-- 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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Democrats are very close to Obama’s legacy – Marxism. To wit, John Fettermen, aka ‘Lurch’ is a voice of reason. Think about that.
Ramon, you’re out of touch with the AOCs, Waters, Crockett, Sanders crowd, ese! Better get with the America smashing, destroying crowd, holmes!
Dems during the race promise they’ll bend over backwards for their constituents. They get elected , stand up straight and lie into the microphone. Illinois as plenty of examples both in and out of prison
Alderman Raymond Lopez seems to actually care about Chicago.
But what does the Democratic Party stand for anymore? I think it stands for lawlessness and reckless spending. Dems like Kamala Harris, Gavin Newsom, Karen Bass, Brandon Johnson have no common sense. Not only are they incompetent, but more alarming is the fact that they have no empathy or compassion for crime victims. The Dems want cities to burn across America.
Lopez is highly intelligent and a gifted communicator, IMO.
IMO We need more Raymond Lopez and less Brandon Johnson.