-- 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 wonder if there was a deal made….let you out if you agree to speak freely with current federal investigators
Too bad. That just cost Trump my vote. Don’t care who runs against him, I’ll vote for AOC before I vote for the jag that pardoned Bagof****,
I hope you reconsider. Does judging a successful presidency by one disagreeable action seem reasonable, especially considering the alternatives? Of course, if you disagree with Trump about many other things then by all means, look for alternatives. As for me, I like a high percentage of what Trump is doing so he has my vote locked up.
8 years for what Blago did is a long time. It was an excessive sentence. And the process of two trials was a bit much too. And the FBI and DOJ did some very, very wrong things, like destroy Blago’s brother’s life, with multiple nonsense process charges, just to mess with his life, and then ultimately dropped all charge against him. The consensus I get from everyone who isn’t a partisan is that 14 years was too long and most people, R and D, have been saying that since 2011.
Jbs out condemning blagos commuted sentence, but only a couple years ago you got the 2 of then on fbi tape yucking it up about jessie white, emil jones, and the right kind of blacks…included in great trib articale from 2 years ago. https://www.chicagotribune.com/politics/ct-met-illinois-democratic-governor-race-20180205-story.html
Jb & blago—what a couple phonie slime bags. https://youtu.be/-DBy6wR9XkU