-- 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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Tax the new immigrants that have no money and see how that works out.
The rich are fleeing in record numbers, and this is only going to continue to increase.
Crime is so bad in the Chitty, everyone who can afford to leave does.
Here’s an article from the Tribune on proposed new taxes. Check out the comments about the article. Many are has anyone thought about making any cuts?
https://www.yahoo.com/news/few-answers-potential-chicago-taxes-220600047.html
Don’t these morons realize there is no more money and people can’t stand them!!!!! They need to start looking in their own pockets for a change!!
When the last taxpayer leaves Chicago, please turn off the lights.
Chicago = Detroit 2.0
Who’da thunk, WTTW Cherone seems to be writing as a big fan of CTU/Brandon when she writes: Unlike his predecessors, Mayor Brandon Johnson was elected on a campaign platform that vowed to levy $800 million in new taxes on the wealthiest Chicagoans to fund new investments designed to boost working class Chicagoans, particularly on the West and South sides. What in the list of all the CRAZY additional tax ideas in article are taxes on “the wealthiest Chicagoans” and not simply evermore tax shakedown on the chumbalone class (me). Who is the “working class” CTU/Brandon & leftie press continually refers… Read more »
“working class” is union workers. Sounds better when you say working class than when you say union workers because most Chicago voters don’t realize what “working class” really means. And of course that also to a big extent benefits the “working class” grifters like Stacy Gates, etc.
That’s a good catch to decipher Chicago pol pro-union doublespeak. The private-sector working class is not on their radar screen.
Let Chicago file for bankruptcy like Detroit did some money paid out to pensions is better than no money
HERES A THOUGHT NOW PAYIN OUT MONEY TO POOR PEOPLE EVERY MONTH END THAT
What about taxing the politicians $100 per word that comes out of their mouths? Billions upon billions could be collected. Maybe even Trillions?
So they’re discussing new ways to drive more businesses and people out of Chicago? Sounds about right for the crew in charge. Dear Leader Brando is an idiot, bless his pointed little head.
Poor Zippy the Pinhead needs money. When
He was elected remember what he said,” first we get the money”! He and his minions
Are working on it.
Hmm, how bout a Cook County exit tax?
Sell naming rights to the city and state:
Works for sports arenas.
Visit Chicago, on its last train to Palookaville.
Oak Lawn has one…