-- 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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Sorry all you trumpie wp commenters. But ironically it’s now dems from Illinois machine to Pelosi in DC that see never Trumper Adam as a threat and a LaHood as an asset. They’re the ones that strategically redistricted Adam against solid Trumper LaHood knowing he’ll never win reelection. Dems state wide to nationally are desperate to keep the crazy trump train alive and they’ll help elect LaHood over Kinzinger any day. It’s an asset for dems to have a few downstate tumpers like LaHood to scare up the base. In dead even Virginia gov race everyone from dem McAuliffe to… Read more »
Hair of the dog this Sunday morning? or just started drinking early to get through the Bears game?
With good reason on the Bears as it turns out.
I had the game on because I happened to be around the house today but I didn’t really watch it….it was brutal. Anyone who plans their sundays around the bears game needs to seriously reconsider their priorities in life…
Too bad you and Crybaby Traitor RINO Adam didn’t skip the Pedo Adam Schiff Kool Aid. You stick with the Traitor Caucus and the fraud that is the Lincoln Project. Frankly, you can have them. Take Underwood, Newman, and that utterly insufferable empty suit Kasten along too, they have the same ideology and loyalty to the Democrat Party as you. <fast forward> The repudiation of Tarry MacAwful was a direct result of his honesty. He didn’t silkily lie like Obama and Clinton, or senile-mumble-lie like Biden, he just came right out and said that parents have no role in educating… Read more »
It’s not tribes over solutions, the Democrats in your highly partisan state $crw’d you over. And then you voted for impeachment and spent all your time on CNN, which was not a solution, but only flamed the partisan wars. The evidence every day is becoming more clear that Jan 6 was a FBI set up. K is more guilty than anyone for morass we are in.