-- Connecting the dots between our economy, government and business --
A housing organizer faces a Walgreens executive in the 46th Ward. In the 48th, a housing developer backed by the outgoing alderperson is running against a small business owner who would be the first Filipina on the City Council.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Clay is a defund commie like Johnson
https://www.uptownupdate.com/2023/03/not-even-trying-to-hide-it.html
and a tax cheat too like Pritzker
https://www.uptownupdate.com/2023/03/crains-angela-clay-has-outstanding.html
and a COVID loan fraudster
https://www.uptownupdate.com/2023/03/crains-candidate-angela-clay-faces.html
Why are “progressives” always regressive in the extreme?
It’s the first Filipina, but is she a left-handed bowler who raises chickens?
We must hand out all participation trophies for ALL categories.