-- 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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The harsh winter is going to play into the mayor’s strategy.
They are going to kill these people if a very bad cold spell hits, and it does once in a while.
These immigrants are the new residents of the Chitty, as many others are fleeing the high taxes and high crime.
Leftists are chronically incapable of anticipating the consequences of their feel-good policies. It happens with every single misguided idea they ever promote. Then they blame someone else for the problem, and demand more money to fix it.
Pritzger has a mansion or 2 or 3 or 4, some with toilets some without, so it would seem possible for the most generous and sympathetic billionaire to offer illegal aliens a place to live.
The correct phrase is criminal illegal aliens. Deport them all.
ALL of the border jumpers.
If you want to come here, do it legally.
The winter is part of their plan.
Another interesting article that speaks of a desperate situation, but doesn’t bother to mention that it never had to happen! Close the border you stupid fools! All this talk of the need for billions of dollars for big blue northern cities is ridiculous. And the mayor of New York saying the federal government needs to “finish what they started” is an insult to anyone with a small number of active brain cells. This desperate situation was caused by the incompetence of the worst president in modern times, who has also screwed up the US economy and has no idea what… Read more »
40% of the country voted to re-elect Carter in 1980.