-- 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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NewsNation is just another CNN clone.
Community is outraged? Hardly.
If the FBI was involved, the two alleged perps must have a lovely rap sheet.
Was the community outraged by their alleged crime spree or were they coaxed into silence?
That the CPD still plays the fool at Mayor Turd Reich’s insistence is pure insanity and should outrage any citizen.
Hmm.. I wonder if the community is outraged that Homie has a +100 member security detail of CPD officers?