-- 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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Another example of Lori flooring it in neutral. I hope JCat doesn’t rub her face in it; too hard!
Covid is never about medical science, it always was and is about political science. Now all those cops who got vaxxed against their will due to the firing threat are kicking themselves.
Hopefully a helpful lesson of the lengths your political rulers will go, the threats they will make, to coerce you into doing what they want you to do.
I believe the mandates are unconstitutional & I am totally against them, so I’m happy for those city employees that got the exemptions…
LL talks a big game, lots of threats & predictions of dire consequences…
Yet at the end, she caves, like she always does (CTU for example)…
She walks loudly & carries a little stick…
Yeah, Chicago & IL needs 4 more years of this…
Yup she has become a noisy loud mouth trying to garner respect and onboarding by thumping her chest, threatening and bossing. She jumped the shark when she said her di@k was bigger than everyone else’s.