Shameful and is it even legal? Look Who’s Getting That Bank Settlement Cash – Chicago/3rd World politics

The one on the right just got impeached for using her office to line the pockets of her friends and political allies.

A friend of mine asked how this was even legal. I sure as heck don’t know.

Fine the banks for billions and then take that money and just give it to Obama supporters and friends? Third world politics totally. Chicago politics totally. We have definitely regressed as a country over the last decade.

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Why are Our Urban Areas so Dysfunctional? Truth is Some Politicians Want Their Constituents Trapped in Poverty

As we said in a recent video, there are many reasons why much of urban America is an economic wasteland. We site 2 main reasons however, big government, and cronyism.

Cities are often not very good places to do business. They are typically high tax high regulation zones. Cities often look at businesses as little more than revenue streams. And what can’t be extracted from business via taxes can be regulated out of businesses with laws.

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Over 90 percent of Chicago business leaders say city is home to cronyism

Home of  Al Capone, Dennis Hastert, Jesse Jackson, the Daley “machine,” Saul Alinsky, Barack Obama, the Windy City seems fertile ground for those inclined toward the crony disposition.

Chicago erupts out of the Midwestern plains like a steel and glass mountain range. As one approaches the metropolis one begins to feel its gravitational field. It’s different than New York’s pull which is stronger but is offset by Philly, Boston and Washington DC. Chicago however stands mostly alone, smack dab in the middle of the country and the continent.

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Obama endorses Hillary even though she is under investigation by the FBI, Message to the FBI?

If there is anything that I personally resent about Mr. Obama it is his introduction, or really reintroduction, of Chicago style politics to the White House. There’s a reason why Chicago is a hole of dysfunction – Chicago politics. And our current president brought it to Washington for all of us to endure.

How is the FBI supposed to do its job when they know that the head of the Executive Branch, the President, their boss, is endorsing for president someone they are investigating.

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Chicago’s Pension-Fund Woes Just Became $11.5 Billion Bigger

The folks in Washington are trying to bail out Puerto Rico with taxpayer money. Watch, as Illinois and other states and cities with massive government sectors and high taxes continue to crumble they will start agitating for their own bailouts. Again I say it’s time to consider carving out the big cities. They seem to hold the rest of the country in contempt anyway. I say let the big government islands bail themselves out if they fail to come to terms with fiscal reality.

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Chicago’s corruption tour for tourists

This guy (or someone like him) should set up one of these in Washington DC. I’ll bet it would do serious business. No joke. I’d go on it and I go to DC all the time. Just start at the Watergate and work one’s way to the Capitol.

As for Chicago it’s pretty amazing the amount of corruption which comes from the place. Some people even believe that Nixon would have been president in 1960 if it were not for vote rigging in the city.

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Rahm to seize one of Chicago’s largest buildings for private gain

“I don’t think this would happen anywhere else in the world. If they use eminent domain in that way, it would mean they could choose any building in the city and just say, ‘We can take that property and pay what we want to pay,’ ” said Martin Mulryan, Davies’ project manager.

Maybe Rahm Emanuel learned something about seizing private property during his recent vacation to Cuba.

Just another day in the Windy City,

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In Chicago, distrust toward mayor has turned ‘personal’ (Plus the city is fundamentally dysfunctional, like many US cities)

This is what happens when decades of crony capitalism come to the fore. A corrupt police force. A corrupt teacher’s union and administration. Over promises to public sector unions which have no basis in economic reality. This is the 3rd world and there is a certain poetic justice to the fact that Rahm Emanuel gets to oversee the current nightmare. This is however cold comfort to the people of Chicago.

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Rahm Emanuel’s Cuban Vacation

Not actually Rahm.

As we’ve noted before Cuba is currently the lefty vacation spot of choice. Everyone wants to get to the island before capitalism “screws it up.” Communism’s so quaint with its political prisoners, restrictions on free speech, clueless economics, and widespread poverty. But the island nation does have palm trees and statues of Che Guevara so it all evens out.

(From The Washington Free Beacon)

Take a minute to picture Mayor Emanuel there,

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Extra pay for Chicago police and firefighters is excessive, unsustainable (Taxpayers get out now.)

A few weeks ago we posted on Finnish police wandering the streets of Helsinki looking for pizza which was priced “too cheaply.” The reason? The fear that pizza vendors were selling at a price which didn’t generate enough sales tax revenue for the socialist country. In that post we explained that in many parts of the American big government archipelago, the Northeast, parts of the urban Midwest, and much of California it was likely only a matter of time before “pizza police”

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Fomer head of Chicago public schools to plead guilty to bribery

We often ask why it is that people continue to live in the urban centers of the Northeast and Midwest. Taxes are high. Traffic is thick. Winters are cold. Crony capitalism runs deep.

The answer we often get back is that people either can’t afford to move or there is something about a particular urban pocket which we just don’t understand. (Which is perfectly reasonable.)

In a time when most white collar workers need little more than a laptop and a high speed Internet connection to do their jobs it just seems crazy to stay in these places.

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