NOT surprised…
When the Obama Foundation snagged a sweetheart deal to build its beleaguered Obama Presidential Center in a Chicago public park, it pledged to create a $470 million reserve fund to spare taxpayers should the project ever go belly up.
But new tax filings show the foundation has only deposited $1 million into the fund and has not added to it in years, with critics saying the empty promise could potentially leave Chicagoans on the hook for hundreds of millions of dollars.
Under its agreement with the city, the foundation was required to create the fund, known as an endowment, to take control of a sprawling 19.3-acre section of Jackson Park — often described as Chicago’s Central Park equivalent — where the complex is now slowly rising.
Full article, HERE from Fox News.
And the overruns are already pushing the cost from $330 million to an estimated $800 million…
I wonder how much has been scraped off by ‘friends’ to fatten their wallets???
And the people of Chicago will end up footing the bill… sigh
Did we really expect anything different? Just another grift by a serial grifter.
X2
Because most Chicago voters are cursed with mental disease of Incurable Voting Habits (IVH) they would still have voted straight ‘D’ even if they knew this was going to happen. Those not cursed with IVH know that what they’ve done in the past is an indication of what they’ll do in the future and voted against him. The seditious gay Kenyan commie knew he could easily get away with this in Chicago.
“seditious gay Kenyan commie ”
Careful, don’t defame him. It’s most unlikely that he’s Kenyan.
I got a brain cramp trying to read through that link. From where, exactly was this $470 million supposed to come? I may be way off base, but could it be possible USAID money was expected to flow into this fund during a Harris administration?
I think they should leave it as is, place a fence around it, let the graffiti accumulate, and let those in the future know what a train wreck Obama was on the United States.
👍
Now THAT is a hell of an idea!!!! Bravo!!!!!!!!!!!!
Well put.
That is an excellent idea.
That is an excellent idea.
Then, when it eventually catches fire and burns down, put a big sign out front of the scorched hole: “Obama’s Legacy”.
Off topic rant removed.
You can fool some of the people some of the time, but you can fool Chicago people all of the time.
Maybe Trump will come in with Nat Guard Engineers and demolish it 🙂
One has to start with a heart full of hate to become the kind of Disgusting Leftist Extremists we have seen these past few decades trying to destroy America (USA).
Yes you have to be a Left-wing E extremist, (a “Democrat”), in the class of Antifa and similar Violent Lunatics. The kind you see in the mirror, Komrade.
The Left has always been like this. Ever since their leftist activist approach to government. Liberals think they alone are anointed to rule the masses. They’ve especially been pissed when Newt and Co. took the House in 1994 for the first time in forty years then. Ever since, it’s been crybaby time for Democrats. Oh they managed to get their way when the Mulatto Menace and Joe BiteMe were in the Oval Office. But as more Americans aren’t buying what they’re selling, Democrats have gone totally batshit insane, just a look at Biden, and or Kamala is enough to Prove the point!
Better that than to accept that You Killed Your Own Child or Children with Abortions, you greedily think you are entitled to other people’s money, you can’t maintain your open minded and tolerant claims, when it comes to anyone or anything that challenges your views, you saturated your brain with violent games and rhetoric to escape reality and to act out like you are the hero and everyone else who challenges you are the villains, add drug use to amplify all of the above.
These neo-leftists want the rich to redistribute their wealth to benefit them when they are in the lower classes, yet how many rich neo-leftists are redistributing their wealth? Is Nancy Pelosi willing to give up her wealth? Today even Bernie Sanders and AOC say their wealth is off limits for redistribution. Is Obama lying about helping the poor with his money? Biden’s Dementia?. Everybody who is a loser and poor wants the rich to redistribute their wealth, but when they come into money they tell the poor to “f” off. Moral of the story? Don’t listen to stupid Neo-leftists. Just image being more upset about the Cancellation of a TV show then the Assignation of an Innocent Intelligent Young Man because he was a Republican!
The people of Chicongo deserve it, good and hard.
But they still won’t learn anything. Between the media and the schools, they have been rendered incapable of learning.
All- Can’t disagree with anyone… sigh… But graffiti… LOL
Move Obama into the Biden library.
Bob- So, they could share a double wide???
When I first saw thar this morning saying taxpayers could be footing the bill, I was all WTF??1??!!!!??
Then I saw it was Chicago taxpayers and it went to LOLOLOFL.
Hey Old NFO;
The article didn’t mention that part of the reason for the massive cost overruns is the fact that only “minority owned” businesses” can bid on Obunglers legacy and they are incompetent so the cost keeps going up as they have to bring in other contractors to repair the damage caused by the “Set asides”.
Plus I am sure that there is a Donk politician somewhere dipping his beak in the till somewhere…..of course that is the Chicago way.
Hope it bankrupts the city that gave us the jug eared Marxist race baiter.