boston same thing, they better hope they don't need any federal money in the next seven years...
Posted on 09/07/2017 4:28:12 AM PDT by davikkm
When AG Jeff Sessions announced that the Deferred Action for Childhood Arrivals (DACA) program was set to end, Chicago’s Mayor Rahm Emmanuel took the opportunity to further cement Chicago’s reputation as a city going downhill.
Racked by debt; unable to effectively manage its finances, and a shrinking population (due to people leaving in droves), Chicago is a perfect example of a city managed with a “progressive agenda” in mind.
Almost reveling in the opportunity to display his Liberal Credentials, Mayor Emmanuel, within hours of the announcement, held his own press conference to describe his plan for action:
“To all the Dreamers that are here in this room, and in the city of Chicago, you are welcomed in the city of Chicago. This is your home and you have nothing to worry about,” he began.
(Excerpt) Read more at investmentwatchblog.com ...
In the meantime 45 people were shot and 7 of them died last weekend. Since that number is down slightly from the same weekend last year it’s being called “progress”.
L
Yes, sit back and watch, as a “Trump free zone” sinks lower and lower and becomes worse than Detroit.
Liberals.
Everything they touch...
boston same thing, they better hope they don't need any federal money in the next seven years...
If Trump had any balls he would arrest some of these majors that are harboring illegals.
“This is your home and you have nothing to worry about,” .....
“Nothing to worry about”? ANYONE who swallows that BS is an idiot. Chicago is run by demodummies and like numerous other demodumie bastions, it WILL go down in flames worse than the old “Chicago Fire” of years past.
(On a personal note, were I heading to any of the eastern states and leaving from Wisconsin, I would rather go north thru Canada than drive through Chicago.)
“On a personal note, were I heading to any of the eastern states and leaving from Wisconsin, I would rather go north thru Canada than drive through Chicago.)”
The Dan Ryan expressway through the south side of Chicago is an excellent shooting gallery.
I was staying at my son’s home in downtown Algonquin over the holidays. Lovely place.
If you get out of Chicago there are some nice areas around there. It kinda reminds me of the Detroit area ten years ago. It was like a doughnut of development with a rotting hole in the middle. The hole being Detroit.
We visit relatives in West Chicago, Algonquin and Elgin fairly regularly. We don’t go near Chicago. I did a couple of times over a decade ago. That town offers nothing.
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THE SMOKING GUN---WSJ REPORT--On Jan 20, 2009 Timothy Geithner was appointed Obama's Secy of the Treasury. But within three weeks, the Obama White House tightened its grip on Treasury. Obama put his COS, Rahm Emanuel, in charge of Treasury---Rahm Emanuel's dual role was an unusual move.
When he got to Treasury, WH COS Rahm Emanuel was so involved in the inner workings that the phrase "Rahm wants it" had become an unofficial mantra among subservient govt staffers, prostrate in obeisance, scurrying to accede to Rahm's wishes, according to Treasury government officials. Reported by WSJ / 05/31/09
More here: http://online.wsj.com/article/SB124113406528875137.html
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Pres Trump needs to to ask US Treasury officials what exactly Rahm Emanuel and Obama were doing there.
PAUSE TO REFLECT--- As taxpayers were being gulled by the TARP fraud, Obama had tight control of Treasury and spent trillions of tax dollars. Obama calculatedly placed his then-COS Rahm Emanuel in a dual role.......in the WH and at Treasury. Obama had a stranglehold on the US Treasury via COS Rahm Emanuel's dual role.
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TARP UP CLOSE---FOURTEEN TRILLION DOLLARS Behind The Real Size of the Bailout;
Abbreviations, acronyms, and obscure programs WRT Obama's $14 trillion Wall Street bailout
SOURCE motherjones.com --- Mon Dec. 21, 2009 12:23 PM PST
The price tag for the Wall Street bailout is popularly put at $787 billion—---the actual size of TARP--the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside untraceable money to bail out financial firms and inject money into the markets.
To get a sense of the size of the real $14 trillion bailout, see MJ chart at web site. A guide to the pieces of the puzzle includes massive untraceable Treasury Department bailout programs.
Money Market Mutual Fund: In September 2008, the Treasury controlled by Obama/Emanuel announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].
Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokerages—as much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].
TARP: As part of the Troubled Asset Relief Program, the Treasury controlled by Obama/Emanuel made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.
Government-sponsored enterprise (GSE) stock purchase: The Treasury controlled by Obama/Emanuel bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."
GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury controlled by Obama/Emanuel may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion ---SNIP---.
LONG READ---go to web site to read more and checkout the shocking financial charts.
SOURCE http://motherjones.com/politics/2009/12/behind-real-size-bailout
<><>(1) using long-term financing to cover day-to-day expenses,
<><>(2) using bond proceeds to pay pension obligations, and,
<><> (3) misappropriating returns from the interest rate swap portfolio (a sub rosa ATM for paying the citys day to day expenses).
The stench from Chicago's poplitical sleaze is permeating the putrid city hall air... starting w/ Obama's ex-COS Chi/Mayor Rahm Emanuel. ....and remember, these kingpins of Chicago criminal politics moved into DC with Chicago kingpin Barack Obama.
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ANALYSIS Bonding is eternal taxation----the insider deals bonding companies made w/ shady pols to get bonding business would tell a tale of greedy pols accumulating riches through massive govt corruption.If these bonding deals were effectuated by way of referendum at the ballot box----and misled investors into buying tax-fee muni bonds----the SEC would be interested.
EMAIL enforcement@sec.gov
Massive govt corruption might include forgery, falsification of official records, fraudulent state budget entries, tax evasion, illegal wire-transfers, misuse of public office.
Tax-exempt municipal bond investors (including public education bond investors)-- have legal grounds to sue if they were deceived about deceptive bond offerings. In many cases, bond issues are approved by voters---at the ballot box--so that voters may have also been misled WRT uses of fraudulent bond offerings.
Also culpable are:
<><> bonding companies underwriting possible fraudulent bond issues;
<><> banks holding possibly fraudulent bond proceeds;
<><> State/city's modus operandi in allocating tax-exempt bond proceeds,
<><> the sub rosa acceptance of bond proceeds.
<><> state/city vendors accepting possible fraudulent bond proceeds.
<><> publicly-funded state/city agencies advocating the uses of fraudulent bond proceeds.
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The SEC, FBI, banking overight agencies, and the IRS, would be interested in the activities of state/city entities WRT bonding.
EMAIL---FBI TIPS PAGE https://tips.fbi.gov
EMAIL--enforcement@SEC.gov
Contact the IRS Fraud Unit
EMAIL Banking oversight agencies
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Taxpayers should find out which Chicago banks are facilitating this.
<><> Which banks are designated the official repositories of municipal tax dollars.
<><> Which banks are dispensing the ill-gotten proceeds....and to whom.
EVEN IN THE DC SWAMP Valerie Jarrett STILL Received
A $36K Annual Pension For a Part-Time Chicago Transit job
dailycaller.com ^ | 2/17/2016 | Chuck Ross / FR Posted by rktman
Chicago is known for its L-train. But it's the gravy train that White House senior adviser Valerie Jarrett prefers to ride.
In addition to the $173,922 Jarrett earns per annum as President Obama's senior adviser, she is also paid an annual pension of $35,660 for the eight years she served as chairman of the Chicago Transit Authority, according to a Chicago Sun Times investigation.
Jarrett was appointed to chairman of the agency - a part-time position - in 1995 by then-mayor Richard Daley, whose brother, William Daley, served as Obama's chief of staff. Jarrett served as the former mayor's deputy chief of staff and was appointed to numerous other positions during his term. (Excerpt) Read more at dailycaller.com ...
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That one Chicago pension check is what she'll admit to. Wonder how many transportation bonds were issued while Jarrett was at Chicago Transit? Her pension payout would pale against her hidden income from lucrative insider Chicago bond deals.
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In his final days in office:
<><> Obama appointed Valerie Jarrett and National Security Adviser Susan Rice to the Kennedy Center Board of Trustees
<><> Deputy Ntl Security Adviser Ben Rhodes was appointed to the tax-funded US Holocaust Memorial Council.
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The Obamaminions can't live by do-goodism alone (smirk). We demand to know how many US govt checks this motley crew of incompetents hangers-on is cashing. (including US govt payroll and pension checks.)
Its an old political trick to pad pensions, and, hand-pick people and put them on govt payrolls long after you think they're gone.
The trio's vouchers for reimbursement would also prove enlightening.
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Remember, Obama gave his MIL a 200,000 US govt pension for baby-sitting his kids. She must be on several payrolls, too.
Everyone wanted to know why we passed within 30 miles of Chicago and didn't go there? We saw it years ago, didn't like it.
Liz, I do not think that is true...it's a myth passed around on the web...
Perhaps the Mayor should demand that all 9th graders should be taken to the pistol range 3 days a week to improve their accuracy just to try to keep up with the current black abortion rate .
100%
damn straight!
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