-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Stop this useless BS and do something worth while BRANDON……help the people or get out of office…………sickening!!
Hmn, Old Joe went to the school of hard knocks back in the 60’s……
Columbus was a bad man. Traded in underage girls, enslaved and killed the Indians.
Never should there be a holiday for this man. Look up Christopher Columbus and teach your children the truth about him.
What does dingbat ginsberg have to do with any chitcago schools??
What happened to Mystic Knights of the Sea
School, the famous Smith Bros Cough School, and the well known Famous Amos
Cookie School?
Now, see here, Calhoun! What’s I gonna do, Andy?