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To: Steely Tom

Yeo I remember the parking meter deal. It’s hard to believe they spent an advance on 75 years of revenue in just a few months.

I think Chicago and other cities will eventually seek a federal bailout. This pension idea , if implemented, is only a stopgap, just as the parking meter this g was just a stopgap. They still.need to make fundamental financial decisions. And those decisions will be painful.

I’m.happy the good Democrats such as Emmanuel have this headache. They can’t blame Republicans or Trump for this one.


42 posted on 08/04/2018 11:38:45 AM PDT by Dilbert San Diego
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To: Dilbert San Diego
Well, the good news is that they only have 65 years to go.

I would imagine one fringe benefit of this deal for Chicago was that they could dump the city employees who maintained the meters, although one would have expected their union to make a fuss about it.

Then again, it's Chicago, so maybe a few union officials got nice Christmas presents, and the problem was made to go away.

44 posted on 08/04/2018 11:43:20 AM PDT by Steely Tom ([Seth Rich] == [the Democrat's John Dean])
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To: Dilbert San Diego
I think Chicago and other cities will eventually seek a federal bailout.

"Trump To Chicago: Drop Dead."

One sequel I'll enjoy.

46 posted on 08/04/2018 11:46:17 AM PDT by Steely Tom ([Seth Rich] == [the Democrat's John Dean])
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