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Comment: The capital bill is a grossly oversized, pork-ridden, politically discriminatory monstrosity. The gambling bill tries to fund it by making losers out of our own citizens.
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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“I want to encourage people from around the Midwest and around the world to come to Illinois…” Fat slob is encouraging people to leave via his actions, not come.
I think I’ll buy stock in U Haul, because the exodus has only started.
Better yet. I want to invest in the companies that make the orange barrels and cones. There will be millions of them on the roads. Traffic will backed up for untold miles because only one lane will be open and you will only see 3 or 4 workers around. It will be hard for the U Hauls to leave because of the traffic nightmares to come so they probably will robbed of all their possessions (mostly by the state) What a Mess!
Employees, not workers. These guys have no idea what work is. The photo in ST is what you’ll be seeing soon-bunch of white guys standing around doing nothing at all. You should invest in a Dunkin Donuts franchise instead of barrels and cones.
Love it! I will try not to make that mistake again. How about entities or just cardboard cutouts or highly paid loiterers with massive pensions down the road. I like Dunkin but took a beating on Krispie Kreme.
PRITZKER HAS TO GO, HE AND MADIGAN ARE KILLING THIS STATE,,, THERE IS NO COMMON SENSE AT ALL