-- 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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At least he can express himself without clouded subtleties.
Imagine that! A racist Black man threatening a cop! How nice. But the cops are the problem?
Crimesha Foxx won’t bring the obvious hate crime charge.
TFW you guess the intersection where the crime happened by just hearing the name of the neighborhood.
Hmmm…another Gathering! What’s with these Gatherings? They always seem to evolve into a Situation! When will crime be addressed by Lori and Dave? Street parties! Yahoo and Giddy Up!
That neighborhood was turning around, attracting families and high income tax payers. Related Midwest bought the projects this party was outside of and renewed it’s low income contract with the CHA and HUD. The result is a Wall Street behemoth gets guaranteed tax payer income while destroying Old Town. Good job woke Chicagoans and Alderman Burnett, you could have helped the city but instead created Cabrini Greens 2, drove out the new families who refuse to live next to a zoo and all the profits flow to Wall Street. Im sure some investment prospectus touts Related’s commitment to DEI or… Read more »
Behold the consequences of teaching that racism is everywhere.