-- 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
I’m honestly not sure why anyone would think anything different would happen with OBiden – they have pretty much wrote the book on political corruption, and have completely politicized the DOJ.
Lausch is RINO scum. Too gutless to indict Madigan. Too close to Lori. Good riddance to bad rubbish.
All the ComEd defendents just got an early Christmas present.
So Madigan will go free. Dorothy Brown will go free. Juicy Smollet will go free. Typical Democrat justice system.
Democrats protecting Democrats.
Madigan indictment to come soon, or never at all.