-- 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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I do give him credit for trying and he was lucky a greater power was keeping an eye on him. How about BJ spending a night out without his police protection unit. No, the CTU owns him and I guess his “most black administration ever” is owned to. Do the people believe that having a black administration will resolve the issue? The people don’t need reparations, they need an administration that tells it like it is and does not gaslight the public. One that puts all the people, regardless of race as priority 1. Until the people wake up, nothing… Read more »
Look, its our -1 political over watch making his displeasure known to all.
Let Zippy handle it he is the expert!
HE DOES NOT CARE!! He’s the mayor to he$$ with everything else…………in other words……….I GOT MINE!!
I wonder how long before Ald. David Moore is forced to defend his seat against an ultra left progressive that wants to defund the police. It’s inevitable.
Unfortunately for him, Moore hit the nail on the head when he pointed out that there is profit in poverty and could’ve mentioned crime as well. The communities that reap such profits are loathe for those paying taxes to discover that fact.
Notice: No down votes from the goons that watch the site on this one. Its exactly what they have planned. We have got your number.
Thanks goon, I was going to report you to the DNC for not paying attention.
Well -1 goon, I do respect your tenacity. They must be paying you well. Report this back to his Hin-ass.