-- 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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Chicago Mayor Brandon Johnson has spent $30,000.00 on those funky haircuts since he became mayor.
The State of Illinois has statutory requirements for financial filings by municipalities and other taxing bodies.
Dolton is delinquent in filing financial statements since 2022, according to Lightfoot.
Where is Atty General, Secretary of State, Governor, Illinois legislature?
What good are laws which go unpoliced and unenforced?
Raoul is the embodiment of two-tier justice.
Like Joe and Hunter Biden, the ‘Super Mayor’ forgot the first rule of grifting: “Don’t get caught.”
Then she tries the George Ryan tactic of trying to pay off the community to buy their votes. How this abomination still holds the gavel anywhere is beyond me.
Ah, but wait! She recently resurfaced and, accordingly, made a big show of it on You Tube. She ( the taxpayers ) put on a feel goody fun fair replete with free food, go kart rides and the ubiquitous backpacks . The self aggrandizing video also informed the audience that she likewise has a hand in the finances of Thornton Township.