-- 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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Brandon Johnson on the wilding riots: “However, it is not constructive to demonize youth who have otherwise been starved of opportunities in their own communities.”
Perhaps we shouldn’t be surprised by this quote – BJ made his character well known during the campaign – excuse everything because of racism.
If this first warm weekend is any indication, it’s gonna be a very rough summer in Chicago.
Elections have consequences.
what OPPORTUNITY is Johnson talking about?…they have to loot, riot, and vandalize in Downtown Chicago, because the OPPORTUNITY to do that in their own neighborhood is gone, because they already drove all the quality business out when they became crime ridden. Walmart closed 3 stores…because they were losing an average of $8 million a year, largely due to SHOP LIFTING…so now, the thugs, robbers, vandals, have to go elsewhere, because there’s nothing good left to steal where they live..Johnson, of course wants to throw money at it….hey,…the CITY of Chicago has been doing exactly that for decades. Get back to… Read more »
The Wokesters of the world will visit with their families because the news reports of civil turmoil are biased and racist. Little Buffy, Biff, and Sundance should be fully exposed to the enriched urban culture they so desperately need. Welcome to the Thunder Dome!
Why would anyone put their life at risk simply for a meal that they can get safely elsewhere? As this violence spreads unchecked, fewer and fewer people will venture into the engine of Chicago’s economy. The genius city planners are already trying to turn downtown commercial buildings into section 8 housing. It doesn’t take much imagination to envision what that will look like in 10 years time. It will then spread outwards.