-- 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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“… never, never could I have imagined that anybody would talk about me as the potential vice-presidential nominee or as a candidate for president of the United States,”? Don’t puff out your chest too far, JB. Belief here is that the Bar is So Low in the Democrat bench for Potential Candidates for the offices in question that JB Actually Thinks he had a chance at them. Not only that, but the Hamas supporting Extreme Left Wing of the Democrat Party would Never support a Jew for those offices. That’s why the DNC went with Tampon Tim Walz instead of… Read more »
I hate to tell you JB, but nobody is talking about you seriously on the national level other than your paid flunkies. Look at any poll done in the last six months and you aren’t even in the single digits. And don’t try to sugar coat it– you only announced that you are running for reelection as Illinois Gov because even your own private national polling shows you going nowhere.
Vote Pritzker out. RNC needs to put up credible gubernatorial and senate candidates and financial back them against JB’s billions.
Unfortunately never going to happen but it would be nice.
Guttman is the only one not in on what a joke his presidential aspirations are.
Putzger is the only one that speaks of his political aspirations. I personally would just like to see him disappear.