-- 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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Maps for board seat were chosen according to race quotas — disgraceful
What a surprise! Chicago voters are uninformed, ignorant, out of touch and lazy. The story about the upcoming election has only been in the news a thousand times over the last couple of years, and half the voters aren’t aware of it. No wonder Chicago is spiraling into the sewer with elected officials put in office by this herd of voters.
All CTU needs to do is tag the opponent as a MAGA extremist and the low IQ voters will not vote for them. The others that vote are union sympathizers so I see the CTU candidates winning.
Exactly what CTU wants.