-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
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.
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Audio and summary
Is this really a surprise to anyone? Public employees have been defrauding government programs for decades. Generally speaking, it’s the IRS not local internal audits that expose them. It starts at the top where ghost payrollers are rewarded with no-show jobs.
We’ll never see a credible accounting of all the criminal fraud and pervasive waste and abuse associated with the COVID PPP and unemployment boondoggles. One reason is that this was a thoroughly bi-partizan mess. The Washington cabal of both parties couldn’t wait to throw out their chests and wrap their arms around these thoughtless and foolish programs when the money was flowing out, buying them votes-n-influence-n-media adoration. Now that anyone with half the brains God gave geese knows that half a trillion $’s of taxpayer money was just flat out wasted, all those “look how we saved your homes-n-lives-businesses” pols… Read more »
It’s easy news story pickens to blame individuals ripping off the PPP loan program.
The entire PPP loan program was a complete fiasco and will undoubtedly go down as the greatest rip-off of all time. The small company where I work got $5.5 mil and none of the employees have any idea where all those $ went? For sure not to me.
So many $20,833 checks. I never knew there were so many independent custodians and hair stylists living in one area.
Everyone has known about this scam for two years. The Sun-Times reporting this scam only now is journalism malpractice. We they covering it up for two years? Who were they trying to protect? Is it racist to say that it’s mostly one group of people that engaged in massive PPP fraud? Dont get me wrong, fraud comes in all colors and creeds, but my mother, father, auntie, nephews and nieces, and everyone on my block, didn’t all get $20,833 around the same time in June of 2020.
Government doing what it does best, screwing over the poor honest taxpayers and their families. Keep up the good work.