-- 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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Hmm.. pretty sure that when a group decides to disrupt the proceedings at a government meeting, the government has every right to have them removed. AG is probably unaware of that.
He’s aware of that. He doesn’t care though. Pekau is a political enemy who dare challenge the IL Democrat machine. So he gets targeted. Most Republicans who run against and lose to Democrats find themselves in legal trouble with the very same regime they lost against. It’s the Democrat way!
Did you read the linked article?
Sure did. Which is why put him and the Board ‘through the process’ and then said, “No punitive action was taken, but Pekau and the Board were advised to do things differently moving forward.”
So basically they did nothing wrong, and they were looking for a reason to investigate Pekau.
Democrats especially in IL use lawfare on their enemies. Anyone who believes otherwise is not a good faith actor.
Did you read and COMPREHEND the linked article?
Did you read the linked article?