-- 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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Hmmm…Lori won’t comment until she’s instructed the little darlings of Department of Aviation to make United miserable. That’s if they’re not off airport robbing people. Driving around in DOA vehicles with all their lights flashing like 4 yo at Kiddieland. The again maybe she’s out looking for a new dress!
Next up The BEARS
Ya! Go Bears!
The only reason United moved to Sears Tower was Glenn Tilton living at 505 North LSD didn’t like the chauffeured commute to the suburbs, life was tough back in those days. They moved to 777 W. Wacker, that wasn’t viable so let’s go to the Tower in a dumpy area of the city. United gladly and enthusiastically embraced social programs in 2006. Ya know twisting employee arms to go paint classrooms CPS had neglected.
Who the hell would want to work in Chicago Fix your crime problem Lori!!!!!!
Death by a thousand cuts, the bleed out is getting worse.
It simply makes sense…. A mayor who has no idea what she is doing and is incapable of protecting the city and its’ residents – at least they won’t be subject to her lockdowns, should she decide to issue some…
That Sears tower hub had people coming and going all hours of the day and night. I’m sure the brutal, random murder of the that young, naive social justice major probably scared the bejeebus out of suburbanites who parked and traveled down there.
https://cwbchicago.com/2021/06/woman-stabbed-to-death-on-loop-street-corner-saturday-afternoon-police-say.html
Ironically, right before she was brutally murdered, she co-authored an unpublished paper that tried to show racial disparities in federal life sentences. Because social justice.
United sunk millions into Willis and they were just the darlings of the new and bold Chicago hub. Unfortunately it’s hard to be a powerhouse without employees. Nobody wants anything to do with Chicago. Streets teeming with vagrants. Urine and feces littered sidewalks.