-- 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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That’s supposed to be the secret police facility where phantom operations start. How do folks know it’s there, or been there for 25yrs?
They weren’t social distancing. But Loris girl dirty haired (needs a shower) incompetent dr arwady continues to blame white bars , white gyms, and white salons. Not a word has been mentioned of daily protests and the feral predators street parties, and daily demonstrations, and west and south side drinking parties.