-- 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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Racist for requiring audits be done and published? Then it was also racist for the Social Security Administration to withhold funds from our Clinic in Altgeld because we were only two years behind with out Annual Audits. Current after I was done and with funds flowing.
Does make me a racist as well
CTU doesn’t want an audit. They would be exposed publicly for being a political activist group, not a labor union. Maybe some graft as well.
Union went downhill when Karen Lewis became president.
Dog whistle meaning it will never be heard and ignored.
Neither Al Capone nor Boss Daley ever dreamed of having Stacy’s power and control over Chicago. The city is her plantation; its citizens, her field hands.
Ms Stacy is a modern day ‘Calvin Candie’