Illinois is a “disaster” regarding finances, Covid-19, crime, education, out-migration…you name it. – Ted Dabrowski on with Jeanne Ives of Breakthrough Ideas

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charsiu
3 years ago

Jeanne still trying to be relevant.

state_pension_millionaires
3 years ago

Just like Russia, their is only one thing ILL politicians pay attention to–money and power. They will never release voluntarily.

Two options: (1) continue out migration to bring the entire situation to a head which forces national politicians to come in and clean up the mess or (2) non public union taxpayers fund a massive political action committee, at a scale x times public unions, and hire someone like Rahm Emanuel, at a salary of like $500MM per year, to run it like a Bulldog.

ToughLove
3 years ago

I already decided on option 1. No regrets.

Rob M
3 years ago

Ted and Jeanne, I read about the delinquent properties, especially in the city and County of Cook. They got into all this apologist stuff about red lining and racist lending policies, white flight and black flight. Im more interested in revitalizing the city and the county and seeing as we’ve got a housing crunch, these empty lots and building seem like a jobs and housing program opportunity to give residents a stake In the community. Of course it starts with public safety, I think it’s more racist to let so many poor minority people live and die on the street.… Read more »

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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