-- 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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It was a medical emergencies that caused these tickets. Mayor Johnson has been having a lot of panic attacks lately so he needs to get to hospitals quickly.
You have to admire Brando’s consistency. He didn’t pay his bills before he took office either. You can call him Mayor Slow Pay.
Mayor Raggedly knows full well that tickets, like water bills, are for others and to be paid at one’s discretion.
DID HE EVER PAY THAT WATER BILL?? LOL
I believe the day after Gates paid hers. Psych!