What will Rahm Emmanuel do????
I’ve heard that Chicago has some bizarre financial policies.
For example, they leased out city parking meters to a private firm, for a 75 year lease. The city was advanced expected revenues from the parking meters up front, while the company collects parking meter money for the next 75 years.
I also heard that Chicago spent the 75 year lump sum of parking revenue in 3 years. So they clearly need help with money management.
Sounds like Hillary and Bill Clinton burning through their book advances in record time.
Poetic justice gets visited upon Chicago for giving us the “community organizer”.
Cloward-Piven unleashed upon the very venue which nourished it so well over the years, as long as it was somebody else paying the bills.
As he always does... not letting a crisis "go to waste." Though it's now a crisis on HIS watch.
Yeah, I don’t doubt that they are doing that all over the place...
selling long term income sources for lump sums that get spent immediately is a scheme that many poor planners, and thieves, do all the time.