Given where Chicago is right now this new stadium proposal is a bad idea and a bad deal – Wirepoints on The Chicago Way with John Kass
April 26, 2024
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Ted was on The Chicago Way with John Kass and Jeff Carlin to discuss the proposed $5 billion lakefront stadium project proposed by the Chicago Bears & Mayor Brandon Johnson, why Chicago is struggling compared to other metro areas across the country, why the city might or might not go the way of Detroit, and more.
Some Illinois lawmakers continue to deny that covid aid and other federal stimulus bailed the state out of its fiscal mess. But a look at past and projected revenues from COGFA shows just how much the bailouts blew out the state’s revenues. And now that they’re over, how much harder it will be for Illinois revenues to grow.
Election integrity – both real and perceived – is essential to government’s legitimacy and stability. Illinois, like the rest of the nation, better fix its problems now.
Ted joined Dan and Amy to talk about Chicago’s latest bond offering, why Chicago’s dismal home value growth is due to poor policies, the next $70 million to be spent on migrants, the 9% salary hikes demanded by the CTU, and why Illinois lawmakers voting to stop Chicago’s selective enrollment schools from being closed is hypocritical.
Weekly crime statistics from the Chicago Police Department: Report through 4/21/2024.
Not much being said about the stunning shortfall in Ballys money that Chicago already spent. Not much at all.
Notice that the state gets over 5 times the tax revenue that the local governments get. That is 80% cut for the state and 20% for local. Most of the money should stay in the local community to help out taxpayers. If local governments would get 80% think of what they could do with that money. Al Capone is rolling in his grave if he knew how much the state is getting from betting which was not legal then. Also booze and cigarette taxes bring in millions more. Keep most of the money locally and keep it from the Springfield… Read more »
JUST ENOUGH TO KEEP THE ILLEGALS IN VISA CARDS!