- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Posted on 8/7/25 at 4:12 pm to GeauxBurrow312
quote:
…more pension liabilities than 43 states…
This is the biggest financial issue and you will never hear an elected Democrat in Illinois talk about it. The pensions for teachers union retirees and City employee retirees are extravagant by the standards of retirees in most all other types of employment.
The way they propped it up recently was using massive amounts of federal funds supposedly for COVID response, which means taxpayers from other states were paying off their pension debt in Chicago,……infuriating.
Posted on 8/7/25 at 4:14 pm to cascadia
quote:
Doesn’t Chicago not even get revenue for their parking meters? Read that they sold them for cash years ago and they’ve already doubled that return for whoever bought them
Not a penny. That whole thing was sold to some overseas investor during *08 collapse for an extremely long lease, one time payout. Zero revenue goes to the city itself.
Fox Chicago News Article
This post was edited on 8/12/25 at 9:31 pm
Posted on 8/7/25 at 4:22 pm to SPEEDY
States and cities are going to go broke, not only the illegal spending, but the ever growing pensions they have to fund is going to come apart at the seams.
Posted on 8/7/25 at 4:23 pm to SPEEDY
PaY tHeiR FaIR sHaRe!!!
Derp.
Losers... they con you into voting for them, they spend all that they have and them come to you asking for more. the rich will leave all blue cities and the red states will have them all. Then what are you dumbasses going to do?
Derp.
Losers... they con you into voting for them, they spend all that they have and them come to you asking for more. the rich will leave all blue cities and the red states will have them all. Then what are you dumbasses going to do?
Posted on 8/7/25 at 4:24 pm to SPEEDY
Chicago to see a mass exodus....as the rich wypeople head out
Posted on 8/7/25 at 4:25 pm to SPEEDY
And he thought Kamala would bail his city out
Tough shite
Tough shite
Posted on 8/7/25 at 4:26 pm to blue_morrison
quote:
Not a penny. That whole thing was sold to some overseas investor during COVID for an extremely long lease, one time payout. Zero revenue goes to the city itself.
They sold it way before COVID, it was one of Richard Daley's final acts as mayor. It was big national news at the time, I forget which of the major banks got in shite for conducting the deal.
They sold it to the Arabs
Edit: pulled up the stats. They sold it in 2008 for a lump sum of $1.15 billion
Since then, the parking meters have generated over $2 billion, and there is still 58 years left on the lease
This post was edited on 8/7/25 at 4:28 pm
Posted on 8/7/25 at 4:32 pm to SPEEDY
Death spiral.. just like Detroit
Posted on 8/7/25 at 4:37 pm to SPEEDY
quote:Good!
city finances are at “a point of no return”
quote:Good!
they need massive tax hikes
Chicagoan voters FAFO'd.
This post was edited on 8/8/25 at 5:19 am
Posted on 8/7/25 at 4:41 pm to SallysHuman
quote:the ultra rich will leave Chicago...only issue they will have is finding someone to buy their place
The "Ultra Rich" will hire tax accountants and attorneys to find loopholes
Posted on 8/7/25 at 4:42 pm to SPEEDY
Let the fatass governor write a check, he’s a billionaire communist.
Posted on 8/7/25 at 4:45 pm to SPEEDY
Rich people be leaving Chicago 
This post was edited on 8/7/25 at 9:22 pm
Posted on 8/7/25 at 4:59 pm to Chicken
quote:
the ultra rich will leave Chicago
At what point do some of these place attempt to start taxing people for leaving? Or attempting to tax them. Because I can 100% see some democrat trying it. "If you lived in Chicago at any point in the year and no longer live in Chicago, the entirety of your income for the year shall be taxed at a rate of not less than 45%. You must pay your fair share, and it is not fair to your fellow Chicagoans for you to live them footing the bill by themselves." or something along those lines.
Posted on 8/7/25 at 5:01 pm to tigerpimpbot
quote:
The consequences of prioritizing illegal aliens over your own citizens. Who knew?
For votes and power. Not because they wanted to help them.
Posted on 8/7/25 at 5:23 pm to SPEEDY
cool...so now the ultra rich are going to ultra move the frick out of your city and you will collect 0 taxes from them
Posted on 8/7/25 at 5:36 pm to SPEEDY
Wait, so free stuff actually has to be paid by someone?!
Popular
Back to top


0











