Chicago lost the Bears this week. A team that's been in the city since 1921.
They didn't lose them to a bigger market or a better deal. The Bears decided they'd rather be a tenant in Indiana than deal with Illinois for one more year.
Think about how badly you have to run a place for that to be the smart move.
They lost them for two reasons.
The people running Illinois would rather villainize a builder than keep one. And they're bad at their jobs.
In 2021 the Bears spent $197M on the old Arlington Park racetrack.
Before they could break ground, Cook County valued the empty lot at $192M (Bears said $60M). They were salivating at the chance to extort a building that didn't even exist yet.
That fight dragged on for years.
The Bears were ready to put $2B into the stadium. All they wanted was a promise the county wouldn't reassess them into oblivion, plus $855M for infrastructure everyone uses. Roads, transit, utilities. A $3B project, two thirds of it private money pouring into Illinois.
Springfield had since 2021 to get this done. They dragged it to the final night of session, passed it through the Senate at 3:39AM, and the House went home without voting.
So now it's all gone.
The funniest part? This started because Cook County tried to grab the tax early. They knew a built stadium would pay $53M a year. Now they get under $4M on a vacant lot. No jobs, no buildout, no new anything.
Congrats on fighting for scraps and losing the whole prize.
Pritzker: they're "an $8.5B valued business" that doesn't need propping up.
But be smart for a second. Almost every NFL city throws in public money for a stadium. Not charity. The return is real. Tourism, hotels, restaurants, jobs, game days, property tax on a huge development. The math works.
Indiana did the math. While Illinois sat on it for years, Indiana passed a bill in months, put up $1B, and took the team.
And the Bears took a worse deal to get there. In Illinois they were going to own their stadium. In Indiana they rent it from the state. A team that wanted to build its own home gave up ownership just to escape Chicago.
Nobody won but Indiana. The Bears lost their stadium. Illinois lost the team, the $2B, and $53M a year in taxes.
Pritzker after they left: "I wasn't willing to give up billions of dollars of taxpayer money to give it to a billionaire-owned family or team."
There it is. "Billionaire-owned."
That's how Democrats talk about any business right before they run it out of town. Call them a billionaire, act like you're saving working families, take a victory lap while the tax base drives across the state line.
Meanwhile they're running the whole state into the ground. And you already know how this ends. You're living in it.
Pensions are $143B in the hole, worst in the country and not close. You pay $6,285 a year in property taxes, double the $2,969 national average, for a city that's $1.15B in the red. The mayor called its finances "the point of no return."
When you run things this badly, you sell what's left.
They leased the parking meters for 75 years to Morgan Stanley and a sovereign wealth fund in Abu Dhabi. Took $1.15B and burned through it in two years. The investors already made it all back, with 58 years left to collect.
Sold the Skyway. Sold the downtown garages. Every asset that made money, gone for one check.
But a fixed property tax rate for a team that's been here 106 years? That's "propping up billionaires."
Companies are leaving. Boeing for Virginia. Caterpillar for Texas. Citadel for Miami. In 2023 alone Illinois lost 56,000 people and $6B in income to other states. The ones who left earned a third more than the ones who moved in.
Indiana didn't outbid anyone. AAA credit, 16 years straight. A $676M surplus. Fourth-lowest debt per person in the country. They just weren't a disaster.
Illinois could have collected $53M a year. It chose zero. Ignore all the bad management but make sure to stick it to those evil, pesky billionaires.
🚨 Here is the full 40 minutes of my crew and I exposing California fraud, Minnesota was big but California is even bigger... We uncovered over $170,000,000 in fraud as these fraudsters live in luxury with no consequences. Like it and share it, the fraud must STOP.
We ALL work way too hard and pay too much in taxes for this to be happening. These fraudsters have been able to defraud American taxpayers for years without any pushback from the public and politicians.
It is time to EXPOSE IT ALL and end America's fraud crisis.
Dear Chuck Schumer,
Hi. Black dude here. I can trace my family ancestry to slavery. I even know where they were slaves. My mom experienced Jim Crow. I think I’ve watched every episode of “Eyes On the Prize” when I was younger.
With that said…
Can you directly explain to me how the SAVE Act is “Jim Crow 2.0?” Literally every black person I know has ID. Literally every black person I know has a car or at least a ride. Literally every black person I know knows how to vote (well… except the ones with felonies… but they don’t count).
With your advanced white liberal thinking, you must know more than me. Apparently, as I experience daily on this app, white liberals are experts on being black; even more so than actual black folks. Perhaps you could explain it like I’m five. I’d look it up on the internet, but Kathy Hochul has already told me I don’t know what a computer is and Joe Biden said I can’t navigate it, anyway.
Looking forward to your answer.
No hugs.
Zeek
@realannapaulina The House should vote NO on every single one of Senator Thune’s priorities until the SAVE America Act is passed.
If you get a contingency of brave House members that will commit to NO votes, we will 100% have your backs.
Liberals: “NO KINGS”
Trump: eliminates a defacto King
Liberals: “how dare you”
Liberals: “Women’s Rights”
Trump: takes out dictator that oppresses women
Liberals: “how dare you”
Conclusion: Liberals will never be happy
BREAKING
HOLY COW!
It’s working!
Senator Dave McCormick (R-PA) just made a public statement in support of the talking filibuster — not a rules change.
“No fake filibusters. Those who oppose this 80-20 issue can come to the Senate Floor, make their case, and then let’s vote.”
Can we all publicly THANK @SenMcCormickPA?
👏
@SenatorTimScott@natashahipp This is great, but we also expect the promise of election security.
Pass the SAVE America Act.
We care about election security more than anything else.
@LeaderJohnThune I mean this as respectfully as possible.
I’m trying to be nice.
How can you blame the democrats for shutting down the gov’t for 18 days
when you’ve been sitting on the SAVE (America) Act for 327 days?
Pass the SAVE America Act & secure our country’s future.
Peacefully.
We must pass the #SAVEAmerica Act to restore confidence in our elections and ensure only U.S. citizens vote. This is a priority.
No fake filibusters. Those who oppose this 80–20 issue can come to the Senate Floor, make their case, and then let’s vote.