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Self-restriction, self-denial, self-discipline, temperance, moderation, spending freezes, et.al., are so passé. Especially if you live in Chicago. 

Illinois has a “historic $4 billion backlog of state bills.

Mayor Daley prepares for mass layoffs in Chicago. (h/t Riehl World)

CTA board expected to voted today and approved an increase in transit fares, again

The agency blames higher costs and Gov. Rod Blagojevich’s decision in January to extend free rides to seniors.

Rob Peter to pay Paul. Some people call this “sharing our toys,” others call it “socialism.”

The CTA’s still got to raise fares even though there’s an increase in passengers?” Rome, 56, said in disbelief. “Is somebody stealing money from the CTA, or does the head of CTA not know what he’s doing?”

I think he’s onto something. Gov. Blagojevich confesses:

Blagojevich has countered criticisms of the senior free rides and his veto of the transit subsidy by saying the CTA has failed to manage it money well, despite a sales tax increase for transit that the legislature passed in January. Blagojevich begrudgingly accepted the tax hike, but he added the senior free rides.

Now, nine months after the tax increase, a statement Thursday from the governor said it is “unfortunate that the CTA is now asking riders to bail them out.”

Wonder how P.E. Obama will pay for those social programs? Look no further than the Windy City and get ready to empty your pocketbook. It’s part of the Chicago  Way.

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