-- 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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Chicago mag used to be a great mag- That being said it is now a liberal mouth piece canceled my a few years back. Shocked they are still in buisness!
Millions of abortions, combined with an exedus to the suburbs, and noncompetitive black congressional seats with incumbents receiving 95%+ of the vote, has left Chicago’s black community crumbling, and latinos saw an opportunity and filled the void. Unfortunately, Chicago seems to attract the angry socialist leaning latino instead of the hard working right leaning, trump loving latino that texas and florida and the rest of the south attracts.
* credit to the author for not using the Latinks name for the latino group.
Is the Chicago Magazine article intended to be ironic? We’ve a black Lt Governor, black state majority leader, black state Attorney General, black Cook County President, black Democratic Party Chairman, black chief justice of Cook County court system, black Mayor of Chicago, black State’s Cook County District Attorney, black CTA commissioner, black Chicago Planning Dept commissioner, numerous black alderpersons, department heads, yada yada yada.
You’re right! Chicago’s problems result from it’s lack of diversity because everyone in charge has the same skin color.
The black population doesn’t have the numbers to counteract their abysmal record of leadership. They are going to lose power big time! They’ve proven that tribalism is their way. People are tired of it.