-- 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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Its a win-win for everyone. This appointment him out of the country for four years so we won’t hear from him. And he can live off peanuts in Serbia and maybe save some of his salary for retirement. He served his purpose as a Trump-o-crat and Trump won. Reward your allies.
Rod’s sentence was way too long!
Glad DJT pardoned him as he served enough time for basically nothing!
Glad to see him doing something very useful for himself and America!
Trump and Blagojevich are both convicted felons. Got to love this new Government.
I do. A government sans a person not coherent to know he stole classified documents, yet is competent enough to rule the free world. A VP that cackles nervously when asked a difficult question and babbles some mumbo jumbo, new age nonsense that kept world leaders in stitches. Inept, uneducated, unqualified people in almost every cabinet position because of their sexual preferences or skin tone. As we are now seeing, grift at an astronomical level in several agencies. Yes, I am very happy with this swamp draining.
Why not? Japan was good enough for Rahm. Blago didn’t try and cover up a police shooting resulting in death, either.