-- 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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If a tenant can’t even exhibit any common decency or respect for his neighbors by letting unattended children run wild, throw garbage into the halls and courtyard and having people break the security doors about every other week to come and go in the wee hours ( all of which I experienced with Section Eight neighbors ) then they should be bounced. It’s not enough that they are getting housing for next to nothing, they have to push the issue and inflict their “ essence “ upon people just trying to live and work nearby also.
Ever tried to evict someone in Illinois? It is a formidable long expensive task and count on zero help from law enforcement. If the Government wants someone evicted how about they pitch in to help instead of once again expecting others to do their work for them?
A relative of mine paid $7000 in legal fees to evict a tenant for nonpayment of rent. The tenant is gone now but left behind $45,000 in damages.
Beware of the liars, losers, and leeches. Tenant fraud is at an all-time high and Cook County courts are corrupt.
“City police departments have ordered landlords to evict people over commonplace charges including shoplifting and driving while intoxicated…” So does that mean shoplifting and driving while intoxicated is OK? Could suggest a pattern of irresponsible behavior and worse things going on. At least give a warning to tenant that another such incident won’t be tolerated. Do not remember any crime-free housing laws when I lived next door to a drug dealer in Chicago. Clues–Late-night pounding on our door and an occasional high person urinating on my lawn. Drug dealing did not stop until I came home from work one day… Read more »
Wanted to add that I wrote Illinois State Rep La Shawn Ford regarding the anti-squatter bill. Sure hope it becomes law as it would address the suffering of homeowners who have been victimized by thieves and con artists.