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.
Bring back Lori Lightfoot!
Screw equity. Do what’s right for the security of the riders & CTA employees. This is a greatly failed experiment. This cannot be cured with “feel good” policies with no consequences. Chicago will never return fully until all transportation and neighborhoods are secured to their greatest extent. No more half measures.
Oooppps! From Google AI, “The Illinois Worker Adjustment and Retraining Notification (WARN) Act requires employers with 75 or more full time employees to provide 60 days’ advance notice of plant closings or mass layoffs. It applies to layoffs of 25 or more workers (if constituting one-third or more of the site’s workforce) or closures involving 50+.” Rules for thee but not for Mayor 6.6.
The so called security guard to the sleeping
person,” would you like a pillow and some warm
milk tonight?”.
Gosh, there is just so much to unpack with that development. Well, they ran out of money – not too surprising. Asking questions like, how much graft is actually skimmed off the top of these security contracts? Who’s brother in-law owns the subcontractors? How effective is an un armed security guard on a train with armed criminals? The biggest question is…is there any money left in the $1.5B fortune Jumbo stole from the people of Illinois designated for the Road Funds and handed to the CTA months ago or has all that money been stolen already?
Stolen all gone, they had to make up for the
loss of welfare cards being cut off.
Thank Trump for the ARMED SECURITY GUARDS . Again race is brought into a business decision.
““I blame a system that has failed Black and Brown people” States Ald. Stephanie Coleman (16th)
Could someone inform Ald. Coleman that Black and Brown people run the System?
Disproportionately to boot. Blacks, at last count, are third in population in Chicago behind whites and Latinos, yet they have the lion’s share of jobs in city and county government and in the City Council. Like him or not, King Richard I ran a tight ship that got things done. None of his successors, including his son, come even close to being as effective.