-- 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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He needs to go until he represents all Il taxpayers, not just the left.
And the winner of this year’s Completely Useless Elected Official Award is……Kwame Raoul!!! Congratulations Kwame!
Kwame ‘the work of his life’ Raoul replaced the odiously compromised and corrupt Lisa Madigan.
The Illinois Combine holds the entire state hostage.
Raoul, how does this ban weaken nation security you tell me please. These mentally ill individuals use the federal government to pay for and enhance there transition, these individuals are non-deployable are removed from every day exercises and training because of there mental instability ,what good are individuals like this to all branches of are military. They are nothing but a hindrance to other military personnel that have to make up the difference from there absence because there transitioning keeps them inactive, they us the military to pay for all there medical then bailout. There is no place in the… Read more »