-- 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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Everyone should know that RINO Sheriff Mike Downey and the Kankakee County RINO Party paid for radio ads with Mike Downey telling voters to vote for Democrat State Senator Patrick Joyce instead of Conservative Republican candidate Phil Nagel. Joyce won reelection even though. Joyce and the Kankakee County RINO Party supports the Chinese Communist Party owned Gotion plant in Manteno, Illinois, Kankakee County. The RINO led Kankakee County Board gave Gotion a 100% vote for a 30 year property tax freeze and supported Pritzker giving Gotion a taxpayer check for $125,000,000 up front with the promise of $411,000,000 more, total… Read more »
Geez, why did Downey back a Democrat for senator? This is complicated and confusing.
The holdup is lefty judges and public defenders/ ambulance chasing lawyers working feverishly to find loopholes and delay the legal process for as long as possible and then sneak our new arrivals out the side door while claiming their “ due process “ was violated or some other such lib mumbo jumbo. We’ve just been informed how much the sluggish, multi- layered IL legal system is costing everyone in this state.
It’s time for sheriff’s to tell JB to blow it. And help federal authorities. What’s he going to do, spank you? State police won’t arrest him either.
Thank you to Sheriff Mike Downey for speaking the truth.
Pritzker and Johnson want lawlessness and chaos. Pritzker and Johnson speak nonsense.