-- 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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“Up for the challenge “ . Pfft. This guy really thinks he’s doing a great job, when in reality he’s a disaster thus far. I can’t wait to hear him pat himself on the back for how well he handled the DNC in August.
Zippy doesn’t have a clue what in the wide,wide world of sports is going on here.
Dont try to second guess him, the man’s mind runs like a quantum computer.
He will rise like a tsunami to meet the occasion . Nothing to see here move along
Brandon is doubling down on the silly talk lately. If you have to tell people you’re great, you’re not that great. Sit down, shut up and try to get one thing right for a change.
Pols should never strive to add a regressive business activity like gambling to a state or city. Such an addition just ends up lowering the average quality of life in the area.
Gimme a break will ya, your the worst mayor on record.