-- 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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You have Illinois Supreme Court Judge Anne Burke on the panel while her husband is extorting millions from companies. Get the Federal courts involved.
This was a ruling from the federal courts so they were involved. Also, Anne Burke retired in 2022 so not sure what panel you are talking about.
They need to speak the dismal and go to the Supreme Court. IL judges are bought and paid for by the Democrats.
We didn’t vote for sanctuary status either, Kwame. Let that “ No Kings “ raga go. The paid grannys and grampas have moved on to something else as have the unemployable nose ring wearers. If you want to take aim at royalty, try starting with career politicians like Durbin, Danny Davis, Crackpot Bernie, etc. and stock wizards like Pelosi. Trump couldn’t rip off the taxpayers on their level if he were elected ten more times.