-- 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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Trump supporters will not be out protesting. They are too busy working.
Watch out for those MAGA bros that beat up Jussey! No doubt they’ll be up to no good again.
>>here in Chicago, we will continue to have sufficient resources in place to maintain public safety and protect those exercising their First Amendment rights.”<<
But for those wishing to live in peace, without fear of “lead poisoning” – not so much…
Ha!! Because you know how riotous and destructive those Conservative Republicans can get.