-- 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 is trying to get a job with senile joe and the Blm chosen vp. Not going to happen until the money people in Chicago finally get sick of watching their investment in this once good city stop going down the toilet. Last nights wildings that we’re allowed by the first district command staff headed by Jacob Alderden was another nail in the coffin. Yet again, the police stood down.
Policing is finished in Chicago. No police officer wants to be the next Jason Van Dyke and Robert Rialmo. Kim Foxx won’t prosecute either, so police do nothing and who can blame them.
If the drug companies want people to have confidence in their products they should should remove the liability waiver from ALL vaccines!
Please stop the grandstanding, Mayor Lightfoot. Despite what you may think, you have no chance of rising to national prominence because of your comments. Cleaning up Chicago would put you in a much better position.
BS