-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Hmmm… It would seem to me that if the fat one illegally interferes in federal funding, he in all probability will have a run-in with the U.S. Attorney’s office, a situation not uncommon for governors here in Illinois. Now let’s see there are 102 counties, 1,299 municipalities and as each case that he illegally interfered would be a separate count, it could turnout to be a very long and very big indictment. When you spread the investigations over the three U.S. Attorney jurisdictions that Illinois is divided into, the whole thing grows exponentially. That’s an awfully lot of not guilty… Read more »
POS. This goof knows no limit. His hubris exceeds his girth. Cannot wait to leave this state…
Don’t they call that extortion here in the private sector? Also sounds suspiciously similar to what his own party recently tried to impeach a sitting president for. Hypocrisy’s a hell of a drug, eh Jay?
What scientist is telling Dictator Jabba to hold Illinois hostage until there’s a vaccine? There’s still no vaccine for HIV. We have a flu vaccine yet tens of thousands die every year from the flu. Anti-vax nuts like RFK Jr will lie abut the safety of vaccines and discourage people from these miracles of science. It took years to eradicate smallpox and polio. What happens if the COVID vaccine is 3 years away and only 75% effective?
It is federal money not state money so he should not be able to control it.
The only reason this stooge stopped short of putting road blocks on every road out of the state of Illinois is so his Wife and Family could escape to Florida.
They fly! Driving is for plebs.
Taking other people’s money is the only thing Dictator Jabba is good at. That, and eating
I’m sure he was totally on board when Trump was going to withhold federal funds from sanctuary cities..
Remember, some animals are more equal than others…
Let’s see now. We have one creep in Chicago threatening to arrest people for going to church, just like in Red China. Then we have another creep in Springfield that has shredded the Constitution (U.S. and Illinois) and is intentionally bankrupting all the small businesses in the state. I wonder just how far the street cops in Chicago are going to be willing to go before they tell her to f*** off. And Pritzker, well he’s got an army of his own (the Illinois National Guard) that he can use to beat the people into submission but once again, will… Read more »
Great post Bill. Thanks for opining. Once the fog clears, Governor Pritzker and Mayor Lightfoot will be on the wrong side of history. As for the comments about leaving Illinois, I have to stay here because of a family illness. I am very happy to continue the fight. I come from a background of real hardship in the coal mining and shipbuilding communities from the North East of the UK. Tough as old nails.
God Bless America.
The left has academia, the media, portions of the corporate world, and some state governments. The right has the working class, the military, the police, the supreme court, most of the legislative branch, all of the executive branch, and most importantly, nearly all the guns. So to answer you question, neither the national guard, the state police, nor the local police, will become JB’s brown shirts. Never going to happen. Lori barely even has the police under control these days, they don’t want get out of their cars, for fear of catching coronavirus. No way they’re going to arrest people… Read more »
time to sharpen up those pitchforks boys and girls!
I don’t get upset when the gov throws his weight around, probably because I left Illinois long before the last election. What’s it going to take for the rest of you to join me? Seriously, what’s it going to take?
LOL when our Governor throws his weight around it is serious stuff!
LOL
While I agree that it is a smart move to get out of Illinois any way that you can, some people are really stuck here and they are going to pay a huge price for not having gotten out. That is old business, so let us move on… How many times can you run away? This attack is upon the the United States of America, the Constitution and most importantly its Bill of Rights. My guess is that you are now out of places to run and you can bet your bottom dollar that Pritzker is working overtime to put… Read more »
Bill, I get that you grow tired of people like me telling others to leave Illinois. I get tired of people that stay and complain.
The fight at the national level is still winnable and worth fighting. The fight for Illinois is not.
Nobody is truly stuck in Illinois. There’s no Berlin wall or national guard holding you at gunpoint to keep you in Illinois.
True Indy, but there are very strong reasons for some to stay. At the top of the list is probably poor health, either your own or someone who depends on you. In most cases I expect you are right and people are just making excuses for staying. I can only assume that they just don’t want the hassle of moving, having kids change schools, finding new jobs, and so on. They are not stuck.
It’s best if poor and middle class people leave. The professional class rich have a lot harder time leaving. There are a lot of professional jobs that aren’t available else where. Chicago has major insurers, manufacturers, international law and accounting and architecture firms, and so on. One of my good friends wants to leave IL but her fantastic job at an international firm only has a place for her here, because her personal clients with the firm are here. She can’t just get up and leave to a new state where she has no clients. For someone with a portable… Read more »
Yes, debtsor, but the good thing is that those can most afford it. And by that I really mean absorb it, since it’s stupid but the confiscation in every aspect will only continue. Until it can’t. And I guess that’s why we all post here, waiting for that reckoning.
Yet
It will take homelessness which is about to soar in Illinois
Mass protests need to start asap. Groot and JB are financially ruining the people of Illinois.
What a bully
And to add to it…he has the ability to over ride Federal payments?
Pritzker/Madigan isnt following science or data. How can he judge others on this basis? The time for pitchforks and torches is coming.
This man needs to be recalled.
What garbage. Anyone who doesn’t agree with leadership is a science and data denier. His point of view, and his model, a black box he refuses to show anyone, is the only science that matters.
Time to go to the mattresses, Illinois.