-- 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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Well, appropriate for Trib Editor to be theatre critic, because that’s what Chicago’s become: street theatre farce.
Was wondering what was happening to McCreary; so now I know. Wow, didn’t even get a buy-out, and she was last legit conservative political editorial writer there. I don’t count Kass, he was more of a “local color” editorial writer.
Let them all put the plastic baggie on their right hand and pick up my canine’s excrement off my $hitlib’s neighbor’s lawn. Better yet, I’ll tell Zorn and McCreary to just leave it there right next to the Hate Has No Home sign in the yard.
I ran into some neighbor the other block over with one of those “love is love” signs in their yard. I didn’t know the guy but I said, “Hey S$hitlib, nice sign!” I walked away before I could see the befuddled look on his face.
A theater critic??? That is the best choice for editorial page?
Mcqueary gone!!, yikes a giant loss for the city