Thursday, August 26, 2010
Chicagoland / Politics / Clout City Mayor Daley Continues to Circle Around Drawing on TIF Funds
Posted by Whet Moser on 08.26.10 at 05:10 PM
8/24: "'Everybody wants to raid something,' Daley said. 'I’m not going to listen to state government for financial advice.'"
8/26: "Daley said he would 'look carefully at using a portion' of the hundreds of millions of dollars in city tax-increment financing, or TIF, accounts to help balance the budget."
Comments (4)
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Mayor Daley isn't going to let a little thing like municipal insolvency force him to tap into his slush fund.
-- MrJM
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Hello,
My name is Devon Reid I’m about 18 and I’m running for alderman of the 26th ward. I have no political ties and stand against the way Chicago politics are run. While campaigning I’ve come across a few news worthy facts about Maldonado, While making neighborhood visits he handed out list Implying that if he were re-elected he would bring services on the list into play, but the services are already available for free by calling 311(I can Email you a copy if you want it). I was also told by a man named Arturo Delphi that Maldonado promised him a city job if he campaigned for him. I can also provide Mr. Delphi as a witness if needed. Ald. Maldonado needs to be exposed for the Chicago politician he is, What he is doing has to be illegal,at the least it is immoral.
-Thank You
Hi everyone David M. MANN here, and I want to inform you of my interest in running as the Independent Write-In-candidate for Governor of Illinois to stop the jumbled political approach that actually results from not using The Economic Rent-of-Land-Value Tax System, that is extremely versatile, flexible, and economical, and is extremely easy on the pocket-book because you wont have to shell out thousands, even billions in income and sales taxes, and parking meter, or Real-Estate fees! You have to get on my bandwagon now though; not just here in the Chicago area--it's has to be throughout the entire State of Illinois! Why? Because theres only 66 days until the Illinois General Election on November 2, 2010! I mean, wouldnt you rather have Georgists than a GOP elephant, a Democratic donkey, Walls, Cohen, and some guy posing as a Libertarian, and is really a Super-Duper Conserv-e-ative in disguise? Come on! You want to be a follower of Henry George! True Champion-of-The-People! Sure you do!
Mayor Daley is thinking about not running in the next election I think. He's not sure yet, but if he does retire he doesn't want to leave his succesor with a lot of money that could be immediately put to productive use. In support of this view I point to all the Daley supporting aldermen who seem to be getting the message and announcing that they will not run for re-election. If Mr. Daley does decide not to run I suspect the first we will know about it is a sudden injection of TIF money into schools, parks, roads, and other populist projects - rather than the business support that the money has primarily been used for in the past.
