-- 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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Straw Man! Set him ablaze and the spectacular light and heat will distract the populace from all the real problems!
If you’re slammed by a Chicago progressive socialist Democrat, you are definitely doing something right.
How dare Griffin remove his company from Chicago so that Brandon could not tax it?
“You’re supported by someone like Ken Griffin, who loves DeSantis, right-wing extremists who deny the fact that we actually had a pandemic…”
Politics is a dirty blood sport, no doubt, but this level of discourse is really dumbed down for the newest Sun-Times readers. VALLAS = GRIFFEN = FLORIDA MAN BAD.
The people buy listen to this stuff, and buy into it, and believe it, will be voting for the future of Chicago. Scary stuff here.
Johnson backed by crazy socialist CTU!!
He’s just another crazy ex-union simpleton.
He said that when he’s elected, the city and the county will be run by former social studies teachers….
NOOOOOOOOOOOOOOOOOOOOOOO!
“Ex-union?” I don’t think ‘ex-‘ is accurate.
Brandon Johnson is a current Chicago Teachers Union (AFT Local 1) employee. Meaning he is employee of the union, which is a 501(c)(5) non-profit, and not an employee of Chicago Public Schools (CPS, the City of Chicago School District 299, a local government school district). CTU has many full time paid employees such as Brandon. He is referred to variously as a union organizer / Legislative Coordinator. Brandon Johnson is also one of seventeen elected Cook County Commissioners ( Cook County board members). His combined income is about $170,000 which one would think makes him one of the best paid… Read more »
When you don’t create anything and people are legally compelled to pay for your services regardless of price…
I doubt Mr. Griffin give a rat’s patootie about what Brandon Johnson has to say.
Chicago’s loss is Miami’s gain.
Ken Griffen is going out on his yacht today to enjoy a beautiful day. Sunny weather, safe streets and clean air. Not to be forgotten low, low taxes in a business-friendly state. PS- so are his 1,000 plus high paid employees. This is a huge loss for Illinois.
I think the two down voters need a tissue.
A man like Griffin, who pays a lot of taxes, are not wanted in Illinois these days. The preferred type today is an individual who depends upon the Government for their personal living expenses. These individuals are easy to manipulate at election time and can be used to trade, by the States electoral votes, to the candidate offering the biggest behind the curtain funds going to some of the usual fat cats in Chicago. Meet you’re new neighbors who vote for a living rather than work for one.
*Pun not intended re fat cats.