-- 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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Kwame is as useless as Lisa Madigan. Just collecting a check and doing nothing for it
On the contrary. Kwaymie is doing lots. He is doing everything that he can with taxpayer money to support the Pritzker For President 2028 Campaign. Kwaume is is JB’s best and most talented fluffer.
Legal experts say Raoul will loose this case. Raoul cares not when the law is against him, he just spends our money on knee-jerk opposition to Trump.