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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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Suck it Brandon. Destroy CTU now.
Congrats to those who got the word out about how the Bring Chicago Home so-called plan was economically destructive.
I’m left wishing there was a much higher voter turn-out with the transfer tax being defeated by a higher margin. That obviously would have told the powers that be to start worrying now even if this isn’t an election year for them.
The vote for this issue was held specifically in the primary where there is mostly a Democrat and highly partisan turnout. Anywhere else such ballot issues should be held only during a general election to allow for all voters to address the issue. Not just the partisan takers and thieves. But not in corrupt Illinois. This is one of the mechanisms that allows single party rule to perpetuate.
The powers to be, corrupt democratic politicians, will put this proposal on every ballot at ever future election until it gets passed. Common scam on controversial issues.
Yes, they’ll continue their efforts to try to take more money from the upper-middle class and affluent in the private sector to distribute to lower income, poor, unions, and city workers (not necessarily in that order).
To paraphrase Ten Years After: Tax the rich, feed the poor, ’til there is no Chicago anymore.
Maybe the rich in Chicago should pay. What do I care if a bunch of die-hard liberal Democrats that vote D+64 vote to tax their ‘rich’? Do I really care? No, I don’t care at all. I couldn’t care less, honestly. Let themselves do that. The city is a socialist $hithole anyways, and the rich/poor gap is so wide anyways, they did this to themselves. They allowed the city to turn into a third world country where teh rich people live isolated along the lakeshore and everyone else throughout the city shoots at each other for target practice. They let… Read more »
First we get the money…LOL…unless we don’t. LOL!!!!!!!!!!!!!!!!!!!!
This is a minor setback. There are many other ways to take money from people who have it. To these Chicago “progressives,” it’s inherently wrong for people to have money, unless, of course, it’s the progressives’ money.
With CTU taking a face plant on BCH, after spending $400gs of members dues, and if Burke hangs on vrs Harris is it going to be a pr problem when later this year they’ll be asking their buddy, CTU/Brandon, to sign off on a $no questions asked$ new contract?….I think so!!
When the sleight of hand occurs during the mail in ballot counting Harris will crush his opponent by 10 to 1. What the machine wants the machine gets.
Wait for the sacks of mail-in votes to be counted. Don’t be surprised if there’s been epic turnout of mail-in if possibly invalid votes that approve referendum and Preckwinkle’s pick.
I know someone, whom I consider reputable, and he claims he saw, in Cook County, late arriving fake ballots in person in a close race he was tasked to observe as a Poll Watcher for a losing candidate. He claims he saw a perfect stack of mail-in ballots that all looked exactly the same with all the Democrat candidates on it. In shock, he tried to point out this glaring inconsistency, and was laughed off as the ballots disappeared into the pile with the rest of them. Of course, there was no way to investigate this but witnessing that was… Read more »
Seems a bit like “a friend of a neighbor to my 3rd cousin’s younger daughter from her 3rd marriage once told me….”. Oh, how we love all those sorta true but maybe not rumors. Let’s go string ’em up! Where’s my pitchfork?
Actually, from my perspective, it’s not like that at all. I just explained that I spoke with someone who had FIRST HAND KNOWLEDGE. He says he witnessed a glaring irregularity as a credentialed Poll Watcher for a specific candidate in a race several years back. He saw it with his own eyes. Then he told me what he witnessed. Now, when I’m telling this to you, of course, I’m just some random nearing retired dude on the internet telling you what someone told me. But I spoke to an actual witness myself. Was he biased? Sure, his candidate lost a… Read more »
This set-up is one of the structural failures of the system. There aren’t enough lawyers or judges or police available for the Poll Watcher to challenge what happened. PLUS there’ll be a bunch of Dem’s onsite to swear it never happened. It’s like not all speeders and tax cheats get caught. A test case would take several years and there is so much partisanship among judges and juries it would be a waste of money to challenge it. The lack of effective enforcement nullifies both the laws and the system and encourages this sort of cheating virtually everywhere. It spawns… Read more »
We have to begging ballot harvesting the mail in votes to fight this shit. Let’s start fighting fire with fire. Wake up.
More like a TO DI
Poor, poor Brandon he has a bad case of the vapors this AM. Brandon’s scheme of “ first
We get the money”, went boom. Poor pilgrims dancing dollars will not happen today. This will give them wealthy fellows
Time to unload the big property before the
Leaches get to sucking them dry.
The normal people get time to sell and get into the lifeboats and start pulling for their
Lives. The “ usual gang of idiots” have sad
Faces on this AM.
Chicago took its first incremental step back today from the brink of progressive utopia. It only took the lowest primary turnout in generations to achieve this goal! Maybe Chicago’s five elections in less than 20 months wasn’t such a good idea (June 2022 primary, Nov 2022 election , Spring 2023 mayors race, April 2023 run-off, March 2024 primary). Voter fatigue!