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#1 |
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http://www.alternet.org/economy/1552...e/?page=entire
"Here is how the “infrastructure trust” works: the city pays for upgrades to its roads, rail or schools with dollars pooled by Emanuel’s friends from the banking and investment world. Meanwhile, the city retains “ownership” of the infrastructure, though this comes at the cost of having to ensure a revenue stream for the fund. Emanuel’s favorite example is his $225 million pet project to green-retrofit some of the city’s older buildings. The savings on energy usage stemming from the renovations are then extracted and used to pay off investors. Of course, the city could also sell municipal bonds to raise necessary funds, and then use the savings in energy costs to pay the loan back at a much lower cost to taxpayers. But then Emanuel’s friends (and campaign donors) would not be the richer for it." |
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#3 |
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Something tell me they won't be getting any richer for it anyways. i see incredible deals on Craigslist. i know one guy who is selling an impeccable 30 year old Mercedes, which i am thinking about going for - i would have to sell 2 gold fracs to pay for it. OK sort of went off on a tangent. Rahm's Zionist friends that are benefiting from the manipulation of Chicago politics - what matters is that their economic position improves relative to that of the politically non-represented (Chicago gentiles). but true, i don't know the exact details of Rahm's Scam. kind of reminds me of Soviet Russia, though - Jew administrators & politicians tossing favors to their Jew friends. |
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