-- 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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As long as Dolton mayor is left alone by Kwame, is all the proof needed as how much of a useless AG he is
And once again Kwame chooses to meddle in the affairs of another state while ignoring the sorry state of affairs in the state in which he was elected to be the number one policeman.
Kwame isn’t doing jack crap. Illinois is a one-party state and politicians are selected, not elected, so no one, and I mean no one, can stop him from spending the state’s money to fight Republicans. Democrat higher up politicians made a conscious decision to transform state Attorneys General offices into political and cultural Lawfare machines These AG offices have tens of millions of dollars to spend on lawfare against Republican opponents with virtually no oversight or accountability. They have the power of the state and virtually unlimited resources to do battle across state lines. Many state AG’s offices have become… Read more »
And to follow up on my comment below, this is all part of the Democrat’s trend to nationalize the government. Democrats know they cannot ever control all 50 states, because we are the United States, but they can control half of them, as a united block of blue states, to wage war against the uncooperative Red states. So you end up having the IL and Cali AG being mere extensions of the national Democrat Party rather than focusing on the needs of the individual state. California and IL are merely provinces, or governing districts, of the Democrat federal government, and… Read more »
Kwame is quite busy these days, punishing Will County for not “ letting his people go “ that decide to commit crimes south of Harlem avenue and the county catching on to the fact that illegals were going to be snuck into Joliet, amongst other cities, without informing the taxpayers that will fund them. So it is written, so it will be done, says Pharaoh Kwame, along with the required plague of locusts. Going after the Rialto theatre a happy bonus and ace up his sleeve.