-- 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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If we lost The Chicago Reader it would be an apocalyptic tragedy. Do they still hire vagrants to hand it out on street corners? Most have figured it pays the same if it ends up in the trash or some snowflakes hand.
HOW TO BE AN ASSHOLE AND NOT PERSUADE ANYONE — Mob Of Chicago Reader Employees Surround The House Of The Paper’s Owner — Demanding That He Submit To Their Woke Censorship Regime — IF THE READER FOLDS, NO ONE WILL MISS ITS WEEKLY VOMIT OF FAR LEFT WING FAKE NEWS AND FRAUD
I had never read it until today. Took a look at a recent issue and it truly deserves to put out of its misery. As for those who may lose their jobs, Try CNN It’s right up their alley, all left, all the time.