-- Connecting the dots between our economy, government and business --
City Hall requires every developer to supply an economic disclosure statement that forces all parties involved in the project to show proof that their companies have no history of making money from slavery prior to the U.S. Civil War. This requirement is a terrible cost to the developers because if forces them to do an inordinate amount of historical research into their subsidiaries.
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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Shouldn’t all elected officials, by extension, have to do the same thing?
Isn’t that the game, though? Housing for Homie’s chosen people built at exorbitant cost by Homie’s chosen people. And when it is either rendered uninhabitable by the chosen ones, or falls apart due to poor construction ( looking at you,” Temple of Obama, All Wise and Powerful”) , then it’s time to slap together some more. This train has only gained more steam and more riders since 1964 and there ain’t no stopping it now.
You really can’t fix stupid…but you can vote him in to be the mayor of Shitcago.
Next every worker on the job will be forced to take a DNA test and bring in their family tree