Now You See It....
Someone noticed this:
- OT: Rahm was just on WTTW 11, Chicago Tonight. He was interviewed for about 25 minutes. The word "casino" never came up.
Before his re-election he appeared several times on CT saying the casino profits would be dedicated completely to the police/fire pension. The casino would "solve" all the financial problems. He also said increasing property taxes would be the absolute last thing he would do.
What happened to the casino???
So where has all the casino talk gone? Is the casino money out now? Wasn't there some sort of "gentlemen's agreement" with the FOP, PBPA and Fire unions about casino revenues going to fund pensions for a certain number of years? Is all of that gone now? Wasn't Rahm pushing to get the FOP endorsement of the casino deal so he could fire up McCormick Place with slot machines? Supposedly, Trump has an entire floor vacant in his hotel for high-roller gaming, primed for that casino bill that no one is talking about any more.
All we see right now is the Police and Fire pensions holding a $550 million trick bag while casino investors are dividing up the previously earmarked "pension dollars" among themselves.
Are we wrong?
All we see right now is the Police and Fire pensions holding a $550 million trick bag while casino investors are dividing up the previously earmarked "pension dollars" among themselves.
Are we wrong?
Labels: money questions
posted by SCC at 12:07 AM
44 Comments:
Pensions will get shored up with property taxes, Rauner will get se type
Of pension reform through and then
In quietly will come the casinos. Balloon payment made, pension changes made and now casino money will be freed up to be used at the cities discretion... And we all know the rest of the story...
The deal is Trump drops out of the presidential race and the democrats give him the exclusive casino in Chicago. Additionally Dr. Dean Sr. PhD gets the contract for gamblers anonymous classes at the City Colleges.
You heard it here first.
I love rahm. Such a benevolent and caring leader. Always looking out for the common man. Big backer of his workforce, especially police. And honest as the day is long too!!!
After they raise taxes, that way casino money got right in their pockets
Why no casino, the Indiana ones got to him, money talks. Maybe the "G" is in on the secret dealings with Horseshoe, etc.
Casinos are not the answer... Even Vegas knows that the casino business has its problems.... Let's asks Vegas how they solve their pension deal, I bet it's answer is not casinos... Especially given how this state pays out its lottery with IOUs... Give me a break, u win the lottery in a Chicago casino, get paid out years later
The casino was never meant to fund our pensions.
All that $$$$$$ from gambling and all the vices and hospitality that goes with it has to go the right people and it ain't us by a longshot.
Maybe the word came down that Trump is persona non grata?
Trump gets no Casino because he is not behaving.
Pointing out the open border and rampant illegal immigrant gang banger activity is pissing off a lot of the Republican-Democrat establishment. Rahm may have been told the casino is out until they put Trump back in his place.
You can't base funding on Casinos. There's just too many in the area. (I'd say, how about cat houses?)
I'm not sure I even understand why there's no talk of it anymore. Obviously it's a band-aid on a sucking chest wound but it's something easy and quick to address problems in the short term. Rauner's on-board, State House and Senate can muster enough votes, what's the hold-up?
Any new money from any casinos won't be used to pay bills. That money is to be used for new clout projects. Everybody quit acting stupid.
A Chicago casino would make the "skim" in Las Vegas look like child's play. It would be the only casino in the world to never make a profit to pay the pension funds.
Maybe that's it...Rahm doesn't want the casino because Trump will benefit. Sour grapes?
Rahm has a plan. When he is ready and when he thinks we are worthy, he will let us know.
He got his massive tax raise. So if the casino comes thru, its just extra money on the table to be given away to his cronies.
Don't forget, if we would have had a city owned and properly run casino when it was first thought of, and the money going into the pension funds, THERE WOULD BE NO REASON FOR THIS TAX RAISE. Have you noticed, this has not been brought up in the press?
By the way, how many people in Springfield got cash from the downstate and out of state casinos to block Chicagos bid?
C'mon SCC you know that casino talk was just Rahm pandering at election time. I would say Rahm had his fingers and toes crossed when he was promising the casino but you know he didn't.
That evil, slippery prick has no qualms at all about flat out lying.... he's done it countless times.
I remember coppers changing their vote from Chuy to Rahm over this casino proposal. Suckers!
Casino profits are not for Polie & Fire but for The Insiders from the land leases, construction companies, executive boards and The Daley-Emaunels. Rahm will leave to blame police & fire pensions and save the revenues of casinos for his pals.
Rauner will not give Chicago a casino, do you realize how much corruption will be in pl;ace then, Just Think, United Services will get the maintainance contract, that is ex police officer, turned wanna be gangsters company, Rahm loves him. Next will be monterrey Security, Juan Quetan, another well connected Hispanic ex cop who will get the security . Rahm is his friend. everyone will benefit but the Police and Fire Pensions. Fuck this mayor,
A Gentlemen's agreement with that guy. Fuck me. That guy cannot be trusted to do anything he says but screw everyone. That I would bet on...
I would prefer legalized, heavily taxed prostitution boats.
No i believe rham was just being his sneaky conniving self. This is what happens when you vote for a snaky corrupt politician who came from an administration that was even worse.
Said it before, the casino profits will never go to anyone but the politically connected. Never.
I would prefer legalized, heavily taxed prostitution boats.
Declare it international waters.
What happened to the casino???
9/24/2015 07:48:00 PM
It's on the closet shelf, with the fuzzy sweater, waiting to be trotted out to dupe the voters in commercials during the next election cycle.
9/24/2015 11:03:00 PM
I don't care if the city raises my taxes and uses the money wisely, however when they spend it for people to walk their kids to school or on housing for people who refuse to work then what's the point. We will never have enough for the lazy or the purposely ignorant. Let's just move them to solid areas so that maybe the working class can work harder and teach their kids how to wear pants.
$3.8 Billion is reported to be the money negotiated by King Dick when he sold off the Skyway,Parking meters,Underground parking and the failed attempt to sell Midway airport and that does not include the Red Light & $peed camera'$. And lets not forget the $400 million underground train terminal (block37) that the potato head gave to his favorite construction friends that reportedly will never be used.
You never hear any bitching about taxes when these Pols get to spend the money as they see fit, dolling it out to their special interest groups.
The "Casino" that will never be has cost the city countless millions of lost revenue just look at what Indiana takes in as they get Chicagoan's on tour buses or Joliet and Elgin that have done the same. Pathetic politicans couldn't figure out how swindle enough for them and co whores, they act just like what this Country fought to free itself from. 50 alder-creatures for a city when it takes only 104 Senators to decide for a Nation what is needed, not they aren't of the same ilk.
We will have a casino when all of the right people are in place,
Build the Casino in Chicago!!!.
Property taxes doubled? Lift the residency ban...it is unconstitutional.
They will double property taxes and THEN roll out the casino and squander all those profits.
If illegal imigration is stopped who's going to work at the casinos ?
The "girlie men" are so scared of Trump because he represents the essence of a real man,stands up doesn't back down, rahms come on he could not even get Daleys friends park grilled to pay back taxes, guess rahms buddy Obama is not helping the 9 fingers guy anymore another star fallen rahm resign please!
He talks of laying off Police and Fire, but not Streets and San or the Water dept.? How many are employed by these two departments?
Trump will make more money than the city. One reason why Rham was pissed about the TRUMP name going up on his building
Legalize prostitution
He talks so much about shit just like a proctologist!
No Casino unless Bobby DeNiro is the Food and Beverage manager, and Joe Pesci is in charge of the skim er I mean security. Toothpick and all. "I'm over here now. With dem."
But Dean Sr. Phd said we should go along with the pension reform language because a casino would be voted shortly thereafter.
But, he said..........
Stop voting for someone on disability who was voted out of office in a previous regime.
When Trump becomes Prez he will just force Chicago to allow a casino to be opened in his tower or withhold federal $$$ from the City. Then none of the "connected" get the skim, Trump makes all the money. Better him than our corrupt assholes here. Oh, and Trump is going to force the City to raise residency too for being an unconstitutional requirement, or else no $$$ from the Fed. Just to piss off Rahm. You watch, friends. There's a lot riding on this election, the Establishment loses if Trump wins because he becomes the Establishment instead of a maverick. Oh and as a final kiss Trump unleashes the Feds here in Chicago onto this incredibly corrupt Machine. I'm sure if a lot of facts concerning waste of City funds because of the so-called "corruption tax" gets to his attention, he won't sit still for that. He has a stake in this city, after all. And let's not forget the whole Sanctuary city nonsense that was foisted onto us without ever asking what the electorate thought about it. Gone.
the casino thing is done, casino just outside of Joliet (Hollywood) is closed three days a week. The city missed the boat by about ten years
The casino will be built, the old McCormick place being heavily wired now, it will be here but "no pension money for you" watch the slight of hand the "man behind the curtain" high taxes and less police more in electeds pockets!
Sb 77 gives us the casino with the proceeds going to police and fire pensions,read the Bill. Rainer is hold up the Bill to get concessions on the budget. He told us he s
Will sign it, it has already passed both the house and Senate.
The reason that the latest casino plans have the city owning and operating it is because it is probably no longer financially viable. so the city will spend money it does not have to pay connected contractors to build it, and then more money it does not have to pay connected companies to operate it, and in the end the city will loose money on the deal.
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