-- 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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Pritzker has a strong voting base in the “free stuff army” who he panders to with the non-eviction ruling. Until a majority of downstaters don’t get out and vote against the situation of the Chicago free stuffers nothing is going to change.
The SC decision does impact Illinois. Government seizure of property, and that is what they are effectively doing , without compensating the property owners, is still illegal. Will someone please just arrest Pritzker? He is not the lord or the king or even the tyrant, yet.
How about hearing from the Illinois General Assembly. They’re missing in action and don’t want to touch this radioactive Governor with a 10 ft pole.
JB has never denied himself anything. Every accomplishment was bought with family money. He knows how corrupt government has become, being a willful participant. It was rigged for Biden, why not JB? It’s simply knowing who to pay.
I’ve often wondered how this all actually works. Does someone actually have to prove that they’ve lost their job due to COVID in some credible way? How many of the non-paying tenants receive most, or all, of their income from public aid – Social Security or Social Security Disability; unemployment benefits that exceed their “pre-covid” income, etc? We know those income sources haven’t diminished because of COVID. Who receives the “assistance” money? The landlord who hasn’t been paid, or the tenant who hasn’t been paying? Just why is the disbursement procedure so inefficient? How many hands does the money have… Read more »
What is usually included in poverty or low income is the actual cash payments like a certain dollar amount depending on how many kids there are. What is not included and I think should be is the value of subsidized housing/child care value/medical care usually without having to pay for premiums/value of food stamps/free cell phones and on and on. If you add all these up it is a sizable amount. I read that in Hawaii all the benefits on public aid can be up the the equivalent of having a $60K income. If we go strictly by income Zuckerberg… Read more »
Illinois: the unconstitutional state
When will karma land on this guy?
2022
Hopefully soon!
It did,and he ate it.
In 2024 Prtizker is running for President. He saw Bloomberg do it an d Pritzker is richer than Bloomberg so in JB’s tiny mind that means that he can do better than Bloomberg. Pritzker will be Karma slapped. Even the moronic Democrats wont support him. He will make karmella look like an unbeatable comet.