-- 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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Trump is not going to shovel money to failed blue fascist states with failed policy and financial troubles so Illinois is in big trouble.
Trump isn’t even in office yet and is wreaking havoc upon the Democrat takers and thieves of Illinois. When Illinois, Cook County and Chicago financially collapse Trump will be more than living in criminally obtained Pensions.Democrat’s heads. He’ll be living in their wallets and in their criminally obtained Pensions.
Bahahahahahaha! Illinois and Chicago won’t be collapsing anytime soon. Trump definitely won’t be alive. Definitely not living in anyone’s head.
In the meantime, me and my union brothers will be living in your wallet. Each and every month. My pension is yuuuuge!
It won’t be collapsing in your lifetime…but only because you won’t live as long being an overweight, saturated fat eating, beer guzzling union slob. But it will collapse and the fiscal cliff at the city, county and state level is right around the corner.
Easy, Tommy. You too JShark.
So much hate isn’t healthy Tommy. I want you to live a long and healthy life so that you can keep paying your taxes. Demonize union members all you want but it won’t change a thing. While your description doesn’t match my lifestyle I’m sure it matches some members. Not to worry because if their life is cut short their surviving spouse will continue to collect their pension. Keep pretending about a fiscal cliff right around the corner just remember to keep that wallet open. My yuuuge pension appreciates it.
Hubris is a big word and beyond the vocabulary of most CTU and Illinois public sector union ‘workers’. Look it up. When BJ dumbly and stubbornly doubles down on his criminal illegal sanctuary city protections and ALL Federal funding evaporates, Chicago will fail to make payroll. That’s the trigger. The straw that beaks the back of this multi-decade financial farce. There will be no federal bail-out. It will be too big to ‘fix’. The Tribune Headline “Trump to City. Drop Dead”. When that happens, the inevitable house-of-cards of Chicago, Cook County, Illinois and all Blue States and all Blue Cities… Read more »
Sorry JShark, but you are conflating hate with facts. I will be living a long and healthy life but I won’t be here paying taxes, thank you for the kind wishes. My healthy self will be moving to a lower tax state(s) and get this, the kicker, I will be taking my government pension and wife’s government pension with me. I won’t be paying any taxes in this state! Suffice it to say, I know just a little bit more about finance, the state’s finances, pensions and taxation than you do. There will be budget cuts and there will definitely… Read more »
Bahahahahahaha! Illinois and Chicago won’t be collapsing anytime soon. Trump definitely won’t be alive. Definitely not living in anyone’s head.
In the meantime, me and my union brothers will be living in your wallet. Each and every month. My pension is yuuuuge! It’s a great big beautiful pension. The greatest pension of all time. No one has a pension like mine. We will make my pension great again next year with a 3% increase. Hahahahaha!!!!!
Spoken like a true Illinoisan.
This guy is great. He is a perfect Illinoisan. He doesn’t care about you as long as he gets his hard” earned” pension. (Say that without gagging.) You are his slave and he is rightfully laughing at you. Your pain is his entertainment. And as long as you remain the passive slaves you have always been, your master and overseer, Jshark, will continue to laugh at you while sucking your money like the leech he is. You complain but do nothing. So he laughs and enjoys your misery. I will say garbage like Jshark don’t bother me as much now… Read more »
The best thing to do is just leave Illinois.
Now that all ARPA-COVID “free stuff” bucks are spent and the parties over, it’s back to the reality of an endless mountain of debt. The ceaseless charade of distraction and deception on dopey voter/taxpayers has now shifted to we’re at all out war with Trump. Pathetic, from CTU to Springfield that’s all the machines got to distract dopey voter/taxpayer sheep from the reality that your screwed while a CTU are astoundingly walking away with even more $……Who’s are the dopes still willing to buying into the ‘war with Trump’ game beside a few upper-income white libtard NPR/WBEZ types is a… Read more »
here the latest CTU Trump basing crazy…..maybe Donnies is the best thing they got going at this point????: (https://www.ctulocal1.org/posts/trump-dismantle-civil-rights/)
Trump has been quite the serviceable villain for the left. First, they blame him for Joe’s incredible dumpster fire of a presidency, then they blame him for white supremacy and now they’ve shifted into a panic mode to push through more nonsense before he assumes power. Yep, they sure get a lot of mileage out of Trump.