-- 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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what do other big cities pay in overtime, per year, per capita? no pol or press asks
So, in other words, it’s okay to keep overspending, as long as the money is spread around more. Got it.
This boy bj is really a stupid idiot to open his mouth about this. Bj needs to look into the mirror. But he’s even too dumb to know what a mirror is.
WHERE DOES THE CITY FIND THESE PEOPLE????
From the garbage dumps
Equity always comes up as a solution for crime. Zippy looks like his pants are on to tight. You can just make out a bit of steam
Rising out of his ears, look out the whirling
Dervish might rear it ugly presence, I see
The vapors starting now.
The continued destruction of the Chicago police force will result in the following:
The city of Haiti West waiting to please.
They promise not to shoot you on the beaches, enjoy your vacation.