-- 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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I have told Mark many times that going to meetings means nothing to the government. They do what they want to do and do not care what the public wants or thinks. Shut up and pay your taxes.
And you think you are educating me about something?
Come on Mark. Without “Poor Taxpayer” you wouldn’t know what to think. lol
Spot on.
UK’s Daily Mail, CWB and a couple of police-scanner accounts on X are the only news outlets reporting on just how large and angry the response to the city’s plans truly is. Old media highlights the handful of locals who claim they want to help (with taxpayer’s money) the unfortunate “migrants”.
The democrat voters in Chicago have done it again, electing an incompetent bafoon to run the city simply because he had a “D” after his name. FU Chicago voters you deserve the pain you voted for.
Lots of people are too busy working hard and occasionally make mistakes. Why not give them the benefit of the doubt instead and support them in eradicating this mess that could eventually spill over into your neighborhood?
They’re not again migrants in theory, only against migrants in their backyard. I call it “NMIMBY” for No Migrants In My BackYard. Its a Pun on NIBMY
Mayor BJ doesn’t read his bad press.
Trib editorial today tried to chastise Mayor, not realizing neither he nor his minions read Trib.
Nobody reads Trib. LOL
They’re clearly sun-times readers.
Thank goodness the cities doing it’s best to keep all the white right-wing MAGA xenophobe racist extremists from hijacking to community migrant meetings!?!?!…. (the migrant shelters in my NW side neighborhood where open w ZERO community input/meetings)
Wow! The amount of people that showed up is absolutely staggering. The next one is going to be even bigger when you piss off people like this.
https://www.youtube.com/watch?v=kCkXwcVtgmc&t=31s