-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Key line in the story, “If the Cook County states attorney approves charges”. Laughable at best and it all depends of what ethnicity the robbers are.
Isn’t it just dandy how you spend your money under a communist regime.
To protect yourself and your family for the upcoming crime wave and food shortage.
Bailey needs to make crime issue the centerpiece of his campaign
What’s happening in Wilmette today … https://patch.com/illinois/wilmette/armed-robber-shoots-officers-wilmette-3-arrested-police