-- Connecting the dots between our economy, government and business --
Irma Holloway, a 53-year-old real estate investor with a checkered financial past and a rap sheet that includes arrests for theft, forgery and bank fraud, resigned as economic development director for Hazel Crest Friday following inquiries from the Daily Southtown.
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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Ah those Demorats, always taking care of the corrupt! Get your head of of between your legs JB and clean house on these corrupt M/F!
John, John, John, don’t you understand the racial set-aside programs? When “diversity” is a legal requirement, all that matters is race and sex…check the box and move on. Why turn over rocks… After all, if a criminal past disqualified people seeking public offices and public contracts, there would by definition be a “disparate impact,” so it would be illegal. It’s a fact that convicted robbers are being placed as judges in courtrooms after they served their time and acquired a (doubtlessly funded-by-taxpayers) law degree. This is the problem today: reality is so idiotic that satire is no longer possible.