-- 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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Its actually sickening that this guy still freely walks arou d and is not in jail. His reach is so deep and the money he throws around to buy and keep all types of elected and non elected officials in his pocket is so in your face . How can this guy escape prosecution ?
And yet, if you are typical of the commenters here I suppose you think Trump is terrific. To me the ways they go about getting their way show them to be kindred souls.
Who would prosecute him? A member of the Team player Democrat States attorney?