-- 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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Those in favor please sign the pledge card for 25% of YOUR income to be given away. Leave me alone!
Yep, grift taken from those who never were slave owners and given to people who were never slaves in a non slave state at that. I couldn’t make up a story like that…..
It’s neck and neck between Evanston and Oak Park in a contest to be named Wokest Moron Suburb in Illinois. I think Evanston just moved ahead.
Oak Park Must Not Have A Reparation Gap!
Get on it Oakies.
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That’s evil Evanston for you
How about a special reparations levy that the 70% in favor can sign up for?
I didn’t know the Evanston residents were descendant’s of former slaveholders.
Dear lord forgive me for i have laughed this holy day.
Nonsense. Consider the sources of this phony result.