-- 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
Had the voters of Cook County been allowed to vote on this, he would have been voted out a long time ago
Timothy Evans is 82 years old. He should also retire.
I hope his replacement can stand-up for what the court system is supposed to be doing.
Good riddance to bad trash who’s smiley faced, holistic approach to violent felons, begun even before the odious Safe T Act, created 400 more victims at the hands of repeat offenders and 100 dead amongst them, per CWB, one of the few outlets willing to say what channels 2, 5, 7 , 9 and sometimes even 12 won’t.
Even with O’Neill-Burke winning it’s tough to conclude this is part of a wave a change and a shift toward sanity, but one can hope. Will the new judge be more rational?
There is a glimpse of law and order on the horizon
Toni periwinkle will now retire, the reigns are now coming to a end slowly but surely