-- 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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Really is a shame how these cities are just GONE (to he,,l) …..and all because democrats are GREEDY and don’t care about the people they lied to in order to get into office so they can fill their pockets!!
I haven’t used my ventra card in over four years
Same here, at two years. I recently cleaned out my wallet and gave it to a co – worker who commutes up here to work in Evanston on the Purple Line from Wilson. She and my other co – worker (he takes the Red Line, then Purple up) have ***daily*** horror stories about their rides… aggressive crazies, constant pot/cig smoking, filth… Additionally, they are often late/delayed between work/home because of random unannounced delays, total stoppages for hours, “body on track”, etc… We don’t need to visit Haiti to see dysfunction, riding the CTA will do quite nicely, lol… For Christmas… Read more »
Haitago will surpass the carnage of its
Sister country Haiti in the months to come, the warm weather is coming
Time to Kevlar vest up.
Debtor and others here have mentioned that the US will soon resemble less a First World place and be more like Brazil (a huge dysfunctional underclass, rampamt crime, favelas, “gated” upper – middle class and wealthy areas with their own secure infrastructure, poor public services, vast purblic corruption, etc….). We see this every day; this CTA article is just the latest reminder that Chicago is going the way of Johannesburg or Port – au – Prince. I see this even – or especially! – in “affluent’ Evanston. .Last Friday I went to the Trader Joe’s here (Chicago Ave.), outside were… Read more »
Last month, I was in downtown Evanston for the first time in several years, and it is very surreal. It’s like living in some alternate universe. The churches on the way downtown had large “Hate has no home here signs” unfurled, there were bums and closed stores everywhere, it was dirty. Part of the attraction of living in Evanston is the downtown (which is also an attraction of living in my town too, but smaller). They totally destroyed that place.
Yup, downtown Evanston is compact/accessible, and should be a thriving gem of a place; businesses should be lining up to operate downtown. But for “equity” reasons, the libtards have instituted anti – business practices, which have now ruined downtown.
Not going to change anytime soon.
Dirty and dangerous. I think the democratic party convention attendees should ride it and see how their policies are working so well.
The old term for these leftist pukes is “limousine liberals”… besides which, the convention areas will no doubt be cleaned up in a ” Potemkin Village ” manner – like Frisco did for the visit of the chi – com dictator last year…
100% – Actually the safest time to be in the City will be during the Democrat Convention.