-- 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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Once again, Pritzker’s favorite parasite squeezes out of his master’s vile, sweaty, fat folds to spew his benefactor’s press release. Miller is the poster child of sycophant propaganda ‘journalism’ and deserves to be considered in the same school of lies and misinformation techniques as his apparent role model, Joseph Goebbels.
In Christmas Grinch like fashion Miller slams the Republicans utilizing his ” they rarely if ever pass any substantive legislation” phrase. His rhetoric is similar to the Governor’s phrase of “MAGA right wing carnival barkers.” The thing is the Democrats in Illinois are what they are thanks to the years of gerrymandering with credits given to the likes of great people like Michael Madigan, the Daley family and a few others. I’m sorry Rich but their not being able to pass legislation in Illinois is not a reflection on their character as you like to infer and every day more see… Read more »
Interesting rather fast downvote on my post. Can we surmise that based upon the post that once again we see that Miller is still monitoring this site?