False Profits

City council will vote to pass the "Infrastructure Trust" while demonstrating their skill at presenting false choices to taxpayers. Their argument is "we must pass this now" because the State and Feds won't give us money they don't have.

Adroitly, the supporters sidestep the possibility that if they vote it down the Mayor will be forced to revise the proposal.

They also sidestep the issue of the "private investors". These wouldn't happen to be the same investors that led folks down the garden path about collateralized debt obligations would they?

Questioning the Trustworthiness of the "Trust"

Inspector General Ferguson offers an analysis of the impact of the Mayor's "Trust".

 

Mayor, Mayor quite contrary-

As NYC stresses out over a $300 million dollar renovation to their Public Library, Chicago alderman prepare to hand over a $1 billion dollar "trust fund" to Mayor Rahm(ney).

 

My gang is starting an "Infrastructure Trust"

Another magnificent display of the Mayors ignorance of how gang violence manifests itself in our communities. This ain't Highland Park homey. Gangs?!

http://www.chicagotribune.com/news/politics/clout/chi-emanuel-says-community-must-join-fight-against-gangs-20120323,0,6775610.

story

Rahm hates Freedom, Democracy, right to collective bargaining- well really I could go on and on...

Not that you didn't already know this... http://m.rollingstone.com/?redirurl=/politics/blogs/national-affairs/why-rahm-emanuel-hates-democracy-20120403

Trust

The oddly named "Infrastructure Trust" gets to the heart of the matter in its very name. Time has long since passed when anyone trusted a Chicago mayor with the taxpayers hard earned money. So, what history, what experience and what tangible evidence can this mayor offer that he is indeed trustworthy?