Abu Dhabi Shares Profits From Parking Meters

In fact, a Chicago News Cooperative investigation has found that investment arms of the oil-rich Abu Dhabi government hold more than a 25 percent stake in the company that privatized the city’s 36,000 parking meters. German financial company Allianz also has a large...

Parking Meter Rates Going Up

The rates will soon go up for people parking in the city.  Electric pay boxes will begin charging $5 an hour in the downtown area, up from $4.25.And it will cost $3 an hour to park on streets outside the downtown area.  The rate increase will go into effect Jan. 1. ...

Your in Debt, Your Children are in Debt

Tribune ran a great story this week about how the city is hopelessly in debt.  The story is worth reading and can be found here; but what’s really interesting is a chart (actually a series of charts) attached to the story.  Here’s what you need to know:...

Yes Virgina, People Flee High Taxes

The results of the 2010 Census are coming in and show: First, the great engine of growth in America is not the Northeast Megalopolis, which was growing faster than average in the mid-20th century, or California, which grew lustily in the succeeding half-century. It is...

U.S. Attorney’s Office Disclosure

[T]he entire annual $32 million budget of the Chicago U.S. attorney’s office [is covered by collections.] … The U.S. attorney’s office here collected from criminals and civil defendants three times as much money as it spent in taxpayer dollars this year,...