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The new cabinet-level position focuses on examining systemic racism that exists in Chicago and figuring out policies to help correct those racial disparities.
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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Mark–you forgot about the upcoming reperation ordinance..coming in September…somebodys going to have to be in charge of taxing all us guilty middle aged white folks out of are homes, paychecks, etc.. Chicago Sun-Times: Willie Wilson says he was spurned by Lightfoot, now working with aldermen on reparations ordinance.
https://chicago.suntimes.com/city-hall/2019/7/31/20749270/lori-lightfoot-willie-wilson-aldermen-reparations-ordinance
I moved to a sane southern state,This crazy chicago way is not at all going to work about this subject.Jump the property up for this and watch the banks get a ton of houses back.I lived in illinois for 65 years.Thank God I sold my property with out a big loss,my new propery tax is $300.00 a year not what it was in illinois.I even found out my health is a lot better with out the stress of getting robbed by the state of illinois every time you leave the house.
NB, you just have to say you identify as black and you’ll get the money right back in the form of a check. Look what it got Rachel Dolezal.