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.
There were massive international protests over George Floyd and those police involved were severely punished with long prison sentences, yet the police responsible here did not even lose their jobs!
An incredibly unjust double-standard!
Like the Islamists before them, who pillaged our sailors and forced us to CREATE the US Navy, Iran’s evil regime has inflicted so much misery on Americans.
Don’t look away: read it. THIS is who they are. For years, we were too pusillanimous to stop or punish them.
Never again.
Mr @NYCMayor,
I say it as an Iranian New Yorker: You are a human garbage.
When our people were getting slaughtered and hunted like animals by the Islamic Republic terrorists, you stayed silent. You didn't say a word. Now that the regime, the murderers of our people are under attack, you came out of the woodwork to defend them.
You are an Islamist human garbage and I fight your agenda as long as I breathe.
BREAKING: The CDC has decided to reverse a longstanding recommendation that all newborns receive the hepatitis B vaccine.
This recommendation first began in 1991.
You are about to see a bunch of people bend the knee and start pretending like socialism is not that bad.
They will do it to curry favor with various politicians.
Not me.
Socialism is dumb. It doesn't work. And it is ultimately destructive to what makes America the land of economic mobility.
Standing up for what is right is hardest when it is unpopular.
It doesn't mean you should stop doing it though.
NEW: Man goes off on a Maine school board after they tried interjecting as parents began undressing in front of them in protest of a trans athlete policy.
Board: "Point of order. We've asked that..."
Parent Nick Blanchard: "Oh, so wait, wait, wait, wait... You feel uncomfortable? Because that's what these young girls feel like when a boy walks into the locker room and starts unchanging in front of them."
The incident took place in the state's capital of Augusta.
Golf just completely misses the point sometimes. So dumb.
Sudden death playoff in the Mid Am. Heading to the second playoff hole, someone offers a caddie a ride. Caddie accepts.
Match over. Disqualified because of an inconsistent rule. You often see players get rides in playoffs. And the dude was offered the ride, he probably thought the staff knew what was going on.
At worst, the caddie should give up the bag and player could carry his own. Then the theoretical advantage of a short cart ride is nullified.
So dumb.
An account with 5 million followers on X posts a fake photo of suspect Tyler Robinson wearing a Trump shirt and quietly follows up in a thread with the real photo.
The fake photo (which hasn't been deleted) gets 400k impressions in an hour, and the real one gets 50k.
There appears to be a coordinated effort right now to spread as much fake information as possible to label the alleged Kirk assassin as a far-right Trump supporter.