-- 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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Crappy italian beef sandwiches “culturally-appropriate”?
Buona Beef is a non-union shop, its storefronts picketed by unions during their construction. So BJ is secretly supportive of union-buster companies with history of labor problems, so long those companies don’t challenge CTU’s territory? Curious minds need to know.
The migrant mess is already turning into a pay-to-play /where’s mine money grab$. Who would have thunk? this is good response from Food Depository that was providing food services to migrants on Capfax:
https://capitolfax.com/2024/01/26/greater-chicago-food-depository-tries-to-set-the-record-straight/
Super insane that the city agreed to run never ended refugee camps out of the city budget. What other places in the world do this?
Denver.
https://www.yahoo.com/news/city-710-000-struggles-cope-140000835.html