-- Connecting the dots between our economy, government and business --
The Governor and President of the University of Illinois system, Dr. Timothy Killeen, met with Sir Gerry McCormac, of the University of Stirling, and Sir Peter Mathieson, of the University to Edinburgh. Gov. JB Pritzker talked about opportunities to strengthen the transatlantic connection between post-secondary institutions in the United Kingdom and Illinois.
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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Don’t the lovely First IL Couple stir fond memories of Jack and Jackie Kennedy…??? Such grace and style remind one of those bosky long – ago “Camelot” days…