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Charles Lipson: "Johnson represents a clear victory for the Alexandria Ocasio-Cortez wing of the Democratic Party and for the role of public-sector unions within it. The national implications are clear. And the implications for those who live in Chicago are huge."
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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BJ elected da Mayor of Sheeetcago.
Next higher and higher taxes on everything.
Then more and more Illinoisans voting with their feet and leaving Taxistan.
Remember da 1 finger salute when you leave behind the once great state of Illinois.
Da Judge
Crime a Factor in Citadel’s Move Out of ChicagoCitadel officials cited crime as one critical reason for the move. According to a report, over the last few years, there have been multiple incidents involving Citadel employees. Ken Griffin himself experienced an attempted carjacking, a Citadel employee was stabbed while walking to work, and there have been numerous reports of shootings, riots, and looting near some employees’ homes. Ken Griffin has been outspoken about how crime has affected his employees. In a recent interview, he said, “if people aren’t safe here, they’re not going to live here. I’ve had multiple colleagues mugged at… Read more »
Chicago’s Richest Man Moving His $22 Billion Company to Florida, Citing Crime As Main Reason (msn.com)
He will give away the farm to the lazy worthless government lackies. He will give the hardworking family’s higher tax bills and much lower services.
Florida Real Estate will be going higher the next few years.
Als, UHaul rates for leaving Sheeetcago will be increasing!!