-- 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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Lori thinks she’s a hard guy!
Screw Lori! Back the blue
“Insurrection”- their new magic word. Replaces “reimagine”, so 2020! Try to keep up…
All she has to do is stop her silly charade, but the arrogant, power hungry little turd never backs down from nobody. Even if it puts the people that elected her at risk. Such stupidity.