-- 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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“LET THEM EAT CAKE!!!” Maybe Queen Lightfoot can also dispense with, and disburse, her own personal-protection body-guard unit of 100+ CPD police officers who serve only to protect her majesty.
High emission vehicles can compete with free bikes on pot-holed streets with freshly paved bike lanes. Several paths to getting Federal handouts here — imagine the unimaginable: Chicago first in line for CO2 emission reduction funds and lung disease research while winning model city awards for promoting bike transport.
High emission vehicles can compete with free bikes on pot-holed streets with freshly paved bike lanes.
I think you misunderstand, the bike lanes are just a yellow line drawn on the existing streets!
… and I was thinking Yellow Brick Road! But there is some symbolism perhaps. In third-world cities, when the light turns red, the motorcycles and motor scooters always weave their way to the front of the traffic. They take off noisily and “smokely” … and assert their rebel underclass dominance over the Volvos and Audis. Takes me back to Jakarta in August. Hot, sweaty, polluted and noisy. Once the Dutch ruled. Tall, austere, articulate and strict — and overbearing. Chicago is well on its way. Some of us can still choose where to live: ‘We few, we happy few, we… Read more »
Wilson must of liked Hans and Franz on SNL- We will Pump you Up!
Lightfoot’s Gas Giveaway — Funded By Taxpayers (IN CONTRAST TO WILLIE WILSON, WHO GAVE AWAY HIS OWN MONEY) — Is A Sleazy Political Stunt
Is there anything about the hate filled person masquerading as mayor that isn’t sleazy?