-- 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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It sure would be nice to have a political reporter from channels 2, 5, 7 or 9 ask a few questions of JB, Brando or Judge Tim about this unmitigated disaster. Hey Mary Ann Ahern and Paul Lisnek, why don’t you crawl out of the Democrats coat pockets and do some honest work? Pathetically beholden to the Pritzker machine and afraid to cross their master.
Unfortunately there are no reporters or Journalists in Illinois TV, they will read and say what there overlords tell them whether or not it’s the truth or a lie.
Geee! Now that effectively Trump is President, Venezuelan gangs have become a problem. Why just a few months back everyone said there was no such thing in the United States. “I did that! Joe Biden”
30 arrest in a period of 19 months what a great job, politicians you did this and the tide will turn against you
Those are “ JB’s people “ and if you want to remove them, you have to slog through him. Personally, I can’t wait until he slithers off with his tail between his legs.