-- 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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Headline should read Speaker Madigan defends remote voting, judicial gerrymandering thru Speaker Welch, people Madigan is still calling the shots behind the scenes.
Welch is just another loser dem destroying Illinois Wake up Citizens!
In redistricting circles, Illinois’s gerrymandering in 2021 is universally recognized as the most corrupt and gerrymandered yet, awaiting only New York’s upcoming map, which could be even more gerrymandered. Congrats guys! Always vote blue no matter who!