-- 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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Get the mayor of Dalton in state government
That will work well for the state.
Women could not count to 15 without using fingers and toes
Just getting warmed up for an all women of color, Marxist and lesbian government. Others need not apply.
These people need to understand discrimination laws.
Hmm, my women folk are melanin challenged. Would they qualify for this program?