-- 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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Hey Mayor Pinhead…what does that even mean? You embarrass the state and City. Your statements and actions make no sense for the people of the City or Illinois. Please sit over there quietly.
Takes one to know one.
Good old Zippy, he should resign and go back to
his old job he was a hit at Riverview along the mid-way side shows. He would draw in 2-3
people a day!
Wow! There’s the pot calling the kettle, er, black. Johnson’s frequent visits to area hospitals for his panic attacks are an open secret. This nut job commenting on anybody else’s state of mental health is hilarious from a guy that pops pills like William Burroughs.
Someone needs a mirror!
He’s got one, but it’s got an orange tint, so he thinks he’s looking at Trump.