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.
I feel bad that the pay these administrators are not getting a 7 figure salary’s. I’m sure the donors can give more to make this happen. The donors never will never run out of money to give to this wonderful project. Oh and the tax payer too.
$740,000.00, and she’s looking for unpaid volunteers to be ambassadors.
UNPAID AMBASSADORS. 🤣🤣
Earned? Just what did Valerie Jarrett do? Does the public know her job description?
Does Valerie Jarrett know her job description?
No mention of the required endowment, which is somewhere over $500 million, compared to the current $1 million in supposedly has.
The Presidential Library, er, “Center” Industrial Complex in action. Demand 19 acres of public land for free. Ok, not free, just $10 per year. Build a raised bunker eyesore $500 million over budget and staff the mother with high paying “jobs”. Yeah, that’s the ticket!
Clearly the majority of the voting people in Illinois are morons. To have this level of hypocrisy staring them in the face, the absurdity of democrats statements about focus on “working families”, free healthcare and all the other give-a-way prOgrams that are their mantra. Clearly, these people are fleecing this project and getting rich doing it. The people of the state of Illinois were taxed to pay for the infrastructure of this project, some $350M if memory serves. How many bad, corrupt deals have to take place, stealing tax payer funds, before the voting public finally say enough. Pathetic. If… Read more »
There’s nobody to vote for and Republicans consistently sell out the public. Don Tracy pissed away funds for the Republican party. Dan Profit built the Bailey Frankenstein brand. Bad actor commenters here make sure to demoralize and convince people the situation is hopeless. If we could get rid of Proft and Tracy, the situation would improve substantially.
There are plenty of people that hate Illinois politicians and they consistently get booed at public appearances:
https://www.instagram.com/reel/C7wPybNgA9f/?hl=en
Two sentences later….
Thanks for the laugh Dave Hardy.
Publius, I know hard core conservatives aren’t fond of Tracy, but I think he will have a real shot at the Senate seat in the general election. BTW, you are in no position to be complaining about bad actors.
That’s rich! Are you going to roll out your cloud of despair image this time like you do before every big election? Proft was wearing a “Lost” hat right before Trump won.
Dream on. Wishing on a falling star.
Ripped off by democrats how is this even newsworthy anymore…
More disturbing is that next to nothing is in the promised +$200M operating endowment. It appears the museum is to be operated like IL public pensions are.
They are laughing all the way to the bank .
Corruption involving obammy and democrats? Unheard of!
In case anyone wondered why the Barry Soetero Temple of Fielty and Adulation (that looks like the late Soviet architects Alexey Shchusev, and Ivan Zholtovsky designed the slab) was so far over budget, the upper-six-figure payday for TDS sufferer and Barry Soetero devotee Valerie Jarrett should answer that.
How much money was confiscated from taxpayers to build this hideous monstrosity? More than $200 million.
Illinois political animals have no shame.