- based planemaker boost production to a record this year and develop upgrades to its 737, 777 and 787 jet. Technical workers act as liaisons between engineers and machinists.
http://www.bloomberg.com/news/2013-02-20/boeing-engineers-approve-deal-as-strike-by-others-planned.html
Can you trust the vote counts?
If we can believe it....paying Pensions and Past Debts, first....fantastic..but will it happen and take the burden off the taxpayers?? Maybe a light through the dark tunnel, here. Hope so.
We have to resort to a casino as a revenue generator. Heres an idea, cut corporate taxes in illinois and i bet taxable revenue will increase. Cut the state, county and city budgt by 10% across the board and lower property taxes a few percentage points. Cut over generous entitlement payments i.e. link, housing, bs child care funding.
Thank god Professor Daley from the Univ of Chicago is handing out advice to Gary, Indiana how to solve its problems. Take the time to think, the rest of the state of Indiana is thriving and debt free. Hmmmm whats the common denominator?
iv e posted few weeks ago in your comet section about casinos and our pensions. finally a politician is bringing up an obvious issue
And that is what the "agreement" with the sergeant's association is designed to circumvent. The City won't have to spend one dime more if that agreement is repeated across all police unions and fire.
Subway robber caught at north/damen....now i can go back to annoying people about something else
mg
The only problem with this idea is Rahm.
Rahm tends to do only what Rahm wants and Rahm has no intention of honoring our pension obligation.
Rahm will do anything and everything to fuck with our pensions. He'll refuse to let gambling proceeds go for pension debt .... instead he'll say it's "for the children" and he's "protecting the taxpayers".
Rahm and the Machine ought to temper that urge for the time being and settle up what's been promised first.
Emanuel said long ago words to the effect, I'm not worried about old bills. I'm spending for the future.
Those were not his exact words, but you get the idea.
State Sen. Bill Cunningham (D-Chicago) said 20 percent of the revenue of the city-owned casino in Chicago should go to the city’s police and fire pension funds.
"NNNNOOOOOOO!!!" screamed Quinn & Emanuel, almost simultaneously, adding, "I'VE ALREADY GOT OTHER PLANS FOR THAT MONEY!!"
"YOU CAN'T TELL THE TAXPAYERS THAT A NEW REVENUE STREAM IS IN THE WORKS!!"
National Review has an interesting piece on the effects of tearing the projects down.
The best laid plans of mice and men.
https://www.nationalreview.com/nrd/articles/340053/gangsterville?pg=1
Regardless of what some state senator suggests, if you think that ANY of an additional revenue stream will really go toward pension funding, you are really smoking the good shit. Remember that this is Chicago, Cook county, Illinois. We are doomed.
Bill I will vote for you!!!!
Mine All Mine! I need that money, people to pay off more give always to to the enlightened ones. Already spent, Mine Mine go away you government employees you don't need a pension! I need that money!
Rahm
wishfull thinking. when rham and his 50 alderjesters put the taxpayer on the cuff for a gambling palace and all the do nothing 100k jobs are given away like so many pieces of candy.
will there be anything left?
eventually another city asset to sell.
Are you kidding? Casino money going towards our pension? Why would you think for one minute that our illustrious leader would make the police pension a priority?
Next!
Now is a good time to start up a sign company, pay off a few aldermutts and get a no bid contract to make a few 55 MILLION DOLLAR signs.
Just went to my CPA. For taxes, did you know the illegals and link card holders get child care tax credits and some get up to $8,000 yep $8,000 back from IRS in the credits! They don't work collect from our hard paid tax obey and get more money! No wonder this country is in the shitter!
You can't base an economy on gambling. It won't work.
Keep in mind please, exactly what this article states, That is 'one' State Senator believes 20% of city-owned revenue 'should' go to police/fire pension funds.
I recall Rahm, when pushing for a city casino, indicating that the revenue would go toward...'education.'
Quinn's disapproval stems from involvement, jurisdiction, and management and indicated that he does not object to directing the revenue toward 'education' as well.
So, first we'd need a casino in Chicago with oversight.
Then we would have to have a reasonable percentage of revenue directed into the pension fund(s). Finally, that money should NOT be in lieu of, but in addition to, the city/state required pension obligation.
We all know how it SHOULD work.
Then again, we've all seen how things are done.
That's exactly why they want pension reform before casinos. So, they can get their grubby little hands on the casino money.
Hey Rahm...I promise...on your next political endeavor...the people will hear from us...promise!
Anonymous said...
SCC,
Why have you not commented about the advertisement for commanding officer of the Marine/Helicopter Unit that came out yesterday?
The only qualification needed is to be a Lt for 1 year. No technical qualifications needed.
No experience in maritime or aviation skills required
No education in anything concerning anything that involves the Marine or Helicopter areas of operation.
Oh....one other thing....they already appointed Michelle Obama's cousin to the job last week!!!!
If this isn't corruption, what is???
2/20/2013 12:38:00 AM
Well since the last one was dumped would you not need one there in the interim until a new one is officially assigned?
Secondly, is the sgt of dics a former dic? a sgt at narcotics a former narcotic officer? etc. A Lt is there a manager and will not be flying a helicopter of diving off a boat. Just hope that they get a good boss to look out after everyones best interest. Besides there might not even be any lt's that were formerly in the unit to apply
Did anyone else see rham yesterday talking about a new plan to get the children off the street. Some nonsense about basketball being the cure. It ended with a request for the tax paying citizens to donate to the cause. The tiny dancer is just plain fricken nuts. Look for a new tax. God knows we don't support these law abiding children already.
Funny how Rahm never mentioned even one dollar going toward the pension crisis during his "demand" for a casino and what he would do with the "loot!"
Speaking of Pensions...
CalPERS divests gun manufacturers, shoots retirees in the feet:
http://legalinsurrection.com/2013/02/calpers-divests-gun-manufacturers-shoots-retirees-in-feet/
The State teachers union is promoting a pension fix bill that involves members contributing and extra 2% of their salary to their pension fund:
http://capitolfax.com/2013/02/19/bipartisan-labor-backed-pension-bill-introduced/
The Sergeants Union wasn't too far off....
How about all ticket and ANOV fines go into the pension funds of the police pension fund. Once that is fully funded, we fund the firemans and then the rest of the city pension funds. The city does not have to come up with new money and we can stop threatening officers to write citations. I would say that officers would freely write hundreds of citations if they knew the money was going to support the pension. As an added bonus the city would reduce crime because officers would be active, stopping numerous cars. The other unions would love us for funding the pensions and Rahm would be viewed better by all unions. Why wait for a casino?
I knew I should of voted for Billy even though he's a democrat!
This fucking city/state needs to legalize EVERYTHING and tax the shit out of it and pay their fucking bills - legalize weed, prostitution,gambling etc. And don't give me that bullshit moral argument against it politicians aka Quinn,Emanuel, mating an - u are ruthless thieves / politicians who have driven this state/city to last in the country in its financial responsibility -u have no more(if ever) moral authority to tell us anything - most Il. Politicians are the scum of the earth-it's also been reported that these Il. politicians average 15,000 more in salary then the average citizen FOR FUCKING WHAT! Politicians shouldn't even be paid, it should be a part time commitment/calling made up of people who just want to make this place/city/state a better place to live and raise a family
this is a no brainer, however, something tells me they will piss it all away on other bullshit. this is chitcago, crook county, illinoises, so of course the machine will get its sticky fingers on it if it passes.
This is one thing I will agree w/rham on ,is that we get quinn to STFU and get a casino in Chicago.
What makes anyone think that a casino run by the city would make money? The lotto makes money cause its basically subcontractors doing all of the work and sending money into the state. Imagine if you had to go to a government building to buy lotto tickets? It'd be a money pit disaster, just like every other govt run enterprise. This city owned casino will need people to work in it, can you imagine if the hotel you stayed at or the restaurant you ate at was staffed with the same type of people who work for the govt? Streets and San, CTA, CPS? Those businesses wouldn't last a week. And you think a casino is going to make it? No way.
There's something wrong with you.
Just heard on the loop radio station talking about Rahm and his lies and doublespeak to fit his agenda. The radio announcers stated what a bulls.hitter he is. They said the taste of Chicago lost 1.3 million dollars in revenue last year. They read a quote from Rahm from last year stating the taste was being privatized so the city makes more money. Now that it shows the city lost money Rahm states its not about the city making money its for family fun and safety. There's that safety thing again. They further stated the red light cameras generated 69 million dollars for the city last year. The announcers laughed and stated oh I thought Rahm said the cameras were for safety not revenue. Just keep changing wording to fit Rahms agenda!!!
What makes anyone think that a casino run by the city would make money? The lotto makes money cause its basically subcontractors doing all of the work and sending money into the state. Imagine if you had to go to a government building to buy lotto tickets? It'd be a money pit disaster, just like every other govt run enterprise. This city owned casino will need people to work in it, can you imagine if the hotel you stayed at or the restaurant you ate at was staffed with the same type of people who work for the govt? Streets and San, CTA, CPS? Those businesses wouldn't last a week. And you think a casino is going to make it? No way.
Have to agree with you. After all the politicians get their fingers in the pie, wether thru contracts, hiring, lobbying, who says they will make money.
Being a retired po, I remember a few years back when the gambling unit took over a gambling operation for a period of time, they lose money. They supposedly kept it going to make more arrests and try to get to the top
Why have you not commented about the advertisement for commanding officer of the Marine/Helicopter Unit that came out yesterday?
The only qualification needed is to be a Lt for 1 year. No technical qualifications needed.
No experience in maritime or aviation skills required
No education in anything concerning anything that involves the Marine or Helicopter areas of operation.
Oh....one other thing....they already appointed Michelle Obama's cousin to the job last week!!!!
If this isn't corruption, what is???
Guess it would not have been smart to appoint a veteran who may have been a helicopter pilot in the war or a veteran who commanded a helcopter unit in the service
Anonymous said...
10-1/shots fired by police in 014 around midnight at north/damen/milwaukee... anybody have any more info?
Yep shot a suspect who they say did 12 armed robberies and tried to run down a po after a car chase. Started at 800 N . State at a Subway store I believe
iv e posted few weeks ago in your comet section about casinos and our pensions. finally a politician is bringing up an obvious issue
2/20/2013 01:03:00 AM
Hes just showboating for his constiuants. His area is loaded with police officers and firemen so hes appeasing them No chance it will happen and if they wanted it to happen, Madigan would do it. Sure he doesnt want to bring it up and then not be able to pass it in Springfield
Bill Cunningham is a weasel 19th ward backstabber. Cunningham has no credibility and is a GOOF. He's not qualified to park cars. Cunningham is trying to rehabilitate his bad reputation and play to the police officers and hose pullers in his ward. As I said he's a real GOOF. He's right up there with Sheriff Tommy Dart. Political hack
50 million for youth basketball for inner city youth.
But PLEASE......think about the children!!!
If BHO had a son would he look like JJ Jr. ?
Another bright idea from the BBC . . .
19 February 2013 Last updated at 21:04 ET
Montreal city hall raided by anti-corruption police
Montreal's city hall has been raided by anti-corruption police seeking evidence of fraud and breach of trust.
Other offices of the Canadian city and of Union Montreal, former Mayor Gerald Tremblay's party, were also raided.
Mr Tremblay and the mayor of Laval have both stepped down amid allegations related to the construction industry.
Further details on the targets of the inquiry were unavailable; A police spokeswoman said the raid was part of a two-year investigation.
As the raid started about 16:00 EST (21:00 GMT), all officials and staff were told to leave the building, though some were held back for questioning.
Anne-Frederick Laurence, spokeswoman for anti-corruption police squad Unite permanente anti-corruption (UPAC), said more than 120 officers took part in the search and that officials were planning to question 25 people, including politicians, in relation the investigation.
"No charges have been laid," she said.
Louise Harel, the leader of the Vision Montreal party, told the Montreal Gazette newspaper she believed it was the first time police ever had raided city hall.
"We wanted a big clean-up at city hall. Now that clean-up is starting and I have confidence in UPAC," she said. "I have confidence that they're working for good reasons, but I don't know what those reasons are."
Anonymous said...
Subway robber caught at north/damen....now i can go back to annoying people about something else
mg
2/20/2013 01:41:00 AM
No no no sarge, my fraternity brother tell me wha happen
First, money is found for the pensions, Then the new casino money can be used for new corruption.
Don;t ever waste big new money on present bills!
During one of the mayoral debates Rahm stated that he supported a Chicago casino and that some of the revenue would be used to shore up the pensions. Of course he also stated he would use 100 million of TIF funds to hire 200 new police officers.....
Anonymous said...
Funny how Rahm never mentioned even one dollar going toward the pension crisis during his "demand" for a casino and what he would do with the "loot!"
2/20/2013 08:48:00 AM
More free shit goes to the ghetto. Solution to ghetto violence is throw more money their way. Like throwing blood soaked fish food into a school of pirhanas.
Anonymous said...
10-1/shots fired by police in 014 around midnight at north/damen/milwaukee... anybody have any more info?
2/20/2013 12:33:00 AM
Robbery offender spotted in the area. PO's gave chase and offender struck police vehicle and attempted to run down officer, who opened fire while in fear for his life. Shit-head caught and in custody!! GREAT job by PO's. Good teamwork. Stay safe!!!
Hey SCC: OT: Rep. Lou Lang has proposed legislation that the states 67% state tax increase, due to expire, be made permanent!!! We taxpayers sure saw this coming, didn't we? Once they get their hands a little further into our pocket and grab the wallett, they don't want to let go!!! LEECHES!!!!
Gonna go to all the shitbird no tax paying citizen who can't read or write and r a drain on society put them all in the lake
Hey,a casino in Chicago along the likes of city emplyees,
Mccarthy,Charlie from St and San,half the alderman can become Pit Bosses.The name of course
CIRCUS ,CIRCUS.
how does a city OWN a casino?
WTF?
welcome to the new America comrade
O.T.
Why is Mike (BlK)Shields the new CO for the Marine/Helicopter Unit?
Why did they put out a message asking for lieutenants to put in resumes for that spot if they are giving it to Mike Shields (obama's) cousin? McSTUPID clearly there is transparency in how people are selected for these units. I call BS.
Why, Why, Why ?????
Just leave allready McIDIOT!!!
No one respects you, all the exempts make fun of you.
SCC,
Why have you not commented about the advertisement for commanding officer of the Marine/Helicopter Unit that came out yesterday?
The only qualification needed is to be a Lt for 1 year. No technical qualifications needed.
No experience in maritime or aviation skills required
No education in anything concerning anything that involves the Marine or Helicopter areas of operation.
Oh....one other thing....they already appointed Michelle Obama's cousin to the job last week!!!!
If this isn't corruption, what is???
2/20/2013 12:38:00 AM
Well since the last one was dumped would you not need one there in the interim until a new one is officially assigned?
Secondly, is the sgt of dics a former dic? a sgt at narcotics a former narcotic officer? etc. A Lt is there a manager and will not be flying a helicopter of diving off a boat. Just hope that they get a good boss to look out after everyones best interest. Besides there might not even be any lt's that were formerly in the unit to apply
2/20/2013 08:28:00 AM
Top candidate is MIA turd watch Lt. M.
It reminds of the idea of "Midnight Basketball" in the 010th District about 15 years ago.. We called it "Weed Fest" because the aroma of Weed permeated throughout the stands. We were told to basically to lay off them.
I just paid all my bills today. And there is some money left over Will it go to pay down any remaing debt?Nope
So what do you think will happen with any new money government receives?
"the more you make-the more you spend"
.T. Why is Mike (BlK)Shields the new CO for the Marine/Helicopter Unit? Why did they put out a message asking for lieutenants to put in resumes for that spot if they are giving it to Mike Shields (obama's) cousin? McSTUPID clearly there is transparency in how people are selected for these units. I call BS. Why, Why, Why ????? Just leave allready McIDIOT!!! No one respects you, all the exempts make fun of you. 2/20/2013 06:26:00 PM
He knows how to swim?
Anonymous said...
O.T.
Why is Mike (BlK)Shields the new CO for the Marine/Helicopter Unit?
Why did they put out a message asking for lieutenants to put in resumes for that spot if they are giving it to Mike Shields (obama's) cousin? McSTUPID clearly there is transparency in how people are selected for these units. I call BS.
Why, Why, Why ?????
Just leave allready McIDIOT!!!
No one respects you, all the exempts make fun of you.
2/20/2013 06:26:00 PM
It is an old trick in this police department to ask for applicants for a particular position. The hapless dupes will dutifully submit their carefully compiled resume and fill out a very sincere application and then the world-wide search commences.
And then the brother or cousin of the heavy weight who was picked to get the spot all along will be declared the new Chief of Out of State Criminal Extradition and Vacation Spot Inspection or whatever and start reaping the bounty.
There won't be a selection process, are you new here? The applicants are merely cover to artificially legitimize the rigged process devised by the Division of Phony Baloney Job Handing Out.
Do you or anyone really think anythng in this City is done fairly? Hell, the fucking red lights are rigged by clout, speed bumps in alleys require a phone call. Getting a new garbage can in your alley needs someone who knows someone who knows a guy who makes a call.
The fucking homeless piss bums call their clout to get the best underpasses to flop under.
This whole fucking place is rotten to the core!
We suggested something like this to Lou Lang, needless to say, he never answered us.
He knows how to swim?
2/20/2013 09:19:00 PM
he knows how to dog paddle.
Just put thee casino in and lets go. I still say the Congress is going to be the likely spot. Just a park stroll away from a gambling boat if the need for gambling on water arises.
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