Proud to be backing Brian and the entire @oatsovernight team!
One of the keys to @oatsovernight success has been their data-driven approach. The team has formed an incredible feedback loop over the years: soft-launching new flavors every month within their 100,000+ active subscriber base, digesting community feedback, making a few small tweaks and bringing only the best flavors to market. I never thought oatmeal could taste so good…
Excited for what’s to come!
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“Wednesday’s downgrades come as the city prepares to solicit bond investors next month for more than $500 million to cover back pay.”
We are borrowing, after multiple credit downgrades and thus spiked borrowing costs, to pay back old debts.
This is one of the most absurdist and depressing comments about municipal finance that any of us will probably ever read in our entire lives. Like opening one credit card to pay off another.
Brandon Johnson doesn’t just belong out of a job next year. He deserves a lifelong of shame and humiliation for the damage he has caused Chicago.
Worst Mayor in America™️
Worst Mayor in Chicago History™️
🚨NEW EPISODE
Is Chicago trapped in a death spiral—or is it actually massively undervalued?
We sat down with investor @StuLoren on the latest Illinois Policy Podcast to crunch the numbers on Chicago's economy.
His findings are striking:
The average Chicago worker is 10% poorer than 5 years ago
The city is growing at a fraction of Austin and Nashville's rate
...But Chicago's "stock price" might be perfect for certain investors.
We also cover:
✅the reality of the city's pension crisis
✅crime and public safety by the numbers
✅ @ChicagoBears stadium standoff
✅the crisis at @ChiPubSchools
Top 5 steps Chicago’s next mayor can take to fix city finances ⬇️
1. Stop digging the hole deeper: No more pension sweeteners.
2. Advocate for allowing Chapter 9 bankruptcy: Chicago is the only big city without this tool. You don’t have to advocate for entering bankruptcy. But having the option gives you leverage in negotiations.
3. More financial oversight: Create an independent budget office. Fill the city administrator vacancy. Get a real elected CFO a la NYC, LA and Houston. And put it all in a city charter.
4. Empower voters to approve tax hikes and new debt.
5. Implement 100% of the recommendations in last year’s EY report.
This is wrong. Hardworking people (including US citizens) in Little Village are being apprehended by ICE while grocery shopping & doing laundry.
This is not going after the "worst of the worst". Going after the worst of the worst, means NOT going after the hard-working contributor.
Little Village is filled with good families & hard workers who contribute to our city & state’s economy.
The Little Village economic corridor is home to 1,800 businesses that sustain 30,000 jobs. Terrifying residents into closing businesses & staying in their homes will further harm our economy and moral compass.
Closed businesses and terrified residents do not make our country safer. In fact, the opposite is true.
Twitter Founder, Jack Dorsey, says, “You are the product. You are doing free work for these algorithm models, and you will be replaced”
“That scares me the most”
“Yet, the success of #Bitcoin proves another model exists. We can remove these apps from our lives”
Agreed. Moody’s Ratings stopped short of another downgrade for the city of Chicago, just changing its “outlook” for the city’s finances from “positive” to “stable.” That’s still a major red flag that the city needs to get its financial act in order. All of us all over the state of Illinois need to worry about the financial health of the state’s economic engine.
This is absurd! Thanks to @nbcchicago & @RaymondALopez for investigating.
An elderly widow is fighting a $233,439.90 water bill for a vacant home after the City installed a meter without her authorization!
Even after admitting the meter was faulty, the City is now threatening not only her pension as a former city worker, but also the pensions of her two daughters — both retired Chicago police officers.
How many more families are being crushed by this kind of mismanagement?
I suspect this isn't a one-off but a bigger problem that needs to be fixed.
HAVE YOU EVER BEEN AFFECTED BY FAULTY WATER METER BILLING?
If so, share your story in my comments section. I'm listening.