-- 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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Perfect. Ms. Pramaggiore blatantly violated the law, is actually convicted for breaking the law, and now thinks she’s still qualified to be attorney to enforce the law, without any ethical conflict. Perhaps her theatre-major background makes her think she can act out any role she finds interesting.
What good is her law license going to be? She’s going away for awhile. Better start singing Anne!
Along with Mikey Madigan she needs to be taken down to Daley Plaza and publicly flogged!!
The arrogance of the entitled is amazing. Unanamious verdict of guilt by a jury and this entitled one thinks nothing is wrong and still wants her entitled status. Shut up!