-- 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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The socialist and progressive caucus and Sophia King, Lori and the Grant Park Advisory council are responsible for the removal of the Columbus statues which started this mess. This was all caused because blm and antifa demanded it. We need politicians who do not give into domestic Marxist terrorists. The taliban terrorists remove statues too. Look how that worked out. The statues were removed after gangbanger thug Jamal green and the criminals from Good Goods Bad City injured 49 cops, two permanently. Things must change in this city and these politicians all have to go.