Wait....Another Rahm Lie?
- Mayor Rahm Emanuel's administration signed off on an elaborate financial shell game that obscured payment of $55 million for renovations at Navy Pier with tax dollars reserved to fight urban blight, records show. The bookkeeping jiujitsu appears to violate the spirit, if not the letter, of the controversial tax-increment financing program, which critics say has been widely abused and not used for its intended purpose of spurring development in or near economically disadvantaged neighborhoods.
A joint investigation by the Better Government Association and Crain's Chicago Business finds that the administration began filtering the money in 2014 through a hotel project at McCormick Place, capitalizing on its Near South Side location as a rationale for tapping funds reserved for struggling communities.
Emails and internal documents obtained through the Freedom of Information Act show that officials at the city as well as the governing body of the lakefront convention complex knew the planned 1,205-room Marriott didn't need the financing. But they also knew that Navy Pier, 3 miles away and a vast distance from any urban blight, did.
We don't understand all the specifics, but none of it seems remotely proper...and very well may be illegal. Some of the experts quoted are appalled at the flagrant abuses. Go read it all.
Labels: money questions, scandals
posted by SCC at 12:03 AM
42 Comments:
I love Emanuels reply to this. These dirty bastards really do believe they are above the law. I hope there is a bus waiting to bring Emanuel, Proco Joe and Maldonado to jail all at the same time.
Ehhh at least plowing that money to Navy Pier will generate some ROI, rather than mowing the lawns of vacant crack houses in the hood.
As usual, nothing will happen.
TID monies, the best kept secret of Daley, Rahm and aldercreatures. To hell with other monetary obligations.
Just take your ethics test and if you take a free cup of coffee, you're a thief.
THEFT AGAIN FROM A MAYOR , Switching money over again to the things HE ONLY WANTS , the peoples money no one Else's , Thats why this PIECE OF SHIT HAS TO GO and be put in PRISON , The people have to start demanding these Criminals be put in Prison once in for all , Thats including Daley , and his Clout Crime Family also , After they asked Rahm about it on TV , the Sissy Ballerina ran off right away after one question.
Mayor Rahm is a acknowledged financial expert and money wizard. Anything he does involving money is sure to be on the up and up.
They call it "filtering" money... I call it what it is, laundering.
That's so the Marriott guests can go the the Navy Pier.
It will be billed as a local attraction. Besides the official
name, people will always refer to it as the Navy Pier
Marriott.
It doesn't matter how illegal it was, nothing will be done about it.
widely abused and not used for its intended purpose...
like the way the city was required to contribute to it's pensions??? How the F&@k daley isn't in prison has got to be the million dollar question.
The FEDS are no match for the twerp murder mayor and his administration, they cower at the notion of a city hall/outfit investigation...
Have any e-mails been located lobbying Rahm to promote someone meritoriously on the CPD?
Wonder if Ferguson will every fond those emails
Marriott must be going broke.
Does this mean that Navy Pier is not the successful venue it is touted as being? Is it possible that the impact of the Chicago Killing Fields is finally impacting tourism? We will never see the true figures on tourism, but it is difficult to believe that with all the international attention Chicago violence is receiving; it has to be influencing the public's final decision on vacation plans.
illegal??
you mean there is a possibility the feds can come in and charge the weasel?
I laughed at Ald Beals on tv sayin how he'd like to put his hands in the pot of gold
Dats OK Jack, got to take care of the billionaire Pritzker running for office, he needs the money like he needs another fifty pounds around his neck...
Yeah, Yeah, everyone is appalled- but nothing will be done. Chicago is the laughing stock of the United States - no one gives a f*ck what happens here.
I hope that bus is heading to a Federal Prison
with Emanuel, Proco Joe and Maldonado inside
with their Louis Vuitton luggage. I wanna see the
look on their faces when they are welcomed by
Ray "Skycap" Lopez in plain clothes with a badge
on a chain flanked by two FBI agents. That would be
a takedown for the ages. (the Aldercreatures are rated
as non-infiltratable 'cause the background check goes
back to when you were a kid breaking windows).
Nothing will happen
Bernie Madoff is in prison for defrauding his clients, why isn't the mayor and 48 aldermen ( a pass to Sposato and Napalitano) sitting next to Bernie? ♠️
Maybe we should bring this up to the new US Attorney for Chicago. Wait, Tammy and Dick are blocking his appointment. They know the Democrats do not want real law and order.
Can our pension be declared a struggling community? Only the Feds can look into the games played here.... everyone here is in a deep hipnotic democratic trance😲
Everybody is wrong! Rham is helping the economically disadvantaged neighborhoods by bring in robbery victims (tourists). It's like a jobs program for the disadvantaged.
Rahm lies like a rug.
When will the Sheeple wake up?
If Rahm would release TIF money he could just about completely shore up all the pension funds.
That's far from a priority for asshole Rahm though.
Well c'mon now, they can hardly go stealing money from the pension any more since they have crippled that to a serious degree so they have to steal the money from somewhere else to appease the connected contractors and investors.
And all these crooked cocksuckers wonder why Rauner can't wait to veto Chicago's school budget proposal.
PS - fuck you, rahm!
Meanwhile, these twisted fucks shirked their
responsibility to retirees...
Throwing Our money away to connected contractors that don't need the money but we all know he will get a big pay off in cash that Chicago way! This mayor like all the rest of the elected here are extremely corrupt every last one of them they should all be put in prison but now with President Trump going after his own Attorney General Jeff sessions it's all off the board we are definitely the forgotten man and women in the most corrupt state in the country The most corrupt county in the entire world the most corrupt city in the entire nation and I will never stop we also have the most illegal invaders that are all getting money as the mayor abruptly viciously took away the healthcare of our hard-working Chicago police department retirees he even had his email exposed being congratulated On ruining the health of our retired Chicago police veteran officers!
The best way to handle this and to keep your house your family your career your freedom is to stay off the radar stay away from the 24 hour a day seven days a week dishonest Chicago media if you want to keep everything stay fetal if you want to lose your family your home your career and go directly to prison keep on going after they get all animals keep listening to our pathetic management structure majority of the bosses on the Chicago Police Department could not even get a job working at a fast food restaurant they are that incompetent!
Goodbye, Shithead, Goodbye
(With apologies to the Spaniels)
For Rahm, here's a slow, 50's style a cappella offering that will showcase the sensitive side of SCC . . .
and-a-1 . . .
2 . . .
3 . . .
🎵Goodbye shithead, you just have to go
Goodbye shithead, make like the wind and blow
The DOJ will soon be at your door
Goodbye, shithead, goodbye
Goodbye shithead, you just have to go
Don't care where, don't really want to know
Housecleaning starts up on the 5th floor
Goodbye, shithead, goodbye
It seems like you can't do anything right
In six years you have trashed this great town
The give away goodies to try to lift people up
Are going to drag all the rest of us down
Bass: De-de-do-de-de-do-de-de-do-de-daaaah
Goodbye shithead, you just have to go
Bass: De-de-do-de-daaaah
Goodbye shithead, thought you should know
Bass: Ba-dum, ba-dum-ba-daaah
Your next term will be the sickest joke
Goodbye, shithead, goodbye
You said the city should learn how to bleed
And wondered what could ever go wrong
Trump's election should've gave you a clue
The voice of the people was loud and strong
Bass: De-de-do-de-de-do-de-de-do-de-daaaah
Goodbye shithead, you just have to go
Bass: De-de-do-de-daaaah
Your time in court will be a must-see show
Bass: Ba-dum, ba-dum-ba-daaah
In the prison shower, don't pick up the soap
Goodbye, shithead, goodbye
You have to wonder, $55 million in tax dollars going to renovations of an entity that takes in revenue.
Shouldn't a revenue producing enterprise be financing its own revocations with the money it takes in?
They even get federal monies for the infrasturure.
The whole TIF process is a complete f*cking sham.
The rich keep getting richer, hidden portfolios growing and yet Rahm, like Daley says we are broke.
To Rahm and his Council, upkeep of a Ferris wheel should take precedence over retiree pensions.
What a field day a legitamate IRS/DOJ would have auditing the "renovators" and the City.
Sounds like fraud. Cant the police investigate?
Current aldercreature and wanna-be governor says "The war on drugs was a war on black people!" and wants to further legalize drug crimes and release more criminals on the streets by commuting sentences disregarding public safety and undermining the justice system.
http://peoriapublicradio.org/post/democratic-gubernatorial-candidate-vows-commute-prison-sentences-low-level-drug-offenders#stream/0
When has rahmmy ever told the truth?
I'd much rather it go to navy pier than places like Garfield Park. At navy pier won't be completely destroyed in two years.
Then you have President Trump tonight in Ohio another rally but he will never even fly over the sewerage plant that is Illinois political establishment.but again he says he is going after sanctuary cities like Chicago soon, the city where this corrupt mayor takes away Chicago police retirees health care and giving billions to illegals while violating federal laws!
tiny dancer lied ?
Rahm in jail i like the sound of that.
Billions stolen by TIF. Why are we broke? reread the first sentence.
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