-- 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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Bill Conway is the only one running for that office that has a chance of being independent
Why the FOP puts up with her is beyond me, time for a blue flu
Foxx is bought and paid for by Soros. Foxx is under the direct control of a foreign national!
Kwame too. Which explains a lot…
What a stupid move by Lightfoot. Foxx is a national laughingstock. No, international.