"Cash Strapped"
An amusing comment yesterday:
- It's amazing how the first line in the Sun-Times reads, "cash-strapped city must pay $1 million in disputed overtime..." How come it never reads, "cash-strapped city to finance new basketball stadium for DePaul..."
Probably because the Sun Times is in Rahm's pocket, right next to his balls and ass, where it's toasty warm and they feel safe.
Labels: from the comments
posted by SCC at 12:04 AM
53 Comments:
Just received an email from the 19th ward , that the mayor has given $250,000from unused NATO private contributions for the Bevery arts center. Apparently the arts center could not pay off its construction debt, and now is looking for a handout. The community has to cover the other $500,000 in the next year. This is where your money is going
How come it never reads: "cash strapped city to construct 55 million dollar Maggie Daley Park"?
Yeah, Pay up Rham.
Well, intead of spending the "left over 14 millionof NATO funds", Rahm should have invested it. Then the city wouldn't be so cash strapped to payout what it owes to it's first responders.
Its shameful the way Tiny dancer wastes money on everything but police. This has to be the campaign slogan of any potential challenger...
OT
SunTimes story has Al Sharpton urging the black clergy "to embrace" the gang summit. It has come to this.........the dog no longer wags the tail, but the tail is wagging the dog.
Do like the politicians and ceasefire. Bleed this baby till it dies coppers.
Just received an email from the 19th ward , that the mayor has given $250,000from unused NATO private contributions for the Bevery arts center. Apparently the arts center could not pay off its construction debt, and now is looking for a handout. The community has to cover the other $500,000 in the next year. This is where your money is going
9/27/2013 12:08:00 AM
Unused NATO money!! Are you kidding ? This is my tax dollars you are giving away. It's not like we have any money just laying around. This City is in the hole and it's a big hole. Stop giving OUR money away. Who votes for these guys?
Little known fact- the CPS school system was making about $6.8 Million a year on antennae leases on various school buildings. (For wireless carriers)
A school might make $70K to $90K a year that the principal could then take and fund things like supplies, extra equipment or even a cop on premise.
Rahm came in and took 2/3s of all that revenue for "some other project". WHY?
Now local schools have lost some real money - a real, recurring revenue stream - that they could put to their best use.
Don't tell me the city is cash-strapped. Where is the money going to??? 2/3s of $6.8 Million a year is a LOT of money.
Hocus pocus domino cus, now you see it, now you don't. Where are all the "investigative reporters" from the media????
They have no need to stick their head in the sand. From their position they can just stick it up Rahm's ass.
Scum Times. Just the worst rag out there.
When the Rhode island pension funds got to 49% funded the state legislature sprang into action and screwed the workers but saved the state. The point is, they got to 49% and the state did something. Here, the police fund is at 30% and everyone is still ho-hum.
This is CRITICAL
Just a couple of years ago our fund was at 40% and no one did a thing except that jagoff Lawrence Msall who declared the pensions "unsustainable"
Too bad Msall never screamed while Daley was defunding the pension funds.
Anonymous Anonymous said...
How come it never reads: "cash strapped city to construct 55 million dollar Maggie Daley Park"?
9/27/2013 12:32:00 AM
$92 million hotel and stadium complex in south loop
$250 million Malcolm X College while one is still standing and being used
And lots more.
"cash Strapped" ?? You wouldn't know it the way Rahm is throwing money at the schools. 20 million here 20 million there. And how many times is he going to spend that "leftover NATO money"? That money was gone a long time ago.
Cash strapped???? $92 for a Depaul stadium, $40 mil for a new school on south side when he could have simply kept schools open!
Cash strapped city pays for unnecessary bicycle lanes.
They should have built a big tavern instead of the "Beverly Arts Center". Some of the greatest wit and oratory prowess can come from Irish cops having a few "Mind Expanders" especially from that Beverly Crowd. Does anyone remember the "Beverly Boys Club" which met at Ken's On Western Ave on Fridays after work. All of the South side gold stars would meet and mingle. Then one day word got out that the place and several rats were wired by the Feds and the place was so empty it went out of business.
How about this? A very enlightening piece on HOW our pensions are going to be gutted.
http://www.rawstory.com/rs/2013/09/26/matt-taibbi-wall-street-hedge-funds-are-stealing-public-workers-pensions/
O.T.
Did anyone watch Bill o reilly the other day? On his pinheads and patriots segment he used rahm as an example of a pin head. He went off on him calling him a little tyrant.
Speaking of cash strapped.... Detroit businesses have chipped in to buy police cars- http://finance.yahoo.com/news/ahead-talks-feds-100m-broke-052231029.html.
Only a matter of time before we see it here.
Who wants the Boeing sponsored car?
You call this a free press? This is just the tip of the iceberg. Wake the fuck up people! Start reading and listening to alternative news sites, journalists, etc.. Don't just rely on the main stream media.
Our present main stream media is the equivalent of Pravda.
Tell me it taint so.
If the Sun-Times didn't endorse my hero Obama, I would never read it.
Now, kees me you fool!!!!
Anonymous Anonymous said...
How come it never reads: "cash strapped city to construct 55 million dollar Maggie Daley Park"?
9/27/2013 12:32:00 AM
Because the work is over halfway done and the real reason it's being rebuilt is because the Grant Park parking garage roof was failing and had to be rebuilt. In other words, everything above the garage had to go, anyway.
cash strapped city builds Maggie daley park
55 million or is it growing already?
cash strapped city / mayor
having trouble stealing money from
the old honey pots, Police and Fire pension funds.
tax the bastards till they bleed
Cash strapped Maggie Daley Park had no problem planting the autumn mums did they?
Financial wizard and investment guru Rahm (Fannie Mae $16m,FNMA otcbb), sure can't get a break on how to turn this City into a gold mine for the people that serve.
Yet without any legal background, he wants to change the Illinois Constitution to buy himself some time for his personal gains, whether political or financial.
The City had +30 years to shore up pensions and were so advised year after year by the actuaries.
Ask the POTUS, deadbeats don't pay their bills.
You mean the shun times pussies personified.
Could have used the one million they wasted on Ceasefire
Noway nohow is the city broke! Rahm has money hidden everywhere! His buddy barry is the president 1 phone call would produce billions, in the killing fields of obamas hometown! When the great George Bush was President Texas had a huge surplus, and crime was low he gave the money to make his hometown flourish! Barry Obama most likely gave the money but apparently rahm has it in his hidden funds! Any investigative reporters out there to delve into this?
From the attitudes expressed by the LEOs who comment on this site, as a truck driver I have one request:
Would you all please consider relocating to Georgia?
You would fit in well with the good officers that we already have, more of your encounters would be with people who respect you and your profession, and the weather is better.
The pay is lower, but so is the cost of living.
>>>Anonymous said...
Just received an email from the 19th ward , that the mayor has given $250,000from unused NATO private contributions for the Bevery arts center. Apparently the arts center could not pay off its construction debt, and now is looking for a handout. The community has to cover the other $500,000 in the next year. This is where your money is going
9/27/2013 12:08:00 AM<<<
That is how he buys votes with our money,
Cops don't bother to vote!
The fact that the media never mentions all the millions of $$$ wasted on pet projects like Maggie Daley park, Depaul, McCormick, Malcome X, etc etc and then they hammer first responders as greedy. Just shows you how much they really think about the job we do.
Don't forget the cash strapped city that made all the "improvments " by the river, and closed schools so they could build new ones now to help with the overcrowding....
The city being broke and cash strapped when it comes to dealing with us has been going on since at least the Shortshanks era. They always seem to "find" plenty of money for their pet projects and crooked contracts to enrich their friends, political contributors and ultimately themselves.
It's way past due for an arbitrator to call BS on the city and force a forensic audit.
rahn just loves how rhode island raped the public pensions.
- - - - - - - - - - - - - - - -
Looting the Pension Funds
All across America, Wall Street is grabbing money meant for public workers
[...]... Even former Obama right hand and Chicago mayor Rahm Emanuel pointed to Rhode Island as an example to be followed in curing pension woes.
What few people knew at the time was that Raimondo's "tool kit" wasn't just meant for local consumption. The dynamic young Rhodes scholar was allowing her state to be used as a test case for the rest of the country, at the behest of powerful out-of-state financiers with dreams of pushing pension reform down the throats of taxpayers and public workers from coast to coast.
[...[..This is the third act in an improbable triple-fucking of ordinary people that Wall Street is seeking to pull off as a shocker epilogue to the crisis era. Five years ago this fall, an epidemic of fraud and thievery in the financial-services industry triggered the collapse of our economy. The resultant loss of tax revenue plunged states everywhere into spiraling fiscal crises, and local governments suffered huge losses in their retirement portfolios – remember, these public pension funds were some of the most frequently targeted suckers upon whom Wall Street dumped its fraud-riddled mortgage-backed securities in the pre-crash years.
Today, the same Wall Street crowd that caused the crash is not merely rolling in money again but aggressively counterattacking on the public-relations front. The battle increasingly centers around public funds like state and municipal pensions. This war isn't just about money. Crucially, in ways invisible to most Americans, it's also about blame. In state after state, politicians are following the Rhode Island playbook, using scare tactics and lavishly funded PR campaigns to cast teachers, firefighters and cops – not bankers – as the budget-devouring boogeymen responsible for the mounting fiscal problems of America's states and cities.
Secrets and Lies of the Bailout
Not only did these middle-class workers already lose huge chunks of retirement money to huckster financiers in the crash, and not only are they now being asked to take the long-term hit for those years of greed and speculative excess, but in many cases they're also being forced to sit by and watch helplessly as Gordon Gekko wanna-be's like Loeb or scorched-earth takeover artists like Bain Capital are put in charge of their retirement savings.
Read more: http://www.rollingstone.com/politics/news/looting-the-pension-funds-20130926#ixzz2g7X7q9Dh
Follow us: @rollingstone on Twitter | RollingStone on Facebook
dividing up the pension funds amongst his friends. just look at all that money -- just sitting their, begging to be taken. why you know how many of rahm's friends could be awarded six figure do-nothing positions of power with that money -- do you know - how many corporate ceo's will slide up next to rahm to ensure him a position with their firm should he be kicked out of office if he only just sends some tax rebates their way.
we're all getting scammed big time. how much more my friends - how much more...
Corporate taxes and the state’s fiscal crisis
A coalition of community, labor and religious groups will hold a press conference at 9 a.m., on Friday, September 27 at the Thompson Center press room and march over to the Bilandic Building, 160 N. LaSalle, to a House Revenue Committee hearing on the Illinois Corporate Responsibility and Tax Disclosure Act.
Illinois is in fiscal free-fall, but our political leaders seem incapable of addressing a structural deficit created by our regressive tax system.
The state’s crisis threaten to swamp the budgets of cities and school districts as well as funding for human services and health care, but “the only solutions that are ever discussed are deeper and deeper cuts,” said Kristi Sanford of Northside POWER, part of a statewide coalition pushing for corporate tax accountability. “But these cuts just hurt Illinois families and the state’s economy — and no amount of cuts can solve the problem.”
Meanwhile Springfield is leaving serious money on the table: two-thirds of corporations operating in Illinois paid no state income tax in 2010, according to the Illinois Department of Revenue.
According to the Governor’s Office of Management and Budget, 80 percent of state revenues come from individual income tax and sales tax receipts; only 9 percent comes from corporate income taxes.
Corporations reporting billions in profits are estimated to have paid no state income tax.
http://www.newstips.org/2013/09/corporate-taxes-and-the-states-fiscal-crisis/
First Responders are second, third or even only fourth in Rahms book
First Responders are second, third or even only fourth in Rahms book
9/27/2013 03:18:00 PM
I would counter that we are merely a footnote at best in Rahm's book. He despises us and holds downright contempt for us.
Anonymous Anonymous said...
Anonymous Anonymous said...
How come it never reads: "cash strapped city to construct 55 million dollar Maggie Daley Park"?
9/27/2013 12:32:00 AM
Because the work is over halfway done and the real reason it's being rebuilt is because the Grant Park parking garage roof was failing and had to be rebuilt. In other words, everything above the garage had to go, anyway.
9/27/2013 10:05:00 AM
That's the truth.
Was in that garage the other day with Units' 211 and 212....looks like crap down there now that LAZ took over.
Mike "Gov Blago" Shields has this bleeping thing and its bleeping golden. It's McCarthys inside spot, see he's in the next Sgts class and Mike can use it, sell it do whatever he wants with it. Mike will probably call his brother to put out feelers. Maybe we can use the inside spot to get Carlos Cortes to stop bringing charges against Mike. Lets hope it ends better for Mike than it did for Rod.
Anonymous said...
They should have built a big tavern instead of the "Beverly Arts Center". Some of the greatest wit and oratory prowess can come from Irish cops having a few "Mind Expanders" especially from that Beverly Crowd. Does anyone remember the "Beverly Boys Club" which met at Ken's On Western Ave on Fridays after work. All of the South side gold stars would meet and mingle. Then one day word got out that the place and several rats were wired by the Feds and the place was so empty it went out of business.
9/27/2013 09:16:00 AM
````````````````````
Nice story, but Ken's is still in business and doing quite well I might add. MORON!
Never fear Fed $$ to the rescue..how much of this will be "missing when all is said and done..will Chicago be next for this windfall??............ A bailout still isn't on the books for Detroit, but top Obama administration officials met with regional leaders Friday before announcing an aid package that will total at least $300 million.
U.S. Attorney General Eric Holder, National Economic Council Director Gene Sperling, Transportation Secretary Anthony Foxx and Housing and Urban Development Secretary Shaun Donovan joined local and regional leaders in a closed-door meeting Friday morning at Wayne State University in Detroit. Members of Michigan's congressional delegation, local faith leaders, philanthropic advocates, business executives and union representatives were also invited.
The $300 million package, which was announced at a press conference following the meeting, includes $25 million for Detroit's firefighters and enough money to hire 10 new police officers; money to demolish more of the city's 70,000 abandoned and dangerous buildings (including commercial buildings, for whose demolishing no funding stream previously existed); $24 million to repair the city's battered bus fleet and install security cameras on board; and $65 million in Community Development Block Grant funds. Several million dollars will be spent to stimulate regional transportation and aid construction of the city's M-1 rail project.
Can anyone verify whether the Park District is going to name a new swimming pool complex after Dick Mell?
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\ OT. On Sat morn 10:00am radio station WBEZ will air a NYPD officer who blew the lid off of COMPSTAT and police quotas on the NYPD by secretly recording roll calls and supervisors demanding activity while also downgrading crime statistics. It originally aired on Fri. Evening and will be re broadcasted Sept 28th. FM 91.5. It will air at approx. 10:20am scheduled as the 2nd story. I heard Fridays broadcast. Great stuff.
Anonymous said...
Anonymous Anonymous said...
How come it never reads: "cash strapped city to construct 55 million dollar Maggie Daley Park"?
9/27/2013 12:32:00 AM
$92 million hotel and stadium complex in south loop
$250 million Malcolm X College while one is still standing and being used
And lots more.
9/27/2013 08:41:00 AM
Why are you complaining? Your relatives will be the electricians,plumbers,carpenters,drywallers,painters, doors & windows and tile guys on the construction site. They will be working,stop complaining.
How fucking ignorant can reporters get their fucking brain dead these asshole's.
cash strapped city / mayor
having trouble stealing money from
the old honey pots, Police and Fire pension funds.
He is having no problem stealing from us.Was flipping around the AM dial early this morning when 780 had an item that stated this fuck is considering stalling/delaying pension checks to... you guessed it...CPD & CFD Retirees.
Get the pitchforks and torches at the ready. A couple of long guns too.
Anonymous Anonymous said...
How come it never reads: "cash strapped city to construct 55 million dollar Maggie Daley Park"?
9/27/2013 12:32:00 AM
$92 million hotel and stadium complex in south loop
$250 million Malcolm X College while one is still standing and being used
And lots more.
9/27/2013 08:41:00 AM
250 million of our tax dollars to prop up a joke of a school. Your sheepskin from Malcolm X may as well be made of toilet paper.
Rahm is buying votes with OUR money.
Anonymous Anonymous said...
cash strapped city / mayor
having trouble stealing money from
the old honey pots, Police and Fire pension funds.
He is having no problem stealing from us.Was flipping around the AM dial early this morning when 780 had an item that stated this fuck is considering stalling/delaying pension checks to... you guessed it...CPD & CFD Retirees.
Get the pitchforks and torches at the ready. A couple of long guns too.
9/28/2013 09:10:00 AM
And what was his excuse for this?
Can anyone verify whether the Park District is going to name a new swimming pool complex after Dick Mell?
9/27/2013 10:33:00 PM
Normally, the Park District only names parks after people who are deceased. A swimming complex may not be considered a "park". Wouldn't doubt it.
Anonymous Anonymous said...
Anonymous Anonymous said...
cash strapped city / mayor
having trouble stealing money from
the old honey pots, Police and Fire pension funds.
He is having no problem stealing from us.Was flipping around the AM dial early this morning when 780 had an item that stated this fuck is considering stalling/delaying pension checks to... you guessed it...CPD & CFD Retirees.
Get the pitchforks and torches at the ready. A couple of long guns too.
9/28/2013 09:10:00 AM
And what was his excuse for this?
9/28/2013 06:06:00 PM
You sure it wasn't about him wanting to delay the City's mandated 2015 full-funding payments into the pension fund?
I think if he was talking openly about delaying actual payout checks, the media/scc/every one of us would be all over it.
Anonymous Anonymous said...
cash strapped city / mayor
having trouble stealing money from
the old honey pots, Police and Fire pension funds.
He is having no problem stealing from us.Was flipping around the AM dial early this morning when 780 had an item that stated this fuck is considering stalling/delaying pension checks to... you guessed it...CPD & CFD Retirees.
Get the pitchforks and torches at the ready. A couple of long guns too.
9/28/2013 09:10:00 AM
Pitchforks, torches, like the townspeople chasing the monster in Frankenstein.
4228 N Hermitage.
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