-- 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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True to form, “Wrongway “ runs right out and tells all, a la Rona Barrett, the old gossiper from years past. Perhaps she removed her legs and laid upon the floor again to make her presence known.
Tammy Duckworth; a hero and a fool.
Duckworth is useless and she needs to go.
Of course he did DUCK. You can’t see the humor in anything and only hear what you want to hear. TDS is strong with this moron. You and The DICK need to go.
Take a cue from Putin, Tammy. Don’t believe anything he says.