If you live in Chicago, you may or may not know that your city gave up the right to open its streets for street fairs, that its parking meter revenue does not flow to city coffers and that your aldermen do not have or at least did not have the power to change the hours that you must pay your parking meters.
I learned these facts from a book by Matt Taibbi: Griftopia.
And whether you live in Chicago or not, if you care about your country, you need to read that book, especially the chapter entitled "The Outsourced Highway."
There, Matt Taibbi describes how Mayor Daley leased the parking meters and therewith authority over the use of the streets for street fairs and the right to decide whether you pay the meter on Sundays or between 6 and 9 pm in the evening. To whom was it leased? To a Morgan Stanley fund that quite probably includes a large minority of investors from, let's say, Abu Dhabi or maybe Saudi Arabia -- just guessing as to the true identities of the investors.
What does this have to do with Obama? If you recall, Bill Daley, Obama's new chief of staff used to work for Morgan Stanley. What is more, he is the brother of the former mayor of Chicago, Richard Daley.
Well, according to Matt Taibbi's book, while Mayor of Chicago, Richard Daley "arranged a lease deal with Morgan Stanley, which put together a consortium of investors which in turn put a newly created company called Chicago Parking Meters LLC in charge of the city's meters." Taibbi, Griftopia, pgs. 165-166. This deal was rushed through the Chicago City Council in December 2008 right when the whole nation and the city were in fiscal crisis.
Imagine. A 75-year lease of Chicago's parking meters to a group of investors, many of whom neither live in Chicago nor care about America or Americans.
And, now, Obama has appointed the brother of the author and pusher of this scheme as his Chief of Staff. The close relationship between Bill Daley and Morgan Stanley, the institution that organized this investor coup, is well known. Whether Bill Daley had anything to do with the sale or purchase of the parking meters of Chicago to the Morgan Stanley investors, I do not know.
Think about what happened there. First, 75 years is a long time -- too long -- to lease anything, much less a city's parking meters. After all, the meters belong to the people of Chicago. And I'll bet that most Chicago residents don't realize that when they put money in the meter at any time over the next 75 years, the money will not go to City Hall but to a small clique of the already uberwealthy, some of whom, if not all of whom, live in some faraway country.
Second, leasing your parking meters or a freeway in your state to a foreign investment firm is not like leasing privately owned land.
A government agency that leases a highway or parking meters or its water or its jails and prisons to private investors is relinquishing its control over those public facilities. What impact does that have on democracy?
Well, for one thing, it seems to me that it deprives voters of their ability to influence through their votes the way that public facilities are used. This is or at least was true in Chicago where, according to Matt Taibbi, the people of Chicago were told they would have to pay the investors, the lessors of the parking meters if they wish to hold a street fair on a street on which meters are placed. What if there were a huge demonstration that shut down a city street? What law would prevail? The First Amendment of the US Constitution? Or the contractual rights of the owners of the parking meters to collect revenue?
Apparently Chicago got leasor's remorse soon after closing its deal, a fact that has made other cities reconsider entering into similar deals.
http://www.bloomberg.com/news/2010-11-15/morgan-stanley-chicago-parking-windfall-makes-cities-redo-deals.htmlhttp://www.streetsblog.org/2010/11/17/cities-learn-from-chicago-parking-meter-debacle-did-goldsmith/That leads me to the next and most important question. What role, if any, did Bill Daley play in this deal? If he played a part, what sorts of nefarious dealings, if any, are he, Obama and our Republican Congress plotting against the American people at the federal level? Have they already entered into any contracts that could deprive the people of ultimate control over public property and assets?
We need some answers here. You can be sure. This sudden mania about balancing the budget is not just coming out of concern for our country. It is simply the latest propaganda campaign from the same old uber-wealthy who want to rob us of our sovereignty, make a mockery of our democracy and enslave us and our children.
75 years. That is insane.
Please comment.