-- 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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This is great news. Shortly after the fourth me and my wife are looking forward to a nice dinner in the city, getting carjacked, and being beat up and left for dead. Can’t wait.
How about the corrupt CPS and CTU?
Why aren’t the schools open?
Define “open” Lori. Open for who? So govt collects more revenue, or so we can lose the face diapers?
I saw they also expect to see masks as a part of society for “a while”. I don’t consider things fully open until that nonsense is gone.
Pfizer #2 tomorrow – then I expect to get even more agitated on the mask garbage.
What is it with these politicians about opening July 4th is it some magical day, open now.
Golly. How nice, but I’m guessing that if Trump had been re-elected President Chicago would be locked down until 2024.
Trump was re-elected
Glad to see someone state the obvious.
I have seen or read very little of this fact even on WP.
The elephant in the room or whistling past the graveyard come to mind.
OR is it that several folk on here and other places are Democrats, members of the Official Government Workers Party or have friends, relatives working for Government or are on fat Government pensions that I pay for?
God help us.