-- 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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House the homeless with Toilets or Mr. Panic. Fat crap Prickster apparently has lots of bathrooms.
Interestingly while the blacks are complaining there is not enough funding for the homeless their elected politicians in Chicagoland have decided to maintain the City’s status as a sanctuary city. Well there is only so much money so which is it? Make a decision. Do you want homeless funding for your fellow blacks or instead want funding for the immigrants? Such a simple question that needs to be answered in the simple terms of yes or no once and for all.
You forgot the word ILLEGAL before immigrants.
Chicago just blocked proposal that would allow law enforcement to cooperate with ICE on targeting ILLEGAL criminal migrants so I think it is answered.
Just keep pulling that blue handle and this is what you get.