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.
🚨 BREAKING: In a BOMBSHELL MOMENT, Former President Bill Clinton testifies UNDER OATH that President Donald Trump was not involved with Jeffrey Epstein, according to his knowledge
"Trump has never said anything to me to make me think he was involved [with Epstein]."
WOW!
Cue the liberal meltdowns.
TRUMP EXONERATED.
Who do I start in my https://t.co/Ubq3Y7Haen League? Josh Johnson vs DAL, Malik Willis vs BAL, Quinn Ewers vs TB //www.cbssports.com/fantasy/football/who-do-i-start
Bill Maher drops a reality bomb on Zohram Mamdani voters with a brutal history lesson on socialism.
“We’ve run this experiment many times, and the results are always obvious,” Maher said.
He looked straight into the camera and delivered a blunt warning about Mamdani.
“Democrats must recognize that Zohran Mamdani is the future of the party. Unfortunately, it’s the Republican Party.”
“Here’s capitalist South Korea at night from space,” Maher presented, showing a country lit up and thriving.
“Here’s socialist North Korea,” he followed, with the map pitch dark.
“Yeah. In 1990, Venezuela was wealthier than Poland. But then Poland, finally free of Soviet style economics, went all in on capitalism and now their economy is as big as Japan and people there have high wages, low inflation, cars, vacations, homes.”
“Meanwhile, Venezuela traded capitalism for Hugo Chavez’s socialism for the 21st century, which turned out to be like socialism in the last century or any century, a f*cking mess.”
“It turned one of Latin America’s richest countries into one of its poorest. Low wages, high inflation, shortages, outages, 8 million people fleeing. If you think New York can somehow reinvent this wheel, you’re in for a rude awokening.”
President Trump has had to send National Guard troops to cities due to extreme crime.
The last Republican Mayor in those cities…
DC: Never
Chicago: 94 years
Portland: 45 years
Memphis: 54 years
Los Angeles: 24 years
See a trend?
Everything the Democrats touch…
Day 2 without internet @CoxHelp. Constant outages and expensive service has me looking elsewhere. Metronet trucks are in the neighborhood. It won’t be too long before I can make the switch.
Help! West Point-Beemer folks? West Point is my prime candidate for the 1974 Class C district champs at the Wisner meet. And, I have photos from the great WP-B trophy cases. The girls' trophy says "1974", but what about the boys' trophy? Could someone take a look for me?
Ricketts needs to sell the team if he isn't going to make winning the biggest priority. Olney is correct, the Cubs players, coaches, and fans deserve better.
https://t.co/GSXySndpZc
Things will never be the same again.
DOGE will become the standard across the western world.
The old style of politics that enabled corruption and abuse of public funds is dead.
Accountability and transparency is now the standard.
We’re entering a new era for humanity.
@RepGregStanton Most of the products in that list have USA produced options. If you, as a consumer, wish to pay extra for the products produced elsewhere….feel free.
@GoBigRedCast I say this with extreme impartiality (and I’m home, not there). I don’t think I’ve seen a road team get screwed this bad in a long time. How they miss a double-dribble and some of the fouls is ridiculous.
This is Kamala Harris’ America
Senator Marco Rubio shows Americans “They've worked here their entire lives. They retire. They get $800, $900, a $1,000 a month from Social Security. — Somebody who just got here from Cuba 3 months ago — is given $1,500 a month”
“So imagine if you've been working here for 40 years and your Social Security check is smaller than the benefits going to a 28 year old, Able body person who just got here.
That's real. That happens. That's happening every day. That makes no sense.”