-- 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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No Mayor Lighthead, You make us a laughing stock when you continually bend over to get pooched by the CTU. Grab your balls and look them square in the eye and tell them that if they do not report to teach on Monday Jan 10th , that they are all fired. Get rid of their contract and use their wildcat strike as the reason and lets all move on!
Everything in Chicago and Cook County is a laughing stock. Nothing new here, move along please
The Covid Cowboy! One of Lori’s numerous stunts that blew up in her face!
Lori is a failure!!!
Dear Lori, You didn’t need the CTU to turn the city into a laughing stock. Remember your not so secret haircut when everyone else was locked up in quarantine? Remember the “Rona the Destroyer” costume shtick? Remember running away from the kid who confronted you? You are Chicago’s and your own worst enemy. You might as well cave into the CTU now, because you know you are going to cave anyway. It’s what you always do. You always quit in the face of strong challenge.