-- 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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When you are a government official — and “tree equity” is your priority — you are a fraud
And yet, the more we call them frauds, the more they double down on their ridiculous beliefs.
Trees are racist
What about the rest of the trees that were purchased? They’ve planted 18,000, but without proper handling those hundreds, if not thousands, that remain unplanted will, if they haven’t already, die.
That’s your tax money folks – rotting in the cold. What a waste and what an example of poor planning by the City.
https://www.nbcchicago.com/news/local/chicago-politics/hundreds-of-trees-lie-unplanted-in-chicago-lots-with-critics-worried-theyll-die-in-first-frost/2958390/