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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 this point, the question is whether Illinois will survive that fat POS’ demise or vice versa. One will die of a heart attack and the other of just plain stupidity.
Please clean up your language and name calling.
I apologize for injuring anyone’s sensibilities. I forgot that calling out evil is OK as long as you don’t upset anyone. Then of course, nobody cares about the offense given when some “educated” person refers to baby murdering as healthcare. Nobody cares about the offense given when a senior citizen is taxed out of their home of 50 years. That’s OK. But by all means don’t call Pritsker and Johnson what they are, and don’t point out Illinoisans own complicity in the current state of affairs.
We deleted your recent ones saying “The only value that fat pig has is eating double cheeseburgers while stealing your money, giving it to illegals and telling you idiots that he is protecting you while he does it. And you scum buy it.” and another one saying “Did he spit and not swallow?” Readers like this comment section because most comments have some substance. They don’t like comments like that and neither do I.
Was I wrong?
Yep, these people are embarrassing. How can they be elected again with this sort of illogical behavior.
What in the H-E-double toothpicks is he talking about?
Isn’t Mayor Johnson, by the very nature of his election and primary goal – the CTU – one of the most corrupt leaders in US politics? He has only one mission for the residents of Chicago: overpay the CTU for terrible performance and limited to negative contribution to the children and families of Chicago? Not much introspection in the Mayors office.
Federal funding for IL schools and colleges now at risk due to Pritzker and Johnson
Revised quote should read – “As the city of Chicago, we will not bow down to the CTU. We will not bow down to a golden calf,” Johnson said, a reference to the Bible’s warning against false idols. “Even as the lawlessness gets painfully revealed to so many victims of rampant crime fueled by Preckwinkle, Foxx, Evans, Pritzker, and I, so does the character of so many of Chicago’s politicians”.
Somehow today Pritzker’s boasts seem so empty and hollow…
More gibberish from Brando and bravado from the Happy Warrior. Two idiots who can’t even get along. Tweedle Dumb and Tweedle Dumber.
Once again, as Chicago circles the drain towards insolvency to pay the likes of master machine carpetbagger equity grifter ($5.5 mil pension for being a CPS teacher for 4 yrs) CTU/Brandon, when he states: “As the city of Chicago, we will not bow down to the oligarchs. We will not bow down to a golden calf,” Johnson said, a reference to the Bible’s warning against false idols. “Even as the lawlessness gets revealed, so does the character of Chicago. And we are the greatest love story in America.” Who are the “WE” he is talking about? Who are the “FALSE… Read more »