-- 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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This referendum pits small property owners against the rich. The really unfortunate part of this is that the rich property owners have all had choices to make a stand against the left for years. They did what? Sad to say, but when you feed the crocodiles, it just means they eat you last.
JUST VOTE NO
By all means pass the mansion tax I can’t wait to see the exodus and carnage continue.
You cannot discuss the problems without
Being called a racist and hurting the ignored
Black community. The track is clear, full throttle forward, raise more taxes and accelerate the exodus.
With an increase in Haitian population.
Really something to look forward to.
The city will run like a fine Swiss watch.
The “ usual gang of idiots” will win.
Welcome to Haitago, the new motto,
“ Heads up, incoming “.
Be careful Wyatt, the Haitians are cannibals and they know Americans are the fattest people on earth.
They could feast on El Gordo for a month.
They better get some Bromo Seltzer.