-- 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 think the opposition party does not help matters.
Brady is like Dr. Jekyll and Mr. Hyde, depending on the day and his mood.
Unless I am mistaken isn’t Brady the one that is involved in Illinois gambling seeking to continue feathering his bed while trying to act as if he is trying to make things better.
Just another Illinois politician with talking points ignoring the fact that he is a part of the problem.
And we think Illinois can be saved…
lol
Gerrymandered maps also lead to voter suppression. I know many Republicans and conservative leaning state residents who don’t even bother voting because their vote means nothing in a heavily gerrymandered district with no Republican candidate on the ballot year, after year, after year. Sen. Sandoval (D-Federal Prison) ran unopposed in every election he ever ran. No wonder he felt the need to ‘protect’ the red light camera company and his other political donors. He could care less about his constituents because, quite frankly, they have no other choice. Combine this unaccountability with down-right Democrat voter stupidity, and we get corrupt,… Read more »