-- 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
He ought to spend some time in Dolton
Illinois’ Gerrymandered districts qualify as concerning behavior. Not to Kwame of course, whose work of his life has been the protection of political animals from the voters since he replaced political animal Lisa ‘You’ve got a friend’ Madigan as AG.
Kwame also quite enamored of interfering in other states elections, interfering in other states handling of trans athletes and, his pet project, emptying the prisons.
He’s nothing more than a cog in the DC lawfare machine. Democrat AG’s realized they could transform democrat state AG’s from low profile elected offices into high profile Lawfare machines, with a team of lawyers PAID FOR BY THE TAXPAYER and the full force of the law behind them, including criminal law. It was the NY AG’s office that fined Trump half a billion dollars for allegedly exaggerating the value of Mar-a-Lago on a loan application. As I repeatedly say, DC Democrats view Democrat states as mere provinces in the Globalist American Empire (GAE). State Democrat party jockey for slating… Read more »