-- 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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Was Gene Roy wearing his clown suit when he gave this interview? Roy was the laughing stock of the CPD. Security consultant? He has a hard time tying his shoes. Married a politically connected woman and zoom up the promotion ladder he went.
The smoke from the massive fires and hundreds of blocks of chicago in blazes set by BLM, Code Pink, Antifa, Hamas lovers and general Democrat whiners will be visible.
“…United Center and the McCormick Place convention center, will become highly secured bubbles”
Won’t they simply gather in Millennium Park or some other high visibility location? Will the police prevent these groups from shutting down Michigan Ave., LSD or any other major road outside the DNC “bubble”?
Take all the cops away from the taxpaying citizens and put them on convention duty, with overtime.
The citizens are second class citizens and are treated that way.
Their is not enough fabric to hide all of the
Crap going on, especially if the youngins
Start funnin, how about it Zippy?