-- 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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Replace the words with ‘Financial Centers’ with ‘Wokeness’ and the list makes more sense. Middle East, China ranks low, western countries that are part of the GAE’s globohomo imperialism rank high. See how this works?
FRAUD ALERT — Even Though Businesses Are Stampeding Out Of Chicago — And Even Though Chicago Has One Of The Most Hostile Business Climates Of Any Large City — Globalist Cucks Somehow Vote Chicago A Top 10 City For Business
CME will be moving out sooner or later. They have talked about before.
Brandon wants a financial transaction tax. If the people of Chicago are apathetic enough to allow him to be elected, the CME departure is a sure thing.
Brandon’s “Big Banks Securities and Speculation Tax” ($1 or $2 for every securities trading contract) will put a bit of a dent in Chicago’s financial center ranking.