-- 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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A broken clock is right twice a day I guess. He’s a milquetoast but right on Byron. I hope he can do more than write a letter though.
Screw Kinzinger! Go away
The junior scumbag wrote a letter, good boy Adam. Next time print, you’re cursive skills give me vertigo.
His wife must have or applied for a job at Byron
They could have titled this article “One loser sent a letter to another loser”.
The traitor is trying to save face, little late Kinzinger crawl back into your hole.