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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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If the negroe population is declining, there should be a proportional reduction in wards. Jason Ervin, dope king and former nimble cat burglar. Probably a CPS alum.
Black and Hispanics will vote as one block to reduce the number of white wards. Whites voting to keep white wards proportionate is racist and no member of city council would dare say that out loud. There’s an old saying that if you’re not at the table, then you are on the table; and in this case, the Black and Hispanic (and soon to be Asian) caucus is at the table drawing the maps..which means we all know who is on the table. And with a solid 2/3rd BIPOC majority in city council, and a racist white hating mayor, my… Read more »
Hmmm… I’m a little confused about why wards are important. Representation? City Services? A voice in the city council? Your more likely to be shot in your sleep by Alec Baldwin than get anything from your elected representative. How about Chicago’s most remembered Democratic precinct Captain,The Honorable John Wayne Gacy! A proud Democrat.