Check out this ten minute interview from Outside The Loop radio to get an overview of TIFs and a sneak preview of the 11th Ward TIF Illumination coming up on June 5.
11th Ward TIF Illumination Preview
Category Archives: Democracy
Coverage Of 4th Ward Illumination
Despite a Bull’s playoff game 50 people came Room 43 on Monday, May 13 for the 4th Ward Illumination. Read the coverage at Progress Illinois. See the presentation and listen to the audio at SlideShare.
Pass The Privatization Transparency Ordinance
Is your alderman on the list of sponsors of the Privatization Transparency Ordinance”? If so, call them and tell them to get it out of Alderman Mell’s committee and have voted on by the full City Council.
The sponsor is 6th Ward Alderman, Roderick Sawyer. He said, upon introducing this bill in November of 2012, “I do not believe that there are no good privatization deals, I just think we should be clear about which deals are in the best interest of the city and which are not. I have a concern about touting a monetary savings if we haven’t thought about the people that will lose a job, the families that could lose a home and the local businesses that could lose a loyal customer. ”
Download the proposed law here – Privatization Transparency and Accountability Ordinance. Read it for yourself.
If our City Council can’t pass this, they should all be fired in the 2015 municipal elections.
Would You Like That All In Small Bills?
The Chicago Tribune reported the obvious today.
AREA Chicago Distributes 5,000 Copies Of TIF Poster
Thanks to the great folks at AREA Chicago we are distributing 5,000 copies of the TIF Illumination Project’s graphic poster showing the results of our investigation of the 12 TIFs inside the 27th Ward. Awesome! The poster was written by Tom Tresser based on data research lead by Cory Mollet and designed by Carlyn So. The Spring 2013 issue focuses on housing.
TIF Illumination On WVON March 23
TIF Illuminators Tom Tresser and Bea Jasper (organizer of the Englewood TIF Town Meeting) will be on “The GreenPreneur Show” on WVON on Saturday night, March 23, from 5-6pm. Listen live here. The call in number is 773-591-1690. Let’s talk TIFs on the South Side. Our next TIF Town Meeting is in South Shore on March 30. Connect with the TIF Illumination Project.
Washington Park TIF Town Meeting Packed!
I presented on the six TIFs in the 20th Ward at the Washington Park TIF Town Meeting. Wow. It was packed. Cliff Kelley was the emcee and the attendees had LOTS of questions. We are on to something with the TIF Illumination Project! Below are the presentations plus audio (56 minutes).
Watch Feb 12 TIF Town Meeting
Thanks to the great folks at CAN-TV you can watch the February 12 TIF Town Meeting produced by The Tax Integrity and Fairness Alliance at the Chopin Theater (1 hour, 22 minutes). View the media coverage and my presentation materials on the impacts of the 12 TIFs inside the 27th Ward here.
Power For Social Change
I’m doing a webinar on December 13 for the Northeast chapters of the National Network of Statewide Afterschool Networks on power and social change. “Are nonprofit leaders, workers and constituents doing enough to advance the causes of social change, social justice and compassion in America? How is the nonprofit sector doing, as a whole? Are we strong, healthy, powerful, fighting and winning for the kids we care so much about? Who is winning politically and policy-wise in America and what can we learn from them? Is there some uncharted territory that may hold NEW solutions to old problems in this arena?’
HSBC Too Big To Indict
From the front page of today’s New York Times:
“State and federal authorities decided against indicting HSBC in a money-laundering case over concerns that criminal charges could jeopardize one of the world’s largest banks and ultimately destabilize the global financial system.
Instead, HSBC announced on Tuesday that it had agreed to a record $1.92 billion settlement with authorities. The bank, which is based in Britain, faces accusations that it transferred billions of dollars for nations like Iran and enabled Mexican drug cartels to move money illegally through its American subsidiaries.
While the settlement with HSBC is a major victory for the government, the case raises questions about whether certain financial institutions, having grown so large and interconnected, are too big to indict. Four years after the failure of Lehman Brothers nearly toppled the financial system, regulators are still wary that a single institution could undermine the recovery of the industry and the economy.
But the threat of criminal prosecution acts as a powerful deterrent. If authorities signal such actions are remote for big banks, the threat could lose its sting.”
You think? First these criminal institutions were too big to fail. Now they’re too big to indict. Sounds like the government is granting effective immunity to banks and corporations to break the law with little effective punishment. If it’s just a fine – well, that’s now the price of doing business. A price that’s passed on to the consumer, which would be us.
Folks, these banks are accused and are guilty of money laundering to terrorist outfits, rogue states and the drug cartels. Aren’t we “at war” with those players? Not to mention tax evasion, criminal fraud, collusion, cover-ups and a pervasive culture of greed and venality. Apparently ANYTHING is OK when there is profit to be made.
Where is the outrage from America’s universities, law schools and business schools? Where is the revulsion and alarm from the columnists, pundits and politicians who have defended the market so unhesitantly?