-- 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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So, the Archdiocese of Chicago is leasing it to the City for no-charge, but the City is leasing it to another non-profit? So, is there anyone making money here? The area surrounding the School building will likely be impacted with the influx of illegal immigrants into a neighborhood. Hope the neighborhood is prepared for what comes next. Lock your doors
Sad, sad, sad. I was a parishioner at St Bart’s, my child went to the school and graduated from 8th grade. We, wife and I were very active members and were involved in all events. School board, ladies society, men club etc. I painted classrooms, installed shelving, built a serving station in the gym, refurbished several classrooms with new lab tables etc. and lived within walking distance. This is a neighborhood church and former school. There are no businesses nearby, 4 or 5 city blocks away at best and many single family homes next to, across the street, and within… Read more »
Most of your former neighbors see nothing and will learn nothing. And the handful that are red-pilled (but remain solidly Democrat) have no choice on the ballot to vote Republican, at any level, and they’ll move out by you and bring their terrible voting patterns with them.
Yes, this is sad. With the preponderance of major crime, homeless, and migrants in Chicago, how many of the 77 neighborhoods are left to which a family would want to move? Also, one of the few neighborhoods pretty much devoid of these elements is probably very close to a neighborhood with them in place.
As I sit on my deck and watch over the 1 acre plus lot and hear the sounds of rural living I wonder how things will be at my former church and school. I, we, are so glad that we were able to escape and enjoy our retirement years in the country where actual peace and quiet exist. Too bad, so sad for those who chose to stay in the St Barts community.Enjoy your migrants and continue to vote for democrats.