-- 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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Future visitors should take note of the hotels these illegal immigrants are booked into to prevent the possibility of transferring bedbugs, diseases and assorted maladies by
Your tax dollars at work…..
And what suburb will be getting this round of illegals? I wonder if you can bet on this?
And how many ILLEGAL migrants have been bused to the suburbs?
Perhaps Pritzker should put his money where his mouth is and house them in one of his Hyatt properties IN CHICAGO.