“Chicago Mayor Rahm Emanuel released the city’s second Annual Financial Forecast on Wednesday. Not only does the report predict a $369 million financial shortfall for the city’s operating ‘budget’ in 2014, but it also predicts a shortfall of more than $1 billion by the year 2015. On Thursday, Breitbart News reported the city’s payroll is more than $2.4 billion, with over 2400 city employees (not including school employees) making over $100,000 a year. The payroll is by far the highest expense for the city, yet in the Financial Forecast report, it is expected to increase by $100 million in 2014.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Toronto’s first Bitcoin ATM opens to the public in a few days
More than half the members of Congress are millionaires
IRS deliberately targeted innocents for civil forfeiture program
Pakistan bans BlackBerry messaging, e-mail for “security reasons”
Another Assault on America’s Children—Electroshocking kids promoted as “safe & effective”
4 New Bitcoin Features Revealed by Core Developer Mike Hearn
Smoking Pot Kicks You Off Transplant Lists — Even In States Where It’s Legal
Crony Chicago-Based Billionaire Heiress Joins Obama Cabinet
Plainclothes NH State Police officer gets warrant to rob reporter of his camera
How one site beat back botnets, spammers, and the “4chan party van”
Bill Bonner: An Empire of Debt Leading to a "Crack-up" in the Global Monetary System
Cyprus gets €2bn EU bailout despite money laundering concerns
Schools scanned students' irises without permission as part of public-private program
Is Crazed Super Bowl Security a Taste of America To Come?
Tennessee Hearings Demonstrate Absurdities Of Asset Forfeiture