-- 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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Hmmm… Is the implication most callers to 911 are nuts? Sounds like implicit racism. Shitavious won’t eat his paintchips?
Correct me if I’m wrong, but…
Is’n the tax surcharge on our phone bills for 911 supposed to be used to help fund 911…?
JBP wants a 988 fund, then create one, & take the heat for creating yet another tax on us overburdened taxpayers…