-- 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 is straight out of Germany 1929. The Nationalist Socialist Party blamed the rich people for all their problems too. That’s the socialism part of the Nationalist Party they too wanted to spread around the wealth . Except all the rich people in German in the 1920’s happened to be of the same religion. Which given the Democrat party’s current antisemitism, it’s inevitable what comes next. They want to blame the right for authoritarianism but it’s always been the left and will always be the left. “What we need is a digital ad tax. We need to take the money… Read more »
to all the communist democrats in Springfield
“ screw you all”, idiots all!
No, you in Illinois needs to learn financial discipline. We did not agree to spend billions supporting illegals. Helping Mayor Johnson collect the $8 Billion in outstanding unpaid taxes could help!
“So we…need to be the adults in the room, right?…” Karina Villa (D(imwit) – (thanks for nothing) West Chicago) said (with a straight face). Adults don’t spend more than they take in. That’s what adolescents do. Trust fund baby JB the Hutt exists as a perpetual adolescent, since having to work to earn a living and paying your own bills tends to wake people from their youthful slumber. The Hutt just spends and spends, regardless of the available funds to pay for it. The Hutt’s modest local bank accounts simply fill up with cash, with his siblings possessing at least… Read more »
See the first article in this Wirepoints about how non-rich gamblers are going back to bookies because of taxes on wagering. I swear, any Democrat raises her hand and instinctively says “yes” every time they hear the word “tax.”
Do you morons in Illinois not see that these demfilth have the same criminal mindset as extortionists. They strong arm you for money for their own criminal use, and when they have spent that, they come back for more, knowing that they have a supine weakling that will pony it up without a peep. A state full of idiots and cowards for their personal crime wave. It reminds me of the old western movies where the outsider comes into a small mexican town and tries to get the peons to fight for themselves, except the peons are all ignorant and… Read more »
“The answer is how can we not. The economy, it’s not going to keep working if we give all of our money away to the rich. That’s not our labor force,” Ventura said. These are adults – right? Clearly they do not understand. The residents of this state are taxed into oblivion and opponents of this over taxing practice have NO voice and no representation. Ms. Ventura – before you push for more taxation, lets please first provide relief to the residents who are paying now. Reduce spending, eliminate fraud, eliminate the waste of our tax dollars in the budget… Read more »
“Reduce spending, eliminate fraud, eliminate the waste of our tax dollars…”
<singing> “Dream on…dream on…dream on”
<screaming> “Dream on…dream on..dream on…AAAAAIIIIIIIIIIGGGGGHHH”
Oh I know…but maybe she’ll read this and get some ideas! LOL. Her focus like so many is just on the “shiny thing” that gets them elected.
Well there’s the problem right there! “It’s not going to keep working if we give all of our money away to the rich.” It’s not your money that you earned by working, but their’s! And they think you keeping some of it is actually Illinois giving it to you.
State Sen. Rachel Ventura, D-Joliet, was asked how lawmakers could implement their tax measures without driving businesses out of Illinois. “The answer is how can we not. The economy, it’s not going to keep working if we give all of our money away to the rich. That’s not our labor force,” Ventura said. And there you have it. Could that answer be anymore idiotic, except that the low IQ morons in Illinois will eat it up. Tell me. Who is employing your labor force? And by labor force don’t you mean the perpetual leeches whose job it is to vote… Read more »
Nary a word from any of these progressives about cutting aid to illegals, rooting out the massive waste in the welfare system or losing some of the jobs in the bloated IL government. Nope. Tax the rich! The Marxists mantra sounds hunky dory until the rich leave and before you know it, you are one of the rich simply because you have a job. Bullshit from bullshit people.
Ken Griffin from Florida says hello. He says the state loves his charitable donations plus the jobs he brought along and the tax revenue they make from Citadel.
No. You need to quit overspending and lookout for your constituents
Same old dog and pony show never ends, really getting old Springfield, raise taxes on billionaires so people don’t have to go to the food pantry and keep hospital’s open stop the bullshit already Springfield Democrats your pleas and rhetoric are wearing thin on all in Illinois.