-- 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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The homeless issue will never end for two simple reasons:
Yes, Johnson is creating more city jobs, not causing any meaningful policy-change. Read independent leftist-leaning Michael Shellenberger’s excellent book on epic San Francisco homelessness problem: “San Fransicko”, released in 2021. This large money to be made by city vendors serving SF’s homeless population. Ditto for city vendors serving Chicago and NYC recently-arriving migrants. NYC reports it spends +$350/day/migrant. Chicago is likely incurring similar vendor-charges, if slightly less amount, per day/migrant. There are companies, and people, making a fortune here on “homeless” and “unhoused” and “sheltered recently-arriving migrants”. Many journalists report on very profitable business-model related to “homeless” services-industry. Private-sector social… Read more »
Was the new officer ever homeless? Unless you were in their shoes you do not have first hand knowledge of what it is like to be homeless. I am referring to the many who have been homeless for years now not the new jumpers which are much different than the long term homeless.
Entire new department to “manage migrants”. Gee, think of the payroll costs, the employee benefits and pension contribution costs, the office space costs, the cars, and gas, and car insurance, the credit cards for meals and travel… BJ has created more City of Chicago “make work” public-sector jobs. This guy has no sense of financial accountability, just more pandering to his social-justice warrior supporters, to his Marxist-banana republic CTU base and marching-orders from national Democratic Party. It’s telling when the only grown-up in Johnson’s office resigns – Guidice. And more telling when Johnson hires out-of-state PR guy from Pennsylvania Senator… Read more »
Keep sayin’ the guys gotta go………..RECALL……RECALL
A homeless officer another do nothing job just make a once a year T.V appearance and tell everybody what a great job your doing.
Return to Sende…..
Wow! This is what we need from this jerk