-- 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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Stunning!!!, is this A.G. track record unique to Illinois?: “The companies noted Raoul has boasted in recent news articles that at least 30% of his office’s revenue comes from settlements and judgments stemming from such lawsuits.”
With the Democrats it’s always about power and money.
Yeah, we’re so fortunate DJT and his crew have no interest in such things. We’re so smart to have elected him as our president. Viva altruism!
At least Trump tries to right what he sees as wrong. Unlike Kwame, he pursues corruption, waste, crime etc. instead of ignoring it to focus on trans rights in other states and trying to influence the SC of WI elections. When you have to call in the likes of Lightfoot to get a handle on blatant corruption, you don’t have much of an AG.
Try giving something that’s relevant, okay? Asking why X is before Y in the alphabet is only a distraction at best.