-- 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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There’s a lot more full white buses showing up outside the DMV lately. Wonder what Alexi Giannoulias and the clan are up to.
Need illegal alien bounty hunters and rewards.
First, allow and even encourage hordes of illegal immigrants to move to Illinois; then, figure out whether you can take care of them. Sounds about right for the City of Chicago and State of Illinois leaders’ mentality.
Who does it benefit to have families with children peddling at every stop on the blue line? How is society better when indigent, illiterate and poor families from the other side of the planet are dropped into the Addison Blue Line to beg for money? How is this a good thing? Why does anyone believe this was a good idea?
Hey Antonio, you and your fellow Latino socialists, along with your progressive pals Johnson and JB that invited the illegals here without asking those who pay for them, you take them in and feed them, doctor them, etc. Walk the walk, amigo!
Don’t let Pritzker off the hook – he plans to thwart deportations in Illinois.
Perhaps he might want to offer housing in one of his mansions.