-- 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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How about those king size harbor bollards in front of ABC on state street those items are extremely racist. The structures are? What is their intended purpose? Are they sunk beyond the surface or held in place with Elmers Glue. Will they stop a flaming sled in the form of an 1963 Electra 225. The girls are getting jumpy; Cheryl is always looking over her shoulder. She knows there’s payback in the works.
Local Chicago news is trash! All Liberal, left leaning. Good luck
I honestly was not aware that there was still such a thing as the local 10 o’clock news in Chicago! Wow I thought that was gone years ago when people stopped using antennas on their houses.
Like someone here pointed out the other day, instead of taking JB fat slob to task for this tyrannically tendencies, they chose to make the top story a dog fight in Palatine instead.
That’s not news folks.