-- 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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Translation: we’re an upscale suburb, with no affordable housing, but our progressive constituents urge us to participate in “welcoming of recently-arriving migrants” woke virtue-signal checklist-exercise. We intend to house and subsidize five families total, carefully cherry-picked for their photogenic two-parent two-child college-educated household composition to match Evanston’s progressive self-image, and will be housed in five affordable-rent two-bedroom two-bath apartments, if and when we can find such. It’s a struggle, but we’re dedicated to the Marxist fight.
Just wait until the Evanston’s 15% black residents discover their local tax dollars are being spent on illegal immigrants instead of long term residents in need! It’ll be the south side all over again!
Evanston’s “historically-black” residents are busy preparing their “restitution” application essays for annual submittal-consideration. Evanston bought and paid-for their cooperative silence.
What a great place to send migrants. I hope Madison and St. Clair Counties are next/
Jessica Mayo is correct. Many dense people in Evanston.
Lots of mansions owned by rich Democrats with extra bedrooms and room for tents on their large lots. Plus I thought that “hate has no home” in those mansions! Surely the Evanston lefties will each take in a few of the “no one is illegal” crowd.
Bowmanville is too close to Evanston. Where did I go wrong?