The Chicago Tribune reports on the Obama-Daley-Davis-Jarrett network making money off public housing:
Demolition of Chicago's reviled high-rises became a national symbol of change and hope, but little attention has been focused on what happened next as rhetoric collided with realities.
A Tribune investigation found that almost nine years into what was billed as a 10-year program, the city has completed only 30 percent of the plan's most ambitious element—tearing down entire housing projects and replacing them with new neighborhoods where poor, working-class and wealthier families would live side by side.
and the costs:
In interviews with the Tribune, city and Habitat officials now say they need to reconsider some of their strategies. Valerie Jarrett, Habitat's chief executive, said the company will seek the advice of housing experts from across the country and also ask developers to come up with new ideas.
The sputtering effort also has translated into higher costs—with some public housing units totaling more than $300,000 to build, more than the price of a home in many Chicago neighborhoods.
You'll want to read the whole article to find out about how Obama's ex-boss Allison Davis is big player in this.Who could forgot Allison Davis' partnership with
Tony Rezko? Plus, key Obama aide
Valerie Jarrett who used to be Mayor Daley's Deputy Chief of Staff(more on
Valerie Jarrett).This is the ethically challenged Obama network who know how to make money off the taxpayers.For more on how Allison Davis and Mayor Daley's nephew
Robert Vanecko clean up on public pension funds.
