-- 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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Will their vehicles be equipped with Stuka sirens shrieking. The nuts will immediately surrender. Send Lori with her clear understanding of city challenges! Come out of the house or Lori moves in with you!
Get the popcorn this show is going to be epic
Lets see when the 1st assault /murder will take place. Bets anyone!
The logo, still under development! I suggest a fluorescent bullseye!
This will not under any circumstances end well.