-- 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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The things that make a destination an interesting and exciting place to visit for a brief time are very different than the things that make that same destination a place people want to move away from. High property taxes, failing schools, government corruption and crime may be things a traveler will look past for a long weekend but will be very attentive to when selecting a new home city.
Hmm, occasionally I did the Nasty without a Condem….
They now have ZERO credibility.
We went out for dinner last night in Printers row. Coming back up north through the loop we saw hundreds of illegals, kids, what I can only describe as Tupac looking thug types hanging out among the illegals, guys in those neon batmobile trike things booming rap music, this was mostly between Harrison up to Jackson, then it got more normal. When we got home we checked the scanner tweets and three calls to that area in the past two hours including a male hispanic stabbed by the library. Great job democrats, I can recall when those side streets were… Read more »
Oh my God! You saw black and brown people and survived. You’re so brave.
Joe Biden Tells Democrats to Treat Future White Minority ‘with Respect’ October 1, 2023
“We’re going to be — very shortly — a minority-white European country, and sometimes my [Democrat] colleagues don’t speak enough to make it clear that that is not going to change how we operate,” he told the progressive billionaire-funded ProPublica website. Democrats must treat white Americans with respect, as they and their children quickly become a racial minority in their own nation.
This is the Bolshevik’s dream, always has been and always will be.
One of your black and browns killed and got killed last night. 16 y/o black female stabbed and died at the same intersection I wrote about yesterday. Keep laughing tard, you’ll be next.
Stan doesn’t understand that this isn’t about black and brown people, it’s about difficult cultures. You and I don’t have anything in common culturally with the thugs causing trouble in Printers Row. They have a culture of crime and violence. And they like it that way. They like to crowd sidewalks and cause mayhem and violence. They have completely different values. And when you complain about the obvious degradation of the neighborhood, they call you a racist. If these were a bunch of BIPOC depaul or UIC Law school students hanging out after class, you probably wouldn’t have thought twice.… Read more »
Conde Nast voters are mostly older people who actually used to read magazines — when they still existed — their fond memory of Chicago is from the 1980s — and the hooker they met on Rush Street
Conde Nast must be short of funds. They must have cancelled all there newspaper subscriptions and cable tv outlets so they don’t ready any news. And the budget cuts must mean they don’t send anyone to visit the cities they are rating. What a crock!
And I guess they never heard of Nashville, Orlando, Jacksonville, Austin, and all the other really great cities to which people are stampeding.
The Mug Mile is simply spectacular! And when you get tired of looking over your shoulder at the thugs and gangbangers downtown, you can head to one of the 77 charming neighborhoods to get carjacked or shot! What a delight!