-- 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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Failed Former President Obama, Failed Mayor Lightfoot, Are Breaking Promises Not To Displace South Side Residents — For Obama’s Billion Dollar Boondoggle — On Stolen Public Land In Jackson Park
Set aside a portion of the Obama Center for affordable housing.
BD Lori doesn’t respond well to demands. All she’ll do is pound the podium and tell you about her BD.
Demand this demand that get off your asses and get a job
Here are some affordable homes perfect for the protestors.
https://tinyhouseblog.com/tiny-house-for-sale/affordable-tiny-houses-10-small-homes-for-15000-or-less/
Does the mayor have the means to do what they are demanding?