-- 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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The dullest of politicians and voters who approved sanctuary status for undocumented illegal aliens could have predicted that many would be poor and need help. Due to the secrecy of ballots, it isn’t possible to identify those, if any, who cast votes for sanctuary status. However, the legislators or other politicians involved as well as those who financed their campaigns are able to be identified. Let those who are responsible “help the poor” and decide who “needs” help. That is: pay for the “human rights” you brought into being. Just like any father should do (and be compelled to do)… Read more »
Chicago’s credit must be good; it is all over town.
With the water bill, tax bills and outstanding tickets he owes on I doubt he knows what a credit rating is
Ya know what mayor Pinhead…there are millions of other people, citizens in the City of Chicago that need government consideration too, not just the illegal and poor. These regular tax paying citizens don’t need or even want anything from you except Law Enforcement, fire protection, clean safe streets and infrastructure and you can’t even do that correctly. These tax paying citizens want you to stop taking more and more of their money to waste on your made up prOgrams. You always abandon the majority of the Citizens and are consumed with the interests of the few. Hopefully at some point,… Read more »