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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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This is a righteous suit, in my opinion. There seems only one way to stand up to Illinois political corruption: judicial review. And defamation seems to fit the definition of corruption, because power is maintained by those holding the microphone, and the office of Governor is invested with implied credibility. The Governor knows or should know that he is falsely accusing someone adversarial to his own position of a crime. If he isn’t held accountable he is incentivized to keep on doing that and benefitting himself in the process. In McHenry County, in the past few years, a tenacious political… Read more »
Absolute executive immunity, that’s according to crapfax Rich Miller, will see.
I hope not. JB running off the mouth is getting tiresome.
Rich has to say that to keep his handlers happy. Admit the emperor is wearing no clothes and his access journalism pipeline dries up fast. JB doesn’t have absolute immunity to call a private citizen a grifter and accuse him of illegal activity. If anything, JB has an active law license and slandering his opponent attorney is against the ethical rules.