-- 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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Gotta hand it to Madigan his gift to us all operating to design to keep on giving beyond his personal worldly time
It is disheartening that Illinois and the rest of the country would put killing unborn children over feeding born children.
The new US motto;
Abortion over Economy!
We don’t need Energy Independence!
We are living through the fall of Rome
Oh how far we will fall.
Right. “Kill babies, murder adults”! Vote Democrat.
They could have mixed up the algorithm a little better.
“We have put together I think the most extensive and inclusive voter fraud organization in the history of American politics.” – 2000 Mules
They want us dejected. We have not had honest elections for some time and they have managed to indoctrinate and dumb down an entire generation. I have been saying we are NOT VOTING our way out of this. It is time for us to ignore politicians. No one is going to save us, but ourselves. Surround yourself with like minded people. Live our life the best we can. Turn off the media. Stop funding movies and music. It is up to us as individuals to know our Constitutional rights and to NOT COMPLY with demands or mandates from a LAWLESS… Read more »
A 100% clean sweep for the machine…with only big question for machine and their shoe-shine press going forward, –who’s going to be their fall-guy/ trumpie/rauner boogeyman? Maybe jb will pay $23 mil to invent someone til 24? Especially when all the fed covid “free stuff” $ runs out and we’re in a recession? You own it!!
Well, so much for charting a different course in Illinois. And the country, frankly, as bright spots are very few, and a long way in between, with the Senate very likely to remain Democratic, and the House falling far, far short of the “Red Wave” that everyone was blathering about. As Pritzker, unsurprisingly, continued to thump Bailey with over 60% of that vote throughout the night, I knew that those voters weren’t likely to vote for JB, and against the Worker’s Rights Amendment. Trying to get my head around what our state and country have turned into, and finding that… Read more »
Im with you, especially your last comment. I really had no hope for Illinois, but the national trend last night was completely disheartening.
Seems the people of Illinois like high inflation, high violent crime, high taxes and now being donkeys for whatever the public unions want. No change here whatsoever. Not ever a flinch that JB runs the state as a king with his emergency orders. When the younger people cry about the rising taxes, being forcibly relieved of their car, or that their child is being taught how to transition in school, I will just ask “how did you vote?”
The 2020’s will be as awful as the 1970’s with the same stupid voters making the same stupid decisions. We’re only three year into this decade. We have a long way to go. Things are going to get much, much worse before they get any better. At least articles of impeachment might be filed against Biden. That would be great.
The difference between now and the 1970s is that back then as bad as inflation was you could still find a job that paid a living wage. You could walk into an unlimited amount of factories or warehouses in Illinois and start working and get enough wage to pay rent, groceries and gas. My mom worked at the Jewel back then and was able to buy a car with 2 months wages. My parents could start a family and buy a house with no education, one working at the Jewel and one a tradesman. You simply can’t do that today… Read more »
Well said! Are we surrounded by zombies? Is there shenanigans going on? Nah, this is Ill-inois. /sarc