-- 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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You voted for him, Chicago. Enjoy!
At least he’s “Black”!
Sad.
They want mayhem — division and strife to tear down the system and rebuild it in their radically left vision. Divide and conquer. Anybody closely following the rhetoric of people like Johnson, the CTU and many others know the script they are following the nature of the “movement,” as they call it, which is an anti-capitalist worker’s revolution. They are losing, but causing enormous harm in the process.
Vallas is just another do nothing democrat lifer beaurocrat. At least with Johnson we can see the incompetence on full display and maybe accelerate the collapse and hasten the needed change in the voters. What we dont need is another swamp creature whose only skill is kicking the can competently, Johnson wont be able to even manage that. Chicago’s lethargic disinterested voters needed this kick in the teeth.
The mayor’s city council remind me of the scene from “Birth of a Nation” where the newly elected representatives are depicted as alcoholics with their legs resting on top of their desks!
Great headline! How can the voters not be happy?
“Johnson has followed through on what he said he would do”.
So he ran for election on this platform and is doing exactly what he said he would do. The voters are getting exactly what they wanted. If the voters no longer like this administration, they should take a long hard look in the mirror and choose wisely next time.
kinna hard to do with professional vote counters