Chicago Mayor Brandon Johnson Hid $800M Parking Meter Overbid Behind NDA

Chicago Mayor Brandon Johnson's administration secretly submitted a $3.3 billion bid to buy back the city's parking meters — roughly $800 million more than the nearest competing offer — and buried the entire thing under a non-disclosure agreement. When the deal fell through, Johnson dismissed the controversy. The city council and watchdog groups are not dismissing anything.Chicago's original parking meter lease is already considered one of the worst municipal transactions in American history. The city handed 75 years of meter revenue to a Morgan Stanley-led consortium for a one-time cash infusion, blew through the proceeds almost immediately, and watched rates get jacked on residents while the operator recouped its investment in record time. Johnson's administration nearly engineered a sequel — at an $800 million premium — financed by a municipal bond structure that any solvent buyer would have walked away from on the spot. The original seller apparently agreed, and passed.The NDA is the real scandal. You do not conduct $3 billion in public business in secret from the city council. Alderpersons are furious. Watchdog groups are furious. And Johnson is running his standard playbook: dismiss, deflect, move on. For a mayor already carrying one of the worst fiscal track records in Chicago's recent history, this is not a stumble — it is a pattern that taxpayers are still paying for.Subscribe to @reasonablenews and hit the notification bell for daily coverage of the stories the mainstream press buries.#Seattle #PrideParade #CultureWarGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS 🌟https://ReasonableTV.com/🛍️ MERCH - https://Store.ReasonableTV.com/💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeopleSTAY CONNECTED:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL