-- 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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Dirty Dick Needs to recall himself.
Durbin had nothing to say about Madigan or Burke.
Good ole boy Durbin waits to see in what direction the train is gonna leave the station before he jumps on board. This clown, SloDickie, has been free loading on Taxpayer money for almost 40 yrs and has a career that has no accomplishments except making his head swell. Durbin, another Illinois disgrace.
Excellent.
Always a little slow to get to the party, Do Nothing Durbin finally arrives.
Durbin — and the other Senate Democrats dipshits — are only calling for Menendez to resign now, so Democrats can hold that Senate seat in 2024.
If they give a shit about corruption, they would have called on Pelosi to resign years ago, for her decades of insider stock trading.
https://nypost.com/2022/10/05/house-speaker-nancy-pelosi-has-accrued-millions-from-husbands-trades-report/