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.
Many people can still afford the mortgage which is at historic lows but property tax’s are at historic highs which are not affordable. One of our local reps is trying to postpone property tax bills by 90 days which sounds good at face value but that will mean 3 tax payments in 13 months. June would be due Sept. Sept due in Dec.then again in June of 2021. I would like to see taxing bodies use up surplus funds and make cuts which some have 6 months or more or reserves to reduce our property tax’s.We are NOT their savings… Read more »
The problem with giving away money other people’s money is that soon you run out of money to give away.
This includes the federal treasury that is, essentially, giving away our childrens’ and grandchildrens’ money.