-- Connecting the dots between our economy, government and business --
"The governor, the mayor, with a wink and a nod, told everyone to protest peacefully. And we’ve seen the exact opposite unfold,” Ald. Ray Lopez said. “They’re continuing to play a game of chicken with other people’s lives.”
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
King Pritzker of the 400+ Covid exec orders and 70 Illinois tariff increases on “his people” signaled weeks ago to the wild “progressive” agitators it was go time when he said never before has he recommended mass protest but he is now. He could and should have reasonably had law enforcement cooperate in removing criminal illegals. Instead went the political route he would not have taken had Biden been doing the right thing and deporting criminal illegals. This is pure politics, it’s about securing long term votes in IL, winning the mid terms and nothing else. This could backfire on… Read more »
The voice of reason, courtesy of Alderman Ray Lopez. Meanwhile, JB the Hutt and Mayor Cliff Notes continue to foment insurrection while accusing law enforcement of the same and the useless Chicago media continues to provide those two Illinois imbeciles a bullhorn.
ICE is not nICE.