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.
They are saying “HIGHER TAXES”
“We do not care about the Private Sector”.
Kass is correct, “taxpayers vote with their feet” who can take a loss whether its properties or businesses, but he needs to think deeper. Why another round of forced closings of businesses for a virus? How many businesses destroyed? How many homeowners in foreclosure? Think of Pritzker’s altruistic governorship as part of a long-term business strategy for the Pritzker generational Empire.
To quote George Bailey, “Can’t you understand what’s happening here? Don’t you see what’s happening? Potter isn’t selling. Potter’s buying! And why? Because we’re panicky and he’s not. That’s why. He’s picking up some bargains.”
Rise Up Chumbolones and Vote these Clowns Out!!!!