-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Question to the court..
since Chicago now has catch and release for all sorts of criminal acts why should anyone care about a citation?
is violating a public health order a crime or considered illegal?
does it keep someone from renting an apartment, financing a home, be excluded from certain occupations.
.
Is The Chicago Illegal Parties Task Force headquartered at the DOWM? Members wear sashes and brightly colored hats. How many Chicago citizens have died laughing as a result of Lori and the clowns.