-- Connecting the dots between our economy, government and business --
In a unique effort to release stress, Chicagoans are gathering on Sunday evenings — to scream into Lake Michigan.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Roland, Curt and Manny did this best…
https://youtu.be/aI9lo5BRJmg?si=shSh_lxVXJHxgr-T
This is what TDS makes liberals do.
It’s also a good way to practice when you get mugged in Chicago.
How new age and holistic. Wonder what kind of salary the “ scream coach “ pulls down?
I wonder what reply they hear back. And whether they are looking at a team picture of Pritzker, Raoul, Preckwinkle, Johnson, Davis Gates, many of the aldermen.