-- 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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They could probably get Alec Baldwin at a bargain basement price!
Well the movie companies could go bare and what happens. I’m thinking of a low budget Mad Max sequel.
Check the payroll of the movie production companies. It wouldn’t surprise anyone if Carter was somewhere on the list as security consultant.
Tell Hollywood assholes to hire their own security
Using cops to protect high paying jobs in a high paying industry is worth it. I’m not quite willing to let Chicago go completely to he ll yet. Many of those crew members don’t even live in Chicago, i know quite a few and many live in the burbs and some are even Republican. They’re essentially skilled blue collar jobs. They understand the capitalism behind the film and tv industry. They will all lose their jobs if it’s unprofitable or unsafe to film in Chicago.