Mayor Rahm Emanuel basically says the CHICAGO PARKING METER DEAL was the largest rip off in Chicago's history... Thanks to Mayor Richie Daley - who now is being paid a 6 figure yearly salary by the law firm who handled this criminal deal

 Rahm Emanuel walked out of the news conference refusing to answer any questions regarding this deal

Drivers to pay longer under parking meter settlement - Rahm's new deal is even WORSE

Drivers will need to pay for parking longer at the majority of Chicago meters every day but Sunday under a settlement deal Mayor Rahm Emanuel cut to reduce the amount the city owes the private operator for lost parking revenue.

Emanuel announced the changes today at a City Hall news conference, describing the plan as making "a little lemonade out of a big lemon"—a reference to the widely criticized 75-year lease former Mayor Richard Daley made.

Emanuel said the plan would save taxpayers money over the life of the lease, but he did not take questions from reporters looking for specifics.

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