-- 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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I sent an email to DD, thanking him for voting to get the Fed Government OPEN again! On this vote, he put American First!
Thanks Dick!
That’s quite a lineup- “ Puffy “ Stratton, leftist Kelly and “Rags to Riches” (a lie ) Raj.
IL Democrats are anti law abiding citizens, and they do not care if they harm them. The shutdown was simply a power struggle at the expense of US citizens. Dems are pushing socialism at taxpayers expense.
Let’s get rid of communists like, Kelly,
Krisna, and Stratton replace them with
people who do care about hard working
Americans. Dump the idiots like Pritzker
the rest of the do nothings in our state
government.