-- 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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This complete clown pig faced Daley is getting ready to run for mayor because he thinks it’s his birthright. Beware of him.
People don’t have to elect him. ?
Ugh, I thought that’s why there is a sales tax? So tax on a tax?
Let’s get back to basics and clearly ID the drivers of spending, and then make the tough choices based on outcome and results.
Here is a starter: 5% RIF, and 10% cut in benefits for all employees.
A Daley who’s solution to everything is more taxes? How surprising. NOT
hahahaha what won’t these idiots come up with to tax
oh, right, their own incomes and pensions…
“It is costing the city more money. It does generate more trash. Not to mention the additional usage on the roads of the vehicles” making deliveries, Villegas said.
These greedy, lying, thieving pigs have no decency or morals. Their only goal is to financially rape taxpayers. Delivery of online purchases does not cost the city money. Packaging gets recycled. Fewer cars means less wear on roads. Imagine if any business was even 1/10000 as greedy as government
Then request the packages be delivered by drones. 7 of 9 comes to mind.
I would order a daily delivery!