-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Does anybody know the process to get this governor recalled.
No spike in coronavirus in places reopening, U.S. health secretary says, article on yahoo today, science Pritzker science open up Illinois you jackass
Everyone was hypothesizing Trump would be the “fascist” and work to abuse his authority… Well, right out of the Dem playbook of accusing “them” of that which you are guilty – that is exactly what our bobble-head guvnah is doing. What a POS.
The song Know Your Enemy by RATM come to mind!
That is unconstitutional prickster can not create laws or create criminal punishments. Why is the IL legislature and supreme court missing on this to reign him in. Now IL sees what a moron and tyrant we have. Just another reason to impeach this clown.
The Legislature? You mean the thing ran by Madigan?
I wonder what it will finally take for the media to turn on JB. He’s obviously determined to take this sad chest-thumping to its logical conclusion (that ego and all).
This is utterly insane, but at least we now know just how despicable of a human being he is.
This moron is completely out of control.