Hole-digging Chicago style

The more things change . . .

Mayor Rahm Emanuel is pitching Wall Street investors on the latest city borrowing plan, a $1.2 billion package that, like previous versions, pushes hundreds of millions of dollars of debt into the future at higher costs to taxpayers.

The mayor is continuing scoop-and-toss borrowing, which involves paying off old bonds with the proceeds from new ones — a practice akin to taking out another mortgage on a house to pay off the old mortgage, kicking payments down the road.

An Emanuel budget spokeswoman said this year marks the last scoop-and-toss bond issue.

And I believe her, don’t you?

via Six years after Daley, Emanuel still using high-cost borrowing practices – Chicago Tribune

Schocked, shocked at Chicago story . . .

Is Heather MacDonald allowed to say this about it?

Anti-police activists and the mainstream media are incensed at the suggestion that the Black Lives Matter movement could have influenced the behavior of the four individuals in Chicago who tortured a disabled white man for hours last week while yelling “Fuck white people” and “Fuck Donald Trump.”

In one sense, the activists and media are right: The influences were broader than that. They include the reign of racial victimology, inner-city gang culture, and black anti-white animus.

The people’s court does not think so.

via A Window Into a Depraved Culture | City Journal