-- Connecting the dots between our economy, government and business --
It's an agreement noticeably missing a key partner — the city of Chicago. According to a source briefed on the discussions, Johnson initially agreed to ask the City Council for more funds but backed off.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Quite a photo of the King and Queen of Illinois. You might not think of them as the King and Queen but the voters sure do.
And now we see who actually runs Cook County/ Chicago. Not the moron on the fifth floor of city hall, but a anti- white kingmaker that loves to give money to her type of “ folks “ in their underserved “communities “ and a bumbling slob trust fund baby that has his gaze firmly set on 1600 Pennsylvania Avenue, Washington DC.
They are here for 2 reasons. First is for the state to provide services to them at highly inflated prices and later to get reimbursed from the Feds for doing so. Second is increase census numbers to get more representation and more money from the feds. Everyone will get counted regardless of legal status.
SEND THESE PEOPLE HOME AND TAKE CARE OF OUR HOMELESS …….SENIORS AND VETS. QUIT TAKING RESOURCES AMERICANS WORK FOR AND GIVING THEM TO PEOPLE THAT DON’T DESERVE THEM JUST FOR VOTES!!
I can feel all the hot air coming from their mouths just from the photo here in Belvidere.