-- 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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This is at least an acknowledgement of reality, something that Tampon Tim and JB the Hutt can’t bring themselves to do.
This Dem-induced insurrection is a complete distraction from the simple fact that Tampon Tim has been caught with his arm in the proverbial cookie jar. MN voters should be outraged about this, but instead are focused on the ‘squirrel’ proffered by the useless national media.
I’ve met Larry a few times at multiple functions and he is without a doubt a cops’ cop, deep thinker, get it done kind of guy who can also walk the political tight rope in an insane blue city and state. We need mor Larry Snellings.
There is a possibility that Snelling might retire to focus on running for Mayor of Chicago, idea was floating around on A.M talk radio today, nothing solid yet.
Walz is trying to deflect the attention from himself and all the fraud he,Frey, and Omar are a part of.
Hmmmmm. Didn’t the police call off helping ICE officers when they were attacked a few months back ?
Yes they did. And then tried to redact the transmissions on the police radio that proved as much. Fortunately, too many of the rank and file heard it and threw cold water on the notion of a coverup. I believe said Commander that ordered the officers to leave the area has since been quietly parked in a corner somewhere while waiting for the right time to retire and collect a fat pension, as Yolanda Talley did. Hers is a story for the books.