Rahm Emanuel

Trump To Chicago: ‘I Will Send In The Feds!’ To Deal With Escalating Violence

U.S. President Donald Trump tweeted the following Tuesday night about dealing with Chicago’s escalating violence (blogged about here):

If Chicago doesn’t fix the horrible “carnage” going on, 228 shootings in 2017 with 42 killings (up 24% from 2016), I will send in the Feds!

(Editor’s note: Bold added for emphasis)

Back on January 2, then President-elect Trump tweeted this about Chicago’s bloody 2016:

Chicago murder rate is record setting – 4,331 shooting victims with 762 murders in 2016. If Mayor can’t do it he must ask for Federal help!

(Editor’s note: Bold added for emphasis)

No response from “The Machine” as I type this.

UPDATE: The Chicago Tribune is reporting that the aldermen’s response to that Trump tweet is that they would welcome federal money to combat the violence. I’m sure they would.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Wednesday, January 25th, 2017 Crime, Government, Political Parties, Public Safety Comments Off on Trump To Chicago: ‘I Will Send In The Feds!’ To Deal With Escalating Violence

Chicago Mayor Rahm Emanuel To ‘Kneel Before Zod’- Donald J. Trump?

The editorial board at Crain’s Chicago Business published the following about Chicago’s impending loss of clout in Washington, D.C., on the Crain’s website this past Saturday:

Chicago residents, regardless of their personal politics, are going to miss having one of their own in the White House.

As President Barack Obama moves on to his post-presidential life, he takes with him the last vestiges of our once-formidable clout in the nation’s capital. Chicagoans have become accustomed to the idea that, with the right connections, they can be just a phone call away from the highest levels of power. With the incoming Trump administration, that’s about to change

(Editor’s note: Bold added for emphasis)

Regular readers of Survival And Prosperity may recall what I blogged back on December 7:

If readers still don’t think there will be repercussions to Chicago from a Trump administration despite its unabashed support for Hillary Clinton on Election Day (the Democrat received 83.63% of the city’s votes on Election Day), its official policy of providing “sanctuary” to illegal aliens, and political grandstanding (Trump’s honorary street signs downtown were removed this past weekend, courtesy of the City Council), then consider what was published on the Bloomberg website yesterday:

“Chicago Faces Political Power Outage as Trump Succeeds Obama”

Chicago is racing the clock.

Nowhere will political power evaporate more dramatically at noon on Jan. 20 than in the third-largest U.S. city, a bastion of Democratic power that’s enjoyed special access to Washington during President Barack Obama’s eight years in the White House.

When Donald Trump becomes the 45th president, Chicago will trade a first family and top advisers with deep ties to the city for a chief executive who has repeatedly called it a violent mess embodying the failed policies of his predecessor and the Democratic Party…

Not since the era of Abraham Lincoln have Chicago and Illinois enjoyed such strong ties to the White House and Washington. Obama’s exit will bring an end to that

I wrote back on November 11 in a post entitled “Chicago Could Lose Billions In Federal Funding Under Trump Administration”:

Drip. Drip. Drip.

That’s the sound of federal funds to the “City By The Lake” drying up.

A real possibility. And a lot of moolah at stake…

Crain’s editorial board brought up the much-publicized planned renovation of Chicago’s Union Station in their piece. They penned:

As City Hall pushes for federal funding to revamp Union Station—a project that will require Trump administration support—Chicago may soon learn the limits of its clout in this new era.

(Editor’s note: Bold added for emphasis)

If the presence of Trump International Hotel & Tower in downtown Chicago isn’t enough to gain the President-elect’s support for the renovation, then I wouldn’t be surprised if Trump requires the city to renounce its “sanctuary city” status and/or other concessions he deems important before federal funds are made available.

Will Mayor Emanuel be forced to “kneel before Zod”?

Stay tuned…


“Kneel before Zod!”
Clip from Superman II (1980)
YouTube Video

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Editorial Board. “Chicago’s D.C. clout exits with Obama.” Crain’s Chicago Business. 14 Jan. 2017. (http://www.chicagobusiness.com/article/20170114/ISSUE07/301149996/chicago-will-miss-president-barack-obama). 17 Jan. 2017.

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Tuesday, January 17th, 2017 Crime, Government, Immigration, Infrastructure, Political Parties, Transportation Comments Off on Chicago Mayor Rahm Emanuel To ‘Kneel Before Zod’- Donald J. Trump?

Mexican Paper Reports ‘Migrants Flee To Chicago Before Trump Becomes President’

In a post yesterday about Chicago, I offered up the following to residents who look to remain in the city through what I suspect will be increasingly tough times:

Do yourself a favor and take a good, hard look at your financial and personal safety capabilities for successfully navigating any “storm” that may lie ahead…

Here’s one more thing these Chicagoans might want to consider:

Learn to speak Spanish, if you don’t already.

Back in high school, I informed one of my Spanish teachers that I wanted to learn the language because I envisioned a future where being able to speak it might come in handy around Chicagoland and in other parts of the country.

It has. Immensely.

Almost a decade ago, I mentioned to my girlfriend that Chicagoans had better get used to a growing Hispanic influence in the city, based on the demographic trends I was observing.

Perhaps even more so now, after reading an article on the website of Mexican financial newspaper EL FINANCIERO. In the piece entitled “Migrants flee to Chicago before Trump becomes president,” Anabel Clemente reported Tuesday:

Before Donald Trump is acting president, on January 20, Mexico’s consul in Chicago, Carlos Martín Jiménez, reported that there is already a displacement of migrants to that city, as a point considered a sanctuary .

During the 28th Meeting of Ambassadors and Consuls, he said that undocumented people, living in localities near Chicago, began moving to that city, where their mayor, Rahm Emanuel, has implemented support measures , such as establishing a Special office called New Citizens , and has put a free phone for those who do not have documentation.

“We have Indiana, which is quite anti-immigrant, almost half the state, and we have a lot of people in Wisconsin . Although there is a new consulate, people are already very accustomed to the Chicago consulate and then they are migrating to Chicago, precisely because of the sanctuary issue, “he said…

(Editor’s notes: Bold added for emphasis; Translation exactly as provided by the Google Translate website.)

You can read the entire article here in English via Google Translate or here in Spanish on the EL FINANCIERO website.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Friday, January 13th, 2017 Demographics, Government, Immigration, North America, Political Parties, Population, South America Comments Off on Mexican Paper Reports ‘Migrants Flee To Chicago Before Trump Becomes President’

HeyJackass! On 2016 Chicago Murder Tally: ‘We’ll Most Likely Exceed The 800 Level’

“As the gunfire dies down, HeyJackass will finalize the numbers for 2016, the Department will lie about the other numbers, death investigations will be scheduled for reclassification, Rahm will pretend that 600 black people weren’t murdered in his city by other black people, another 3,600 weren’t maimed and that 25 police shootings are the real problem…”

-New Year’s Day post on Chicago police blog Second City Cop

Happy New Year everyone. Hopefully readers were able to ring in 2017 safely- particularly those in Chicago, where the last weekend of 2016 turned out to be another bloody one.

Just how bad were shootings and murders in the “Windy City” in 2016? Well, consider the following from the CBS News website yesterday:

One of the most violent years in Chicago history ended with a sobering tally: 762 homicides, the most in two decades in the city and more than New York and Los Angeles combined

(Editor’s note: Bold added for emphasis)

That’s pretty awful. And once the final tally is in, 762 murders might be significantly lower than the actual body count.

From the popular HeyJackass! website (“Illustrating Chicago Values”):

Preliminary 2016 Totals
Shot & Killed: 713
Shot & Wounded: 3665
Total Shot: 4378
Total Homicides: 795

And under the section “New Year’s Stupidity” on the site:

While the 800 homicide gorilla awaits entry into 2016’s frunchroom, the fact is we’ll most likely exceed the 800 level soon after the New Year due to late passings and reclassified death investigations. Happy New Year!

(Editor’s note: Bold added for emphasis)

Stay tuned…

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

SCC. “2016 Final Numbers- Pending.” Second City Cop. 1 Jan. 2017. (http://secondcitycop.blogspot.com/2017/01/2016-final-numbers-pending.html). 3 Jan. 2017.

“Chicago saw more 2016 murders than NYC, LA combined.” CBS News. 2 Jan. 2017. (http://www.cbsnews.com/news/chicago-murders-shootings-2016-more-than-new-york-city-los-angeles-combined/). 3 Jan. 2017.

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Tuesday, January 3rd, 2017 Crime, Government, Public Safety, Self-Defense Comments Off on HeyJackass! On 2016 Chicago Murder Tally: ‘We’ll Most Likely Exceed The 800 Level’

Further Confirmation Of Chicago Police Department’s Manpower Shortage

Reading the popular Chicago police blog Second City Cop on a regular basis, I became aware several years ago of the manpower shortage going on in the Chicago Police Department.

Subsequently, I started blogging about the city’s truly “thin blue line” a little over five years ago.

Further confirmation of the depleted CPD ranks comes from Dan Mihalopoulos over at the Chicago Sun-Times, where he reported on their website this evening:

Even if Mayor Rahm Emanuel manages to add nearly 1,000 cops in the next couple years, his promised surge of new hires would barely make up for the decline in the Chicago Police Department’s ranks on his watch.

There were 6,244 rank-and-file police officers working the city’s 22 police districts as of Oct. 19, records obtained by the Chicago Sun-Times show. That’s down more than 800 from the 7,047 beat cops shortly after Emanuel took office in 2011

(Editor’s note: Bold added for emphasis)

And then there’s retirements. Mihalopoulos added:

The already-brisk pace of retirements is rising. In October, the Sun-Times reported 274 officers declared their intention to retire by June 30, driven by an expiring offer of free health care for cops who are 55 years old…

(Editor’s note: Bold added for emphasis)

Mihalopoulos wrote an insightful piece about this situation, which can be found here on the Sun-Times website.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Friday, December 9th, 2016 Government, Public Safety Comments Off on Further Confirmation Of Chicago Police Department’s Manpower Shortage

‘Black Lawmakers From Chicago’ Key To Reducing City’s Gun Violence?

Before the weekend, I blogged about Chicago Police Superintendent Eddie Johnson’s recent appearance on WGN-TV (Chicago Channel 9) where he discussed the city’s gun violence. Johnson brought up much-publicized (and delayed) legislation targeting repeat gun offenders, telling viewers:

So with this particular piece of legislation, we’re not changing the sentencing years. What we’re doing is giving our judicial partners the wherewithal to be able to sentence them somewhere between the mid-range to high-end of the sentencing guideline, which will be I think the high-end is maybe 14 years. Mid-range will be about 6 years…

He added:

So we, I’m optimistic that we’ll have it done at the beginning of the year. But in terms of what’s taking so long? I guess they just want to get the language of it right. Because it’s more important to get it right than to rush through it. But we have to do something. Because most of our violence in Chicago is perpetrated by repeat gun offenders

(Editor’s note: Bold added for emphasis)

No doubt “getting the language right” is important. But, there could be another reason why it’s taking so long for this legislation to see the light of day. I was listening to WLS-AM 890 (Chicago) back on September 23 when I caught the following. John Dempsey reported on the radio station’s website that day:

In his speech at Malcolm X college, Emanuel also talked about implementing a three year mentoring program to provide support to over 7,000 at-risk youth in Chicago. The Mayor also called on Illinois lawmakers to toughen penalties for gun crimes, something black lawmakers from Chicago have thwarted in the past, out of concern that harsher gun laws would unfairly target African-Americans.

Eddie Johnson told WLS he is currently talking with those lawmakers about drafting a law that would address the real need the city has to make sure repeat offenders are kept behind bars for longer periods of time. “I think that the legislators are coming around now because before we didn’t have concealed carry and you know the sentencing that I’m looking for is not mandatory. It’s focused at repeat gun offenders so that’s not casting a net over the minority population. It’s more like using a spear to focus on the guys that are consistently telling us they don’t want to play by the rules of society. The way we want it to go is that repeat gun offenders would be sentenced on the mid to high end range of sentencing as opposed to giving them lighter sentences.”

(Editor’s note: Bold added for emphasis)

Meanwhile, almost 78 percent (567 victims) of shooting deaths in Chicago in 2016 have been African-Americans (source: HeyJackass!).

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Source:

Dempsey, John. “Eddie Johnson with Big John and Ray: More cops just a ‘piece of the puzzle.'” WLS-AM 890. 23 Sep. 2016. (http://www.wlsam.com/2016/09/23/eddie-johnson-with-big-john-and-ray-more-cops-just-a-piece-of-the-puzzle/). 6 Dec. 2016.

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Tuesday, December 6th, 2016 Crime, Government, Legal, Public Safety Comments Off on ‘Black Lawmakers From Chicago’ Key To Reducing City’s Gun Violence?

Taxing Time For Chicagoans

The elections are over. So it’s time for “higher/new fees, fines, and taxes,” as I routinely point out in Survival And Prosperity.

Chicagoans found out yesterday what kind of impact City Hall’s latest “revenue enhancements” will have on their personal finances. Julian Crews, Dan Ponce, and Dana Rebik reported on the WGN-TV Chicago website Wednesday:

The Chicago City Council voted unanimously to pass Mayor Rahm Emanuel’s $8.2 billion 2017 budget Wednesday…

For taxpayers, the hardest pill to swallow in the budget may be a nearly 30 percent increase on water and sewer bills. The hike will be phased in over four years, and is expected to raise nearly $240 million to help shore up the municipal workers pension fund.

But the big impact to taxpayers will come in the form of a tiered increase in property taxes to fund police and fire pensions approved by the Council last year.

Other new fees include:

7-cent fee for all plastic AND paper bags to encourage people to bring reusable bags to the grocery store.
3.5 percent amusement tax for tickets to concerts, sporting events and musicals…

(Editor’s note: Bold added for emphasis)

Crews, Ponce, and Rebik also pointed out coming higher fees with parking rates downtown, around Wrigleyville, and at both Midway and O’Hare airports. More parking meters will be popping up in the Loop and in city neighborhoods as well.

Anyone who’s been paying attention might have observed a disturbing trend lately with Chicago’s fees/fines/hikes. John Byrne and Hal Dardick reported on the Chicago Tribune website this morning:

The average family will pay nearly $1,700 more a year to the city and Chicago Public Schools than they did before the mayor took office in 2011 once all of Emanuel’s tax and fee increases take full effect. There’s been a series of property tax hikes. There was a water and sewer rate increase, plus a new tax on top of that. Not to mention a new garbage hauling fee, 911 phone tax hike, vehicle sticker fee increase and a tax on cable television…

(Editor’s note: Bold added for emphasis)

“$1,700 more a year… than they did before the mayor office in 2011”

Ouch. Byrne and Dardick added:

Even with all of that, taxpayers may be asked for more money in the coming years. Emanuel’s plans for shoring up long-neglected city worker pension funds will require the city to come up with hundreds of millions of dollars more by the early to mid-2020s

(Editor’s note: Bold added for emphasis)

In the meantime, the reporters calculated the “typical” Chicago homeowner ($250,000 residence) can expect to see their tax bill rise another $400 in 2017.

As a former resident of Chicago, I can understand why people would want to live there. That being said, Chicagoans have been required to “pay to play.” And that trend might not be their friend if that Tribune analysis plays out.

For those choosing to remain in the “City By The Lake,” it might be wise for these individuals to take a good, hard look at their finances to figure out if they can keep residing there should the cost of living continue its upwards trajectory.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Crews, Julian, Ponce, Dan, and Rebik, Dana. “City Council unanimously passes $8.2 billion budget, including new taxes and fees.” WGN-TV Chicago. 16 Nov. 2016. (http://wgntv.com/2016/11/16/chicago-city-council-expected-to-pass-mayors-2017-budget-today/). 17 Nov. 2016.

Byrne, John and Dardick, Hal. “The tab on Emanuel’s series of tax hikes: $1,700 a year for the average family.” Chicago Tribune. 17 Nov. 2016. (http://www.chicagotribune.com/news/local/politics/ct-rahm-emanuel-chicago-city-council-budget-vote-met-1117-20161116-story.html). 17 Nov. 2016.

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Thursday, November 17th, 2016 Debt Crisis, Education, Entitlements, Essential Reading, Fiscal Policy, Government, Taxes Comments Off on Taxing Time For Chicagoans

Chicago Could Lose Billions In Federal Funding Under Trump Administration

It’s a real possibility that the city of Chicago will lose out on billions of dollars of federal funds in the coming years due to its unabashed opposition of U.S. President-elect Donald Trump, its official policy of providing “sanctuary” to illegal aliens, and political grandstanding at a time when serious problems plague America’s third-largest city.

At the same time, Chicago Mayor Rahm Emanuel doesn’t sound too concerned. Byrne reported on the Chicago Tribune website Wednesday:

Mayor Rahm Emanuel on Wednesday predicted that President-elect Donald Trump would work with Chicago rather than penalize a city where many officials and voters opposed his candidacy.

Emanuel, who worked in the Clinton White House, was outspoken in his support for Democratic presidential nominee Hillary Clinton during the campaign. Yet the mayor said he doesn’t think the incoming president will seek retribution, perhaps by cutting Chicago out of federal funding for infrastructure and other big-ticket projects.

“I’m not worried about Donald Trump trying to somehow penalize Chicago,” Emanuel said at a City Hall news conference minutes after Clinton gave her concession speech.

Still, Emanuel noted that he won’t exactly have the Republican president’s ear…

I’m not sure President-elect Trump will listen to me, but I would say that you’re president for all of America, and that includes your third-largest city in the country,” said Emanuel, who was Obama’s first White House chief of staff…

(Editor’s note: Bold added for emphasis)

I’m not sure President-elect Trump will listen to Rahm either.

And considering opponent Hillary Clinton received 83.63 percent (865,075 votes) of the votes in Chicago (source: DNAinfo) in Tuesday’s contest, I don’t believe Mr. Trump thinks he owes the “Windy City” any special favors.

In addition to being full of Clintonistas, Chicago is a well-known “Sanctuary City” for illegal aliens. As Dorothy Tucker noted on the CBS 2 Chicago website yesterday:

President elect Donald Trump… threatened to cancel federal funding to sanctuary cities.

In Chicago, that’s an anticipated $1.33 billion for 2017- money that is used for everything from building bridges to feeding students. It’s money Trump supporters don’t want the city to lose just to protect illegal immigrants…

(Editor’s note: Bold added for emphasis)

Tucker added this:

Mayor Emanuel has indicated he’s committed to Chicago remaining a sanctuary city…

(Editor’s note: Bold added for emphasis)

Drip. Drip. Drip.

That’s the sound of federal funds to the “City By The Lake” drying up.

Finally, there’s this little bit of political grandstanding more characteristic of the ruler(s) of some “Banana Republic.” Fran Spielman reported on the Chicago Sun-Times website back on November 1:

Chicago may well have earned Donald Trump’s unflattering ‘war zone’ label after piling up 17 homicides last weekend and 633 already this year.

But don’t tell that to a City Council filled with Democrats.

On Tuesday, the Council followed through on its promise to strip the Republican presidential nominee of an ego tribute he covets: the honorary ‘Trump Plaza’ designation outside the 96-story Trump International Hotel & Tower on the Chicago River that bears his name in huge, white letters

(Editor’s note: Bold added for emphasis)

If rabid opposition and Sanctuary City-status didn’t already motivate U.S. President-elect Donald Trump to steer federal funds to other areas of the country, it’s a pretty good bet this stunt was the icing on the cake.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Byrne, John. “Emanuel ‘not worried’ about Trump retribution, but some aldermen are.” Chicago Tribune. 9 Nov. 2016. (http://www.chicagotribune.com/news/local/politics/ct-rahm-emanuel-donald-trump-react-met-20161109-story.html). 11 Nov. 2016.

Ali, Tanveer. “How Every Chicago Neighborhood Voted In The 2016 Presidential Election.” DNAinfo. 9 Nov. 2016. (https://www.dnainfo.com/chicago/numbers/president-vice-president-every-neighborhood-map-election-results-voting-general-primary-illinois). 11 Nov. 2016.

Tucker, Dorothy. “‘Sanctuary City’ Status May Hurt Chicago With Trump Administration.” CBS 2 Chicago. 10 Nov. 2016. (http://chicago.cbslocal.com/2016/11/10/chicagos-sanctuary-city-status-could-be-a-problem-with-trump-administration/). 11 Nov. 2016.

Spielman, Fran. “Council votes to remove Trump Plaza designation.” Chicago Sun-Times. 1 Nov. 2016. (http://chicago.suntimes.com/politics/council-votes-to-remove-trump-plaza-designation/). 11 Nov. 2016.

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Friday, November 11th, 2016 Fiscal Policy, Government, Immigration, Infrastructure, Political Parties Comments Off on Chicago Could Lose Billions In Federal Funding Under Trump Administration

Chicago Weekend: 58 Shot, 11 Killed

“This Weekend’s Stupidity…

Final Stupidity Tally: 12 killed, 47 wounded
2015 weekend tally: 4 killed, 20 wounded
2014 weekend tally: 8 killed, 13 wounded…”

-HeyJackass! website Monday afternoon. Please note that one of their “kills” from the past weekend was a police-involved shooting.

The unseasonably warm weather continued in Chicago this past weekend.

As did the lethal shooting gallery.

Megan Crepeau reported on the Chicago Tribune website Monday morning:

For the second weekend in a row, more than 50 people were shot in Chicago as the number of homicides this year rose to more than 50 percent above the same period last year

(Editor’s note: Bold added for emphasis)

“More than 50 percent”

Actually 55 percent, according to the headline of that Tribune piece.

HeyJackass! (“Illustrating Chicago Values”) claims there have been 679 “total homicides” in the city so far this year.

Across town on the website of the Chicago Sun-Times Monday, Fran Spielman noted:

Mayor Rahm Emanuel’s $8.2 billion 2017 budget sailed through a City Council committee Monday along with the $50 million revenue package needed to help pay for it and the mayor’s promised police hiring surge

In fact, the biggest question surrounding the annual spending plan is whether the mayor can deliver on his ambitious promise to hire 970 additional police officers over the next two years

(Editor’s note: Bold added for emphasis)

“970 additional police officers over the next two years”

Some might refrain from referring to these prospective new hires as “additional police officers” once retirements and necessary promotions among existing Chicago Police Department personnel are factored in.

Still, I suspect each new body helps and they couldn’t come online soon enough, as the CPD still suffers from a well-publicized manpower shortage (first blogged about here) while combatting an epidemic of gun-related violence not seen in the “Windy City” in years.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

Sources:

Crepeau, Megan. “Homicides up 55 percent in Chicago after another violent weekend.” Chicago Tribune. 7 Nov. 2016. (http://www.chicagotribune.com/news/local/breaking/ct-chicago-weekend-shootings-violence-20161107-story.html). 7 Nov. 2016.

Spielman, Fran. “Emanuel’s $8.2B budget, $50M revenue package clear first hurdle.” Chicago Sun-Times. 7 Nov. 2016. (http://chicago.suntimes.com/news/emanuels-50m-revenue-package-expected-to-clear-first-hurdle/). 7 Nov. 2016.

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Tuesday, November 8th, 2016 Crime, Government, Public Safety Comments Off on Chicago Weekend: 58 Shot, 11 Killed

More Financial Pain For Many Chicago Homeowners In The Coming Days

When it comes to keeping on top of the latest financial developments coming out Chicago, I’ve been out of the loop lately (no pun intended).

As if that really mattered. Like I’ve been saying for some time now- the writing is on the wall for the “Windy City” concerning its finances.

I’ve also pointed out time and time again Chicagoans should expect higher/new fees, fines, and taxes (in conjunction with less government services) going forward.

Case in point- the next round of property tax bills. Hal Dardick reported on the Chicago Tribune website last week:

Chicago homeowners should brace themselves for sticker shock when they open their mailbox at the end of the month: property tax bills on average 13 percent higher than last year.

The big increase is mostly being driven by the record tax increase Mayor Rahm Emanuel engineered last fall to fix city pension funds for police officers and firefighters.

Cook County Clerk David Orr released tax rate figures Monday, revealing the practical effects of City Hall’s painful decision. The owner of a single-family home with the current average sale price of about $225,000 can expect to see a property tax bill of $3,633, an increase of about $413

(Editor’s note: Bold added for emphasis)

Compare this to an overall 9.3 percent citywide increase over the last three years, according to Dardick.

And just this morning one local TV news broadcast reported that the Chicago Teachers Union is demanding Mayor Emanuel raise taxes even more for school funding.

I think it’s pretty safe to say that more financial pain is heading Chicagoans’ way.

As for the rest of Cook County, the Tribune piece noted:

By comparison, homeowners in suburban Cook County typically can expect more modest increases, averaging 2 percent, although they already are paying substantially more than their city counterparts, according to Orr’s data…

Last I checked County finances weren’t too pretty either, so these suburban homeowners may very well be in the same boat as their city counterparts down the road.

For more information, check out Dardick’s entire article here on the Tribune website.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Tuesday, June 21st, 2016 Debt Crisis, Education, Government, Housing, Main Street, Taxes Comments Off on More Financial Pain For Many Chicago Homeowners In The Coming Days
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    It’s no secret that Singapore has become a global leader in the storage and safekeeping of private wealth. In fact, the last mention of the Southeast Asian city-state on this blog concerned a December 12, 2016, article on the The Business Times (Singapore) website which noted privately-owned precious metals from around the world are finding […]
  • List Of Offshore Private Vaults Updated
    The list of private, non-bank vaults outside the United States (offering safe deposit boxes/lockers at a minimum) located on this blog’s sister site- Offshore Private Vaults- was recently updated. Safe deposit facilities now open for business have been added under the following countries: -Hong Kong (Royal England Safe Deposit Box Ltd.) -Thailand (Magna Carta Law […]
  • Next Degussa Numis Day To Take Place May 4, 5
    Degussa, a leading international player in the precious metals world which also offers safe deposit boxes (for customers) at branches in Germany, Singapore, Spain, and Switzerland, has just posted information about their next Numis Day (first blogged about here) at their Geneva and Zurich showrooms. From their website: The Next Numis Day We appreciate and […]