-- 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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Shocked? Really? How stupid do you have to be, this is exactly what they voted for. They should expect endless tax increases under the demoncrats while their children are groomed with porn in the grade schools. Then comes forced transitions against the parents will. Keep voting communists Latinos, you have no choice those Republicans must be racists.
Using Mr Diaz’s logic, he should get Black folks to move into these Latin neighborhoods.
“Folks that have come in and reached out to us directly are in shock, seeing property tax bills double. In one particular case we have, a longtime home homeowner got a bill of over $10,000,” said Moises Moreno, of the Pilsen Alliance. “This is not something that they could afford and folks are running around looking for help, and we’ve heard folks saying this is not fair.” Boo-Freaking-Hoo! In Will County I was paying $12,000/Yr (and trust me, I got the tax bill directly) before we moved out of Silly-nois. And that was nearly six years ago and the taxes… Read more »
The term Latino suggests Latin and that just stinks of Whiteness. Hispanic, on the other hand, suggests Spain but this also smells of Whiteness.
Sorry muchachos but being a “person of color” has only one legal definition and you guys just don’t quite make it.
Keep in mind that all this taxation is completely justified due to your slave owning ancestors… Unless of course you don’t have any slave owning ancestors, in which case, it is simply because of your Whiteness.
As one former Chicago journalist once put it; “I may be wrong, but I doubt it.”
Hey all you new residents to Illinois in the last twenty years– do you realize you put in office by your votes the folks who are sticking it to you on property taxes which pay for your–Wonderful public schools! Great crime protection! Clean neighborhoods! Urine smelling CTA! And wonderful dangerous public parks! Hopefully you will figure out sometime soon that you are doing this to yourselves and you do have the power to change it.
Hmm, established illegals don’t want to subsidize new illegals….