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.
Taxpayer-Funded Electric Busses Are Sitting Broken Down And Idled Across The Country | ZeroHedge
We just posted a story on that. Electric bus maker Proterra, from which Chicago is buying, filed for bankruptcy. Its busses are a mess in other cities. Nothing reported on Chicago, though.
Remember, RTA’s patronage hires are wailing about the 50% farebox recovery mandate that they want the Springfield imbeciles to abolish. This would enable even more spending than is currently allowed by law. Transit agencies around the globe began playing with these oversized golf carts a few years ago. The results aren’t just terrible, they are an insult to the taxpayers whose hard-earned cash has been wasted on virtue signaling paper weights. After much fanfare and fawning press coverage from the utterly useless corporate media, the buses roll for a very short time before they fail, often with fiery results. Then… Read more »
Here’s all you need to know about electric buses. Asheville does not have Chicago’s cold weather or long bus routes either..
https://wlos.com/news/alexa/5-million-loss-for-asheville-as-flawed-electric-buses-sit-idle-interim-transportation-director-jessica-morriss-maintenance-director-john-mcdaniel-proterra
PACE is building a new temple to the cult of EV.
Perfect.