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.
Pritzker is out hobnobbing with an assortment of “yes people” that will soon become endorsers of his Presidential run as he plays Santa Claus with assorted gifts of TIFs, Edge Credits and all sorts of Illinois taxpayer funded giveaways as he tries to attract businesses to Illinois. Now of course the Illinois taxpayers will be the big losers on the whole shebang but on election day one would be surprised just how many Illinoisans don’t pay taxes and if the citizens are like my neighbors they have no idea about any of this besides a headline that says “Pritzker attracting… Read more »
Climate Cleric JB the Hutt flies to Europe as a missionary of Climate. The gospel must be preached, even as the Climate Scam slowly falls apart. That the Climate cultists have become more militant and insane is an indication that their whole religion is little more than a scientific fraud and more people are figuring this out. The brownouts and blackouts will become common in JB the Hutt’s domain, and it will be too late to put the coal plants back on line. Is he even aware of the massive power shortages that are crippling the continent? Germany is so… Read more »
What in the hell is he doing in Europe? No one in the US will talk to him about doing business in Illinois?
Correct.
Pritzker flying around spouting hot air isn’t going to accomplish much. Illinois, if it survives, will spend decades undoing the disastrous progressive policies of the big buffoon.