-- 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
Build more prisons, keep them full. Get some IBEW apprentices to design and build a new hot seat.
Sure looks like black lives DON’T matter to hundreds or thousands of black criminals. They’re not white supremacists on the shooting sprees.
And why can’t J Jackson or B Obama or L Lightfoot ever talk about real solutions instead of passing the buck? How about tough crackdown on burglary, armed robbery, stealing cars, selling drugs — and build many more prisons and don’t let the felons out until they pass a real GED high school test.
And bring back speedy trials and death penalty for murder, attempted murder and armed robbery with a loaded gun.
Holiday weekend started at noon Friday thru 6am Tuesday. 21 dead and 91 shot and wounded, total of 112 maimed and killed. Crime is down Chicagoans, I’m the best mayor ever!
Keep voting democrat Chicago fools! You get what you vote for!!!!!
Adolph Hitler could run as a Democrat in Cook/County/Chicago and get elected with 95% of the vote. The voters are simply incompetent therefore so are the elected officials.
You’d have to change his complexion first, or he wouldn’t stand a chance.