So Who Pays?
This went from insane to insanely ridiculous:
The price tag for the beleaguered Obama Presidential Center is now projected to top $1 billion, nearly triple its original estimate, the foundation overseeing construction of the Chicago facility told Fox News Digital.
Confirmation of the 10-figure cost marks another chapter in the troubled history of the much-delayed project, which opened five years behind schedule amid controversy over its use of public parkland and claims that subcontractors were stiffed out of millions of dollars. It comes as newly released financial records reviewed by Fox News Digital offer a fresh look at the finances of the Obama Foundation, the former president’s private nonprofit that oversaw construction of the billion-dollar project.
The sprawling campus on the Windy City’s south side was originally expected to open in 2021, with construction costs estimated at $300 million to $350 million. But years of federal reviews, legal challenges and construction delays preceded its eventual opening in June 2026, by which time projected costs had skyrocketed to approximately $850 million.
Hailed by Democrats and supporters as a historic investment in the community and a tribute to the former president’s legacy, the center was promoted as a catalyst for jobs, economic growth and new opportunities for underserved communities.
Remember, this wasn't supposed to cost taxpayers a dime aside from the usual infrastructure improvements (road and sidewalks maintenance, snowplowing and street sweeping, etc).
Now, aside from the mandatory school tourism and DNC sponsored fundraisers, will this thing ever fund its own existence? Or will taxpayers be hit up for shortfalls?
Labels: money questions
posted by SCC at 12:01 AM
75 Comments:
looks like a giant prison built in the middle of criminals
When the novelty wears off and tourists spread the word that it’s a waste to visit, and funding and lawsuits contribute to its demise it will shut down. Envision its future as a giant grain or corn silo for Illinois farmers.
Just a thought on the mandatory school attendance. I doubt if they are getting in for free. Are we the taxpayer paying for their attendance through our property taxes? Is this costing us millions?
Bathhouse Barry here......
Just cough up the money....
I'm the messiah in case you forgot...
On to Man's country...Meeting Rahm there ( he's running as VP )
Our future great grandchildren will be paying for this
Hideously fugly to boot
I blame Rahm Emanuel for this.
Is it to much to "hope" that it burns to the ground and :"change" back into a park? Asking for a friend.
I was going to visit the O'bummer complex yesterday but instead decided to stay home and clean up the dog shit in the yard.
Maybe next week.
Should have just threw Obama's name on that abandoned grain elevator at I-55 and Damen. Whole lot cheaper, looks better, too.
All I can say is that whoever approved of that monstrosity is a godless , commie , cork sucker.
The biggest thing we see at the Library are the new gunshot marks on the building facade after long holiday weekends? During the day the busses unload tons of school kids and seniors out on the day trips. But working in the area you can already see those crowds are dwindling. And the regular street inspectors and displaced persons are showing up for handouts…….
Sorry, but over a Billion for this $hit building is just crazy stupid! And we all know this is going to eventually fall to the city to maintain since the visitors will stop paying and stop coming.
Can anyone say Parking meters or Skyway tolls……
An apt "tribute" to a failed presidency.
All the small businesses in the area are stating they are not getting the foot traffic they were expecting after the library opened up? The parking area is non existent and most of the visitors are brought in by buses. So business sucks.
The Ward office has assigned a special team to clean up the streets and sidewalks in area of the grounds? A special team to clean up the mess made by the visitors? Or the mess of the homeless wandering around the grounds?
Send the bill to Barry Why should the tax payers have to pay for that POS. plus all the money Hamas and china gave him he can afford it........
wow, that ugly building sure has some expensive windows.... oh wait, that's right, they did without things the neighborhood honor roll students could break or shoot out
Know anyone who's been there , Bueller...Bueller...Bueller?
Workers at Barack Obama's presidential center and foundation are organizing after alleging high turnover, stagnant pay, rising health care costs, reduced time off and suspended promotions, putting this anchor democrat memorial in the spotlight for unfair labor practices in violation of the Federal Labor Standards Act (FSLA) Act, EEOC mandates, and Title XI guaranteed protections.
did anyone expect a different outcome?
Once a grifter, always a grifter.
"investment in the community"...
Whenever you see that phrase you're going to get screwed.
Sir Hillary Rodham-Clinton, Barack Obama's confidant and secretary of state, was asked about the Obama center fiasco cost overruns, unpaid labor union construction workers, unpaid minority contractors, unfair labor practices impacting workers of color, excessive absenteeism, direct attempts by center administrators to block union organizing collective bargaining rights and representation for center workers in addition to government subsidized cost overrun bailouts. Like an old hag Halloween scary witch Hillary screeched, " What difference, at this point, does it make?"
Anything Ozero touched during his eight-year reign of idiocy turned to shit. How would this have been different?
The Honorable Valerie Jarrett is Chief Executive Officer and a member of the board of directors of The Obama Foundation where she is overseeing the creation of a new world class cultural and civic institution on Chicago’s south side, and the Foundation’s domestic and international leadership programs that inspire, empower, and connect people to change their world.
Obama Foundation seeks 100 unpaid volunteers for $850 million Chicago center while CEO Valerie Jarrett earned $740,000 in 2024, according to tax filings.
It will eventually turn into the biggest pigeon coop on the South Side.
I thought Clinton was first black president?
It resembles rtu/rdc -newish housing cook co jail
I'm glad the contractors got stiffed. Did you ever notice how slow they moved at work. Serves them right. I bet music was a requirement for work.
The Obama Center will turn out to be a brutalistic monument to underachievement.
It would make a cool Halloween haunted house that they can open once a year.
Obama doesn't live here. He resides at the tranquil Plantation Estate at Paradise Point section 8 free oceanfront property in Ohau Hawaii. His Plantation Estate is worth 8 million dollars and is located in an uber wealthy lily white (very few minorities in this hood-Just Oprah) gated community . He identifies with African Americans but couldn't wait to live on secluded Island with a moat far away from the struggling people he pretends to represent. Obama should move back to Hyde Park with its homeless crisis and take in the sounds of urban gunfire, wailing police sirens, block party drama, drifting complete with street takeovers, and hip hop sounds booming out of urban entrepreneur's hooptie rides coming down the block all hours of the night. And make appearances greeting duped admirers autographing pluggers for his fiscally insolvent center soon to be visited by the repo man upon foreclosure seizure for non payments.
Fools are soon separated from their money.
The Tombstone of Jackson Park.
How does Valerie Jarrett kepp such an outlandish salary as the construction has been a fiasco. cost overruns, poor construction, driving subcontractors into bankruptcy too long a list to post. What other foundation would keep a CEO who has led such an expensive disaster?
Maybe the Clinton's could use some of that Haitian relief fund they pocketed to cover the costs?
I was rereading Nineteen Eighty-Four and saw a picture of that building. It looks like the Ministry of Love in Orwell's dystopia, where the Thought Police do their thing.
The minute the first tree was cut down you knew this was going to be a tax payer funded project. The real shit show will be starting soon.
are they still detailing coppers from all over the city to sit and baby sit this monstrosity ? I got sent out there on a saturday- at roll call in HQ, they didn't give us beat numbers - probably so no one could connect the dots and see they took us from already understaffed districts .
Yes the taxpayers are getting hosed again. School boards will be spending our tax money for the admission and transportation costs to support the Temple of Obama.
Kenya is proud to have punted Barrak Hussein NoBama over to the US, just ask them.
• The Endowment Promise: Under its agreement with the City of Chicago, the Obama Foundation pledged to establish a $470 million endowment safety net to cover long-term upkeep, insurance, utilities, and unforeseen expenses.
• Current Status of the Fund: As of recent reports, the fund has not materialized at that level, holding only a $1 million balance from initial filings.
From WSJ
Not me.
Someone should go around the south and west side communities and ask the folks what this monstrosity has done for them. Record their stories on how it has improved their living conditions, lowered crime, put more food on the table for the kids, etc, etc.
How many scholarships could that $1,000,000,000.00 have funded?
It can be hussein’s new home, his 4th!
Yet they keep selling out at $30 a ticket.
Funny thing is, Trump offered to advise Obama on how to get it completed on time and under budget. Lol
That clown has been doing the tv circuit. Even went on Hannity. He is such a bull shit artist and con man.
if the taxpayers have to fork over one cent for anything involving that abomination, it needs to be imploded, torn down, hauled off, and the park land restored because that's going to be infinitely less expensive.
I'm a government official from the democrat controlled State of Illinois and I can offer a common sense real world solution. Introduce then impose an additional 10.50 % Urban Economic Renewal Empowerment Zone duty to all ticket sales, concessions and parking fees at the center to generate additional monies for day to day operations and pony up to those minority contractors who never got paid. Think about it. It's the same amount as the 10.50 % Chicago sales tax no one sees as excessive or oppressive in which 6.25 % goes to the State of Illinois fraudsters, 1.25% goes to the City of Chicago gangsters, 2.75 % to Cook County socialist democrats and 1.25 % to the Urban Regional Transportation Authorities.
Lets face it, an additional duty, tax, fee, levy or charge at the Obama Foundation, not to be confused with the Clinton Foundation, does not affect the bottom line "affordability" for visitors. It's for a noble, just cause you know. Actually visitors can be gleeful in monetary Hope by surrendering remaining pocket Change contributing additional fair share money $$$ to keep their monument operating in the black on one of the few books located at the center. And to go to a salary paycheck increase for the Honorable Valerie Jarrett D.S.A. who got paid a paltry $740k as CEO of the Obama Inc. LLC. tax free foundation.
Investment in the community organizer.
Ballroom,arch,reflecting pool- outygoing. Incoming-selling everything from gold sneakers to gold phones & contracts to companies he bought stock in.
certainly more important
Income inequality at Obama Foundation, as brass thrives and rank and file seeks union…
https://www.foxnews.com/politics/income-inequality-obama-foundation-brass-thrives-rank-file-seeks-union
It has been reported previously that shit heads are using the building for target practice
He was in power 12 years. He pulled Biden’s strings.
Apparently, none of the involved parties attended the Thornton Melon school of economics.
I cam assure anyone mo real leaders are coming out of this place. Just another financial crime in progress. I would say the novelty will wear off soon and nobody will want to pay 35 dollars for this nonsense. The city and park district will take over a lot of functions right about the time her salary gets to 1 million a year
Top Obama Foundation salaries. Valerie Jarrett-771,000. Christina Tchen-431,000. Michael Stroutmanis-404,000. Laura Lucas Magnuson-396,000. Robbin Cohen-666,000. Ammar Rizki-400,000.
maybe they could try the triple lindy into the lake?
*boing*
*boing*
*boing!*
*wooooosh*
*thump*
TRUMP tower cost the same price.. which one would i rather build???
It s …
An Obamanation
JR
And smellier than sailing past the pigeon poop filled cribs on lake Michigan.
Hmm me too. Hellary carried hot sauce in her purse.
Penney pugster grabinor jelly brain's sister bought the obummers that property.
Give it about 6 years, it’ll be the Jackson PARK YMCA
That's one of the Ugliest structures I've ever seen, what were they thinking??
A place for Obamas sarcophagus.
didn't want all the windows shot out all the time
Valerie knows all the secrets; she ran the white house that Barry lived in. She ruled and he spoke. This "project was the payoff (besides the millions he was paid) to separate the country and play the victim of racial oppression. Nice looking guy appeared to be a passive "well-spoken man of color" who could end racial problems that were perceived in the Community and pushed daily by the MSM. Once in he used the bully pulpit at the direction of Valerie. She was paid handsomely for her efforts with this forever job.
The "project" was never going to be paid by them, they don't pay for anything, you do! Another pimp job on the taxpayer. Open borders, trans meds and mutilations, billions to care for the illegals and their court costs, money for fighting ICE by paid protesters, Lawfare etc, all paid for by you. In Chicago, the Imbecile in the mayor's office and the Governor Fatass (he did buy his election with his own money). Then there is the CPD, using bullshit claims, they use your money to pay their friends, who in turn make donations to campaign funds, your dollars. You pay and pay and these shameless Fuckheads laugh and look down on you because you do nothing to stop it.
Paying homage to his communist masters
His media puppeteer brother Ari is behind Rahm’s latest blitzkrieg of the talk shows & editorials. Trying to convince the DNC that Rahm, a veteran of a foreign military, is somehow a “viable” US presidential candidate for 2028.
Get fucked is the proper terminolgy.
Just for reference, the "usual road improvements" in this case meant rebuilding South Shore Drive at a cost of $150M (estimated in 2018, so $200+ by the time they got it done). Barack needed his lake view, damnit.
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