-- 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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JB made the pandemic all about politics from day 1. He is either in complete denial or just a liar, and neither option is a good look for the Governor of a once proud state. In every one of his daily updates, he blasted Trump, while he failed his own state miserably. From the enormous IDES debacle to the deaths of more than 30 veterans at a state run veterans home, JB was a nightmare. He takes no responsibility for his multiple miscues. A poor leader by any measure.
He’s a liar.
The token sacrifice of Govs regarding nursing home deaths will spread West. it’s as close as MI now and Pritz-boy will follow. No true justice is intended, but the showcasing will distract a bit from larger, undisrupted agendas in process.
Typical NPR. One pretense of the article is that there is tension between the Executive and legislative branches. That is fake news. JB has shown he will sign any bill they send his way, even if it is very harmful to the safety of us citizens, or is a blatant attempt at indoctrination of our kids. There is no tension. And we know no conservative bill will get through this legislature due to the super majorities held by the Ds. Agree it is all politics, and he and NPR think we are stupid.
You are not the target audience for NPR. They already know their audience is stupid. So stupid that they actually think they are smart.
It has all been politics.