-- 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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In such a target rich environment as corrupt Democrat ruled Illinois, Kwamie somehow never sees any crimes or criminals. How is that? The Feds have to muster up the Democrat wrongdoing. Meanwhile, Kwamie is asleep.
Which is patently obvious because he doesn’t do anything other than virtue signal progressive values and attack his political enemies. So heads up criminals, home repair fraudsters, unemployment scammers, shady mechanics and tow shops, elder abusers and every other degenerate in between: Crime is legal in Illinois! Kwame is so busy fighting the culture wars, he doesn’t give two iotas about anything else! He’s got his staff writing letters to Target over ‘tuck friendly’ swimwear. His real job – you know, enforcing the law – well, that’s just too boring, so roofers, drywallers, home repair scammers, go ahead and scam… Read more »