-- 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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He wouldn’t want his hoodlums dispersed, arrested and sent home for criminal behavior.
Correction. Stacey Gates pulled the strings. Banjo the Clown just did her bidding
He lives by oakpark and chicago border not downtown so he doesn’t have to deal with that shit
Don’t look now, but three killed and eight shot in CHI since the warming began Wednesday. But we don’t need to further demonize the black and brown kids by making them go home at a reasonable hour.