-- 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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This “professor” is delusional! The UN holds no sanction to help or force anything in the USA. As a matter of fact the UN should be forced to move to one of the communist countries is so openly admires .The USA should expell them and remove itself from membership.
Unless the UN has really big boats with gangplanks they are no help. (as usual)
Johnson’s open-armed seemingly-generous welcome to “recently arriving migrants” has served only to guarantee a new welfare class of uneducated and often illiterate folks destined to be cheap labor or gangbanger organized criminals. Chicago is not particularly welcoming to those who have no family connections here, who are not already well-trained and/or educated professionals, who are not English-speaking literate folks who can quickly assimilate. Too many of the newly arrived migrants have criminal backgrounds, or have little to no formal education, have little chance of successful assimilation, and will either become permanent social-welfare recipients, or resume their criminal enterprises. Chicago Trib… Read more »
La Vonne, Chicago’s Sanctuary City policy has caused BJ to stick his fingers into the citizen taxpayers wallets. There, I fixed it for you.
When it comes to addressing rampant crime, out of control taxation, the renegade CTU and the wholesale driving of businesses out of CHI, I think I know where Playa has his thumb.