-- 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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“They say voters deserve what they get in a democracy, but no one deserves Chicago Mayor Brandon Johnson”
Wrong. Chicago voted for him, you people literally deserve him. Sorry. Dumbest voting populace in the country. The next mayor will probably be Stacy Davis Gates herself. Don’t like it? Leave like I did, otherwise “Thanks you sir may I have another!”
We are witnessing in real time the collapse of a world class city’s education system and the takeover by true haters and bigots. Their lack of knowledge of basic history is appalling. Brandon must not be aware that Illinois was never a slave state. And he must have forgotten that almost 35,000 Illinois young men– who happen to be almost 100% white men– died in the Civil War fighting to end slavery. Any gratitude at all for that massive devastation? Any recognition that Illinois sacrificed those thousands of young men, and a righteous President, to end slavery? If he can… Read more »
Poor and uneducated is where Mr. Johnson’s supporters are and as long as they continue to fall for his siren song of race baiting that is where they and their children will stay.
Smart move. What else does he have? And after all, it always works on the morons that live there and the lapdog media.
FYI–previously I’ve commented Brando plays the race card but CTU is majority WHITE upper-middle class. Today I googled CPS demographics site for 23-24 (https://www.cps.edu/about/stats-facts/):
This majority is mostly self loathing woke white women (In fact……many of them lonely and crazy cat ladies. Truth is stranger than what the propaganda media says is fiction). Kamala’s key demographic.
I take your point, but it’s actually *plurality* White, and majority non-White. That is, assuming that Hispanics are non-White.
I wish we could get back to being just Americans!
Could headline WSJ; didn’t think you had it in you.
Brandon and Stacy are the raggedy bigots of low expectations of Chicago’s public schoolchildren.
“Raggedy bigots of low expectations.” That’s a keeper, Giles.
That’s high praise coming from you, Mark. 👊