Category Archives: Community

Sound Off At TIF Town Meeting

A powerful portable public address megaphone or bullhorn.I’ll be presenting at a community town meeting on TIFs on February 12 at the Chopin Theater! Find out the details and RSVP on Facebook.

Featured Speakers:

At the end of 2011 there was $1.39 billion left in TIF bank accounts, yet the City claimed a budget deficit of $636 million at the start of 2012. 30% of Chicago is a TIF district!

The Tax Integrity and Fairness Alliance is hosting a Town Meeting to spread knowledge and demand change on Tuesday, February 12th from 7-9pm, at the Chopin Theatre, 1543 West Division.

Featured Breakout Groups: Citizen Investigation, “Become a TIF Illuminator” with Tom Tresser. Participatory Budgeting, “Design Your Own Utopia” with Sharon Post of Chicago Political Economy Group. “Grassroots Organizing,” with Steven Serikaku, retired CTU teacher and PDA-IL activist. Speak up. Bring your questions!

Download a flier = TIF Town Meeting flyer / Download the press release = TIF Town Hall press release

 

We Will Pay More For Infrastructure

From Reuters MuniLand Service, reported by Cate Long:

Two major American cities are embarking on large capital programs, but in very different ways. Boston Mayor Thomas Menino has a $1.8 billion, five-year plan that he will fund with municipal bonds, while Chicago Mayor Rahm Emanuel is trying to push a $7 billion plan, which will be paid for by private investors, through the city council. It would be hard to find to two more dissimilar approaches to rebuilding America’s urban infrastructure or two more different lists of who will reap the monetary benefit of the improvements.

Boston approaches its infrastructure needs with a rolling five-year schedule of projects that is updated on an annual basis. This allows for more controlled expensing and planning. In contrast, Chicago’s Emanuel announced his infrastructure privatization plan in January with very few details and buy-in only from the private investors who will benefit from their involvement. The Chicago proposal gives control of infrastructure decisions to a panel of four private citizens and one city council member with no ability for the city council to have oversight on projects and contracts. Chicago has a terrible history of leaving taxpayer money on the table in its privatization efforts. In 2008 the city’s parking meters were leased out to private investors for a tiny sum

We Need To Upgrade US Education

From the Center for American Progress comes a new study, “The Competition That Really Matters: Comparing U.S., Chinese and Indian Investments in the Next Generation Workforce.” Download summary (12 pages) = The Competition That_Really_Matters-summary.

“To position the United States for the future, substantial investments are needed in research, infrastructure, and education. The most important of these areas to address is education. Why? Because as this report shows, the overwhelming economic evidence points to education—and human capital investments, generally—as the key drivers of economic competitiveness in the long term.”

Are you hearing anything like this in the current flurry of ads around the Presidential race?

Tom Has A Big Idea

The August issue of “Chicago Magazine” has a feature on how to make Chicago even better.  They selected six Big Ideas. Mine was #5. It’s about establishing a public bank for Illinois.

“THE RATIONALE: A state bank could help Illinois reduce its budget deficit and make more credit available, thereby boosting the economy.

THE PROPONENT: Tom Tresser, cofounder of Illinois Citizens for Public Banking and a former teacher who coorganized the opposition to the 2016 Olympics

HE SAYS: “Illinois has more red ink than any state but California. It owes $34 billion in principal on its bonds; pension debt stands at $76 billion, the highest in the nation; and it pays a ton in bond interest and fees, not just because it has a poor credit rating but also because it also uses big out-of-state banks and investment firms to do the deals.

“Contrast that with North Dakota. Since the economic downturn began in 2008, North Dakota has had a budget surplus every year. It has no state debt, excellent credit, and the country’s lowest unemployment rate [3 percent]. While student loans in Illinois carry interest of 8 to 12 percent, in North Dakota it’s 4 percent.” Read the full story.

Tom’s Talk About (and Prototype of) The Gift Economy

I presented at TEDxIIT on Saturday, April 14, on the south side campus of IIT. I talked about The Gift Economy and created one among the attendees. 82 of the 100 attendees actually offered something to their fellow attendees!

Here is the presentation:

Click on the player below to listen and click on the Slideshare viewer to watch the presentation.

View more PowerPoint from Thomas Tresser
You can watch all the presentations here – http://mypages.iit.edu/~tedxiit/video2012.html

Support Will Guzzardi for State Rep

Will Guzzardi is the real deal. I’ve been urging cultural workers, nonprofit managers and social change agents to run for office for over 20 years. I tried it myself. Will is a grassroots journalist and has done investigative work on social change issues and has fully participated in the social change movements in his community of Logan Square. Now he is a candidate in the race for the Democratic nomination for State Representative of the 39th District. He has got the Democratic Machine on the run! Listen to this seven minute speech and you will know why the people of the 39th District are excited about the idea of having a real fighter for the 99% representing them – and not a mouth piece for large corporations, the tax evasion industry and big pharma – they ALREADY have enough paid reps shilling for them!

Join the push to take back our local government from the 1%!