-- 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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It will become a sanctuary for criminals once that no cash bail law goes into effect. Assuming that it will I gotta admit the situation will be fun to watch when standin outside the city
Biden is the problem Toni.
No, don’t lobby your hero, Mr. Biden, to control the border, lay it on the states being invaded by the lawbreaking hoards.
Insightful, Toni, really insightful.
Oh. OK. So this is a problem for Texas and Florida to solve, is it? The revulsion at these phony sanctuary city Democrat hypocrites can not be overstated.
How bout some truth in advertising Toni?
Drop the Sanctuary City beess if you can’t walk the talk.
Wow, we pride ourselves as a sanctuary county yet we don’t budget for it? That’s damning.
***—Cook County Board President Toni Preckwinkle didn’t provide an estimate of the cost, but said it’s “not an inconsiderable number” and that it wasn’t accounted for in the budget.—***
Does she think the counties along our nations southern border have accounted for this in their budgets…???
NO, because it’s an invasion…
You talk the talk about being a sanctuary for undocumented immigrants, well now it’s time to walk the walk…
Wait, she talks about being a sanctuary city / county, however does not budget anything for it? Own it Toni, and live within your means. Might I suggest stopping the universal basic income program and redeploying that cash for migrants? More bailouts from DC just means more money printing and more inflation. She is clueless on how the policies she advocates for are destroying the economy the middle class needs to survive on.
Sanctuary city/state/county hypocrisy at it’s best.
“I just wish the elected officials of Texas and Florida would be approaching the Biden administration to try to work through some of these challenges rather than putting people on buses to come here.” So Toni claims that “people” – which is to say illegal alien immigrants – that the Federal government has allowed to enter Texas and Florida (and Arizona and California and New Mexico and Louisiana and etc, etc) should stay in those states (who don’t want them), rather than coming to the states full of people who elect politicians that say we should let anyone into the… Read more »
Crooked Corrupt Cook County Democrat Boss Preckwinkle Sees Illegal Aliens As Cash Cows To Get More Biden Bailout Bucks