-- Connecting the dots between our economy, government and business --
The alternative city budget muscled through the City Council over Mayor Brandon Johnson’s objections required the city to make the full $260 million advance pension payment to stave off another costly reduction in Chicago’s bond rating. Late last week, the Johnson administration ignored that mandate and made a half-payment of $130 million.
Summary and audio linked here.
Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Summary and audio linked here.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
Podcast link is here.
I dunno…maybe he has a boat payment due… Pinhead likely doesn’t even know it is happening.
Mayor Cliff Notes already pinched it and threw it at his pals in CTU and the rest was doled out to illegal immigrants in ‘his’ sanctuary city.
Check for the half in the CTU offshore account.
Typical lawless Democrats. A government of losers. Pathetic!
If he has it, that’s $260 million that hasn’t been stolen yet. Do you mooks really think he is going to let that go to pensions before all the leeches get their taste?
Perhaps Brandon thinks that the pension fund is like a water bill to be paid at his leisure.
The city doesn’t have the money. Chicago is broke, Illinois is broke. Highest taxes in the land and not the change of a nickel. Lots of rich public sector workers with gold plated pensions.
You can’t spend a contract right if the obligor is broke. The black screen at the end of the tunnel.