-- 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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I never understood why a billionaire espousing equity and fairness would be caught taking toilets out of mansion in order to save on his property taxes. Just sayin.
The slime and cringe on display at the United Center is enough to make one renounce television watching permanently. On the same stage that had miracle investor “godmother” Nancy Pelosi decrying Republicans as the ‘party of billionaires’, JB the Hutt waddled up to the mic and openly embraced his extreme privileged class as being a ‘real’ billionaire. JB the Hutt, born on third base and thinking he hit a triple, inherited more money than many countries have as a gross national product, $1.3 Billion, and tripled his vast holdings since, with a rate of return on Hutt family investments of… Read more »
Next thing ya know Pritzker will claim he’s a better golfer than PDJT, just like the sad sack Biden.
I mean, how dumb is Pritzker? I guess this is what happens when you’re never challenged by the media – expect everyone to just lap up the lies.
Ironic beyond belief that JB has the stones to call anyone idiotic given his decisions that are sinking IL by the day.
Oh yeah, well the jerk store called, they’re running out of you!
JB’s massive ego just couldn’t resist flaunting his wealth. Of course, he inherited that wealth, which makes it essentially meaningless as far as accomplishments go. He was basically born on third base and thinks he hit a triple. But since he mentioned it, why does a billionaire like himself pay so little in taxes? This is the same guy who claims others need to pay their fair share. Pritzker is a shining example of the liberal elitist. Rules for thee but not for me. And he has no trouble with the hypocrisy.
JB (Camodus Maximus) should have included “Big Fat” Billionaires, cause he won that prize!
Come on people. Easy on the fat jokes. Provide useful information or some smart perspective. We delete comments that are mere insults like this.
Nancy Pelosi did once say publicly that Trump is morbidly obese. She may not be too far off the mark, although, I might say the same for JB.
You know, you also just described Donald Trump.
Trump wants to raise taxes? Try again. Trump is a flawed character, but he’s miles away from Pritzker in terms of political philosophy and policies.
Trump wants to put a 20% tariff on all imports, that’s $3 trillion of imports. Prices will go up. Forty five percent of what we import goes into making things and the price of those things will increase. You can call it a tax or inflation, your choice.
I’ve been looking for where he said tariffs on ALL imports but find nothing. He is often claimed to have said that, but all I found was him saying tariffs on those who are dumping or competing unfairly, and calling for “reciprocity.” Help me if I have missed something. Blanket tariffs indeed would be horrible, but targeted ones to achieve reciprocity would be fine.
Perhaps I should have said Trump tariffs could reach as high as 20% as he said in Asheville, N.C last week “We’re going to have 10 to 20 percent tariffs on foreign countries that have been ripping us off for years. We’re going to charge them 10 to 20 percent to come in and take advantage of our country.” But he is still calling for blanket tariffs of 10%, 60% on China, and 150 – 200 % of Chinese cars imported from Mexico. In an interview with Time magazine Trump admitted that the tariffs could be higher than 10%.
Childish, just childish. However, I didn’t expect much better from Jay Robert.
Trump and Pritzker have a lot in common. They are both carnival barkers that belong in the tent for fat people.
Pritzker embarrassed himself and the citizens of IL. But name calling and mud slinging is ALL the Democrats have – they are working desperately with the legacy media to hide their failed track record. Voting for Harris is asking for more failure.
Hilarious! More accurately, “take it from someone whose main accomplishment was inheriting billions”. Not that Trump started poor, but what an ironic statement from Pritzker.
GOVERNOR TUBBY YOUR BIG HUGE MOUTH JUST SUNK YOU