-- 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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Andre, here’s a question for you: Why doesn’t climate cause these illegal aliens to head due south towards the south pole where it’s much cooler than Chicago?
Answer: Because there’s no Democratic Party government in Antartica to dispense free everything, obtain votes and population and naive white women to rape and murder.
This is truly comedy hour. Chicago will do better in the future despite all the climate risks because we have a nice lake. And all those illiterate illegals are coming here because they read the UN reports and Al Gore’s “Inconvenient Truth” so they know they are victims of capitalist driven weather changes. And we have wonderful beaches, too, so everyone can take advantage in person of the climate haven Chicago has become. Minnesota, the Upper Peninsula of Michigan, and northern Wisconsin should all be at the top of the list for those poor folks looking for fresh water to… Read more »
Minus 1 high-income earner taxpayer, plus 1 poor uneducated immigrant low-income taxpayer.
With the high-income earner goes lots of business and jobs. With the new poor immigrant comes lots of welfare and other expenses.
Only a democrat could think of this kind of stuff.
This will not end well for the remaining Chicago taxpayers.
Vote for Democrats, they will make the weather better!
Climate change has been great for Chicago. I planted my tomatoes three weeks early this year, in late April, because they started faltering indoors, they really needed some sun. My dozen or so plants are enormous. I planted lettuce and kale seeds in March and they grew amazing too. I wish every Chicago spring was as nice as this spring. I’ve driving extra miles in my old emissions busting jalopy just to do my part to make Chicago weather nicer! Ironically, one thing that few ever talk about, is that our founding fathers actively engaged in what they believed was… Read more »
Climate Change is a myth.
I hope by myth, you mean fallacy.
What isn’t caused by climate change anymore?
Plymouth rock isn’t under water and the status of liberty’s feet isn’t getting wet.
If the weather isn’t getting warmer what happen the the glacier we all should be under?
I haven’t seen a single immigrant mention climate change as a reason for being in the US. Very few have legitimate asylum claims. They are overwhelmingly here for economic opportunity.
Chicagoans, especially minority Chicagoans, better pray Trump is elected as his past performance indicates he will severely curtail the flow of illegal aliens into the US regardless of the weather. I am surprised they have not blamed Biden’s poor debate performance on climate change…yet!
Yes, the illegal immigrants are clearly choosing Chicago because of the wonderful climate! I remember basking in to 20 below temps this past January. What fun we had. I’m sure the fact that Chicago stupidly maintains sanctuary status, with freebies provided at the taxpayers expense and zero accountability for one’s actions had nothing to do with all these people showing up.