-- 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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Lack of the anger control gene among a certain segment of the population strikes again.
Black on black crime…no one cares, especially Chicago’s political class.
Crime is down.
seems about right for the area… https://society2201.com/ – feel bad for Midwest Coast, they make great beer
Aha! The answer to the question why. TY!
Love this Stonetoss cartoon, right on point to this article