-- 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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She has a moral imperative to reduce the city payroll with layoffs. Every equation has two sides. Her precious “equity” can be obtained by addition or subtraction depending on what side of the equation you have the will to adjust. Her will is to only make government bigger, even if that means the whole city payroll is sitting at home for the next 12 months collecting a paycheck and getting a taste of semi retirement before they collect their platinum pensions.
How many rooms in how many mansions does Jabba have? How many rooms and mansions has Jabba opened up to the homeless victims of his deadly policies?
Lori has no moral authority and is no position to speak to me about morals.
Groot can take this and stick it up her ass.
I really don’t appreciate her using my personal checkbook to fund her socialist agenda.
If you want relief money like that, cut your own salary 50% as well as every city worker by 10%.
We can’t do that?
Because that would be YOUR money?
Yeah, that’s the point.
These pols who claim businesses have a “higher moral superiority” are ignorant. The invisible hand works.
The problem is their invisible hand comes in a smacks the sh** out of your invisible hand creating economic misery and destruction for all but the plugged in favored few.
Fine Just do not collect property taxes and i am sure landlords would help
Don’t worry property taxes will be collected. Late fees of 1.5% per month will also be assessed.
Are Jabba and Groot not part of the housing ecosystem with their highest in the nation property taxes? Don’t they have an obligation to tell the greed-crazed unions to accept cuts in pay and pensions to fulfill their moral duty to keep people in their homes?