-- 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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What’s wrong with me? I actually pay for the food I consume.
Sorry Mayor J, You need to think again on WHO is feeding the Migrants. The Tax payers of the State of Illinois and the City of Chicago are paying to feed these people and pay for their housing and healthcare and all the rest. Regardless of how you want to race-bait this issue, take personal credit for it, or claim that one race over another is “stepping up”…the Tax payers are paying for this fiasco. We all bleed green in this program!
ALL THESE PUCKS DO IS COMPLAIN ABOUT FREEBIES AND ROB PEOPLE…..NICE
So Mayor Johnson is claiming only POC folks are feeding the migrants? Ahem. Most, if not all, big “migrant service” contracts are awarded to white-people firms. Go look at corporate leadership teams of those firms identified as biggest “migrant” contractors. Lotsa white-privileged folks in photographs, lotsa out-of-state contractors. There’s some major graft going on here, and FBI Chicago Office and Chicago Inspector General Office are nowhere to be seen. Perhaps both government enforcement agencies are still embroiled in PPP loan fraud investigations of City of Chicago and Cook County employees. Lots of big shot government employees took PPP loans for… Read more »
Mayor Raggedy can blow hot and cold all he wants, but whenever I see a food handout going on, it is a majority of white folks handing food to a majority crowd of black folks, with a Chicago Bear or Bull sprinkled in for a feel good photo op.
Well if Mayor Idiot Von Raggedy says it’s wonderful, it must be so. This blowhard keeps telling people how smart and different he is from past mayors. He looks pretty much the same as the last one to me. Tremendously unpopular, angry and arrogant with absolutely zero solutions to offer. Way to go Brando.