-- 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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They don’t know what to do? Really? Sounds like exaggeration. Lori had her ilk know everything, just ask them! FIGJAM,
Lightfoot needs to get Abbots name out of her mouth. Chicago asked for this.
Local cities and towns should REFUSE to take any into our communities. Will they have the backbone to do it? Most likely not. The way we save our Country is to stop COMPLYING with Lawless laws that owned and corrupt politicians are foisting upon us. They are trying to destroy our Country.
Rockford knows all about taking in relocated individuals based upon the transfer of the Cabrini green residents into its city from Chicago. Therefore in a way Chicago deserves this situation as someone does to them what they have done to others.
Dulce Hogar Chicago!
Chicago has been a sanctuary city for 40 years yet is flummoxed by a busload of 50 migrants. The level of unpreparedness says more about Chicago’s “welcoming” infrastructure than anything.
Lori was unprepared for the light that was shined on her facilitating illegal immigration.
And based upon that it must be the will of the Chicago people to want the situation …after all they voted for it
Coming soon to a community near YOU to consume precious resources supported by YOUR taxes.
Thank you, Joe Biden.
They won’t just stay in Chicago. Soon enough they’ll be in Cicero, Wheeling, Round Lake Beach, Palatine. A full blown invasion this is.
Look on the bright side Debtsor,
If Abbott starts busing them here by the 10s of thousands we’ll get another Democratic congressional seat!