-- 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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The only people who should be in the loop are police and they are not.
Let the criminals run the streets, they learned the skills in the CPS.
Leaving, you can keep wasting your time if you want putting up multiple comments every day that say essentially the same thing, like this one, but we will delete all but one or two of them.
Censorship in any form is not right. Let the readers decide what they want to read.
But then again it is you ball and bat, so you have all the say.
People have a reason to linger in the Loop. They linger around to commit crime.
Yep. For the rest of us, we can linger until we’re mugged. Then, we’re still lingering, except horizontally. It’s part of the revitalization of downtown Chicago.