-- 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 Chicago Reader and Chicago Crusader don’t allow reader comments to their news stories and commentaries. That’s a fact since 2021. ☹️
Ms. Leavell’s essay should be required reading for everyone concerned about the erosion of our 1st amendment and the continued implosion of the 4th estate. Thankfully there are still voices of reason above the angry mob coming to cancel our constitution.
We’ve read both Mr. Goodman’s and Ms. Leavell’s comments on the Reader and in neither article did one identify the race of the other.
Refreshing.
Don’t believe what you see and you’ll be fine!
The fake news frauds at the Reader will not be missed — once their shit-rag is shut down
Looks like I’ll have to use the Scum Times to line my birdcage bottom now. I hope the pages fit as nicely on the cage bottom as The Readers’ did.