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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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Hmmm have the black citizens been brushed aside in favor of new immigrants? I suspect the city council will receive an earful soon! Boy oh boy it’s going to get interesting. Maybe open warfare.
There will be simmering racial warfare as hispanics fight for neighborhood turf. There will be many more inter-racial murders in the upcoming years. Blacks are going to be displaced by hispanics from some of the more valuable city real estate located near the lake shore, commercial corridors and outdoor parks. That’s why the residents of South Shore are so upset that hispanics are moving in: They have Jackson Park to the north, the lake to the east, I-90 interstate access to the west, and the hispanics to the south are only a mile and a half away, and moving north… Read more »
This st articale is a must read, a progressive black vrs migrants meltdown over $51m for one month at city hall w alderman Lopez only one asking the important questions. Its really going to get crazy if city is diverting $ promised for anti-violence now going for migrants. https://chicago.suntimes.com/city-hall/2023/5/31/23743981/migrant-crisis-funds-chicago-immigrants-city-council-vote-homeless
There’s a tent village downtown now. I’ve seen it with my own eyes at Clinton and Lake under the train tracks. I’m guessing Lower Wacker is even worse.
Americans Are Sick Of Having To Support Illegal Aliens – Lake County News-Sun
The most astounding fact articale doesn’t mention is the $51m for 10,000 migrants IS ONLY FOR ONE OR TWO MONTHS!! you do the math…
Yep, that’s just amazing. $50 million dollars…housing, healthcare, food, transportation….all good. spared no expense.
ONE MONTH TILL JUNE 30TH THEN WHAT
It’s for one month. $170/ per illegal Alien per day. Must be the “steak and lobster” plan.