-- 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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Fraud Local™️
This is one of his biggest failures. Shows what a reckless and incompetent schmuck he is.
IDES director and Pritzker need to be held accountable to the fullest extent of the law, they both need to be arrested for allowing fraud and theft to happen that continues to happen, this is your responsibility Pritzker, get the double wide cell ready.
None of the IDES workers were at work during the pandemic. They just collected a paycheck. That includes OEIG, attorney general and Illinois workers compensation commission among others. The ultimate in theft of services. Susan Haling, the OEIG doesn’t answer her phone for over a year.
Maybe she has an old type rotary dial phone and doesn’t know how to answer it or make calls on it.
Hahahaha now do Nov. 2020 ballots….more secure election ever, most secure unemployment claims ever, right?
CA was RED.