-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Why is this person not sitting behind bars yet? She has broken too many laws at this point to keep track anymore.
What,you don’t think our A.G Kwame Raoul is on this? (Hee hee.)
YOU REALLY NEED AN ANSWER TO THAT QUESTION???? IT’S ILLINOIS…LOL
If she were white she would get a life sentence, I guess that DEI privilege card for her is sure paying off big time, she will probably get an award from Brandon and diversity hire of the century mayor brainless bj……you democrat suckers make me laugh. lol
ME TOO!!