-- 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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Out of control crime is like a cancer for cities — people with money leave and the cash strapped city rots to the core
There is only one way to keep companies from leaving. The CPD must aggressively and mercilessly arrest those who commit crimes. The legal system must tenaciously prosecute those who commit crimes. The court system must convict those who are found guilty of committing crimes, and the penal system must jail the convicted criminals. It’s so simple, even a simple cavemen could figure it out. So why can’t Brownie and Lori, Kimmie, Timmy and Tommy figure it out? Until those five criminal enablers are run out of town on a rail, the job of keeping businesses from leaving can only continue… Read more »
Don’t forget Toni on your list – she manages to stay under the radar, but she’s responsible as well.
Connect the dots.
They are all doing this on purpose.
This is what they want and they have been successful.
There is no one who will run them out of town. They are Chicago’s future.
Plan accordingly
The Contrarian hits one out of the park again. Folks, the rich really are different. No doubt leftist Demorcatic Party pols were glad to see Griffen take his ball and go. But those who can’t easily leave will pay the price when there are no more Ken Griffins around. If you want to see the future just look at Detroit we’re they’ve driven out everyone in Griffins league down to regular worker bees. “Sweet Home West Detroit” is a more aptly named tune but doesn’t sound right. Those of you who will have to live it when the affluent are… Read more »