-- 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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I’d take Mexican Independence Day celebrations over BLM (Burn, Loot, and Mayham). The businesses may lose a night of business, but at least they still have a business in the morning.
This is called a ‘straw man’ argument. The are more than two choices. There is a third choice and that is neither.
If Trump was president, he would send ICE vans to round up illegals en masse
A friend’s bar business downtown was down 75% on a nice Friday evening. So that’s supposed to be a good thing?
And yet Saturday’s Chicago Trib headline honors these weekend-long enormous car-caravan traffic disruptions as important “cultural heritage” celebrations, worthy of everyone’s respect and accommodation.
It’s not a permit-authorized parade down The Loop’s State Street.
It’s major inconvenience for all downtown and Near North residents and businesses.
It’s cause of disrupted ambulance, fire and police services.
It’s unfortunate huge traffic jam for all us other Chicago residents, not even mentioning the revelers’ car horn and motor noise, the auto exhaust and dope smell, and the littering.
Another example of sad-sack Chicago.
Agree completely. The Mexican / Hispanic spokespeople they trot out say it is just people peacefully celebrating whatever. The restaurants and businesses say they just lost major business on the best night of the weekend because the cops had to shutdown car access because all all the uncontrolled mayhem. Johnson fails businesses again. Funny the Mexicans celebrate independence so vociferously for a country they ran away from because they themselves voted for soft on crime and corrupt politicians over the last 50 years. They will run away from sad-sack Chicago after they are done destroying it too.
If you import people from the 3rd world, you become the 3rd world. This is cultural diversity in action! What do you mean you don’t love it?