-- 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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Jan 20th can’t come soon enough.
Why cooperation with ICE is even open to debate is amazing.
It seems to me that the only residents left in Chicago are dependent on the city/ county for either their paychecks or dependent upon the city/county for the services and handouts that keep them housed and fed! What else would explain how casually they elect leaders who ignore existing laws?
Why doesn’t Brando want to protect US citizens in Chicago from bring victimized by criminals when there is assistance available to prevent this from happening? Or asked differently, why is Brando such an idiot?
Interesting to see what develops. One would think that Trump would expect this type of thing and has an answer to it. As I have repeatedly pointed out, the Democrats will throw up every barrier they can to stop the deportation of illegal aliens.
not a drop of federal money until they cooperate with Tom Homan.
when the public sector checks start to bounce, they’ll get real reasonable real fast.
Offhand, that seems to me to go beyond what the city is legally free to do and would be the kind of obstruction that is prohibited.
Why not? BLM Brandon cut his teeth in CTU/CPS where the rules don’t apply and anything goes – for adults and children alike.