-- 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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Cayman Islands?
We found the money where, in a shoe box in a closet !
I can’t believe that Chicago Latinos really understand what kind Marxist nutjobs they are electing, like these two. Most Latinos or their parents came here to escape the results of this kind of leadership. Is there no Latino voice out there that can explain that to voters?
Rodriguez-Sanchez’s district includes Albany Park and Avondale which are full of leftist communists and the more liberal areas of Irving Park (the less liberal areas of Irving Park to the west elected Garnier as their alderman). A Marxist Latinex self-identified as Female ‘Alder’ (from the Old Saxon, meaning Patriarch) is very on target in a 20% turnout election. Alder (Alder from the Old Saxon, meaning Patriarch) Jessica Fuentes a Queer Latinx is in a district that is basically very-liberal hipster urban gentrifiers, encompassing West Wicker Park and South Logan Square, both of which are not real communities, but describe the… Read more »
Spot on. Still, I wish a sane Latino would lead a movement against them.
Latino turnout in the City proper is always very low because, as no one will admit, there are many illegals who cannot vote. This was one of the major issues in Chicago’s ward redistricting several years back. There are slightly more hispanics in Chicago than Blacks but the approved maps with 16 Black wards vs. only 14 Hispanic wards EVEN THOUGH there are more hispanics than blacks in chicago. The reasoning behind this (not addressed in the article below but discussed by black aldermen openly elsewhere) is that the hispanic population is younger than the black population, and therefore, non-voting,… Read more »