-- 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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Building a monument to someone like this. Used to call those actions treason
I guess people already forgot the odious goings on at the Clinton Foundation, a buried scandal that would surely foul the air for miles around if unearthed.
Why can’t they sop the Obama foundation for funding terrorists?
One of the worlds greatest con man! Nothing more.
This should come as a surprise to no one that has followed Obama. What he says and does are often two different things.