-- 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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Preckwinkle, Pritzker, and Foxx are actively hounding Lightfoot out of office.
Does she realize yes she may serve today, tomorrow, and into the future but not in Chicago ha ha ha go away little girl you are absolutely out of your league might as well turn the gavel over to CTU the true leaders of Chicago.
I am quite sure that no little girl ran out of that house screaming for the police to intervene.
All I want to know is who beat the stuffing out of whom?