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Might they finally turn to a centrist Democrat to put an end to the crime and disorder that is ruining civic life? Over the years, blue cities like Seattle, Los Angeles and New York have episodically swung to the center. But only when things got so bad that progressivism’s bold promises and good intentions were no longer believable.
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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It wouldn’t matter to democrats if Hitler ran for the mayor, governor or president. As long as there was a “D” behind his name they would vote for him. That’s how F’ing stupid they are.
So, the “children” were left in control, and as was expected they trashed everything, creating havoc and chaos everywhere…
Now, the call is for an “adult” to come in & clean up the mess and fix it…
And once the adults fix it, the children will once again cry that they want another chance as they “learned from their mistakes”…
And the gullible electorate will once again vote them in…
This cycle has been repeating itself over & over both locally & nationally…
Will we ever learn…???
“If he doesn’t make it to the runoff, and Mr. Garcia does, count on the CTU support flowing Mr. Garcia’s way. The teachers’ contract is up for renegotiation in 2024, so this year’s campaign money is meant to ensure they will be negotiating with a friendly mayor. A new contract could set conditions for five years or even longer.” If the Chicago voters put Johnson or Garcia in office they clearly want the city to be favorable to teachers during the upcoming contract negotiations. The CTU members make up just a small fraction of the electorate. They won’t be able… Read more »
Brandon Johnson’s campaign for mayor, funded almost entirely by public unions, is not advocating for money to be put into the pension funds, which all agree are grossly underfunded. What does the public union candidate advocate? “These investments include not just needed infrastructure but also investments in housing, health, mental health and child care. We also need investment in education and training to ensure that we can attract better jobs in growing industries, and that Chicagoans can hold those jobs. I will ramp up investments in these areas over four years to $1 billion per year, and pay for them… Read more »
None of the candidates are talking about funding the pensions. They all know that it would mean sacrificing all the spending programs that they want. The problem is the voters. A candidate that stated, “we have spent too much money and have too much debt so we need to stop over spending, increase taxes and start to get control of our debt” won’t get the votes. The voters want to be lied to. Sure you can point out the teachers union candidate isn’t trying to pay down the debt but nobody else is either. If they were, maybe the teachers… Read more »
Maybe the teachers union would endorse that candidate? Pretty sure that they have put up 97% of the funding for Brandon Johnson because they want exactly what he is proposing. It’s not a matter of choosing the lesser of available evils. The teacher’s union put their own hand-picked candidate on the ballot.
CTU should endorse Vallas who used pension funding to pay for their raises, thereby inflating their current salary schedule. They’d be making a bit less now if it wasn’t for him.
Definitions: Progressive = Moron.
The Chitty of Chicago is DOA. It has no money, no workers and a huge pension obligation that they never will have the funds to support. Liberals and criminals run the Chitty now.