-- 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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If he runs for governor, vote him out. RNC should step up and put up a credible candidate and send funds to campaign against Pritzker’s billions.
Save Illinois. Run for President
In other words, campaign until July, poll extensively and decide to run for reelection when presidential polls are consistently dismal.
The Fat Man is going to “be in the fight”. What the hell is he talking about? TDS is strong with this moron. It’s ok to disagree with a political decision…but he needs to stop lying about what The President is doing. This blow hard just wants to be the opposite of Trump, that’s all. He has no ideas, no plans, no strategy…other than being the opposite of Trump. Trump says “the sky is blue”, the Fat Man says…”no it isn’t.” He doesn’t tell you what color it is…or what it should be…just what ever Trump said it wrong. It… Read more »