-- Connecting the dots between our economy, government and business --
The newly chosen combatants in Round Two of the mayoral sweepstakes are off and running. And with 34.1% of the vote in Round One, Paul Vallas is clearly the front-runner. Experts say Brandon Johnson must reunite progressives and make better inroads with Black voters to beat him,
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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“Johnson punched his ticket to the runoff by winning nine progressive wards on the North and Northwest Sides and along the lakefront: the 1st, 26th, 33rd, 35th, 40th, 46th, 47th, 48th and 49th.”
This is the insanity that defines Chicago. Rich, white progressives voting for their own destruction.
surprise, surprise. Another article confirming Johnson/CTU got beat in the Black community. Or in other words, the Johnson/CTU campaigns primary base is in white hipster upper-income areas and not in black & brown communities…. did Brandon even win in west side precinct where he lives?