They’re investors in a firm cashing in on the Cook County Land Bank Authority, financing rehabbers who flip properties for double, triple, even 50 times what they paid the county.
In fairness, I didn’t see anything too untoward here. I will reserve judgment until something comes out that shows the rules were broken, or “bent.” We have to stop treating profit as a dirty word in this country. We can’t give in to the left’s narrative. Business is all about relationships, and working with people to achieve a positive result. It becomes a bad thing when someone cheats the system, but the market is working well for everyone when something of value is created. It appears here that all involved just have a good knowledge of the system and how… Read more »
I’d like to think that what you post is accurate. And if all these properties were publicly marketed and auctioned then good for the people that made the money. However being run by politicians I’d also have to think there’s some way that someone is getting an inside advantage or doing something improperly.
DixonSyder
6 years ago
For the Daley crime family stealing money from the citizens piggy bank never goes out of style.
Fed up neighbor
6 years ago
Once a crook always a crook
UnclePugsly
6 years ago
Ahh, the good old days when crooked politicians weren’t also leftist nut jobs.
Yeah, back when they just stole money for personal gain. Now they steal your money and give it to someone who’s not even here legally in the first place.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
In fairness, I didn’t see anything too untoward here. I will reserve judgment until something comes out that shows the rules were broken, or “bent.” We have to stop treating profit as a dirty word in this country. We can’t give in to the left’s narrative. Business is all about relationships, and working with people to achieve a positive result. It becomes a bad thing when someone cheats the system, but the market is working well for everyone when something of value is created. It appears here that all involved just have a good knowledge of the system and how… Read more »
I’d like to think that what you post is accurate. And if all these properties were publicly marketed and auctioned then good for the people that made the money. However being run by politicians I’d also have to think there’s some way that someone is getting an inside advantage or doing something improperly.
For the Daley crime family stealing money from the citizens piggy bank never goes out of style.
Once a crook always a crook
Ahh, the good old days when crooked politicians weren’t also leftist nut jobs.
Yeah, back when they just stole money for personal gain. Now they steal your money and give it to someone who’s not even here legally in the first place.