Recent Comments

Re: “Mayor Daley Is Confusing Me

As usual, the MSM fails to call out Daley for this bold-faced lie. For Chicago, the greatest financial risks lie in the form of cost overruns, mostly due to bid rigging and other nefarious contracting schemes for which the city has a long and sordid history.

And, of course, the wildly optimistic projections regarding the Olympic village. In an already oversaturated condo/rental market, and in the midst of a significant real estate "market correction", I'm having difficulty understanding how thousands of new units in an area devoid of the necessary infrastructure will be appealing to any developer. Of course, Daley will probably throw gobs of TIF money their way. And the circular firing squad continues.

Posted by Doc on 09/23/2009 at 10:00 AM

Re: “The Substitute for the Substitute

Alderman Flores, if you accomplish little else during your time as an alderman - you must ensure this legislation is called to a vote, and approved.

Don't allow the spineless Daley sycophants allow anything less.

Posted by Doc on 09/01/2009 at 8:34 PM

Re: “Mick Dumke vs. Bernard Stone

THIS is who Daley dispatched to defend the ridiculous parking meter deal? Bernie Stone long ago outlived his shelf life, and needs to go away.

It's either a somewhat surprising display of hubris (even for the egomaniacal mayor), or a tacit admission that virtually everyone else considers this issue too politically toxic to support.

Posted by Doc on 08/20/2009 at 3:55 PM

Re: “Who’ll Be the Bad Guy Now?

Color me skeptical that Flores hasn't been pressured, in some manner, to tone down the rhetoric. Since the spring, every other sentence from his mouth contains the words "accountability" and "transparency", as if these notions are realistic in Chicago. As Ben astutely points out, by virtue of his op-ed in the Tribune, he's admitting that the 2016 Olympics is a fait accompli that steamrolls every obstacle in its path.

Here's the worst part - he had a significant amount of leverage to force Daley and his sycophants to seriously address the horde of concerns with this likely boondoggle. And he fumbled it away.

Here's what I'm failing to understand during the entire debate. At no point during Daley's reign, at least in recent years, has he been so heavily dependent on a slew of different interests in order to achieve his unilateral wet dream. And considering how long he's been strong-arming, bribing, extorting, or threatening other public officials, unions, civic leaders, and industry to adopt his philosophies, I'm a bit baffled as to why these entities didn't seize the opportunity for some quid pro quo.

Instead, the unions have virtually succumbed to his every demand; businesses continue to navigate through a sea of red tape, ridiculous taxes, and fees; aldermen are held hostage and beaten into submission if there's any sign of gumption (see: Reilly, Brendan); and the schools, roads, mass transit, police force, and general infrastructure continue to deteriorate. Not to mention a horribly botched parking meter privatization, along with its PR fallout. A golden opportunity, or so it seemed, to push back hard, quickly circled the drain.

I think the answer lies with TIFs - I really do. As long as Daley and his minions maintain virtually complete control over the only significant and fungible source of cash, everyone other entity is beholden to his fiefdom. Unless and until that changes, our only hope is...Patrick Fitzgerald?

Posted by Doc on 08/19/2009 at 5:20 PM

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