That Money Would Come in Handy
So companies are canceling conventions because of the corona virus scare, and Chicago is feeling the bite after two big cancellations:
- Software giant Oracle today announced it will shift an upcoming conference scheduled at McCormick Place to an online-only format amid coronavirus concerns, becoming the second event this week to cancel its trip to the Near South Side convention because of the outbreak.
[...]
The move comes two days after the Rosemont-based International Housewares Association axed its Inspired Home Show scheduled for March 14-17 at McCormick Place, citing the coronavirus outbreak.
With an estimated attendance of 5,500 people, the Oracle event is much smaller than the 56,000 people who were expected at the IHA trade show. It's unclear how many hotel room nights had been booked in connection with the Oracle conference.
Two shows, 61,500 attendees. Anyone want to do the math for taxes and fees for:
- hotel / BnB stays
- lunches / dinners
- theater shows
- bar tabs
- taxi / Uber / Lyft
It's a sizable chunk of change.
Now how about this revelation (that anyone with a brain predicted a while back):
Now how about this revelation (that anyone with a brain predicted a while back):
- Days before taking office, Mayor Lori Lightfoot declared water a “basic human right” and ended water shut-offs that had cut off a “lifeline” to low-income families struggling to pay skyrocketing water bills.
Chicago appears to be paying a heavy price for that kinder, gentler approach. And it could have long-term ramifications for the largest of four city employee pension funds.
Since Lightfoot ended the ultimate weapon against water scofflaws, monthly water bill collections dropped by $20 million — from $74.7 million in October to $54.6 million in November and $55.5 million in December. January collections were $61.8 million.
An even bigger red flag is February. Through Feb. 17, water bill collections were $13.8 million, according to records released to the Chicago Sun-Times in response to a Freedom of Information request.
Something like $20 million shortfalls every single month. That's going to add up really quick. Factor in a few more conventions bailing out and Groot has a very very large problem that even Rahm's Magical Money Tree isn't going to solve. She is further jeopardizing the four largest pension funds for nonsense pandering.
Perhaps the Unions could sue to get all the TIF money?
Perhaps the Unions could sue to get all the TIF money?
Labels: dumb ideas, pension
posted by SCC at 12:05 AM
80 Comments:
What ever can go wrong is, this is starting off as one hell of a year!
Catazara is going to solve this too. Every day we are going to watch him rip her a new one.
Glorious.
Better cancel the Lincoln Yards tax deal. Just tell them they will have to pay there just taxes and no TIf money.
Groot can just tell them “TIF titties”.
Remember “We all got to learn to bleed a little”
Don't know if I should post this here or at the transit protest post.
https://youtu.be/aIzmXHharOw
Yeah! Mayor Bee Mayor Bee!!! Free honey for everyone!!!
Sorry folks but the pensions are insolvent - there is NO WAY that 100% of benefits will ever be paid out.
From your last paragraph...."She is further jeopardizing the four largest pension funds for nonsense pandering."
That is EXACTLY the plan and has been since that scumbag Daley. They are intentionally trying to bankrupt the pension funds. You think these criminal politicians and their "friends and family" and their "pay for play-kickback" businesses don't want 2-3 Billion dollars per year to skim and steal that go into the pension funds?
Keep voting in these Dummycrats people and then continue to bitch at the dumb crap they do.
Water use prob went up since its now free
Weed sales will save dem pensions— oh wait, lawsuits from 30 years ago with guys getting convictions overturn will tear into the weed money
The little nasty bug eyed shrew has stepped on another land mine. Another colossal fuck up, time to put the white pants suit on again. Perrywinkles blew herself up with her pop tax fiasco but the little one is fast approaching being placed on the do not hire list.
The DemocRATic anthem:
Attract votes by giving away the rewards of others' hard work.
More and more are then attracted to the democratic mantra of: everything free for all
When the workers die off, no one will be left to actually earn money anymore
No more rich to pay for the democrats who wanted if all for free
Sorry
If it's a basic human right, why do we have to pay for ours or face discipline from the department? Depriving us of our human rights for monetary reasons? That doesn't seem fair. I guess she doesn't consider us human.
So I don't have to pay my water bill anymore?
All Democrats have flunked Econ 101 so this is no surprise.
Now, kees me you fool!!!!
"Free" water, public transportation, healthcare, housing. Wonder who pays for all this "free" stuff (rhetorical question)
Conventions cancelling, yet at the end of the yesr we’ll still be fed that ‘tourism rates to this safe downtown city are through the roof! Record number of visitors flooded to our city to soak in its culture, food, shopping, safety and diversity...’
Wide eyed Lori and her
"Pigeon vision."
The math of just these two canceled conventions is somewhere between 70-100 MILLION in lost revenue spent in the city. unfortunately this is just the first two canceling more to come. As for the water now that they have said they will not turn it off why would anyone pay at all. Surprised the collected what they did. Might want to rethink that policy. LOL at Democratic stupidity. The casino money will cover it, oh wait there is no casino in city is there. Well maybe another tax increase is in orderto cover the water money loss.
I am an old man, so old one of my kids has already retired from law enforcement. But my daughter still carries a badge and gun. I know more than others the strain this has put on her and her family.It has also clued me in on the insanity of those politicians who run things.While I will never know what the average cop faces every day my kids have given me a little idea.My point is that when this new deadly virus Hits our town you will be on the front lines.Please , even in your cynical, but accurate view of things do not make light of this danger.
Water bills go uncollected. Introduce the Cloward-Piven Strategy. Overwhelm state and local system with welfare and assorted entitlements so the system breaks down and is unable to function causing a predictable crisis. Then blame capitalism, the rich, big business and use time tested tactics of introduce supremacy themes pitting citizens against each other in a divide and conquer strategy. Then national leaders can re-write the U.S. Constitution to their own liking and provide "compassionate" relief and common sense solutions in the form of a universal income and other emergency type relief programs.
Well, when you get free shit and don't have to pay for your bills, why not use more of it.
Lets see, free housing, Free Link, Free phones, don't have to pay for your city bills, free CTA rides, been excused from paying past due parking tickets, etc etc...where do I sign up??
With lake water levels what they are, they shouldn't be charging for water at all. They should be asking everyone city and suburban, to open the taps and water their lawns at will this summer. That would be much cheaper than reinforcing the entire lakefront.
So you tell people you don’t have to pay for something we won’t go after you what did this moron expect? Water is a basic human right, so his food so is electricity so is natural gas so is your cell phone maybe everything free right mayor everything free why should anybody pay for anything you’re just like Bernie who’s going to lose massively. Again and again Democrats ruined everything against law-enforcement against people that actually work for a living and do pay their bills.
My comment on the money woes is this:
Groot is living out her 'bucket list' so to speak. When she took office, she saw what a mess the shortfall is per the finances.
Groot had/has zero ideas on how to fix this budget matter so she does not even try. Instead, she does the opposite. She will give freebies/cancel fines and such and pander to a certain demographic, the same one Kim Foxx panders to, in hopes that such shilling will secure her (Groot) some power. Power if only in the short term and if only for some good liberal press. Reelection would be nice but it also does not matter since Groot's election, by who she is identity politics wise, is enough to get her name in the history books.
Groot, and parts of the city, are doomed as far as money issues are situated. As such, might as well get to the bucket list and get some liberal give away shit accomplished.
Obama did this on a national scale. Fix nothing, spend more (to make matters worse) but always pander with the huge spending sprees since it goes mostly to the Democrats' pals and to the "oppressed" segments of socitey.
In the end, have the history professors put a liberal spin on how all this "helping" with spending and so called debt forgiveness aided the poor and was for social justice and blah blah blah. Groot is pulling the same Obama move.
No matter what happens Lori will continue to look smart in her stylish Smoky Joe’s sport coats. ♠️
The pension system is already bankrupt. Accept that fact and plan for your retirement accordingly. Those who are less than 15 years in the systems are not going to get very much.
President Trump will get re-elected and in the next four years he won't do shit to help Democratic strong holds such as Illinois, California, New York, New Jersey, etc. with Federal Matching Funds.
This sanctuary city BS is going to bite her in the ass. Trump has a long memory and payback is on its way.
Water isn’t free for coppers. Dumbass in my district found out the hard way.
Its only a human right for "some" people. The same "some" people who have $$$ for weed, cigs, new jordans, booze and other assorted drugs.
According to Water Dept mouse,,, Water revenue loss for 2020 budget ending this October..on track over $$40 million ... Who gonna pay more taxes to cover loss for groot's free money ??
Crimesha foxx,? prickwnkle ? clown mayor lori lightweight?
here is a thought, maybe just maybe these conventions concealed because of the out of control crime in the business areas, Michigan Ave, and the Near Northside. I have a friend who is the head of Security in one of the biggest, most expensive hotels on the near northside. He stated he was at a meeting where the cooperate managers came into Chicago and express a "Deep Concern over the ramped crime in the city. This executive stated that a large major trade show was going to conceal due to the crime situation here in Chicago. Just a thought
My sister just got a notice of a violation by the city with a hearing next week at kangaroo court, a.k.a. 400 W. Superior.
Nothing on the notice said water bill, just an amount owed, which included 500 for the law firm that was doing the collecting.
She immediately thought her kid was getting parking tickets at school, which he denied.
She called me for advice, I immediately suggested water bill, told her to call the lawyer.
Found out it was water, she never got one notice and she was paying 80 bucks month.
Not one letter, bill or notice.
This is how the city treats homeowners, SUE FIRST.
I gotta get stock in Uhaul.
Obviously, stop paying your water bill immediately. Stop paying anything to the City of Chicago. Shitheads don't pay then I'm not going to pay. Piss on them. And remember, buy as much as you can (gas, groceries, beer) outside of Cook County. Piss on them double.
You mean to say the Free Shit Army is alive and well in Chiraq?
Maybe the lil mayor better have her minions out there seeing who actually OWNS all these
places that are not paying for their water. Lots of houses/ apt buildings in poorer neighborhoods
are NOT OWNED by the poor......there are realtors, management companies, slum lords all
involved in this free-for-all. Maybe even a Revrun or two.
Hard to believe that $20+million a MONTH is just poor folk not paying....time for some serious
oversight of her plan, and get that money flowing back in to the coffers.
One Big ShitHole!
Is this virus over blowing or is there really something they’re not telling us you see headlines like this makes you think how does police officers we really got a watch out for ourselves we deal with the public every day we deal with a lot of scum also!
Washington county recommends all 2.2M residents to work from home, tells over 60's to stay indoors
By Stephen Sorace | Fox News
https://www.foxnews.com/us/washington-king-county-coronavirus-residents-work-from-home
2 million people think about that that’s a hell of a lot of people and a lot of empty streets opinions?
No worries mate she will male it up in higher fees and taxes. She needed an excuse this and the convention situation will be her justification. As Rahm said never let a crisis go to waste. Perfect storm coming your way, are you prepared?
Looks like all the lawns will be looking better this year since no longer costs to water them. Oh wait what zip code are you in, sorry no free water for you only in the ghetto zips is the water now free. But but why? My suggestion is everyone stop paying the water bills. EVERYONE! Yes that means you Spanky.
I am not quite sure what is being advocated here, but I am sure the newspapers would love to publish stories of single moms with infants who can't flush their toilets because the city shut off their water.
Unless you are willing to condemn the property for not having water service and evict the occupants, I don't know what you can do.
How about a water bill boycott. Try it for the next few months and see what the reaction will be. This could be a popcorn type event. Hit them in the only place you can hurt them in their pocketbook. What have you got to lose.
Detroit did something similar before going into bankruptcy. They eventually had to resume water shutoffs because it became clear that more and more people were not paying
Loonie LightLoafer will say it’s hurting every aspect of all downtown business and tourism revenues.
Don’t blame violent crime by protected packs of CTA riding violent feral predators.
There’s also the fact citizens and tourists have a better chance of survival if they stay off the streets around MacCormack’s Place and Chinatown. The flu makes you sick for a week, but the Ccok Co restorative justice contagion is deadly.
I bet trade shows were looking for a reason to bail out of the corrupt overpriced feral infested Chicago venue.
Bigger crowds at Hawks and Bulls games and they’re still open and filling the house. Airports packed, schools are open, Democrats still holding campaign rallies. Even elders Bernie & Biden are coming to town.
LightLoafer now has good reason to tack on some more taxation and fees from the reliable people who actually pay their debts.
I think they’re just going to continue to politicize this corona virus nonsense probably all they way through to November.
There will be a Sickness Preparedness Fee imposed on everything and anything where people frequent, like the airports did with fuel fee, 9/11 security fee, etc. Remember Toenail Prickwrinkle added a tax on guns/ammunition to pay for hospital bills for the feral shooting one another. Yeah, pay the bills. Ha.
Whatever fee LightLoafer imposes will be an ongoing fee too.
Corona virus is going to be a cash cow, economic engine, short term revenue hustle for many city county connected vendors, suppliers for bs precautionary supplies.
Guess who is cleaning up with his price gouging medical supply company with (Made in China) face masks, gloves, ointments and snake oils?
Hint - he ran and lost for mayor many times and once owned the first and only MacDonalds to ever be shut down and demolished.
OT did anyone happen to see the new crimesha campaign commercial, where it states that Conway's family made money by funding the makers of flash bombs like the ones used on the protesters in Ferguson. So crimesha is basically saying those protesters should've been left alone to riot, destroy, and loot. This idot needs to be stopped, please vote for Conway. While I'm at it a big F Y to that pos Holt.
I regretted buying in the burbs, missed the neighborhood, family, friends, parishes. Now I feel that I dodged a bullet. I just wish the family, friends, etc weren't still under the lash to stay in the city. I have to keep telling myself it would be financially reckless for me to move back.
hahaha.... oye... my this will be interesting.
It's only a basic human right for the protected classes. Those folks that are still paying in these neighborhoods will see there is no retribution if they stop and use that money for other things. So of course more will stop paying. Hey, Her Highness, Lil' Larry, said it be free, yo. Pandering is all these dems do.
Is it just me, or do Mayor Lightfoot and Charlie Chaplin share the same tailor?
Lake Michigan level is about to surpass an all time record. Free drinks (of water) for everyone!
Remember.... when the “freebee “ wagon is overflowing...nobody is pulling it! Political pandering and financial resolutions live in different universes. They will blow up the pensions inside of 5 years. They will say “ the public demanded it”! Lots of people hate that we get a pension and they don’t...
I'll probably plan a Chicago visit, now that these major conventions have been canceled.
Hotels quadruple their room rates whenever the big conventions come to town. A $100 nightly rate becomes $400-plus. So I can now visit and not get gouged on the hotel.
As far as I'm concerned,a virus has been running loose in Cook county for years.....the Dummycrat virus. I used to visit Chicago regularly but no more. No interest in aiding and abetting the criminal pols by paying taxes on the air I breathe. No interest in needing to keep my head on a swivel for street criminals running loose. Chicago and Cook aren't just swirling the sewer, they ARE the sewer and still going down. I can't imagine where or when things will eventually bottom out. All I know is that I don't want to be anywhere close when they do.
And they better stop raising the water rates for those of us who do pay on time. I don’t mind paying my share but not everyone else’s share. And I’m tired of her giving everything away for free. She wants to end proverty and will put Chicago into bankruptcy doing it. One term mayor.
They canceling bec Chicago is a dirty, rotten, filty, thieving, Democrat-ran shit hole. Nobody sane wants to be here. You have to be extra extra stupid to live in Chicago, if you don't have to.
Serious question. So if I don’t pay my water bill will I be disciplined by the department?
Lets have all those slime ball Politicans, that have ripped off the TaxPayers and pocketed the money dig deep and bail out ShitCago! Dont think its going to happen!
When stuff is free, people don't pay for it. Who knew?
Not to worry, Bernie is going to hold a rally in Grant Park. There will be plenty of germs to be spread.
This headline thanks again Lori:
Trump moves forward with cutting off funds to sanctuary cities: 'Do not protect criminals!'
From millions lost on water to millions for breaking federal laws your a total lawless disaster!!
This is why we needed Rahm to stay. Sure he panders but the only thing he cares about is money, he's a capitalist. The tower cranes downtown are dwindling. The big projects being announced have been 0 under Lightfoot. She has no clue how to attract business or manage money. This is going to be a disaster if epic proportions. And now Trump is taking the sanctuary city money away. Lightfoot is going to be on her political deathbed if she doesn't stop the bleeding.
You’re odds are better getting shot or carjacked in Chicago than getting Coronavirus.
A "right" is a "freedom." You're free to pursue water, but your "rights" should never come out of my pocket at gunpoint. Frog Eyes is parroting Commie Bernie's talking points.
she , Groot ,takes care of the democratic voting base of dead beats , law breakers
You can't give people enough free shit. The more you entitle to free shit, the more they demand of more free shit.
Being Democrat means maintaining a delicate balance between free shit and no accountability for your actions.
Not much more free shit to give away unless they steal our pensions to give away, so it looks like it's no accountability for all.
Wait, they're already there.... now what?
Back to more free shit, but now we have to take it away from those who earned it.
That's ok, who cares? The freeloaders outnumber the earners now so there's no stopping us!
Wheeee!
Anonymous said...
Better cancel the Lincoln Yards tax deal. Just tell them they will have to pay there just taxes and no TIf money.
Groot can just tell them “TIF titties”.
3/05/2020 12:17:00 AM
They can't do that, they have a contract. Just like they paid pensions on time and got rid of CRs . They would never renege on a contract. The city is upright and loyal.
Anonymous said...
Better cancel the Lincoln Yards tax deal. Just tell them they will have to pay there just taxes and no TIf money.
Groot can just tell them “TIF titties”.
3/05/2020 12:17:00 AM
Weren't TIFFs shut down by a constitutional amendment?
No, not here. In California they were, but not in Illinois.
But isn't California a democratic run shithole devoid of a sustainable financial structure?
Yes it is, glad you asked.
What are they doing there to try and fix it?
Well, they're democrats, so they're doing what democrats do, trying to jack anyone who has an income even harder than they were before.
Democrats want/need you to be poor in order to have a voting base. Greed overcomes, even poor folks are greedy it's just their greed seems legitimate because people who earn a living aren't.
See how that works?
"Those cops hate the city but they love those cush
$100K pensions and sweet early retirement at 50..."
Nasty-assed liberal progressive shit-talk
that's all over every-damned-thing.
Nary a mention of Groot's political/financial
pandering to the Free Shit Army...
At least "those angry, hate-crazed, RACIST cops"
did honor their side of the agreement and manned
their post long enough to earn that pension that
on average is NOWHERE NEAR the "cush $100K" amount
that community members, sjws and media assholes
seem to have stuck in their minds.
"Police Pensions are unsustainable."
"Free Shit" is politically and socially palatable
and viable and will be sustained for as long as
big-city elected officialdom feel the need to have
a catered-to constituency as a de facto army to
prevent the very much put-upon taxpayers from ever
being able to re-take the levers of power and the
keys to the treasury.
Nullified at the ballot box via bio-weapon grade
reproductive prowess, craven politics and legislative
malpractice and incompetence.
...But of course you're a hateful, selfish RACIST for seeing
the bad hand-writing on the wall and opting to flee(if you can)
with your hard won treasure and settling in a place with others
of common sense and similar sentiment.
Wasn't there some liberal progressive tongue-waggery
about financially "punishing" retired coppers just for
leaving Chicago/Illinois in order to keep an extra
half to two/thirds of their money in their pockets?
"You guys have no loyalty to US!
How DARE YOU take 'TAXPAYER' money and run away!"
...Is what they're really saying.
So why would anyone pay their water bill now. Just like the Crook County system there are no penalties for not paying. So don't be a chump stop writing them those checks. If they cut off your water sue them for income discrimination.
if a resident gets a water bill.....why pay it?.....just throw it away
Don't forget all of the labor needed to set up the Housewares show - truck drivers, electricians, carpenters, etc. Plus the all of the equipment rented for the show, fork lifts, boom lifts, etc. The cancellation is a major hit to the Chicago Trade Show business.
Spot on accurate comment about Cloward-Piven on 3/05/2020 06:21:00 AM.
This is the end game. It is happening before your very eyes.
The dope tax is brining in more money than expected.
Look it up.
I guess Mayor Lightfoot is no fan of Milton Friedman. Replace the word electricity with water and the result is the same.
He argued that a utility company that does not cut off electricity to non-paying customers would perish as there is no reason for customers to pay their bills. In Friedman's view, disconnecting non-paying customers has to be regarded as a universal maxim, regardless of the specific outcomes.
Anonymous said...
You’re odds are better getting shot or carjacked in Chicago than getting Coronavirus.
3/05/2020 01:36:00 PM
latest patient at Rush
My water bill is in may wife’s name. We’re not paying it.
Free water free food free shelter free health care free phone.
Free free free, come and get it.
Keep voting dem and get it all free free free!
Terry Hillard didn't pay his water bills.
the Ace Hardware Show just cancelled today at McCormick PL
She dose not need their money since she has yours. LOL here comes a rather sizeable tax and fee increase explained away due to the lost revenue.
Anonymous Anonymous said...
Water bills go uncollected. Introduce the Cloward-Piven Strategy. Overwhelm state and local system with welfare and assorted entitlements so the system breaks down and is unable to function causing a predictable crisis. Then blame capitalism, the rich, big business and use time tested tactics of introduce supremacy themes pitting citizens against each other in a divide and conquer strategy. Then national leaders can re-write the U.S. Constitution to their own liking and provide "compassionate" relief and common sense solutions in the form of a universal income and other emergency type relief programs.
3/05/2020 06:21:00 AM
But when a long train of abuses and usurpations, pursuing invariably the same Object, evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
-- Declaration of Independence,
"That Money Would Come in Handy"
My foot, any tax money gained would have just been thrown in the black-hole of government subsidized thieves and parasites.
Hate to say it, but perhaps Corona will take care of a lot of "problems". Government health care may be free to the lazy but there won't be enough of it to go around in Chicago among that "bucket of crabs".
You'll definitely want to get out far of the "cities" to find health care , for more than one reason.
Post a Comment
<< Home