-- 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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Good job Tucker and good job Wirepoints. And the press and the public should all be making a much bigger deal about the Pritzker family leaving Illinois, going to a state that does have quarantine requirements, likely riding horses around outside, and probably flying in a private plane .
And let’s not forget Lori Lightfoot getting her hair done while thousands of barbers and beauticians are out of work and no one is allowed to get their hair cut.. Looks like it is a requirement now that to be a Democrat elected official you must be a full fledged phony.
Members of the Machine in good standing, and their families, have never been subject to duly enacted state or local laws here and if a friendly US attorney is in office, not to federal laws either. At least not since Richard I assumed the offices of mayor and party chairman in the fifties. No reason to expect any of them to consider themselves subject to statute-flouting diktaten from one of their own. In theory, the politicians are dependent on the good graces of the voting public and the press, but in reality it is the press and public dependent on… Read more »
Interesting (and shocking) how within just six weeks so many of the citizens of Illinois, Wisconsin, and other states have come to accept that their local police and county sheriff and deputies are no longer taking orders from the town council or county board, or from the laws enacted by the state legislature–they are taking their orders directly from the governor.
Did I just hear someone say that the Emperor has no clothes?
Buck naked
A disgusting thought at best.
Maybe that’s why she is in Florida…
The governor of Florida should be told about the members of the Pritzker family who are in the state and SUGGEST that they stay in the house because they came from a state that has the virus.
Love the fact that Tucker states Pritzker is a SOCIALIST
Jabba = national embarrassment, more and more every day. Because you replaced a successful millionaire governor with a billionaire who only cares about himself.
Thank god tucker is calling them out including JB