-- 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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Hopefully Chicago descends into utter Chaos and Riots during the DNC.
Like 1968 2.0.
Pass the popcorn.
OF COURSE THEY DO………DON’T PEOPLE WORK ANYMORE??????
They work for George Soros by walking around with their stupid signs chanting insipid doggerel. Lots more fun than wearing a tie and working from 9 to 5 like the squares, man.
almost forgot about that creepy ole man