-- 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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Miller smoothly slithers from one parasitic host to another. Both provided him with talking points and press releases so that he can parrot them as ‘journalism’. I doubt if the Crap Fax echo chamber will embrace JB with the same worship as they had for Convicted Felon Mikey but leeches and ticks are simply happy to have any host to feed from; work is not part of their DNA.
It’s interesting that a former Illinois Attorney General never even caught a whiff of the speaker’s corruption and that only2 of his daughters are seen walking him into court.
Most of the CrapFax crew want Madigan to get sent home with a slap on the wrist. No jail time for their Dear Leader, because he’s old! Sounds like ageism to me. Give him 20 years. If he keeps eating an apple a day he may get out alive.
They are damn glad the trial is over. They’ve been watching every minute fearing their names would come up.
The crap fax inhabitants are parasitic vampires and sunlight is their greatest fear. Right above actually doing a moment of work.
Miller still cheerleads for Madigan…old loyalties never go away it seems regardless of anything for the Democrats.
It’d be smart for Madigan to hit the reality show circuit, so he’d have an “in” for a pardon too.