-- 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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Durbin is a prime example of a waste of skin. In Illinois the politicians will anoint a black, gay, transgender, migrant, ex felon for the Senate job.
They’re not going to let Durbin be replaced with a white man. Ain’t gonna happen. Illinois is the identity politics state. Kwame is the only black man on the list. He ain’t going to take over senate seat. It’s going to be Brandon for Senate.
Well, the Seven Dwarves would be numbers 1-7. Then we only need 3 more cartoon characters.
Hey, anyone see the other IL Senator lately? I can’t even remember her name at this point.
Bernie from “Weekend with Bernie” easily could.
Please let this be true.