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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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I’ll be happy when he can eye his feet while looking down.
IF THIS GUY GETS TO THE WH…….THE WHOLE COUNTRY WILL LOOK LIKE CHGO AND CALIF AND NY…………UGH!!!!!!!!!
JB’s goal since 2018 has been the White House. The chumbolones of Illinois are being dragged along to polish up his progressive credentials with every virtue signaling pablum that he can think of. For the past five years IL taxpayers are helplessly spending to pad Pritzker’s resume.
JB has zero shot of winning the presidency but he’s got consultants whispering sweet nothings in his ears. There’s going to be a game of thrones style Battle Royale to steal Biden’s candidacy, with the member of Biden’s regency or junta attempting to fend off all potential usurpers in the process. And Kamala, the current Vice-President, despite her unpopularity, knows she’ll too get 81,000,000+ votes if the ‘Weekend at Biden’s’ scheme doesn’t work. JB might be thinking ahead to 2028 but he’ll first need to be re-elected to a third term in Illinois. My research shows that the only governor… Read more »
For the past couple of weeks, a de facto campaign ad for JB has been airing on the 9 pm Fox News broadcast. Something about saving Illinoisians money on their heating bills. The point of the ad is nothing more than to burnish JB’s reputation. But JB doesn’t really need that right now, because he isn’t running for anything.
Or is he?
Pritzger wouldn’t fib about his presidential ambitions now, would he?
Just like he tried to buffalo everyone in Illinois that he wasn’t running for a second term, he had to talk to his family and see how they would feel about it, one word Bullshit.
After all, he is a White man with a White wife trying to raise his White kids in WI or FL or in the White section of Springfield. Davos was his trip to the Grammys.