-- 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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Mrs. Choate was the old bag on that Seinfeld episode.
If the IG does a responsible investigation they will step on the toes of a number of employees who are politically connected.
Please keep alive the saga of Jenny Thornley, who falsified her own overtime, and when caught, accused her supervisor of sexual harassment. (He was exonerated, while the same investigation verified her fraudulent overtime claims). Then, after Jenny Thornley was denied unemployment compensation, she privately contacted Governor Pritzker’s wife. Shortly thereafter, Jenny Thornley obtained benefits through Governor Office for which she had not been employed. Shortly thereafter, a whistle-blower whom Jenny Thornley had allegedly attempted to coerce into backing up Thornley’s fraudulent overtime claims filed a whistle-blower lawsuit. The whistle-blower lawsuit was squelched in a rare extraordinary action by Kwame Raoul,… Read more »
I strongly agree to keep the Jenny Thornley investigation alive there is something very fishy going on between two people, one male, one female and MK had no choice to do what she and the male did or be exposed.