-- 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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Mayor Lightweight has exposed herself as nothing but a namecalling demagogue. There is nothing more to say about her.
Lightfoot just got played, big time. How embarrassing. Obama used to come here with such love for Chicago. But the new president of the United States comes to town and utterly destroys the city. He rightfully calls out the mayor and the police chief for the ridiculous crime levels. The press tries to cover for the city by saying crime is falling and that Chicago is safer than Afghanstan. But the moment the press has to play defense to Trumps accusations, they’re lost. The FOP just turned on Eddie Johnson too. Game over folks, it’s amateur hour at City Hall.… Read more »
With his war chest overflowing, Trump will at be able to fight back against the mainstream media lies. Hopefully that avenue plus Fox will be enough once he knows for sure who his opponent will be.