-- 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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Lynn sweet is a leftist who caters and panders to anti American causes. She is irrelevant and is a Lori sycophant who was dictated what to write by the racist, hateful, bigoted, affirmative action queen incompetent poor excuse for a mayor.
I respectfully point out that we are a nation of laws. The Law forbids discrimination of ‘political favor’ based upon skin color. If the Mayor of Chicago wants to change the law (allow discretion for whomever officeholder may be to discriminate with lucrative ‘awards’ allocations based upon skin color alone, the Mayor of Chicago Illinois has the power to advocate such a law in Springfield Illinois. Would the quoted Commenter support such a new Law in Illinois? Would the Commenter support such a law if it specifically favored only skin color of her choosing, or would she leave it to… Read more »
Does anyone read the Sun times? LOL
The complete Sun Times and most of the Chicago Tribune are the twin bibles of the local leftist.