-- 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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The roll that Jesse Jackson has played in the current state that Chicago finds itself in, can’t be understated.
Biden’s Open Borders immigration policy is a disaster for US citizen and legal resident low-income and working class folks of all ethnic backgrounds. Anyone open-minded enough to consider the dynamics of federal-state programs which affect working-class people, existing social welfare programs directed towards low-income working class and welfare-recipients, would readily acknowledge this.
Not surprised Jackson is getting on the POC politico bandwagon regarding Biden policy of free-for-all inbound migration.
It’s been a rousing success for the Democrat who treat immigration as a self-licking ice cream cone. More immigrants bring more future Democrat voters, and more future Democrat dilute the ‘white’ Republican opposition party. And if low-income and working class POC don’t like it? LOL It’s not like they’re going to vote for Republicans… And the globalists love it too. They get to a watch an experiment in real time where they can swap fungible labor units out in an industrialized country. Instead of capital moving to labor, we have labor moving to capital! How amazing it will be for… Read more »
Did the grifter Jesse Jackson fall down and hit his head?
Look at history, it is simple. My grandfather came to USA at 19 years of age on a visa; to get that visa he had a sponsor ,who had a job and living quarters waiting for him. try that as a solution
EXACTLY!!
Jesse Jackson is still alive? wow I honestly didn’t know that.
Neither did he.
What about Rev Al. Sharpton. Not a peep from his lips on all the black on black murders/shootings in Chicago unless a white cop shoots a black kid.
There is no money in calling out your own.
That race hustler never ceases to amaze me.
For once I agree with him: the Democrat created crisis is out of control.
Employment levels of POC are adversely affected by illegal immigration. Took the Pocket Rocket this long to figure.
Tens of millions of illegal immigrants are never more than a neighborhood or two away from a Black neighborhood. They tend to spread into lower income neighborhoods first.
And I have heard that Blacks and Hispanics don’t like each other. It could be a problem.