-- 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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Doesn’t surprise me in the least – it’s what I’d expect from a politician like Toilets Pritzker.
How he got into office after getting caught red-handed with the toilet caper and his ‘golden’ conversation with Blago gives no credit to Illinois voters.
How dumb can we be? Apparently dumb enough to vote this character into the governor’s mansion.
Good vote counters
Tyrants like Pritzker and Illinois Democrats just behaving tyrannically. I’m guessing that their bribery supporters at CTU, AFSCME and SEIU are getting nervous about the sinking appeal of the communist/socialist left and future elections. These piggies are starting to squeal in fear of being yanked off of the taxpayer funded teat.
Feeling “cheated, violated and robbed” is nothing new in Illinois as many feel this way when paying their taxes.
The lawsuit will succeed – Pritzker and Democrats wanting to protect incumbent Democrats who were unopposed in their primary, but who feel threatened by the opposition party. Just more voter suppression and election rigging by Democrats.
Bill was rushed through in two days, without the opportunity for public debate on the merits? This is about as undemocratic as you can get. But we all know that Pritzker and the D’s really prefer tyranny, which is cruel and oppressive government rule. This bill is a an example of such, clear as day.