-- 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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I read the headline and then thought,” So why are you doing exactly that then?”
Kim, the anthracite outlaw.
What? Where has that attitude been for the past few years?
Ridiculous woman.
She says one thing and has been doing another since she took office. She wouldn’t file charges when there was a shootout in broad daylight. We rate her claims “entirely false”.
She is one of the most untruthful people to ever hold public office. And the brain-drained Chicago media reports her stories breathlessly as if they are true. Just read the CWB Chicago website for one week, and you will see what is really going on in our City / county. Perps walking after being arrested for committing felonies all day, every day. Maybe the message will get around town when enough 20 and 30 somethings get a gun shoved in their face and pistol whipped. And make sure you drive a beater car in the City. Just ask the Blackhawk… Read more »
Increased crime from repeat offenders is an intended consequence of social justice. You can’t make an omelette without cracking a few eggs. If you don’t like it, you’re a racist!