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.
Send them to Evanston and Oak Park. Those two woke suburbs are already on the road to ruin with their progressive policies. Any other suburban mayor or village president that accepts these illegal immigrants should be run out of office. People don’t want tent cities in the parks or near schools. Underwood should be sent packing anyway. She’s completely useless.
Useless is right!
Wait a second. Illinois is a sanctuary State; the Governor, duly elected by the people, proclaimed it as so. Therefore the suburbs that are within the State boundary lines are sanctuary areas. Buckle up folks…you got what you and your neighbors wanted .
Folks you can have a welfare state or unrestricted illegal immigration but not both without incurring hyperinflation.
I disagree. Hyperinflation is the collapse of a currency due to a loss of confidence in a currency. The dollar is still strong and isn’t going anywhere. What will happen is that welfare resources will become more scarce, and the government will take control of the distribution of benefits to politically connected and favored groups. We’ve seen this in the communist bloc where party members got the biggest and best apartments, the best jobs and access to the best consumer goods. Or in India, where the ‘free’ rice and water distribution flows to the politically connected, as does the ‘reservation’… Read more »
Here are some articles on the potential of a dollar collapse. Will or is this happening already only time will tell?
https://www.naturalnews.com/Search.asp?query=collapse+of+the+dollar
These articles are missing the forest for the trees. What currency will replace the US dollar? Just today, the BRICS Indian Rupee just hit an all time low vs. the dollar, the Yuan just hit a 16 year low vs. the dollar. The dollar is not collapsing. Yes there will be inflation, inflation is everywhere because every country on earth printed ungodly amounts of money during coronavirus. The end game of illegal immigration is amnesty and more Democrat votes, coupled with redistribution of scare resources to favored groups (immigrants, minorities). They hate you, deplorable, and they are doing everything they… Read more »
Possibly backed by hard assets such as a commodity (gold or now Lithium) or on the other end digital currency like a new type of Bitcoin.
https://www.investopedia.com/us-cbdc-6740586
Our state needs to make an Illi-Coin.
Dollar Set for Longest Rally in Years With US Defying Global Gloom
https://finance.yahoo.com/news/dollar-set-longest-rally-years-142338083.html
Illinois Democrats Want To Dump Illegals In Suburbs, Make Biden Pay For It
Unlike Adams in NYC DEMANDING municipalities outside NYC take their fair share of migrants in sanctuary state. Waterboy CTU/Brandon doesn’t have an ounce of independent courage to rock jb & machine.
I’m thinking, Illinois dems political problems going to be if come convention time, the Chicago migrant situation declines into what NYC’s dealing with and there are ZERO dem municipalities outside Chicago willing to take migrants then this will play right into reps hands…
JB better think fast
Some of our suburbs don’t hold the stupid policy of sanctuary for
those who have entered our nation illegally. And those of you
who think you’re representing the citizen stop shoving your
stupid ideas on us.
Deal with it Chicago. You own this.