-- 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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The Skunk-Beard Socialist will declare all out war on business because that’s what communists do.
To say he should rethink his message implies he thought about it in the first place. This guy is an agitator activist devoid of thought.
Brandon’s master are the socialists that run the CTU!!
Good for Tubman for speaking out publicly. Where are all the other so-called “corporate leaders” in Chicago? And where are all the business and civic groups? Crickets. Their silence only confirms the fact that the business community has not stood up to the bad leadership in Chicago’s and the state’s political leadership for many years now and they are just as much to blame for the decline.
Too late and Brandon Johnson won’t do it. He hate’s capitalism and capitalists.
Pre-emptive strike. Johnson has a well-documented history of blaming corporate America for everything. Why stick around and be scolded into submission?
Terry Duffy should draw a line in the sand right now. Force the state to pass legislation barring financial transaction taxes or the exchanges will move out of state. Force the state to commit as businesses value stability and the threat of such a tax now creates too much uncertainty.