-- Connecting the dots between our economy, government and business --
For decades, the governor’s mansion was a malodorous house whose occupants constantly complained of ill health and “foul odor” due to poor plumbing, underground water, cranky boilers, leaking ceilings and electricity that couldn’t be trusted. “It was a nightmare,” First Lady M.K. Pritzker said. “The house had stories to tell and I, quite simply, wanted to tell them.” Pritzker has written a book about the mansion’s legacy titled “A House that Made History.” Proceeds are earmarked for the mansion’s future upkeep.
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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Hmm, do any of the ghosts appear to be overweight? Removal of toilets can cause a foul oder….