-- 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
BFT Thompson finally acknowledged that the “ peaceful protesters “ are the problem and not ICE. If the ISP can assist ICE ( in a very no-nonsense manner, btw ) why can’t her police force?
Mayor you legs must be sore from jumping over the fence that protects your citizens rights and the protesters rights. You made a bad call protecting the protesters and it may show in next election
Broadview’s mayor is all butt-hurt about the Antifa creeps she has been protecting. What a maroon.
If everyone who supported the Broadview ICE facility spent one day out there forming a protection wall against the paid
protesters and rioters, they might see they havr no leg to stand on. Oh yes, I forgot. We all have jobs.