-- 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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He’s not the guy. Lost last time on the abortion issue. Wasn’t smart enough to say, let the people decide and respect what the electorate decide. That’s called democracy in action. Republicans need a younger, high profile guy.
Bailey needs to drop out of the race. We didn’t want him last time.
Not to diminish his families loss, Bailey lost his credibility as a shill for Pritzker last time around. He should leave this campaign gracefully so that a more electable candidate like Ted Dabrowski can win the Primary without Pritzker’s money.
I am sorry but using this horrible accident to make a slick musical professional political video and his go fund me account for this is just wrong.