-- 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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So why back a sitting LoL governor JB who blames people outside of chicago and south of I80 for problems like Covid? 35,000 Illinois residents lost their lives under this Lack of Leadership governor JB. Please get out and vote.
The truth will set you free. All of us need to be speaking the truth everyday, even if it is not what people want to hear.
Bashes the city=tells the truth
Problem is Bailey is correct, Chicago is a shit hole and a war zone period!
Not a word in the article, of course, describing Pritzker’s role in supporting Bailey’s campaign because the Dem’s saw Bailey as their best choice for a sure-fire-loser in the November election.
Of course the fact that it worked says a lot about the state of the Republican party in Illinois.
It’s possible that the establishment, both JB and the ILGOP, were wrong.
Maybe Irvin never had a chance despite a few polls showing a modest lead early in the primary.
MAGA candidates have really done well nationwide, so maybe JB’s supporting Bailey was just another stupid establishment mistake.
This shows how soft the leaders of the Republican party are. Talking about change but not really wanting change. If the Republicans had a opportuitiy to take control of our state.Leaders wouldn’t know what to do. Also, if Jesus ran he would get the same treatment he got 2000 years ago. Isn’t that sad , we are know better.
As if voters in Chicago/Cook County will vote for a Republican. Jesus Christ himself could run as a Republican in Illinois against Satan and Cook/County/Chicago voters would pull the lever for Satan.
Typical Amazon Post.
Bailey tells the truth and it’s “bashing the city”.
Someone from DC should be able to recognize a hellhole when they see one.