-- 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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Someone on Lori’s staff decided to stick to her by allowing some loose cannon into the press pool! She was nearly speechless and just a little angry. She was vibrating like one of those electric table top football games. She was bum rushed at her own news conference.
You don’t mess with BD Lori.
named only as Rob? No, named as William J. Kelly. ???
Lori immediately had his car impounded. She was obviously thinking how did that guy get in! She should get help on responding to this question for future inconvenient confrontations. She was so pissed she couldn’t raise her finger for emphasis or blast out some racist invective. She got jumped!
Perfect and precise summary of Lori’s track record. Total disaster of a term in office that the pompous Mayor doesn’t have an inkling of. Is Chicago better off now than when she got elected? OMG. It is a disaster.
She’s the worst mayor since Jayne Byrne, quite possibly the worst Chicago mayor of the 20th and 21st centuries. Collectively, the progressive mayors elected in big cities have been the worst mayors our big cities have ever seen. I’d love to see big cities turn their backs on progressivism because it progressivism has only one goal: destruction
Name one bad thing that Jane Bryne did. I’ll grant you she sold out and didn’t keep her promises. Without effort I can name a raft of bad things that Lori’s done:
-allowed crime to soar without doing a damn thing about it
-allowed BLM it’s burning, looting, and mayhem
-sat by while Michigan Ave has been destroyed, twice
-destroyed the police force
-destroyed the public schools
-destroyed many small businesses with unneeded shutdowns
-raised taxes, everywhere
-many more
Lori wants all of North Michigan Ave. trashed! It’s jus too white. This is Lori’s version of firing the Docents! She’s that hateful!