-- 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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ALL THESE PEOPLE DO IS L………………………………………………….!!!!!!!
Well where is the money going to come from to pay for all the illegals future democrat voters then?
So many stories on BCH transfer tax. But this ABC News article (https://abc7chicago.com/real-estate-transfer-tax-chicago-2024-election-primary/14515272/) should be front page news, in which CTU/Brandon is quoted as stating there will be a follow-up ordinance assuming BCH passes to determine on what and how BCH revenue would be spent:
who would be so naive not to think the CTU/Brandon administration, behind the scenes, hasn’t already crafted the follow-up ordinance divvying up the BCH tax revenue $pie$?
Better start looking into mayor brainless BJ’s financials because he is probably getting a kickback on all this money he’s scamming off the taxpayers, but don’t worry he be black since he’s black that automatically makes him look out for the best interests of black people in Chicago derrrderrrderrrr lol
It’s “first we get the money ” equity hustle CTU style.