-- 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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Heil Pritzger! Bubblehead should be referred to as “Dear Leader’ like the sawed off fat guy in N. Korea. There are some resemblances. Be prepared for the “where are your papers” as Bubblehead tries to exert more and more power over the citizens of the state. As a side note it was just reported that Bubblehead’s family have been traveling to southern Wisconsin to the family working farm so his family can tend to the animals on the farm. Really, I mean really, he must think the people are totally stupid to believe the crap he is saying. Mrs Bubblehead… Read more »
Why are these guys screwing around. Put the U.S. Attorney’s to work!
Remember when the shoe was on the other foot and Mayor Lightfoot joined litigation against the Federal Government for threatening to deny DOJ funding to “Sanctuary Cities” who are breaking ACTUAL laws and not UNCONSTITUTIONAL GOVERNOR ORDERS? I can’t recall the exact quote from the news at the time that a Federal judge blocked that denial of funds, but it was something like “she danced with joy!”
Outstanding letter – many good points. Sadly, Cheri Bustos is AWOL – Ignoring the small businesses and workers of Central Illinois for partisan politics.
Every signal business that was forced to shutdown in Illinois and forced to close forever because of Pritzkers stay at home order extension need to file a massive class action lawsuit against this tyrant. Everybody knows he is over exceeding his power contrary to what he is telling everyone. And all the unemployed that suffer from him exceeding his power same thing. Make a believer out of this smiling smart ass. And next in line the states attorney, it is his job to uphold the constitution of the United States of America and the Illinois constitution, for some reason he… Read more »
I swear, the more I listen to politicians the more they sound like children.