-- 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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Good thing Mayor Cliff Notes has such a big budgetary surplus to spend on camera crews working on behalf of the DNC.
6% and falling, Cliff Notes.
ICE and the CPD should turn their collective noses up at the illegals and their criminal activities in CHI. As the bodies of defenseless women ( their favorite targets ) stack up, more people are robbed and stores are broken into and the random machete/ knife attacks increase, the din from the clueless Dems will be tuned out. Want s—t Dems, you got it!
If that is true…using tax payer dollars to just be arbitrary is criminal. Does the City have a bunch of money to just waste. Where are the grown-ups?