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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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As a Catholic I am appalled by the silence coming from the Archdiocese of Chicago. Two small churches with limited resource lead the fight for freedom of religion while are Cardinal hides under his bed hoping not to be noticed. The notion that churches will not be allowed to return to normal until there is a vaccine is indefensible but Blaze is too frightened to join the fight. So I must ask our Fearful leader…we’re you just kidding us all these years that the sacraments were important to our spiritual well being? We’re you just kidding us that Sunday Mass… Read more »
How can you watch what this heretical pope has done every day and be surprised the Catholic Church in Chicago follows suit? It’s an anti-Christian organization at this point.