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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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Lawfare – snag this in the courts for years is the way…….
Latinos should have more representation, but it would come at the expense of African American representation. This is a cold, hard fact that reflects the population trends of the area and the state. Chuy’s IL-4th District is the perfect example. Instead of the strong chance of having two Hispanic representatives from that area west of downtown Chicago in DC, they shoved a super-majority of Hispanics into one earmuffed-shaped district. But if you combine IL-4 and Danny Davis’ IL-7 districts, sliced them in half horizontally, you’d most likely get two Hispanic representatives. That would be fair. No one has the guts… Read more »
I distinctly remember the ‘11 Aldermanic remap. An equal map would have been: 2 Hispanic wards, 1 white Ward and 1 mixed(Hispanic/Asian). This would have been at the expense several Black incumbent Alderman. Also, the other goals were to protect the Burke, Balcer, O’Conner, etc. and remove Bob Foerretti from the map. Therefore, I’m extremely excited to see how this ‘21 process plays out. LL could put a nail in the coffin of several of these incumbent dynasties. For example, they could turn the 11th Ward into the Chicago’s first Chinese majority Ward. Give the 14th Ward to her rival… Read more »
It’s hard to decide which caucus is the worst: The Black caucus that hates Whites and the police and contributes the overwhelming majority of the crime in the city; or the Hispanic caucus that elects DSA communists and gives our cities the cartels. But on the other hand, the white springfield caucus give us Madigan for 43 years and he ran the entire state in the toilet, so the verdict is: SW side trash white voters are the worst, literally the worst voters in the state. I hate them. Is it racist to hate people who voted for madigan? I… Read more »
Very good post.
It’s maybe more complicated than that, Madigan’s district did not stay all white all those years and he received many minority votes.
That’s true his ward is turning Hispanic.
True, the ward is turning hispanic, but it wasn’t hispanic 40+ years ago when he was first elected; and it hasn’t been hispanics electing him for most of that time.
Exactly, and I think it will solve Mark’s dilemma about paying for IL pensions.
When these ethnic caucuses are emboldened by these maps over the next decade, they will eventually have to deal with solving the pension time bomb. They will tell their voters that they have to drastically raise taxes on them because Madigan’s white trash AFSCME voters ran up the tab and are retired in Red States living the good life on their taxpayer funded pensions.
Then, there might be more motivation to amend the IL constitution.
“May you live in interesting times.” Confucius
Speaking of Confucious, I’ve been looking into him lately. Lots to admire, and a good insight into Chinese culture, which most of us know too little about.