-- Connecting the dots between our economy, government and business --
In Illinois, the state government allocated $71.8 million in ARP funds for cash payments made "to households that were not eligible to receive Economic Impact Payments… due to immigration status." Chicago's government earmarked another $14.7 million for its "resiliency fund" which sent $500 cash transfers to tens of thousands of "previously excluded residents and domestic workers."
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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DO YOU REALLY THINK THIS GUY CARES ABOUT WHAT’S LEGAL????? OR THE AMERICAN CITIZEN THAT COULD HAVE USED SOME HELP???? HE AND FAMILY WENT TO FLORIDA WHILE WE SUFFERED……IT WAS ON TV
How is this legal? Covid money was suppose to go help people who were hurt by all the lockdowns because many lost the ability to earn money. So how many of the illegal jumpers lost their business or employment status. None of them since they are here illegally. None of the 35K jumpers paid any federal-state or local taxes not even sales taxes for food or clothing since it is all handed to them for free. How many had Covid in their countries and made the journey here? Covid money should go to those displaced who work and live in… Read more »
We live in post- rule of law America now. That’s no exaggeration.
It’s the example I gave a few weeks back where James Kirk caused several robots to induce self-destruction after confounding their systems with paradoxes unsolvable by logic. Sanctuary cities and states are confronted head on with the paradox of being a sanctuary city – accepting and putting migrants under their care – and it’s causing budgetary self-destruction. Brandon Johnson is a piece of crap, and a terrible mayor, but I’ll give him credit for standing up to JB, even in his round about way, and refusing to provide his $70M in funds, and telling them in private “no more migrants”.… Read more »
How is it possible that so many prisoners in Cook County jail, or Chicago teachers and mail carriers were able to receive PPP funds? Dishonesty and low moral character are rampant in the public sector and audits are all forensic long after the theft.