-- 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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Perhaps he can her VP. That way we can be rid of 2 useless Dems in one throw.
Kwansee could not Support his trousers with a pair of braces.
Kwame Raoul is still around? Hadn’t heard much from him on anything of substance lately. Thought he skipped town.
“The community” isn’t good for much, but I must admit they are quite
consistent when it comes to endorsing other members.
Honesty, decency, and obeying the law? Not so much.
What a surprise. Did you even need to write an article about it?
No kidding? They could be twin offspring from different mothers, if willing to admit that’s how the birthing process works.