-- 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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Watch out these bastards in Springfield are talking about raising taxes to aide the illegals and pay for the 150 million already spent, beware.
Yeah, let’s be sure our priorities are in order – funding for migrants (illegal immigrants) first.
Hmm, pray tell the pols name who brings a bill to the floor to tax Illinois citizens to fund illegals. Say his name…..
nothing on Springfield passing TIER II pension fix (HB 4099)???….Watch for some tricky s, machine passing some deal at last minute when no dullard voter/taxpayer notices
Astounding you have Harmon/ house dems publicly stating they have to more-or-less ‘OK’ CPS new elected school board rules with CTU!!!! “House Democrats, acknowledging the Chicago Teachers Union’s opposition to Harmon’s bill, did not act on the Senate-passed measure. Publicly, they said there wasn’t enough time to digest the new proposal before the legislature was scheduled to adjourn.Heading into this year’s session, the issue remains under negotiation, Harmon said.“We’re still wrestling with the best way to implement this to ensure maximum representation from all voters in the city,” Harmon said. “We’re waiting for clear direction from the city of… Read more »
The CTU approved and perverted CPS School Board District maps violate the Voting Rights Act and will be ultimately struck down by the Supreme Court at great cost to the IL taxpayers. It has taken this long to bring the proposed map to IL legislators because CTU and minority groups were fighting about how to pack the districts with illegal aliens and other minorities based on student ethnicity (another reason BJ loves the illegal aliens) versus the legal requirement of voter’s ethnicity. The city is 1/3 White, 1/3 Hispanic and 1/3 Black but the proposed districts are 1 white and… Read more »
Of course they’re not going to give white people any votes. Chicago is not a white city. It’s a black city now and they own it. They reminded you of that when they took away the white people’s most famous street name by changing the name of Lake Shore Drive. Your statutes will be torn down, your parks and streets renamed, and your peoples spread far into the suburbs or other states. They don’t like you one bit and they want you gone.