Need to Know, August 3, 2012: Rahm’s grand plan

Ray Suarez

This week, Need to Know reports on Chicago’s crumbling infrastructure and Mayor Rahm Emanuel’s controversial plan to fix it by partnering with private businesses in lieu of raising taxes.

Ray Suarez interviews Ed Rendell, the former Governor of Pennsylvania, about whether or not Chicago’s infrastructure plan may be scaled for use in other cities.

On our American Voices segment, Garrett Ebling, a survivor of the 1-35 bridge collapse in Minneapolis in 2007, talks about the need to raise awareness about the nation’s infrastructure woes.

Read the transcript for this week’s episode.

What’s on this week:

Rahm’s grand plan

A report on Chicago’s crumbling infrastructure and Mayor Rahm Emanuel’s controversial plan to fix it by partnering with private businesses.

Interview: Ed Rendell

The former Governor of Pennsylvania speaks on the scalability of Chicago’s infrastructure plan.

American Voices: Garrett Ebling

A survivor of the 2007 bridge collapse in Minneapolis talks about raising the awareness of the nation’s infrastructure problems.

Watch more full episodes of Need to Know.

 

Comments

  • http://www.facebook.com/mike.malfi Mike Malfi

    FIRST GET RID OF RAHM, LIKE NYC NEEDS TO GET RID OF BOOB-BERG. THEN GET A MAYOR WITH STONES, LIKE PHILLY’S RIZZO OR NYC’S GUILIANNI. SOMEONE WHO KNOWS HOW TO BE TOUGH ON CRIME AND CRACK THE WHIP ON THE LOW-LIFES RUINING A GREAT CITY, BEFORE IT TURNS INTO ANOTHER DETROIT. PICK UP THE GARBAGE, FILL THE POTHOLES, DUMP THE DEAD WOOD, AND FORGET THE WIMPY ARTS PROJECTS AND ESPLANADES. REBUILD THE DOCKS, BRIDGES, POWER PLANTS, ETC., AND BE A PROUD MUSCLE CITY AGAIN. NYC IS NOW SO OWNED BY THE BANKSTERS AND FINANCIAL CROOKS ITS TOO SCARED TO OFFEND THEM, WHICH IS WHY BOOB-BERGS ABLE TO BUY HIMSELF AN ILLEGAL THIRD TERM. RAHMS A NOTORIOUSLY DISHONEST EGO MANIAC, OUT FOR PERSONAL GLORIFICATION AT THE EXPENSE OF THE PEOPLE WHO REALLY BUILT THAT CITY, AS OPPOSED TO THE PHONY  OBUMMER TYPES. RE-FORM AMERICA, RETURN TO AMERICA.

  • Farmlade

    On interview with Rahm Emmanuel – why did you not ask what the consequences would be to the City of Chicago if this fund of private bank money was not repaid?  Yes, the 1% wants to find places for their money – they also want control over resources and labor.  

  • http://pulse.yahoo.com/_JWVWHDYSC2Z6UZNCTZSY6PKSBY Anne Griffin

    where is the returns going to come from the electrical co. are

  • http://pulse.yahoo.com/_JWVWHDYSC2Z6UZNCTZSY6PKSBY Anne Griffin

    the electrical co. are going to raise water and suer also a private co. with THE meeter THING IT HAS has already took over jax fl this will keep the banks unpunishable our money was stold for our roadway and the post office which is a privae intaty is missing its retirement funds already jax had been for years all about roadway and still where i live they had to patch the water system four time totaly rotton WHERE DID THAT MONEY GO TO –IN THE POCKETS OF THIEFS

  • http://pulse.yahoo.com/_JWVWHDYSC2Z6UZNCTZSY6PKSBY Anne Griffin

    SEVERAL CITYS ARE ALREADY SUEING FOR THIS SAME THING ITS A RERUN FOR THE BANKS TO FINSH OFF AMERICA

  • http://pulse.yahoo.com/_JWVWHDYSC2Z6UZNCTZSY6PKSBY Anne Griffin

    I AM BEGINNING TO THINK they are all thiefs

  • http://pulse.yahoo.com/_JWVWHDYSC2Z6UZNCTZSY6PKSBY Anne Griffin

    WHERE DO THEY GET THIS MONEY ITS EATHER THE TAX PAYER OR SOME ONE RETIREMENT FUNDS OR SPEEDING TICKETS TOLLS PARKING MEETERS THE 1 % MAJOR BIG WIG IS GOING TO GET INTEREST ON THEIR MONEY ANDTHE OTHER 99% IS GOING TO LOOSE LIKE THE POST OFFICE HERE IN JAX FL 

  • http://pulse.yahoo.com/_JWVWHDYSC2Z6UZNCTZSY6PKSBY Anne Griffin

    THE ONLY WAY WE ARE GOING TO PULL OUT OF THIS IS TO CRUSIFY THEIFS AND EMBEZZLERS AND PUT THEM ALL IN JAIL LIKE THE WAS TRING TO DO TO US SLAVES( 7.00 PER HR FOR 20 YEARS )AND TAKE BACK ALL OF OUR MONEY (TAX PAYERS)

  • Private Private

    I am certainly skeptical about the private-public concept. If the city remains in control of the revenue and chooses when to pay out to the private entity then I would be less concerned. If the private companies are directly in control of the financials and revenue for these projects with the city merely having “oversight” then I would raise more than just an eyebow of concern.

    How “necessary” all these projects are I am sure could be debated. I would be skeptical that some of the projects are just elitist “handshakes” to large construction firms in IL.

    Yes some projects are necessary, like the bridges, mass transit, etc., but i can see some not so necessary jobs slipping in to line the pockets of large campaign contributors to Rahm and fellow politicians.

    Rahm has built such a reputation on a national level for being willing to bend the lines of what normal Americans would consider moral and immoral. I honestly do not know how he managed to get past all the hurdles and rules that were preventing him from running. I heard about them but never cared enough to “follow” his campiagne.

    Anyways, I would just sum it up as it is likely some of these projects are good for the city, but it is also likely that, given Rahms track record, there will be jobs slipped in as favors to his “friends.” Of course then again that is the story of far to many politicians of today I would suppose.

  • http://profile.yahoo.com/YF6HK2YXOHA754BLKZOTEBD564 David

    I am reminded of the early 1930s in San Francisco when they built the Golden Gate Bridge. The people of the city put up their homes as collateral to guarantee the loan. The project came in ahead of
    schedule and below cost. Try that now! The bay bridge that received damage in the 1989 earthquake  has been under repair now for about 20 years and it still isn’t done. It was built in around 4-5 years!
    We can’t even fill in “pot-holes” in our streets anymore. Sad…

  • http://www.facebook.com/johnnie.booth.9 Johnnie Booth

    I have three questions:
    1. The premise of City Government being positioned to pay for these projects are based on projections of cost savings, more than likely prepared by those coziest with investment bankers (re: Confessions of an Economic Hit Man), which may or may not come to fruition. What happens if the City defaults?
     
    2. After the home mortgage debacle can we really trust investment bankers?
     
    3. There are quite a few minority and women-owned firms that receive municipal,county and state contracts based on their minority ownership status. If these projects are privatized, then  how can these government bodies encourage or enforce minority/women participation?  
     

  • Elloco

    the same lenders who got us in this mess are the answer?