-- 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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Folks the 2nd Amendment is instantly available when the Transit cops are only minutes to hours away.
Always carry your metal American Express card. Don’t leave home without it.
Hey Lopez! Quit screwing around and demand the National Guard patrol the CTA . Force Lori and her large friend to say there’s no need as CTA is safe for everyone. Beware of the Goon Squad, this might irritate Herself. Nothing garners votes better than a huge smelly whopper.