-- 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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What a waste of money on someone’s ego
Have they checked all 57 states for donors? “Every corner”, all 57 states??
Donations down but they were able to pay slumlord Valerie Jarrett a half a million dollars to over see total GRIFTERS the Obama`
Just think what Pastor Brooks could do with that $160 million – how many lives he could impact.
But, no, instead donate to the Obama Temple, destroy part of Jackson Park, and kill park trees. That’s the Chicago Way!
Jackson Park belongs to the PEOPLE OF CHICAGO, not Mr. Obama.
Why is anyone giving money to this grifter?
It should be built on Martha’s Vineyard and Barack should donate his own land. We can let him live there in his house for 4 more years (during construction) and then offer him and his secret service retinue employment as tour guides. The sec. of transportation could inaugurate a few fast ferries from Provincetown and Long Island. And the Governor of Texas could supplement the work force with a weekly immigrant transfer. Lots of space for low-cost housing or tents on the beach. Elizabeth Warren could introduce the bill in the Senate!