-- 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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Trump is not changing anything that I can see. He will just be enforcing the laws as they exist…something Chicago might want to consider if they want to reduce crime in their city.
Mayor Johnson is fighting for justice and safety????
Have you checked Brandon’s Bodies on CWBChicago lately?
Officer Huesca’s family didn’t want you to attend the funeral either.
Chicago does not stand strong–Chicago is a mess.
Or look at the stats on Heyjackass.com.