-- 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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With his vast store of knowledge and life experience he plans to run a major metropolitan city?
That’s laughable.
the more black candidates that get in the race ASSURES that BEETLEJUICE doesn`t even make a runoff
Hmmm…I might be confused. Isn’t he the guy who held a gun to his head in Grant park? He was trying to rob himself! Lori wants the ballot loaded with crazies and balloon folders; a strong field per the Trib!