-- Connecting the dots between our economy, government and business --
Working-class reformer Brandon Johnson is now Chicago’s mayor. The next task, as socialist elected official Anthony Quezada argues in an interview, is to bring more ordinary people into the political process so Johnson can actually pass sweeping reforms.
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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“… so Johnson can actually pass sweeping reforms …”
It takes lots of money to pass sweeping reforms. Where is this money going to come from? Corporations and residential taxpayers already know IL is the first or second-worst taxed state in the country. Continuing to increase already high taxes will only cause more corporations and residents to relocate to other states, so estimates of additional tax revenues generated are quite exaggerated.
This commie insinuated that corporations should be forced, by law, to stay in Chicago if they tried to leave.
This is the core problem with communism: It is wildly unpopular; and repressive and authoritarian measures are necessary to keep people under communist rule. That’s why Russia, China, Cuba, etc all closed their borders and wouldn’t let people leave. This guy espouses the most anti-American and un-American commie nonsense, he’s even further to the left than Bernie Sanders.
Former Chilean President Augusto Pinochet had the best way to deal with communists — fly them in a helicopter out over the ocean and drop them overboard.
https://en.wikipedia.org/wiki/Death_flights
There’s so much here, I could write my own article 100x longer than the original interview. But the main takeaway is that Cook County is too far gone with communists like this in charge. Remember, communism is not a theory of shared means of production or whatever. The theories are just window dressing. Communism is only about destruction: Put me in power and I will destroy the people you believe are causing all your problems. That describes Anthony’s entire interview. By my count, his voter’s enemies are: 1. white gentrifiers colonists in Logan Square, 2. landlords, 3. anyone who doesn’t… Read more »
Roundabout way of saying he wants government to control the means of production.
Pretty much, and he would force corporations to stay if they tried to leave, just like East Germany prevented them from their residents from fleeing to West Germany. Part of holding corporations accountable is taking away the ‘right’ for corporations to flee social Democrat shieetholes. Which is ironic, because he advocates for free movement of people with his sanctuary policies, but doesn’t like the free movement of capital, while the rest of the world civilized world does the exact opposite, and allows for the free movement of capital, but restricts the movement of people.
Excellent.