-- 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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Since it was St. Catherine-St. Lucy-St. Giles parish who welcomed the illegals in, offering food, clothes and showers, it should be the people of that parish paying the water bill, not the taxpayers in Oak Park … and definitely not IL or federal taxpayers.
The border is porous by choice. It is a choice that Democrats and Biden made. It has been opened and these economic migrants will come for free stuff. It is right for the overwhelmingly democratic village of Oak Park to support these people. They encouraged and voted for this. However all this funding is to address short-term, immediate needs. It is beyond time that Oak Park address the permanent needs of these people. Where is the planning for permanent housing in the village? After all, it seems rude to go a few blocks into Chicago only to view these people… Read more »