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(CBS News)   Chicago parking meters on track to earn a better hourly wage than Walmart employees by 2014   (cbsnews.com) divider line 74
    More: Sick, Chicago, parking meters, Wal-Mart, Loop, CBS Chicago, Chicago parking meters, distinctions  
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5751 clicks; posted to Main » on 27 Dec 2012 at 2:42 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-12-27 02:44:17 PM
Parking meters don't sit in one place all day, <b>hurtstopeemitter</b>.
 
d23 [TotalFark]
2012-12-27 02:44:30 PM
Walmart employees contribute NOTHING to the store's bottom line. They don't deserve to be paid enough money to eat and have a roof over their heads. The CEO, on the other hand, deserves his 8 houses and 5 cars.
 
2012-12-27 02:44:52 PM
GAH STUPID HTML
 
2012-12-27 02:46:04 PM
The company that operates the meters, Chicago Parking Meters LLC, plans to have all machines set to new rates by the end of February.

Former Mayor Richard Daley got the City Council to approve the company's 75-year contract in 2008. In return, the city got a $1.1 billion payment, much of which has already been spent.

Current Mayor Rahm Emanuel has ordered an independent audit of the deal, which is now largely viewed as a financial disaster.


PRIVATIZE EVERYTHING.
 
2012-12-27 02:46:15 PM
They probably get awesome insurance with dental and mental health care, too.

I should have went to college to be a parking meter :(

Stupid MFA.
 
2012-12-27 02:46:41 PM
$6.50?! Holy crap.
 
2012-12-27 02:48:10 PM

tricycleracer: The company that operates the meters, Chicago Parking Meters LLC, plans to have all machines set to new rates by the end of February.

Former Mayor Richard Daley got the City Council to approve the company's 75-year contract in 2008. In return, the city got a $1.1 billion payment, much of which has already been spent.

Current Mayor Rahm Emanuel has ordered an independent audit of the deal, which is now largely viewed as a financial disaster.

PRIVATIZE EVERYTHING.


Damned conservative randroids like Mayor Daley. They'll kill our great country.
 
2012-12-27 02:48:47 PM
And NONE of that money goes to the City of Chicago.

Former Mayor Richard Daley got the City Council to approve the company's 75-year contract in 2008. In return, the city got a $1.1 billion payment, much of which has already been spent.

Prick. Prick. Prick.
 
2012-12-27 02:49:37 PM
That's a hell of a lot of money, but why would anyone other than UPS need to park in downtown Chicago?
 
2012-12-27 02:49:47 PM

newton: And NONE of that money goes to the City of Chicago.

Former Mayor Richard Daley got the City Council to approve the company's 75-year contract in 2008. In return, the city got a $1.1 billion payment, much of which has already been spent.

Prick. Prick. Prick.


This. This. This.
 
2012-12-27 02:49:54 PM

ChubbyTiger: tricycleracer: The company that operates the meters, Chicago Parking Meters LLC, plans to have all machines set to new rates by the end of February.

Former Mayor Richard Daley got the City Council to approve the company's 75-year contract in 2008. In return, the city got a $1.1 billion payment, much of which has already been spent.

Current Mayor Rahm Emanuel has ordered an independent audit of the deal, which is now largely viewed as a financial disaster.

PRIVATIZE EVERYTHING.

Damned conservative randroids like Mayor Daley. They'll kill our great country.


Doesn't matter what letter is next to a politicians name. Dude got a giant kickback from the private company, I'm sure, to sell his constituents up the river for three-quarters of a century.

/Free market solves all ills.
 
2012-12-27 02:50:04 PM
I like how we turn a story about Chicago, a city absolutely run by Democrats, in to some Walmart bashing bit.

Perhaps you should call up your buddies at the DNC and ask them why they are doing this to some of their most loyal people.
 
2012-12-27 02:51:07 PM
We need this guy to "behead" a few of these meters...
img818.imageshack.us

Parking meters - ruining small-town central business districts by chasing all the shoppers to the malls.
For bigger cities - granted, we need high parking fees to discourage cars from clogging up down towns and to have people take the transit, but they can devastate a small-town main street.
 
2012-12-27 02:51:13 PM
So can some entrepreneur build new parking garages to increase available parking and even out the rates, or is that also forbidden by the 75-year city parking contract?
 
2012-12-27 02:52:02 PM
I laughed out loud at the terms of the agreement. Somebody got screwed. Hard.
 
2012-12-27 02:53:19 PM

tricycleracer: The company that operates the meters, Chicago Parking Meters LLC, plans to have all machines set to new rates by the end of February.

Former Mayor Richard Daley got the City Council to approve the company's 75-year contract in 2008. In return, the city got a $1.1 billion payment, much of which has already been spent.

Current Mayor Rahm Emanuel has ordered an independent audit of the deal, which is now largely viewed as a financial disaster.

PRIVATIZE EVERYTHING.


Yup, bet there was nothing fishy about the 75-year contract, I'm sure no palms were greased at all. No siree Bob!

/I don't think Chicago is more corrupt, just more blatant.
 
2012-12-27 02:53:52 PM
So? Park your 3D printed flying nano car in private Low Earth Orbit. It's the future.
 
2012-12-27 02:55:11 PM

Day_Old_Dutchie: We need this guy to "behead" a few of these meters...
[img818.imageshack.us image 200x229]

Parking meters - ruining small-town central business districts by chasing all the shoppers to the malls.
For bigger cities - granted, we need high parking fees to discourage cars from clogging up down towns and to have people take the transit, but they can devastate a small-town main street.


here in cincy they are probably going to turn over parking to a private company, who will promptly raise rates constantly. while we're in the middle of serious revitalization of our urban core, the last thing we need is one more reason for the suburbanites to never come downtown.
 
2012-12-27 02:57:57 PM

newton: And NONE of that money goes to the City of Chicago.


The city gets a healthy cut of the parking ticket revenue, so it is in their interest to enforce the hell out of the meters.
 
2012-12-27 03:02:50 PM
This is why I take cabs and public transit.
 
2012-12-27 03:03:41 PM
i.huffpost.com

"...these Chicago guys will do anything..."
 
2012-12-27 03:05:19 PM
Salina, Kansas has a nice way of dealing with downtown parking. It's free. But only for two hours. They come by and chalkmark the tire. If that mark is still there in two hours, ticket and tow. At least they were seven years ago.
 
2012-12-27 03:08:04 PM
Former Mayor Richard Daley got the City Council to approve the company's 75-year contract in 2008. In return, the city got a $1.1 billion payment, much of which has already been spent.

I'll bet Richard Daley hasn't spend all the money he got from Chicago Parking Meters LLC. You know, his "consulting fee".
 
2012-12-27 03:12:04 PM
What, nobody can look up "Walmart average pay?"

Glassdoor says the average is about $8.50 for the lowest average they list (Guestt Service Team member - Cashier). Good jorb, bullshiatmitter
 
2012-12-27 03:13:19 PM
75 year contract and the 1.1 billion was already spent. Damn this is one of those follow the money things. The only thing I can see almost as dumb as this is when the netwroks would have to pay the NFL 1 billion even if not a single game was played.
 
2012-12-27 03:13:50 PM
Chicago Parking Meters LLC: A great argument against privatization. Strangling the city's ability to effectively use public land, serving only themselves instead of the public and ripping the city off...
 
2012-12-27 03:14:41 PM
They want to discourage traveling down town via car, or being parked on a down town street for extended periods of time and encourage public transport?  unpossible.
 
2012-12-27 03:15:17 PM
randomjsa: I like how we turn a story about Chicago, a city absolutely run by Democrats, in to some Walmart bashing biatchicago's parking meters are a private business. Why do you hate capitalism and the free market?
 
2012-12-27 03:15:38 PM
SuperT -- here in cincy they are probably going to turn over parking to a private company, who will promptly raise rates constantly. while we're in the middle of serious revitalization of our urban core, the last thing we need is one more reason for the suburbanites to never come downtown.

I would think that the 491 urban murders in Chicago this year so far would be deterrent enough to keep the tax paying citizens far far away from this liberal paradise.
 
2012-12-27 03:18:22 PM

KidneyStone: What, nobody can look up "Walmart average pay?"

Glassdoor says the average is about $8.50 for the lowest average they list (Guestt Service Team member - Cashier). Good jorb, bullshiatmitter


Can't get around the old minimum wage Mortimer.
 
2012-12-27 03:18:41 PM
Can we get more Meter Maid hate stories instead? I love those.
 
2012-12-27 03:23:53 PM
NPV, how does it work?

The don't disclose the current payments, but it only looks to be a 4-6% rate of return. Doesn't seem that it is all that horrible of a deal.
 
2012-12-27 03:25:38 PM
Stupid parking bshiate.
Question- How can a metermaid give me a ticket for no front license plate? Anyone else ever experience this pile of fail?
 
2012-12-27 03:26:11 PM

GoldDude: Former Mayor Richard Daley got the City Council to approve the company's 75-year contract in 2008. In return, the city got a $1.1 billion payment, much of which has already been spent.

I'll bet Richard Daley hasn't spend all the money he got from Chicago Parking Meters LLC. You know, his "consulting fee".


It wasn't even really about getting paid. Daley didn't want to end his run with the city in financial ruin so he cut a deal for quick cash to keep things running for a while. The fact that it has screwed the city long term doesn't matter because he's already retired to some cushy consulting jobs and board positions.
 
2012-12-27 03:27:15 PM
Chicago has more corruption than you would ever be able to find, but WalMart is the bad guy here? What are people who work for Apple putting phones together making, a dollar a month?
 
2012-12-27 03:29:17 PM
That is only in the loop. Parking in other metered areas of the city can be up to 50% less than that.
 
2012-12-27 03:29:50 PM

sprd: SuperT -- here in cincy they are probably going to turn over parking to a private company, who will promptly raise rates constantly. while we're in the middle of serious revitalization of our urban core, the last thing we need is one more reason for the suburbanites to never come downtown.

I would think that the 491 urban murders in Chicago this year so far would be deterrent enough to keep the tax paying citizens far far away from this liberal paradise.


Englewood and the surrounding neighborhoods don't count as "downtown Chicago."
 
2012-12-27 03:31:40 PM

SlagginOff: Englewood and the surrounding neighborhoods don't count as "downtown Chicago."


I'll say. Englewood is in southern California. Nearly 30 miles from the outer edge of Chicagoland.
\
 
2012-12-27 03:32:22 PM

shotglasss: Chicago has more corruption than you would ever be able to find, but WalMart is the bad guy here? What are people who work for Apple putting phones together making, a dollar a month?


The people putting iPhones together don't work for Apple, nor are they US citizens.

A fine line, but a line nonetheless.
 
2012-12-27 03:32:22 PM

chi_tino: newton: And NONE of that money goes to the City of Chicago.

The city gets a healthy cut of the parking ticket revenue, so it is in their interest to enforce the hell out of the meters.


No. We get nothing more than the original payment.

For the next 72 YEARS...
 
2012-12-27 03:33:25 PM

KidneyStone: What, nobody can look up "Walmart average pay?"

Glassdoor says the average is about $8.50 for the lowest average they list (Guestt Service Team member - Cashier). Good jorb, bullshiatmitter


You're looking at current Walmart pay and assuming it will rise, and the meters will stay the same for the next few years.
 
2012-12-27 03:34:42 PM
Why has nobody yet mentioned that Chicago Parking Meters LLC is actually owned by guys in the middle east?
 
2012-12-27 03:39:09 PM
ElFugawz

"A great argument against privatization."

It's a great argument for a criminal investigation into who got paid off. It can work well, but only if both sides are actually negotiating in good faith, not if the usual Chicago methods of bribery are in play.

/feel free to replace chicago with the name of almost any other large american city. my statement will still be true.
 
2012-12-27 03:56:17 PM

abhorrent1: KidneyStone: What, nobody can look up "Walmart average pay?"

Glassdoor says the average is about $8.50 for the lowest average they list (Guestt Service Team member - Cashier). Good jorb, bullshiatmitter

You're looking at current Walmart pay and assuming it will rise, and the meters will stay the same for the next few years.


They raised them 75 cents last year too, so at the current rate of 75 cents per year, they'll only be making $8.75/hour in 2016. If they continue to increase each year and the Walmart employees salary doesn't.

Chicago isn't alone in these stupid deals, the Governor of Indiana, Mitch Daniels, whom republicans love and many wanted to run for president made a similar deal leasing the Indiana toll road to a foreign corporation for 75 years. Many have hailed him as a genius who fixed the economy of Indiana.
 
2012-12-27 03:56:57 PM

ZzeusS: Can we get more Meter Maid hate stories instead? I love those.


I once saw a bumper sticker that said "Meter maids eat their young." I was laughing all day after that. :)
 
2012-12-27 03:59:41 PM
Read "Griftopia" by Matt Taibi. Whole book is great, but it has a chapter that specifically deals with privatizing municipal property, like the Chicago parking meters. It's awesome, in a rage-aholic kind of way.

/we are all screwed.
 
ZAZ [TotalFark]
2012-12-27 04:02:47 PM
Chicago got about 10% of what the contract was worth, according to a later analysis. Aldermen were not allowed to check the figures before they approved the contract.

The station cites TheExpiredMeter.com as saying $6.50 will be the highest rate in the continent.

Brookline, Mass. is charging a similar rate, possibly higher, for parking meters near Fenway park when the Red Sox are playing.
 
2012-12-27 04:03:04 PM
But I thought only the evil Republicans were capable of such dastardly deeds? Surely this didn't happen in our shining beacon of light Chicago! Our paradise of liberal ideals. Are you sure this article wasn't linked from infowars?
 
2012-12-27 04:03:55 PM

squirrelflavoredyogurt: Governor of Indiana, Mitch Daniels, whom republicans love and many wanted to run for president made a similar deal leasing the Indiana toll road to a foreign corporation for 75 years. Many have hailed him as a genius who fixed the economy of Indiana.


You mean the Sky-way or a different one?
 
2012-12-27 04:06:37 PM

ChubbyTiger: $6.50?! Holy crap.


That's about £4.00.

That's average for London. Wait until you peeps pay £8 an hour parking (and I'm not talking private or garage parking but street parking)
 
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