-- 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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How does Duckworth know about the crime in the neighborhoods when she lives in McLean, VA in a mansion!?
Political motivations lie only with The Turdbin, Duckworthless and the rest of the political animal clowns agitating for the unacceptable status quo.
Thank goodness Durbin is leaving. He should take useless Duckworth with him. Unfortunately, the Democrats running are worse than Durbin.
“ Wrongway “ Duckworth would do well to follow Durbin’s lead and lay low until she mercifully leaves office.
If there’s no crime, then each of these reps should take a nighttime stroll through the Austin or Englewood neighborhoods alone and without their security details. Wear a GoPro camera and livestream it.