-- 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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I think he meant to say he’ll provide a “Pandemic Cookbook”. Freudian slip, I’m sure…
We know the Dictator’s playbook: kill as many as possible, damage the economy as much as possible, accumulate as much power as possible, and get as big a bailout as possible
Yet every corrupt judge and not one of are legislators demanded Pritzker Change his ways all are on the take but people of Illinois keep letting it happen. I’m starting to believe that you deserve what you get, you voted for these frauds.
Election fraud
Voter Fraud; I in no way voted for this POS.