-- 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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Eventually we will reach a point (if we’re not already there) where everything is paid for in favor of certain groups. The payors will be the hardworking groups who sacrifice the quality of those very things for themselves, because they have to pay for better things for others.
What would it be like to have someone else pay for my phone, computer, internet, cell service, housing, food, transportation, schooling, healthcare, and school meals?
My complaint about the Covid response has always been that it’s not surgical it blankets everyone with the same rules. Even if your community is clean. But I guess it’s ok to have a surgical approach if it’s on some racial lines. Of course public transport is a sacrament to the left, packing people into trains during a pandemic must happen. But small business gets screwed, while we watch big box stores remain unscathed as though nothing happened. Home Depot is open with thousands of customers breathing in it, yet the small shop with only a few customers a day… Read more »
The actual focus of the COVID-19 recovery plan for Cook County, however, will be corruption as usual.
Take a look at the link below. It will answer all your questions.
No surprise here. Take a look at this little item from the Hyde Park Herald by the Democratic Socialists of America (click on ad at the bottom right-hand of page):
http://nl.newsbank.com/nl-search/we/Archives/?p_product=HA-ILHPH&p_theme=histpaper&p_nbid=&p_action=doc&p_docid=1401507E16484CB4&s_lastnonissuequeryname=5&d_viewref=search&p_queryname=5&p_docnum=27&toc=true&p_docref=v2:13EDAA8FD407386D@HA-ILHPH-1401507DF0D62083@2450135-1401507DFB0A003C@26
This whole Coronavirus thing is just another scam by the Democratic Socialists to ram their commie programs through.
P.S. Notice who else besides Preckwinkle is addressing this august body that day…
Wow, that’s a heck of a find. Toni Preckwinkle and Barack Obama speaking at the U of C Democrat Socialists of America.
It’s a find, but it’s not a surprise
All those speakers are still going strong. Joseph Schwartz is now vice-chair of DSA, which makes sense as old-white-men-lurking-in-academia is there brand. Wilson has been at Harvard for over 20 years now.
What’s funny about that listing is that the University of Chicago DSA distinguishes itself from Chicago DSA. Which goes to show you even socialism is a class system.
Chicago has 6 DSA Alderpeople:
Daniel La Spata (1),
Jeanette Taylor (20),
Bryan Sigcho-Lopez (25),
Roseanna Rodriguez-Sanchez (33),
Carlos Ramirez-Rosa (35) &
Andre Vasquez (40).
Also, current or former DSA members include:
Danny Davis,
Anthony Clark (Davis foe),
Jan Schakowsky,
Jesus Garcia
“In her speech, Preckwinkle also jabbed the Trump administration’s response to the pandemic while highlighting the county’s mobilization.
“Despite federal inaction, we began preparation in earnest,” Preckwinkle said.
She is the worst, just the worst. just pathetic.
Everybody hates Trump but they are going to hit him up for a few trillion dollars.
https://calmatters.org/economy/2020/05/newsom-budget-deficit-coronavirus-trigger-cuts-federal-aid/