-- 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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Well, according to this ‘New York’ magazine puff piece, Pete is “sitting pretty”, lol,,, : https://nymag.com/intelligencer/article/pete-buttigieg-transportation-secretary-profile.html Pete Buttigieg Is Living His Best Life How billions of dollars in infrastructure funds turned the Transportation secretary into a D.C. power broker. “In a year of woe and confusion for Biden, it has been Buttigieg who is out front and unruffled…” “These days, Pete Buttigieg is concerned about the future of democracy. “I don’t think it’s an accident that the last time fascism was fashionable in certain corners of this country’s political class, one of the things they said for Mussolini is he… Read more »
Recent video shows that CTA employees need better firearms. Perhaps some gun safety training and fitness programs also. The new $$$ will help.
When Mayor Pete speaks, nobody listens. He’s another failed cog in the Biden machine. How did he get his job? See what happens when you put unqualified people in key roles? The supply chain issues will continue until this moron is booted out.
He’s essentially a ghost payroller, he gives a few speeches every so often, but collects that big paycheck. He got the job in exchange for dropping out of the primary race.
C’mon Man, Pete is our first male cabinet member to take maternity leave, that’s all the experience you need in Clown World.
He was out for weeks and no one outside of his office even knew.
Just more spending we are not collecting taxes for that will just drive inflation, and food and gas prices higher. Nice job Lauren. How about getting inflation under control first? I think the San Francisco federal reserve bank just concluded these programs are what is causing us to take out a mortgage to fill the vehicle with gas?