-- 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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“Underwood described her participation in a yearlong internship that Naperville’s mayor had created to give teenagers experience in local government. During her junior year at Neuqua Valley High School, she won an appointment on the town’s fair housing commission, which, at the time, was facing legal challenges over a local law that allowed renters to present Section 8 vouchers to landlords as a source of legal income. There weren’t a lot of rental properties in Naperville, and many landlords were refusing prospective tenants who were on public assistance. Underwood remembers her surprise at learning how hard it was for low-income… Read more »
And section 8 caps the amount it will pay at ‘market rate’ and there aren’t a lot of market rate or below market rate properties in these areas.
It amazes me how they refer to her as a former nurse, she never “worked” as a nurse. Her seeing patients was coursework to get a degree. She’s been questioned about it, avoided the answer, and got no pushback from our useless media. The author calls her a former nurse but later in the article states. “After graduation, Underwood and Irving both went on to careers in public health, Irving as an epidemiologist at the Centers for Disease Control and Prevention and Underwood as a senior adviser at the Department of Health and Human Services, where she worked with the… Read more »
Her former game was fraud. All those absentee ballots showing up two weeks after the election in deep blue suburbs like Aurora really pushed her over the edge, and when Oberweiss sued for fraud, it was kicked out of court because: “there’s no fraud, because: there’s no evidence of fraud, because: you’re not allowed to look for fraud, because: there’s no fraud, because there’s no evidence of fraud….etc”. “Illinois’ U.S. House race between incumbent Democratic Rep. Lauren Underwood and Republican Jim Oberweis was too early to call Thursday because the vote difference between the candidates was narrow and there were… Read more »
I really care about her and would like to see her have more free time to do other things. Same with Sean Casten. Hope they both lose in 2022.
If it wasn’t for straight party anti Trump voters neither of them would have won.