-- 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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Read a few of DNC stenographer Natasha Korecki’s work and one could wonder if she’s on the NBC payroll or the DNC’s, or are these one and the same? How is it possible to call yourself a ‘journalist’ when you type things like “Biden denies cognitive decline” not three years ago, not after the debate that showed the emperor standing naked, but a week ago. A part of her service to the DNC, Natasha typed with a straight face: “Gambling on one Democrat and losing could reflect poorly on his own political prowess or raise doubt about the strength of… Read more »
Guaranteed all the others thinking about throwing their hat in the ring have already researched him and his family. Toiletgate will come back to haunt him, as will the families involvement with dozens and dozens of NGO’s.
Never knew we had a Lt Gov. Never heard her name before…and doesn’t that say something…a voting citizen in Illinois who reads and is involved has no idea who the Lt Gov is….sheesh. My fault I guess. She must have been hiding, collecting a check and cutting ribbons on new businesses and opening shopping malls…oh wait, we don’t have those anymore…well, guess she’s been doing nothing but costing us money – as usual. Electing a do-nothing liberal, black woman as the governor of Illinois is so predictable as to be a cliché. Once elected, I am sure she will begin… Read more »
The “chosen one”. Governor WIDE-LOAD will spend as much $$$$ as it takes.
Why do I hear Strattons name ( which I confess did not no we had a lieutenant governor) and think of the theme song from “The Jeffersons”
IL doesn’t need a Chicago left governor. Vote he out. It will be hard with JBs millions being poured into her campaign.
“ Strength as a governor.” Pfft. While he sloshes around the country trying to drum up enthusiasm for his disastrous presidential campaign, still two years out, IL is moving right along, incompetently, without him. Talk about an extra appendage on a billy goat.