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Johnson also huddled with the top House Democrat, Rep. Hakeem Jeffries from New York, whom he met for the first time. “He gave me a lot of advice,” Johnson said, including about how Chicago hosting the Democratic convention “could be and will be a catalyst for long-term investments and a true display, an example, of the best parts of this country.”
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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Wow, that picture of Johnson with Duckworth and Durbin summarizes intellectual incompetence of Illinois political leadership. Not one of these folks has accomplished legislation that benefits middle-class Illinois or Cook County voters.
Middle class folx didn’t vote for any of them. Dems are the party of the top 20% of incomes and the bottom 40%.
Another Biden Bailout — the go-to move when Illinois Democrats aren’t stealing enough money to find their crooked racket
Photo reminds of of this.
“Eye of newt, and toe of frog,
Wool of bat, and tongue of dog,
Adder’s fork, and blind-worm’s sting,
Lizard’s leg, and howlet’s wing,–
For a charm of powerful trouble,
Like a hell-broth boil and bubble.”
Be surprised if Mayor Johnson doesn’t blame Lightfoot and Pritzker for his woes – that’s the way it works. Johnson will claim that his brand of wokeness and marxism are better, but Pritzker and Lightfoot have left huge dung piles and it will take years.
That may be the most frightening picture I’ve ever seen! Many words were spoken and absolutely nothing was accomplished.
All arrived in the tiniest of clown cars for certain
More, Larry, Curly no specific order