-- 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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Upon further review, the ruling on the field is overturned. Evanston is taking their ball and going home. Living up to one’s own words is hard man.
NIMBY (3)
Plenty of large homes owned by woke, liberal Evanston residents who could house a few illegal aliens. The answer? Not in my backyard!
Oh Evanston, how you have disappointed me!
Did you not all put up the signs proclaiming your compassionate lefty street cred?
“In our home we believe:
Love is love
No human is illegal
Kindness is everything
Diversity makes us stronger”
I’m beginning to think you didn’t really believe what the signs said.
So…..just like Chicago, Evanston is all Sanctuary City virtue signaling fluff and no substance. As Texas Governor Abbot would say: “All Hat. No cattle.”