Monday, March 21, 2011

Corrupt Chicago mayors

For more than a quarter century, under two mayors, Chicago has generated hundreds of millions of dollars from "Tax Increment Financing" (TIF) programs that were supposed to benefit blighted communities — but most of the dollars went to some of the city's most powerful corporations, leaving the inner city communities further behind as the national and local economy weakened.Substance News
This is another of those redevelopment programs; the one Republicans love because they are licenses to steal.
HT Anti-planner

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