-- 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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Which one of the mainstream media will ask JB about this? Mr. Jabba speaks loudly about getting guns banned, but Lil Kim won’t even charge the gangbangers with those terrible weapons. C’mon Chicago media, do your GD job for once. You are all complicit in this charade.
Clown world. Simply unbelievable.
Not clown world. But equity.
Hmmmm……..Just a misunderstanding that turned into a situation.
It’s time to charge Kim Foxx
Time to cancel both the Pride Parade and cancel Kim Foxx