-- 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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They should spend $3 mill on gaint virtue signinaling mirrors for each evanstonian to stare at themselves in……maybe throw in some cardboard cutouts of— homeless guys ,solar panels, blm/ social equity protesters as background
Build a monorail
Well, sir, there’s nothing on earth Like a genuine, bona fide Electrified, six-car monorail What’d I say? Monorail What’s it called? Monorail That’s right! Monorail Monorail Monorail Monorail I hear those things are awfully loud It glides as softly as a cloud Is there a chance the track could bend? Not on your life, my Hindu friend What about us brain-dead slobs? You’ll be given cushy jobs Were you sent here by the Devil? No, good sir, I’m on the level The ring came off my pudding can Take my pen knife, my good man I swear it’s Springfield’s only… Read more »
Evanston Reparations Racketeers, Racial Grievance Grifters, May Raid City’s Federal Aid Dollars, To Fund Their Illegal Race Based Revenue Robbery Ripoff