-- 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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Snelling also said he was abhorred by the “vicious, nasty sexually explicit things” some demonstrators yelled at female officers.
Maybe time to add this stuff to our Hate Crimes law? But then I remember that foul mouth black, mini sized, queer, former Mayor of Chicago spewing the same!
But the uncouth racist was quick to point out that she had the biggest.. well you know.