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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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“Pritzker Addresses Rumors of Martial Law: ‘Completely Inaccurate’ ” So, I am forced to ‘stay-at-home’ (what a nice sounding name, like a stay-at-home mother) under threat of arrest; only critical infrastructure can go to work (and must show up under threat of losing their jobs), and if I leave my house and meet up with friends, and the police question me, I need to prove to them who I am, where I am going, and what I plan to do. Sure, this isn’t Martial Law. It’s just ‘stay-at-home’. I hope this moron takes the biggest election loss in 2022 for… Read more »
He’s with Stratton they both have been missing for weeks