Thursday, August 9, 2012

Mike Klonsky's SmallTalk Blog: Rahm sends millions in TIF money to Penny -- not to schools

Mike Klonsky's SmallTalk Blog: Rahm sends millions in TIF money to Penny -- not to schools:


Rahm sends millions in TIF money to Penny -- not to schools

I'm still on the road but trying to keep up on Chicago happenings. Stunned but not surprised to see that Rahm isdelivering millions from his TIF slush fund to his billionaire pal Penny Pritzker for her new Hyatt Hotel.

Pritzker sits on the mayor's hand-picked school board. She's also Pres. Obama's chief campaign fundraiser.  Pritzker is also an anti-union hard-liner who's trying to bust the union at Hyatt. She's claiming that there's no money left in the budget for even small teacher raises. The union argues that TIF money can be used to help solve the crisis. But Rahm obviously has his own priorities. Pritzker obviously has a conflict of interests.
“This one example shows the fundamental corruption in the way things are done here,” said David Orlikoff of the Chicago Teachers Solidarity Campaign, a labor and community coalition growing out