-- 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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Illegal immigrants selling candy downtown and illegal immigrants selling roses at intersections in the northwest suburbs. This is your new Chicago. It’s never going to end, and every time I see an illegal immigrant, it reminds me of how Joe Biden stole the election.
And yet Mayor BJ is on video hectoring his constituents TO WANT Sanctuary City policy to remain in effect, that only “amoral bad MAGA folks” are “against” illegal migration and its resulting financial and social burdens upon all Chicago residents.
Talk about ignoring your voter-base. Mayor BJ is now in real danger of losing confidence of his Black, brown, and white Wokester supporters who elected him. Just a few more car-jackings, knifing, murders and general street-crime mayhem episodes, and he’ll be Cooked Goose.