-- 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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Licensing home businesses was about maintaining neighborhood quality of life in urban centers. Unlicensed auto repair shop in the garage next to your house ok? Manufacturing? House parties? Drug store? Unlicensed daycare next door? Unlicensed bar? Cesar of course wants the taxes and your next door neighbors need someplace to park. Since everybody seems to expect more free stuff, benefits and “human rights,” somebody has to pay taxes. LOL. Even artists and musicians are periodically targeted by police in Chicago for hosting home art galleries and concerts.
Landscaping businesses the worst. They dump their yard refuse on the property and it composts and stinks to high heaven…
Why do any home businesses need a ‘license’ from the City? A city ‘license” is nothing more than a revenue grab other than a grab for the City of Chicago.