-- 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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All my years of following politics, never once have I heard “black labor”.
No doubt that he will win the election. Buy stock in uhaul.
Racist!
Does he not realize there are Hispanic and white citizens in Chicago too? (Citizens who pay their water bills and tickets – not apologists who hide behind an accident of birth for their shortcomings.
This is the best candidate the CTU could dig up?
And the sad thing is that he may be the next mayor of Chicago.
What a gutter level race husting fraud
He’s also a MOOCHER!!