-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Yea, I’ll hire a shyne to work on my house! Is Ervin using colored contractors to rehab his dope house in Maywood?
Thank you for displaying your racism for all to see. People like you are the reason affirmative action still exist. Next time you complain about that make sure you look in the mirror for the cause.
Put a sign on your lawn, I salute your bravery.
Ald. Ervin is on the Education and Child Development city council committee, so what has he accomplished with his committee to educate, train, and increase the number of black contractors?
I hired a black contractor for a job once, at the suggestion of the local alderman to give back to the community in order to get permit approved. It was essentially a shakedown to give a guy who had no idea what he was doing money. The labor he did supply sucked and were clearly day laborers or worse, rehab / halfway house degenerates. We ended up paying him 50% of his contract to just go away and not do anymore damage which I think was the racket all along. Black alderman and black contractor, nothing got done, money was… Read more »
Trade unions are the #1 contributor to the Democratic Party and a pipeline into the contractor field. Yet the Black Caucus can’t seem to connect the dots.
Why more blacks aren’t employed in the trades is the 8th Wonder of the World. I can drive by any job site and it’s crawling with Mexicans. Think about that. They come up here without English language skills, may not even have skilled trades experience when they start out, have to get used to cold weather but somehow they overcome these obstacles. The trades pay well as anybody who has ever had to hire a plumber or electrician so you would think someone who is native born and all the advantages of being a citizen would be all over skilled… Read more »
Mexicans will work for less money. They also drive without car insurance, live in households with lots of people, don’t involve themselves in the child support system, do not have any workers compensation insurance, and use the ER as their primary care. But other than that, it’s a win-win for everyone except blacks who have to complete with illegals for jobs….
11%? Nationally blacks represent 13% of the population. Though you wouldn’t know it from the news, TV shows, or advertisements. You’d swear blacks must be in the vast majority.
So much for competence, quality, merit and competitive pricing in awarding contracts.Tick the right boxes and who cares whether or not you can deliver?
City Council Wants Illegal/Unconstitutional Race Quotas For Contractors