-- 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 link goes to an article about “Trump administration backs down on terminating thousands of student visa records.”
Fixed it. Sorry. Correct link:https://www.cbsnews.com/chicago/news/ballys-chicago-casino-stop-work-vendor-alleged-mob-connections/
And the corruption continues to increase! You “Go”, Prickster, Prickwinkle and the Johnson!
Kinda like the contaminated land the “ migrant center “ was going to be built on being partially owned by one of the major players of the Hired Truck scandal. I’ll bet he got a contract and is being paid, building or not.