-- 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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Destroyed is not the right word, it has been Nuclear Bombed.
Chicago is a perfect storm, disaster is unavoidable.
The CTU taking a junket to Venezuela is all you need to know about the school system too.
Pollak forgot to mention the level of graffiti that covers Chicago. Daley understood that it reflected poorly on the city; so he did something about it. The dystopian Left knows how destructive it is to the appearance and the psyche of the city; that’s why they look the other way.
Its the worst I’ve seen it.
Not a Republican in Chicago for a century, but yet the lapdog media and the dimwit residents can’t seem to figure out who is to blame for the abject disaster. If you still live in Chicago, you are either helplessly or hopelessly enslaved. Which apparently doesn’t bother the slaves.
Interesting article. I feel a lot of what he feels about the Chicago/Illinois of the…..let’s face it…..not too distant past. One thing he forgot to mention though. Remember all those Chicago-themed movies from the 1980’s and 1990’s….the John Hughes movies, etc. Home Alone, (1 and 2 only!), Ferris Bueller’s Day Off, Weird Science, etc., etc.? All showcasing a Chicago……well, maybe not in a golden age, but a city in a seemingly good, prosperous, and fun time? Could such a movie be made today? Not one that anyone would believe, or treasure in the future. I always knew that Chicago/ Illinois… Read more »
Now they make underground Drill Rap videos.
Those movies all took place in the idyllic north shore suburbs The 80/90’s movie that showed the true Chicago as blighted was Adventures in Babysitting. The baby sitter took the children from the suburbs to the city and had all kids of crazy adventure in a blighted city with weird towtruck drivers, car thieves, domestic abusing couples, shady ‘social clubs’, etc. It was authentic that it showed creeps of all races, colors and creeds, just as Chicago was (Gacy prowling Chicago was still fresh in the production cast minds’).
At the risk of being repetitive, I’ve said in the past that Democrats chose Chicago because of TDS (Trump Derangement Syndrome). Trump rips on Chicago and Illinois, so therefore, Democrats must choose Chicago as their DNC location. It matters not the crime, or blight, or negative image that more than 50% of the country has of Chicago (and especially among the suburbanites who live here), if Trump is against Chicago, they were for it. As I point out, Chicago is the laughing stock of conservative media and has been for decades, it’s a running joke for two decades now how… Read more »
Have you seen the number of young, military age men in Chicago with SNAP cards!? Or down at the ER with their Medicaid getting ‘free’ healthcare!? These are your leftist Marxist living the dream of government dependence, going to Metallica shows, and smoking government provided dope, playing Hacky Sack, and skateboarding in the parks. Of course MAGA sucks to them.