-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
So Round boy is a Bully! We get it!
When you inherit everything, you have nothing of yours to lose.
The JB bull s– only works so well with a certain type of electorate and a certain type of press. Illinois provides both of those for the Gov- a lazy and ignorant voter base teamed up with a lazy and politically tainted press. His circus antics and fabrications won’t play well in any red or purple state, and he will likely look like a fool in some blue– but educated –states like Michigan or Mass. He will get a whoopin’ when he tries to go national.
Yeah, JB is a real tough guy. This is comical. JB Pritzker scares nobody. The media is a joke, and that is becoming clearer everyday.
Establishment media in IL make Pritzker’s political life easy by being Pravda. Nothing of accomplishment there by Pritzker, nothing at all.
Spam? Really?
What happened to my post?? Spam???
We found it in spam and it is live now. Not sure what you meant by the last line. Maybe that’s what the Spam God didn’t like, so we deleted that line.
That’s why I need an editor. Thanks, Mark.
That’s a much better ending.
That’s quite a love letter to JB the Hutt, a ‘leader’ by position only plus his entire life as a spoiled rich trust fund baby. Illinois nakedly Gerrymandered voting districts guarantee a leftist Dem stranglehold on Illinois’ direction, with no meaningful opposition. Add to that the feckless Republicans’ penchant for offering up candidates such as the completely reprehensible Weepy Adam Kinsinger and other criminals and perverts, and you have no opposition in the Illinois Reichstag. Single party rule generates single party rules. It doesn’t usually end well. Cash stuffed creatures of the Hutt’s ilk aren’t simply used to hearing ‘yes… Read more »
Actually he comes across as a spoiled rich kid.