-- 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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More Illinois taxpayer funding for the virtue signaling of Kwaumie Raoul on behalf of the Pritzker for President 2028 Campaign. Disgusting.
No Way, Jose! Beanbag Pritzger can find his own way here. He deserves zero from the federal taxpayers kitty. What a joke.
JB needs to use his own money for his political/campaign agenda. Now he’s trying to fund elections in WI.
Kwamo the Magnificent’s favorite trick? Making taxpayers money disappear creating useless lawsuits! Folks, it’s a sight to see!