-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Saving a life is an error? Wow
I also challenge Mark Brown to eat where he shits.
I challenge Mark Brown to write a new protocol for ‘resisting arrest’ which he finds acceptable.
This is why I would rank Mark Brown as the best of Illinois’ liberal columnists. He has the courage to break from the pack and thinks on his own.
While I normally agree with much of what you say, I disagree that there can ever be a best liberal columnists. That’s like saying Trotsky is the best Bolshevik. There can be no best Bolshevik. And to prove my point: It is a sad state of journlisming when a newspaper columnist must have courage to state the obvious: this was a 100% justifiable police shooting. He should be commending this officer for his brave actions running down a dark alley in the middle of the night to apprehend an armed gangbanger. This was an honorable act of bravery and if… Read more »
Great response. Down voted by some woke turd who probably hates being born white.
I come on this site to be validated and all I get is downvotes. Come on guys my wife already gets mad at me for ranting about politics all day long. I need people to upvote my thoughts to have any self worth. Please give me a positive vote guys. I really need this.
Whomever is downvoting is likely a cap fax reader using a VPN to downvote multiple times from the same computer.
it’s the trolls down-voting you, know who to trust.
Debstor is speaking truth, and this brings out the trolls. My guess is that folks at city hall now recognize Wirepoints as a threat to their pathetic lies and will try to sprout mischief and take us all down. What many might not realize is that gangs like the LKs have significant influence in city hall; seen it with my own eyes at political fundraisers, and the dems in Chitown are proud of it. We understand the dangers of speaking out and shield ourselves with screen names waiting to be hacked before the next election.
It is very odd how down-voters, typically those who dislike us here, come out in occasional surges. I wish our software allowed for showing aggregate votes both up and down, instead of just the net which it does. I am not entirely sure what causes the surges on particular topics or at particular times. Maybe it’s the topic itself, or maybe it’s when a post gets circulated more heavily to some particular group.
That’s hilarious, you get a bunch of downvotes for just explaining how the site works. I doubt the down votes are capital fax regulars, I can’t see any of them doing any extra “work”.
Why not just get rid of “vote” button anyways?
Don’t get rid of the voting. Many of us need these votes to have any self worth. I love coming back and seeing all the positive votes. My wife hates when I complain about Illinois politics. She tells me that I’m just repeating myself and to shut up about it. When I repeat myself here you all love it.
Illinois Democrats suck. Please give me upvotes and make my day!
Did you ever think that maybe your wife is downvoting you.
Nailed it