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“It is not surprising to me one bit that socialists, pragmatic folks, FOP, CTU — or anyone else for that matter — is trying to make the most of a historic opportunity,” said incumbent Ald. Raymond Lopez, one of the council’s most conservative members who faces two challengers. “Anyone with an interest would be foolish not to engage and try to make a friend or two, or win a seat, or six, if they have the opportunity and means to do so.”
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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This is scary, communist ideologues looking to take over a major city to destroy it.
““We need the mayor’s seat, we need committee chairs, we need 26, we need all of it …because we’re trying to pass legislation and we’re trying to wield governing power,” Tai said, referring to the fact that the council’s committee chairmen are chosen by the mayor and control when legislation can come up for a vote.”
The candidates range from extreme left to far left. They’re a very diverse group!