-- 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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This is the same clown that was comparing murderous thugs to his young son playing on the stairs.
Brando speaks out of both sides of his mouth. Another worthless Illinois Democrat.
Zippy, the course correction of the individuals life as you put it is simple.
That criminal punk should be corrected
Into old sparky and 2300. Volts should be
Directed into his head and out his leg.
Correction completed, NEXT!
Words, words, words.