-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
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.
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Audio and summary
Number is likely higher than stated (much higher).
Also, many of the poor cannot pay a cent, so someone else will have to pay.
The high-income earners are fleeing in large numbers. The college graduates are not coming back. This is not going to end well for anyone.
The public sector unions have destroyed the quality of life for most people living in Illinois.
Stay and pay or leave ASAP, the choice is being made every day by tens of thousands of people leaving.
Nothing to worry about. According to PPF taxes will be raised to offset any impairment.
Time to declare bankruptcy and zero out all pension liability
Consider da Dems pols in Illinois and Sheeetcago and their masters da public sector unions like a Black Hole.
How do you stop da Black Hole from sucking in more and more of your wealth via higher and higher taxes.
Get as far away as you can from it.
Illinoisans, vote with your feet and flee da Illinois Black Hole!!