-- 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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More to come of the Pritzker Johnson donkey show ahead.
If they ever write a book entitled “Profiles in Cowardice”, JB will have a chapter devoted to him. The pension sweetener was a fiscal calamity, and he excuses his signing it because the Chicago mayor didn’t ask him to veto it?! When you subordinate your good judgment to that lame brain, you have forfeited your right to ask for another 4 years.
Big picture, Fat Boy signing HB 3567 is a nod to the public sector union vote nationally in his presidential ambitions…Chicago, Illinois taxpayer/homeowners are just cheap cannon fodder as you’ve been sold down the river long ago. JB blaming far left, inept Brando and because HB 3567 is for traditionally rep leaning cop & fire and not teachers unions helps him paint himself more as a centrist moderate dem than the machine hack he is.
Ruh roh. This must be polling pretty badly if JB the Hutt has to resort to passing the buck to Mayor Cliff Notes. The Hutt is such a coward.
One pro public pension guy blaming another pro public pension guy for not resisting an unaffordable pension increase is peak Pritzker BS. He had the chance to be the adult in the room.
What’s more obscene: Pritzker’s endless lying and virtue signaling about unearned and unneeded budget busting pension sweetners that will cause BK, or Mr Gerry Mander Pritzker disenfranchising the vote of hundreds of thousands of Illinoisians and then making a joke of it all on a failing late night comedy show? Pritzker is a real loser.
Pretending to be ignorant is no excuse. A governor that doesn’t know the financial ramifications of his approval on a piece of legislation needs to step down.
He doesn’t have to pretend to be ignorant; it comes naturally.
Another blatant lie such a jackass, Pritzker
Thanks Mayor Pinhead. You’ve now deflected blame – wimp. Who give a crap. None of you have the friggin brains or balls to do the right thing anyway. Screw the tax payer.
maybe he can wow us with more of his profound scripture quotes/c&j-equity hustle shtick and make the all the pernicious incompetence go down like a spoon-full-of-sugar…..over at lib-tard st/wbez they’re still gobbling it up.
But who else is still sippen the CTU kool-aid is a big question.
Un-freaken believable!!! YES, every one these ghouls from city hall to Springfield have ZERO respect for you, your home or your assets.