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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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Lori is totally oblivious to how universally disliked she’s become. There’s a lot of odd people in politics, Lori takes highest honors being exclusively driven by hate. She hates anyone taller than herself; so basically she hates everyone. I wish she’d just go away.
Don’t forget she doesn’t like white reporters either
You can’t fault Lori for that, I don’t like any reporters! I’m a misanthrope regarding the press.
I hope she asks Chicago voters if they’re better off now than they were 4 years ago.
She hasn’t finished the job. There are still people willing to shop on MI ave.
She feels confident in articulating a reason for voters to vote for her. It’s on all those gas cards she is distributing.
Absolutely no chance of winning totally delusional he/she has no political base at all
Yeah I think most voters will vote for anyone but her. She’s going to be humiliated. If she wins it will be voter fraud. If she loses she will claim voter fraud.
Severley dissappointing, as is almost always the case for entire Illinois/Chicago political class (dem and rep). Get elected, get that massive pension and retirement benefits, take it easy, do the public unions bidding, and maybe get some extra cash on the side ie as a property tax attorney.
She has no shame. If she had any shame, she would move out of Chicago and never return.