-- 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 has a population of illegal immigrants that Biden will grant citizen status to hence instant new Democrat party voters.
Illinois is hopeless.
Look at the bright side: the rapidly expanding precariat is growing into a true rainbow coalition. (sarcasm) Everyone is welcome, though only the chosen will receive benefits. Let’s just keep waiting for Godot’s imminent arrival.
Pritzker and Lori need more taxpayer dollars to give more contracts and patronage and programs to members of the permanent victim class to insure re-election for both these slugs. That’s what they are about.
Thank you Wisconsin for electing Joe Biden. Or maybe not, but there seems to be no interest in investigating counties with potential election fraud. Now, please pay our tolls on 94.
It’s racist to suggest that middle of the night vote drops, from heavily urban D counties, after all other counties have reported their vote totals, are somehow suspect. That’s how both Walker and Trump lost the state of WI by a tiny margin of votes. And the recounting, well, all that does is recount the same number of votes that were dropped in the first place…doesn’t matter that some precincts have more votes than registered voters..they all registered on election day, right? You racist.
Amen
BTW, you misspelled Crook County
In his damaged head a bailout serves as a disconnect from reality. JB can sidestep any responsibility for the economic destruction the state sustained.
If it comes to Illinois the funds will be spent on many things other than fund the pensions…it’s the Illinois way.
No chance. See the editorial in the WSJ by John Taylor, Economist from Stanford
Seriously?
Amazing. This from a man who ran on NO platform what so ever.
Seriously is right.
His platform was “Orange Man Bad. I am not Orange Man.”
The people who voted are going to get what they deserve, good and hard.
this is my exact sentiment.
idiots that voted for Harris, Prickster, Lightweight, Foxx are gonna get exactly what they deserve…
2021 Goal = GTF out of Illinois
2022 Goal = move to Poland assuming President Harris has implemented 100% Social Communism