-- 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 don’t care – their tactics are reprehensible and offer nothing to Chicago’s citizens or visitors except a traffic nightmare and a headache for law enforcement.
Ban ’em. The whole lot of them. “Peaceful protests?” If history is any indication, that’s a pipedream.
Really? You don’t want the malcontents so carefully protected and abetted by the Dems during the summer of Floyd to now display their skills at the DNC? Milwaukee had no problem rubber stamping the green light for every group that asked to protest at the RNC. Aren’t the Dems the “ party of tolerance “ anymore?
“Party of tolerance?” LOL!
Thanks, I needed a chuckle.
The way this Democratic Purchased judicial system works in Illinois, this case will be accepted sometime in September and then dismissed.