-- 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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Do not forget to bring your bodyguard with you. Maybe a whole army of bodygurads.
Yeah, whenever I think of Disneyworld I immediately think of Millennium Park. The only difference of course is you have a much greater chance of being shot dead when you head to MP.
Yet another fake story about Chicago being on par with Disneyland London and Paris for tourism.
Just like the annual laughably fake story that Chicago is the best city in the US
https://www.timeout.com/chicago/news/chicago-is-voted-the-best-big-city-in-the-united-states-100722#:~:text=The%20city%20tops%20a%20poll,a%20best%20place%20to%20live.