Payday
Posted on September 22, 2015
Official word came from on high today that some of the good citizens of Chicago will need to pay up for the misdeeds of others:
“Emanuel’s budget includes a record city property tax increase, with $318 million of the $543 million scheduled this year. Money from the property tax increase would be earmarked for the vastly underfunded police and fire pension funds, where a 2010 state law requires the city to contribute hundreds of millions of dollars more in the coming years.
The mayor said the city can’t cut its way to find the money for increasing pension payments. To do so, he said, would mean cuts of 2,500 police officers, or about 20 percent of the force. He also said 48 fire stations — about half the city’s total — would have to be shut down while laying off 2,000 firefighters, or 40 percent of the department.
Other services, including street repair and rodent abatement, also would go by the wayside, he said.”
In short, because we’re a bunch of incompetent, semi-retarded assholes who couldn’t make change for a dollar, we need a lot more of your money because of the children!
Here’s our prediction: the tax increases will not bring in nearly enough money; the only earmarks will be for insiders, cronies, stadiums, Ewok massage parlors and graft; pensions will go broke because of math; CPS will go more broke because of more math; the cost of living will jump pushing more out of the city and state; and the City Council will still be populated by 50+1 incompetent, semi-retarded assholes.