-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
All the shoe store owners should also be complaining.
How many were broken into this past week ?
I believe it was three.
You want to be rich ? Introduce the Chicago Clothing Line. All products are made with Kevlar. Safer than what Putzger and Pinhead say
Oh come on, Sam. Wasn’t JB out and about just the other day with his security detail and hand picked cheerleaders telling us how wonderful and safe CHI is? Doesn’t Johnson with his +100 man security detail remind us of the goodness and inate “ generosity of the folks in the communities “? Perhaps both will pop into one of your members establishments for an ice cream cone.
Tough Schitt, you are not going to get it anytime soon. Just look at the response times of the Chicago police. You can die of old age before the come out. They do not look for criminals unless they involve another cop shooting.